Industry Analysis & Industry Trends
Revenue for the Flea and Tick Product Manufacturing OTC industry has remained relatively stable over the past five years, growing slightly. In general, consumer demand for pet products, particularly pharmaceutical treatments, carries a somewhat inelastic quality. Many consumers treat their pets as members of their family, sparing no cost to ensure the health and wellbeing of the animal. Over the next five years, the industry will continue to benefit from steady demand from pet owners while heavier expenditure in research and development (R&D) will drive firms to produce high-margin products that will drive profitability.... purchase to read more
Industry Report - Industry Locations Chapter
The number of industry establishments is relatively minimal compared to many industries, with only an estimated 25 manufacturing facilities. However, the majority of manufacturing facilities are located in the center of the United States. This provides a central location from which to easily ship to both the major population centers of the East and West coasts. The general geographic breakdown is as follows: the Plains (30.0%), Mid-Atlantic (20.0%); Great Lakes (20.0%); Southeast (10.0%); Southwest (10.0%); West (10.0%).
The Plains accounts for the greatest share of the industry establishments with 30.0% of establishments. Nebraska, Missouri and Iowa each account for about 10.0% of establishments... purchase to read more