This paper presents the parametric design and analysis of multiple-beam reflector-antenna systems employed for satellite communications. It is based on extending the earlier work of Rao (see IEEE Antennas and Propagation Magazine, vol.41, no.4, p.53-59,1999) by taking into account the efficiency of the horn and pointing error of the satellite in the design of the multiple-beam antennas (MBAs), and by analyzing the edge-of-coverage directivity and co-polar isolation (C/I) performance. Design and analysis equations are developed for the multiple-beam antennas using offset parabolic-reflector antennas by including various design parameters such as the number of reflectors, the number of frequency cells, the focal-length-to-diameter (F/D) ratio, the horn efficiency, and the pointing error. The analysis employs a quasi-Gaussian beam representation for the primary and secondary patterns in order to take into account the effect of the sidelobes. Results of the analysis given in this paper agree well with rigorous computations based on physical optics analysis of the antenna radiation. Design curves showing the impact of horn efficiency on the C/I performance of multiple-beam antennas are presented for various frequency-reuse schemes.