Global Veterinary Vaccines Market is valued at USD 7.29 Billion in 2018 and expected to reach USD 11.55 Billion by 2025 with the CAGR of 6.80% over the forecast period. Increasing adoption of companion animals and rising incidences of zoonotic diseases are the major growth factor for the Global Veterinary Vaccines Market.
Scope of Global Veterinary Vaccines Market Reports –
Environmental changes are affecting human as well as animals. Thus, to prevent animals from different diseases vaccines are majorly used. The field of research includes vaccines developed against many veterinary diseases, the methods for their inhibition and their treatment. The aim of vaccines is to improve the animal health, increasing production of livestock and avoid animal to human transmission. Successful veterinary vaccines have been formed against viral, bacterial, protozoal, and multicellular pathogens, which used in many applications and have also increased the adaptation of innovative technologies. Vaccines have become a very effective tool for the disease prevention and allowing veterinarians to stop outbreaks before they occur.
However, the diseases are always be a threat and some animals will become sick during their lives. Continuous developments to produce new vaccines is also anticipated to support farmers and veterinarians in facing these evolving threats.
Global Veterinary Vaccines market report is segmented on the basis of product, technology, disease and regional & country level. Based on product, global veterinary vaccines market is classified as livestock vaccines, companion animal vaccines, porcine vaccines, equine vaccines, poultry vaccines, aquaculture vaccines, and other animal vaccines. Based on technology, global veterinary vaccines market is classified as inactivated vaccines, live attenuated vaccines, subunit vaccines, toxoid vaccines, recombinant vaccines, DNA vaccines and conjugate vaccines. Based on diseases, global veterinary vaccines market is classified as poultry diseases, companion animal disease, livestock diseases, aquaculture diseases and other diseases.
The regions covered in this Veterinary Vaccines market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of veterinary vaccines is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Veterinary Vaccines Market Report- Global Veterinary Vaccines Market report covers prominent players like Bayer Healthcare, Zoetis (Pfizer), Boehringer Ingelheim, Bioniche Animal Health, Ceva, Elcano Animal Health, Heska Co., Merck Animal Health, Merial (Sanofi), and Virbac and others.
Increasing Demand for Animal Protein in Developing Countries is Driving the Global Veterinary Vaccines Market. Major factors driving the growth of global veterinary vaccines market are advancement in diagnostic services and vaccine technology, increasing adoption of veterinary vaccines for quality food products and better animal health and increasing demand for animal protein in developing countries. In recent years animal vaccination is increased due to the increasing concern about pets and to prevent animal to human transmissions. In developed countries, domestic animals are increased and disposable income is also rising and these factors are also supplementing the veterinary vaccine market growth. However, high storage costs for vaccines and reaction of vaccines is hindering the market. Moreover, increasing domestic pet market in emerging countries can provide various opportunities for the further growth of the market.
Key Benefits for Global Veterinary Vaccines Market Reports –
• Global Veterinary Vaccines Market report covers in depth historical and forecast analysis.
• Global Veterinary Vaccines Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Veterinary Vaccines Market report helps to identify opportunities in market place.
• Global Veterinary Vaccines Market report covers extensive analysis of emerging trends and competitive landscape.
Global Veterinary Vaccines Market Segmentation:–
By Product:
• Livestock Vaccines
• Companion Animal Vaccines
• Porcine Vaccines
• Equine Vaccines
• Poultry Vaccines
• Aquaculture Vaccines
• Other Animal Vaccines
By Technology:
• Inactivated Vaccines
• Live Attenuated Vaccines
• Subunit Vaccines
• Toxoid Vaccines
• Recombinant Vaccines
• DNA Vaccines
• Conjugate Vaccines
By Diseases:
• Poultry Diseases
• Companion Animal Disease
• Livestock Diseases
• Aquaculture Diseases
• Other Diseases
By Region
North America
U.S.
Mexico
Canada
Europe
UK
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
The Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
North America is Expected to Dominate the Global Veterinary Vaccines Market. North America is expected to dominate the market due to the increasing adoption of pets and rising vaccination acceptance in this region. For example; according to American veterinary medical association; Dogs are the most popular pet in U.S. households. At year-end 2016, 38.4 percent of households owned dogs, up from 36.5 percent five years earlier. In 2016, 78.8 percent of dog owners brought their animals in for routine at least once a year, compared with 47.2 percent of cat owners. North America is followed by Europe owing to the rising production of veterinary products and increasing government initiative regarding animal health. Asia pacific is an emerging market for veterinary vaccine due to the increasing adoption of pets, growing awareness about animal vaccination and increasing commercialization of veterinary pharmaceuticals this region.
Veterinary Vaccines Market Key Players
Biogenesis Bago
Boehringer Ingelheim
CevaAnimal Health, Inc.
China Animal Husbandry
Hester
Hipra
IDT Biologika
Jinyu Bio-Technology
Merck Animal Health
Phibro Animal Health
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