Live Poultry Vaccine Market Revenue was valued at USD 1.25 Billion in 2024 and is estimated to reach USD 2.12 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The South Korean live poultry vaccine market is witnessing significant growth, driven by the escalating demand for poultry products and the imperative to control avian diseases. In 2023, the market was valued at USD 11.3 million and is projected to reach USD 21.9 million by 2030, reflecting a compound annual growth rate (CAGR) of 9.9% from 2024 to 2030.
Several factors contribute to this robust expansion:
Rising Poultry Consumption: The increasing preference for poultry meat and eggs has led to intensified poultry farming, necessitating effective vaccination programs to ensure flock health and productivity.
Government Initiatives: The Ministry of Agriculture, Food, and Rural Affairs (MAFRA) has implemented the Animal Disease Management Program, funding vaccine development and distribution. Additionally, the Livestock Disease Control Act mandates regular vaccination of livestock to prevent outbreaks.
Technological Advancements: Innovations in vaccine technology, particularly recombinant vaccines, have enhanced the efficacy and safety of poultry vaccines, encouraging their adoption among poultry farmers.
Within the vaccine types, modified/attenuated live vaccines are experiencing the fastest growth. These vaccines offer robust immunity with fewer doses, making them ideal for mass immunization in large-scale poultry operations.
Key players in the South Korean poultry vaccine market include:
Zoetis Inc.
Merck Animal Health
Boehringer Ingelheim
Elanco Animal Health
These companies are at the forefront of vaccine innovation, offering a broad range of products catering to various poultry diseases.
Industries involved in poultry farming are increasingly recognizing the importance of adhering to Good Manufacturing Practices (GMP) to ensure the consistent production of high-quality vaccines. Compliance with GMP guidelines is crucial to prevent contamination and ensure the efficacy of vaccines.
In conclusion, the South Korean live poultry vaccine market is poised for substantial growth, driven by increased poultry consumption, supportive government policies, and advancements in vaccine technology. The emphasis on disease prevention through effective vaccination programs underscores the industry's commitment to ensuring poultry health and food safety.
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Zoetis
Merck Animal Health
Boehringer Ingelheim
Elanco Animal Health
Phibro Animal Health
Virbac
Hipra
Venkys
Biovet
Ringpu Biology
Ceva Corporate
KM Biologics
Vaxxinova
Japfa Comfeed Indonesia
Nisseiken
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Live Poultry Vaccine Market
Attenuated Live Vaccines
Inactivated Vaccines
Recombinant Vaccines
DNA Vaccines
Chickens
Turkeys
Ducks
Others (Geese, Quails, etc.)
Newcastle Disease
Avian Influenza
Marek’s Disease
Infectious Bursal Disease
Others (Coryza, Fowl Pox, etc.)
Subcutaneous Injection
Intra-Muscular Injection
Oral Route
Aerosol Administration
Poultry Farms
Veterinary Clinics
Research Institutions
Government Agencies
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Live Poultry Vaccine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Live Poultry Vaccine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Live Poultry Vaccine Market, By Type
6. South Korea Live Poultry Vaccine Market, By Application
7. South Korea Live Poultry Vaccine Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Live Poultry Vaccine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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