Global Agricultural Animal Vaccine Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030.
The agricultural animal vaccine market plays a crucial role in safeguarding animal health and ensuring food security worldwide. The growing demand for animal-based products and the rising awareness of the importance of animal vaccination have propelled the growth of this market. With the increasing prevalence of diseases affecting livestock, including cattle, poultry, and swine, the need for effective vaccines to protect animals has never been more urgent. These vaccines help mitigate the spread of zoonotic diseases, which can also affect human populations, ensuring that the agricultural supply chain remains safe and resilient.
Recent trends in the agricultural animal vaccine market indicate significant advancements in vaccine technology. Innovations such as mRNA-based vaccines, which were proven effective in human vaccines during the COVID-19 pandemic, are being explored for use in animals as well. These advancements promise faster, more effective vaccine development, which can better protect animals against diseases such as foot-and-mouth disease, avian influenza, and swine fever. Furthermore, these vaccines can help reduce the need for antibiotics in animals, addressing concerns over antibiotic resistance.
In terms of market size, the agricultural animal vaccine sector is experiencing substantial growth. According to recent estimates, the global market for animal vaccines is projected to grow at a compound annual growth rate (CAGR) of over 7% from 2023 to 2030. This expansion is fueled by the increasing consumption of meat, dairy products, and other animal-derived foods, which directly impacts the demand for healthy livestock. Additionally, emerging markets in Asia-Pacific and Latin America are contributing to the expansion of the market, where livestock farming is a vital industry.
The agricultural animal vaccine market is characterized by intense competition, with key players such as Zoetis, Merck Animal Health, and Elanco leading the charge in vaccine development and distribution. These companies are heavily investing in research and development to introduce innovative vaccines that address both old and emerging animal diseases. Their collaboration with regulatory bodies ensures that vaccines meet the necessary safety and efficacy standards before reaching the market.
In addition to disease prevention, vaccines contribute to improving the overall productivity of livestock, reducing mortality rates, and enhancing the quality of animal products. As global populations continue to rise, the role of agricultural animal vaccines in ensuring sustainable food production cannot be overstated. The future of this market looks promising, with continuous advancements in vaccine formulations and delivery systems that offer hope for more effective disease control in the coming years.
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Merck
Zoetis
Boehringer Ingelheim
Ceva Corporate
HVRI
Ringpu Biology
Yebio Bioengineering
Guangdong Wenshi Dahuanong Biotechnology
Virbac
Jinyu Bio-Technology
ChengDu Tecbond
CHOONGANG VACCINE
FATRO
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 Global Agricultural Animal Vaccine Market
Cow
Sheep
Swine
Chicken
Others
Based on Types the Market is categorized into Below types that held the largest Agricultural Animal Vaccine market share In 2023.
Live Attenuated Vaccines
Inactivated Vaccines
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Agricultural Animal 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. Global Agricultural Animal Vaccine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Agricultural Animal Vaccine Market, By Type
6. Global Agricultural Animal Vaccine Market, By Application
7. Global Agricultural Animal Vaccine Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Agricultural Animal Vaccine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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