Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia Market was valued at USD 0.08 Billion in 2022 and is projected to reach USD 0.14 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
The European inactivated vaccine market for swine mycoplasma pneumonia has seen a significant increase in demand due to the rising need for effective disease prevention in the swine industry. Swine mycoplasma pneumonia (SMP) is a critical respiratory disease that can affect swine health, causing significant economic losses in the form of reduced productivity, weight loss, and increased mortality rates. The increasing awareness of the economic impact of this disease has propelled the demand for vaccines in the European market. Inactivated vaccines play a crucial role in preventing this disease by stimulating the immune system of pigs, making them resistant to Mycoplasma hyopneumonia, the bacterium responsible for SMP.
The market for these vaccines is primarily driven by the need for better animal health management practices. Industries involved in pork production are seeking more advanced vaccines to ensure healthy livestock and improve the overall productivity of their farms. The demand for inactivated vaccines is especially high in European countries with large-scale swine farming operations, where intensive production practices increase the risk of outbreaks. Additionally, regulations and consumer pressure on animal welfare and food safety are prompting industries to adopt more stringent measures for disease control.
The swine industry is increasingly looking for vaccines that offer long-lasting immunity with minimal side effects. This requirement is shaping the development of inactivated vaccines that provide better protection while ensuring the health and productivity of the animals. Moreover, advancements in vaccine formulation, such as combining multiple pathogens in a single vaccine, are gaining popularity. These combination vaccines offer convenience, cost-effectiveness, and better protection against multiple strains of Mycoplasma hyopneumonia.
Inactivated vaccines for swine mycoplasma pneumonia are also being influenced by the growing importance of biosecurity practices within the European pork industry. The need for higher standards in disease prevention and control continues to drive innovation and demand for vaccines that align with industry regulations and the welfare of the animals.
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Zoetis
Boehringer Ingelheim
Jinhe Biotechnology
Merck
HIPRA
Ceva Santé Animale
Harbin Pharmaceutical Group
Pulike Biotech
Qilu Animal Health Products
Wuhan Keqian Biology
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 Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia Market
Monovalent Vaccine
Multivalent Vaccine
Liquid Formulation
Lyophilized (Freeze-dried) Formulation
Intramuscular
Subcutaneous
Oral
Veterinary Clinics
Research Institutes
Animal Farms
Direct Sales
Veterinary Pharmacies
Online Retailers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, 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 Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia 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. Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia Market, By Type
6. Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia Market, By Application
7. Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Inactivated Vaccine for Swine Mycoplasma Pneumonia Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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