Rabies Vaccine for Pets Market size is estimated to be USD 700 Million in 2024 and is expected to reach USD 1.2 Billion by 2033 at a CAGR of 6.5% from 2026 to 2033.
The Rabies Vaccine for Pets market was valued at approximately USD 400 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030. This growth is driven by the increasing adoption of pets globally, particularly in North America and Europe, where pet ownership is on the rise. The growing awareness of rabies prevention, government regulations on pet vaccination, and the increasing need for pet healthcare services are the key drivers behind the market expansion. In 2022, North America held the largest market share, accounting for around 38% of the global market, driven by strong demand for rabies vaccination due to stringent animal health regulations and high pet ownership rates in countries such as the United States and Canada.
In terms of regional growth, the Asia Pacific market is anticipated to witness the highest CAGR during the forecast period. This growth is attributed to rising pet ownership, particularly in emerging economies like China and India, where awareness of rabies prevention is increasing. Additionally, the growing number of veterinary clinics and expanding pet care infrastructure in the region are contributing factors. The Middle East & Africa region is also expected to show significant growth due to the rising adoption of pets and increasing government initiatives to control rabies in certain countries. Latin America, while still growing, is expected to contribute to a smaller share of the global market but will experience steady growth due to an increase in disposable income and awareness of rabies prevention among pet owners.
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Merck
Zoetis
Boehringer Ingelheim
Ceva
Virbac
Bavarian Nordic
Dyntec
Sanofi-Pasteur
Tianjin Ringpu Bio-Technology
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. 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 Rabies Vaccine for Pets Market
Live Attenuated Vaccines
Inactivated Vaccines
Recombinant Vaccines
Dogs
Cats
Other Pets (e.g., Ferrets, Rabbits)
Subcutaneous Injection
Intramuscular Injection
Oral Vaccine
Preventative Vaccination
Post-Exposure Prophylaxis
Veterinary Clinics
Online Retailers
Pharmacies
Animal Hospitals
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 Global Rabies Vaccine for Pets 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 Rabies Vaccine for Pets Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Rabies Vaccine for Pets Market, By Type
6. Global Rabies Vaccine for Pets Market, By Application
7. Global Rabies Vaccine for Pets Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Rabies Vaccine for Pets Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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