Animal Vaccines Market size is estimated to be USD 6.5 Billion in 2024 and is expected to reach USD 14.2 Billion by 2033 at a CAGR of 9.5% from 2026 to 2033.
The global Animal Vaccines Market was valued at approximately USD 8.5 billion in 2022, with a projected Compound Annual Growth Rate (CAGR) of 6.2% from 2023 to 2030. This market is driven by the increasing demand for vaccines to prevent various infectious diseases in animals, particularly in livestock and companion animals. As global agricultural practices evolve, the need for enhanced animal healthcare solutions has surged. Livestock vaccination, especially in cattle, poultry, and swine, contributes significantly to the growth of the market. Furthermore, the rise in pet ownership and the growing trend of preventive healthcare for pets is expanding the scope for companion animal vaccines, thereby pushing the market forward in several regions globally.
Regionally, North America held the largest share of the animal vaccines market in 2022, accounting for approximately 35% of the market, driven by strong healthcare infrastructure, government initiatives, and rising animal health awareness. Europe followed closely with a share of 30%, propelled by the robust demand for animal vaccines in both companion and farm animals. The Asia Pacific region is expected to witness the highest growth during the forecast period, with a CAGR of 7.5%, due to the expanding agricultural industry, increasing livestock production, and rising focus on animal disease management. Latin America and the Middle East & Africa are also anticipated to show considerable growth, driven by improving veterinary care and growing livestock farming in these regions.
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Zoetis
Merck Animal Health
Boehringer Ingelheim
Elanco
Virbac
Vetoquinol
Phibro Animal Health
Hester Biosciences
Hipra
IDT Biologika
Zoetis
Tianjin Ringpu
China Animal Husbandry
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 Animal Vaccines Market
Live Attenuated Vaccines
Inactivated/Killed Vaccines
Toxoid Vaccines
Recombinant Vaccines
DNA Vaccines
mRNA Vaccines
Dogs
Cats
Others
Subcutaneous
Intramuscular
Intravenous
Liquid Vaccines
Lyophilized/Virulent Vaccines
Powder Vaccines
Preventive Vaccines
Therapeutic Vaccines
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 Animal Vaccines 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 Animal Vaccines Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Animal Vaccines Market, By Type
6. Global Animal Vaccines Market, By Application
7. Global Animal Vaccines Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Animal Vaccines Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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