Veterinary-animal vaccines market demand, size, share, industry 2030
Veterinary-animal vaccines market demand, size, share, industry 2030
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Data Bridge Market Research analyses that the veterinary-animal vaccines market, which was USD 10.69 billion in 2022, would rise to USD 18.23 billion by 2030 and is expected to undergo a CAGR of 6.9% during the forecast period from 2023 to 2030
"Data Bridge Market research has recently published the comprehensive business research on Global Veterinary-Animal Vaccines Market Market includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. Veterinary-Animal Vaccines Market Market analysis report covers detailed value chain analysis of the market.
Veterinary-Animal Vaccines Market Market business report provides exact information about market trends, industrial changes, and consumer behaviour etc. The report assists in outlining brand awareness, market landscape, possible future issues, industry trends and customer behaviour about industry which eventually leads to advanced business strategies. Being a verified and reliable source of information, this market research report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. The Veterinary-Animal Vaccines Market Market business report has been framed with the proper use of tools like SWOT analysis and Porter’s Five Forces analysis methods.
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Veterinary-animal vaccines prevent several livestock diseases from spreading, protecting animal and human health. Food, milk, meat, protein, and other commercial items such as leather and wool derive from animals. Rabies vaccinations, foot and mouth disease vaccines, and equine influenza virus vaccines are among the most widely used veterinary vaccines, which prevent the transfer of infectious pathogens by simulating naturally acquired immunity.
Increasing Research Activities Associated with Veterinary-animal vaccines
An increasing number of research activities have been done for the betterment of the market growth. For instance, the U.K. announced the establishment a U.K. Animal Vaccine Manufacturing and Innovation Centre in Surrey, aiming to increase vaccine development for livestock and control the spread of viral diseases. The U.K. government will contribute USD 24.79 million, whereas the Bill & Melinda Gates Foundation will contribute USD 19.43 million to launch this center. Thus, the research initiatives adopted by several market players and huge government support will expand the market growth. This factor leads to the growth of the market.
Increasing Demand for Attenuated Live Vaccines
The attenuated live vaccines have recently led to huge market growth. Live attenuation is the most traditional vaccination method used in the veterinary field. This method is also under trial for the development of added applications. Some of these options include the development of protein subunit vaccines for swine, which are given intramuscularly. These products help decrease the mortality rate and enhance the life span of disease-affected swine. Thus, this factor help in the market growth.
Opportunities
Increasing Demand for Intranasal Administration
The intranasal segment is expected to grow greatly due to its growing popularity. Mostly, intranasal vaccines are limited to a single dose of vaccine. The growing incidence of respiratory diseases in animals and research activities by major market players to develop better vaccines are anticipated to boost the market growth. Thus, this factor boosts market growth.
Increasing Strategic Developments Associated with Veterinary-animal vaccines
Various companies are continuously launching veterinary-animal vaccine products, creating many market growth opportunities. For instance, Ceva partnered with the French National Research Institute for Agriculture, Food, and Environment (INRAE) for R&D to prevent several infectious diseases from animal origin and improve animal health in 2021. Furthermore, Zoetis launched the Poulvac Procerta HVT-IBD vaccine to protect poultry against Infectious Bursal Disease (IBD) in 2021. Thus, this factor serves as a major factor that increases market growth.
Veterinary- Animal Vaccines Market Scope
The veterinary-animal vaccines market is segmented on the basis of type, disease, technology, route of administration, and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
The veterinary-animal vaccines market is analyzed and market size insights and trends are provided by type, disease, technology, route of administration, and end use as referenced above.
North America is expected to grow during the forecast period veterinary-animal vaccines market due to the increasing occurrences of livestock and zoonotic diseases, resulting in many animal deaths in this region. Furthermore, improvement in animal health expenditure and the wide presence of renowned pharmaceutical companies will increase this region's market's growth rate.
Asia-Pacific dominates the market in the forecast period because of the rising livestock population in this region. The increase in the livestock population and government initiatives, particularly in emerging economies, are some of the main factors anticipated to surge the market growth in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The veterinary-animal vaccines market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for veterinary-animal vaccines market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary-animal vaccines market. The data is available for historic period 2011-2021.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Veterinary-Animal Vaccines Market Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Veterinary-Animal Vaccines Market Market.
Table of Content:
Section 01: Executive Summary
Section 02: Scope of The Report
Section 03: Research Methodology
Section 04: Introduction
Section 05: Market Landscape
Section 06: Market Sizing
Section 07: Five Forces Analysis
Section 08: Market Segmentation by Product
Section 09: Market Segmentation by Application
Section 10: Customer Landscape
Section 11: Market Segmentation by End-User
Section 12: Regional Landscape
Section 13: Decision Framework
Section 14: Drivers and Challenges
Section 15: Market Trends
Section 16: Competitive Landscape
Section 17: Company Profiles
Section 18: Appendix
The following are the regions covered in this report.
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
This study answers to the below key questions:
What are the key factors driving the Veterinary-Animal Vaccines Market Market?
What are the challenges to market growth?
Who are the key players in the Veterinary-Animal Vaccines Market Market?
What are the market opportunities and threats faced by the key players?
Some of the major players operating in the veterinary-animal vaccines market are:
Bayer AG (Germany)
Sanofi (France)
Pfizer Inc. (U.S.)
GSK plc (U.K.)
Merck & Co., Inc. (U.S.)
Ceva (France)
Cargill, Incorporated (U.S.)
Boehringer Ingelheim International GmbH. (Germany)
Takeda Pharmaceutical Company Limited (Japan)
Zoetis (U.S.)
Dechra Pharmaceuticals PLC (U.K.)
Hester Biosciences Limited. (India)
Elanco (U.S.)
Phibro Animal Health Corporation (U.S.)
Indovax (India)
By Type (Porcine Vaccines, Poultry Vaccines, Livestock Vaccines, Companion Animal Vaccines, Aquaculture Vaccines, Other Animal Vaccines), Disease (Porcine, Poultry, Livestock, Companion Animals, Aquaculture), Technology (Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, Recombinant Vaccines, Other Vaccines), Route of Administration (Oral, Parenteral, Topical), End-Use (Hospitals, Clinics)
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