Market Overview
This research report provides a concise overview of the Animal Vaccine Market, covering essential elements such as market size, share, growth, report, analysis, trends, industry report, and forecast report. It offers valuable insights into the current global market landscape, highlighting key developments and emerging opportunities. Backed by data and expert evaluation, the report helps businesses, investors, and decision-makers understand evolving market dynamics. With segment-wise coverage and forward-looking analysis, this market research serves as a practical tool for navigating the future of the Animal Vaccine Market.
Animal Vaccine Market Statistic and Research Methodology
Animal Vaccines Market is projected to grow at a CAGR of around 7.4% during the forecast period, i.e., 2023-28.
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Market Key Driver-
The Augmenting Need for Protozoan Parasitic Vaccines– To prevent hazardous disease transmission from animals to people, multiple countries are implementing mass immunization campaigns for animals. As such, the demand for veterinary vaccines is expected to rise due to increased initiatives and investments governments worldwide make to reduce the burden of animal disease and guarantee food security. As a result, protozoan parasitic vaccines are now in high demand in the veterinary healthcare sector, and this trend is projected to continue during the forecast period.
Key Player: –
- Elanco
- Ceva
- Phibro Animal Health Corporation
- Neogen Corporation
- Intas Pharmaceuticals Ltd.
- Biogénesis Bagó
- Ourofino Saúde Animal
- Virbac
- Zoetis
- Merc & Co., Inc.
- Boehringer Ingelheim International GmbH
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Segmentation Analysis-
By Type
- Porcine Vaccines
- Aquaculture Vaccines
- Ruminants Vaccines
- Companion Animals Vaccines
- Canine Vaccines
- Feline Vaccines
- Poultry Vaccines
- Livestock Vaccines
Out of all, the Livestock segment dominated the market in the historical period. This is due to several factors, including an increase in the population of livestock, encouraging government programs, and the outbreak of diseases among cattle and sheep.
By Diseases
- Porcine Diseases
- Aquaculture Diseases
- Ruminants Diseases
- Companion Animals Diseases
- Canine Diseases
- Feline Diseases
- Poultry Diseases
- Livestock Diseases
By Technology
- Live Attenuated Vaccines
- Livestock Inactivated Vaccines
- Toxoid Vaccines
- Recombinant Vaccines
- Other (DNA vaccines)
Of them all, the attenuated live vaccines segment dominated the market for animal vaccines and accounted for a larger revenue share in 2022.
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Geography-
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
In the historical period, North America dominated the market and is likely to prevail in the same trend in the forecast years as well.
Frequently Asked Questions (FAQ)
- What is the current size and expected growth of the Animal Vaccine Market?
- How is Animal Vaccine market share distributed across geography and major players?
- What key trends are shaping the future of the market?
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- What insights are included in the Animal Vaccine market analysis and forecast reports?
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