veterinary vaccines market Share, Top Key Players, Growth, Trend and Forecast Till 2027

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Increasing trend to use fewer antibiotics and growing use of vaccines to treat zoonotic disorders are boosting the veterinary vaccines market.

The global veterinary vaccines market is anticipated to reach value of USD 12.75 Billion by 2027, according to a current analysis by Emergen Research. The veterinary/animal vaccines market is likely to expand rapidly, due to the growing use of vaccines to treat zoonotic disorders and increasing inclination to use fewer antibiotics. Moreover, the rising rate of incidence of livestock disorders is anticipated to propel the veterinary vaccines market further during the forecast period.

The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the veterinary vaccines market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by emergenresearch, is a detail-oriented compilation of the crucial aspects of the veterinary vaccines market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

Key market participants include Zoetis Inc., Bayer AG, Virbac SA, Merck KGaA, Eli Lilly and Company, Phibro Animal Health Corporation, Elanco Animal Health Incorporated, Aptimmune Biologics Inc., Dechra Pharmaceuticals PLC, and Laboratorios HIPRA, S.A.

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Key Highlights of Report

In January 2020, Automazioni VX, Inc. entered into a cooperative agreement with Merck Animal Health, a division of Merck KGaA. The collaboration was aimed to launch Innoject Pro, a uniquely developed technology for subcutaneous injection vaccination of chicken. The technology can be utilized in conjunction with the Innovax vaccine by Merck Animal Health, which is used to safeguard poultry from bacterial infections.

The poultry segment is expected to lead the global veterinary vaccines market throughout the forecast period, expanding at a CAGR of 7.0%. The increased need for risk-free pet food, associated with a growing focus on developing new animal protection approaches, is estimated to drive the segment during the forecast period.

The injection segment is projected to retain the largest market share throughout the forecast period. Growth of the segment is attributable to increasing use of injection vaccines for protection of animal health. Injection vaccines play a crucial role in preventing and controlling the dissemination of disease outbreaks in both farm animals and livestock..

The veterinary/animal vaccines market is likely to expand rapidly, due to the growing use of vaccines to treat zoonotic disorders and increasing inclination to use fewer antibiotics. Moreover, the rising rate of incidence of livestock disorders is anticipated to propel the veterinary vaccines market further during the forecast period.However, during the forecast period, the global veterinary vaccines market is likely to be hampered by lack of appropriate standards and quality controls in veterinary vaccine production.

Due to growing prevalence of viral infections among livestock, including the Nipah virus infection, avian influenza, canine influenza, swine flu, and bird flu, the viral segment is expected to lead the market during the forecast period.

North America is expected to dominate the global market for veterinary vaccines during the forecast period, due to rising incidence of animal diseases and growing population of pets in the U.S.

Market Scope:

One of the report’s central components is the broad veterinary vaccines market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the veterinary vaccines market players.

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Emergen Research has segmented the global veterinary vaccines market based on type, administration path, technology, infection, and region.

Type Outlook (Revenue, USD Billion; 2017–2027)

  • Poultry
  • Swine
  • Aquaculture
  • Cattle
  • Cat
  • Dog

Administration Path Outlook (Revenue, USD Billion; 2017–2027)

  • Oral
  • Injection
  • Spray/Immersion

Technology Outlook (Revenue, USD Billion; 2017–2027)

  • Inactivated
  • Live Attenuated
  • Recombinant
  • Toxoid

Infection Outlook (Revenue, USD Billion; 2017–2027)

  • Fungal
  • Bacterial
  • Parasitic
  • Viral

TOC of the global veterinary vaccines market report:

Chapter 1, describes the veterinary vaccines Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.

Chapter 2, analyzes the key manufacturers of veterinary vaccines , along with the sales, revenue, and price of veterinary vaccines , in the forecast period.

Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.

Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of veterinary vaccines , for each region, from 2020 to 2027.

Chapters 5, 6, 7, 8 and 9, analyze the veterinary vaccines market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued

 

Read More: https://www.emergenresearch.com/industry-report/veterinary-vaccines-market

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