The
major key pillars for global Veterinary Vaccine market are listed below: Aptimmune Biologics Inc., Boehringer Ingelheim
International GmbH, Brilliant Bio Pharma Private Limited, Ceva, China Animal
Husbandry, Covetrus, Elanco, Hester Biosciences Limited., Merck & Co. Inc.
(Intervet International B.V.), Torigen, VEROVACCiNES GmbH. Vetoquinol S.A., Virbac,
Zoetis
The global veterinary vaccine market was
estimated to be US$ 7.89 Mn in 2020 and is expected to reach US$ 13.97 by 2030,
growing at an estimated CAGR of 7.5% over the forecast period.
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The use of vaccines in the veterinary field has evolved from an
experimental perspective. Veterinary vaccines play an important role in the
safety of animal welfare and human health, decreasing the suffering of animals
and dramatically reducing the need for antibiotics for the care of food and
pets. In order to incorporate modern
technology, provide animal disease models and counter new and emerging
infectious diseases the ongoing relationship between animals and human
researchers and health professionals will be of significant importance. Protection and continuous effectiveness is an absolute
prerequisite for veterinary vaccines. In contrast to pets or companion animals,
special precautions must be taken during the preparation of vaccine for food
animals. The cost of chemotherapy and prophylaxis against certain infectious
diseases is very high but vaccination is an extremely cost-effective measure to
prevent or decrease clinical symptoms after infection and to remove infectious
diseases.
The demand for veterinary vaccines in
Asia Pacific is projected to rise at the fastest rate. Growing pet acceptance,
expansion of key vaccine players, growing product availability, and investments
in manufacturing facilities in various Asia Pacific countries, especially in
India, China are the main factors driving the growth of the aforementioned
market.
Veterinary Vaccine Market Segmentation:
By Type
- Beef
- Equine
- Dairy
- Pork
- Poultry
- Sheep
- Dog
- Feline
- Swine
- Aquaculture
- Ruminants
- Others
By Technology
- Live
Attenuated Vaccines
- Inactivated
Vaccines
- Toxoid
Vaccines
- Recombinant Vaccines
- Other
Vaccines
By Disease Indication
By Region
o North
America
o Europe
o Asia
Pacific
o Middle
East and Africa
o Latin
America
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