Press release
Dog Vaccines Market Outlook (2024-2033): Industry Size, Share, Growth, Analysis and Forecast
Dog Vaccines
The Business Research Company presents an extensive market research report on the Dog Vaccines Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The dog vaccines market size has grown strongly in recent years. It will grow from $3.43 billion in 2023 to $3.64 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to innovative vaccination protocols, zoonotic disease awareness, globalization and travel, educational campaigns, research and vaccine development, veterinary practice evolution..
The dog vaccines market size is expected to see strong growth in the next few years. It will grow to $4.76 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing pet adoption rates, health consciousness among pet owners, government regulations and mandates, rising humanization of pets, prevalence of canine diseases.. Major trends in the forecast period include pet insurance and healthcare plans, availability and accessibility, customized vaccination protocols, changing disease patterns, development of novel vaccines..
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Key Market Players:
Major companies operating in the dog vaccines market report are Bayer AG, Vetoquinol S.A., Boehringer Ingelheim GmbH, Ceva Sante Animale, Heska Corporation, Merck & Co. Inc., Virbac Animal Health Pvt. Ltd., Elanco Animal Health Incorporated, Zoetis Inc., CZ Vaccines, Indian Immunologicals Ltd., Sanofi S.A., CyMedica Orthopedics Inc., Creative Biolabs Inc., Meiji Holdings Co. Ltd., Bioveta A.S., Phibro Animal Health Corporation, Hester Biosciences Limited, High Speed Digieal Processor Architecture Pvt. Ltd., Dechra Pharmaceuticals plc, Idexx Laboratories Inc., Norbrook Inc., Biogenesis Bago SA, Vaxxinova India Private Limited, Bimeda Animal Health Ltd., Lohmann Animal Health GmbH, Biovac Ltd., Zenex Animal Health India Pvt. Ltd., Instituto Rosenbusch S A, Pfizer Inc.
Market Drivers:
The rise in the adoption of pet dogs is expected to propel the dog vaccines market going forward. A pet dog refers to a companion animal that is domesticated or tamed and lives within a home. A dog vaccine is an injection that is given to dogs in series starting at the puppy stage and continuing into adulthood. This vaccine stimulates the immune system which helps dogs to encounter microorganisms and not get sick or have less severe symptoms. For instance, according to the National Pet Owners Survey by the American Pet Products Association 2021-2022, a US-based not-for-profit industry association, 70% of households in the United States owned a pet, which was equal to 90.5 million homes. Out of this, a total of 69 million U.S. households owned a dog as a pet, which was the highest compared to other animals as pets. Thus, the rise in the adoption of pet dogs is driving the growth of the dog vaccines market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/dog-vaccines-global-market-report
The dog vaccines market covered in this report is segmented -
1) By Type: Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines
2) By Route Of Administration: Subcutaneous, Intramuscular, Intranasal
3) By Application: Below 6 Months, Above 6 Months
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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