Poultry Diagnostics Market - Industry Growth Analysis & Forecast By 2025

Poultry Diagnostics Market size is projected to experience significant growth from 2019 to 2025. Growing demand of poultry-derived products across the world will be a major growth driver of the poultry diagnostics market. As per the data published by the United Nations Food and Agriculture Organization (UNFAO), Asia produces highest number of poultry products followed by the North and South America. The demand for such products is estimated to increase the adoption rate of several diagnostic equipment, augmenting the market growth in the near future.

Rising initiatives by animal welfare associations and governments in different countries will enhance the poultry diagnostics market growth. Increase in prevalence of zoonotic diseases and avian diseases will boost the growth of the market over the forecast period.

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However, disputes related to the trade in the poultry industry will be a major factor restraining the growth of the poultry diagnostics market. On May 2018, Brazil appealed that the European Union has illegally constrained poultry imports from the country, by banning around 2,500 strains of Salmonella for salted chicken.

ELISA tests for poultry diagnostics will show considerable amount of growth in the near future. The growth is attributed to several benefits such as, use of ELISA test for the various types of avian influenza that has frequent outbreaks in various regions. Also, ELISA test has several advantages such as cost efficiency, high accuracy, greater sensitivity and specificity. All these factors will contribute to the significant share in the poultry diagnostics market.

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Infectious diseases segment is projected to grow with a lucrative rate over the forecast period. Also, poultry enteritis and mortality syndrome (PEMS) and ALV-J virus are a couple of emerging diseases that will gain interest among other veterinary diagnostics products manufacturers. Increase in availability of advanced poultry diagnostic methods, facilitated with detection of rare infections will result in boosting the market growth.

U.S. is projected to dominate the North America poultry diagnostics market over the forecast period. The industry growth is attributed to factors, such as the growing consumption of poultry products, rise in customer awareness related to food safety, and growing prevalence of zoonotic diseases associated with poultry. As per the data published by the US Department of Agriculture (USDA), per capita consumption of poultry products in the year 2016 was around 107 pounds, increasing from 108.6 pounds in 2017. Hence, increase in poultry products consumption in the regions will augment the market growth.

India poultry diagnostics market is anticipated to grow at a significant rate over the estimation period. Recent bird flu outbreaks in the regions of Southeast Asian countries, increase in awareness among the people, developing economy, and presence of advanced products in the region is projected to enhance the poultry diagnostics market growth in the country.

Some of the major industry players in poultry diagnostics market are Idexx Laboratories, Zoetis, Thermo Fisher Scientific, GD Animal Health and among others. These players focus on expanding their market presence by implementing several strategies such as mergers, acquisitions, partnerships, and collaborations.

Company Profiles:
o Idexx Laboratories, Inc.
o Zoetis
o Thermo Fisher Scientific
o GD Animal Health
o Agrobiotek Internacional
o Biochek
o Bionote
o Boehringer Ingelheim GmbH
o Megacor Diagnostik GmbH

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Arun Hegde
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