Companion Animal Vaccines Market Statistics, Size, Share Analysis 2020-2026 | Global Key Players: Phibro Animal Health, Boehringer Ingelheim International GmbH, Zoetis, Virbac, Heska, Bayer, Ceva, Elanco, Vetoquinol S.A., Intervet Inc. (Merck Animal Healt

Companion Animal Vaccines Market Size is poised to grow at notable CAGR and reach remarkable market value during 2020 to 2026. COVID-19 impact on Global Companion Animal Vaccines Market is analyzed in this report. Report segments Companion Animal Vaccines Market Size, Share and Global Trend By Animal Type (Canine, Feline, Equine, Avian), By Vaccine Type (Attenuated Live Vaccines, Inactivated Vaccines, Toxoid Vaccines, Recombinant, Conjugate & Sub-unit Vaccines), By Distribution Channel (Hospitals Pharmacy, Retail Pharmacy, Online Stores) and Geography Forecast till 2026.

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Leading Key players in the global Companion Animal Vaccines include: Phibro Animal Health, Boehringer Ingelheim International GmbH, Zoetis, Virbac, Heska, Bayer, Ceva, Elanco, Vetoquinol S.A., Intervet Inc. (Merck Animal Health).

According to the report, the canine vaccine segment accounts for the major percentage of the companion animal vaccines market share in terms of animal type. This is attributable to the surge in the number of pet owners and the increasing prevalence of rabies among dogs. The American Pet Products Association states that between 2017-2018, about 60.2 million households in th U.S. adopted dogs, making it the most common pet in the nation. The above mentioned factor is anticipated to be a major factor fueling the demand for canine vaccines, thus, making it the most dominant segment of the companion animal vaccines market.

Increasing Demand for Biotechnology for Production of Recombinant Vaccines to Promote Market Growth

Major factor augmenting growth of the global companion animal vaccines market is the increasing adoption of animals as pets over the world. Besides increasing animal healthcare facilities, increased government support for research and development of novel drugs for companion animals, is a key factor supporting the global animal vaccines market growth. Additionally, the rise in demand for biotechnology for producing DNA vaccines, recombinant vaccines, and multivalent vaccines are likely to turn in favor of the global companion animal vaccines market.

On the contrary, high cost of vaccines and lack of proper storage facility for animal vaccines may restrict market growth. This, accompanied by the inadequate availability of reporting and surveillance systems may hinder the growth of the global companion animal vaccines market in the forecast period.

North America to Remain Dominant, Favorable Government Policies to Support Growth

Geographically, the global companion animal vaccines market is anticipated to be dominated by North America. This is on account of the rising ownership in the region, coupled with the active participation of animal health associations for research and development of novel veterinary therapeutics. As per the American Pets Products Association, about 393 Mn pets were adopted in the U.S. between 2017 to 2018, and this is most likley to fuel the dermand for animal therapeutic products in the region. In addition, government support in the form of animal vaccines guidelines, advancement in medical technology for animals, and strategic collaborations among companies are other factors helping the market in North America continue its dominance in the forthcoming years.

Meanwhile, the companion animal vaccines market in the Middle East and Africa, Latin America, and Asia Pacific, are anticipated to show significant growth. This is owing to the rising number of awareness programmes about animals and improving number of animal healthcare centres, veterinary physicians, and veterinary surgical equipment in these regions.

Intended Audience:

Companion Animal Vaccines Key Players

Companion Animal Vaccines Suppliers

Research and Development (RandD) Companies

Distributer and Supplier companies

End Users

Consultants and Investment bankers

Government as well as Independent Regulatory Authorities

Global Companion Animal Vaccines Market: Geographical Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Companion Animal Vaccines Market: Competitive Landscape:

The report also focuses on global major leading industry players of Global Companion Animal Vaccines Market providing information such as company profiles, product picture and specification, capacity, cost, production, price, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. Companion Animal Vaccines Market Forecast 2025 report study provides key statistics on the market status of the Companion Animal Vaccines Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Table of content

Table of Contents

1 Market Overview

1.1 Companion Animal Vaccines Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.4 South America, Middle East and Africa

1.5 Market Dynamics

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