Exhaustive Study on Animal Vaccines Market 2020 | Strategic Assessment by Top Players (Merck, Zoetis, Ceva Sant Animale, Sanofi, Romvac, Vaxxinova) | Forecast to 2025

Global Animal Vaccines Market overview:

The growing demand for Animal Vaccines has provided a major boost to the Global Animal Vaccines Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.

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The growth of this market is driven majorly by the increase in the companion animal population, rising incidence of zoonotic diseases, initiatives by various government agencies and animal associations to maintain animal health, and the rising demand for animal-derived food products are driving the growth of this market. On the other hand, the high storage cost of vaccines is restraining market growth. The global Animal Vaccines Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.

Based on Product Type, the market is divided into:

1 Attenuated Vaccines

2 Inactivated Vaccines

3 Subunit Vaccines

4 Toxoid Vaccines

5 Conjugate Vaccines

On the basis of End Use Industry, the market is split into:

1 Companion Animals

2 Cattle

3 Pigs

4 Poultry

5 Sheep

Based on disease, the porcine vaccines market is segmented into porcine reproductive and respiratory syndrome (PRRS), porcine circovirus II, porcine parvovirus, swine influenza, swine pneumonia, and other porcine diseases. In 2019, the porcine circovirus II segment dominated this market owing to the high and growing prevalence of the infection.

Objectives of the Study

To describe and forecast the global Animal Vaccines Market on the basis of Product Type, industry verticals, Channel and regions.

To forecast the Animal Vaccines Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.

To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.

To provide detailed information regarding the major factors influencing the growth of the Animal Vaccines Market (drivers, restraints, opportunities, and challenges).

To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.

To strategically profile key players and comprehensively analyze their core competencies and positioning.

To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Animal Vaccines Market.

 

Some of the Animal Vaccines Market manufacturers involved in the market are Merck, Zoetis, Ceva Sant Animale, Sanofi, Romvac, Vaxxinova, Biovac, Merial, Anicon Labor GmbH, Acquisitions and effective mergers are some of the strategies adopted by the Animal Vaccines Market manufacturers. New product launches and continuous technological innovations are the Animal Vaccines Market strategies adopted by the major players.

Latest Industry Updates:

Merck (NYSE: MRK), known as MSD outside the United States and Canada, today confirmed that four African countries, including the Democratic Republic of the Congo (DRC), have approved ERVEBO (pronounced er-VEE-boh). ERVEBO was granted a conditional marketing authorization by the European Commission on November 11, 2019 and approved by the U.S. Food and Drug Administration (FDA) on Dec. 20, 2019. In the United States, ERVEBO is indicated for the prevention of disease caused by Zaire ebolavirus in individuals 18 years of age and older. The duration of protection conferred by ERVEBO is unknown. ERVEBO does not protect against other species of Ebolavirus or Marburgvirus. Effectiveness of the vaccine when administered concurrently with antiviral medication, immune globulin (IG), and/or blood or plasma transfusions is unknown.

Approvals by these African countries signify continued, groundbreaking progress in advancing the future of global public health preparedness against Zaire ebolavirus disease, made possible by the unprecedented collaboration between the World Health Organization (WHO), the African Vaccines Regulatory Forum (AVAREF), African governments, the European Medicines Agency (EMA), and Merck. These approvals were the result of the successful implementation of the WHO’s Roadmap for introduction and roll‐out of Merck rVSV-ZEBOV Ebola virus disease vaccine in African countries. The roadmap, designed to coordinate actions and contributions toward the licensing and roll-out of ERVEBO, helped facilitate near-parallel regulatory reviews and led to the approvals of the vaccine in several at-risk countries within 90 days of WHO prequalification.

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Asia Pacific was a prominent market for Animal Vacciness in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Animal Vaccines market in Asia Pacific.

There are several manufacturers of Animal Vacciness in Europe and North America. In North America, the demand for Animal Vacciness is primarily driven by the residential sector. Improved standards of living and rising usage of Animal Vacciness for flooring purpose are anticipated to drive the market in North America.

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Table of Contents:

Global Animal Vaccines Market Report 2020

1 Animal Vaccines Definition

2 Global Animal Vaccines Market Major Player Share and Market Overview

3 Major Player Animal Vaccines Business Introduction

4 Global Animal Vaccines Market Segmentation (Region Level)

5 Global Animal Vaccines Market Segmentation (Product Type Level)

6 Global Animal Vaccines Market Segmentation (Industry Level)

7 Global Animal Vaccines Market Segmentation (Channel Level)

8 Animal Vaccines Market Forecast 2020-2024

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