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Poultry Pharmaceuticals Market is expanding rapidly with Boehringer Ingelheim introducing VAXXITEK HVT+IBD+ND vaccine for Newcastle disease, Marek’s disease, and Infectious Bursal Disease

08-02-2021 03:20 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Poultry Pharmaceuticals

Poultry Pharmaceuticals

With increasing number of diseases and infections in domestic poultry, the need for effective and affordable vaccines is growing day by day. To meet this demand the pharmaceutical manufacturing companies are focusing more on the manufacturing of vaccines specifically for viral diseases in poultry. As far as regional impact is concerned, North America seems to be gaining significant traction in the poultry pharmaceuticals market. This is typically due to the fact that there is a wide availability of livestock and the implementation of animal healthcare measures in the region. On the contrary, Asia Pacific is exhibiting a positive outlook due to rising urbanization and disposable income.

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Consumption of chicken across the globe has increased significantly over the years. As per the U.S. Department of Agriculture (USDA), in 2018, around 65.2 pounds of chicken per person were available in the U.S. to each. As per the same source, chicken availability per person has more than doubled since 1970. As per the United Nations Food and Agriculture Organization (FAO), in 2018, over 68.79 billion chickens were used in the slaughterhouses, increasing from 58.26 billion in 2011. Such massive consumption of chicken has increased the expenditure on poultry pharmaceuticals and related products. Hence, these factors can stimulate growth of the poultry pharmaceuticals market.

As per the forecast period, chicken is expected to remain the main source of protein for the coming years. This is mainly because the protein content is very high and it helps in the growth and development of the chicken. This also accounts for keeping the fat content down in the chicken meat and this further improves its quality and increases the shelf life. Other nutrition required by the poultry industry is carbohydrates and sugar and this is supplied through grains. Despite these advantageous factors, challenges such as generic competition, stringent regulations, and low product exclusivity can potentially impede growth of the said market. Besides, there is growing concern regarding the use of antibiotics and growth promoters among poultry owners since poultry antibiotics can have a negative impact on humans, which can inhibit growth of the poultry pharmaceuticals market.

On the contrary, the poultry sector itself has expanded massively in the recent past, in both developed and emerging economies. Consumers are increasingly spending on poultry products such as chicken and eggs, which has further increased the demand for poultry pharmaceutical products. Therefore, these factors can augment growth of the poultry pharmaceuticals market. Recently, in January 2020, Boehringer Ingelheim launched the VAXXITEK HVT+IBD+ND vaccine, which offers protection against Newcastle disease, Marek’s disease, and Infectious Bursal Disease.

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Top Players Are: Bayer AG, Bimeda, Ceva Sante Animale, Elanco Animal Health (Eli Lilly and Company), Merck Animal Health, Merial Animal Health (Sanofi), Virbac, Boehringer Ingelheim, Zoetis, Inc., Pacific GeneTech, and Avivagen Inc.

There is Multiple Chapter to display the Global Poultry Pharmaceuticals Market some of them As Follow

Chapter 1, Definition, Specifications and Classification of Poultry Pharmaceuticals, Applications of Poultry Pharmaceuticals, Market Segment by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Materials, and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of Poultry Pharmaceuticals, Capacity, and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes the United States, China, Europe, Japan, Korea & Taiwan, Poultry Pharmaceuticals Segment Market Analysis (by Type);
Chapter 7 and 8, The Poultry Pharmaceuticals Segment Market Analysis (by Application) Major Manufacturers Analysis of Poultry Pharmaceuticals;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Natural preservative, Chemical preservative, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global Poultry Pharmaceuticals;
Chapter 12, Poultry Pharmaceuticals Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, Poultry Pharmaceuticals sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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