Press release
Autogenous Vaccines Market is estimated to surge ahead at a CAGR of 5.4% to reach US$ 231.6 Mn by the end of 2033
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The market for autogenous vaccines is likely to see growth in the coming years as the demand for personalized and targeted vaccines increases. In addition, the increasing prevalence of emerging diseases and the need for effective vaccines to control outbreaks of these diseases is expected to drive the market. However, the high cost and time required to develop and produce autogenous vaccines may hinder market growth.
Worldwide revenue from the autogenous vaccines market stands at US$ 129.6 Mn in 2022, with the global market estimated to surge ahead at a CAGR of 5.4% to reach a valuation of US$ 231.6 Mn by the end of 2033.
As assessed by Persistence Market Research, bacterial strain segment is expected to hold a largest market value of US$ 92.7 Mn by 2023. Overall, autogenous vaccines market sales account for approximately 1.3% revenue share in the global veterinary vaccines market, which was valued at around US$ 9.9 Bn at the end of 2022.
Companies
Newport Laboratories, Inc. (Boehringer Ingelheim International GmbH)
Elanco Animal Health
Phibro Animal Health Corporation
Ceva Santé Animale
ACE Laboratory Services (Apiam Animal Health)
Huvepharma, Inc.
AniCon Labor GmbH
Cambridge Technologies
Dyntec s. r. o
Hygieia Biological Laboratories
HIPRA
Vaxxinova
sanphar (ipeve)
Addison Biological Laboratory
Zoetis (PHARMAQ AS)
Barramundi Asia Pte Ltd.(UVAXX Asia)
Kennebec River Biosciences
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In terms of geography, the market for autogenous vaccines is expected to be dominated by North America and Europe due to the high demand for animal vaccines in these regions and the presence of well-established vaccine manufacturing infrastructure. However, the market in Asia Pacific is expected to grow at a significant rate due to the increasing demand for animal vaccines in countries such as China and India, as well as the increasing awareness about animal health in the region.
Overall, the market for autogenous vaccines is expected to see steady growth in the coming years, driven by the increasing demand for personalized and targeted vaccines and the need to control outbreaks of emerging diseases.
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Key Segments Covered in Autogenous Vaccines Industry Research
Product:
Bacterial Strain
Virus Strain
End User:
Veterinary Research Institutes
Livestock Farming Companies
Veterinary Clinics and Hospitals
Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
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Persistence Market Research's Expertise in Life Sciences and Transformational Health
Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.
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