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Global Equine Serum Market Dynamics, Major Players, Analysis and Forecast Research 2022 - 2030
The Global Equine Serum Market Report size was valued at USD 415 million in 2021 and is expected to reach USD 602 million by 2030, growing at a CAGR of 4.6% from 2022 to 2030.
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One of the main drivers of the equine serum market is the increasing demand for vaccines. Equine serum is used in the production of vaccines, including those for COVID-19, as well as for other infectious diseases. With the global demand for vaccines on the rise, the demand for equine serum is expected to increase as well. The rising prevalence of infectious diseases is another driver of the equine serum market. Infectious diseases continue to be a major health concern around the world, and equine serum is used in the production of immunoglobulins, which are used to treat these diseases.
One of the main restraints of the equine serum market is the potential for ethical concerns related to the use of horses in the production of these products. Some animal rights organizations have raised concerns about the welfare of horses used in the production of equine serum, which may impact the demand for these products. Another restraint is the potential for supply chain disruptions. Equine serum is produced from the blood of horses, and disruptions in the supply chain, including changes in regulations related to the import and export of horses, can impact the availability and cost of these products.
In conclusion, the equine serum market is expected to continue to grow in the coming years, driven by the increasing demand for these products in the production of vaccines and the rising prevalence of infectious diseases. However, there are potential restraints, including ethical concerns and supply chain disruptions, that may impact the growth of the market. As such, it will be important for industry stakeholders to address these issues and work towards sustainable and ethical practices in the production of equine serum.
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Some of the Key Players Operating in the Global Equine Serum Market include:
Abcam PLC
Biochemed Services
Biologos
Capricorn Scientific GmbH
Jackson ImmunoResearch Inc.
Merck KGaA
MP BIOMEDICALS
Rocky Mountain Biologicals
TCS Biosciences Ltd.
Thermo Fisher Scientific Inc amongst others.
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Our 420+ Pages Report titled, Equine Serum Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Equine Serum Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Equine Serum Market Segmentation:
By Formulation Type
Heat Inactivated
Non Heat Inactivated
Customized Formulations
Others
By Application
Diagnostic Assay
Vaccine Production for Humans and Animals
Supplement in Bacteriological Media
Others
By Packaging Size
100 ml
500 ml
1000 ml
Custom Packaging
Others
By End Users
Research Institutions
Pharmaceutical Manufacturing Companies
By Distribution Channel
Online
Offline
By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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