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Veterinary Vaccine Market is estimated to grow at a CAGR of 6.1% during the forecast period of 2023-2030: Cognitive Market Research
Veterinary Vaccine Market is estimated to grow at a CAGR of 6.1% during the forecast period of 2023-2030:Cognitive Market Research
- Veterinary vaccines are essential for preventing diseases from spreading and protecting both animal and human health, which is critical given the public's reliance on animals. Animals are the source of all human food, milk, protein, and industrial goods like leather and wool. Vaccinations against rabies, foot-and-mouth disease, and the equine influenza virus are some of the most often used Veterinary vaccines that prevent the spread of infectious pathogens by duplicating naturally acquired immunity.
Summary:
- The global Veterinary Vaccine market is estimated to be valued at USD 8,486.5 million in 2022 and is expected to exhibit a CAGR of 6.1 % during the forecast period (2023-2030).
"To know more about The Veterinary Vaccine Market statistics click here: https://www.cognitivemarketresearch.com/veterinary-vaccine-market-report
Veterinary Vaccine Market Drivers
- Growth in pet adoption will fuel demand for animal vaccines, which propel the growth of the global Veterinary Vaccine market. In addition, the rising level of expenditure for pet healthcare dominates the global veterinary-animal vaccines market growth. Furthermore, the rise in the prevalence of foodborne and zoonotic diseases drives the demand for the global market.
Veterinary Vaccine Market Opportunity
- Technological advancement in the development of animal health vaccines and an increase in the number of emerging markets will provide opportunities for the veterinary-animal vaccines market growth.
Veterinary Vaccine Market Restraints
- The high cost associated with the vaccine and the lack of well-established infrastructure in emerging countries.
Market Segmentation:
Technology
• Inactivated Vaccines
• Toxoid Vaccine
• Live Attenuated Vaccines
• Subunit and DNA Vaccines
Live Attenuated Vaccines dominate the global Veterinary Vaccine market in terms of growth rate. Live attenuation is the oldest vaccination method used in the veterinary field.
Animal Type:
Companion
• Equine
• Canine
• Feline
Livestock
• Bovine
• Ovine
• Porcine
• Poultry
• Others
The livestock segment dominates the global market with the highest revenue share. Supportive government initiatives, increasing livestock population, and the outbreak of diseases among cattle and sheep drive the demand for the global market.
The Major Players in Veterinary Vaccine Market are:
Merial, Merck, Boehringer Ingelheim, Zoetis, Virbac, Ceva, Elanco/Eli Lilly, Sindh Poultry Vaccine Centre, Bio Labs, Vaksindo
Get free sample pages of the latest published Veterinary Vaccine Report:
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Regional Analysis:
- North America dominates the global Veterinary Vaccine Market.
North America dominates the global Veterinary Vaccine market with the highest revenue share. This is attributed to the growing incidences of livestock and zoonotic diseases which have resulted in a large number of animal deaths in this region. Furthermore, Asia-Pacific is forecasted to dominate the global market in terms of growth rate. The rising livestock population drives the demand for the target market in the country in the region.
Veterinary Vaccine Market Recent Development
- Boehringer Ingelheim partnered with Henke-Sass Wolf.
In October 2020, Boehringer Ingelheim partnered with Henke-Sass Wolf to develop an innovative intramuscular needle-free vaccine injection tool for pigs around weaning until the end of their nursery.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of the Veterinary Vaccine Market
Chapter 4 Global Veterinary Vaccine Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Veterinary Vaccine Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Veterinary Vaccine Industry Mergers and Acquisition Analysis
• 5.3 Global Veterinary Vaccine New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Veterinary Vaccine Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
• 6.1 Overall Company's Disclosure Score
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Veterinary Vaccine Market by Technology Segmentation Analysis (2018-2030)
Chapter 10 Global Veterinary Vaccine Market by Animal Type Segmentation Analysis (2018-2030)
Chapter 11 Global Veterinary Vaccine Market Regional Analysis
Chapter 12 North America Veterinary Vaccine Market Outlook (2018 - 2030)
Chapter 13 Europe Veterinary Vaccine Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Veterinary Vaccine Market Outlook (2018 - 2030)
Chapter 15 Latin America Veterinary Vaccine Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Veterinary Vaccine Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more Veterinary Vaccine Market TOC click here: https://www.cognitivemarketresearch.com/veterinary-vaccine-market-report#table_of_contents
Related report
• Animal Vaccines Market - https://www.cognitivemarketresearch.com/animal-vaccines-market-report
• Companion-Animal Vaccines Market - https://www.cognitivemarketresearch.com/companion-animal-vaccines-market-report
• Veterinary Digital Technology market - https://www.cognitivemarketresearch.com/veterinary-digital-technology-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
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Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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