Autogenous Vaccines Market Trends And Segments Forecast To 2028

According to Precision Business Insights (PBI), the latest report, the market value of the autogenous vaccines market size was valued at USD 121.4 million in 2022 and is poised to grow at a CAGR of 5.8% during the forecast period 2022-2028. The primary factors that drive the market are an increase in rare communicable illnesses in companion and livestock animals, increased funding in animal care and veterinary research and development, and an increase in antimicrobial drug resistance.

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Bacterial Strain to Dominate the Autogenous Vaccines Market:
Based on strain type, bacterial strain holds the highest market share. The major factor for the rise of this segment is because it has greater effectiveness as compared to viral strains Staphylococcus, Salmonella, Mycoplasma, and Haemophilus are some of the frequently used bacterial strains to produce autogenous bacterial vaccines. Rising incidence of bacterial infections amongst animals, fondness toward autogenous vaccines as compared to antibiotics, and growing support and funding for international animal disease annihilation can drive the global autogenous vaccines market growth.

Europe Autogenous Vaccines Market:
Europe leads the global autogenous vaccines market growth due to better accessibility of the product throughout the region, and lenient regulatory scenario. Europe leads the global market due to entrenched research infrastructure, increasing funding from public and private sectors, and rising collaborations among global key players have contributed to increasing the sales of autogenous vaccines in this region. Apart from this, the major factor that drives the market in this region is rising awareness concerning animal health among livestock animal breeders and poultry farmers.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Autogenous Vaccines market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share.

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The autogenous vaccines market is segmented based on strain type, end user, and region.
Based on the strain type, the market is segmented into the following:
Bacterial Strain
Virus Strain

Based on the end users, the market is segmented into the following:
Veterinary Clinics
Veterinary Hospitals
Veterinary Research Institutes
Others

Based on the region, the market is segmented into the following:
Europe
Europe
Asia Pacific
Latin America
Middle East & Africa

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Key players' profiles in the Autogenous Vaccines market report are Serum Institute of India Pvt. Ltd. (India), Emergent BioSolutions, Inc. (US), Biological E Limited (India), Merck & Co., Inc. (US), Sanofi SA (France), CSL Limited (Australia), AstraZeneca plc (UK), Bavarian Nordic A/S (Denmark), Mitsubishi Tanabe Pharma Corporation (Japan), Pfizer, Inc. (US), Daiichi Sankyo Company, Limited (Japan), Panacea Biotec, Ltd. (India), Johnson & Johnson (US), GlaxoSmithKline plc (UK), and Bharat Biotech Ltd. (India)

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This release was published on openPR.