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Swine Vaccines Market 2024-2033: Production Analysis, Segmentation, Key Drivers And Top Players |Merck & Co Inc., Boehringer Ingelheim Animal Health USA Inc., Elanco Animal Health Inc., Biogenesis Bago SA, Phibro Animal Health Corporation.

01-29-2024 07:04 AM CET | Health & Medicine

Press release from: The Business research company

Swine Vaccines Market

Swine Vaccines Market

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Swine Vaccines Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The swine vaccines market size has grown strongly in recent years. It will grow from $2.01 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to disease outbreaks, economic losses, government regulations, increased swine production.

The swine vaccines market size is expected to see strong growth in the next few years. It will grow to $3.17 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to emerging diseases and viral strains, globalization of swine industry, climate and environmental changes, biosecurity measures, market competition. Major trends in the forecast period include veterinary advancements, evolving disease patterns, global demand for protein, technological advancements, preventive healthcare focus..

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Key Market Players:
Major companies operating in the swine vaccines market report are Merck & Co Inc., Boehringer Ingelheim Animal Health USA Inc., Elanco Animal Health Inc., Biogenesis Bago SA, Phibro Animal Health Corporation, KM Biologics Co. Ltd., Hipra Laboratories SA, Ceva Santé Animale SA, Zoetis Inc., Jinyu Bio-Technology Co. Ltd., China Animal Husbandry Industry Co. Ltd., Virbac SA, Harbin Veterinary Research Institute, Bioveta AS, Bimeda Holdings plc, Biovac Ltd., Heska Corporation, Hester Biosciences Limited, Hygieia Biological Laboratories, Inovio Pharmaceuticals Inc., Intervet Inc., Komipharm International Co. Ltd., Kyoritsu Seiyaku Corporation, Laboratorios Hipra SA, Lohmann Animal Health International, Nexvet Biopharma plc, Norbrook Laboratories Limited, Ouro Fino Saúde Animal SA, Prondil SA, Vaxxinova International BV, Vetoquinol SA, Veyx Pharma GmbH, Tianjin Ringpu Bio-Technology Co. Ltd.

Market Drivers:
The rising prevalence of diseases in swine is expected to propel the swine vaccine market. Swine disease is any divergence from an organism's normal structural or functional condition accompanied by a few signs and symptoms of diseases such as pseudorabies, influenza. The demand for swine vaccines is increasing due to the rising prevalence of diseases in swine and the need to protect pigs from infectious diseases. For instance, in August 2022, according to the report by the World Organization for Animal Health (WAHIS), a global database of animal health, more than 1,125,000 pigs and 36,000 wild boars have been affected by African Swine Fever (ASF) since January 2020 (data reported through INs and FURs), resulting in more than 1,960,000 animal losses. Therefore, the rising prevalence of diseases in swine is expected to drive the growth of the market.

Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/swine-vaccines-global-market-report

The swine vaccines market covered in this report is segmented -
1) By Product: Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA (Deoxyribonucleic Acid) Vaccines, Recombinant Vaccines
2) By Disease: Viral Infections, Bacterial Infections, Parasitic Infection, Fungal Infections, Other Diseases
3) By Distribution Channel: Veterinary Hospitals, Veterinary Pharmacies, Online Pharmacies
4) By Application: Government Tender, Market Sales

The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?

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