Poultry Healthcare Market Analysis, Growth Factors, Top Key Companies, Trends, Developments and Forecast 2033

The poultry healthcare market size has grown rapidly in recent years. It will grow from $7.67 billion in 2023 to $8.51 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to disease outbreaks, increasing poultry production, globalization of poultry trade, regulatory compliance.

The poultry healthcare market size is expected to see rapid growth in the next few years. It will grow to $12.55 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to rising global poultry consumption, focus on preventive healthcare, environmental concerns, integration of digital technologies, consumer awareness and demand. Major trends in the forecast period include technological integration, biosecurity measures, customized nutrition programs, global collaboration for disease surveillance, digital health records, market consolidation.

Market Overview -
Poultry healthcare refers to services that provide healthcare solutions for poultry, including eliminating sick birds, timely vaccinations, managing health care resources, and poultry management such as cleanliness, feeding and feed supply, housing, and others. Domesticated birds such as chickens, turkeys, ducks, geese, quails, and others are served by these services.

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Rising Poultry Disease Outbreaks Fuel Growth In The Poultry Healthcare Market
The increasing prevalence of disease outbreaks in poultry animals is expected to propel the growth of the poultry healthcare market. According to the World Organization for Animal Health, in November 2021, various subtypes of high pathogenicity avian influenza have been reported by more than 40 countries over the last six months. Since May 1, 2021, outbreaks of high pathogenicity avian influenza (HPAI) have been confirmed in 41 countries in various regions in poultry and wild birds. Approximately 16,000 cases of HPAI in domestic and wild birds were reported in the month of October. Therefore, the increasing prevalence of disease outbreaks is driving the growth of the poultry healthcare market.

Competitive Landscape -
Major companies operating in the poultry healthcare market report are Ceva Polchem Pvt. Ltd., Zoetis Inc., Venky's Ltd., Phibro Animal Health Corporation, Merck & Co Inc., C. H. Boehringer Sohn AG & Co. KG, Hester Biosciences Limited, Romvac Company S. A., Eli Lilly and Company, Bayer AG, Indovax Pvt. Ltd., Affini Technology Limited, Bimeda Inc., IndexxLaboratories Inc., BioChek B. V., BioinGentech, Bioneer Corporation, MEGACOR Handel mit Medizintechnik u Diagnostika GmbH, Thermo Fisher Scientific Inc., Provet Pharma Private Limited, Anitox Corp., Aviagen Inc., Cobb-Vantress Inc., Hendrix Genetics BV, Hubbard LLC, Hy-Line International, Novogen, Donald McQueen Shaver OC, Lohmann Tierzucht, Romer Labs Pte Ltd.

Poultry Healthcare Leaders Are Introducing Vector Vaccine Portfolio
Major companies in the poultry healthcare market are introducing innovative vaccines, such as the recombinant vector vaccines, to gain a competitive edge in the market. This recombinant vector vaccine is designed to offer robust protection against Marek's disease, infectious bursal disease, and Newcastle disease viruses at an early stage. For instance, in January 2021, Zoetis US, a US-based animal health company, expanded its line of recombinant vector vaccines with the introduction of Poulvac Procerta HVT-IBD. This vaccine is designed to provide early protection against Marek's disease and infectious bursal disease (IBD) in chickens. The Poulvac Procerta HVT-IBD vaccine is part of Zoetis' fast-acting line of vector vaccines, which are valuable tools for protecting against costly viral challenges in the poultry industry

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Key Segments -
The poultry healthcare market covered in this report is segmented -
1) By Product: Vaccines, Parasiticides, Anti Infectives, Medical Feed Addictives
2) By Test: ELISA, PCR, Molecular Diagnostic test, Laboratory Test
3) By Application: Farm, House

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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