Commercial Aquaculture Vaccines Market: Booming at $406 Million and Poised for Further Growth 2022-2024

Commercial Aquaculture Vaccines Market to Record an Exponential CAGR by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Commercial Aquaculture Vaccines Market- by Pathogen Types (Bacteria and Viruses), Fish Species (Salmon, Tilapia, Bream, Labris Bergylta, Cyprinus Carpio, Sea Bass, Trout, and Cyclopterus Lumpur), End-Users (Fish Farming Companies and Aquatic Research Institute), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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Based on InsightAce Analytic's most recent research, the global market for commercial aquaculture vaccines is anticipated to grow at a compound annual growth rate (CAGR) of 7.3% between 2022 and 2030. Aquaculture is the practice of raising aquatic animals in the water, such as fish, shrimp, molluscs, tilapia, and sea bass. Aquaculture is the largest source of income for the food business. Vaccination is a significant component of commercial aquaculture. Vaccination is the most effective strategy to reduce viral and bacterial diseases in aquaculture. Commercial aquaculture vaccinations have arisen as a superior choice.

Antibiotic treatments have raised numerous problems due to adverse effects like bacterial drug resistance, toxicity, and antibiotic residue in aquaculture diets. Vaccines for commercial aquaculture are approved treatments that trigger a defensive immune response in aquatic animals. The industry that produces food the fastest in the world is aquaculture. The growing production of aquatic species has led to a shift in the optimal circumstances for culture, a higher susceptibility to viral and infectious diseases, and a rise in the market for commercial aquaculture vaccines.

The escalating frequency of infections and emerging diseases, leading to significant economic losses, has made the rising incidence of disease profiles among aquatic species more challenging. This tendency is anticipated to fuel the demand for commercial aquaculture vaccinations worldwide. This situation has forced a change in the paradigms for disease control in aquaculture production. The veterinary healthcare industry claims that tropical and subtropical nations demand aquaculture immunizations significantly. An increase in the demand for vaccines is partly caused by resistance to several antibiotics and chemotherapeutic medications.

A recent initiative in the market for commercial aquaculture vaccines is the development and commercialization of a third-generation DNA vaccine against aquatic illnesses. Long-term immune protection is believed to be a solid suit for DNA vaccines. Furthermore, studies have shown that commercial DNA aquaculture immunizations are more stable and safer. Europe is expected to be the main contributor to the commercial aquaculture vaccines market throughout the predicted years.

The region's biggest exporter of salmon is Norway. The primary factors propelling this regional market are the presence of significant enterprises, the growing public concern about the incidence of antibiotic resistance, and the supportive actions taken by the government and corporate sector. The Norwegian Medicines Agency has specific guidelines and recommendations for applications of autogenous vaccines.

Furthermore, it is anticipated that the Asia Pacific Commercial Aquaculture Vaccines market will expand considerably throughout the projected period due to several factors, including growing demand, a flourishing aquaculture industry, supportive government programs, the availability of adequate water resources in many nations, and a shift toward sustainable aquaculture. There are a lot of aquatic species in this area, such as tilapia.

Major market players operating in the Commercial Aquaculture Vaccines market include
(Ridgeway Biologicals Ltd), Ceva Biovac, Zoetis (PHARMAQAS), MARINNOVAC (AQUATRECK ANIMAL HEALTH S.L.), Vaxxinova, HIPRA, AniCon Labor GmbH, Sanphar (ipeve), Barramundi Asia Pte Ltd.(UVAXX Asia), Kennebec River Biosciences, and other Prominent Players.

Recent collaborations and agreements in the market:

• In December 2020, Elanco gained approval from the European Commission to acquire Bayer Animal Health for US$5.17 billion, making it the second-largest animal health company in the world. The company's innovation, portfolio, and product strategy are anticipated to be strengthened and expedited by the combined business.

• In August 2020, Acquiring IdentiGEN was Merck. The company's line of livestock and aquaculture goods was expanded.

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Market Segments
Global Commercial Aquaculture Vaccines Market, by Pathogen Types, 2022-2030 (Value US$ Mn)
• Bacteria
• Virus

Global Commercial Aquaculture Vaccines Market, by Fish Species, 2022-2030 (Value US$ Mn)
• Salmon
• Tilapia
• Bream
• Labris Bergylta
• Cyprinus Carpio
• Sea Bass
• Trout
• Cyclopterus Lumpus

Global Commercial Aquaculture Vaccines Market, by End-Users, 2022-2030 (Value US$ Mn)
• Fish Farming Companies
• Aquatic Research Institute

Global Commercial Aquaculture Vaccines Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Commercial Aquaculture Vaccines Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Commercial Aquaculture Vaccines Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Commercial Aquaculture Vaccines Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Commercial Aquaculture Vaccines Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Commercial Aquaculture Vaccines Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Commercial Aquaculture Vaccines market
 To receive an industry overview and future trends of the Commercial Aquaculture Vaccines market
 To analyze the Commercial Aquaculture Vaccines market drivers and

challenges
 To get information on the Commercial Aquaculture Vaccines market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Commercial Aquaculture Vaccines market industry

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