Global Poultry Vaccines Market Overview 2033 : Forecasted Market Size And Growth Rate | Merck & Co Inc., Boehringer Ingelheim International GmbH, Zoetis Inc

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Poultry Vaccines Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.59 billion In 2028 At A CAGR Of 9.5% :

The poultry vaccines market size has grown strongly in recent years. It will grow from $1.64 billion in 2023 to $1.8 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to epidemic outbreaks, globalization of poultry trade, shifts in consumer demand, environmental concerns, emerging infectious diseases, focus on antibiotic alternatives.

The poultry vaccines market size is expected to see strong growth in the next few years. It will grow to $2.59 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to disease mutation and evolution, global expansion of poultry industry, increasing demand for protein-rich foods, environmental concerns and sustainability, rising focus on animal welfare. Major trends in the forecast period include digitalization in vaccination management, focus on antibiotic alternatives, advanced production efficiency, emerging infectious diseases, environmental concerns.

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Poultry Vaccines Market Major Segments
The poultry vaccines market covered in this report is segmented -

1) By Type: Porcine Vaccines, Poultry Vaccine, Livestock Vaccine, Companion Animal Vaccine, Aquaculture Vaccines, Other Animal Vaccines
2) By Disease Type: Avain Influenza, Infectious Bronchitis
3) By Dosage Form: Liquid Vaccine, Freeze Dried Vaccine, Duct
4) By Technology: Toxoid, Live Attenuated Vaccines, Recombinant Vaccines, Inactivated Vaccines
5) By Application: Broiler, Layer, Breeder

Key Driver - Rising Zoonotic Disease Threats Drive Surging Demand For Poultry Vaccines In Global Markets

The increasing prevalence of zoonotic diseases is expected to propel the growth of the poultry vaccine market going forward. Zoonotic diseases are a group of common diseases caused by pathogenic germs such as viruses, bacteria, parasites, and fungi. The significant changes in land use, and increased urbanization have all been linked to disease onset by increasing human-animal encounters and quickening transmission rates, climate change, urbanization, and the degradation of natural habitats raise the danger of zoonotic illnesses. Due to the surge in the number of zoonotic cases, there is an increase in demand for poultry vaccines. For instance, in July 2022, according to an article published by the World Health Organization, a US-based government agency, there was a 64% rise in the number of zoonotic cases in Africa. Furthermore, zoonotic illnesses are on the increase both internationally and in India. These emerging infectious diseases in humans account for 60% of cases, with 816 zoonotic pathogens out of 1407 human pathogens. Therefore, the increasing prevalence of zoonotic diseases is expected to drive the growth of poultry vaccines.

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Prominent Trend - Advancements In Poultry Vaccine Technology Through A Focus Genotype Evolution

Technological advancements in poultry vaccines are a key trend gaining popularity in the poultry vaccines market. Innovation and technologies have resulted in vaccines becoming the most effective and cost-effective illness prevention measures for poultry animals. Major companies operating in the poultry vaccine market are focused on developing new technological solutions to strengthen their position. For instance, in October 2023, Zoetis Inc. a US-based animal health company launched Circomax. The porcine circovirus type 2 (PCV2) vaccine comes in two genotypes a and b. The goal of the vaccination is to defend against PCV2 risks, such as the three genotypes seen in the UK pig herd, and to offer broader coverage. The only PCV2 vaccination that is licensed to protect against all three genotypes is this one, which has shown protection against PCV2a, PCV2b, and PCV2d. With the introduction of CircoMax, Zoetis is attempting to keep ahead of the PCV2 genotype evolution and offer healthy piglets high levels of efficacy, convenience, and proven safety.

Poultry Vaccines Market Players
Major companies operating in the poultry vaccines market report are Merck & Co Inc., Boehringer Ingelheim International GmbH, Zoetis Inc., Ringpu Biology, MSD Animal Health, Elanco Animal Health Incorporated, Ceva Santé Animale S.A., Phibro Animal Health Corporation, Huvepharma AD, Venkys India Limited, Vetoquinol S.A., Indian Immunologicals Limited, Vaccination Services Pvt Ltd., Indovax Private Limited, Pharmaq AS, Bio-Vet Inc., Hester Biosciences Limited, Intervet Inc., Anicon Labor GmbH, CZ Veterinaria S.A., Bioproperties Pty Ltd, Torigen Pharmaceuticals Inc., Bioveta a.s., Aptimmune Biologics Inc., HIPRA S.A., Biovac (Pty) Ltd., VerovacciNES Inc., Lohmann Animal Health GmbH & Co KG, Nisseiken Co Ltd., Zydus Animal Health Limited, Jinyu Bio-Technology Co Ltd., Kyoto Biken Laboratories Inc., Phage Technology Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the poultry vaccines market in 2023. The regions covered in the poultry vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Poultry Vaccines Market Report Structure
3. Poultry Vaccines Market Trends And Strategies
4. Poultry Vaccines Market - Macro Economic Scenario
5. Poultry Vaccines Market Size And Growth
…..
27. Poultry Vaccines Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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