Poultry Healthcare Market Report 2024-2033 | Size, Trends, Outlook

"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 Healthcare 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 $12.55 billion In 2028 At A CAGR Of 10.2% :

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.

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Poultry Healthcare Market Major 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 Driver - 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.

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Prominent Trend - 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

Poultry Healthcare Market Players
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.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the poultry healthcare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the poultry healthcare 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 Healthcare Market Report Structure
3. Poultry Healthcare Market Trends And Strategies
4. Poultry Healthcare Market - Macro Economic Scenario
5. Poultry Healthcare Market Size And Growth
…..
27. Poultry Healthcare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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