Press release
Swine Vaccines Global Market Set to Reach $2.38 Billion by 2025: A Sneak Peek into Market Trends & Drivers
Swine Vaccines Global Market
Riding on the Thoroughbred of Healthcare Advancements & Rising Disease Outbreaks, Swine Vaccines to Witness Strong Growth
What Is The Projected Market Size Of The Swine Vaccines Global Market Report 2025 And Its Growth Rate?
The market performance of swine vaccines is notable and promising.
•The swine vaccines market size has grown from $2.18 billion in 2024 to a projected $2.38 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 8.9%.
•This growth in the historic period can be attributed to disease outbreaks, economic losses, government regulations, and increased swine production.
•Expecting to continue its upward trajectory, the market is predicted to reach $3.44 billion in 2029 with a CAGR of 9.7%.
•This projected growth in the forecast period is set to be driven by emerging diseases and viral strains, globalization of the swine industry, climate and environmental changes, biosecurity measures, and market competition.
What Is Driving The Growth In The Swine Vaccines Global Market Report 2025?
A major factor driving the growth of the swine vaccines market is the rising incidence of diseases in swine. Diseases such as pseudorabies and influenza have been seeing an increasing prevalence in swine populations, resulting in the need for effective vaccines to combat these diseases. These vaccines stimulate the immune system to recognize and respond to specific pathogens, thereby reducing infection rates, mitigating disease severity, and promoting overall herd health. For instance, in 2023, Poland experienced a worrying increase in African Swine Fever (ASF) cases among wild boars. With a total of 2,347 confirmed ASF cases, the disease prevalence exceeded the total from 2022. This scenario underpins the urgent need for effective swine vaccines, driving market growth.
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Who Are the Key Players Driving Swine Vaccines Global Market Report 2025 Growth?
•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.
•Hester Biosciences Limited
•Hygieia Biological Laboratories
•IDT Biologika Gmb*H
•Intervet Inc.
•Komipharm International Co. Ltd.
•Kyoritsu Seiyaku Corporation
•Lohmann Animal Health International
•Norbrook Laboratories Limited
•Ouro Fino Saúde Animal SA
•Prondil SA
•Vaxxinova International BV
•Vetoquinol SA
•Veyx Pharma GmbH
•Tianjin Ringpu Bio-Technology Co. Ltd.
What Are The Key Trends In The Swine Vaccines Global Market Report 2025?
Key trends identified in the market:
•Veterinary advancements
•Evolving disease patterns
•Increased global demand for protein
•Technological advancements
•Preventative healthcare focus
What Are The Segments Of The Global Swine Vaccines Global Market Report 2025?
The detailed segmentation of the swine vaccines market includes:
1)By Product: Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA 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
Which Region Leads The Swine Vaccines Global Market Report 2025?
In 2024, North America was the most dominant region in the swine vaccines market. Looking ahead, Asia-Pacific is expected to be the fastest-growing region for swine vaccines. The regions encompassed in the swine vaccines market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Swine Vaccines Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Swine Vaccines Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Swine Vaccines Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Swine Vaccines Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Swine Vaccines Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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