Press release
Dog Vaccines Market: A Forecast for Strong Growth Driven by Rising Pet Adoption Rate and Increasing Health Consciousness
What Is The Projected Market Size Of The Global Dog Vaccines Market And Its Growth Rate?
• The market was valued at $3.61 billion in 2024 and is expected to grow to $3.81 billion in 2025, with a CAGR of 5.5%.
• The growth can primarily be attributed to innovative vaccination protocols, the rising incidence of zoonotic diseases, and growth in vaccine development and research.
• By 2029, the market is projected to reach $5.08 billion, with a CAGR of 7.5%, driven by factors such as increasing pet adoption rates, growing health consciousness among pet owners, and rising government mandates.
What Is Driving The Growth In The Dog Vaccines Market?
The primary driver of growth in the dog vaccines market is the surge in pet dog adoption. According to the 2021-2022 National Pet Owners Survey by the American Pet Products Association, 70% of US households own a pet, equating to 90.5 million homes. Out of this, 69 million U.S. households owned a dog as a pet, the highest compared to other pet types. Given that vaccines are a key part of ensuring the health and longevity of dogs, the rise in pet dog adoption is driving market growth.
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Who Are the Key Players Driving Dog Vaccines Market Growth?
• Vetoquinol S.A.
• Boehringer Ingelheim GmbH
• Ceva Sante Animale
• Heska Corporation
• Merck & Co. Inc.
• Virbac Animal Health Pvt. Ltd.
• Elanco Animal Health Incorporated
• Zoetis Inc.
• CZ Vaccines
• Indian Immunologicals Ltd.
What Are The Key Trends In The Dog Vaccines Market?
• Increased usage of pet insurance and healthcare plans
• Enhanced availability and accessibility
• Customized vaccination protocols
• Changing disease patterns
• Development of novel vaccines
What Are The Segments Of The Global Dog Vaccines Market?
• By Type: Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines
• By Route Of Administration: Subcutaneous, Intramuscular, Intranasal
• By Application: Below 6 Months, Above 6 Months
Which Region Leads The Dog Vaccines Market?
Asia-Pacific was the largest region in the dog vaccines market in 2024 with thriving pet ownership and increasing awareness about pet health significantly contributing to the market's growth in this region.
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What Is Covered In The Dog Vaccines Market Global Market Report?
- Market Size Analysis: Analyze the Dog Vaccines Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Dog Vaccines Market for effective categorization.
- Key Player Focus: 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 Dog Vaccines Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Dog Vaccines Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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