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In-Depth Analysis of the Veterinary Biologics Market Share: Growth Opportunities, Key Trends, and Forecast 2025-2034
Veterinary Biologics Market Share
The surge in occurrences of diseases amongst animals is likely to fuel the expansion of the veterinary biologics market. Animal illnesses or health disorders that affect diverse species are what we refer to as animal diseases. A rise in these diseases necessitates a more effective diagnostic and treatment approach, ascertainable through veterinary biologics, employing immunological strategies against animal diseases. For instance, data from the European Center for Disease Prevention and Control, a Swedish health establishment of the European Union, highlighted in October 2022 that there were 2,467 incidents of avian influenza among poultry, impacting 48 million birds, and 187 cases were identified in confined birds. In July 2022, per the information from the World Health Organization, a Switzerland-based specialized organization of the United Nations, it was reported that rabies is responsible for the death of 59,000 individuals every year across over 150 countries, with Africa and Asia accounting for 95% of these cases. Therefore, the spike in cases of animal diseases acts as a driver for the growth of the veterinary biologics sector.
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How will the growth rate of the veterinary biologics market shape industry trends by 2034?
In the past few years, there has been a notable expansion in the size of the veterinary biologics market. The projection asserts a growth from $12.67 billion in 2024 to $13.65 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.7%. This growth during the historical period is credited to factors such as outbreaks of animal diseases, both support and standards from regulatory bodies, the necessity for safe food, the globalisation of commerce, and the economic importance of livestock.
The market size for veterinary biologics is predicted to experience significant expansion in the coming years. Estimates indicate it will rise to $18.38 billion in 2029, boasting a compound annual growth rate (CAGR) of 7.7%. Factors contributing to this anticipated growth during the forecast period include the emergence of infectious diseases, alterations in disease patterns brought about by climate change, advancements in precision livestock farming, the One Health approach, and a rise in pet ownership. Key trends during this period will likely encompass educational and training programs, utilization of environmentally-friendly and sustainable biologics, integration of digitized health records, an increase in companion animal biologics, and the development of personalized therapeutic approaches.
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What trends are poised to drive the future success of the veterinary biologics market?
Leading businesses in the veterinary biologics market are directing their attention towards creating innovative biologics like vaccines, with the goal of improving animal health and disease prevention. A vaccine is a unique material that encourages the immune system to detect and confront specific disease-causing agents. It provides a crucial defense against infectious diseases by granting immunity which is acquired. For example, Merck Animal Health, an American international animal health corporation, launched a pioneering autogenous vaccine against avian metapneumovirus (aMPV) type B in August 2024, which obtained the green light from the U.S. Department of Agriculture (USDA) for production and distribution. This vaccine, a result of their partnership with Cambridge Technologies, is designed to tackle the serious respiratory problems in poultry caused by aMPV type B, a situation that has caused considerable monetary damages since the end of 2023. The vaccine is produced in a sophisticated facility in Minnesota and incorporates a formulation of oil and water emulsion to reduce the tissue response after vaccination, fulfilling a crucial need in the market because there were previously no commercially licensed vaccines available.
Which primary segments of the veterinary biologics market are driving growth and industry transformations?
The veterinary biologics market covered in this report is segmented -
1) By Product: Vaccines, Diagnostic Kits, Immunomodulators, Antiserums And Antibodies, Other Products
2) By Disease Type: Bluetongue, Foot And Mouth Disease, Brucellosis And Tuberculosis, Other Diseases
3) By Distribution Channel: Veterinary Hospitals, Veterinary Clinics, Other Distribution Channels
4) By Application: Production Animal, Companion Animal
Subsegments:
1) By Vaccines: Live Attenuated Vaccines, Inactivated Vaccines, Recombinant Vaccines, DNA Vaccines
2) By Diagnostic Kits: Rapid Tests, Elisa Kits, Pcr-Based Diagnostic Kits
3) By Immunomodulators: Cytokines, Adjuvants, Immunostimulants
4) By Antiserums And Antibodies: Monoclonal Antibodies, Polyclonal Antibodies, Hyperimmune Serums
5) By Other Products: Probiotics, Prebiotics, Growth Factors, Toxoids
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Which geographical regions are pioneering growth in the veterinary biologics market?
North America was the largest region in the veterinary biologics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary biologics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the veterinary biologics market landscape?
Major companies operating in the veterinary biologics market include Bayer AG, Eli Lilly & Company, Evonik Industries AG, Zoetis Inc., Merck Animal Health Inc., Boehringer Ingelheim Animal Health Inc., Elanco Animal Health, IDEXX Laboratories Inc., Virbac SA, Phibro Animal Health Corporation, Vetoquinol, Abaxis Inc., Bimeda Biologicals, Ceva Sante Animale S.A., Heska Corporation, Colorado Serum Company, Hester Biosciences Limited, INDICAL Bioscience GmbH, Ambrx Biopharma Inc., Adamis Pharmaceuticals Corporation, Intervet Inc., Hebei Veyong Animal Pharmaceutical Co. Ltd., FidoCure, Biomet Biologics LLC, CytoDyn Veterinary Medicine LLC, KM Biologics
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What Is Covered In The Veterinary Biologics Global Market Report?
• Market Size Forecast: Examine the veterinary biologics market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the veterinary biologics market for a structured understanding.
• Key Players Overview: Analyze major players in the veterinary biologics market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the veterinary biologics market.
• Segment Contributions: Evaluate how different segments drive overall growth in the veterinary biologics market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the veterinary biologics market.
• Industry Challenges: Identify potential risks and obstacles affecting the veterinary biologics market.
• Competitive Landscape: Review strategic developments in the veterinary biologics market, including expansions, agreements, and new product launches.
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