Veterinary Vaccines Market Report - Impact on Animal Health & Industry Trends, Growth US$ 236 Million By 2031 | Most Leading Companies - Merck & Co., Inc, Zoetis Services LLC, Boehringer Ingelheim International GmbH, Biogénesis Bagó

The Global Veterinary Vaccines Market reached US$ 124 million in 2023 and is expected to reach US$ 236 million by 2031, growing at a CAGR of 8.4% during the forecast period 2024-2031.

Veterinary Vaccines Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Veterinary Vaccines are biological preparations designed to enhance the immune system of animals, protecting them from various infectious diseases. These vaccines contain antigens, which are usually inactivated or weakened forms of pathogens (such as bacteria, viruses, or toxins), that stimulate the animal's immune system to produce a defense response without causing the disease. Veterinary vaccines are essential in preventing infections in livestock, pets, and other animals, improving animal health, and reducing the spread of zoonotic diseases (diseases that can transfer from animals to humans). They play a critical role in maintaining public health, food security, and animal welfare.

List of the Key Players in the Veterinary Vaccines Market:

Merck & Co., Inc, Zoetis Services LLC, Boehringer Ingelheim International GmbH, Biogénesis Bagó, Elanco, Ceva, HESTER BIOSCIENCES LIMITED, Phibro Animal Health Corporation, Indian Immunologicals Ltd, and CZ Vaccines among others.

Industry Development:

March 2024: Merck Animal Health launched SEQUIVITY with the Microsol Diluvac Forte adjuvant, a prescription vaccine specifically designed for use in gilts and sows.

October 2023: Virbac announced it had signed an agreement to acquire Globion, a leading poultry vaccine specialist based in India. This acquisition strengthens Virbac's position as a leader in the Indian animal health market by expanding its existing poultry portfolio.

July 2023: Medgene introduced its USDA-licensed platform vaccine technology for the cattle industry. This innovative vaccine approach utilizes USDA-approved platform technology guidelines, ensuring safety and adaptability for targeting multiple animal diseases.

Growth Forecast Projected:

The Global Veterinary Vaccines Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Veterinary Vaccines Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Veterinary Vaccines Market:

By Type: Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, Subunit, Recombinant Vaccines, Other Technologies

By Route of Administration: Injection Vaccines, Oral Vaccines, Intranasal/Spray Vaccines

By Distribution Channel: Veterinary Hospitals , Veterinary Clinics, Retail Pharmacies

Regional Analysis for Veterinary Vaccines Market:

The regional analysis of the Veterinary Vaccines Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Veterinary Vaccines market?

➠ Who are the leading manufacturers in the global Veterinary Vaccines industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Veterinary Vaccines industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Veterinary Vaccines market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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