Press release
Porcine Epidemic Diarrhea Vaccines Market Poised for 7.64 % Growth, Set to Hit $1.96 Billion by 2029
Which drivers are expected to have the greatest impact on the over the porcine epidemic diarrhea vaccines market's growth?The increasing prevalence of pig farming is expected to fuel the porcine epidemic diarrhea (PED) vaccine market. Pig farming, driven by growing demand for pork products and improvements in farming practices and technology, requires PED vaccines to prevent and manage disease outbreaks. According to the U.S. Department of Agriculture, pork production in the U.S. reached 40.6 billion pounds in 2022, marking a 1% increase from the prior year. This growth in pig farming is consequently driving the PED vaccine market.
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What is the future CAGR of the porcine epidemic diarrhea vaccines market, and how will it impact industry expansion?
The porcine epidemic diarrhea vaccines market has grown strongly in recent years. It will rise from $1.67 billion in 2024 to $1.8 billion in 2025, at a CAGR of 8.0%. This growth is attributed to large-scale vaccination campaigns, expanded immunization programs, the adoption of disposable syringes, efforts to eradicate diarrhea, and initiatives like the Global Alliance for Vaccines and Immunization (GAVI).
The porcine epidemic diarrhea vaccines market is expected to grow to $2.42 billion by 2029, with a CAGR of 7.6%. Growth is attributed to expanded immunization programs, increased vaccine development pipelines, rising pig populations, improved cold chain management, and growing awareness of preventive healthcare. Major trends include innovations in vaccine delivery devices, needle-free solutions, personalized medicine, self-administered vaccines, and stronger animal healthcare infrastructure.
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What are the most significant trends transforming the porcine epidemic diarrhea vaccines market today?
Companies in the porcine epidemic diarrhea vaccines market are focusing on developing new products, like the porcine parvovirus (PPV) vaccine, to strengthen their market position. The PPV vaccine is designed to prevent reproductive failure in pigs caused by the PPV virus, which leads to infertility, stillbirths, and weak piglets. In March 2022, Boehringer Ingelheim, a Germany-based pharmaceutical company, launched the ReproCyc ParvoFLEX PPV vaccine, which offers comprehensive protection against PPV-induced reproductive issues, helping maintain the health and productivity of pig herds.
Which key market segments comprise the porcine epidemic diarrhea vaccines market and drive its revenue growth?
The porcine epidemic diarrhea vaccines market covered in this report is segmented -
1) By Product: Live Vaccines, Killed Vaccines
2) By Application: Piglets, Adults Pigs
3) By End-User: Veterinary Hospitals, Hog Production Farms
Subsegments:
1) By Live Vaccines: Oral Live Vaccines, Injectable Live Vaccines
2) By Killed Vaccines: Inactivated Injectable Vaccines, Inactivated Oral Vaccines
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What regions are at the forefront of porcine epidemic diarrhea vaccines market expansion?
Asia-Pacific was the largest region in the porcine epidemic diarrhea vaccines market in 2024. The regions covered in the porcine epidemic diarrhea vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the porcine epidemic diarrhea vaccines market?
Major companies operating in the porcine epidemic diarrhea vaccines market are Zoetis Inc., Merck Animal Health, Elanco Animal Health, Idexx Laboratories Inc., Bio-Rad Laboratories Inc., Ceva Santé Animale Health Company, Phibro Animal Health Corporation, Benchmark Animal Health Ltd., ID*T Biologika GmbH, Vaxxinova, Qilu Animal Health Products Factory Co. Ltd., Tecnovax, Green Cross Veterinary Products Co. Ltd., Nisseiken Co. Ltd., Komipharm International Co. Ltd., Boehringer Ingelheim Animal Health, MSD Animal Health, Ourofino Saúde Animal, Medgene Labs, Harrisvaccines Inc
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What Is Covered In The Porcine Epidemic Diarrhea Vaccines Global Market Report?
•Market Size Forecast: Examine the porcine epidemic diarrhea vaccines market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the porcine epidemic diarrhea vaccines market for a structured understanding.
•Key Players Overview: Analyze major players in the porcine epidemic diarrhea vaccines market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the porcine epidemic diarrhea vaccines market.
•Segment Contributions: Evaluate how different segments drive overall growth in the porcine epidemic diarrhea vaccines market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the porcine epidemic diarrhea vaccines market.
•Industry Challenges: Identify potential risks and obstacles affecting the porcine epidemic diarrhea vaccines market.
•Competitive Landscape: Review strategic developments in the porcine epidemic diarrhea vaccines market, including expansions, agreements, and new product launches.
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