Press release
Rising Influenza Prevalence To Drive Growth In The Agriflu Market: A Key Factor Shaping the Future of the Agriflu Market in 2025
How Are the key drivers contributing to the expansion of the agriflu market?The surge of influenza incidences is anticipated to boost the agriflu market's progress. Influenza, often known as the flu, is an infectious respiratory illness triggered by influenza viruses. Factors such as increased worldwide tourism, viral mutation into different strains, seasonal shifts, limited population immunity, and inadequate vaccination in certain areas contribute to the heightened prevalence of influenza. Agriflu, intended for poultry immunization, aids in the containment of avian flu, reducing the viral transfer risk amongst birds and onto humans. This acts as a vital element in the management and prevention of possible public health hazards. For example, the Switzerland-based World Health Organization reported about a billion influenza cases per year, with 3-5 million of them being severe, in October 2023. Hence, the surge in influenza cases is a key driver of the agriflu market. Research and development initiatives sponsored by the government are giving the agriflu market a boost. These initiatives are concrete plans, programs, policies or schemes implemented by governments at different levels to address specific issues, targets or positive societal transformations. Various government bodies are activating multiple healthcare-focused initiatives, encompassing agriflu. For example, the UK's Department of Health and Social Care announced a fund worth £260 million (equivalent to US $270.65 million) in 2022 to stimulate healthcare research and manufacturing. This allocation was committed by BEIS and DHSC to fund NHS-led health research for developing diagnostics and treatment byusing new privacy-preserving platforms and clinical research services, and £60 million (equivalent to US $63.60 million) for intensifying life sciences manufacturing in the UK. Therefore, there is an escalation in government-led research and development initiatives within healthcare, which propels the agriflu market.
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What growth opportunities are expected to drive the agriflu market's CAGR through 2034?
The size of the agriflu market has experienced an XX (HCAGR) growth in recent years and it is projected to continue growing from $XX million in 2024 to reach $XX million in 2025, boasting a compound annual growth rate (CAGR) of XX%. The market's historic progression can be linked to an increased consciousness about seasonal flu vaccination, a rising aged population, initiatives towards pandemic preparedness, advancements in egg-based vaccines technology, and worldwide distribution collaborations.
Predictions indicate that the agriflu market size is set to experience a compound annual growth rate (CAGR) of XX% in the forthcoming years, with an estimated value reaching $XX million by 2029. The expansion during the forecast period is believed to be due to the development of universal flu vaccines, the proliferation of immunization programs in developing nations, heightened awareness of influenza risks due to the covid-19 pandemic, advancements in vaccine delivery systems, emphasis on children and at-risk groups, along with public-private collaborations. The forecast period is also expected to witness significant trends, such as technological progress in vaccine development, the emergence of next-generation vaccines, innovations in vaccine formulations, as well as the integration of digital agriculture.
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Which growth-oriented segments of the agriflu market are leading the industry's development?
The agriflumarket covered in this report is segmented -
1) By Clinical Indication: Avian Influenza (Bird Flu); Foot and Mouth Disease (FMD); Classical Swine Fever (CSF); Other Indications
2) By Route Of Administration: Injectable Vaccines; Nasal Spray Vaccines
3) By Distribution Channel: Hospitals And Clinics; Retail And Specialty Pharmacies; Government And Institutional Supply
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What regions are leading the charge in the agriflu market?
North America was the largest region in the agriflu market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agriflu market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the agriflu market?
Major companies operating in the agriflu market include Sanofi Pasteur S.A.
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What Is Covered In The Agriflu Global Market Report?
•Market Size Forecast: Examine the agriflu market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the agriflu market for a structured understanding.
•Key Players Overview: Analyze major players in the agriflu market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the agriflu market.
•Segment Contributions: Evaluate how different segments drive overall growth in the agriflu market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the agriflu market.
•Industry Challenges: Identify potential risks and obstacles affecting the agriflu market.
•Competitive Landscape: Review strategic developments in the agriflu market, including expansions, agreements, and new product launches.
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