Top Trends Transforming the Veterinary Vaccines Market Landscape in 2025: Strategic Collaborations And Partnerships Driving Innovation In The Veterinary Vaccines Market

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What Will the Veterinary Vaccines Industry Market Size Be by 2025?
The market size for veterinary vaccines has seen substantial growth in the past years. The projection is that it will rise from $11.89 billion in 2024 to $12.54 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. The previous growth period's increase can be credited to expansion in emerging markets, a surge in pet expenditure, a rise in the prevalence of diseases, an escalation in the outbreak of poultry diseases, and an upward trend in the incidence of zoonotic diseases.

What's the Long-Term Growth Forecast for the Veterinary Vaccines Market Size Through 2029?
Strong expansion is anticipated for the veterinary vaccines market in the following years, with projections showing a rise to $15.81 billion by 2029, representing a compound annual growth rate (CAGR) of 6.0%. Factors contributing to growth during this forecast period comprise economic progression, enhanced pet insurance immersion, increased pet adoption, development in governmental initiatives, and a rising consciousness of animal health. Key trends predicted for this period encompass investment in nanoparticle development, escalation in the production of subunit and virus-like particle-based vaccines, generation of vaccines targeting parvovirus, distemper, and adenovirus to cater to the essential and routine vaccination schedules of pet owners, amplified funding in technical advancements, growing expenditure on toxoid vaccines, a concentration on augmenting investment in mRNA vaccines, and the development of strategic collaborations and partnerships.

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What Are the Key Growth Drivers Fueling the Veterinary Vaccines Market Expansion?
The escalating trend in the number of animals afflicted with various illnesses is boosting the demand for vaccines. These vaccines are aimed at averting and addressing such diseases, hence propelling the veterinary vaccines market forward. A report released by the Animal and Plant Health Agency revealed that 3289 new cases of TB herd incidents were discovered in England. Bovine tuberculosis, a chronic illness that primarily impacts cattle and other mammals, induces symptoms of general sickness, cough, and ultimately, fatality. Despite this, the disease can be combated with particular antibiotics that eradicate TB bacteria. The likeliness that such diseases in animals are on the rise is projected to potentially stimulate the veterinary vaccines market during the estimated period.

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What Are the Key Trends Driving Veterinary Vaccines Market Growth?
Firms within the veterinary vaccine industry are progressively forming strategic alliances and partnerships to expand into new territories and share in research and development initiatives. For example, in February 2022, a pharmaceutical firm based in the US, Merck Animal Health, established a four-year strategic partnership with Iowa State University, a research university in the US, to collaborate on innovative animal health solutions. Their partnership aims to encompass research and development, manufacturing, the investigation of new technologies, business growth, and numerous other sectors, all geared toward producing inventive solutions to tackle issues affecting animal health in the US and globally. In a similar move, the American division of Merck & Co, MSD Animal Health, entered into a strategic partnership with Vinovo. This alliance will allow MSD Animal Health to integrate its exclusive broad vaccine product range and Vinovo's vaccine delivery system, enhancing the vaccination process, animal well-being, and minimizing vaccine reactions. Similarly, Wageningen bio veterinary research formed a strategic alliance with Switzerland-based Ceva, aiming to enhance their research on the worldwide danger of emerging and reemerging animal diseases.

How Is the Veterinary Vaccines Market Segmented?
The veterinary vaccines market covered in this report is segmented -

1) By Application: Livestock Vaccines, Companion Animal Vaccines
2) By Vaccine Type: Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, Recombinant Vaccines, Other Vaccine Types
3) By Disease Type: Anaplasmosis, Canine Parvovirus, Foot And Mouth Disease, Newcastle Disease, Distemper Disease, Influenza, Porcine Reproductive And Respiratory Syndrome (PRRS)

Subsegments:
1) By Livestock Vaccines: Bovine Vaccines, Poultry Vaccines, Porcine Vaccines, Small Ruminant Vaccines (Sheep and Goats), Aquaculture Vaccines
2) By Companion Animal Vaccines: Canine Vaccines, Feline Vaccines, Equine Vaccines

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Which Companies Are Leading the Charge in Veterinary Vaccines Market Innovation?
Major companies operating in the veterinary vaccines market include Zoetis Inc., Boehringer Ingelheim GmbH, Merck & Co. Inc., Elanco Animal Health Incorporated, Ceva Santé Animale., Virbac Group, HIPRA, Biogenesis Bago, Kyoritsu Seiyaku Corporation, Phibro Animal Health Corporation, Century Vaccines Limited, Bayer Animal Health, Cadila Vaccines Ltd., Cargill India Pvt. Ltd., China Animal Healthcare Ltd., Jurox Pty Ltd, Nimrod Veterinary Products Ltd., Bimeda, Animalcare, MSD Animal Health, Interfeed, Biotex Plus Ltd., Belfarmacom, IDT Biologika, UCBVET, Lemavet, Syntec, Sauvet, Vetanco, Chemo Argentina, Brouwer, Agrovet Market Animal Health, DBK Pharma S.A.E.

Which Regions Are Leading the Global Veterinary Vaccines Market in Revenue?
North America was the largest region in the veterinary vaccines market in 2024. Asia-Pacific was the second-largest region in the global veterinary vaccines market analysis. The regions covered in the veterinary vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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