Press release
veterinary vaccines market is expected to increase at a CAGR of 6.9% during the forecast period 2016-2026
Demand for veterinary vaccines is witnessing an increase, as focus shifts from cure to prevention among farm- and pet- owners. The global pet humanisation trend is massively influencing demand for veterinary healthy products and services, and vaccines are riding on the coattails of this trend. The global veterinary vaccines market is anticipated to reach US$ 7.24 Bn in 2016, up from US$ 6.82 Bn in 2015.Focus on improving food security and mitigating the spread of contagious diseases will continue to fuel demand for veterinary vaccines. Increase in foodborne and zoonotic diseases has adversely affected animal production in the recent past, owing to which emphasis on maintaining health and well-being of animals has gained prominence.
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-409
On the basis of product type, attenuated live vaccines will continue to hold the leading revenue share, closely followed by inactivated vaccines. These two product segments accounted for nearly 47% revenue share of the market in 2015, and are expected to dominate global revenues in 2016 as well.
By disease type, foot and mouth disease and anaplasmosis are the two largest segments, collectively accounting for over US$ 2.1 Bn in revenues in 2015. Canine parvovirus is another key disease type, contributing significant revenues to the global market.
Veterinary clinics remain the most prominent distribution channel for veterinary vaccines, and accounted for nearly 40% revenue share of the market in 2015. Veterinary clinics sold US$ 2.74 Bn worth of veterinary vaccines in 2015, and this figure is expected to reach US$ 2.91 Bn in 2016.
By animal type, livestock animals accounted for bulk of the demand for veterinary vaccines in 2015, and the status quo is anticipated to remain unchanged in the future as well. Companion animals are further segmented into canine, avian, and feline, of which, canine segment accounted for the bulk of the revenues in 2015.
North America and Western Europe are the two largest markets for veterinary vaccines, collectively accounting for over 57% revenue share of the market in 2015. The market in North America is dominated by the U.S., which accounted for US$ 1.58 Bn in revenues in 2015. The Canada veterinary vaccines market is expected to surpass US$ 500 Mn in revenues in 2016. Outside of North America, Western Europe and Asia Pacific excluding Japan (APEJ) are the leading markets for veterinary vaccines.
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-409
Key players in the global veterinary vaccines market include Merial, Zoetis, Elanco, Merck & Co. Inc, Boehringer Ingelheim GmbH (BIVI), Bayer Pharma AG, Ceva, Virbac, Diamond Animal Healthcare (Heska) and Indian Immunological Ltd.
Long-term Outlook: The global veterinary vaccines market is expected to increase at a CAGR of 6.9% during the forecast period 2016-2026.
About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release veterinary vaccines market is expected to increase at a CAGR of 6.9% during the forecast period 2016-2026 here
News-ID: 434332 • Views: …
More Releases from Future Market Insights
European Nonwoven Air Conditioning Filter Market Outlook 2025-2035: Key Developm …
The global Nonwoven Air Conditioning Filter Market is set for a decade of robust expansion, rising from USD 1.1 billion in 2025 to USD 2.0 billion by 2035, according to new data-driven industry analysis. Registering a stable CAGR of 6.0%, the market's long-term outlook remains strong as clean-air technologies, regulatory standards, and health-focused infrastructure upgrades shape the future of HVAC filtration across developed and emerging economies.
Growing emphasis on indoor air…
European Scouring Pads Market Outlook 2025-2035: Key Developments and Future Sco …
The global Scouring Pads Market is positioned for robust expansion over the next decade, supported by rising hygiene awareness across households, commercial kitchens, and industrial cleaning environments. Valued at USD 5.0 billion in 2025, the market is forecast to reach USD 8.3 billion by 2035, advancing at a CAGR of 5.2%. Growth strengthens significantly in the latter half of the forecast period, with 73% of total expansion occurring between 2030…
European Reinforced Nonwoven Plastics Market Outlook 2025-2035: Key Developments …
The global Reinforced Nonwoven Plastics Market is entering a pivotal growth cycle, with new data indicating a strong expansion trajectory across major regions-APAC, Europe, the USA, and Saudi Arabia. Driven by rising demand in automotive, construction, filtration, hygiene, and packaging applications, the market is projected to reach USD 6.8 billion by 2035, advancing at a healthy CAGR supported by technological innovation, sustainability mandates, and increasing industrial infrastructure investments.
The sector, which…
European Nonwoven Sponges Market Outlook 2025-2035: Key Developments and Future …
The global Nonwoven Sponges Market is entering a decade of robust and sustained expansion, driven by rising healthcare demand, strict infection control standards, and rapid adoption across clinical, personal care, and industrial cleaning applications. The market is valued at USD 750 million in 2025 and is projected to reach USD 1.318 billion by 2035, registering a healthy CAGR of 5.8% over the forecast period.
The growth trajectory is marked by two…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
