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Global Veterinary-Animal Vaccines Market 2017: Future Growth is CAGR of 5.5% By 2024
Press release from: Data Bridge Market Research
Global Veterinary/Animal Vaccines Market accounted to USD 6.0 billion in 2016 growing at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Veterinary/Animal Vaccines Market Product (Livestock Vaccines, Companion Animal Vaccines, Porcine Vaccines, Equine Vaccines, Poultry Vaccines, Aquaculture Vaccines, Others), Diseases (Poultry Diseases, Companion Animal Disease, Livestock Diseases, Aquaculture Diseases,Others), Technology (Inactivated Vaccines, Live Attenuated Vaccines, Subunit Vaccines, Toxoid Vaccines, Recombinant Vaccines, DNA Vaccines, Conjugate Vaccines), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Veterinary vaccines help in the improvement of immunity of animals by refining animal health which evades transmission of diseases from animals to humans. Veterinary vaccines are the most productive product segment of focus for veterinary drug manufacturers. The vaccines can be administered intramuscularly (into the muscle)or subcutaneously (under the skin) to animal. The veterinary vaccines improve livestock production in a very cost effective manner.
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Major Market Drivers and Restraints:
• Increase in Prevalence of Zoonotic Diseases
• Introduction of New Range of Vaccines
• Growing Costs for the Storage of Vaccines
• Technological Revolution
• Growing Awareness of Animal Health in Developing Countries
Market Segmentation: Veterinary/Animal Vaccines Market
By product the global veterinary/animal vaccines market is segmented into live stock vaccines, companion animal vaccines, porcine vaccines, equine vaccines, poultry vaccines, aquaculture vaccines, and others.
On the basis of diseases the global veterinary/animal vaccines market is segmented into poultry diseases, companion animal disease,aquaculture diseases, livestock diseases, and others.
By technology the global veterinary/animal vaccines market is segmented into inactivated vaccines, live attenuated vaccines, subunit vaccines, toxoid vaccines, recombinant vaccines, DNA vaccines, and conjugate vaccines.
On the basis of geography, global veterinary/animal vaccines market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Major Market Competitors: Veterinary/Animal Vaccines Market
Some of the major players operating in global veterinary/animal vaccines market are Zoetis (Pfizer), Bioniche Animal Health, Ceva, Brilliant Bio Pharma Ltd., Nisseiken Co., Ltd., C.A. Laboratorios Asociados (CALA), Dollvet, Bayer Healthcare, Elcano Animal Health, Avimex Animal Health, Heska Co., Boehringer Ingelheim, Ringpu (Tianjin) Bio-Pharmacy Co., Ltd., Zhaoqing Dahua Agriculture Bio-Pharm Co., Ltd., Merck Animal Health, Genera Inc., VETERINA Animal Health Ltd., INDOVAX Pvt.Ltd., Merial (Sanofi), and Virbac among others.
Global Companion Animal Vaccines Market – Industry Trends and Forecast to 2024
Global Companion Animal Vaccines Market By Product Type (Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines) By Distribution Channel (Veterinary Clinics, Veterinary Hospitals, Veterinary Research Institutes, Retail Pharmacies and Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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