Veterinary/Animal Vaccines Market Information: By Type (Livestock Vaccines, Porcine Vaccines), Technology (Live Attenuated Vaccines, Inactivated Vaccines), and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa)—Global Forecast till 2025
Overview:
Be it as a means for food or as pets, animals have an age-old relationship with human beings. That is why the well-being of these animals become all the more necessary. Hence, veterinary vaccines are gaining traction across the Middle East & Africa (MEA). Veterinary vaccines ensure improved health and increased production of the livestock and reduce cost substantially. At the same time, it prohibits the transmission of diseases to other animals or human beings. Climate is playing a crucial role in triggering growth in number of the cases registered with animals getting affected by diseases. The second factor constantly influencing the market is the increase in spending on companion animals. This makes the owners seek assistance to apply veterinary vaccines to their animals to ensure their healthy life as well as of people around the animal. The region has a huge number of unvaccinated livestock which is becoming a concern as the dairy and meat sectors are also burgeoning. Hygiene has always been a problem with this region, and this can result in animals getting affected by diseases. And factors can have a knock-down effect on the MEA veterinary vaccines market and aid it to inflate with CAGR 7.1% during the forecast period (2013-2022) to reach USD 550.84 million, asserts Market Research Future (MRFR) in a detailed study.
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However, research and development in this sector can incur high investment which considering the end price of products may not seem beneficial. This can give the veterinary vaccines market an unwanted jolt. The market is also getting steep competition from its Chinese counterparts, and the animal industry is fairing poorly as Europe is gaining the upper hand in the region.
Segmentation:
The MEA market for veterinary vaccines can be segmented by technology, disease indication, composition, and animal type.
Technology-wise, the market can be segmented into attenuated, inactivated, toxoid, conjugate, subunit and recombinant DNA. Growing number of farms and animals as companions have given rise to attenuated segment which is currently dominating the market and the situation is expected to remain so in the foreseeable future.
Based on disease indication, the market includes foot & mouth disease, parvovirus, distemper, reproductive & respiratory syndrome and others.
Composition-based segmentation comprises mono vaccine and combination vaccines.
Based on animal type, the market consists poultry, bovine, porcine, companion and other. Poultry segment is accounted for the maximum market share followed by porcine. Meanwhile, companion section is witnessing significant market growth owing to the trend of adoption of pets.
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Regional Analysis:
The MEA market for veterinary vaccines can be segmented into the UAE, Egypt, Saudi Arabia, Kuwait, Qatar, and Oman.
The UAE has the largest market for veterinary vaccines. The region has a well-formed healthcare setup that looks into the issue, and people with disposable income are also fond of pets which give the market considerable leverage in exploring significant possibilities.
Egypt is currently holding the second position. The local market here is driven by growing demand for meat and dairy product and to safeguard the source of such food and beverage, vaccines are necessary. Weather in the African continent is harsh but is ideal for diseases which spreads quite rapidly. Animals and human beings living in close proximity also increase chances of infection transmission which has to be taken into consideration for a better lifestyle.
Market Competition:
The market is getting some recognition from the concerned authorities as it can benefit from the associated industries significantly. Presence of several foreign companies in the region is also proving vital for the market.
Some of the key players in this market are Zoetis Inc., Boehringer Ingelheim GmbH, Merck Animal Health, MSD Animal Health, Elanco Animal Health, Bayer AG, Indian Immunologicals Limited, and others.
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Data Bridge Market Research has recently added a concise research on the Veterinary/Animal Vaccines Market to depict valuable insights related to significant market trends driving the industry.
Some are the key & emerging players that are part of coverage and have being profiled are Virbac, Ceva, Hester Biosciences Limited, Elanco, HIPRA, CHINA ANIMAL HUSBANDRY GROUP, Phibro Animal Health Corporation, Intervet Inc., Vetoquinol, Biogénesis Bagó, Boehringer Ingelheim International GmbH, jinyu Group, Ringpu, Zoetis, Pfizer Inc., Mars Global veterinary/animal vaccines market is registering a substantial CAGR of 6.38% in the forecast period of 2019-2026.
The report contains data from the base year of 2018 and the historic year of 2017.Grab Sample Report + All Related Tables & Charts of Global Veterinary/Animal Vaccines Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-veterinaryanimal-vaccines-marketMarket Definition: Global Veterinary/Animal Vaccines MarketA veterinary/animal vaccine avoids transmission of diseases from animals to humans and it also improves animal health.
It is one of the most targeted segments by the veterinary drug manufacturers as it improves livestock production in a cost-effective manner.
These vaccines are administered through the skin or muscle of the animals Veterinary/Animal Vaccines Market Scope and Market SizeGlobal Veterinary/Animal Vaccines Market By Type (Porcine Vaccines, Poultry Vaccines, Livestock Vaccines, Companion Animal Vaccines, Aquaculture Vaccines, Other Animal Vaccines)Disease (Porcine, Poultry, Livestock, Companion Animals, Aquaculture)Technology (Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, Recombinant Vaccines, Other Vaccines) Route of Administration (Oral, Parenteral, Topical) Top Manufacturers Profiles Operating in the Veterinary/Animal Vaccines Market: Few of the major market competitors currently working in the global veterinary/animal vaccines market are Virbac, Ceva, Hester Biosciences Limited, Elanco, HIPRA, CHINA ANIMAL HUSBANDRY GROUP, Phibro Animal Health Corporation, Intervet Inc., Vetoquinol, Biogénesis Bagó, Boehringer Ingelheim International GmbH, jinyu Group, Ringpu, Zoetis, Pfizer Inc., Mars, Incorporated, Eli Lilly and Company, Cargill Incorporated, Takeda Pharmaceutical Company Limited and Indovax among others.
The report includes market shares of veterinary/animal vaccines market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
18 March 2020: Global Veterinary/Animal Vaccines Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis.
The Veterinary/Animal Vaccines Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Veterinary/Animal Vaccines Business, Market Share of Product, Application and Regional Scope of Veterinary/Animal Vaccines which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in term s of growth rate and revenue.
The aim of veterinary/animal vaccines is to recover the welfare and health of companion animals, prevent the transmission of diseases from animals to human from wildlife as well as domestic animals, and cost-efficiently rise the production of livestock.
The Veterinary Vaccines Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.
Growing livestock population, rise in breakouts of livestock diseases, increasing zoonotic diseases, increasing initiative by government agencies, and growing number of key players are documented as major factors of Veterinary/Animal Vaccines industry that are estimated to enhance the growth in the years to come.
However, high cost of vaccine and its storage are the factor that may restrain overall market growth in the coming years.
Animal Vaccines Market is expected to reach USD 12861.68 Million by 2024 with a CAGR of 5.9% over the forecast period.Veterinary/Animal Vaccines Market : Growing awareness of animal health, Technological innovations and increasing incidence of zoonotic diseases transmitted through contaminated foodare some key drivers for Global Veterinary/Animal Vaccines Market.Scope of Veterinary/Animal Vaccines Market Reports – Veterinary/Animal vaccines are used for improvement of immunity of animals by sanitizing animal health which avoids transmission of diseases fromboth domestic as well as wildlife animals to humans.Veterinary/Animal vaccines are the most productive product segment of focus for Veterinary/Animal drug manufacturers.The vaccines can be administered intramuscularly i.e., into the muscleor subcutaneously i.e., under the skin to animal.
Also the Veterinary/Animal vaccines improve livestock production in a very cost effective manner.
The final fruitfulconclusion of vaccine research and development is the production of a product that will be available in the market or that will be used in the field to attain desired results.The Veterinary/Animal vaccines have been produced to kill the viral, bacterial, protozoal and multicellular pathogens.
Many diseases such as foot-and-mouth disease and influenza adversely affect livestock across the globe.
An Economic damage due to death of livestock issubstantial as it affects the supply of dairy products, meat and other poultry products.Veterinary/Animal biologics are governed by the U.S. Department of Agriculture (USDA) Center for Veterinary/Animal Biologics.
On the basis of country level, Global Melanoma Drug Market sub divided in to U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.Key Players for Global Veterinary/Animal Vaccines Market Reports – Global Veterinary/Animal Vaccines Market reports cover prominent players like Biogenesis Bago, Boehringer Ingelheim, CevaAnimal Health, Inc., China Animal Husbandry, Hester, Hipra, IDT Biologika, Jinyu Bio-Technology, Merck Animal Health, Phibro Animal Health, Tianjin Ringpu, Vetoquinol, Virbac, Zoetis Inc.(Pfizer), Bayer Healthcare, Merial (Animal Health Division of Sanofi),Virbac, Bimeda Inc.,Eli Lily and Company, Indian Immunologicals Ltd.,Bioniche Animal Health, Brilliant Bio Pharma Ltd., Nisseiken Co., Ltd., C.A.
