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Swine Vaccines Market Size, Share, Growth, Trends, Forecast, Industry Analysis, Segmentation | Valuates Reports

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Daniel Boards
Swine Vaccines Market Size, Share, Growth, Trends, Forecast, Industry Analysis, Segmentation | Valuates Reports

Swine Vaccines Market Growth & Trends

The global swine vaccines market size is expected to reach USD 2.09 billion by 2028, registering a CAGR of 4.9% over the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of diseases, a surge in the demand for animal protein, and growth in R&D expenditure for vaccines innovation are driving the market growth. Porcine Parvovirus (PPV), Porcine Reproductive and Respiratory Syndrome (PRRS), Porcine circovirus type 2 (PCV2), Foot & Mouth Disease, Classical Swine Fever, and others remain to be extremely prevalent diseases in pig farms affecting economic losses.

 

The COVID-19 pandemic directly or indirectly impacted the business, results of operations, and financial conditions of market players. The Animal Health business was confronted with various production and supply bottlenecks because of the COVID-19 pandemic; this consists of delays in the delivery of raw materials and active ingredients and capacity constraints in freight transport (especially air and sea freight). While on the other side, the industry has expanded its research at an unprecedented pace in animal health. Thereby, the COVID-19 pandemic significantly impacted the market growth.

Browse full report with Table of Content (PDF with All Related Graph and Chart) @: https://www.grandviewresearch.com/industry-analysis/swine-vaccines-market-report

In addition, the growing investments by key players to develop advanced products for better diagnosis are likely to propel market growth. For instance, in May 2020, Indian Immunologicals Ltd. introduced the Classical Swine Fever vaccine. Stating that it has introduced the product under the brand name ‘Raksha Class’. This is a unique cell culture technology-based vaccine developed in cooperation with the Indian Veterinary Research Institute, Bareilly.

Key players are involved in strategic initiatives, such as joint ventures, mergers, acquisitions, and new product launches to gain a higher market share. For instance, in February 2020, the new vaccine created by ICAR, Indian Veterinary Research Institute (IVRI), based in Uttar Pradesh, was much cheaper than an already existing one. It costs only Rs 2 for each dose over the present vaccine’s rate of Rs 15-20 for each dose and an imported Korean vaccine rate of Rs 30 for each dose.

Swine Vaccines Market Report Highlights

 

·        The inactivated vaccines segment dominated the market in 2020 owing to its easy availability and low cost over others

·        A recombinant vaccine is expected to register the fastest CAGR over the forecast period owing to the benefits, such as enhanced effectiveness, technology advancement, and increased long-standing prevention

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/swine-vaccines-market-report/request/rs1

 

·        The Porcine circovirus type 2 segment dominated the market in 2020 due to the increased prevalence of the disease. Moreover, this is the quickly mutating of all single-stranded DNA (ssDNA) viruses, therefore it has a great mutation and recombination rate

·        Asia Pacific is expected to register the fastest CAGR over the forecast period due to the growing cases of infectious diseases in swine, increasing awareness about animal health, rising demand for animal protein, and rapid urbanization

Swine Vaccines Market Segmentation

 

Grand View Research has segmented the global swine vaccines market on the basis of type, product, and region:

Swine Vaccines Type Outlook (Revenue, USD Million, 2016 - 2028)

·        Swine Influenza

·        Classical Swine Fever

·        Porcine Parvovirus

·        Porcine Circovirus Type 2

·        M.Hyo

·        ActinobacillusPleuropneumonia

·        PRRS

·        Foot & Mouth Disease

·        Pseudorabies

·        PEDV

·        Others

Swine Vaccines Product Outlook (Revenue, USD Million, 2016 - 2028)

·        Attenuated Live Vaccines

·        Inactivated Vaccines

·        Subunit Vaccines

·        DNA Vaccines

·        Recombinant Vaccines

Swine Vaccines Regional Outlook (Revenue, USD Million, 2016 - 2028)

·        North America

o   U.S.

o   Canada

·        Europe

o   U.K.

o   Germany

o   France

o   Italy

o   Spain

·        Asia Pacific

o   Japan

o   China

o   India

·        Latin America

o   Brazil

o   Mexico

o   Argentina

·        Middle East and Africa (MEA)

o   Saudi Arabia

o   South Africa

List of Key Players of Swine Vaccines Market

·        Merck Animal Health

·        Ceva

·        Zoetis

·        Boehringer Ingelheim GmbH

·        Elanco

·        Indian Immunologicals Ltd.

·        BiogénesisBagó

·        Phibro Animal Health

·        KM Biologics

·        HIPRA

Inquire more or share questions if any before the purchase on this report @:

https://www.grandviewresearch.com/inquiry/452341/ibb

About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

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