Veterinary Vaccines Market: Description
The use of drugs play an important role in animal disease control however, vaccination is progressively being viewed as the more sustainable option. The advent of recombinant DNA technology has created new prospects to produce vaccines based on expressed products of cloned genes.
Veterinary vaccines or animal vaccines play a crucial role in the development of animal health, animal welfare, food production and public health. They are cost-effective method to avert animal disease, enhance efficiency of food production, and reduce or prevent transmission of zoonotic & foodborne infections. Communicable disease remains one of the most important constraints for the efficient production of farm livestock worldwide.
Veterinary Vaccines Market: Growth
The market is expected to show robust growth during the forecast period due to surging initiatives by various government agencies, animal associations, and foremost players. However, the global veterinary vaccines market is hindered by high storage costs for vaccines and persistent economic slowdown in certain regions.
The Global veterinary vaccines market has gained sustainable growth owing to increasing livestock population and repeated outbreaks of livestock diseases. The market is further boosted by technological advancements in veterinary vaccines and improving medical infrastructure worldwide.
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Veterinary Vaccines Market: Segmentation
The report analyses the veterinary vaccines market based on vaccine type, technology and geography.
Segmentation based on Type:
Based on vaccine type, the global veterinary vaccines market is segmented into
Porcine vaccines
Poultry vaccines
Livestock vaccines (including bovine vaccines and small ruminant vaccines)
Companion animal vaccines (including canine vaccines and feline vaccines)
Aquaculture vaccines and other animal vaccines.
Segmentation based on Technology:
Based on technology, this market is segmented into
Inactivated vaccines
Toxoid vaccines
Live attenuated vaccines
Subunit and DNA vaccines and conjugated vaccines
Segmentation based on Geography:
By geography, the global veterinary vaccines market is studied across the countries of key regions such as,
North America
Europe
Asia Pacific
Rest of the world
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Veterinary Vaccines Market: Top Key Players
Some of the market players in the global veterinary vaccines include Bayer Healthcare, Biogenesis Bago S.A., Boehringer Ingelheim, Ceva Animal Health, Inc., Elanco, Heska Corporation, HIPRA, IDT Biologika GmbH, Merck Animal Health, Merial Inc., Phibro Animal Health, Virbac Inc. and Zoetis Inc.
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