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Global Veterinary Vaccine Market Size (2022-2030) Share, Industry Trends, Growth, Challenges, and Forecast: Custom Market Insights

03-29-2023 04:34 PM CET | Health & Medicine

Press release from: Custom Market Insights

Veterinary Vaccine Market

Veterinary Vaccine Market

The "Global Veterinary Vaccine Market to 2030" was estimated at nearly USD 9 billion in 2021. As per our study, the market is anticipated to reach a value of USD 15 billion by 2030 showing a CAGR of 5%. Scrutinizing the uncertainties of the COVID-19 pandemic, our research team is constantly tracking and assessing the impact of the pandemic on the Veterinary Vaccine Market. These comprehensive insights are included in our market search report as a key market contributor.

The global Veterinary Vaccine Market research report offers an in-depth analysis of the global market size, which is further segmented into the regional and country-level market size, and segmentation market growth. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations.

Get a sample of the report: https://www.custommarketinsights.com/request-for-free-sample/?reportid=17915

The Veterinary Vaccine Market: Overview

Over the projection period, it is anticipated that the market for veterinary vaccines will grow quickly. One of the most prevalent cattle diseases in the world is anthrax. Anthrax has been globally contained as a consequence of national initiatives, but it remains pervasive, according to a report released by the WHO.

The absence of vaccination against the illness and the inexperience of recent generations of veterinarians in detecting and reporting the condition both contribute to the disease's prevalence. Various livestock illnesses are becoming more common along with this.

In livestock production systems, animal diseases cause a wide range of problems, such as productivity losses, food insecurity, and revenue loss, all of which have a detrimental effect on human health. Thus, as a result of all these factors, veterinary animal vaccinations were introduced to the market.

The Veterinary Vaccine Market: Growth Factors

The main reasons for the widespread acceptance of ruminants, particularly cattle vaccinations, around the world are the rising outbreaks of cattle disease and the continuously growing livestock population. Animals are an essential source of milk, food, meat, protein, and other industrial goods like wool and leather. The three most often used animal vaccinations for equine influenza, foot, and mouth disease, and rabies restrict the spread of infectious pathogens by simulating acquired immunity.

The need for animal vaccines for the livestock population is rising as a result of growing concerns about food security and improved animal husbandry. Global livestock output has increased as a result of rising consumer demand for animal products.

Directly Purchase a Copy of the Report @ https://www.custommarketinsights.com/report/veterinary-vaccine-market/

The demand for animal products is also rising as a result of a number of causes, including population expansion and variations in food choices brought on by changing lifestyles. These elements are contributing to the market's expansion. Additionally, the ongoing development of vaccinations and the spread of cattle diseases have contributed to the changing market dynamics.

The Veterinary Vaccine Market: Key Insights

• As per the analysis shared by our research analyst, the Veterinary Vaccine Market is estimated to grow annually at a CAGR of around 5% over the forecast period (2022-2030).
• In terms of revenue, the veterinary Vaccine Market size was valued at around USD 9 billion in 2021 and is projected to reach USD 15 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
• Based on vaccine segmentation, the livestock vaccines segment was estimated to show maximum market share in the year 2021.
• Based on technology segmentation, the live attenuated vaccines segment was the leading revenue-generating category in 2021.
• On the basis of geography, the North American region was the leading revenue generator in 2021.

Press Release For Veterinary Vaccine Market: https://www.custommarketinsights.com/press-releases/veterinary-vaccine-market/

The Veterinary Vaccine Market: Regional Landscape

The largest market share is held by North America. The Animal and Plant Health Inspection Service's Center for Veterinary Biologics (CVB) oversees the regulation of veterinary vaccinations in the United States (APHIS). Animal health companies are granted establishment and product licenses by the CVB in order to produce and market veterinary biologics.

The creation of non-replicating recombinant antigen vaccines, live vector vaccines, nucleic acid-mediated vaccines, as well as live-gene-deleted vaccinations are examples of developments in vaccine development in the United States. For instance, in January 2020, Zoetis, a renowned animal health business, added PoulvacProcerta HVT-ND, a vectored recombinant vaccine for defense against Newcastle and Marek's disease viruses, to their chicken vaccine line-up.

The Veterinary Vaccine Market: Prominent Players

MERCK
Boehringer Ingelheim International GmbH
Virbac
Zoetis Services LLC
Vetoquinol
Elanco
Ceva
Biovac
NEOGEN Corporation
ImmuCell Corporation

Enquire for Customization in Report @ https://www.custommarketinsights.com/request-for-customization/?reportid=17915

The Veterinary Vaccine Market: Segments

By Vaccine

• Livestock Vaccine

Porcine Vaccines
Poultry Vaccines
Bovine Vaccines
Other Livestock Vaccines

• Companion Animal Vaccine

Canine Vaccines
Equine Vaccines
Feline Vaccines

By Technology

Inactivated Vaccines
Live Attenuated Vaccines
Recombinant Vaccines
Toxoid Vaccines
Other Technologies

The Veterinary Vaccine Market: Regions

North America

The U.S.
Canada
Mexico

Europe

France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

Check Out Some of Our Other Reports:

Global Animal Healthcare Market: https://www.custommarketinsights.com/report/animal-healthcare-market/
Global Veterinary Orthopedic Implants Market: https://www.custommarketinsights.com/report/veterinary-orthopedic-implants-market/
Global Foot Orthotic Insoles Market: https://www.custommarketinsights.com/report/foot-orthotic-insoles-market/
Global Prescription Lens Market: https://www.custommarketinsights.com/report/prescription-lens-market/
Global Respiratory Diagnostics Market: https://www.custommarketinsights.com/report/respiratory-diagnostics-market/

CMI Consulting LLC
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Sales & Support +1 801 639 9061

Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.

Custom Market Insights provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey.

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