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Poultry Vaccines Market Size, Share, Global Trends, Major Key Players and Geographical Forecast Till 2031

09-20-2024 07:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The Poultry Vaccines Market size is projected to grow from US$ 8.39 billion in 2023 to US$ 12.90 billion by 2031; the market is estimated to record a CAGR of 5.7% during 2021-2031.

The rising prevalence of poultry diseases are the key factors and advancements in vectored and combination vaccines propelling the poultry vaccines market development. However, product recall hamper the poultry vaccines market growth. Furthermore, the advancements in vectored and combination vaccines are likely to remain key poultry vaccines market trends during 2021-2031

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Analysis of the Top Market Players:

1. Boehringer Ingelheim International GmbH
2. Zoetis, Inc.
3. Biovac
4. Phibro Animal Health Corp
5. Hester Biosciences Ltd
6. Venky's India Ltd.
7. Dechra Pharmaceuticals Plc
8. Elanco Animal Health Inc
9. Merck KgaA
10. Ceva
11. Nisseiken Co Ltd
12. Vaccinova AB

In this report, the market has been segmented on the basis of:

Type (Broiler and Layer)
Technology (Live Attenuated Vaccines, Inactivated Vaccines, and Recombinant Vaccines)
Dosage Form (Liquid Vaccines, Freeze-Dried Vaccines, and Dust/Powder Form Vaccines)
Disease [Avian Influenza, Avian Salmonellosis, Marek's Disease, Infectious Bronchitis, Infectious Bursal Disease (IBD), Newcastle Disease, and Others]
Route of Administration [Drinking Water (D/W), Intramuscular (I/M), Subcutaneous (I/S), and Others]
End User (Poultry Farms, Veterinary Hospitals, and Poultry Vaccination Centers & Clinics)
Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)

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Rising Prevalence of Poultry Diseases Drives Market Growth

Poultry production results in producing different types of animal proteins through eggs and meat. With rising poultry production, there are high chances of susceptibility to several zoonotic diseases such as "Fowl disease" that might result in huge economic losses, particularly in developing countries. For example, chickens are more prone to bacterial, viral, parasitic, and fungal infections. These viral outbreaks can cause Newcastle disease, avian influenza, infectious bursal disease, and other diseases to wide range of poultry animals.

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