Veterinary and Animal Vaccines Market Drivers, Industry Survey and Business Development Analysis till 2028
24th Mar 2020 - The global Veterinary and Animal Vaccines Market is estimated to witness a staggering CAGR by the year 2023. The burden of a wide array of infectious diseases among livestock continues to be a chief restrain to food security, economical benefits of international trade, and agricultural development. Suitable veterinary medicines are used to strategically control its outburst, enable diagnostic proficiency, and promise vaccine research using innovative technologies with public/private partnerships.
“Several veterinary and animal vaccine manufacturers have altered their prescribing methodologies by in-house pharmacy and availability of generic animal drugs so as to foster cost-effective treatments.”
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The veterinary and animal vaccines market is primarily driven by the growing disposable income of millennial population and increase in pet adoption, which is anticipated to further boost during future prospects. The growing competition in the pet medicine industry is fueling the penetration of animal vaccines.
By product, the veterinary and animal vaccines market segmentation includes aquaculture vaccines, livestock vaccines, poultry vaccines, porcine vaccines, equine vaccines, companion animal vaccines, and other animal vaccines. Market split based on disease comprises Livestock Diseases, Poultry Diseases, Aquaculture Diseases, Companion Animal Disease, and miscellaneous. Based on the latest technologies used, the industry classification can be attributed to Inactivated Vaccines, Subunit Vaccines, Live Attenuated Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines, and Conjugate Vaccines.
Leading players of Veterinary and Animal Vaccines including:
• GE Healthcare
• Bayer Healthcare
• Boehringer Ingelheim
• Ceva Animal Health
• Elanco Animal Health (Eli Lilly)
• Heska Corporation
• Merck Animal Healthcare
• Merial Inc. (SANOFI)
• Virbac
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Veterinary and Animal Vaccines in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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