Market Insights

As per recent research by MarkNtel Advisors, The Global Animal Vaccine Market is likely to grow at around 7.4% CAGR during the forecast period, i.e., 2023-28.

Key Driver: The Augmenting Need for Protozoan Parasitic Vaccines

To prevent hazardous disease transmission from animals to people, multiple countries are implementing mass immunization campaigns for animals. As such, the demand for veterinary vaccines is expected to rise due to increased initiatives and investments governments worldwide make to reduce the burden of animal disease and guarantee food security. As a result, protozoan parasitic vaccines are now in high demand in the veterinary healthcare sector, and this trend is projected to continue during the forecast period.

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Market Segmentation and Consumer Behavior:

By Type

  • Porcine Vaccines
  • Aquaculture Vaccines
  • Ruminants Vaccines
  • Companion Animals Vaccines
    • Canine Vaccines
    • Feline Vaccines
  • Poultry Vaccines
  • Livestock Vaccines

By Diseases

  • Porcine Diseases
  • Aquaculture Diseases
  • Ruminants Diseases
  • Companion Animals Diseases
    • Canine Diseases
    • Feline Diseases 
  • Poultry Diseases
  • Livestock Diseases

By Technology

  • Live Attenuated Vaccines
  • Livestock Inactivated Vaccines
  • Toxoid Vaccines
  • Recombinant Vaccines
  • Other  (DNA vaccines)

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Animal Vaccine Market Geographical Analysis:

By Region:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Key Players and Competitive Strategies in the Animal Vaccine Market

Several prominent players dominate the Animal Vaccine Market, including:

  • Elanco
  • Ceva
  • Phibro Animal Health Corporation
  • Neogen Corporation
  • Intas Pharmaceuticals Ltd.
  • Biogénesis Bagó
  • Ourofino Saúde Animal
  • Virbac
  • Zoetis
  • Merc & Co., Inc.
  • Boehringer Ingelheim International GmbH

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Questions Addressed in this Study

1.What factors are driving the Animal Vaccine Market growth?

2.How is the Animal Vaccine Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Animal Vaccine Market?

4.What is the current size of the Animal Vaccine Market, and how is it projected to change in the future?

6.What is the future outlook for the Animal Vaccine Market in terms of technological advancements and market expansion?

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