Veterinary Vaccines Recent Research: Market Size, Trends & Forecasts 2016-2024

Veterinary/Animal vaccines are parenteral products that are used as prophylactic as well as in treatment of various veterinary diseases. Veterinary vaccines play a crucial role in ensuring good health, longevity, and improving overall productivity of pets and livestock, in a cost-effective manner. It also plays an extremely important role in curtailing incidence of transmission of various diseases from animals to humans. Vaccines are broadly classified as inactivated vaccines, toxoid vaccines, live attenuated vaccines, conjugated vaccines, subunit and DNA vaccines. Inactivated vaccines are considered as safe vaccines, though they contain extraneous proteins or adjuvants, which can increase risk for development of acute vaccine reactions. Veterinary vaccines impact animal health and production quality and also help ensure good health of general human population through consumption of various food procured from animals. The continued interaction between animals and health professionals are the major importance for adaption of novel technologies in heath sector by providing animal models of disease.

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The global veterinary vaccines market was valued at US$ 5,688.7 million in 2015 and is expected to witness a moderate CAGR of 5.9% during the forecast period (2016 – 2024).

Movers of The Industry

Key companies covered as a part of this study include Zoetis Inc. Merck Animal Health, Merial Inc. , Boehringer Ingelheim , Bayer Animal Health, Elanco Animal Health, Ceva Animal Health, Heska Corporation, Virbac Inc., and Indian Immunological Ltd.

Market Dynamics:

Rapid increase in population of companion animals and livestock animals globally is one of the major factors expected to favor market growth for veterinary vaccines. Rise in awareness about the vaccination programs are further favoring growth of the global veterinary vaccines market. The market is estimated to witness considerable revenue traction over the forecast period, due to increasing incidence of food-borne zoonotic diseases worldwide. Also, rise in demand for white meat in the North American and European countries is in turn expected to support growth of the veterinary vaccines market in the near future. According to the PoultrySite – Poultry News, Health, Welfare, Diseases, Markets and Economics, in 2013, there was a significant rise in demand for white meat in Italy since a decade, with demand for turkey, chicken and eggs increased by 8.5%, while production of poultry increased by 16%.

Market Taxonomy:

This report segments the global veterinary vaccines market on the basis of technology, animal type and geography. On the basis of product type, the market is categorized into inactivated vaccines, toxoid vaccines, live attenuated vaccines, conjugated vaccines, subunit and DNA vaccines. On the basis of animal type, the market is segmented into companion animal and livestock animal. The companion animal type segment is sub-segmented into equine, canine, and feline. The livestock animal type segment is further sub-segmented into bovine, ovine, porcine, poultry and other animals. For comprehensive understanding of market dynamics, the global veterinary vaccines market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Increasing incidence of veterinary diseases to drive the growth of veterinary vaccines market

According to the 2015 Global Animal Disease Intelligence Report by the Food and Agriculture Organization (FAO), prevalence of foot-and-mouth disease (FMD) was especially high in Morocco, Saudi Arabia, Turkey, Northern, and Southern Africa. Ebola (Zoonotic disease) continued to be prevalent in West Africa. Also, rabies that leads to thousands of human deaths worldwide is prevalent in 150 countries according to the WHO, with highest number of related deaths reported in Asia and Africa. Thus, these regions are amongst the largest target regions for veterinary vaccines market. Incidence rate of rabies has reduce drastically in Latin America and Caribbean regions due to successful implementation dog rabies control programs.

Growing pet adoption and livestock animals to improve the veterinary vaccines market outlook

As per 2016 Pet Secure (a pet rescue organization in Australia) estimates, dog population is highest in the U.S. at 69,929,000. Pet owners in the country spend over US$ 50 billion on maintenance of their pets. However, pet adoption in Asia Pacific and Latin America regions is increasing rapidly according to the Pet Asia Fair in 2016, resulting in increase in demand for vaccines in these regions. China, Russia and Brazil are leading countries in terms of cat and dog population as per the 2016 estimates of Pet Secure. Also, the organization mentions that the population of dogs in Switzerland is shrinking while increasing rapidly in India. These regional trends of pet adoption need to be essentially factored for by the companies to increase share in the global veterinary vaccines market.

To know more about the latest market trends and insights, read the report titled, “Global Veterinary Vaccines Market, By Technology Type (Inactivated Vaccines, Toxoid Vaccines, Live Attenuated Vaccines, Subunit and DNA Vaccines, Conjugated Vaccines), Animal Type (Companion Animal, Livestock Animal), and Geography – Trends, Analysis, and Forecast till 2024“, published by Coherent Market Insights. Click on the link below to access the report –

https://www.coherentmarketinsights.com/market-insight/veterinary-vaccines-market-125

Veterinary Vaccines Market 2018 -2023 Future Demand Analysis, Opportunity and Market overviews

Veterinary Vaccines Market is anticipated to have maximum growth during the years 2018 to 2023 according to the latest research made by WMR. This Veterinary Vaccines Market Intelligence report was prepared to focus on the current trends, a financial overview of the industry and historical data evaluation based on the proficient research insights and complete Veterinary Vaccines market dynamics. Company Profiles are deeply examined on the basis of global market share, size and revenue (USD MN) projection calculated by current Veterinary Vaccines market performance including drivers, trends and challenges. To have a clear understanding this report highlights leading companies, types, applications, and factors affecting positive future prospects.

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Veterinary Vaccines Market Impressive Report Offerings:

1. It provides an advance considering a perspective on different factors driving or restraining Veterinary Vaccines market growth

2. It helps in accepting the important product segments and future

3. It delivers pinpoint analysis of varying competition dynamics and keeps you ahead of Veterinary Vaccines competitors

4. It helps in making cognizant professional decisions by having thorough insights of market and by making an in-depth analysis of Market Segments

5. It helps in regional marketing type analysis, international trade type analysis, and SWOT analysis;

6. It helps to understand Veterinary Vaccines manufacturing cost structure, raw material and suppliers, manufacturing process, industry chain structure;

7. It helps to outlook capacity analysis, sales analysis (company segment), and sales price analysis

8. It provides a historical forecast assessed on the basis of how the Veterinary Vaccines market is predicted to grow

Veterinary Vaccines market is framed with a bunch of Graphical Statistics, Table and Figures, Data Analysis Representation described in detail with the transparent goal to target potential company stakeholders. Featuring Industry Chain Structure strongly gives out the overview of market growth and it becomes easy to project the hurdles and upsurge profit graphs, Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.

Coming to the Competitive landscape this Veterinary Vaccines market report gives out each and every aspect required to measure the existing market performance including technological advancements, business overview, positive and negative factors of market position and challenges faced but the market leaders to rank themselves above all. Quality parameters like Veterinary Vaccines sales reach, regional coverage, production price trends, and manufacturing cost structure are also studied to give out perfect competition outlook

Veterinary Vaccines market will prove as a valuable source of guidance for professional clients like Tier 1, Tier 2, Tier 3 level managers, CEOs, CMOs, as well as the interested individual reader’s across the world. Vendor Landscape provide acts as a key development and focus of above professional with common aim to lead the way of Veterinary Vaccines market Worldwide

Veterinary Vaccines Market Overview:

Later, the report focuses on regions operational coverage across the world mainly sales (K Units), revenue (Million USD), market share and growth rate variable within each region depending upon its capacity. This research also results to measure global Veterinary Vaccines competitors according to specific regions for development and compound growth rate.

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Significant Market Features:

This report features mainly top to bottom approach to target key aspects of Veterinary Vaccines market that includes, Gross Revenue, CAGR, Key Players, Cost Structure, Production Capacity, Sales Analysis, and Future Growth Trends projected on the basis of historical Veterinary Vaccines research.

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Veterinary Vaccines Market Trends, Drivers, Strategies, Segmentation Application, Technology and Market Analysis Research Report to 202

This Veterinary Vaccines report 2024 focus on and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications from and major regions such as Europe, North America, China, Japan, Southeast Asia and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.

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The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing.

Similarly, there will be fluctuation in gross margin. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence.

Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

The worldwide market for Veterinary Vaccines is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.

Market Segment by Regions, regional analysis covers
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, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Table of Contents

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Veterinary Vaccines product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Veterinary Vaccines, with price, sales, revenue and market share of Veterinary Vaccines in 2017 and 2018.
Chapter 3, the Veterinary Vaccines competitive situation, sales, revenue and market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Veterinary Vaccines breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Veterinary Vaccines market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Veterinary Vaccines sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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