Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The global Veterinary/Animal Vaccinesmarket was valued at USD 6.04 billion in 2016 and is projected to reach USD 10.06billionby 2025, growing at a CAGR of 5.83% from 2017 to 2025.
In veterinary medicine, vaccination has proven to be a boon for animal health. Diseases such as canine parvovirus and canine distemper, feline leukemia, or equine tetanus, have been reduced and attempts are being made to expand the scope. The market under such circumstances is expected to grow during the forecast period.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing cases of livestock disease outbreaks
1.2 High Prevalence of Infectious diseases
1.3 Increase in usage of companion organisms
1.4 Increasing support from public and private sector
1.5 Technological Advancements in vaccine development
2. Market Restraints
2.1 High Cost of storage
Market Segmentation:
1. By Technology:
1.1 Live Attenuated Vaccines
1.2 Inactivated Vaccines
1.3 Toxoid Vaccines
1.4 Recombinant Vaccines
1.5 Other Vaccines
2. By Type:
2.1 Porcine Vaccines
2.2 Poultry Vaccines
2.3 Livestock Vaccines
2.3.1 Bovine
2.3.2 Small Ruminant
2.4 Companion animals vaccines
2.4.1 Canine
2.4.2 Feline
2.5 Aquaculture vaccines
2.6 Others
3. By Disease:
3.1 Porcine
3.2 Poultry
3.3 Livestock
3.3.1 Bovine
3.3.2 Small Ruminant
3.4 Companion animals
3.4.1 Canine
3.4.2 Feline
3.5 Aquaculture
3.6 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Zoetis
2. Merck Animal Health
3. BoehringerIngelheim
4. Elanco
5. Ceva
6. Virbac
7. Vetoquinol
8. Phibro Animal Health
9. Hester
10. Hipra
11. IdtBiologika
12. Biogenesis Bago
13. Tianjin Ringpu
14. China Animal Husbandry
15. Jinyu Bio-Technology
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Veterinary/Animal Vaccinesmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
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