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Global
Veterinary Vaccines Market: Snapshot
Vaccines is a breakthrough in modern medicine which plays a noteworthy role in controlling viral diseases in both human and animal species. Vaccination is determined as the most feasible and cost effective strategy to control and eradicate the most infectious diseases due to the evident results in the eradication of small pox and reduction in several infectious diseases earlier. According to the Public Library of Science, the people in Africa, Asia, and Latin America regions are more dependent on animal for their livelihoods.
Now-a-days,
ceaseless rise in both human and animal population coupled with environmental
degradation is encouraging the spread of pathogens among species. Live vaccines
are more advantageous and provides long lasting immunity. Increasing
acquisition of modern cell culture technology for parenteral veterinary vaccine
production in the developing Asian countries is also influencing the global
vaccines market size. For this, the global vaccines market was valued $7.5
billion in 2018. Progressive production of veterinary vaccines is owing to the
rise in usage of continuous cell lines as a substrate and acceptance of the
fermentation technology for antigen production. The veterinary vaccine science
contribution towards vaccine research and development is impacting the global
vaccines market size to grow at a notable CAGR of 8.2% during the forecast
period 2019-2025. IndustryARC analysts have projected that live
viral vaccines segment will grow at a CAGR of 9.0% over the aforesaid
forecast period. North America held a dominating share of around 32% in 2018. The IndustryARC report is titled: “Veterinary
Vaccines Market: By Type (Veterinary Viral Vaccines, Veterinary Bacterial
Vaccines, Veterinary Parasite Vaccines, Others); By Type of Disease (Bovine
Vaccines, Feline Vaccines, Canine Vaccines, Poultry Vaccines, Equine Vaccines);
& By Geography (Americas, Europe, APAC, ROW) Forecast(2019-2025).”
Global
Veterinary Vaccines Market Companies: Recent Developments
Boehringer
Ingelheim GmbH, Merck Animal Health, Zoetis Inc., Eli Lilly and Company, Bayer
AG (Bayer Animal Health), Ceva Sante Animale, Virbac, Biovac, Neogen
Corporation, and ImmuCell Corporation are the key players holding
major shares in the global veterinary vaccines market.
o
World Health organisation (WHO[HS2] )
states that recombinant technology is used to develop a third generation of
live veterinary vaccine for oral immunization of wildlife. These vaccines can
be used either parentally or orally as it relies on expression system. Oral
rabies vaccines are broadly used to treat foxes in Europe and for racoons in
the U.S.
o
In 2019, Boehringer Ingelheim GmbH recently announced that the swine vaccine “Ingelvac PRRS MLV” has been produced in a
veterinary vaccine manufacturing plant in the China and it is now
authoritatively supplied to the China market. In 2017 this company attained 3.9
billion euros from its animal health business segment which deals with
preventive healthcare products and services.
o
In 2018, Zoetis Inc. launched a complete
primary Equine vaccine. It comprises of five essential equine disease antigens
namely West Nile, Eastern and Western Equine encephalomyelitis, tetanus and rabies.
Zoetis Inc. announced to establish a research and development centre and a
manufacturing facility to develop and produce quality vaccines for cattle,
pigs, fish, swine and companion animals. Through this it was aimed to provide
healthy livestock production to the people in China.
o
Research and development investments
from the key veterinary vaccine manufacturing companies worldwide are boosting
the growth of the global veterinary vaccines market.
Conclusion:
Growing demand
for pork, fish, beef and milk is attracting the farmers to use veterinary
vaccines which support both the animal health and production. Recombinant
veterinary vaccines are highly attributing the growth of global veterinary vaccines
market.
Talk to one of
our sales representative about the full report by providing your details in the
link below:
https://www.industryarc.com/support.php?id=9591
Related Reports:
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What can you expect
from the report?
The veterinary
vaccines market is prepared with the main agenda to cover the following 20
points:
1. Market Size
by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends
& Relevant Market Data 12. Country level Analysis
3. Manufacturer
Landscape 13. Competitor Analysis
4. Distributor
Landscape 14. Market Shares Analysis
5. Pricing
Analysis 15. Value Chain Analysis
6. Top 10 End
user Analysis 16. Supply Chain Analysis
7. Product
Benchmarking 17. Strategic Analysis
8. Product
Developments 18. Current & Future Market
Landscape Analysis
9. Mergers &
Acquisition Analysis 19. Opportunity Analysis
10. Patent
Analysis 20. Revenue and Volume Analysis
Frequently Asked
Questions:
Q. Does
IndustryARC provide customized reports and charge additionally for limited
customization?
Response:
Yes, we can customize the report by extracting data from our database of
reports and annual subscription databases. We can provide the following free
customization:
1. Increase the
level of data in application or end user industry.
2. Increase the
number of countries in geography chapter.
3. Find out
market shares for other smaller companies or companies which are of interest to
you.
4. Company
profiles can be requested based on your interest.
5. Patent
analysis, pricing, product analysis, product benchmarking, value and supply
chain analysis can be requested for a country or end use segment.
Any other custom
requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting
services.
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