The veterinary vaccines market is anticipated to grow at a CAGR of 9.1% over the forecast period 2022 to 2027.
There are four kinds of Veterinary Vaccine, which are Live Attenuated Vaccines, Inactivated Vaccines, DNA Vaccines, and others; Live attenuated vaccines hold the largest share of the veterinary vaccines market, with a sales market share nearly 54.6% in 2016, the live attenuated vaccines segment is mainly driven by factors such as the increasing prevalence of diseases among porcine and poultry animals as well as the ease of administration and long-term immunity offered by these vaccines.Market competition is intense; Merck, Zoetis, Merial/Sanofi, Boehringer Ingelheim, etc. are the leader of the industry, and hold about 78% revenue market share, with high-end customers. They have formed global market channel of the industry. There are a lot of manufacturers in China, but the production quality is uneven.
When we consider the dependency of humans on animals, it is important that animal vaccines control the transmission of diseases which provides protection to animal and human health. Animals provide several important elements of human life such as food, milk, meat, protein along with commercial products like wool and leather. Some of the most common vaccines include foot & mouth diseases vaccines, equine influenza virus vaccines and rabies vaccines which help in preventing the transmission of infectious agents by creating natural immunity.
This particular market is anticipated to register a steady growth owing to increase in number of pets in developed countries and increasing number of poultry and cattle in developing countries. In addition, rise in investment for research and development of vaccines hinder the growth of antibiotic-resistant organisms boost the growth of animal vaccines market.
10/27/2020: Boehringer Ingelheim partners with Henke-Sass, Wolf to develop innovative needle free injection device for pigs--
Boehringer Ingelheim, a global leader in animal health, partnered with Henke-Sass, Wolf to develop an innovative intramuscular needle free vaccine injection tool for pigs around weaning until the end of nursery. This novel device will be available from December 2020 to swine producers in most countries globally under two different brands FreVAX™ (through Boehringer Ingelheim) and EPIG® (through Henke-Sass, Wolf).
02/27/2020: Zoetis Receives FDA Approval for Simparica Trio™, A New Combination Parasite Preventative for Dogs--
Zoetis today announced that the U.S. Food and Drug Administration (FDA) has approved Simparica TrioTM (sarolaner, moxidectin, and pyrantel chewable tablets), the first once-monthly, chewable tablet in the U.S. that delivers all-in-one protection from heartworm disease, ticks and fleas, roundworms and hookworms. This combination product builds on the trusted legacy of Simparica® (sarolaner) Chewables and exemplifies Zoetis’ dedication to innovation in parasiticides.
Veterinary Vaccine Market is segmented based on the type, applications, companies and regions.
By Type, Veterinary Vaccine Market has been segmented into
By Application, Veterinary Vaccine Market has been segmented into
Application by Companion Animal
Application by Livestock animal
Application by Aquaculture
By Distribution Channel, Veterinary Vaccine Market has been segmented into
The report offers in-depth assessment of the growth and other aspects of the Veterinary Vaccine Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The largest market share belongs to North America. The Center for Veterinary Biologics (CVB) of the Animal and Plant Health Inspection Service regulates veterinary vaccinations in the United States (APHIS). The CVB grants animal health enterprises establishment and product licences to manufacture and sell veterinary biologics. Advances in vaccine development in the United States include the creation of live vector vaccines, non-replicating recombinant antigen vaccines, nucleic acid-mediated vaccinations, and live-gene-deleted vaccines. Vaccination of companion and wildlife animals against zoonotic diseases had a significant influence on reducing zoonotic disease occurrence. The need for veterinary vaccinations is predicted to rise in the region as people become more aware of disease prevention and technological improvements.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 9.1% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Distribution Channel |
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By Companies | Merck, Zoetis, Merial/Sanofi, Boehringer Ingelheim, Ceva, CAHIC, HVRI, Ringpu Biology, Yebio, DHN, WINSUN, Elanco/Eli Lilly, Virbac, Jinyu Bio-Technology, ChengDu Tecbond, CAVAC, Kyoto Biken, FATRO, Vaksindo, Bio-Labs, Avimex Animal, Hester Biosciences Limited, HIPRA |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 130 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Veterinary Vaccine Market?
The Veterinary Vaccine Market is growing at a CAGR of 9.1% over the next 5 years.
Who are the key players in Veterinary Vaccine Market?
Merck, Zoetis, Merial/Sanofi, Boehringer Ingelheim, Ceva, CAHIC, HVRI, Ringpu Biology, Yebio, DHN, WINSUN, Elanco/Eli Lilly, Virbac, Jinyu Bio-Technology, ChengDu Tecbond, CAVAC, Kyoto Biken, FATRO, Vaksindo, Bio-Labs, Avimex Animal, Hester Biosciences Limited, HIPRA
What are the significant types of Veterinary Vaccine Market?
Attenuated Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, Conjugate Vaccines, Recombinant Vaccines, DNA Vaccines, Other
What are the major end-use applications of Veterinary Vaccine Market?
Application by Companion Animal, Application by Livestock animal, Application by Aquaculture
On the basis of type, Which segment is likely to hold the major share in the Veterinary Vaccine Market?
Attenuated Vaccines segment to hold the largest share in Veterinary Vaccine market
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