Global Veterinary Vaccine Market Growth 2023-2029

Global Veterinary Vaccine Market Growth 2023-2029

Product Code:457498

Published Date: Apr 26,2023

Pages: 124

Region: Global

Category: Pharma & Healthcare

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The global Veterinary Vaccine market size is projected to grow from US$ 10570 million in 2022 to US$ 17200 million in 2029; it is expected to grow at a CAGR of 7.2% from 2023 to 2029.

Global veterinary vaccine key players include Merck, Zoetis, Boehringer Ingelheim, Ceva, and others. The top three producers together account for more than 60% of the market share, with Merck being the largest producer with approximately 25%. Global origins are mainly in North America, Europe, China, India, Latin America, South America, South Korea, Japan, Turkey, Middle East, Southeast Asia, etc. In terms of their products, live attenuated vaccines have the largest market share with a 50% share, followed by inactivated vaccines. In terms of its application, farm animals are the number one target, with a 70% market share.

Vaccines are products designed to trigger protective immune responses and prepare the immune system to fight future infections from disease-causing agents. Vaccines stimulate the immune system’s production of antibodies that identify and destroy disease-causing organisms that enter the body. Vaccines provide immunity against one or several diseases that can lessen the severity or prevent certain diseases altogether. In this report, we study the vaccine used for animals.

LPI (LP Information)' newest research report, the “Veterinary Vaccine Industry Forecast” looks at past sales and reviews total world Veterinary Vaccine sales in 2022, providing a comprehensive analysis by region and market sector of projected Veterinary Vaccine sales for 2023 through 2029. With Veterinary Vaccine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Veterinary Vaccine industry.

This Insight Report provides a comprehensive analysis of the global Veterinary Vaccine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Veterinary Vaccine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Veterinary Vaccine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Veterinary Vaccine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Veterinary Vaccine.

This report presents a comprehensive overview, market shares, and growth opportunities of Veterinary Vaccine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Live Attenuated Vaccines
    Inactivated Vaccines
    Other

Segmentation by application
    Farm Animal
    Companion Animal

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Merck
    Zoetis
    Boehringer Ingelheim
    Ceva
    CAHIC
    HVRI
    Ringpu Biology
    Yebio
    DHN
    WINSUN
    Elanco
    Virbac
    Jinyu Bio-Technology
    ChengDu Tecbond
    CAVAC
    Kyoto Biken Laboratories
    FATRO
    Vaksindo
    Bio-Labs
    Avimex Animal Health
    MEVAC
    Biovac
    Atafen
    Dyntec
    RVSRI
    Medion

Key Questions Addressed in this Report
What is the 10-year outlook for the global Veterinary Vaccine market?
What factors are driving Veterinary Vaccine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Veterinary Vaccine market opportunities vary by end market size?
How does Veterinary Vaccine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?