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Global Veterinary Vaccines Market: Business Dynamics, By Vaccine Type, By Animal Type | Development
Total Articles: 14
Veterinary Vaccines Market: Introduction
Veterinary vaccines increase immunity among animals by improving their health which further avoids the transmission of various diseases from animals to humans. Veterinary vaccines can be given in many ways such as subcutaneously or intramuscularly to the animals. The primary aim of these veterinary vaccines is to improve the animal production in a cost-effective manner. Rising incidences of various zoonotic diseases will affect the humans, and this has led to the increased interest in various animal vaccines. Recent advancements in the development of vaccines to improve immunity will significantly drive the veterinary vaccines market over the projected period.
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Rapid growth in population preferring companion animals globally is one of the major factors favoring the veterinary vaccines market growth. Increasing awareness regarding the vaccination programs by various regulatory bodies will further drive the global veterinary vaccines market over the projected period. The market is further anticipated to witness a considerable revenue growth over the projected period, owing to increasing incidences of various food-borne zoonotic diseases across the globe. Moreover, significant rise in white meat demand in regions such as North America and Europe will in turn support the growth of veterinary vaccines market in the coming future.
Anthrax is one of the common animal diseases across the globe. According to World Health Organization, although many national programs have improved the control of anthrax, the disease is still prevalent, majorly due to the lack of experience among recent veterinarians, in order to identify and analyze the disease. From January to April 2015, various disease reports from countries in some parts of the Middle East, North and West Africa, and in some parts of Asia included foot-and-mouth disease (FMD) along with H5N1 HPAI outbreaks significantly, attracted various organizations across the globe. This has driven the demand for veterinary vaccines across the globe in that period.
By Vaccine Type
Attenuated live veterinary vaccines is expected to have the largest market share over the projected period. This is one of the oldest vaccination methods used for veterinary sector. This vaccination method is also used as a trial for developing additional applications of animal vaccines.
By Animal Type
Veterinary vaccines market for cattle is predicted to hold the largest share over the projected period. Rising livestock population, couple with tightening government initiatives to reduce the disease outbreaks among cattle are the key factors driving the global veterinary vaccines market over the projected period. Recent outbreaks of some key viral respiratory infections among cattle will further push the veterinary vaccines market growth.
North America veterinary vaccines market is expected to dominate the global market throughout the projected period. Increasing incidences of various canine disorders is accelerating the adoption of various vaccines for animals. Moreover, rising pets among the population of the U.S. will further contribute to the growth of North America veterinary vaccines market over the projected period.
Europe veterinary vaccines market is expected to hold the second largest market share after North America. Increasing animal husbandry practices, coupled with higher pet population will propel the growth of veterinary vaccines market in this region.
Some of the key players in the global veterinary vaccines market include Virbac Inc., Zoetis, Heska Corp., Indian Immunological Limited, Bayer Pharma AG, Boehringer Inghlem, Biogenesis Bago, and Merck Animal Health among several others.
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