IMARC Group has recently released a new research study titled “Poultry Vaccines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the poultry vaccines market?
The global poultry vaccines market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
What are poultry vaccines?
Poultry vaccines are specially formulated biological products designed to prevent or control diseases in various poultry species, including chickens, turkeys, ducks, and geese. These vaccines are administered to poultry either through injection, spray, or drinking water and play a critical role in maintaining the health and well-being of poultry populations. They stimulate the bird’s immune system, helping them develop immunity against specific diseases, such as Newcastle disease, avian influenza, infectious bronchitis, and Marek’s disease.
The poultry vaccines market is witnessing significant growth as the poultry industry continues to expand, and the need for effective disease prevention measures becomes increasingly vital.
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What are the growth prospects and trends in the industry?
The market is primarily driven by the growing global demand for poultry products, including meat and eggs, due to the rising global poultry consumption. In line with this, the increasing incidences of numerous disease outbreaks, such as avian influenza is resulting in a higher awareness regarding biosecurity measures to prevent disease transmission, thereby fueling the market. Moreover, the implementation of strict regulations and food safety standards for the poultry industry by government bodies of several countries is creating lucrative opportunities in the market.
Additionally, continual technological developments, such as the advent of advanced and innovative poultry vaccines, including recombinant and vector-based vaccines are providing an impetus to the market.
Apart from this, the growing consumer awareness and demand for animal welfare practices have leading to increased attention on disease prevention and management in poultry is resulting in a higher product uptake.
Some of the other factors contributing to the market include antibiotic reduction strategies, zoonotic disease concerns, and an enhanced focus on sustainable and resilient poultry production system.
What are the top poultry vaccines companies in the world?
Some of the key companies in poultry vaccines market are like
- AniCon Labor GmbH (SAN Group)
- Biovac Ltd.
- Boehringer Ingelheim International GmbH
- Ceva Santé Animale
- Elanco
- Hester Biosciences Limited
- Merck & Co. Inc.
- Phibro Animal Health Corporation
- Venkys India
- Zoetis Inc.
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Key Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Disease:
- Infectious Bronchitis
- Avian Influenza
- Newcastle Disease
- Marek’s Disease
- Others
Breakup by Product:
- Recombinant Vaccine
- Live Attenuated Vaccine
- Inactivated Vaccine
- Subunit Vaccine
- Others
Breakup by Dosage Form:
- Liquid Vaccine
- Freeze Dried Vaccine
Breakup by Application:
- Breeder
- Broiler
- Layer
Breakup by End User:
- Veterinary Hospitals
- Poultry Firm
- Poultry Vaccination Center
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Industry Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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