Overview and Scope
Dog vaccines refer to injections that are given to dogs in series starting at the puppy stage and continuing into adulthood. These vaccines are used to introduce tiny amounts of a virus particle to induce an immune response in the body. In this way, if the dog’s body is exposed to this bacteria or virus, it can mount an immune response and prevent sickness.
Sizing and Forecast
The dog vaccines market size has grown strongly in recent years. It will grow from $3.43 billion in 2023 to $3.64 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to innovative vaccination protocols, zoonotic disease awareness, globalization and travel, educational campaigns, research and vaccine development, veterinary practice evolution..
The dog vaccines market size is expected to see strong growth in the next few years. It will grow to $4.76 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing pet adoption rates, health consciousness among pet owners, government regulations and mandates, rising humanization of pets, prevalence of canine diseases.. Major trends in the forecast period include pet insurance and healthcare plans, availability and accessibility, customized vaccination protocols, changing disease patterns, development of novel vaccines..
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Segmentation & Regional Insights
The dog vaccines market covered in this report is segmented –
1) By Type: Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines
2) By Route Of Administration: Subcutaneous, Intramuscular, Intranasal
3) By Application: Below 6 Months, Above 6 Months
Asia-Pacific was the largest region in the dog vaccines market in 2023. The regions covered in the dog vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise in the adoption of pet dogs is expected to propel the dog vaccines market going forward. A pet dog refers to a companion animal that is domesticated or tamed and lives within a home. A dog vaccine is an injection that is given to dogs in series starting at the puppy stage and continuing into adulthood. This vaccine stimulates the immune system which helps dogs to encounter microorganisms and not get sick or have less severe symptoms. For instance, according to the National Pet Owners Survey by the American Pet Products Association 2021-2022, a US-based not-for-profit industry association, 70% of households in the United States owned a pet, which was equal to 90.5 million homes. Out of this, a total of 69 million U.S. households owned a dog as a pet, which was the highest compared to other animals as pets. Thus, the rise in the adoption of pet dogs is driving the growth of the dog vaccines market.
Key Industry Players
Major companies operating in the dog vaccines market report are Bayer AG, Vetoquinol S.A., Boehringer Ingelheim GmbH, Ceva Sante Animale, Heska Corporation, Merck & Co. Inc., Virbac Animal Health Pvt. Ltd., Elanco Animal Health Incorporated, Zoetis Inc., CZ Vaccines, Indian Immunologicals Ltd., Sanofi S.A., CyMedica Orthopedics Inc., Creative Biolabs Inc., Meiji Holdings Co. Ltd., Bioveta A.S., Phibro Animal Health Corporation, Hester Biosciences Limited, High Speed Digieal Processor Architecture Pvt. Ltd., Dechra Pharmaceuticals plc, Idexx Laboratories Inc., Norbrook Inc., Biogenesis Bago SA, Vaxxinova India Private Limited, Bimeda Animal Health Ltd., Lohmann Animal Health GmbH, Biovac Ltd., Zenex Animal Health India Pvt. Ltd., Instituto Rosenbusch S A, Pfizer Inc.
The dog vaccines market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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