Overview and Scope
The poultry vaccine is a vaccination used to treat preventive diseases in poultry animals. Poultry vaccine immunizations are commonly used to prevent and control contagious poultry illnesses. This is used in chicken production, which seeks to boost productivity by avoiding or limiting the occurrence of clinical disease at the farm level.
Sizing and Forecast
The poultry vaccines market size has grown strongly in recent years. It will grow from $1.64 billion in 2023 to $1.8 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to epidemic outbreaks, globalization of poultry trade, shifts in consumer demand, environmental concerns, emerging infectious diseases, focus on antibiotic alternatives.
The poultry vaccines market size is expected to see strong growth in the next few years. It will grow to $2.59 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to disease mutation and evolution, global expansion of poultry industry, increasing demand for protein-rich foods, environmental concerns and sustainability, rising focus on animal welfare. Major trends in the forecast period include digitalization in vaccination management, focus on antibiotic alternatives, advanced production efficiency, emerging infectious diseases, environmental concerns.
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Segmentation & Regional Insights
The poultry vaccines market covered in this report is segmented –
1) By Type: Porcine Vaccines, Poultry Vaccine, Livestock Vaccine, Companion Animal Vaccine, Aquaculture Vaccines, Other Animal Vaccines
2) By Disease Type: Avain Influenza, Infectious Bronchitis
3) By Dosage Form: Liquid Vaccine, Freeze Dried Vaccine, Duct
4) By Technology: Toxoid, Live Attenuated Vaccines, Recombinant Vaccines, Inactivated Vaccines
5) By Application: Broiler, Layer, Breeder
North America was the largest region in the poultry vaccines market in 2023. The regions covered in the poultry 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 increasing prevalence of zoonotic diseases is expected to propel the growth of the poultry vaccine market going forward. Zoonotic diseases are a group of common diseases caused by pathogenic germs such as viruses, bacteria, parasites, and fungi. The significant changes in land use, and increased urbanization have all been linked to disease onset by increasing human-animal encounters and quickening transmission rates, climate change, urbanization, and the degradation of natural habitats raise the danger of zoonotic illnesses. Due to the surge in the number of zoonotic cases, there is an increase in demand for poultry vaccines. For instance, in July 2022, according to an article published by the World Health Organization, a US-based government agency, there was a 64% rise in the number of zoonotic cases in Africa. Furthermore, zoonotic illnesses are on the increase both internationally and in India. These emerging infectious diseases in humans account for 60% of cases, with 816 zoonotic pathogens out of 1407 human pathogens. Therefore, the increasing prevalence of zoonotic diseases is expected to drive the growth of poultry vaccines.
Key Industry Players
Major companies operating in the poultry vaccines market report are Merck & Co Inc., Boehringer Ingelheim International GmbH, Zoetis Inc., Ringpu Biology, MSD Animal Health, Elanco Animal Health Incorporated, Ceva Santé Animale S.A., Phibro Animal Health Corporation, Huvepharma AD, Venkys India Limited, Vetoquinol S.A., Indian Immunologicals Limited, Vaccination Services Pvt Ltd., Indovax Private Limited, Pharmaq AS, Bio-Vet Inc., Hester Biosciences Limited, Intervet Inc., Anicon Labor GmbH, CZ Veterinaria S.A., Bioproperties Pty Ltd, Torigen Pharmaceuticals Inc., Bioveta a.s., Aptimmune Biologics Inc., HIPRA S.A., Biovac (Pty) Ltd., VerovacciNES Inc., Lohmann Animal Health GmbH & Co KG, Nisseiken Co Ltd., Zydus Animal Health Limited, Jinyu Bio-Technology Co Ltd., Kyoto Biken Laboratories Inc., Phage Technology Inc.
The poultry vaccines market report table of contents includes:
Executive Summary
Market Characteristics
Market Trends And Strategies
Impact Of COVID-19
Market Size And Growth
Segmentation
Regional And Country Analysis
……..
Competitive Landscape And Company Profiles
Key Mergers And Acquisitions
Future Outlook and Potential Analysis
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