Germany animal vaccines market is anticipated to record a $432.6 million revenue by 2025, as a result of the increasing consumption of animal-sourced protein, alongside rising efforts of the government to develop and launch vaccines for animals. In addition, the Japan animal vaccines industry is set to depict a 10% CAGR through 2025, which can be attributed to the growing intake of meat and subsequent rise in need for animal farming in the region.
Rapid advances in technology and high disease burden worldwide are anticipated to proliferate global animal vaccines market share at a considerable pace over 2019-2025.The global market has witnessed an accelerated development of new animal vaccination methods including nasal delivery, air-driven vaccine that can be penetrated through the skin of cats. This mode of treatment significantly prevents the occurrence of cancer at the injection site.
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In terms of segmentation by animal type, the farm animal vaccines segment is set to register remuneration of $6,509.6 million by 2025. The segmental growth is attributable to high awareness about animal health, along with mounting demand for risk-free foods and animal proteins from consumers.
Based on technology, the global animal vaccines market from the toxoid vaccines segment is poised to depict a 4.8% CAGR through 2025, driven by its myriad usage benefits such as enhanced safety and efficacy.
With regards to the infections spectrum, the viral vaccines segment recorded revenue of $3,792.4 million in 2018, which can be credited to the rising prevalence of viral infections such as influenza and Newcastle's disease.
The global cattle-based animal vaccines market is anticipated to witness commendable growth in the years to come, owing to the rising cases of infectious outbreaks and growing consumption of meat & dairy products. According to the U.S. Department of Agriculture (USDA) reports, the total red meat and poultry production increased by 2% in 2019, to reach a new record of 104.7 billion pounds. To meet such increasing demands, cattle producers are found to periodically torture cattle with advanced vaccines to prevent infectious diseases that could cause reduced production, fertility or even death in animals.
Key animal vaccines market players include Zoetis, Neogen Corporation, Merck Animal Health, Henry Schein Animal Health, Elanco, Dechra Pharmaceuticals, Ceva Sante Animale, and Boehringer Ingelheim Animal Health, among others. These firms are focusing on strengthening their market position through varied strategies such as innovative product launches and mergers & acquisitions.
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Partial Chapter of the Table of Content
Chapter 5. Animal Vaccines Market, By Technology
5.1. Key segment trends
5.2. Live attenuated vaccines
5.2.1. Market size, by region, 2014 – 2025 (USD Million)
5.3. Inactivated vaccines
5.3.1. Market size, by region, 2014 – 2025 (USD Million)
5.4. Toxoid vaccines
5.4.1. Market size, by region, 2014 – 2025 (USD Million)
5.5. Recombinant vaccines
5.5.1. Market size, by region, 2014 – 2025 (USD Million)
5.6.1. Market size, by region, 2014 – 2025 (USD Million)
Chapter 6. Animal Vaccines Market, By Infections
6.1. Key segment trends
6.2. Bacterial vaccines
6.2.1. Market size, by region, 2014 – 2025 (USD Million)
6.3. Viral vaccines
6.3.1. Market size, by region, 2014 – 2025 (USD Million)
6.4. Parasitic vaccines
6.4.1. Market size, by region, 2014 – 2025 (USD Million)
6.5. Fungal vaccines
6.5.1. Market size, by region, 2014 – 2025 (USD Million)
6.6.1. Market size, by region, 2014 – 2025 (USD Million)
Chapter 7. Animal Vaccines Market, By Route Of Administration
7.1. Key segment trends
7.2. Injection vaccines
7.2.1. Market size, by region, 2014 – 2025 (USD Million)
7.3. Oral vaccines
7.3.1. Market size, by region, 2014 – 2025 (USD Million)
7.4. Immersion/spray vaccines
7.4.1. Market size, by region, 2014 – 2025 (USD Million)
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