The global animal vaccines market size was USD 13.90 Billion in 2022 and is expected to register a revenue CAGR of 9.7% during the forecast period. Rising demand for pet insurance, increasing prevalence of animal diseases to support animal vaccine therapies are some of the key factors driving market revenue growth.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Animal Vaccines market include:
Zoetis, Virbac, Elanco, Merck & Co., Inc., Ceva Santé Animale, Boehringer Ingelheim International GmbH, Phibro Animal Health Corporation, IDEXX, HESTER BIOSCIENCES LIMITED, Indian Immunologicals Ltd
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Animal Vaccines market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Animal Vaccines Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Animal Vaccines Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019-2032)
- Attenuated live vaccines
- Inactivated vaccines
- Subunit vaccines
- DNA vaccines
- Recombinant vaccines
Type Outlook (Revenue, USD Billion; 2019-2032)
- Livestock
- Companion
Route of Administration Outlook (Revenue, USD Billion; 2019-2032)
- Subcutaneous
- Intramuscular
- Intranasal
Animal Vaccines Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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