According to FutureWise analysis the market for animal vaccines in 2023 was US$ 14.03 billion, and is expected to reach US$ 29.26 billion by 2031 at a CAGR of 9.60%.
Animal vaccines are specifically designed substances that stimulate an immune response in animals, providing protection against a variety of contagious diseases. These vaccines are crucial in controlling the spread and incidence of illnesses among different animal groups, including livestock, pets, poultry, and aquatic species. The development of these vaccines typically involves using weakened or inactivated pathogens, their components, or engineered proteins that simulate the presence of the disease-causing agent without causing illness.
When animals receive vaccinations, their immune systems produce antibodies and immune cells that enhance their resistance to the targeted diseases, effectively reducing the risk of infection and its potential health and economic repercussions. The importance of animal vaccines extends beyond animal health; they also play a key role in safeguarding human health by minimizing the risk of zoonotic disease transmission.
Moreover, animal vaccines are vital for sustaining food production, supporting the livelihoods of those in agriculture, and ensuring the well-being of both animal and human populations. Ongoing research and innovation in vaccine development continue to enhance the effectiveness and broaden the applications of animal vaccines, establishing them as essential tools in contemporary agriculture and animal care.
FutureWise Market Research has published a report that provides an insightful analysis of Animal Vaccines Market trends that are affecting the overall market growth.
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Animal Vaccines Market Segmentation:
By Product
- Attenuated Live Vaccines
- Inactivated Vaccines
- Subunit Vaccines
- DNA Vaccines
- Recombinant Vaccines
By Animal Type
- Livestock
- Poultry
- Aqua
- Ruminants
- Swine
- Companion
- Canine
- Feline
- Others
By Route of Administration
- Subcutaneous
- Intramuscular
- Intranasal
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in Animal Vaccines Market:
- Merck & Co. Inc.
- Zoetis, Inc.
- Elanco (Bayer Animal Health)
- Boehringer Ingelheim
- Indian Immunologicals Ltd.
- Phibro Animal Health Corporation
- Neogen corporation
- Intas Pharmaceuticals Ltd.
- Ceva
- Virbac
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Animal Vaccines Market By Product, By Animal Type, By Route of Administration and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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