Wednesday 26 February 2020

Animal Vaccines Market Size, Analysis, Statistics, Trends, Forecast Report, 2026

The global animal vaccines market size is expected to reach USD 13.37 billion by 2026, according to a new report by Radiant Insights, Inc. expanding at a CAGR of 6.3% over the forecast period. Rise in the outbreak of livestock diseases, expanding livestock population and increasing zoonotic diseases are driving the market growth. Increasing awareness regarding commercially available vaccines is pushing the adoption globally.

This market has emerged to be one of the profitable investment options seeking attention and investments from both government and non-government players. Rise in the number of pet owners and their shifting focus towards healthy animal practices are other key factors propelling the growth of the market. Government intervention in distribution channel on the other hand, is affecting the profitability of the veterinary vaccine manufacturers. The bulk purchase and supply of livestock vaccines by countries such as India and Alaska that have large livestock population are reducing the profit margins of the vaccine manufacturers’ through bulk pricing.

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Animal Vaccines Market

Further Key Findings from the Report Suggest:
Attenuated vaccines emerged as the largest segment as a result of the benefits such as improved effectivity and enhanced long-term prevention
Cattle vaccines accounted for the largest share in the animal type segment of veterinary vaccines market owing to the rise in the demand for safe animal products

Companion animal vaccines segment is the fastest growing segment owing to the increase in number of pet owners worldwide

North America dominated the market with the largest share in 2018. Constantly rising awareness regarding animal health and increasing commercialization of animal products are facilitating dominance of the region during the forecast period.
Asia Pacific is projected to witness swift growth during the forecast period owing to the speedy adoption of veterinary vaccines for quality food products and better animal health

Key players including Zoetis, Virbac Inc. Indian Immunological Limited, Heska Corp., Boehringer Inghlem, Bayer Pharma Ag, Merck Animal Health and Biogenesis Bago dominated the global animal vaccines market.

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/veterinary-animal-vaccines-market

Table of Contents

Chapter 1 Research Methodology & Scope
1.1 Market Segmentation & Scope
1.1.1 Product
1.1.2 Animal type
1.1.3 Regional Scope
1.1.4 Estimates and Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased database:
1.3.2 Radiant Insights Internal Database
1.3.3 Secondary sources
1.3.4 Primary Research:
1.3.5 Details of Primary Research
1.3.5.1 Data for primary interviews in North america
1.3.5.2 Data for primary interviews in Europe
1.3.5.3 Data for primary interviews in Asia Pacific
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
1.6.1.1 Approach 1: Commodity Flow Approach
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 Report Objectives

Chapter 2 Executive Summary
2.1 Market Outlook
2.1.1 Animal vaccines market Outlook, 2014 - 2026 (USD Million)
2.2 Segment Outlook
2.3 Animal vaccines market Summary, 2018

Chapter 3 Animal vaccines market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent market analysis
3.1.1.1 Animal health Market Outlook, 2014 - 2026 (USD Million)
3.2 Penetration & Growth Prospect Mapping
3.3 Regulatory Framework
3.4 Animal vaccines market dynamics
3.4.1 Market driver analysis
3.4.1.1 Rise in livestock population and increasing pet ownership rates
3.4.1.2 Increase in number of disease outbreaks
3.4.1.3 Rising R&D and procedural advancements
3.4.2 Market restraint analysis
3.4.2.1 Government intervention
3.4.2.2 Short product exclusivity period
3.5 Animal vaccines market Analysis Tools: Porters
3.5.1 Supplier Power
3.5.2 Buyer Power
3.5.3 Threat Of Substitutes
3.5.4 Threat Of New Entrants
3.5.5 Competitive Rivalary

Continued…

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About Radiant Insights
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