The global animal vaccine market size valued USD 8,700 million in 2018 and anticipated to grow at the CAGR of 6.5% during the forecast period (2018-2023). Vaccination have a significant part in protecting animal and public health. Vaccination of animals ensures the prevention of possibly hazardous infectious diseases and sustain the productivity of animal protein production. The growing trend of adoption of pets is triggering the growth of the market by creating high demands for animal vaccines. Pets are vaccinated against infectious diseases such as rabies, distemper, and hepatitis.
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According to the European Pet Food Industry Federation, 80 million households owned pet animals in the European Union in 2016 of which 18% were pet dogs and 26% pet cats. France, Italy, the UK., Ukraine and Germany were in the list of top ten countries with the largest cat population, while France and Romania had the largest dog population in Europe. Leptospirosis is one of the key bacterial diseases which occur in 60% of UK dairy herds. The most common preventive measure for this disease is vaccination. In US, an estimated 78 million dogs and 85.8 million cats are owned accounting for 44% households owing dogs, and 35% owing cat, according to American Pet Products Association 2015-2016.
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The factors contributing to the growth of the market include the increasing incidences of zoonotic diseases, factory farming method leading to many diseases among animals, and diseases due to climate change. The introduction of new animal vaccines by the major key companies such as Zoetis, and Boehringer Ingelheim for animal health is further augmenting the growth of the market. Initiatives taken by several governments such as the European government and animal wellness programs led by various animal welfare organisations is driving the market growth. Animal Association of Avian Pathologists, American Feed Industry Association, and National Turkey Federation are some of the animal welfare organizations actively working for animal health.
Global Animal Vaccine Market – Company Profiles
- Zoetis
- Elanco(Eli-Lilly)
- Merck & Co. Inc.
- Boehringer Ingelheim Bayer
- Ceva Animal Health
- Valneva Technologies
- Virbac S.A
Global Animal Vaccine Market- Segmentation
By Type
- Porcine Vaccines
- Poultry Vaccines
- Livestock Vaccines
- Aquaculture Vaccines
- Companion Animal Vaccines
- Others
By Disease
- Live Attenuated Vaccine
- Killed/Inactivated Vaccine
- Recombinant Vaccines
- Others
Global Animal Vaccine Market- Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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