Veterinary vaccines market is anticipated to grow at a CAGR of 9.2% during the forecast period. The increasing outbreak of cattle diseases and growing demand for their treatment are some key factors driving the growth of the market. The rising incidence of zoonotic diseases, initiatives by various government agencies and animal associations to maintain animal health, and the rising demand for animal-derived food products are some other factors contributing to the market growth. According to the World Economic Forum (WEF), it was estimated that zoonoses are responsible for 2.5 billion cases of human illness and 2.7 million human deaths worldwide each year.
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In June 2022, Union Minister of Agriculture & Farmers’ Welfare “Shri Narendra Singh Tomar” launched Animal Vaccine and other Diagnostic Kits developed by the ICAR-National Research Centre on Equines, Hisar, Haryana, India. The Ancovax Vaccine on Equines is an inactivated SARS-CoV-2 Delta (COVID-19) Vaccine for Animals. The immunity induced by Ancovax neutralizes both Delta and Omicron Variants of SARS-CoV-2. The Vaccine contains inactivated SARS-CoV-2 (Delta) antigen with Alhydrogel as an adjuvant. It is safe for dogs, lions, leopards, mice and rabbits.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Veterinary Vaccines Market, By Product
- Livestock Vaccines
- Companion Animal Vaccines
- Porcine Vaccines
- Equine Vaccines
- Poultry Vaccines
- Aquaculture Vaccines
- Others
Global Veterinary Vaccines Market, By Technology
- Inactivated Vaccines
- Live Attenuated Vaccines
- Subunit Vaccines
- Toxoid Vaccines
- Recombinant Vaccines
- DNA Vaccines
- Conjugate Vaccines
Global Veterinary Vaccines Market, By Diseases
- Poultry Diseases
- Companion Animal Diseases
- Livestock Diseases
- Aquaculture Diseases
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Anicor Labor GmbH
- Arko Laboratories, Inc.
- Biovac
- Boehringer Ingelheim GmbH
- Ceva Sante Animale
- Colorado Serum Co.
- Hygieia Biological Laboratories
- Merck & Co. Inc.
- Merial
- Nexvet
- Pfizer Inc.
- PHL Associates, Inc.
- Romvac
- Sanofi SA
- Vaxxinova
- Zoetis Inc.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global veterinary vaccines market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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