Animal Vaccine Market Trends, Share, Growth Drivers, Business Analysis and Future Investment 2028: MarkNtel Advisors

Market Insights

As per recent research by MarkNtel Advisors, The Global Animal Vaccine Market is likely to grow at around 7.4% CAGR during the forecast period, i.e., 2023-28.

Key Driver: The Augmenting Need for Protozoan Parasitic Vaccines

To prevent hazardous disease transmission from animals to people, multiple countries are implementing mass immunization campaigns for animals. As such, the demand for veterinary vaccines is expected to rise due to increased initiatives and investments governments worldwide make to reduce the burden of animal disease and guarantee food security. As a result, protozoan parasitic vaccines are now in high demand in the veterinary healthcare sector, and this trend is projected to continue during the forecast period.

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Market Segmentation and Consumer Behavior:

By Type

Porcine Vaccines
Aquaculture Vaccines
Ruminants Vaccines
Companion Animals Vaccines
- Canine Vaccines
- Feline Vaccines
Poultry Vaccines
Livestock Vaccines

By Diseases

Porcine Diseases
Aquaculture Diseases
Ruminants Diseases
Companion Animals Diseases
- Canine Diseases
- Feline Diseases
Poultry Diseases
Livestock Diseases

By Technology

Live Attenuated Vaccines
Livestock Inactivated Vaccines
Toxoid Vaccines
Recombinant Vaccines
Other (DNA vaccines)

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Animal Vaccine Market Geographical Analysis:

By Region:

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Key Players and Competitive Strategies in the Animal Vaccine Market

Several prominent players dominate the Animal Vaccine Market, including:

Elanco
Ceva
Phibro Animal Health Corporation
Neogen Corporation
Intas Pharmaceuticals Ltd.
Biogénesis Bagó
Ourofino Saúde Animal
Virbac
Zoetis
Merc & Co., Inc.
Boehringer Ingelheim International GmbH

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Questions Addressed in this Study

1.What factors are driving the Animal Vaccine Market growth?

2.How is the Animal Vaccine Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Animal Vaccine Market?

4.What is the current size of the Animal Vaccine Market, and how is it projected to change in the future?

6.What is the future outlook for the Animal Vaccine Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.