Animal Vaccines Market Size & Share By Sales Revenue, In-Depth Qualitative Insights, Explosive Growth Opportunity, Future Demands, Growth Factors and Emerging Trends Forecast to 2029

Posted on Aug 23 2022 5:06 AM

"Animal Vaccines Market report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario"

The "Animal Vaccines Market" industry report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The Animal Vaccines Market by region.

The global veterinary vaccines market size was USD 10.24 billion in 2020. The market is set to grow from USD 10.73 billion in 2021 and reach USD 16.13 billion in 2028 at a CAGR of 6.0% in the 2021-2028 period. This information is provided by Fortune Business Insights™ in its report titled, “Veterinary Vaccines Market, 2021-2028.” As per our researchers, the substantial growth of the market is mainly owing to increased adoption of pet animals worldwide, greater spending on pet maintenance, and escalating implementation of proficient vaccines are the chief contributors for the affirmative growth curve of the market across the forecast years. Therefore, to take precautionary measures for pets and keep them away from fleas and ticks, key players introduced several easy-to-feed medications on popular demand from their customers as it becomes difficult to feed the pets medicines.

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Veterinary Clinics Set to Observe Increased Visits Post COVID-19 and Reinforce Growth

Though the effects of coronavirus disease may seem never-ending, post-June 2020, the veterinary vaccines market noted growth in numerous patient appointments, consequently recovering the losses to a certain magnitude. For example, according to an evaluation led by the American Veterinary Medical Association, the veterinary practitioners reported an extensive increase in patient visits in June 2020. Nearly 59% of the veterinary experts cited that a rise in animal care services in June 2020 was noted compared to the previous year.

Additionally, the impact of the COVID-19 pandemic on animal health corporations observed lowered businesses as compared to human health establishments. For example, according to the yearly report by Merck, its animal health section rose by 7%, while Boehringer Ingelheim’s animal health division grew by 2% in 2020. The proceeds produced by Zoetis from the deals of vaccines deteriorated by only 2% in 2020. Henceforth, the above-mentioned aspects have reinforced reasonable growth of the market during the year 2020.

Driving Factor:

In terms of market dynamics, one of the crucial drivers for the rapidly rising animal vaccines market size is the increased awareness regarding veterinary healthcare, rise in animal husbandry initiatives and the corresponding increase in animal ownerships. Animal owners of the modern era are far more aware regarding their animal’s immunization and the new launches in veterinary vaccines to safeguard their health. They have also been aided in the process by governmental and non-governmental agencies such as Bayer’s global campaign towards animal health which is also concerned with the mitigation of zoonotic diseases.

Available Customizations

With the given market data, Fortune Business Insights offers customizations as per the company’s specific requirements. The following customization options are available for the report:

Product Analysis

  • Product matrix provides detailed product information and comparison

Geographic Analysis

  • Further breakdown of the North American Animal Vaccines Market
  • Further breakdown of the European market
  • Further breakdown of the APAC market
  • Further breakdown of the MEA market
  • Further breakdown of the Latin American market

Company Information

  • Detailed analysis and profiling of additional market players

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Who are the Major Animal Vaccines Market Vendors?

  • Elanco (Greenfield, U.S.)
  • HIPRA (Girona, Spain)
  • Boehringer Ingelheim International GmbH (Ingelheim am Rhein, Germany)
  • Virbac (Carros, France)
  • MSD Animal Health (New Jersey, U.S.)
  • Zoetis (Parsippany, U.S)
  • Ceva (Libourne, France)
  • NEOGEN CORPORATION (Michigan, U.S.)
  • Hester Biosciences Limited (Ahmedabad, India)
  • Biogénesis Bagó (Buenos Aires, Argentina)
  • Other Prominent Players

What Information does this report contain?

  • Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2029. 
  • Expert analysis: Industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
  • 6-7 year performance forecasts: Major segments covering applications, top products and geographies.
  • Competitive landscape reporting: Animal Vaccines Market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Animal Vaccines Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

Frequently Asked Questions?

  • What is the Animal Vaccines Market size?
  • What is the CAGR for Animal Vaccines Market industry?
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  • Who are the key players in the Animal Vaccines Market?
  • Which region is more attractive for vendors in the Animal Vaccines Market?
  • What are the key markets for higher education?
  • What are the key factors driving the growth of Animal Vaccines Market industry?
  • Which segment has the largest share in the Animal Vaccines Market?

Moreover, Introduction

1.1. Moreover, Research Scope

1.2. Moreover, Market Segmentation

1.3. Moreover, Research Methodology

1.4. Moreover, Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Moreover, Market Drivers

3.2. Moreover, Market Restraints

3.3. Moreover, Market Opportunities

4. Moreover, Key Insights

4.1. Key Industry Developments – Moreover, Merger, Acquisitions, and Partnerships

4.2. Porter’s Five Forces Moreover, Analysis

4.3. Moreover, SWOT Analysis

4.4. Moreover, Technological Developments

4.5. Moreover, Value Chain Analysis

4.6. Moreover, Impact of COVID-19 on Market

5. Key Findings / Moreover, Summary

5.1 North America Sales, Revenue and Market Share by Country

5.1.1 North America Sales and Animal Vaccines Market Share by Country (2022-2029)

5.1.2 North America Revenue and Market Share by Country (2022-2029)

5.2 United States Sales and Growth Rate (2022-2029)

5.3 Canada Sales and Growth Rate (2022-2029)

5.4 Mexico Sales and Growth Rate (2022-2029)

8 South America by Country

8.1 South America Sales, Revenue and Animal Vaccines Market Share by Country

8.1.1 South America Sales and Market Share by Country (2022-2029)

8.1.2 South America Revenue and Market Share by Country (2022-2029)

8.2 Brazil Sales and Growth Rate (2022-2029)

8.3 Argentina Sales and Growth Rate (2022-2029)

8.4 Colombia Sales and Growth Rate (2022-2029)

9 Middle East and Africa by Countries

9.1 Moreover, Middle East and Africa Sales, Revenue and Market Share by Country

9.1.1 Middle East and Africa Sales and Market Share by Country (2022-2029)

9.1.2 Moreover, Middle East and Africa Revenue and Market Share by Country (2022-2029)

9.2 Saudi Arabia Sales and Growth Rate (2022-2029)

9.3 Moreover, Turkey Sales and Growth Rate (2022-2029)

9.4 Egypt Sales and Growth Rate (2022-2029)

9.5 Moreover, Nigeria Sales and Growth Rate (2022-2029)

10 Animal Vaccines Market in Developing Countries

 Continued…

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