Veterinary Vaccines are the Only Solution to the Rising Incidences of Zoonotic Diseases like Salmonellosis(NTS), Tuberculosis (TB), Rabies, etc.

05 Oct, 2016, 09:30 ET from Market Data Forecast

HYDERABAD, India, October 5, 2016 /PRNewswire/ --

According to the report " Veterinary Vaccines Market by Type, by Technology and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2015-2020) ", published by Market Data Forecast, the global market is projected to reach USD 7197.82 Billion by 2020, at a CAGR of 5.50% from 2015 to 2020.

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Veterinary vaccines are used to treat ailments of animals and are produced for administration by parenteral or oral routes depending on the vaccine characteristics. The market has shown great rise in the past decade which can be accredited to the growing husbandry practices and better management of farms. Due to advancement in biotechnological research this growth shows future prospects also. With the growing usage of continuous cell lines as a substrate and embracing of the fermenter technology for antigen production the veterinary vaccines market has shown a penchant for growth in the recent times.

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Rising incidences of zoonotic diseases in humans, growing prevalence of animal diseases, increasing investments by major companies, various government agencies and animal rights associations; continuous innovations, increasing awareness against the use of antimicrobials are the main reasons for vaccine producers to invest significantly into development of new products, which in parallel, act as market drivers. Yet, rising maintenance costs for the storage of vaccines, increasing adoption of vegetarian diet in major economies owing to increasing risk of obesity and other chronic diseases are key restraints of this market.

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The Veterinary Vaccines Market is segmented as follows:

By Type                

  • Livestock vaccines (Bovine, porcine, Ovine, Poultry and Equine)         
  • Companion vaccines (canine and feline)         

By Technology                

  • Live attenuated vaccines             
  • Inactivated vaccines             
  • Recombinant vaccines             
  • Toxoid vaccines             
  • Subunit vaccines             
  • DNA vaccines            
  • Conjugate vaccines             

By Geography                    


Major companies operating in this domain are Bayer HealthCare AG, Bioniche Animal Health Canada, Sanofi Animal Health, Inc., Biogenesis Bago SA, Heska Corporation, Indian Immunologicals Ltd., Boehringer Ingelheim GmbH, Zoetis, Novartis Animal Heath, Inc., Merck & Co. Inc, and Protein Sciences.

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The Veterinary Vaccines Market study covers the following aspects: 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter's five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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