Veterinary / Animal Vaccines Market 2015 - Global Forecast to 2020 for the $7.19 Billion Industry

Jul 02, 2015, 07:22 ET from Research and Markets

DUBLIN, June 25, 2015 /PRNewswire/ --

Research and Markets( has announced the addition of the "Veterinary / Animal Vaccines Market by Product, Diseases & Technology - Global Forecast to 2020" report to their offering.

The global animal vaccines market is poised to reach $7,197.9 Million by 2020 from $5,507.3 Million in 2015, at a CAGR of 5.5% from 2015 to 2020.

Major factors fueling market growth are growing prevalence of animal diseases, increasing incidences of zoonotic diseases, rising investments by government bodies and associations, and launches of innovative products by companies. However, rising costs of storage and maintenance of vaccines, increasing adoption of vegetarian food in major economies owing to the high risk of obesity and other chronic disorders, persistent economic slowdown are expected to affect the growth of the veterinary vaccines market

The veterinary vaccine market, by product, is segmented into companion animal vaccines, livestock, poultry, porcine, equine, aquaculture, and other animal vaccines (including vaccines for deer, elephants, camels, bats, rabbits). Among these, the companion animal vaccines segment is the fastest-growing segment due to increasing awareness about vaccination, rising prevalence of zoonotic diseases, and increasing pets population.

The animal vaccines market, by technology, is categorized into inactivated vaccines, live attenuated vaccines, toxoid vaccines, conjugate vaccines, DNA vaccines, recombinant vaccines, subunit vaccines. live attenuated vaccines technology is the major technology of veterinary vaccines market.

Geographically, the veterinary vaccines market is dominated by Europe, followed by North America. The market in Asia is expected to grow at a highest CAGR during the forecast period.

Key players operating in the animal vaccines market are Zoetis (U.S.), Merck Animal Health (U.S.), Merial Inc. (Sanofi) (France), Boehringer Ingelheim (Germany), Elanco Animal Health (U.S.).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Veterinary Vaccines Market, By Product

7 Veterinary Vaccines Market, By Disease

8 Veterinary Vaccines Market, By Technology

9 Veterinary Vaccines Market, By Region

10 Competitive Landscape

11 Company Profiles

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SOURCE Research and Markets