The global poultry vaccines market size is expected to reach
USD 3.2 billion by 2026, according to a new report by Grand View Research,
Inc., exhibiting a CAGR of 6.2% over the forecast period. Rising adoption of
live poultry, increasing incidence of avian diseases, and rapid growth in
poultry population are expected to drive the market over the forecast period.
In addition, advent of new vaccines, such as Salmonella-vectored vaccines,
which protect domesticated birds against necrotic enteritis is anticipated to
provide a growth platform to this market.
Increasing adoption of poultry vaccines by research
institutes and colleges, along with vaccination awareness programs, are factors
fueling the growth of the market. For instance, in July 2019, the Veterinary
College and Research Institute based in Madurai, India started vaccinating
domesticated birds, predominantly chickens, to save farmers from suffering
significant losses.
Technological advancements in poultry vaccines,
rising demand for animal protein, concerns over food safety, animal welfare,
and microbial resistance, increased focus on avian healthcare, and shift from
treatment to prevention of diseases are some of the other factors anticipated
to create growth opportunities in the poultry vaccines market.
North America is projected to dominate the market
over the forecast period, with Asia Pacific likely to emerge as the fastest
growing regional market over the forecast period. Europe is also a strong
market, fueled by government initiatives for research and development activities
and rapid improvement in animal husbandry practices.
Browse full research report on Poultry
Vaccines Market: https://www.grandviewresearch.com/industry-analysis/poultry-vaccines-market
Further key
findings from the report suggest:
- Increasing number of veterinary practitioners and technological
advancements in the field are anticipated to create growth opportunities
in the poultry vaccines market
- Attenuated vaccines accounted for the largest revenue share owing
to their long lasting immunity and usage to prevent many avian diseases
- The infectious bronchitis disease segment is expected to exhibit
lucrative growth over the forecast period as the disease is responsible
for increased mortality among poultry and has a greater prevalence rate as
compared to other avian diseases
- The breeder segment is expected to account for the largest revenue
share due to increasing number of farm breeders involved in producing
fertile eggs, thereby increasing productivity
- North America held the dominant share as of 2018 due to favorable
government policies and new product launch by companies. For instance, in
September 2017, MSD Animal Health introduced the HVT (herpes virus of
turkeys) vaccine that protects birds from infectious bursal, Newcastle
disease, and Mareck’s disease
- Some of the key companies in the market are Merck & Co. Inc.;
Zoetis; Boehringer Ingelheim International GmbH; and Ceva.
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/poultry-vaccines-market/request/rs1
Grand
View Research has segmented the global poultry vaccines market on the basis of
product, disease type, application, and region:
Poultry
Vaccines Product Outlook (Revenue, USD Million, 2014 - 2026)
- Attenuated Live
Vaccines
- Inactivated Vaccines
- Subunit Vaccines
- DNA Vaccines
- Recombinant Vaccines
Poultry
Vaccines Disease Type Outlook (Revenue, USD Million, 2014 - 2026)
- Infectious
Bronchitis
- Avian Influenza
- Marek’s Disease
- Newcastle Disease
- Salmonella
Poultry
Vaccines Application Outlook (Revenue, USD Million, 2014 - 2026)
- Breeder
- Broiler
- Layer
Poultry
Vaccines Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- India
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East &
Africa
- South
Africa
- Saudi Arabia
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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