What’s The Growth Forecast For Porcine Vaccine Market Through 2023-2032?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global porcine vaccine market is on an upward trajectory, set to grow from $1.59 billion in 2022 to $1.74 billion in 2023 at a remarkable compound annual growth rate (CAGR) of 9%. The global porcine vaccine market size is expected to grow to $2.34 billion in 2027 at a CAGR of 7.8%.
Key Market Players:
Major players in the porcine vaccine market include industry giants such as Bayer AG, Boehringer Ingelheim International GmbH, Merck Animal Health, and Zoetis Animal Health. These companies play a pivotal role in advancing the development and distribution of porcine vaccines globally, contributing to the market’s expansion.
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Product Innovations Driving Market Penetration:
A notable trend in the market is the emphasis on product innovation. Companies like Boehringer Ingelheim are investing in groundbreaking products like ParvoPRRS®, designed to enhance reproductive health and productivity in breeding herds. This focus on innovation contributes to market competitiveness and addresses evolving industry demands.
Regional Dominance and Market Segmentation:
As of 2022, North America leads the porcine vaccine market. The regions covered in the global porcine vaccines report include Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa. Market segmentation based on technology, disease indication, and end-user provides a comprehensive understanding of the diverse aspects influencing the porcine vaccine market.
- Technology: Inactivated Vaccines, Live Attenuated Vaccines, Toxoid Vaccines, Recombinant Vaccines, Conjugate Vaccines, DNA Vaccines.
- Disease Indication: Diarrhea, Swine Influenza, Arthritis, Bordatella Rhinitis, PRRSV, PCVAD, Other Disease Indications.
- End User: Veterinary Hospitals, Hog or Pig Production Farm.
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The Porcine Vaccine Global Market Report 2023 provides a comprehensive overview on the porcine vaccine market size, porcine vaccine market trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the porcine vaccine market report are Bayer AG, Bimeda Holdings PLC, Boehringer Ingelheim International GmbH, Ceva Sante Animale, Eli Lilly and Company, Merck Animal Health, Sanofi Pasteur Inc., Vetoquinol, Zoetis Animal Health, HIPRA, Elanco Animal Health Incorporated, Arko Laboratories Ltd., PBS Animal Health, Aptimmune Biologics Inc., Merial Animal Health, DT Biologika GmbH, and Intervet Inc.and the major seven regions are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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