Poultry Healthcare Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities
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What is the Projected Growth Rate of the Poultry Healthcare Market from 2024 to 2033?
The poultry healthcare market will grow from $7.67 billion in 2023 to $8.51 billion in 2024, at a CAGR of 11.0%. The market’s expansion is driven by disease outbreaks, rising poultry production, the globalization of poultry trade, and regulatory compliance.
The poultry healthcare market is expected to reach $12.55 billion by 2028 at a CAGR of 10.2%. Growth is attributed to increased poultry consumption, focus on preventive healthcare, environmental concerns, digital technology integration, and consumer awareness. Key trends include technological integration, biosecurity measures, customized nutrition, global disease surveillance collaborations, and market consolidation.
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What Are the Key Drivers of Growth in the poultry healthcare Market?
The poultry healthcare market is experiencing growth driven by the increasing prevalence of disease outbreaks in poultry animals. High pathogenicity avian influenza outbreaks have been reported globally, leading to a heightened focus on poultry healthcare. The need for effective healthcare solutions for poultry is rising, driving market growth.
What Are the Notable Segments in the Poultry Healthcare Market?
1) By Product: Vaccines, Parasiticides, Anti Infectives, Medical Feed Additives
2) By Test: ELISA, PCR, Molecular Diagnostic test, Laboratory Test
3) By Application: Farm, House
Which Emerging Trends Are Altering the 184 Market?
Major players in the poultry healthcare market are introducing innovative vaccines, such as recombinant vector vaccines, to gain a competitive advantage. These vaccines provide robust protection against diseases like Marek’s disease, infectious bursal disease, and Newcastle disease viruses. For instance, Zoetis US expanded its line of recombinant vector vaccines with the introduction of Poulvac Procerta HVT-IBD in January 2021, providing early protection against Marek’s disease and infectious bursal disease in chickens.
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Which Regions Are Most Influential in Expanding the Poultry Healthcare Market?
North America was the largest region in the poultry healthcare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the poultry healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Poultry Healthcare Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the poultry healthcare market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Poultry Healthcare Market Include
1. Poultry Healthcare Market Executive Summary
2. Poultry Healthcare Market Segments
3. Poultry Healthcare Market Size And Template Market Growth Rate
4. Key Poultry Healthcare Market Trends
5. Major Poultry Healthcare Market Drivers
……
25. Key Mergers And Acquisitions In The Poultry Healthcare Market
26. Top Poultry Healthcare Companies
27. Poultry Healthcare Market Opportunities And Strategies
28. Poultry Healthcare Market, Conclusions And Recommendations
29. Appendix
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