Global Poultry Vaccines Market
Veterinary Healthcare

Poultry Vaccines Global Market Outlook 2023-2032: Size And Growth Rate Analysis

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The global poultry vaccines market is poised for substantial growth, with an expected increase from $1.50 billion in 2022 to $1.63 billion in 2023, reflecting a commendable compound annual growth rate (CAGR) of 9.2%. Looking ahead, the market is projected to achieve a size of $2.22 billion in 2027, driven by a robust CAGR of 7.9%. Let’s delve into the key factors shaping the trajectory of this crucial segment in animal health.

The Surge of Zoonotic Diseases: Market Propellant

  1. Understanding Zoonotic Diseases
  • Zoonotic diseases stem from pathogens like viruses, bacteria, parasites, and fungi, affecting both animals and humans.
  • Factors such as changes in land use, increased urbanization, and climate change contribute to the rise in zoonotic diseases.
  1. Impact on Poultry Vaccine Demand
  • Increased human-animal encounters and quicker transmission rates elevate the risk of zoonotic illnesses.
  • The poultry industry witnesses a surge in demand for vaccines to combat zoonotic diseases.
  1. Global Zoonotic Trends
  • A 64% rise in zoonotic cases in Africa, as reported by the World Health Organization (WHO) in July 2022.
  • In India, emerging infectious diseases in humans contribute to 60% of cases, with 816 zoonotic pathogens identified out of 1407 human pathogens.
  1. Market Implications
  • The upswing in zoonotic diseases is a significant driver for the poultry vaccines market, as preventive measures gain prominence.

Key Players Steering the Course

  1. Industry Pioneers
  • Zoetis, Boehringer Ingelheim, Elanco, Ceva Animal Health LLC, Phibro Animal Health Corporation, Hester Biosciences, Intervet Inc., Merck & Co Inc., Indovax Private Limited, HIPRA, Ringpu Biology, Venkys India, Bio-Vet, Biovac, Eli Lilly and Company, VerovacciNES, Torigen, and Aptimmune Biologics are pivotal players shaping the poultry vaccines market.
  1. Industry Dynamics
  • The market exhibits intense competition among major players, emphasizing innovation and research in vaccine development.

Innovating for Impact: Technological Trends in Poultry Vaccines

  1. Key Trend: Technological Advancements
  • Technological advancements are a key trend in the poultry vaccines market.
  • Companies focus on incorporating innovative solutions, leveraging artificial intelligence (AI), and machine learning (ML) in vaccine development.
  1. Exemplary Innovation: Boehringer Ingelheim’s VAXXITEK HVT+IBD+ND
  • In January 2020, Boehringer Ingelheim launched VAXXITEK HVT+IBD+ND, a vaccine offering protection against three diseases.
  • The vaccine provides enhanced protection against Marek’s disease, infectious bursal disease, and Newcastle disease, showcasing the industry’s commitment to technological advancements.
  1. Market Impact
  • Technological innovations elevate the efficacy and cost-effectiveness of poultry vaccines, ensuring robust preventive measures for flocks.

Comprehensive Market Segmentation

  1. Type-Based Segmentation
  • Porcine Vaccines, Poultry Vaccine, Livestock Vaccine, Companion Animal Vaccine, Aquaculture Vaccines, Other Animal Vaccines
  1. Disease Type-Based Segmentation
  • Avian Influenza, Infectious Bronchitis
  1. Dosage Form-Based Segmentation
  • Liquid Vaccine, Freeze Dried Vaccine, Duct
  1. Technology-Based Segmentation
  • Toxoid, Live Attenuated Vaccines, Recombinant Vaccines, Inactivated Vaccines
  1. Application-Based Segmentation
  • Broiler, Layer, Breeder

Regional Dynamics: North America Takes the Lead

  1. North America’s Dominance
  • North America emerged as the largest region in the poultry vaccines market in 2022.
  • The region’s advanced infrastructure and industry awareness contribute to its leadership in the market.
  1. Global Growth Potential: A Shift to Asia-Pacific
  • Asia-Pacific is poised to be the fastest-growing region, reflecting the global shift in poultry dynamics.

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The Poultry Vaccines Global Market Report 2023  provides a comprehensive overview on the poultry vaccines market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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