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How Will the Growth Rate of the Veterinary Biologics Market Shape Industry Trends by 2034?

The veterinary biologics market has experienced strong growth in recent years. It is projected to expand from $12.67 billion in 2024 to $13.65 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.7%. The historical growth can be credited to animal disease outbreaks, regulatory support and standards, rising demand for food safety, globalization of trade, and the economic importance of livestock.

The veterinary biologics market is expected to grow significantly, reaching $18.38 billion by 2029 at a CAGR of 7.7%. This expansion will be fueled by factors such as the emergence of infectious diseases, shifts in disease patterns due to climate change, the adoption of precision livestock farming, the One Health approach, and an increase in pet ownership. Key market trends in this period include the rise of education and training programs, eco-friendly and sustainable biologics, the adoption of digital health records, increasing demand for companion animal biologics, and the development of customized and targeted therapies.

What External and Internal Drivers Are Contributing to the Growth of the Market’s Growth?

The rise in animal disease prevalence is expected to drive growth in the veterinary biologics market. Animal diseases encompass health issues affecting a variety of animal species. The increasing incidence of animal diseases highlights the need for improved diagnostics and treatment, achievable through veterinary biologics that employ immunological methods to address these conditions. For example, in October 2022, the European Center for Disease Prevention and Control reported 2,467 avian influenza outbreaks in poultry, impacting 48 million birds, with 187 cases in captive birds. Additionally, in July 2022, the World Health Organization reported that rabies causes 59,000 deaths annually in over 150 countries, predominantly in Africa and Asia. Therefore, the rising incidence of animal diseases is driving growth in the veterinary biologics market.

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Who Are the Key Market Players Influencing the Growth of the Veterinary Biologics Industry?

Major companies operating in the veterinary biologics market include:

• Bayer AG_x000D_

• Eli Lilly & Company_x000D_

• Evonik Industries AG_x000D_

• Zoetis Inc._x000D_

• Merck Animal Health Inc._x000D_

What Key Market Trends Are Shaping the Future of the Veterinary Biologics Industry?

The veterinary biologics market is experiencing growth driven by the development of novel biologics such as vaccines, aimed at improving animal health and disease prevention. A vaccine stimulates the immune system to recognize and combat specific pathogens, preventing infectious diseases through acquired immunity. For example, in August 2024, Merck Animal Health, a US-based global animal health company, introduced an experimental autogenous vaccine targeting avian metapneumovirus (aMPV) type B, following approval from the U.S. Department of Agriculture (USDA). Developed in collaboration with Cambridge Technologies, this vaccine addresses severe respiratory issues in poultry, which have caused significant economic losses since late 2023. Manufactured in a state-of-the-art Minnesota facility, it features an oil and water emulsion formulation, minimizing post-vaccination tissue reactions—a crucial market advancement as no commercially licensed vaccines were previously available.

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How Are the Key Segments of the Veterinary Biologics Market Impacting Its Expansion and Revenue Streams?

The veterinary biologics market covered in this report is segmented –

1) By Product: Vaccines, Diagnostic Kits, Immunomodulators, Antiserums And Antibodies, Other Products

2) By Disease Type: Bluetongue, Foot And Mouth Disease, Brucellosis And Tuberculosis, Other Diseases

3) By Distribution Channel: Veterinary Hospitals, Veterinary Clinics, Other Distribution Channels

4) By Application: Production Animal, Companion Animal

Subsegments:

1) By Vaccines: Live Attenuated Vaccines, Inactivated Vaccines, Recombinant Vaccines, DNA Vaccines

2) By Diagnostic Kits: Rapid Tests, Elisa Kits, Pcr-Based Diagnostic Kits

3) By Immunomodulators: Cytokines, Adjuvants, Immunostimulants

4) By Antiserums And Antibodies: Monoclonal Antibodies, Polyclonal Antibodies, Hyperimmune Serums

5) By Other Products: Probiotics, Prebiotics, Growth Factors, Toxoids

Which Regions Are Emerging as Leaders in the Veterinary Biologics Market?

North America was the largest region in the veterinary biologics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary biologics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Defining Features of the Veterinary Biologics Market?

Veterinary biologics refers to biological products derived from living organisms, such as bacteria, viruses, or other microorganisms. Veterinary biologics are used in veterinary medicine to prevent, diagnose, or treat animal diseases.

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