Global Livestock Vaccines Market Size study & Forecast, by Product Type (Bovine Vaccine, Poultry Vaccine, Porcine Vaccine and Other Livestock Vaccines), Technology (Live Attenuated Vaccine, Inactivated Vaccine, Toxoid Vaccine, Recombinant Vaccine and Other Technologies) and Regional Analysis, 2022-2029
Global Livestock Vaccines Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Livestock Vaccines Animal vaccination is the immunization of a domestic, livestock or wild animal. This is a method that is directly linked to the veterinary medicine. The Livestock Vaccines market is expanding because of factors such as Increasing production of poultry and rising consumption of meat and chicken. The market may be fueled by growing population over the globe and rapid urbanization in the market. Further, the market dominated by Adl Bionatur Solutions, S.A, Ceva Sante Animale, Elanco and Merck & Co.
according to the United States Department of Agriculture's Foreign Agricultural Service's January 2022 report, ""Livestock and Poultry: World Markets and Trade”, Global chicken meat production for 2022 is projected to be 100.97 million tonnes, up from 100.50 million tonnes, in the year 2021 and 99.20 million tonnes, in the year 2020, Similarly, global exports of chicken meat are expected to rise by 1% to 13.4 million tonnes in 2022. Further, rising government initiatives towards the well being of the poultry is also anticipated to boost the growth of the market. In order to speed up the development of livestock vaccinations and prevent the spread of viral diseases like coronavirus, the United Kingdom's government announced in June 2021 the opening of a United Kingdom Animal Vaccine Manufacturing and Innovation Centre in Surrey. To establish this centre, the Bill & Melinda Gates Foundation will contribute USD 19.43 million, and the UK government will give USD 24.79 million, in the year 2021. However, high storage cost of vaccines and lack of veterinarians may halt market growth.
The key regions considered for the Global Livestock Vaccines Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to rising adoption of the poultry vaccines catering to rising awareness towards better quality of the food products. In the United States, there were 14.7 million head of cattle and calves on feed for the slaughtering market in January 2022, according to a report from the Food and Agriculture Organization and the United States Department of Agriculture. The stock has increased slightly from the sum of 14.7 million heads in January 2021. On January 1, 2022, 81.9% of all cattle on feed were in beef cattle with a capacity of 1,000 head or more, a modest increase from the previous year. Asia Pacific is expected to grow significantly during the forecast period, owing to rising advancements in the vaccine development.
Major market player included in this report are:
Zoetis Inc
AniCon Labor GmbH
Animal Science Products Inc.
Biovac
Boehringer Ingelheim International GmbH
Adl Bionatur Solutions, S.A.
Ceva Sante Animale
Elanco
Merck & Co
Phibro Animal Health Corporation
Recent Developments in the Market:
In August 2022, SRTF’s agricultural project-The Support for the Restoration of Animal Production Within Northern Aleppo- Phase II, acquired the latest batch of livestock vaccines. The projected 57,500 estimated family members of livestock breeders in the project region, which is home to 250,000 people, will receive indirect benefits from the initiative.
In August 2022, Haryana immunised cattle in great numbers, limited their travel, and banned cattle fairs. This is to stop the spread of lumpy skin condition in the state.
Global Livestock Vaccines Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product type, Technology and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product type:
Bovine Vaccine
Poultry Vaccine
Porcine Vaccine
Other Livestock Vaccines
By Technology:
Live Attenuated Vaccine
Inactivated Vaccine
Toxoid Vaccine
Recombinant Vaccine
Other Technologies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
Zoetis Inc
AniCon Labor GmbH
Animal Science Products Inc.
Biovac
Boehringer Ingelheim International GmbH
Adl Bionatur Solutions, S.A.
Ceva Sante Animale
Elanco
Merck & Co
Phibro Animal Health Corporation
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