The Infinium Global Research analyzes the Veterinary/Animal Vaccines Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global veterinary/animal vaccines market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of veterinary/animal vaccines. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the veterinary/animal vaccines market during the period. The global veterinary/animal vaccines market was worth USD 6422.2 million in 2016 and it is projected to reach USD 9276.6 million in 2023, expanding at a CAGR of 5.4% between 2017 and 2023.
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Increase Animal Productivity and Innovation & Introduction of New Vaccines are Major Factors Drive the Veterinary Vaccines Market
The global veterinary vaccines market is expected to be driven by factors such as growing prevalence of livestock diseases coupled with growing livestock population, increasing adoption of companion animals, government initiatives to promote animal health and increase animal productivity and innovation & introduction of new vaccines.
On the other side stringent regulations and high storage costs of vaccines are likely to be the primary restraining factors affecting the growth in the market over the next few years. Moreover, growing awareness about use of vaccines to improve animal health among farmers in emerging markets and technological advancements in the manufacturing of animal vaccines are anticipated provide opportunities for the players in vaccine market.
North America is the Largest Revenue Generating Region
North America is the largest revenue generating region and it is mainly driven by large scale production and consumption of veterinary/animal vaccines materials in the U.S. Asia-Pacific is expected to growth at the highest CAGR of X.X% over the forecast period.
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Veterinary/Animal Vaccines Market: Segmentation
The report on global veterinary/animal vaccines market covers segments such as type, disease, and technology. The type segments include aquaculture vaccines, companion animal vaccines, porcine vaccines, poultry vaccines, livestock vaccines, and other animal vaccines. On the basis of disease the global veterinary/animal vaccines market is categorized into aquaculture, companion animals, livestock, poultry, and porcine. Furthermore, on the basis of technology the veterinary/animal vaccines market is segmented as, recombinant vaccines, toxoid vaccines, live attenuated vaccines, and inactivated vaccines.
Veterinary/Animal Vaccines Market: Competitive Landscape
The report provides profiles of the companies in the global veterinary/animal vaccines market such as, JinyuBio-Technology, Zoetis, China Animal Husbandry, Merck Animal Health, Tianjin Ringpu, Boehringer Ingelheim, Hipra, Phibro Animal Health, Vetoquinol, and Virbac.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-veterinary-animal-vaccines-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the veterinary/animal vaccines.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2023.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.