logo
logo
Sign in

Poultry Vaccine Market To Market Overview, Market Key Trends ,Market Overview

avatar
Pooja Khodke
Poultry Vaccine Market To Market Overview, Market Key Trends ,Market Overview

The global Poultry Vaccine Market is projected to reach a value of US$ 1,766.8 Million by 2022, with a compound annual growth rate (CAGR) Of 7.9% during the forecast period 2022-2030. Poultry vaccines are biological preparations that help in preventing diseases among poultry birds, increasing their productivity, and maintaining their health. The rising demand for poultry products, coupled with the growing awareness about animal health and diseases, is driving the market growth. Poultry vaccines provide several advantages, such as reducing mortality rates, improving feed conversion ratios, and preventing the transmission of infectious diseases. The need for effective and safe vaccines in the poultry industry is essential to ensure the production of high-quality and disease-free poultry products.

Market Key Trends:


The key trend in the poultry vaccine market is the increasing adoption of vaccination in developing countries. As poultry production expands to meet the growing demand for poultry products, the risk of disease outbreaks also rises. Vaccination plays a crucial role in preventing and controlling diseases among poultry birds, ensuring their health and productivity. Developing countries are witnessing an increased focus on improving poultry production practices and implementing vaccination programs to prevent significant economic losses due to disease outbreaks. Governments and industry players are collaborating to create awareness and provide support for vaccination programs, leading to the growth of the poultry vaccine market in these regions.

Segment Analysis:

The poultry vaccine market can be segmented based on vaccine type, application, and region.

Based on vaccine type, the market can be divided into live attenuated vaccines, inactivated vaccines, recombinant vaccines, DNA vaccines, and others. Among these, live attenuated vaccines are expected to dominate the market. These vaccines are made from weakened forms of the disease-causing organisms, which stimulate an immune response without causing severe disease. Live attenuated vaccines offer long-term immunity, ease of administration, and cost-effectiveness, which have led to their widespread adoption in the poultry industry.

Key Takeaways:

The global Poultry Vaccine Market is expected to witness high growth, exhibiting a CAGR of 7.9% over the forecast period (2022-2030). This growth can be attributed to several factors. Firstly, the increasing demand for poultry products, such as eggs and meat, is driving the need for effective disease prevention and management in poultry farms. Vaccines play a crucial role in preventing and controlling diseases, thereby ensuring the overall health and productivity of the poultry population.

Additionally, the rising prevalence of various infectious diseases in poultry, such as avian influenza, Newcastle disease, and infectious bursal disease, has further fueled the demand for poultry vaccines. Outbreaks of these diseases can have severe economic consequences for the poultry industry, leading to significant financial losses. Vaccination programs help in preventing and controlling the spread of these diseases, reducing mortality rates, and improving overall flock health.

From a regional perspective, North America is expected to be the fastest-growing and dominating region in the poultry vaccine market. This can be attributed to the presence of advanced poultry production systems, high awareness about disease prevention and control measures, and the adoption of advanced vaccination techniques in the region. Europe and Asia Pacific are also anticipated to witness significant growth in the market, driven by increasing poultry production and a growing focus on animal health and welfare.

Key players operating in the poultry vaccine market include Zoetis Inc., Merck & Co. Inc., Elanco, Ceva Santé Animale, Boehringer Ingelheim, Biovac, Hester Biosciences Limited, Dechra Pharmaceuticals PLC, Venky’s Limited, and Phibro Animal Health Corporation, among others. These players are focusing on research and development activities to introduce innovative and effective vaccines, expanding their product portfolios, and entering into strategic collaborations to strengthen their market presence.


Read More : https://www.newsstatix.com/poultry-vaccine-market-is-estimated-to-witness-high-growth-owing-to-rising-demand-for-poultry-products-and-increasing-incidence-of-poultry-diseases/

collect
0
avatar
Pooja Khodke
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more