A recent report published by Infinium Global Research on poultry vaccine market provides in-depth analysis of segments and sub-segments in the global as well as regional poultry vaccine market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional poultry vaccine market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global poultry vaccine market. According to the report, the global poultry vaccine market is projected to grow at a CAGR of 7.20% over the forecast period of 2019-2025.
Poultry vaccines are important drugs to improve the health of poultry flock and prevent them from various diseases. Vaccinating reduced so many diseases in the poultry flock. Vaccine help birds fight with invading causal organisms by producing antibodies. These vaccine improving the bird’s immune system to avoid a specific disease. Vaccines are administered by various routes including in vivo, subcutaneous, nasal, ocular, intramuscular, and oral.
The global poultry vaccine market is primarily driven by the rising poultry population, government initiatives, and increasing incidence of various poultry diseases. Moreover, increasing demand for food products derived from poultry, technological advancement, and poultry vaccination is expected to fuel the market growth in the near future. However, the growing adoption of vegetarian food and increasing storage and maintenance cost of the vaccine is expected to hinder the demand for the global poultry vaccine market. Nonetheless, by 2020, chicken is anticipated to surplus pork for the global choice of animal protein as per the Merial Health, and the poultry industry is estimated to play an important role in fulfilling further need food of the aging global populations is anticipated to create a new opportunity for global poultry vaccine market.
On the basis of region, the global poultry vaccine market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America held the largest revenue share for global poultry vaccine market in 2018 owing to the rising poultry inventories, and growing investment for the animal health, rising demand for food product derived from the poultry, and technological advancement. The Asia Pacific is estimated to be the fastest-growing region within the projected years owing to poultry vaccination programs by government and rising poultry production. North America is followed by Europe due to rising animal protein demand in the region.
The report on global poultry vaccine market covers segments such as disease type, technology, and dosage form. On the basis of disease type, the sub-markets include new castle disease, infectious bronchitis, Marek's disease, and other diseases. On the basis of technology, the sub-markets include inactivated, recombinant, live attenuated vaccines (LAV), and toxoid. On the basis of dosage form, the sub-markets include duct, liquid, and freeze dried vaccines.
The report provides profiles of the companies in the market such as Zoetis Inc., Virbac, Anicon GmbH, Venkys, Phibro Animal Health Corporation, Elanco, Biovet, Ceva Animal Health Inc., Boehringer Ingelheim, and MSD & Co.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of poultry vaccine market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.