Livestock Vaccines Market Worldwide Growth, Trends, Opportunities, Share, Boost Demand, Forecast till 2026-The News PEDI
Livestock Vaccines Market by Top Key Players are Merck & Co., Inc., Pfizer Inc., AgriLabs, Zoetis, Novartis AG, Boehringer Ingelheim, Bayer AG, Eli Lilly and Company, Virbac, Neogen Corporation, ImmuCell Corporation
The increasing prevalence of African swine fever (ASF) among cattle is a key factor driving the global livestock vaccines market, says Fortune Business Insights in a report, titled “Livestock Vaccines Market Size, Share and Industry Analysis, By Animal Type (Cattle, Horses, Pigs,Others), By Vaccine Type (Attenuated Vaccines, Inactivated Vaccines, Recombinant Vaccines), By Route of Administration (Oral, Intravenous), By Disease Indication (Clostridial Diseases, Reproductive and Infertility Disease, others) By Distribution Channel (Veterinary Hospital Pharmacies, Regional Distribution Centers) and Regional Forecast, 2019-2026.” The increasing government initiatives for the prevention of zoonotic disease is expected to contribute positively to the global livestock vaccines market.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/livestock-vaccines-market-101418
The Major Companies Covered In The Global Livestock Vaccines Market Report Include:
- Merck and Co., Inc.
- Pfizer Inc.
- Novartis AG
- Boehringer Ingelheim
- Bayer AG
- Eli Lilly and Company
- Neogen Corporation
- ImmuCell Corporation
According to the report, the increasing clinical studies for the development of vaccines to cure different types of livestock disease by using new vaccine technologies such as marker vaccine, split product, isolated protein or peptide and nucleic acid approaches is expected to aid livestock vaccines market growth during the forecast period. For instance, Elanco U.S., Inc., a subsidiary company of Eli Lilly and Company acquired the U.S. canine, feline and rabies animal vaccines portfolio of Boehringer Ingelheim Vetmedica, Inc., one of the major players in animal health.
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Rising Demand for Multivalent Vaccines Will Favor Growth
The increasing demand for recombinant vaccine, DNA vaccines and multivalent vaccines is expected to aid the growth of the global livestock vaccines market. The outbreak disease around the world is expected to uplift the global livestock vaccines market shares during the forecast period. For instance, the outbreak of African Swine Fever (ASF) disease affected roughly millions of pigs in China, Vietnam, Cambodia, and other south-east Asian countries in 2018, and Mycoplasma bovis infections among cattle in 2018, in New Zealand. Furthermore, the increasing government initiatives to prevent the spread of zoonotic diseases is expected to further augment the growth of the global livestock vaccines market.
In addition, the introduction of Fostera Gold PCV MH is expected to boost the global livestock vaccines revenue. For instance, Zoetis introduced Fostera Gold PCV MH, which is the US pork industry’s first vaccine to include two genotypes of porcine circovirus type 2 (PCV2) — 2a and 2b.
Major Table of Content For Livestock Vaccines Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Livestock Vaccines Market Analysis, Insights and Forecast, 2026
- North America Livestock Vaccines Market Analysis, Insights and Forecast, 2026
- Europe Livestock Vaccines Market Analysis, Insights and Forecast, 2026
- Asia Pacific Livestock Vaccines Market Analysis, Insights and Forecast, 2026
- Middle East and Africa Livestock Vaccines Market Analysis, Insights and Forecast, 2026
- Latin America Livestock Vaccines Market Analysis, Insights and Forecast, 2026
- Competitive Landscape
- Company Profile
Rising Awareness Regarding Livestock Vaccines Will Stimulate Growth In North America
North America dominated the livestock vaccines market in 2018 followed by Europe. The livestock vaccines market is expected to expand in North America during the forecast year owing to rising awareness regarding the prevention of animal-to-human transmission of diseases, higher demand for meat, and investment in research and development in animal vaccines. Asia Pacific is likely to grow at a significant CAGR during the forecast period due to the rising prevalence of livestock diseases such as foot-and-mouth disease (FMD) and highly pathogenic avian influenza (HPAI)
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