Animal Vaccines Market Scenario Analysed & Forecast by M&M in Topical Study Published at MarketPublishers.com09 Jul 2015 • by Natalie Aster
LONDON – In 2015, the value of the worldwide market for animal vaccines stands at over USD 5.5 billion. The market is predicted to see a 5.5% CAGR through the next 5 years and exceed USD 7.19 billion in 2020. Growth in the world animal vaccines market is likely to be spurred by the rising number of animal disorders and diseases, increasing incidence of zoonotic diseases in humans, continuous research and development of new animal vaccines, increasing investments, technological innovations, lucrative investment opportunities, rising awareness of animal health in emerging economies, etc. However, there are certain factors restrainig the animal vaccines market growth including persistent economic slowdown, increasing interest towards vegetarian food, enhancing maintenance costs for vaccines storage and some other. The highest growth during the forecast period is expected to be registered in the DNA vaccines sector.
Favourable government initiatives in emerging markets such as the Middle East, Mexico, Brazil, Argentina, Turkey and China turn them into promising markets for animal vaccines. Meanwhile, major participants in the animal vaccines market launch new products and initiate new collaborations in order to increase their shares and satisfy customers’ demand. Bayer Healthcare, Heska, Boehringer Ingelheim, Virbac, Bioniche Animal Health, Zoetis, Merck Animal Health, Ceva, Merial, Elcano Animal Health are amid companies enjoing large shares of the animal vaccines market.
New publication “Veterinary / Animal Vaccines Market by Product (Livestock, Companion, Poultry, Equine, Porcine), Diseases (Rabies, Distemper, Foot & Mouth, Gumboro, Swine& Avian Influenza, Strangles) & Technology (Live attenuated, DNA, Inactivated) - Global Forecast to 2020” created by MarketsandMarkets (M&M) provides an all-encompassing analysis of the current situation in the animal vaccines market and offers a five-year forecast for the market.
The report includes a thorough examination of the market segmentation based on products, diseases, technologies and regions. It provides quantitative and qualitative information on the market performance, including data on the market size, shares, values and volume. Moreover, the research study analyses the market drivers, prospects, opportunities along with obstacles and challenges. The in-demand report scrutinises the competitive landscape of the world animal vaccines market and comprises profiles of the top players in the market, describing their new developments, technologies, R&D activities and new product launches. Also, the report highlights the fastest-growing segments and points out the most lucrative opportunities.
Veterinary / Animal Vaccines Market by Product (Livestock, Companion, Poultry, Equine, Porcine), Diseases (Rabies, Distemper, Foot & Mouth, Gumboro, Swine& Avian Influenza, Strangles) & Technology (Live attenuated, DNA, Inactivated) - Global Forecast to 2020
Date: June, 2015
Price: US$ 4,650.00
More topical market research reports by this publisher could be found at MarketsandMarkets page.