Global Poultry Vaccines Market: By Vaccine Type Inactivated Vaccines, Live Attenuated Vaccines, Recombinant Vaccines, By Formulation Dry Form Duct Vaccines, Liquid Vaccines, Freeze Dried Vaccines, By Application Marek’s Disease, Newcastle Disease, Infectious Bursal Disease, Infectious Bronchitis, Others, and Geography – Poultry Vaccines Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Vaccines are biological preparations that provide acquired immunity to particular disease in human beings or animals. Poultry vaccines are used to prevent or cure the various diseases in poultry such as Marek’s disease, Newcastle disease, and infectious diseases among others. Increase in the demand for healthy meat, rise in number of poultry industries, grow in R&D for the innovation of newer vaccines, and rise in prevalence of various infectious diseases are anticipated to fuel poultry vaccines market over the forecast period. Furthermore, government initiations for protecting the animal health, rise in veterinary healthcare expenditure, and vaccination programs organized by the companies are expected to boost the poultry vaccines market over the forecast period. However, stringent regulatory guidelines for the vaccine approval, adverse effects associated with vaccines, high R&D expenditure, and increase in adoption of vegetarian food may restrain the growth of poultry vaccines market over the forecast timeframe.
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Based on the vaccine type, the market is segmented into the following:
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Geographically, global poultry vaccines market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America poultry vaccines market has a significant share owing to rise in demand for healthy meat, increase in R&D for the innovation of newer vaccines, and rise in veterinary healthcare expenditure. Europe poultry vaccines market is growing due to launching of newer vaccines into market, rise in prevalence of poultry diseases, and grow in per capita income. Asia Pacific poultry vaccines market expected to exhibit significant growth rate over the forecast period owing to increase in poultry production, government vaccination programs, and rise in population demand for healthy meat in China and India. Latin America poultry vaccines market growing due to adoption of newer vaccines, economic growth, and increase in consumption of poultry meat are propel the market. Middle East and Africa poultry vaccines market is driven by expansion of business by companies, rise in prevalence of zoonotic diseases, and increase in awareness about the vaccines expected to upsurge the revenue of market.
Key player profiles in the global poultry vaccines market include:
In November 2018, French firm Ceva Sante Animale launched two new poultry vaccines in India through joint venture with Ceva Polchem for the treatment of Gumboro disease and Ranikhet disease.
Key Features of the Report:
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