Veterinary Clostridium Vaccine Market New Developments, Competitive Landscape

Posted by vinit sawant on February 2nd, 2021

The global veterinary clostridium vaccine market was valued USD 461.7 million in 2017 and is predicted to grow at a 4.5% CAGR between 2018- 2023, reveals the new Market Research Future (MRFR) report. Clostridium bacteria are anaerobic in nature.

They are mostly found in the gut of animals and humans, and in soil. Vaccination plays a pivotal part in protecting animals against this disease. Generally, these vaccines are used for animals like poultry, caprine, swine, ovine, bovine, and others. Such vaccines come in different varieties, including combinations and single vaccines. The combination vaccines comprise toxoids, bacterins, or a mixture of toxoids and bacterins.

On the contrary, strict regulations, high treatment costs, and certain side effects are factors that may limit the global animal clostridium vaccine market growth over the forecast period.

Market Segmentation

The Market Research Future Report provides an inclusive segmental analysis of the global veterinary clostridium vaccine market based on distribution channels and animal type.

By type, the global veterinary clostridium vaccine market is segmented into poultry, caprine, swine, ovine, bovine, and others. Of these, the bovine segment will lead the market over the forecast period.

By distribution channels, the global veterinary clostridium vaccine market is segmented into retail pharmacy, veterinary research institute, veterinary clinic, and veterinary hospital. Of these, the veterinary hospital segment will dominate the market over the forecast period.