North American animal vaccine market

Posted by Avinash on February 3rd, 2020

North American animal vaccine market is estimated to grow at a CAGR of around 6.1% during the forecast period. Owing to the growing demand for chicken, the farmers in the UK has been increasing the production every year. With the increasing chicken production, the prevalence of diseases among chickens is also growing in the country. Some common poultry diseases include mycoplasma, salmonelloses, and avian tuberculosis. Therefore, poultry vaccines are being significantly used for the prevention and controlling of contagious poultry diseases. There is a significant awareness regarding poultry science among farmers, which in turn, is further encouraging the growth of the market.

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Additionally, farmers are replacing antibiotics with timely vaccination for poultry farming. The adverse effect of antibiotics on chick’s health and environmental concerns is driving the replacement. Therefore, with the growing rate of replacement, farmers are increasing the use of regular vaccinations for the poultry animals  in order to maximize the production of healthy poultry food.

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In order to survive in the market, these players are adopting crucial strategies, such as mergers and acquisitions, product launches, and partnerships and collaborations. This enables the company to increase its competitiveness and attract significant share in the market. For instance, in February 2019, MSD Animal Health, a division of Merck & Co., Inc. declared the introduction of their new triple action pig vaccine to control erysipelas, porcine parvovirus and leptospirosis, offering up to 12 months’ immunity. The first of its kind vaccine, PORCILIS Ery+Parvo+Lepto offers protection against three of the major diseases that cause reproductive failures in pigs.

Some crucial players in the North American animal vaccine marketinclude Zoetis, Inc., Elanco, Merck & Co., Inc., Animalcare Group plc and Bayer AG

Secondary Sources Include:

  • Financial reports of companies involved in the market
  • Authentic public databases 
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalog

North American animal vaccine market Segmentation:

By Type-

  •          Porcine Vaccines
  •          Poultry Vaccines
  •          Livestock Vaccines
  •          Aquaculture Vaccines
  •          Companion Animal Vaccines
  •          Other Animal Vaccines

By Technology-

  •          Live Attenuated Vaccine
  •          Killed/Inactive Vaccine
  •          Recombinant Vaccine
  •          Vectored Vaccine
  •          Subunit Vaccine 
  •          DNA Vaccine
  •          Chimeric Vaccin

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Avinash

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Avinash
Joined: January 27th, 2020
Articles Posted: 123

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