Animal Vaccines Market Size, Share, Development, Growth and Demand Forecast to 2020
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GLOBAL INDUSTRY INSIGHT:<br />
<strong>Animal</strong> <strong>Vaccines</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>, <strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong><br />
<strong>Forecast</strong> <strong>to</strong> <strong>2020</strong>
Global <strong>Animal</strong> <strong>Vaccines</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>,<br />
<strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> <strong>2020</strong><br />
Like humans, animals also suffer from several infectious diseases such as rabies <strong>and</strong> foot <strong>and</strong> mouth disease.<br />
Introduction of advanced veterinary medicines hold prime importance in the treatment of animal diseases.<br />
However, prevention of diseases is also essential <strong>to</strong> provide immunity against various diseases. Prevention is<br />
usually done by vaccination. Vaccination also reduces the multiple doses of antibiotics used <strong>to</strong> control established<br />
diseases <strong>and</strong> has prevented long term suffering <strong>and</strong> death from diseases.<br />
Explore more or request TOC on “Global <strong>Animal</strong> <strong>Vaccines</strong> <strong>Market</strong>” at:<br />
https://www.psmarketresearch.com/market-analysis/animal-vaccines-market<br />
The global animal vaccines market is segmented based on various products, technologies <strong>and</strong> animal diseases.<br />
Product segment covers companion animal vaccines, poultry, lives<strong>to</strong>ck, porcine, aquaculture <strong>and</strong> equine. The<br />
companion animal vaccine sub-segment is further sub-divided in<strong>to</strong> feline vaccines <strong>and</strong> canine vaccines. The<br />
lives<strong>to</strong>ck vaccines sub-segment includes bovine vaccines <strong>and</strong> ruminant vaccines. The lives<strong>to</strong>ck vaccines are the<br />
largest sub-segment in global animal vaccines market. However, companion vaccine <strong>and</strong> aquaculture are fastest<br />
growing sub-segments in global animal vaccines market.<br />
Based on technology, the market is segmented in<strong>to</strong> live attenuated vaccines, subunit vaccines, in-activated<br />
vaccines, <strong>to</strong>xoid vaccines, recombinant vaccines, conjugate vaccines <strong>and</strong> DNA vaccines. DNA vaccine is the<br />
fastest growing technology in global animal vaccines market. This is due <strong>to</strong> fac<strong>to</strong>rs such as thermo-stability, easy<br />
production, cost effectiveness <strong>and</strong> rapid development against emerging diseases. The animal diseases segment<br />
covers rabies, foot <strong>and</strong> mouth disease, avian influenza, gumboro disease <strong>and</strong> strangles.<br />
Europe dominates the global animal vaccines market followed by North America. Germany, France <strong>and</strong> the U.K.<br />
are some of the largest markets for animal vaccines in Europe. The U.S., followed by Canada, is the largest<br />
market for animal vaccines in North America. The key driving fac<strong>to</strong>r for animal vaccines market in these regions is<br />
increasing research activities on various types of animal diseases. In addition, increased awareness about animal<br />
health also has a strong positive impact on the growth of animal vaccines market in Europe <strong>and</strong> North America.<br />
However, Asia-Pacific represents the fastest growing region in the global animal vaccines market. This is due <strong>to</strong><br />
minimal wages <strong>and</strong> availability of skilled professionals in the region. These fac<strong>to</strong>rs attract vaccines manufacturing<br />
companies <strong>to</strong> invest in the Asian countries. In addition, increasing awareness about animal health also boosts the<br />
growth of animal vaccines market in the region. China, Japan <strong>and</strong> India are the largest animal vaccines markets<br />
in the region.<br />
Global animal vaccines market is primarily driven by increasing incidences of zoonotic diseases in humans.<br />
Rising prevalence of animal diseases <strong>and</strong> growing investment by government bodies are also enhancing the<br />
growth of global animal vaccines market. In addition, technological innovations <strong>and</strong> introduction of innovative<br />
vaccines, such as DNA, are recombinant vaccines, <strong>and</strong> have fueled the growth of animal vaccines market.<br />
© P&S <strong>Market</strong> Research. All rights reserved 2
Global <strong>Animal</strong> <strong>Vaccines</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Development</strong>,<br />
<strong>Growth</strong> <strong>and</strong> Dem<strong>and</strong> <strong>Forecast</strong> <strong>to</strong> <strong>2020</strong><br />
Furthermore, improving animal healthcare facilities in developed <strong>and</strong> developing parts of the world provides<br />
opportunity for the global animal vaccines market.<br />
However, patent expiry of various major vaccines <strong>and</strong> increasing maintenance costs for vaccines are key<br />
restraints of this market. Stringent regulations <strong>and</strong> legislations <strong>and</strong> shift <strong>to</strong>wards vegetarian food by consumers<br />
also obstruct the growth of global animal vaccines market. Rapid product launches <strong>and</strong> increasing mergers <strong>and</strong><br />
acquisitions between vaccines manufactures are emerging trends of the global animal vaccines market.<br />
Browse related market research at: https://www.psmarketresearch.com/industry-report/healthcare<br />
Some of the major competi<strong>to</strong>rs in the market include Pfizer, Sanofi-Aventis, Bayer HealthCare, Novartis,<br />
Boehringer Ingelheim, Ceva, Heska Corporation, Bioniche <strong>Animal</strong> Health Canada Inc. <strong>and</strong> Virbac.<br />
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