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Animal Vaccines Market Share

Report ID: GMI3117
Published Date: Aug 2021
Report Format: PDF

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Animal Vaccines Market Share

Some of the major companies operating in the market are

Ceva Sante Animale
Boehringer Ingelheim Animal Health
Dechra Pharmaceuticals
Elanco Animal Health
Merck Animal Health
Hipra Animal Health Limited
Zoetis
Neogen Corporation

These major leaders emphasize on adopting strategic formulations such as research collaborations, vertical integration, new product development & commercialization for business expansion. Furthermore, these participants are expanding their geographical presence to untapped geographies that allows them to enter new markets and garner maximum revenue share.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global industry share of animal vaccines was valued at USD 7.9 billion in 2020 and will observe a 5.8% CAGR up to 2027 due to the rising number of foodborne and zoonotic diseases.

Farm animal vaccines market size crossed USD 5.49 billion in 2020 and will grow significantly with the higher prevalence of zoonoses in these animals.

The viral infections vaccines market is expected to record more than USD 6.34 billion through 2027 owing to the rising instances of viral infections across the world.

The injection route of administration exceeded USD 4.57 billion in 2020 and will expand with the surging need to reduce the potential adverse reactions at the injection site.

U.S. market revenue is set to exceed USD 4.20 billion by 2027 driven by the rising adoption of pets, growing pet care expenditure, and the increasing prevalence of zoonotic diseases across the country.