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Brucellosis Vaccine Market Size

  • Report ID: GMI9544
  • Published Date: May 2024
  • Report Format: PDF

Brucellosis Vaccine Market Size

Brucellosis Vaccine Market size in 2023 accounted for USD 242.4 million and is projected to grow at CAGR of 4.9% between 2024 and 2032. One of the major drivers is the increasing prevalence of brucellosis in livestock, leading to significant economic losses in the agricultural sector.

 

Additionally, the rising awareness about the importance of vaccination among farmers and veterinarians is boosting the demand for brucellosis vaccines. Government initiatives and programs aimed at controlling and eradicating brucellosis are also fueling market growth. Furthermore, advancements in vaccine development technologies, such as recombinant DNA technology are expected to drive innovation in the brucellosis vaccine market, leading to the development of more effective and safer vaccines, thereby boosting the market growth.

 

Brucellosis vaccine is a type of animal vaccines developed to prevent brucellosis, a bacterial infection caused by various species of Brucella bacteria, including Brucella abortus, Brucella melitensis, and Brucella suis. These vaccines are primarily used in veterinary medicine to protect livestock, such as cattle, goats, sheep, and pigs, from contracting the disease.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global brucellosis vaccine market size accounted for USD 242.4 million in 2023 and is projected to grow at 4.9% CAGR during 2024-2032, driven by increasing prevalence of brucellosis in livestock.

The RB51 vaccine type segment in the brucellosis vaccine recorded 43.7% share in 2023 and will expand rapidly through 2032, as it has demonstrated high efficacy in protecting against brucella abortus infection in cattle.

North America brucellosis vaccine market size was valued at USD 99.4 million in 2023 and is predicted to reach USD 150.7 million by 2032, owing to significant livestock population, particularly cattle, which is highly susceptible to brucella abortus infection.

Ceva, Colorado Serum Company, Creative Biolabs, CZ Vaccines, Fivet Animal Health, Hester Biosciences Limited, Indian Immunologicals Ltd., Jordan Bio-industries Center and Laboratories Tornel among others.

Brucellosis Vaccine Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 274
  • Countries covered: 22
  • Pages: 154
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