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Brucellosis Vaccine Market Trends

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

Brucellosis Vaccine Market Trends

  • The growth in livestock production, driven by rising global demand for animal products such as meat, milk, and dairy, creates a significant market opportunity for brucellosis vaccines. With larger livestock populations, there is a higher risk of brucellosis transmission, making vaccination a crucial preventive measure.
     
  • Livestock producers are increasingly investing in disease prevention strategies, including vaccination, to safeguard their herds and ensure the sustainability of their operations. This trend fuels demand for brucellosis vaccines, leading to market growth.
     
  • Additionally, brucellosis outbreaks not only pose significant economic losses to livestock producers but also raise public health concerns due to the zoonotic nature of the disease.
     
  • Thus, as the prevalence of brucellosis continues to rise, there is a heightened urgency to implement effective vaccination programs and control measures, further fueling the market growth.
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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