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Dog Vaccine Market Size

Report ID: GMI9817
Published Date: Jun 2024
Report Format: PDF

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Dog Vaccine Market Size

Dog Vaccine Market size was valued at USD 1.8 billion in 2023 and is estimated to grow at 5.8% CAGR from 2024 to 2032. The expansion of this market is driven by increased awareness of pet health coupled with rising incidences of canine diseases such as rabies, parvovirus, and distemper and other diseases which emphasize the need for vaccinations. Also, the rising ownership among millennials and their emphasis on preventive healthcare for dogs are expected to significantly propel the vaccine market.

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According to the National Pet Owners Survey conducted by the American Pet Products Association, Inc. in 2023-2024, millennials accounted for the largest share of pet ownership at 33%. Similarly, an article published by Women's Health (Hearst UK) in May 2023 highlighted a survey revealing that 63% of millennials are investing more in their dogs than themselves.

Dog Vaccine Market Report Attributes
Report Attribute	Details
Base Year:	2023
Dog Vaccine Market Size in 2023:	USD 1.8 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	5.8%
2024 – 2032 Value Projection:	USD 2.9 Billion
Historical Data for:	2021 – 2023
No. of Pages:	160
Tables, Charts & Figures:	269
Segments covered:	Vaccine Type, Disease Type, Route of Administration, End-use, and Region
Growth Drivers:	Adverse effects and the hesitancy for the vaccination Stringent regulatory requirements
Pitfalls & Challenges:	Adverse effects and the hesitancy for the vaccination Stringent regulatory requirements

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Dog vaccine is a biological preparation that helps protect dogs from various diseases by stimulating their immune system to recognize and fight against specific pathogens. Vaccines contain antigens that mimic disease-causing organisms, triggering an immune response without causing the disease. This prepares the dog's immune system to recognize and respond to future infections, reducing the risk of serious illness or death.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of dog vaccine reached USD 1.8 billion in 2023 and is set to witness 5.8% CAGR from 2024 to 2032, owing to the increasing awareness of pet health coupled with rising incidences of canine diseases.

The live attenuated vaccine type segment in the dog vaccine industry accounted for USD 800.4 million in 2023, as it provides effective and durable protection against various canine diseases.

The canine parvovirus disease type segment recorded 25.3% share in 2023, owing to its high contagiousness and severe impact on canine health.

U.S. market size was USD 683.4 million in 2023, led by the presence of large population of pet dogs and well-established veterinary health infrastructure and clinics.