GLOBAL INDUSTRY INSIGHT:

Animal Vaccines Market Size, Share, Development, Growth and Demand Forecast to 2020

Global Animal Vaccines Market Size, Share, Development,

Growth and Demand Forecast to 2020

Like humans, animals also suffer from several infectious diseases such as rabies and foot and mouth disease.

Introduction of advanced veterinary medicines hold prime importance in the treatment of animal diseases.

However, prevention of diseases is also essential to provide immunity against various diseases. Prevention is

usually done by vaccination. Vaccination also reduces the multiple doses of antibiotics used to control established

diseases and has prevented long term suffering and death from diseases.

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The global animal vaccines market is segmented based on various products, technologies and animal diseases.

Product segment covers companion animal vaccines, poultry, livestock, porcine, aquaculture and equine. The

companion animal vaccine sub-segment is further sub-divided into feline vaccines and canine vaccines. The

livestock vaccines sub-segment includes bovine vaccines and ruminant vaccines. The livestock vaccines are the

largest sub-segment in global animal vaccines market. However, companion vaccine and aquaculture are fastest

growing sub-segments in global animal vaccines market.

Based on technology, the market is segmented into live attenuated vaccines, subunit vaccines, in-activated

vaccines, toxoid vaccines, recombinant vaccines, conjugate vaccines and DNA vaccines. DNA vaccine is the

fastest growing technology in global animal vaccines market. This is due to factors such as thermo-stability, easy

production, cost effectiveness and rapid development against emerging diseases. The animal diseases segment

covers rabies, foot and mouth disease, avian influenza, gumboro disease and strangles.

Europe dominates the global animal vaccines market followed by North America. Germany, France and the U.K.

are some of the largest markets for animal vaccines in Europe. The U.S., followed by Canada, is the largest

market for animal vaccines in North America. The key driving factor for animal vaccines market in these regions is

increasing research activities on various types of animal diseases. In addition, increased awareness about animal

health also has a strong positive impact on the growth of animal vaccines market in Europe and North America.

However, Asia-Pacific represents the fastest growing region in the global animal vaccines market. This is due to

minimal wages and availability of skilled professionals in the region. These factors attract vaccines manufacturing

companies to invest in the Asian countries. In addition, increasing awareness about animal health also boosts the

growth of animal vaccines market in the region. China, Japan and India are the largest animal vaccines markets

in the region.

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Global animal vaccines market is primarily driven by increasing incidences of zoonotic diseases in humans.

Rising prevalence of animal diseases and growing investment by government bodies are also enhancing the

growth of global animal vaccines market. In addition, technological innovations and introduction of innovative

vaccines, such as DNA, are recombinant vaccines, and have fueled the growth of animal vaccines market.

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Global Animal Vaccines Market Size, Share, Development,

Growth and Demand Forecast to 2020

Furthermore, improving animal healthcare facilities in developed and developing parts of the world provides

opportunity for the global animal vaccines market.

However, patent expiry of various major vaccines and increasing maintenance costs for vaccines are key

restraints of this market. Stringent regulations and legislations and shift towards vegetarian food by consumers

also obstruct the growth of global animal vaccines market. Rapid product launches and increasing mergers and

acquisitions between vaccines manufactures are emerging trends of the global animal vaccines market.

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Some of the major competitors in the market include Pfizer, Sanofi-Aventis, Bayer HealthCare, Novartis,

Boehringer Ingelheim, Ceva, Heska Corporation, Bioniche Animal Health Canada Inc. and Virbac.

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