The global poultry vaccines market accounted for over US$ 1529 million in 2019. It is anticipated to grow at a CAGR of ~7% from 2020 to 2030.
The increasing burden of poultry diseases, such as avian in?uenza, Marek’s disease, and salmonellosis, is promoting poultry vaccination. Moreover, companies are putting in collaborative efforts to prevent the spread of poultry diseases. For instance, in February 2019, Merck Animal Health, a division of Merck & Co., Inc. entered into a collaboration with Rapid Genomics to grant the company exclusive rights to Rapid Genomics’ vaccination verification tool, Viral Flex-Seq. This partnership will facilitate better optimization and efficient disease management in poultry by improving animal health. However, the high cost of vaccine storage will hinder market growth.
Some of the prominent players in the global poultry vaccines market are Ceva, Zoetis, Eli Lilly and Company, Indovax, Hester Biosciences Limited, Elanco, Intervet Inc, AniCon Labor GmbH, Boehringer Ingelheim, and Venkys, among others.
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There are several diseases, which have greater consequences in the bird population. Owing to the growing concerns of such diseases, several initiatives are being enforced. For instance, the increasing burden of the pullorum-typhoid disease led to the creation of the National Poultry Improvement Plan. Moreover, the major market players are contributing significantly toward the innovation of novel vaccines to safeguard poultry animals. For instance, in March 2018, Ceva launched a “new wave of innovation” program. Several novel vaccines were introduced in this program including double insert vector vaccine against ND and IBD, a range of Coccidiosis vaccines (Immucox 3, Immucox 5 and Immucox T) for broilers, breeders, and Turkeys and Immune complex vaccines for the protection of broilers, breeders, and layers against IBD.
The key players are focusing on developing new vaccines to combat a wide range of diseases in poultry animals. For instance, in January 2020, Boehringer Ingelheim launched a vaccine, VAXXITEK HVT+IBD+ND, to provide optimized protection against Marek’s Disease, Infectious Bursal Disease (classic and variant types), and Newcastle Disease. The new product will help to provide flexibility and expected protection against three diseases through a single vaccine. Additionally, technological advancements are playing a key role in developing new & modified vaccines, which offer better protection against diseases. For instance, in January 2020, Merck Animal Health, a division of Merck & Co., Inc. introduced Innoject Pro at the 2020 International Production & Processing Expo (IPPE) held in Atlanta, Georgia. Innoject Pro is a newly designed subcutaneous chicken vaccination technology, which provides increased accuracy of injection, higher stability during the vaccination process and improved operator safety.
Segmentation Based On:
GLOBAL POULTRY VACCINES MARKET – ANALYSIS & FORECAST, BY PRODUCT TYPE
GLOBAL POULTRY VACCINES MARKET – ANALYSIS & FORECAST, BY APPLICATION
GLOBAL POULTRY VACCINES MARKET – ANALYSIS & FORECAST, BY DOSAGE FORM
Freeze Dried Vaccine
Duct (Dry Form)
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Table of Contents
- Market Definition
- Market Ecosystem
- Market Classification
- Geographic Scope
- Years Considered for the Study
- Historical Years – 2016 & 2017
- Base Year – 2018
- Forecasted Years – 2019 to 2030
- Currency Used for the Study
- Report Beneficiary List
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottoms Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations of the Study
- Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- UNIQUE SELLING PROPOSITIONS (USPs)
- Technological Advancement
- Application Horizon Assessment
- Initiatives Assessment: Government & Private Bodies
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