Brucellosis is caused by bacteria in animals. It is the most common infectious disease in animals such as dogs, pigs, goats, cattle, and sheep. It can also affect humans if they get in contact with animal or animal products infected or contaminated with bacteria. Key market players are increasingly adopting strategies like agreement & acquisition, which is likely to fuel the market growth. For instance, Hester Biosciences Limited entered into an agreement with Indian Veterinary Research Institute (IVRI) in September 2020 for acquiring technology of Brucella vaccine to develop the Brucella Abortus S19 Delta Pevaccine from IVRI Hester.
The global Brucellosis Vaccines Market is expected to have a value of US$ 224.64 million in 2022 and estimated to show a CAGR of 4.7% during the forecast period (2022-2030)
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Major market players are increasingly focusing on investments to expand brucellosis manufacturing plants and this is expected to propel growth of the global brucellosis vaccines market during the forecast period. For instance, Biovet Private Ltd. one of Indian companies that produces vaccines for animal health announced the investment of US$ 26,212,600 to expand its foot and mouth and manufacturing facilities for brucellosis vaccine in Malpur, Karnataka, India.
Factors such as harmful side effects related to brucellosis vaccines are likely to hinder growth of the global brucellosis vaccines market during the forecast period. For instance, in August 2017, the Journal of Veterinary Science published an article according to which, the current brucellosis vaccine used have at least one significant drawback such as serodiagnostic interference and residual virulence.
Furthermore, in July 2015, the same journal published an article according to which there are several drawbacks of brucellosis vaccines even after their efficiency, such as human pathogenicity, potential of causing abortion in pregnant animals and interference with diagnostic tests.
Key players functioning in the global brucellosis vaccines market are VETAL Animal Health Products Inc., Merck & Co., Inc., Veterinary Technologies Corporation, Fivet Animal Health, CZ Vaccines, Laboratorios Tornel, Colorado Serum Company, Jordan Bio-industries Center, Indian Immunologicals Ltd., and Hester Biosciences Limited.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Brucellosis Vaccines Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Brucellosis Vaccines Industry Impact
Chapter 2 Global Brucellosis Vaccines Competition by Types, Applications, and Top Regions and Countries
2.1 Global Brucellosis Vaccines (Volume and Value) by Type
2.3 Global Brucellosis Vaccines (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Brucellosis Vaccines Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Brucellosis Vaccines Market Analysis
Chapter 6 East Asia Brucellosis Vaccines Market Analysis
Chapter 7 Europe Brucellosis Vaccines Market Analysis
Chapter 8 South Asia Brucellosis Vaccines Market Analysis
Chapter 9 Southeast Asia Brucellosis Vaccines Market Analysis
Chapter 10 Middle East Brucellosis Vaccines Market Analysis
Chapter 11 Africa Brucellosis Vaccines Market Analysis
Chapter 12 Oceania Brucellosis Vaccines Market Analysis
Chapter 13 South America Brucellosis Vaccines Market Analysis
Chapter 14 Company Profiles and Key Figures in Brucellosis Vaccines Business
Chapter 15 Global Brucellosis Vaccines Market Forecast (2022-2028)
Chapter 16 Conclusions
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