Global Newcastle Disease Vaccine Market is valued at USD 298.7 Million in 2021 and is expected to reach USD 374.9 Million by 2028 with a CAGR of 3.3% over the forecast period.
Global Newcastle Disease Vaccine Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Rising demand for poultry health coupled with the increasing poultry headcount and increasing prevalence of zoonotic diseases in poultry are driving the growth of the Global Newcastle disease vaccine market.
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Scope of Global Newcastle Disease Vaccine Market:-
Over the last few years, hens have been plagued by a number of infectious diseases. The most serious of these is the viral disease known as Newcastle disease, which causes severe damage to commercial and village hens in the last few years, killing millions of hens. The use of Newcastle disease vaccine to reduce the damage caused to a large number of village hens by viral Newcastle disease is a necessary and the best first step to improving their productivity. Newcastle disease has been shown to be controlled by the use of the Newcastle disease vaccine. There are several Newcastle disease vaccines currently available in the market for use in commercial hens. They are also available in the international market. The I-2 Newcastle disease vaccine has been developed exclusively for local or regional production and is being used to control Newcastle disease in village hens.
The outbreak of Covid-19 has certainly affected the global Newcastle disease vaccine market. The lockdown has forced veterinarians to close their operations, or even if the vet is open, in the meantime people were afraid to go to the veterinarian for vaccinations. As a result, the market for the Newcastle disease vaccine has declined significantly in 2020. Strict regulations on animal vaccination to prevent the spread of the disease after the Covid-19 pandemic are expected to boost the market growth in the next few years.
Global Newcastle Disease Vaccine Market Segmentation:–
The Global Newcastle disease vaccine market is segmented into type, species, and region & country level. On the basis of type, the Newcastle disease vaccine market is segmented into live vaccine and killed vaccine. On the basis of species, the Newcastle disease vaccine market is segmented into chicken, duck & goose and other.
- Live Vaccine
- Killed Vaccine
- Duck & Goose
Key Players of Global Newcastle Disease Vaccine Market:-
The key players for global Newcastle disease vaccine market include
- Merck Animal Health
- Kyoto Biken
- ChengDu Tecbond
- Sindh Poultry Vaccine Centre
- QYH Biotech
- Ringpu Biology
News-Merck Health Launched Next Live Poultry Vaccine for Highly Contagious and Incurable Diseases in the United State
On March 18th, 2019; Merck Animal Health, a division of Merck & Co, announced the launch of INNOVAX ND-ILT for Infectious and Untreated Diseases, which protects poultry against three highly contagious diseases; Newcastle Disease (ND), Infectious Laryngotrachitis (ILT), and Marek Disease (MD) when fed to chickens under the skin in an oven or hatchery.
Merck Animal Health Launched the First Live Poultry Vaccine in the United State to Combat Many Untreated Diseases
On November 7th, 2018; Merck Animal Health announced the company launched the first live poultry vaccine, INNOVAX-ND-IBD, in the US to combat multiple and untreated diseases. Biotechnology protects poultry from three highly contagious diseases – Newcastle Disease (ND), Infectious Bursal Disease (IBD), and Marek Disease (MD). This vaccine provides simultaneous protection against ND, IBD, and MD when given to subcutaneous hens in the ovary or hatchery.
The North American is expected to dominate the global Newcastle disease vaccine market during the forecast period owing to the increasing consumption of poultry-related foods, high prevalence of avian diseases, and consumer perception of food security are in this region, especially in the US; moreover, poultry meat production has played a significant role. According to The Humane League; the over time, meat consumption and consumption in the United States has gradually increased, along with production. Between 1961 and 2018, annual meat production increased by over 30 million tonnes, representing an increase of 184%. Furthermore, the adoption of the country’s poultry vaccines is being driven by joint strategic projects and acquisitions to improve bird health which is also supplementing the market growth.
Market value is expected to rise sharply in the Asia-Pacific region. Asia-Pacific countries have heterogeneous classes of economic development, which results in different approaches to vaccination. Japan is expected to capture the major share of the Asia-Pacific market. In Europe, on the other hand, the market is expected to grow steadily. High-growth countries such as Germany and France are expected to contribute to the expansion of the European market.
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