IMARC Group, a leading market research company, has recently releases report titled “Poultry Vaccines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global poultry vaccines market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global poultry vaccines market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
Poultry disease refers to an infectious animal disease affecting various poultry species, including chicken, turkey, duck, goose, etc. It causes diarrhea, facial edema, twisting of the neck, paralysis of wings and legs, cyanosis of comb, reduced egg production, sudden death, etc. Consequently, poultry animals undergo vaccination to boost their immunity and produce antibodies, which can inactivate pathogens.
Poultry vaccines also aid in preserving the health of these animals by functioning as a preventive measure against the outbreak of contagious diseases. Presently, they can be administered via injections, feed, eye-drop, drinking water, etc.
The escalating prevalence of zoonotic diseases, such as avian influenza and bird flu, is one of the primary factors driving the poultry vaccines market. Furthermore, the increasing demand for animal disease diagnostics and treatments is also catalyzing the market growth. Besides this, the growing consumption of animal-derived products and the rising concerns towards food safety are further augmenting the global market.
Moreover, several leading market players are investing in research and development (R&D) activities for introducing advanced poultry vaccines to help in protecting animals against infectious bursal diseases, infectious bronchitis, virulent Newcastle disease (VND), etc., which is also bolstering the market growth. In addition to this, the introduction of non-replicating recombinant antigens and live-gene detected vaccines is expected to stimulate the poultry vaccines market over the forecasted period.
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Competitive Landscape With Key Players:
The competitive landscape of the global poultry vaccines market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Disease:
Breakup by Product:
Breakup by Dosage Form:
Breakup by Application:
Breakup by End User:
Breakup by Region:
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