This “Veterinary Vaccines Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Veterinary Vaccines market can use for expanding their business in untapped market to increase their customer base.
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Veterinary Vaccines Market Covers Manufacturers:
Scope of the Report:
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Key Market Trends:
Canine Vaccines Sub-segment holds the Largest Market Share in the Companion Vaccine Segment
Veterinary vaccines are used primarily for livestock, as they suffer from various diseases, such as bluetongue virus, foot-and-mouth disease (FMD), and rabies, among others. However, canine vaccine, which is a sub-segment of the companion animal vaccines segment, dominated the market in terms of revenue. Vaccination has long been a principal point of canine practice since it is one of the safest and most cost-effective means of infectious disease prevention. The rapid proliferation of companion animal vaccines, advancement in diagnostic services and vaccine technology, and concerns over vaccine safety have contributed to the strong growth of the canine vaccine segment. Moreover, the market is being positively affected by evolving vaccine protocols with continuous changing patterns of diseases and pet population.
North America Dominates the Market by Value and Asia-Pacific is expected to grow with the Highest Growth Rate
North America held the largest share of USD 3,191.72 million in 2018 and is expected to reach USD 4,491.75 million by 2024, at an estimated CAGR of 5.86%, over the forecast period. However, due to the increasing adoption of veterinary vaccines for quality food products and better animal health, Asia-Pacific is projected to experience rapid growth, while recording a CAGR of 6.10% during the forecast period.
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Target Audience of Veterinary Vaccines Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Veterinary Vaccines Market Report:
- Analyzing various perspectives of the Veterinary Vaccines market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Veterinary Vaccines market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Veterinary Vaccines market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Veterinary Vaccines market studied, during the forecast period
- The segments that are expected to dominate the Veterinary Vaccines market studied.
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