The Veterinary/Animal Vaccines Market was worth USD 6422.15 Million in 2016 and is projected to reach around USD 9276.61 Million by 2023

Pune, India -- (SBWire) -- 11/14/2018 --We have produced a new premium report Veterinary/Animal Vaccines Market. The report covers the analysis of global as well as regional markets of Veterinary/Animal Vaccines. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Veterinary/Animal Vaccines Market by type (aquaculture, companion animal, porcine, poultry, livestock vaccines), disease (aquaculture, companion animals, livestock, poultry, porcine), and technology (recombinant, toxoid, live attenuated, inactivated vaccines) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Veterinary/Animal Vaccines Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Veterinary/Animal Vaccines Market are Jinyu Bio-Technology, Zoetis, China Animal Husbandry, Merck Animal Health, Tianjin Ringpu, Boehringer Ingelheim, Hipra, Phibro Animal Health, Vetoquinol, and Virbac.

"The Veterinary/Animal Vaccines Market was worth USD 6422.15 Million in 2016 and is projected to reach around USD 9276.61 Million by 2023. The Veterinary/Animal Vaccines Market is estimated to grow at a CAGR of 5.41% during the forecast period 2018-2024. The North America region accounted for the largest market share of approximate 40% in 2016 and is expected to remain dominant through the forecast period. The Asia-Pacific region is expected to grow at highest CAGR of 7.16% during the forecast period."

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The report also identifies the drivers and restraints that affect the Veterinary/Animal Vaccines market over the period of 2017 to 2023.

Enhanced route of Administration

Enhanced route of administration is one of the recent trends in the global Veterinary/Animal Vaccines market. Moreover, this trend is further anticipated to drive the global Veterinary/Animal Vaccines market over the forecast period. Furthermore, advancements in the formulations have made commercialization of modified products which can be easily administered through oral route and is one of the key factors responsible for the growth of this trend.

Growing prevalence of livestock diseases

Growing prevalence of livestock disease is the key factor responsible for the growth of global Veterinary/Animal Vaccines market. Moreover, rising livestock population and increasing animal husbandry are the prime factors responsible for the growth of prevalence of livestock diseases. Furthermore, commercialization of animal products owing to growth in livestock disease will further drive the global veterinary/animal vaccines market.

North America region is the largest consumer among the geographies followed by Europe while APAC to grow at a highest CAGR

The global Veterinary/Animal Vaccines market has been dominated by the North America region over the historic period 2015-16 followed by Europe. Large scale production and consumption of veterinary/animal vaccines materials as well as rising pet population are the prime factor responsible for the growth of Veterinary/Animal Vaccines market in this region. Furthermore, the Asia-Pacific region is expected to grow at a highest CAGR over the period of 2017 to 2023. Moreover, rising livestock population as well as growing R&D expenditure and increasing government initiatives in developing economies are anticipated to boost the market for Veterinary/Animal Vaccines.

Major Key Players Covered in this Premium Report

The companies covered in the report include Jinyu Bio-Technology, Zoetis, China Animal Husbandry, Merck Animal Health, Tianjin Ringpu, Boehringer Ingelheim, Hipra, Phibro Animal Health, Vetoquinol, and Virbac.

Purchase Global Veterinary/Animal Vaccines market by type (aquaculture vaccines, companion animal vaccines, porcine vaccines, poultry vaccines, livestock vaccines, and other animal vaccines), by disease (aquaculture, companion animals, livestock, poultry, and porcine), by technology (recombinant vaccines, toxoid vaccines, live attenuated vaccines, and inactivated vaccines) and by region (North America, Europe, Asia Pacific, Latin America and RoW) report on https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-veterinary-animal-vaccines-market

Reasons to buy this report

Comprehensive analysis of global as well as regional markets of Veterinary/Animal Vaccines

Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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