Veterinary/Animal Vaccines Market Share, Analysis, Global Industry Demand, comprehensive evaluation and Business Opportunities 2023
The Global Veterinary/Animal Vaccines Market is expected to grow at an approximate CAGR of 5.65% during forecast period, 2018–2023. Increasing participation of market players is the key factor driving the animal vaccines market. For instance, in 2015, Boehringer Ingelheim launched two new swine vaccines against Porcine Reproductive and Respiratory Syndrome (PRRS) i.e. Ingelvac PRRSFLEX EU for piglets and ReproCyc PRRS EU for breeding gilts. Various other factors such as increasing incidence of livestock diseases, technological advancements, increasing adoption of companion animals, and rising government initiatives are also expected to propel the growth of the market. However, high storage costs for vaccines, and inadequate surveillance and reporting systems can hinder the market growth over the forecast period. Segmentation The Global Veterinary/Animal Vaccines Market is segmented based on type, technology, indications, composition and region. The Global Ve...