Poultry Vaccine Market Size, Share, Demand, Growth, Trend and Forecast by 2023

Market Overview:

During the forecast period from 2018 to 2023, the global poultry vaccine market is expected to record a CAGR of 5.1 percent. Demand for poultry vaccines is motivated primarily by rising headcount and meat consumption of poultry, public initiatives, technological progress, and increasing demand for food products related to poultry. In terms of food intake, the poultry segment is expected to overtake the swine segment by the end of the century. In addition, the recent techniques for the production of fresh vaccines and the growing expenditure on poultry healthcare are factors that fuel the development of the worldwide market for poultry vaccines.

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Growing Incidence of Zoonotic and Food-borne Disorders:

Zoonoses are infections or illnesses that can be directly or indirectly transferred between livestock and humans, e.g. by consuming contaminated food or by contact with infected animals. In humans, the severity of these illnesses differs from mild symptoms to circumstances that threaten life. Food-borne disease is the result of contaminated food ingestion. Salmonella and Campylobacter are two zoonotic pathogens that are often harbored in the intestinal tract of food animals, such as chicken, swine, and cattle, and are the world s major causes of foodborne disease. The latest U.S. research estimated that 9.4 million episodes of foodborne illness happen each year, 11% of which are caused by Salmonella and 9% by Campylobacter. Salmonella, as well as gastroenteritis, is a major cause of hospitalization and death. The animals have illnesses and are transmitted to humans through the food chain and pose a danger.

Also driving the Poultry Vaccines market are the other factors such as increased pet ownership and rising demand for improved nutrition and increased focus on food safety.

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Use of Counterfeit Medicines:

A disease in the herd can mean hardship or even ruin for millions of animal owners around the world. Therefore, access to efficient veterinary therapy is crucial for the livelihoods of many people. Many factors can make it difficult to get good treatment, such as veterinary shortage and high care costs. To make matters worse, counterfeit or under-standard drugs have penetrated many markets and are often difficult to say apart from the true thing. Medicine quality has been a significant public health issue for a long time, especially in developing nations. Sometimes products are purchased without little or no active ingredient or without proper labeling – sometimes imitating well-known companies packaging. Such deceptions can be as easy as diluting bottled drugs by a shopkeeper or involving advanced global criminal networks. This may demonstrate to be a market restraint.

Another market restriction is to increase the cost of animal testing and veterinary services.

Due to the growing demand for poultry food products, technological advancement and increasing investment in animal health, North America is leading the global market for poultry vaccines. Europe has followed North America and is the second biggest poultry vaccine producer worldwide. The Asia-Pacific market is expected to see a high level of development due to increased manufacturing of poultry and increased knowledge of veterinary vaccines.

Key Trends in the Poultry Vaccines Market:

In April 2017: Zoetis finished the purchase of Nexvet, a biological therapy firm that develops a pipeline of monoclonal antibody therapies in pain and other therapeutic regions for

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Key Players in the Poultry Vaccines Market:

• AniCon Labor GmbH
• Animal Science Products, Inc.
• Bio-Vet
• Boehringer Ingelheim
• Ceva Animal Health, among others

Table of Content Covers the Topics mentioned below

1. Introduction
2. Research Methodology
3. Market Analysis
4. Industry Dynamics
5. Worldwide Market – by Diseases
6. Global Market – by Technology
7. Poultry Vaccines Market – by Geography
8. Poultry Vaccines Industry – Company Profiles
9. Market Competitive Landscape
10. Market Insights
11. Appendix

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