Global Animal Vaccines Market 2018-2022

Global Animal Vaccines Market 2018-2022

About Animal Vaccines

Animal vaccines are biological preparations used to stimulate the immune system of animals to develop adaptive immunity to a pathogen. All animal vaccines undergo regulatory approval processes, the same as human vaccines, before they gain a product license for sale.

Technavio’s analysts forecast the Global Animal Vaccines Market to grow at a CAGR of 4.84% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the animal vaccines market. To calculate the market size, the report considers the revenue generated from the retail sales of animal vaccines across the globe.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, animal vaccines market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Bayer
• Eli Lilly (Elanco Animal Health)
• Merck
• Boehringer Ingelheim

Market driver

• Increase in demand for livestock products
• For a full, detailed list, view our report

Market challenge

• Difficulties associated with animal vaccine storage and handling
• For a full, detailed list, view our report

Market trend

• Different vaccine delivery routes based on the target species
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

PRESS RELEASE

Technavio Announces the Publication of its Research Report - Global Animal Vaccines Market 2018-2022

Technavio recognizes the following companies as the key players in the global animal vaccines market: Bayer, Eli Lilly (Elanco Animal Health), Merck, and Boehringer Ingelheim.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market are the different vaccine delivery routes based on the target species. The development of animal vaccines is not only influenced by the type of antigens but also by the route of administration.”

According to the report, one driver influencing this market is the increase in demand for livestock products. The increase in the consumption of livestock products such as meat, milk, and eggs are expected to drive the growth of the global animal vaccines market.

Further, the report states that one challenge affecting this market are the difficulties associated with animal vaccine storage and handling. Animal vaccines require a strictly maintained cold chain logistics and most developing countries require huge investments to maintain effective cold chain logistics and a proper vaccine management system.

Companies Mentioned

Bayer
Eli Lilly (Elanco Animal Health)
Merck
Boehringer Ingelheim