The global animal vaccine market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2021-2027). The market growth is mainly attributed to the introduction of new animal vaccines and approval of the animal vaccine by the key market players, such as Boehringer Ingelheim, Elanco, Merck, and Zoetis Inc. For instance, in January 2019, Boehringer Ingelheim initiated the supply of its swine vaccine Ingelvac PRRS MLV produced in China. Along with the introduction of new vaccines, the market players are donating the vaccine dosage in underdeveloped economies, where it cannot be afforded by the public. In September 2019, Boehringer Ingelheim pledged to donate 60,000 IMRAB rabies vaccines for dogs in the next three years in Puerto Rico. Earlier this, the company has donated 75,000 doses of the rabies vaccine to the Global Alliance for Rabies Control (GARC) in recognition of World Rabies Day in September 2018.

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The animal vaccine market is anticipated to grow at a substantial CAGR of 6.8% during the forecast period (2020-2027). The increasing trend for the pet as a companion increases the possibility of zoonotic diseases (disease passing from animals & insects to people), which acts as one of the major factors for the growth of the market across the globe. According to the Centers for Disease Control and Prevention (CDC), zoonotic diseases are very common in the US and Europe. It is estimated that over 6 out of 10 infectious diseases in humans are spread from animals in the US. In May 2019, the CDC, in collaboration with the USDA and the U.S. Department of the Interior, released a list of the top 8 infectious diseases that can easily spread from animals to humans. These include salmonellosis, zoonotic influenza, West Nile virus, coronavirus, plague, rabies, Lyme disease, and brucellosis. Therefore, the CDC is undertaking initiatives to protect people from zoonotic diseases. This increases the demand for preventive vaccination, which in turn, fuels the demand for animal vaccines across the globe.

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The global animal vaccine market is analyzed based on the geographical regions that are contributing significantly to the growth of the market. Based on the geography, the market is bifurcated into North America (the US and Canada), Europe (Germany, Spain, Italy, France, the UK, and the Rest of Europe), Asia-Pacific (India, China, Japan South Korea, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East and Africa, and Latin America). North America is estimated to have one of the major shares in the animal vaccine market. The high adoption rate of pets and their mandatory vaccination are the major factors for the growth of the North American market. The increasing research on the animal vaccine to replace antibiotics and promote effective animal husbandry process can be considered as the major factor driving the market growth in Europe.

Global Animal Vaccine Market – Segmentation
by Type
Porcine Vaccines
Poultry Vaccines
Livestock Vaccines
Aquaculture Vaccines
Companion Animal Vaccines
Other Animal Vaccines
by Technology
Live Attenuated Vaccines
Killed/Inactivated Vaccine
Recombinant Vaccines
Other

Global Animal Vaccine Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
AniCon Labor GmbH
Bayer AG
Biogenesis Bago A.S.
Boehringer Ingelheim International GmbH
CevaAnimal Health LLC
Elanco Animal Health Inc. (Eli Lilly & Co.)
Hester Biosciences Ltd.
HIPRA S.A.
Hygieia Biological Laboratories
Indovax Pvt. Ltd.
Intervet International B.V.
Jinyu Bio-Technology Co, Ltd.
Merck & Co., Inc.
Neogen Corp.
Nisseiken Co. Ltd.
Phibro Animal Health Corp.
United Vaccines, Inc.
Vetoquinol S.A.
Virbac S.A.
Zoetis Inc.

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