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Veterinary Vaccines Market Major Development Trend, Key Factor Analysis and Forecasts 2018 to 2023
A vaccine is a biological preparation containing a weakened or killed microbial agent, its toxins or its surface proteins, which provides active acquired immunity against a disease. The aim of vaccination is to stimulate and train the body immunity to recognize and destroy the microbial threat in later encounters.
Vaccines are considered the most effective method of preventing infectious diseases and is largely responsible for the growth of the dairy and meat industry worldwide. The latest trends in the vaccine market include growing emphasis on technology and the rise of recombinant DNA vaccines. The bovine vaccines market segment is the largest due to the organized dairy and beef industry along with better buying power of the industry.
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Taking all factors into consideration, till the end of forecasted period we expect the Middle East and Africa veterinary vaccines market to reach around $ 550.84 million in 2022, growing at a compound annual growth rate of 7.1 % whose worth was $ 365 million in 2015.
Veterinary Vaccines Market- Key Players
Some of the key players in this market are Zoetis Inc., Boehringer Ingelheim GmbH, Merck Animal Health, MSD Animal Health, Elanco Animal Health, Bayer AG, Indian Immunologicals Limited and others.
Veterinary Vaccines Market – Segments
Middle East and Africa veterinary vaccines market has been segmented on the basis of technology which comprises of attenuated, inactivated, toxoid, conjugate, subunit and recombinant DNA. On the basis of disease indication the market is segmented into foot & mouth disease, parvovirus, distemper, reproductive & respiratory syndrome and others.
On the basis of composition the market is segmented into mono vaccine and combination vaccines. On the basis of animal type; market is again segmented into poultry, bovine, porcine, companion and other.
Veterinary Vaccines Market - Regional Analysis
UAE is the largest market for veterinary vaccines in the entire Middle East and Africa veterinary vaccines market closely followed by Egypt. Africa’s market especially the sub Saharan regions is the fastest growing market with a huge unmet medical needs.
Veterinary Vaccines Market - Study Objectives
To provide detail analysis of Middle East and Africa’s market structure along with its forecast growth for the next 6 years with respect to various segments and sub-segments of the market.
To analyze the market based on various analyses which includes price analysis, supply chain analysis, Porters Five Force analysis etc.
To provide country level analysis of the market for segments which includes by product technology, by disease indication material, by composition, by animal type and other sub segments.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments globally.
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MAJOR TABLE OF CONTENTS:
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Middle East And Africa Veterinary Vaccine Market, By Technology
6 Middle East And Africa Veterinary Vaccine Market, By Disease Indication
7 Middle East And Africa Veterinary Vaccine Market, By Composition
8 Middle East And Africa Veterinary Vaccine Market, By Animal Type
10 Middle East And Africa Veterinary Vaccine Market, By Country
11 Company Landscape
12 Company Profile
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