(MENAFN- iCrowdNewsWire) The ' Companion Animal Vaccine market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Companion Animal Vaccine derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Companion Animal Vaccine market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
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Global Companion Animal Vaccine Market to reach USD 13.0 billion by 2027.
Global Companion Animal Vaccine Market is valued at approximately USD 8.0 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.2 % over the forecast period 2021-2027. The rising adoption of domestic animals such as dogs and cats, as well as the rising reports of zoonotic diseases, are driving the global companion animal vaccines industry. Companion animals are currently among the most common domesticated animals, with dogs, cats, and horses dominating the market. For instance, according to the annual report of the European Pet Food Industry Association (FEDIAF) for 2020, dogs and cats are the most common pets in Europe. Furthermore, at least one domestic animal is owned by an estimated 85 million European households. During the forecast period, the trend is estimated to continue. In addition, The COVID-19 pandemic is projected to have a major effect on the industry under consideration. In July 2020, the Centers for Disease Control and Prevention issued detailed and precautionary recommendations to veterinary practitioners for the care of domestic animals during the COVID-19 pandemic. For instance, Veterinary hospitals and clinics should prioritise immediate and emergency visits and services, according to several health bodies, including the Centers for Disease Control and Prevention. This effort by national bodies is intended to reduce veterinary healthcare management’s reliance on and use of diagnostic equipment. In addition, several veterinary laboratories are currently engaged in COVID-19 research in humans, according to the OIE: World Organization for Animal Welfare, in order to address the global lack of healthcare facilities and COVID-19 testing laboratories. However, high storage cost of vaccines may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global Companion Animal Vaccine Market is considered for the key regions such as Europe, North America, Asia Pacific, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to growing pet population, along with an increase in spending on pet care. Whereas Asia Pacific is also estimated to show the highest growth rate over the forecast period 2021-2027. Factors such as rising pet adoption, expansion of key vaccine players, the product availability, and investments in manufacturing facilities in various Asia Pacific countries, particularly in India, China, and Thailand, are driving the market’s growth.
Key Segments Studied in the Global Companion Animal Vaccine Market
Major market player included in this report are:
- Elanco Animal Health Incorporated
- Boehringer Ingelheim GmbH
- Brilliant Bio Pharma
- Merck & Co. Inc.
- Zoetis Inc.
- Indian Immunologicals Ltd
- Bioveta AS
- Vetoquinol S.A.
- Merial (Sanofi)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Animal Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Live Attenuated Vaccines
- Inactivated Vaccines
- Toxoid Vaccines
- Recombinant Vaccines
- Other Technologies
By Animal Type:
- Other Animal Types
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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Key Points Covered in Companion Animal Vaccine Market Report: Study Explore COVID 19 Outbreak Impact Analysis
Global Companion Animal Vaccine Market Research Report
Section 1: Global Companion Animal Vaccine Industry Overview
Section 2: Global Economic Impact on Companion Animal Vaccine Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Companion Animal Vaccine Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Companion Animal Vaccine Market Forecast
……..and view more in complete table of Contents
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