India, Bangladesh, Sri Lanka, Nepal Animal Vaccine Market New Innovations Trends, Research, Global Share 2030

India, Bangladesh, Sri Lanka, Nepal Animal Vaccine Market by Type, Animal Type, and Valence: Global Opportunity Analysis and Industry Forecast, 2021–2030.

PORTLAND, ORGON, UNITED STATES, January 26, 2022 /EINPresswire.com/ — The animal vaccine is defined as an animal healthcare product, used to immunize domestic livestock, poultry and wild animal. It is a component of a larger field of medicine called veterinary biologics (VB). Animal vaccines are essential to enhance the welfare of the animal and reduce the monetary loss of the pet owners.

Animal vaccine products help in preventing animal diseases, increase food productivity, and avoid transmission of zoonotic and foodborne infections to humans. It aims to develop immunity in animals by stimulating the immune system with the help of either natural immunogenic components or non-pathogenic organisms. Thus, the vaccines help protect animal health by immunizing against any particular disease such as contagious, and infectious disease.

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• AniCon Labor Gmbh
• Boehringer Ingelheim International GmbH
• Cargill Animal Nutrition
• Ceva Sante Animal
• Hygieia Biological Laboratories
• Intas Pharmaceutical Ltd.
• Merck KGAA
• Romvac Company SA
• Sanofi
• SavaVet
• Vaxxinova GmbH
• Virbac SA
• Vivaldis
• Zoetis

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• By type, the attenuated vaccines segment was the highest contributor to the market in 2020.
• On the basis of animal type, the companion animals segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
• Depending on valence, the multivalent segment was the highest contributor to the market in 2020.
• Country wise, India garnered the largest revenue share in 2020, and is anticipated to grow at the highest CAGR during the forecast period.

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The India, Bangladesh, Sri Lanka, Nepal Animal Vaccine market is segmented on the basis of type, animal type, valence, and country. On the basis of type, the market is divided into attenuated vaccines, inactivated vaccines, subunit vaccines, toxoid vaccines, recombinant vaccines, and DNA Vaccines. The attenuated vaccines segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to advancement in R&D activities in the animal healthcare sector, and an increase in prevalence of infectious disease in animal.

Depending on animal type, the market is classified into companion vaccine, and poultry. The poultry segment exhibited the highest growth in 2020, and this trend is expected to continue during the forecast period, owing to increase in incidence of poultry population, surge in need for milk, meat and egg, and increase in demand for animal healthcare. By valence, the market is classified into monovalent, and multivalent. The multivalent segment acquired the top position in the market in 2020, and this trend is expected to continue during the forecast period, owing to increase in demand for polyvalent vaccine, and rise in prevalence of disease in animal.

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