Avian Influenza Vaccines Market Scope
Avian influenza refers to the infectious disease caused by the bird flu Type A viruses. These viruses occur naturally among wild aquatic birds worldwide and can infect domestic poultry and other bird and animal species. Humans can also get affected by the infection if the virus enters the eyes, nose, or mouth. The avian influenza vaccine market is expected to grow in the future due to the increasing prevalence of infection and the growing demand for poultry consumption. It widely finds its application in Duck, Chicken, Goose, and other birds.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Boehringer Ingelheim Animal Health (France), QianYuanHao Biological Corporation Limited (China), Harbin Veterinary Research Institute (China), CEVA (France), Qingdao Yebio Biological Engineering Co., Ltd (China), Zoetis Inc. (United States), FATRO S.p.A. (Italy) and Merck Animal Health (United States) |
CAGR | % |
Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Avian Influenza Vaccines market throughout the predicted period.
Boehringer Ingelheim Animal Health (France), QianYuanHao Biological Corporation Limited (China), Harbin Veterinary Research Institute (China), CEVA (France), Qingdao Yebio Biological Engineering Co., Ltd (China), Zoetis Inc. (United States), FATRO S.p.A. (Italy) and Merck Animal Health (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Avian Influenza Vaccines market by Type , by Application (Chicken, Duck & Goose and Others) and Region with country level break-up.
On the basis of geography, the market of Avian Influenza Vaccines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In July 2019, Ceva Santé Animale (“Ceva”) and IDT Biologika GmbH (“IDT”) announced that they have successfully completed the acquisition of IDT’s veterinary biopharmaceutical and R&D activities by Ceva.
In Sept 2019, Boehringer Ingelheim is developing one of the largest biotechnology production sites for veterinary vaccines in Europe, building on France’s pioneering expertise in veterinary public health (VPN)., and On 26 April 2018, Zoetis announced to expand animal vaccine research and manufacturing in Suzhou, China. The company begins the construction of state-of-the-art vaccine manufacturing and research and development facilities in Suzhou to support growth. Operations to focus on the development and manufacturing of vaccines for pigs, cattle and fish and companion animals tailored to the animal health needs of China.
Influencing Trend:
Collaboration and Tie Up Of Leading Players
Market Growth Drivers:
Increasing Awareness About the Avian Influenza Vaccines and Growing Demand from Poultry Consumption
Challenges:
Lack of Awareness about the Disease among People who Maintain Poultry
Restraints:
Issues Regarding Vaccine Degradation at Room Temperature
Opportunities:
Increasing R&D Expenses for New Vaccines and Rising Government Initiatives for Vaccines against Avian Influenza
Key Target Audience
Influenza Vaccines Manufacturers, Influenza Vaccines Traders, End-Use Market Participants of Different Segments of Influenza Vaccines, Government and Research Organizations, R&D Institutions and Others