According to the report, Asia Pacific Veterinary Vaccines Market is poised to reach $1303.27 Million by 2020 from $919.72 Million in 2015, at a CAGR of 7.22% from 2015 to 2020.

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It has seen significant growth over the past few years, due to fear of imminent epidemics that have led to substantial losses particularly in poultry segment. Veterinary vaccine market’s substantial growth can be attributed to increasing husbandry practices and better management of farms. This marks the estimation of further growth in the market due to advancement in biotechnological research.

Large breeding companies, out of overall consideration based on economic benefits, are increasingly inclined to buy high-quality market-oriented vaccines which are 5-15 times as expensive as vaccines purchased under policy. Local animal vaccine companies are also scaling up efforts for research and development, making their presence in high-end vaccines and expanding varieties of vaccines. There were 25 kinds of registered animal vaccines in China in 2015, including 10 kinds of pig vaccines, 10 kinds of poultry vaccines, and 5 kinds of other animal vaccines. Moreover, great progress has been made in pet vaccines. On a major note, Rabies vaccines are expected to be approved and go on the market at the end of 2016 or in 2017.

On other hand rapid industrialization of the entire livestock segment, an impending shift to internationally acclaimed practices; increased realization among progressive farmers about disease management and prevention and more animal diseases being taken up by federal as well as state governments for mass vaccination programs are increasing the market in India. However, rising maintenance costs for the storage of vaccines, increasing adoption of vegetarian diet in major economies owing to risk of obesity and other chronic diseases are key restraints of the market in this region.

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Asia Pacific Veterinary Vaccines Market: Segmentation

 

By Type                        
Livestock vaccines
Bovine
porcine
Ovine
Poultry
Equine
Companion vaccines           
canine
feline
Technology                
Live attenuated vaccines  
Inactivated vaccines            
Recombinant vaccines       
Toxoid vaccines    
Subunit vaccines  
DNA vaccines         
Conjugate vaccines             
 

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Reasons to buy Asia Pacific Veterinary Vaccines Market Report:

Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Some of the key players influencing the market are Bayer HealthCare AG, Bioniche Animal Health Canada, Sanofi Animal Health, Inc., Biogenesis Bago SA, Heska Corporation, Indian Immunologicals Ltd., Boehringer Ingelheim GmbH, Zoetis, Novartis Animal Heath, Inc., Merck & Co. Inc, and Protein Sciences.

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