Precision Business Insights has published a report on the global veterinary vaccines market, estimating its value at USD 8.4 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The Veterinary Vaccines Market refers to the global industry focused on the development, production, and distribution of vaccines used to prevent diseases in animals. These vaccines are used for companion animals (pets) and livestock (food-producing animals). The primary goal is to improve animal health, reduce disease outbreaks, and enhance productivity and food safety.

Drivers:

• Increasing Pet Ownership and Pet Healthcare Spending:
  Rising rates of pet adoption, particularly in urban and developed regions, drive demand for companion animal vaccines. Owners are more willing to invest in preventive care.
• Growing Livestock Population and Animal Farming
  The demand for animal-derived products (milk, meat, eggs) has increased globally. To maintain herd health and productivity, livestock vaccination is critical.

The global veterinary vaccines market segmentation:

1. By Product Type: Live Stock Vaccines (Bovine Vaccines, Poultry Vaccines, Small Ruminants Vaccines), Companion Animal Vaccine (Canine Vaccines, Feline Vaccines), Porcine Vaccines, Equine Vaccines, Others
2. By Disease Type: Live Stock Diseases (Foot and Mouth Diseases, Brucellosis, Infectious Bronchitis, Mareket Disease, Newcastle Disease, Others), Companion Animal Diseases (Canine Distemper, Canine Parvovirus, Feline Rabies, Others) Equine Diseases, Porcine Diseases, Aquaculture Diseases
3. By Vaccine Type: Live Attenuated Vaccines, Inactivated Vaccines, Recombinant vaccines, Toxoid vaccines, Conjugate Vaccines, DNA Vaccines, Subunit Vaccines
4. By Distribution Channel: Veterinary Pharmacies, Veterinary Hospitals, Veterinary Clinics, E-Commerce

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Regional Overview:
The report also examines the current concerns and their Future Effects on the veterinary vaccines market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the veterinary vaccines market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Bayer AG (Germany), Boehringer Ingelheim GmbH (Germany), Ceva Sant Animale (France), Eli Lilly and Company (U.S.), Hester Biosciences (India), Merck & Co., Inc. (U.S.), Vétoquinol S.A. (France), Virbac S.A. (France), Zoetis Inc. (U.S.).

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