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The latest report by IMARC Group, titled “Poultry Vaccines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global poultry vaccines market size reached US$ 1.67 Billion in 2021. Poultry vaccines help prevent any disease that infects the immune system of bird species, including duck, chicken, turkey, and goose. They produce antibodies that fight against organisms, such as Salmonella, E. Coli, and Mycoplasma gallisepticum (MG), and diseases such as Marek’s disease, infectious bronchitis (IB), avian rhinotracheitis (ART), Newcastle disease and infectious bursal disease (Gumboro disease). Poultry vaccines vary from mild to severe in their dosage, which is approved, only if they pass the World Organization for Animal Health standards. They are administered via various routes such as nasal, oral, subcutaneous ocular and in-vivo intramuscular. Poultry vaccines are applied to different areas of the egg, such as the body of the embryo, allantois sac, yolk sac, and amniotic fluid.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Poultry Vaccines Market Trends:
The market is primarily driven by the rising awareness regarding animal vaccination among veterinary practitioners and increasing prevalence of zoonotic diseases. Diseases, such as bird flu or avian influenza, are also known to infect humans and animals. Besides this, the escalating demand for animal health diagnostics also represents a major factor contributing to the market growth. In addition, the growing consumption of meat and poultry-related food products is facilitating extensive expenditure on poultry healthcare. Along with this, governmental bodies across the globe are taking initiatives to educate people regarding the benefits of poultry vaccines, thus accelerating the product adoption rate. Furthermore, growing research and development (R&D) activities to develop advanced technologies to manufacture effective vaccines are creating a positive outlook for the market. For instance, there has been an introduction of live, non-replicating recombinant antigens, nucleic acid-mediated, and live-gene detected vaccines. On account of these factors, the market value is expected to reach US$ 2.47 Billion by 2027, exhibiting a CAGR of 6.59% during the forecast period (2022-2027).
Market Summary:
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