Poultry Vaccines Market Overview and Introduction

Poultry vaccination prevents and controls several contagious poultry diseases. Vaccination plays a vital role to curb the spread of disease, which is very fast in poultries. The efficient control of diseases in poultry can be ensured by maintaining hygienic rearing systems and providing appropriate vaccines. Currently, several major epidemic diseases of poultry such as avian in?uenza and Newcastle disease have been reported, creating the need for eradication programs at national & regional levels. Currently, there are several poultry vaccines available for a wide range of diseases such as Marek’s disease, Fowl pox, avian in?uenza, and salmonellosis, among others.

Increasing outbreaks of poultry diseases are essentially driving growth of the poultry vaccines market. For instance, according to the European Food Safety Authority, between November 2019  and  February  2020,  36  Highly Pathogenic Avian Influenza  (HPAI) A(H5N8) virus outbreaks were reported in different European countries including Poland,  Hungary,  Slovakia,  Romania,  Germany, and Ukraine, among others. Moreover, the increasing government initiatives directed toward eradication of poultry diseases are contributing to market growth. However, the high costs associated with vaccine storage hinder the growth of the poultry vaccines market.

The global poultry vaccines market is segmented by product type, application, dosage form, and region.

Poultry Vaccines Market By Product Type

Based on product type, the poultry vaccines market can be segmented into attenuated vaccines, inactivated vaccines, and recombinant vaccines. In 2019, the attenuated vaccines segment accounted for the largest market share owing to the increasing preference for these vaccines over inactivated vaccines. Attenuated vaccines offer a long-lasting immune response, providing better protection against poultry diseases.

Poultry Vaccines Market By Application

Based on application, the market can be segmented into avian influenza, Marek’s disease, Newcastle disease, infectious bronchitis, and others. In terms of market share, the avian influenza segment accounted for the largest market share in 2019. Avian influenza remains a major concern worldwide owing to its pandemic potential due to the volatile nature of flu viruses. Moreover, there are several new outbreaks of the avian influenza virus. For instance, in February 2020, China's Ministry of Agriculture and Rural Affairs reported an outbreak of the fatal H5N1 bird flu in Hunan province.

Poultry Vaccines Market By Dosage Form

Similarly, in terms of dosage form, the market can be segmented into freeze-dried vaccine, liquid vaccine, and duct (dry form). In 2019, the liquid vaccine segment is accounted for the largest share in the global poultry vaccines market. Liquid formulations of vaccines are preferred as they do not require the addition of diluents, which makes it convenient to administer these vaccines.

Poultry Vaccines Market by Region

The global poultry vaccines market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the poultry vaccines market followed by Europe and Asia Pacific. In 2018, North America held the largest market share owing to the increasing production of poultry products, high consumption rates and the increasing export of poultry products to meet global demands. Asia Pacific is estimated to grow at the highest CAGR in the global poultry vaccines market over the forecast period owing to the high consumption of poultry meat in China, Malaysia, and India, among others. According to the Direct China Chamber of Commerce, in 2018, the Chinese consumed an average of 10.7 kilograms of poultry meat per person and it is estimated that by 2020, the consumption will increase to 11.4 kilograms poultry meat per person.

Poultry Vaccines Market Prominent Players

Some of the prominent players in the global poultry vaccines market are Ceva, Zoetis, Eli Lilly and Company, Indovax, Hester Biosciences Limited, Elanco, Intervet Inc, AniCon Labor GmbH, Boehringer Ingelheim, and Venkys, among others.