(PharmaNewsWire.Com, January 06, 2017 ) The Veterinary Vaccines Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape.
Veterinary vaccines are used to treat ailments of animals and are produced for administration by parenteral or oral routes depending on the vaccine characteristics. The market has shown great rise in the past decade which can be accredited to the growing husbandry practices and better management of farms. Due to advancement in biotechnological research this growth shows future prospects also. With the growing usage of continuous cell lines as a substrate and embracing of the fermenter technology for antigen production the veterinary vaccines market has shown a penchant for growth in the recent times.
Rising incidences of zoonotic diseases in humans, growing prevalence of animal diseases, increasing investments by major companies, various government agencies and animal rights associations; continuous innovations, increasing awareness against the use of antimicrobials are the main reasons for vaccine producers to invest significantly into development of new products, which in parallel, act as market drivers. Yet, rising maintenance costs for the storage of vaccines, increasing adoption of vegetarian diet in major economies owing to increasing risk of obesity and other chronic diseases are key restraints of this market.
Major companies operating in this domain 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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