: Lucintel Forecasts the Global Pet Vaccine Market to Reach $10.5 billion by 2030
: Lucintel Forecasts the Global Pet Vaccine Market to Reach $10.5 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global pet vaccine market looks promising with opportunities in the dog, cat, and rabbit applications. The global pet vaccine market is expected to reach an estimated $10.5 billion by 2030 from $7.4 billion in 2023, at a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increasing adoption of pet animals, pet owners are becoming more aware of the benefits of preventive healthcare for their pets, and government regulations for vaccinations.
A more than 150-page report to understand trends, opportunity and forecast in pet vaccine market to 2030 by type (canlane and feline), vaccination (canine family, core vaccines, and non-core vaccines), mode of administration (injectable vaccines and intranasal vaccines), application (dogs, cats, rabbits, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that the canine family will remain the largest segment due to the rising popularity of companion animals, the growing awareness of the importance of animal health, and the evolving lifestyles of pet owners.
Within this market, dog is expected to witness the highest growth over the forecast period.
Download sample by clicking on pet vaccine market
North America will remain the largest region due to strict government regulations regarding vaccination in protecting pets from serious diseases and rising pet adoption in the USA.
Elanco, Merck, Ceva, Virbac, Zoetis, HIPRA, Merial are the major suppliers in the pet vaccine market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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