{"id":528600,"date":"2021-02-03T07:32:01","date_gmt":"2021-02-03T07:32:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=528600"},"modified":"2021-02-03T07:32:01","modified_gmt":"2021-02-03T07:32:01","slug":"animal-vaccines-market-size-worth-1337-billion-by-2026-owing-to-rise-in-the-outbreak-of-livestock-diseases-expanding-livestock-population-aid-demands-of-animal-vaccines-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/animal-vaccines-market-size-worth-1337-billion-by-2026-owing-to-rise-in-the-outbreak-of-livestock-diseases-expanding-livestock-population-aid-demands-of-animal-vaccines-grand-view-research-inc_528600.html","title":{"rendered":"Animal Vaccines Market Size Worth $13.37 Billion By 2026 Owing To Rise In The Outbreak Of Livestock Diseases, Expanding Livestock Population Aid Demands Of Animal Vaccines| Grand View Research Inc."},"content":{"rendered":"
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“Grand View Research, Inc. \u2013 Market Research And Consulting.”<\/div>\n<\/div>\n<\/div>\n
According to the report published by Grand View Research, Inc., increasing commercialization of animal products, rising livestock population and proliferating adoption of new technologically advanced vaccines to control outbreaks of zoonotic diseases affecting the livestock are going to boost the market growth rate in the coming years.<\/div>\n

The global animal vaccines market<\/a> <\/strong>size is expected to reach USD 13.37 billion by 2026, according to a new report by Grand View Research, Inc. expanding at a CAGR of 6.3% over the forecast period. Rise in the outbreak of livestock diseases, expanding livestock population and increasing zoonotic diseases are driving the market growth. Increasing awareness regarding commercially available vaccines is pushing the adoption globally.<\/p>\n

Recently, number of pet owners are on the rise and there has been a shift observed towards healthy animal practices, which is expected to boost the demand for animal vaccines in the market. In addition, rising investment from both government and non-government players and the push towards developing a better distribution channel has been a major factor in boosting the market growth rate. The bulk purchase and supply of livestock vaccines by countries such as India and Alaska that have large livestock population are reducing the profit margins of the vaccine manufacturers’ through bulk pricing.<\/p>\n

Animal vaccine market is a highly competitive market, due to several major key players in the market. Some of the key players are Zoetis, Virbac Inc., Indian Immunological Limited, Heska Corp., Boehringer Inghlem, Bayer Pharma Ag, Merck Animal Health and Biogenesis Bago dominated the global animal vaccines market.<\/p>\n

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Animal Vaccines Market Report Highlights<\/strong><\/p>\n