Porcine Vaccines Market Insights, Trends, Growth, Outlook and Analysis 2018-2026
Posted: Jun 14, 2018
Vaccines are the most imperative mediations for disease control among animals and humans. Under veterinary pharmaceuticals, vaccination is considered as a windfall for maintaining animal health by preventing spread of several endemic diseases. Such diseases which can be endemic are porcine reproductive and respiratory virus (PRRSV), swine influenza, diarrhea, porcine circovirus associated disease (PCVAD). Furthermore, cholera, high fever, foot and mouth diseases in swine have been significantly eliminated in North America through immunization.
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Some commercially available (non-autogenous) porcine reproductive and respiratory syndrome (PRRS) vaccines are:
Virus Strain Origin
Fort Dodge Veterinaria SA
Ingelvac PRRS MLV3
Ingelvac PRRS ATP
Source: Journal of Swine Health and Production
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Researchers are also engaged in developing vaccines for major disease such as African swine flu (ASF), which is augmenting growth of the market. This disease is present in sub-Saharan Africa, Sardinia, the Russian Federation, and number of Eastern European countries. To date, there is no vaccine for this economically devastating disease however, in 2017, Researchers in Australia and the U.S. uncovered genetic data that may help in developing a vaccine for African swine fever, in turn boosting growth of the porcine vaccines in near future. However, the high cost of maintaining, handling, and storage of vaccines is one of the major factor restraining growth of the porcine vaccine market to some extent.
Porcine Vaccines Market - Regional Analysis
On the basis of geography, the global porcine vaccines market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds the largest market share in the global porcine vaccines market, attributable to highly organized farming structure, increased demand for animal protein, and rising expenditure on animal health by farm owners. Moreover, export and import permits among contract manufacturers or distributer firms and low estimated cost of products are expected to make the porcine vaccine market more popular in Europe. For instance, in 2016, a UK-based Cranswick Foods company initiated a project to set up pork processing plant in Punjab, which would act as a catalyst to hasten the process of value addition in animal husbandry sector and give boost to the farm diversification, providing high quality pork to the consumers across the state. The market in Asia Pacific (including Vietnam, the Philippines, etc.) is estimated to grow at a significant CAGR during the forecast period as this countries have large consumption of pig meat, which in turn is fostering growth of the market.
Porcine Vaccines Market – Competitive Landscape
Key players are introducing porcine vaccines with new features such as such as DNA vaccines, recombinant vaccines, and conjugate vaccines. This advanced vaccines are expected to improve the efficiency and effectively of swine production practices with reduction in overall vaccination cost.
Major players operating in porcine vaccines market include Bayer AG, Bimeda Animal Health, Boehringer Ingelheim GmbH, Ceva Sante Animale, Eli Lilly and Company, Merck & Co., Inc., Sanofi S.A, and Vetoquinol, Zoetis, Inc.
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