Poultry Vaccines Market to Grow with a CAGR of 6.90% through 2028
Rising global poultry consumption, and the imperative to prevent disease
outbreaks is expected to drive the Global Poultry Vaccines Market growth in the
forecast period, 2024-2028.
According to TechSci Research report, “Poultry Vaccines Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities,
2028”, the Global Poultry Vaccines Market stood at USD 1.73 billion in 2022
and is anticipated to grow with a CAGR of 6.90% in the forecast period,
2024-2028. This can be attributed to increasing awareness of animal health. There
is a growing awareness of the importance of animal health and welfare among
consumers, farmers, and policymakers. This heightened awareness has led to
increased investment in animal healthcare, including vaccination programs.
Poultry farmers are more inclined to adopt preventive measures like vaccination
to protect their flocks, thereby driving the demand for poultry vaccines. Moreover,
biotechnology and genetic advancements are enabling the development of
genetically resistant poultry breeds. These breeds have enhanced natural
immunity to specific diseases, reducing the reliance on vaccines. As these
technologies progress, they may reshape the landscape of disease prevention in
the poultry industry.
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The market is being propelled by various factors, including intensified
research and development efforts, an escalating occurrence of poultry diseases,
the imperative to secure food supplies, and heightened awareness and
initiatives aimed at mitigating antimicrobial resistance.
In 2019, HIPRA expanded its portfolio of coccidiosis vaccines by
introducing EVANT, an attenuated vaccine designed for broilers. However, the
poultry industry suffered adverse effects from the COVID-19 pandemic,
experiencing reduced demand, sluggish sales, surplus inventory, and a decline
in the prices of poultry meat and eggs. This impact was particularly severe in
countries like India, which have substantial poultry populations. Although egg,
dairy, and meat production were considered essential services, lockdowns and
movement restrictions disrupted the supply chain. These challenges, coupled
with concerns about other avian diseases such as Bird flu in India, exacerbated
the pandemic's negative repercussions.
Nevertheless, the COVID-19 pandemic has created opportunities for
vaccine manufacturers to gain market share. This is due to the growing
awareness of animal diseases, the demand for safe food sources and products,
and concerns about zoonotic diseases. Venkys India, for example, is a prominent
player in the market, engaged in various aspects of the poultry industry,
including SPF egg production, broiler and layer breeding, chicken and egg
processing, poultry feed and equipment, vaccine manufacturing, and more. In
2019, the company's diverse poultry product portfolio, including vaccines,
accounted for 45% of its revenue.
The increasing poultry population, coupled with the rising prevalence of
avian diseases, is expected to fuel the demand for poultry vaccines. The
consumption of infected poultry meat poses a risk to human health, making it
crucial to vaccinate birds before use. Poultry farms face significant
challenges in preventing the rapid spread of diseases and have limited
treatment options, making vaccination a necessity. In 2019, the United States
had 19.72 million livestock units of chickens, while Brazil had 14.6 million
livestock units. These substantial poultry populations indicate a significant
number of birds susceptible to avian diseases, which can be effectively
prevented through timely vaccinations.
According to the OIE-WAHIS database, there were a total of 22 new
outbreaks in birds worldwide. This number surged to 836 new outbreaks in 2020,
with estimated cases reaching 2.79 million. The increasing incidence of disease
outbreaks among avian populations is therefore a significant driver for the
market. Recent disease notifications include reports of low pathogenic avian
influenza in poultry in Italy and highly pathogenic avian influenza in Russia
in October 2021.
The Global Poultry Vaccines Market is segmented into application, product,
disease type, regional distribution, and company.
Based on its disease type, the segment related to salmonella diseases
took the lead in terms of revenue share in 2022. In the forecast period, it is anticipated
that the Egg Drop Syndrome (EDS) segment will experience the most rapid CAGR.
This growth can be attributed to the widespread occurrence of Salmonella and
Egg Drop Syndrome diseases among poultry animals. The predominant type of
salmonella vaccine is composed of attenuated Salmonella strains, which function
effectively and safely as oral carrier vaccines for the prevention of necrotic
enteritis by expressing foreign antigens.
Market participants are actively engaged in research and development
activities and are introducing new vaccines to expand their market presence and
market share. For instance, Venkys India offers a variety of poultry vaccines,
including the Salmonella polyvalent inactivated vaccine, designed for the
prevention and management of salmonellosis in layers, breeders, and broilers.
In the portfolio of KM Biologics, you'll find OILVAX EDS-76, which is effective
against egg drop syndrome.
Based on application, the breeder segment captured the largest share of
revenue in 2022. Over the forecast period, this segment is projected to
experience the most rapid growth rate, primarily due to the increasing number
of breeder farms engaged in the production of fertile eggs, which are
subsequently hatched in hatcheries. The heightened productivity achieved
through these breeding farms has significantly propelled market expansion.
Furthermore, government initiatives promoting the vaccination of breeders have
played a pivotal role in stimulating market growth. These initiatives not only
safeguard the vaccinated birds but also extend protection to their offspring,
namely the broilers.
The proliferation of breeder farms can largely be attributed to
proactive government policies that have resulted in a growing community of
poultry farmers, breeders, integrators, and feed mills. For instance, the
Animal Husbandry Department in the state of Andhra Pradesh, India, intensified
poultry sector production through the implementation of a comprehensive poultry
development policy (2016-2020) within the state. This policy aimed to enhance
production from layers and commercial broilers, promote the processing of eggs
and chickens, and facilitate export activities. Such favorable government
initiatives are further propelling market growth.
Major companies operating in Global Poultry Vaccines Market
are:
- Boehringer Ingelheim
GmbH
- Zoetis Inc
- Elanco LLC
- Intervet Inc
- Hester Biosciences Ltd
- Vaxxinova GmbH
- Venky's India Ltd
- Laboratorios Calier SA
- KM Biologics Co Ltd
- Phibro Animal Health
Corp
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“The global poultry vaccines market is on the cusp of significant
transformations driven by emerging trends. Precision vaccination,
immune-boosting adjuvants, DNA vaccines, innovative vaccine delivery systems,
regional-specific vaccines, data-driven decision-making, ethical and
sustainable practices, and biotechnology solutions are among the key trends
shaping the industry's future. These trends reflect a commitment to improving
poultry health, production efficiency, and disease prevention while meeting the
ethical and sustainability demands of the modern world. As the industry
continues to evolve, stakeholders in the poultry vaccines market should remain
agile and adaptable to leverage these trends for the benefit of poultry health
and global food security,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Poultry Vaccines Market By Application (Broiler, Layer, Breeder), By Product (Attenuated Live
Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, Recombinant
Vaccines), By Disease Type (Infectious Bronchitis, Infectious Bursal Diseases,
Infectious Laryngotracheitis, Egg Drop Syndrome, Adenovirus, Duck Viral
Enteritis, Inclusion Body Hepatitis, Salmonella, Others), By
Region, By Competition Forecast
& Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Poultry Vaccines
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Poultry Vaccines
Market.
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