Rabies Veterinary Vaccines Market to Grow with a CAGR of 4.82% through 2030
Rising pet ownership and growing demand
for preventive healthcare among pet owners, is expected to drive the Global Rabies Veterinary
Vaccines Market growth in the forecast period, 2026-2030
According
to TechSci Research report, “Rabies Veterinary Vaccines Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the Global Rabies Veterinary Vaccines Market stood at USD
592.22 Million in
2024 and is expected to reach USD 786.65 Million by 2030 with a CAGR of 4.82% during
the forecast period. Government initiatives and regulations play a pivotal role
in driving the demand for rabies veterinary vaccines. Many countries have
implemented mandatory rabies vaccination programs for domestic animals,
including dogs, cats, and livestock, to control the spread of the disease.
These initiatives are often supported by legislation requiring pet owners to
vaccinate their animals regularly. Such regulations not only protect animal
health but also mitigate the risk of rabies transmission to humans, thereby
bolstering the market for veterinary vaccines.
Increased
awareness among pet owners, animal health professionals, and the general public
regarding the risks associated with rabies transmission is a significant
catalyst propelling market expansion. Governmental and non-governmental
organizations conduct educational campaigns and outreach programs to
disseminate information about the importance of rabies vaccination in disease
prevention. As awareness levels escalate, so does the demand for rabies
vaccines, particularly in regions where the disease is prevalent.
Advancements
in vaccine development technologies are fostering innovation within the rabies
veterinary vaccines market. Manufacturers are investing in research and
development to enhance the efficacy, safety, and duration of immunity of rabies
vaccines. Advanced biotechnological techniques like recombinant DNA technology
and adjuvant formulations are being leveraged to boost vaccine effectiveness.
Additionally, innovations such as oral rabies vaccines for wildlife species are
being developed to control the disease at its source, thereby further expanding
the market's potential.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on
"Global Rabies Veterinary Vaccines Market”
The
Global Rabies Veterinary Vaccines Market is segmented into application, distribution
channel, regional distribution, and company.
Based
on the Application, Wildlife Animals emerged as the fastest growing segment in
the Global Rabies Veterinary Vaccines Market during the forecast period. This
is driven by several key factors. Rabies is a significant zoonotic disease, and
controlling its spread among wildlife is crucial for public health. Wildlife
species, such as raccoons, foxes, and coyotes, are primary reservoirs of the
rabies virus, posing a risk to domestic animals and humans. Implementing
vaccination programs targeting these wildlife populations is essential to
prevent outbreaks and reduce transmission rates. For instance, the U.S.
Department of Agriculture's National Rabies Management Program utilizes oral
rabies vaccination to control rabies in wildlife populations.
Advancements
in vaccine technology have facilitated the development of oral rabies vaccines,
which are distributed in bait form to wildlife. This method allows for
large-scale vaccination efforts without the need for direct animal handling,
making it more feasible and cost-effective. Studies have shown that oral rabies
vaccination can effectively reduce rabies incidence in wildlife populations. The
increasing recognition of the importance of wildlife vaccination in rabies
control strategies has led to greater investment and support for these
programs. International collaborations and funding have bolstered efforts to
implement wildlife rabies vaccination campaigns globally. For example, the
European Union has supported oral rabies vaccination programs in countries like
France and Germany to control rabies in wildlife.
Based on the Region, Asia-Pacific
emerged as the fastest growing region in the Global Rabies Veterinary Vaccines Market during
the forecast period. There has been a rising awareness about rabies prevention
and control in many countries across the Asia Pacific region. This awareness
has led to increased efforts by governments, NGOs, and veterinary organizations
to implement rabies vaccination programs for both domestic animals and
wildlife. The Asia Pacific region has seen a significant increase in pet
ownership and urbanization. As more people keep pets, particularly dogs and
cats, there is a higher demand for rabies vaccines to protect these animals and
prevent transmission to humans. Agriculture is a major industry in many
countries within the Asia Pacific region. The expansion of the livestock sector
necessitates effective rabies vaccination programs to safeguard livestock
animals from contracting rabies, which can have significant economic
implications. Many governments in the Asia Pacific region have implemented
stringent policies and regulations to control rabies. These policies often
include mandatory rabies vaccination for pets and livestock.
Major companies operating in Global Rabies
Veterinary Vaccines Market are:
- Zoetis Inc.
- Boehringer Ingelheim International GmbH
- Merck & Co., Inc.
- Virbac S.A.
- Indian Immunologicals Ltd.
- Ceva Santé Animale S.A.
- Sanofi S.A.
- Elanco Animal Health Inc.
- BroadChem Philippines Biopharma
Corporation
- BiogénesisBagó. S.A.
Download Free Sample Report
Customers
can also request for 10% free customization on this report
“The
Global Rabies Veterinary Vaccines Market is expanding due to the growing
awareness of rabies prevention among pet owners and veterinarians. Increasing
vaccination campaigns in developing countries, coupled with the rising
prevalence of rabies in both wild and domestic animals, is driving market growth.
Furthermore, advancements in vaccine technology, including more cost-effective
and easily administered vaccines, are significantly contributing to market
demand. This trend is further supported by government initiatives and policies
aimed at rabies eradication, which continue to encourage widespread vaccination
programs.,”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Rabies Veterinary Vaccines Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Application
(Companion Animals, Livestock Animals, Wildlife Animals), By Distribution
Channel (Retail, E-Commerce, Hospital/Clinic Pharmacies), By Region and
Competition, 2020-2030F”,
has evaluated the future growth potential of Global Rabies Veterinary 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 Rabies Veterinary
Vaccines Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com