Aquaculture Vaccines Market to Grow with a CAGR of 7.75% through 2029
Prevalence
of aquatic diseases is expected to drive the Global Aquaculture Vaccines Market
growth in the forecast period, 2025-2029
According
to TechSci Research report, “Aquaculture Vaccines Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2029F”,
the Global Aquaculture Vaccines Market stood at USD 379.49 million in 2023 and
is anticipated to grow with a CAGR of 7.75% through 2029. One
of the primary drivers boosting the global aquaculture vaccines market is the
increasing demand for seafood worldwide. Prevalence of Aquatic Diseases. Also.the
prevalence of aquatic diseases is a significant factor driving the growth of
the global aquaculture vaccines market. Aquatic diseases pose a substantial
threat to the aquaculture industry, leading to significant economic losses,
environmental impacts, and food security concerns. Infectious agents such as
bacteria, viruses, parasites, and fungi can spread rapidly within aquaculture
facilities, causing mass mortalities and reduced productivity among farmed fish
and shellfish populations. Aquatic diseases can have devastating effects on
aquaculture production, resulting in significant financial losses for producers
and threatening the sustainability of aquaculture operations. Disease outbreaks
can occur due to various factors, including overcrowding, poor water quality,
environmental stressors, and the movement of infected animals or contaminated
equipment. The globalization of trade and aquaculture practices has facilitated
the spread of aquatic pathogens across geographic regions, further exacerbating
disease risks.
In
response to the prevalence of aquatic diseases, aquaculture producers
increasingly recognize the importance of implementing effective disease
prevention and control measures. Vaccination has emerged as a critical tool in
disease management strategies, offering a proactive approach to safeguarding
the health and productivity of farmed aquatic species. Aquaculture vaccines
stimulate the immune system of fish and shellfish, helping them develop
immunity against specific pathogens and reducing the likelihood of disease
transmission within aquaculture facilities.
The demand for aquaculture vaccines is driven by the need to address the
diverse range of aquatic diseases affecting different species and production
systems. Common aquatic diseases include bacterial infections such as Vibrio
and Aeromonas, viral infections like infectious salmon anemia (ISA) and viral
hemorrhagic septicemia (VHS), and parasitic infestations such as sea lice.
Aquaculture vaccines are developed to target these specific pathogens, offering
tailored solutions for disease prevention and control.
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"Global Aquaculture Vaccines Market”
The
Global Aquaculture Vaccines market is segmented into product, route
of administration, application, regional distribution, and company.
Based
on the product, the recombinant vaccine segment is anticipated to be the
fastest-growing segment in the global aquaculture vaccines market during the
forecast period. The increasing prevalence of infectious diseases in
aquaculture is driving the demand for more effective and reliable vaccination
solutions. As aquaculture operations expand to meet the rising global demand
for seafood, the risk of disease outbreaks grows, necessitating advanced
vaccine technologies. Recombinant vaccines, with their ability to induce strong
and long-lasting immune responses, are well-suited to address these challenges.
Advancements in biotechnology and genetic engineering are facilitating the
development and production of recombinant vaccines. These technological
innovations are making it easier and more cost-effective to produce vaccines at
scale, thereby increasing their accessibility and adoption within the
aquaculture industry. Regulatory approvals and support from
government bodies for the use of recombinant vaccines in aquaculture are
further propelling market growth. Growing awareness among aquaculture producers
about the benefits of recombinant vaccines, coupled with the rising trend
towards sustainable and responsible aquaculture practices, is expected to drive
market demand. Producers are increasingly recognizing the importance of
preventing disease through vaccination rather than relying on antibiotics,
which can lead to resistance issues and environmental concerns..
The
Asia Pacific market is poised to experience remarkable growth in the global
aquaculture vaccines market over the forecast period. This is due to factors such as increasing
demand, a thriving aquaculture sector, government support initiatives, the
presence of ample water resources in numerous countries, and a shift toward
sustainable aquaculture practices. Governments and regulatory bodies in the Asia Pacific
are increasingly focusing on promoting responsible aquaculture practices to
ensure food security and environmental sustainability. This includes
incentivizing the adoption of vaccination strategies to minimize the use of
antibiotics and chemicals in aquaculture operations, aligning with global
efforts to combat antimicrobial resistance and reduce environmental pollution.
Major
companies operating in Global Aquaculture Vaccines Market are:
·
Zoetis Inc.
·
Phibro Animal Health Corporation
·
Elanco Animal Health Incorporated
·
Merck KGaA
·
KBNP Inc.
·
UNILINE GROUP FOR VETERINARY EQUIPMENT
·
Kyoto Biken Laboratories, Inc.
·
Nisseiken Co., Ltd.
·
Vaxxinova International BV
·
HIPRA SA
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“The
Global Aquaculture Vaccines Market is poised for significant growth in the
coming years. Governments and regulatory bodies worldwide are implementing
policies and providing support to promote the use of vaccines in aquaculture.
This includes funding for research and development, as well as streamlined
approval processes for new vaccines. There is a growing awareness and focus on
fish health and welfare within the aquaculture industry. Vaccines are seen as a
key component in maintaining the health of farmed fish, leading to better
growth rates and reduced mortality.” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Aquaculture
Vaccines Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Product (Attenuated Live Vaccines, Inactivated Vaccines, Subunit
Vaccines, DNA Vaccines, Recombinant Vaccines), By Route of Administration
(Oral, Injected, Immersion & Spray), By Application (Bacterial, Viral,
Parasitic) Region and Competition, 2019-2029F”, has evaluated
the future growth potential of Global Aquaculture 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 Aquaculture Vaccines Market.
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