Veterinary Vaccine Adjuvants Market to Reach $0.6 Billion, Globally, by 2033 at 4.6% CAGR: Allied Market Research
The veterinary vaccine adjuvants market was valued at $0.4 billion in 2023, and is estimated to reach $0.6 billion by 2033, growing at a CAGR of 4.6%.
PORTLAND, OR, UNITED STATES, November 21, 2024 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Veterinary Vaccine Adjuvants Market1 by Type (Alum and Calcium Salts, Oil Emulsion Adjuvants, Liposomes and Archaeosomes, Nanoparticles and Microparticles and Others), Route of Administration (Oral, Subcutaneous, Intramuscular and Others), and Type of Animal (Livestock Animals and Companion Animals): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the veterinary vaccine adjuvants market was valued at $0.4 billion in 2023, and is estimated to reach $0.6 billion by 2033, growing at a CAGR of 4.6% from 2024 to 2033.Prime Determinants of Growth -
The growth of the veterinary vaccine adjuvants market is significantly bolstered by the increasing ownership of pets worldwide. As more people embrace pets as integral members of their families, the demand for preventive healthcare, including vaccinations, rises. Vaccinations are crucial in safeguarding the health of pets against infectious diseases, and adjuvants play a pivotal role in enhancing the efficacy of these vaccines by stimulating a robust immune response. Veterinary vaccine adjuvants are designed to improve vaccine effectiveness and duration of protection, thereby reducing the incidence and severity of diseases in pets.
📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐎𝐮𝐫 𝐆𝐞𝐧𝐮𝐢𝐧𝐞 𝐏𝐃𝐅 𝐇𝐞𝐫𝐞:
https://www.alliedmarketresearch.com/request-sample/A324537
Moreover, advancements in veterinary medicine and an increasing awareness of the benefits of preventive healthcare among pet owners further propel the demand for high-quality vaccines and adjuvants. Furthermore, ongoing research and development efforts aimed at creating safer and more effective adjuvants that minimize adverse reactions while maximizing immune response also contribute significantly in the growth of the market.
The alum and calcium salts segment dominated market share in 2023
By type, alum and calcium salts segment dominated the market share in 2023. This is attributed to the fact that alum salts, such as aluminum hydroxide and aluminum phosphate, have been extensively studied and utilized in human and veterinary vaccines for decades, providing a well-understood mechanism of action to enhance immune responses.
Intramuscular segment dominated market share in 2023
By route of administration, intramuscular segment dominated the market share in 2023. This is attributed to the fact that intramuscular administration ensures direct delivery of adjuvanted vaccines into the muscle tissue, which is rich in immune cells and blood vessels. This facilitates optimal immune response, as the adjuvant can efficiently activate antigen-presenting cells such as dendritic cells, thereby enhancing the immune recognition and response to the vaccine antigens.
Livestock segment dominated market share in 2023
By type of animal, the livestock segment dominated market share in 2023. This is attributed to the fact that the livestock population is much more than the companion animal. Furthermore, the livestock are seen as financial asset and vaccine plays an important role in maintaining their health.
♦ 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟐𝟓𝟎+ 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @
https://www.alliedmarketresearch.com/veterinary-vaccine-adjuvants-market/purchase-options
Regional Outlook -
North America holds a dominant position in the market, attributed to the surge in number of pets throughout the region, high awareness about the animal healthcare and well-established veterinary healthcare infrastructure. The presence of key market players and extensive research and development activities further drives the growth of market in North America region.
However, Asia-Pacific region is expected to register highest CAGR in the forecast period, owing to rising healthcare expenditures, high population of livestock as majority of rural population of countries like India, Japan and China are depended on livestock for their livelihood.
Key Market Players -
• SEPPIC
• SPI Pharma
• Bioveta AS
• Croda Internation PLC
• Merck & Co., Inc
• MVP Laboratories
• OZ Biosciences
• InvivoGe
• Evonik Industries
• Zoetis
The report provides a detailed analysis of these key players in the global veterinary vaccine adjuvants market. These players have adopted different strategies such as product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Recent Development -
In December 2022, Evonik Industries launched non-animal-derived squalene suitable for vaccines and other pharmaceutical applications. PhytoSquene is the first known amaranth oil-derived squalene for use in adjuvants in parenteral dosage forms.
👉 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐈𝐧 𝐃𝐞𝐭𝐚𝐢𝐥 -
https://www.alliedmarketresearch.com/purchase-enquiry/A324537
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