PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1663395
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1663395
The global poultry vaccines market is poised for significant growth, reaching USD 4.29 billion by 2032 from USD 2.22 billion in 2022, expanding at a robust CAGR of 7.60% during the forecast period. This growth is attributed to the increasing prevalence of poultry diseases, advancements in vaccine technologies, and supportive government initiatives promoting vaccination campaigns to safeguard poultry health and ensure food security.
The broiler segment holds a dominant position in the market due to the high demand for broiler chickens worldwide, which requires targeted vaccination programs to enhance immunity and productivity. Modified/attenuated live vaccines are the most widely used due to their cost-effectiveness, ease of administration, and ability to provide robust, long-term immunity. Innovations such as recombinant vaccines and combination products are gaining traction, addressing multiple diseases with fewer injections, thus simplifying immunization protocols.
The injectable route of administration remains the most preferred method for its precision and effectiveness in delivering vaccines. However, the intranasal route is witnessing rapid adoption due to ease of mass administration and its ability to stimulate mucosal immunity.
The North American region dominates the market, supported by advanced veterinary infrastructure, government funding for R&D, and the presence of major market players like Zoetis Services LLC and Merck & Co., Inc.. Meanwhile, the Asia Pacific region is anticipated to grow at the fastest pace, driven by rising poultry production, increasing awareness about disease prevention, and supportive government policies.