Europe Veterinary Vaccine Market - Growth, Trends, and Forecast (2019-2024)

The Europe Veterinary Vaccine Market is Segmented by Animal Vaccine Type (Livestock Vaccines and Companion Animal Vaccines), Technology, and Geography.

Market Snapshot

Europe Vet Vaccine-1
Study Period:

2016-2024

Base Year:

2018

Key Players:

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Market Overview

The European veterinary vaccine market is expected to witness a CAGR of 5.57% over the forecast period, 2019-2024. The key factors propelling the growth of this market are increasing incidences of livestock diseases, initiatives by various government agencies, animal associations, leading players in the European region, and the increasing incidences of zoonotic diseases.

In 2018, Boehringer Ingelheim announced its plans to invest EUR 65 million in France for the production of avian vaccines, as its demand increased with an increase in poultry consumption. Moreover, the Veterinary Vaccinology Network (VVN) is an association of the United Kingdom, which takes care of veterinary vaccines in the country. The VVN association is working to introduce new developments, along with the latest tools, and technologies to meet the needs of veterinary vaccinology in the country. Furthermore, in 2017, Spain implemented the Brucellosis Eradication Program with a target of reducing the number of cases of brucellosis at the end of 2018, and complete eradication by 2019.

The aforementioned statements indicate that veterinary health is an essential part for the European countries and good care of animal health is taken, which is a prime factor that augments the growth of the European veterinary vaccine market.

Scope of the Report

The European veterinary vaccine market has been segmented based on vaccine type, technology, and geography. By vaccine type, the market is divided into livestock vaccines and companion animal vaccines. By technology, the market is divided into live attenuated vaccines, inactivated vaccines, toxoid vaccines, recombinant vaccines, and other technologies.

By Animal Vaccine Type
Livestock Vaccines
Bovine Vaccines
Poultry Vaccines
Porcine Vaccines
Other Livestock Vaccines
Companion Animal Vaccines
Canine Vaccines
Feline Vaccines
Equine Vaccines
By Technology
Live Attenuated Vaccines
Inactivated Vaccines
Toxoid Vaccines
Recombinant Vaccines
Other Technologies
Geography
Europe
Germany
UK
France
Italy
Spain
Rest of Europe

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Key Market Trends

Live Attenuated Vaccines Segment is Expected to hold the Largest Market Share

The live attenuated vaccines segment of the European veterinary vaccine market is believed to have the largest market size, and it is expected to witness a CAGR of approximately 5.12% over the forecast period.

All vaccines licensed for oral or intranasal administration are attenuated. These vaccines must be stored and handled properly, with strict attention to temperature, even in the lyophilized (free-dried) state. After the reconstitution, the vaccines dose should be administered promptly (within 1 hour) or discarded. Some examples of these type of vaccines include canine distemper virus vaccines and all canine parvovirus and adenovirus-2 vaccines.

Owing to the rising use of live attenuated vaccines, the segment is contributing to the largest market share of the European veterinary vaccine market.

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Europe Vet Vaccine-2

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Competitive Landscape

The European veterinary vaccine market is a consolidated market, and it consists of several major players. In terms of market share, a few of the major players currently dominate the market. Companies, like Zoetis Inc., Merck & Co. Inc., Virbac, Eli Lily and Company (Elanco), and Boehringer Ingelheim International GmbH, hold the substantial market share in the European veterinary vaccine market.

Major Players

  1. Zoetis Inc.
  2. Merck & Co. Inc.
  3. Virbac SA
  4. Eli Lily and Company
  5. Boehringer Ingelheim International GmbH

* Complete list of players covered available in the table of contents below

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Incidences of Livestock Diseases

      2. 4.2.2 Initiatives by Various Government Agencies, Animal Associations, and Leading Players

      3. 4.2.3 Increasing Incidences of Zoonotic Diseases

    3. 4.3 Market Restraints

      1. 4.3.1 High Storage Costs for Vaccines

      2. 4.3.2 Lack of Veterinarians and Shortage of Skilled Farms

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Animal Vaccine Type

      1. 5.1.1 Livestock Vaccines

        1. 5.1.1.1 Bovine Vaccines

        2. 5.1.1.2 Poultry Vaccines

        3. 5.1.1.3 Porcine Vaccines

        4. 5.1.1.4 Other Livestock Vaccines

      2. 5.1.2 Companion Animal Vaccines

        1. 5.1.2.1 Canine Vaccines

        2. 5.1.2.2 Feline Vaccines

        3. 5.1.2.3 Equine Vaccines

    2. 5.2 By Technology

      1. 5.2.1 Live Attenuated Vaccines

      2. 5.2.2 Inactivated Vaccines

      3. 5.2.3 Toxoid Vaccines

      4. 5.2.4 Recombinant Vaccines

      5. 5.2.5 Other Technologies

    3. 5.3 Geography

      1. 5.3.1 Europe

        1. 5.3.1.1 Germany

        2. 5.3.1.2 UK

        3. 5.3.1.3 France

        4. 5.3.1.4 Italy

        5. 5.3.1.5 Spain

        6. 5.3.1.6 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Merck & Co. Inc.

      2. 6.1.2 Virbac SA

      3. 6.1.3 Hester Biosciences Ltd

      4. 6.1.4 Eli Lilly & Company

      5. 6.1.5 Ceva Sante Animale

      6. 6.1.6 Phibro Animal Health Corp.

      7. 6.1.7 HIPRA

      8. 6.1.8 Zoetis Inc.

      9. 6.1.9 Boehringer Ingelheim International GmbH

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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