Global Duck Virus Enteritis Vaccine Market Size, Share, and COVID-19 Impact Analysis, By Type (Live Vaccines and Killed Vaccines), By Application (Duck and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: HealthcareGlobal Duck Virus Enteritis Vaccine Market Insights Forecasts to 2033
- The Global Duck Virus Enteritis Vaccine Market Size was Valued at USD 0.066 Billion in 2023
- The Market Size is Growing at a CAGR of 5.43% from 2023 to 2033
- The Worldwide Duck Virus Enteritis Vaccine Market Size is Expected to Reach USD 0.112 Billion by 2033
- North America is expected to grow the fastest during the forecast period.
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The Global Duck Virus Enteritis Vaccine Market Size is anticipated to exceed USD 0.112 billion by 2033, growing at a CAGR of 5.43% from 2023 to 2033.
Market Overview
The herpesvirus of ducks is the cause of the viral disease known as duck virus enteritis (DVE), or duck plague. DVE is particularly difficult to control as it is extremely contagious and can cause abrupt death in infected ducks, frequently without any prior signs. The ducks, geese, and swans all members of the Anatidae family of the Anseriformes order naturally contract duck viral enteritis (DVE), an acute, occasionally chronic, infectious virus illness. The development of vaccines by pharmaceutical and medical organizations using cutting-edge technology is a main factor driving the growth of the duck virus enteritis vaccine market. The need for vaccinations has increased due to increased knowledge of duck virus enteritis among conservationists and poultry farmers. Vaccines are crucial for preserving waterfowl populations and averting large financial losses.
Report Coverage
This research report categorizes the duck virus enteritis vaccine market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the duck virus enteritis vaccine market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the duck virus enteritis vaccine market.
Global Duck Virus Enteritis Vaccine Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 0.066 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.43% |
2033 Value Projection: | USD 0.112 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 115 |
Segments covered: | By Type, By Application, By Regional |
Companies covered:: | Ceva Santé Animale, Institute of Veterinary Preventive Medicine, Veterinary Research Institute, Chengdu TECBOND Biological, International Duck Research Cooperative, Ringpu Bio-Pharmacy, MSD Animal Health, Others, and |
Pitfalls & Challenges: | COVID-19 Impact, Challenge, Future, Growth, & Analysis |
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Driving Factors
Technological developments, rising consumer demand, and changing regulatory frameworks are driving the market for duck virus enteritis vaccines, which have substantial growth potential. Demand is probably going to be driven by growing interest in eco-friendly and sustainable solutions, particularly in industries like manufacturing and healthcare. As producers and stakeholders realize the significance of mass immunization for protecting duck populations and ensuring food security, the focus on accessibility and cost is anticipated to drive the additional expansion in the duck virus enteritis vaccine market.
Restraining Factors
Farmers can be reluctant to vaccinate their duck populations due to worries about possible adverse effects or doubts about the effectiveness of the vaccine, which might restrict the growth of duck virus enteritis vaccine market.
Market Segmentation
The duck virus enteritis vaccine market share is classified into type and application.
- The live vaccines segment is estimated to hold the largest market revenue share through the projected period.
Based on the type, the duck virus enteritis vaccine market is classified into live vaccines and killed vaccines. Among these, the live vaccines segment is estimated to hold the largest market revenue share through the projected period. Live vaccinations use a virus that is still alive but has undergone severe weakening. These vaccinations contain viruses that stimulate ducks and other waterfowl's immune systems without actually causing the disease to manifest.
- The duck segment is anticipated to hold the largest market share through the forecast period.
Based on the application, the duck virus enteritis vaccine market is divided into duck and others. Among these, the duck segment is anticipated to hold the largest market share through the forecast period. To prevent significant farming operations from suffering and to keep duck health at the forefront of such activities, this vaccine must be applied to huge populations of ducks.
Regional Segment Analysis of the Duck Virus Enteritis Vaccine Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to hold the largest share of the duck virus enteritis vaccine market over the predicted timeframe.
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Asia Pacific is anticipated to hold the largest share of the duck virus enteritis vaccine market over the predicted timeframe. The massive poultry farming industries in nations like China, India, Japan, and even South Korea are major drivers of the Asia-Pacific industry. This is due to customers’ strong and steady demand for chicken products, which has led to a rise in the demand for DVE vaccines from pharmacies and healthcare facilities. Another important factor driving this market's expansion is government efforts to stop illness outbreaks.
North America is expected to grow at the fastest CAGR growth of the duck virus enteritis vaccine market during the forecast period. In North America, duck farming operations have been steadily expanding, which has increased the requirement for DVE vaccines. AI, automation, and smart technology developments are the main factors propelling the market. Growing demand in industries including healthcare, automotive, and industrial automation, combined with increased R&D spending, is driving the market's notable expansion.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the duck virus enteritis vaccine market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Ceva Santé Animale
- Institute of Veterinary Preventive Medicine
- Veterinary Research Institute
- Chengdu TECBOND Biological
- International Duck Research Cooperative
- Ringpu Bio-Pharmacy
- MSD Animal Health
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
- This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the duck virus enteritis vaccine market based on the below-mentioned segments:
Global Duck Virus Enteritis Vaccine Market, By Type
- Live Vaccines
- Killed Vaccines
Global Duck Virus Enteritis Vaccine Market, By Application
- Duck
- Others
Global Duck Virus Enteritis Vaccine Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the duck virus enteritis vaccine market over the forecast period?The duck virus enteritis vaccine market is projected to expand at a CAGR of 5.43% during the forecast period.
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2. What is the market size of the duck virus enteritis vaccine market?The Global Duck Virus Enteritis Vaccine Market Size is Expected to Grow from USD 0.066 Billion in 2023 to USD 0.112 Billion by 2033, at a CAGR of 5.43% during the forecast period 2023-2033.
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3. Which region holds the largest share of the duck virus enteritis vaccine market?Asia Pacific is anticipated to hold the largest share of the duck virus enteritis vaccine market over the predicted timeframe.
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