Boehringer Ingelheim Is One Of The Largest Players In The Companion Animal Veterinary Vaccines Market, According To The Business Research Company’s Companion Animal Veterinary Vaccines Global Market Report 2020-30: Covid 19 Growth And Change
(Companies Covered: Boehringer Ingelheim, Eli Lilly and Company (Elcano), Heska Co., Merck Animal Health, Virbac, Zoetis, ElancoCeva Sante Animal S.A., Bayer Healthcare, NEOGEN CORPORATION, ImmuCell Corporation, Intervet Inc.)
The global companion animal veterinary vaccines market is expected to decline from $2.72 billion in 2019 to $2.60 billion in 2020 at a compound annual growth rate of -4.34%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $3.22 billion in 2023 at a rate of 7.43%.
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The companion animal veterinary vaccines market consists of sales of companion animal vaccines by entities (organizations, sole traders and partnerships) that manufacture companion animal vaccines. Companion animal vaccines are substances that are used to stimulate the production of antibodies and provide immunity against one or several diseases in pets such as dogs, birds and cats. Only goods and services traded between entities or sold to end consumers are included.
Global Companion Animal Veterinary Vaccines Market Segmentation –
1) By Product: Inactivated, Live Attenuated, Recombinant, Others
2) By Route Of Administration: Oral, Parenteral, Others
3) By Distribution Channel: Veterinary Hospitals, Veterinary Clinics, Pharmacies & Drug Stores, Others.
Global Companion Animal Veterinary Vaccines Market Driver –
Companies in the companion animal veterinary vaccine industry are increasingly collaborating and partnering with other players to drive product innovations. To succeed in the increasingly competitive veterinary market, companion animal veterinary vaccines companies are entering into new geographies and developing innovative products through sharing skills and expertise with other players.
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Few Points From The Global Companion Animal Veterinary Vaccines Market TOC
1. Executive Summary
2. Companion Animal Veterinary Vaccines Market Characteristics
3. Companion Animal Veterinary Vaccines Market Size And Growth
3.1. Global Companion Animal Veterinary Vaccines Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Companion Animal Veterinary Vaccines Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Companion Animal Veterinary Vaccines Market Segmentation
4.1. Global Companion Animal Veterinary Vaccines Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.2. Global Companion Animal Veterinary Vaccines Market, Segmentation By Route Of Administration:, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.3. Global Companion Animal Veterinary Vaccines Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Companion Animal Veterinary Vaccines Market Regional And Country Analysis
5.1. Global Companion Animal Veterinary Vaccines Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Companion Animal Veterinary Vaccines Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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