Poultry Vaccines Market Size (2024 - 2029)

Poultry Vaccines Market Analysis

The Poultry Vaccines Market size is estimated at USD 1.39 billion in 2024, and is expected to reach USD 1.7 billion by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).

Poultry farming is a vital industry in the global food sector, providing a significant source of protein. However, diseases pose a constant threat to poultry health, leading to economic losses for farmers and impacting food security. To combat this challenge, the use of vaccines in the poultry industry has become increasingly prevalent. Over the years, the poultry vaccines market has witnessed substantial growth, driven by various factors such as increasing poultry production, rising awareness about disease prevention, and advancements in vaccine technology.

One of the primary drivers behind the growth of the poultry vaccines market is the expansion of poultry production worldwide. With growing populations and rising incomes in many regions, there is a greater demand for poultry products. For instance, according to the United Nations, the global population could grow to around 8.5 billion by 2030, 9.7 billion by 2050, and 10.4 billion by 2100. Consequently, farmers are scaling up their operations to meet this demand, leading to larger poultry populations that require effective disease management strategies.

Farmers are increasingly recognizing the importance of preventive measures in maintaining the health and productivity of their poultry flocks. Vaccination is seen as a proactive approach to disease management, offering protection against a wide range of viral and bacterial pathogens. By vaccinating their birds, farmers can significantly reduce the risk of disease outbreaks, resulting in improved flock health and productivity.

Advancements in vaccine technology have also played a crucial role in driving the growth of the poultry vaccines market. Researchers and manufacturers are continually developing new and improved vaccines that offer better efficacy, safety, and convenience. This includes the development of recombinant vaccines, vector vaccines, and novel delivery systems, providing farmers with a broader range of options to protect their poultry flocks.

Thus, due to the above-mentioned factors, the market is expected to witness substantial growth during the forecast period.

Poultry Vaccines Industry Segmentation

Vaccines help prevent diseases by boosting the immune system to produce antibodies, which, in turn, fight against organisms such as Salmonella, E. coli, and Mycoplasma gallisepticum (MG). Vaccines offer protection from diseases like Marek's disease, infectious bronchitis (IB), avian rhinotracheitis (ART), Newcastle disease, and infectious bursal disease (Gumboro disease).

The poultry vaccines market is segmented by diseases (bronchitis, avian influenza, Newcastle Disease, Marek's disease, and others), technology (recombinant vaccines, inactivated vaccines, live attenuated vaccines (LAV), and others), and geography (North America, Europe, Asia-Pacific, the Middle East and Africa, and South America). The report offers the value (in USD) for the above segments.