Poultry Healthcare Market

Global Poultry Healthcare Market is valued at USD 5.35 billion in 2022 and expected to reach USD 9.22 billion by 2029 with the CAGR of 8.1% over the forecast period.

Global Poultry Healthcare Market: Global size, Trends, Competitive, Historical and Forecast analysis, 2022-2029. Increasing demand for poultry vaccines and rising the demands of poultry products are key factor for driving the global poultry healthcare market. Growing prevalence of disease outbreaks such as Newcastle disease, avian influenza, bird flu etc. as well as increasing demand of poultry products are driving the poultry healthcare market.

Scope:

The domesticated birds such as duck, chicken, turkeys, goose, quails and other birds for production meat and egg purpose are classified as poultry animals. Due to growing consumption of non-vegetarian food, the poultry industry is one of the fastest growing segment of livestock animals. So to provide healthy protein rich meat food, poultry firms need to take care poultry animals to prevent diseases by effective implementation of appropriate measures of managing livestock which is termed as poultry healthcare market.

Poultry is the fastest progressing source of subsidiary income and the most thriving industry worldwide. It also provides nutritional security to the people. Poultry animals are the domesticated birds that include chicken, turkeys, duck and others. Consumption of livestock animal product is increasing gradually with increase in global population. Poultry healthcare plays an important role in generating higher revenue and productivity in poultry farming. This led to growing consumption of feed activities, vaccines in poultry farming and parasiticides.

Along with growing consumptions of non-vegetarian food poultry industry is one of the fastest growing segments. So to take care of poultry animals and to provide healthy protein rich meat food for prevent diseases, implementation of various poultry farming which is termed as poultry healthcare. Infectious disease agent spread quickly in poultry firm hence the primary motto of poultry healthcare is to detect parasites and to take productive measure came to a standstill spreading of disease.

The Global Poultry healthcare market is segmented on the basis on product type, diagnostic type, application, by services and region & country level. Based on product type, the Poultry healthcare market is bifurcated into vaccines, parasiticides, anti-invectives’, medical feed additives and other. In terms of diagnostic type, the market is classified into ELISA (Enzyme-Linked Immunosorbent Assay) Test, PCR (Polymerase Chain Reaction) Test, molecular diagnostic test, laboratory test and other (PCR (Polymerase Chain Reaction). Based on application, the global Poultry healthcare market is segmented as farm, house and others.

The regions covered in Global Poultry healthcare market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global medical device outsourcing market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Key Players:

Global Poultry healthcare market reports cover prominent players like -

• Ceva
• Zoetis
• Venkys India
• Phibro animal health corporation
• Merk and Co., Inc.
• Boehringer Ingelheim
• ROMVAC COMPANY S.A.
• Hester Biosciences Limited
• Indovax
• Eli Lilly and Company
• Bayer AG
• Merial Animal Health (Sanofi)
• AffiniTech Ltd
• Bimeda Inc.
• others

Segmentation:

By Product Type:

• Vaccines
• Parasiticides
• Anti-Infective
• Medical Feed Additives
• Other

By Diagnostic:

• ELISA (Enzyme-Linked Immunosorbent Assay) Test
• PCR (Polymerase Chain Reaction) Test
• Molecular Diagnostic Test
• Laboratory Test
• Other (PCR (Polymerase Chain Reaction)

By Application:

• Farm
• House
• Others

By Regional & Country Level:

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy

Asia Pacific

• China
• Japan
• India
• Southeast Asia

Latin America

• Brazil
• Mexico

Middle East and Africa

• GCC
• Africa
• Rest of Middle East and Africa

Market Dynamics:

Growing prevalence of disease outbreaks such as Newcastle disease, avian influenza, bird flu etc. along with increasing demand of poultry food and rising poultry firms in developing and developed countries are factors that are driving the poultry healthcare market. World Organization for Animal Health have estimated that around 122 million birds were affected due to outbreak of Asian Avian Influenza (HPAI) during January 2013-August 2018 globally. World per capita consumption of poultry was 112.3 compared to 110 pound in 2018 with annual growth rate of 2.09% which shows the dependence on poultry products by consumers who are opting for healthy and nutritious foods. This in turn helps the poultry healthcare market as health firms are pressurized to provide healthy food as well as to make their firms disease free. Other than that, government initiatives towards sustainable development of livestock animals significantly drives the poultry healthcare market. For example, National Livestock Mission program initiated by government of India and other programs implemented by animal welfare organizations have boosted the market growth. But presence of duplicate or false products, vaccination failures and lack of awareness on poultry health management processes particularly in emerging markets is restraining the poultry healthcare market. Steady increase in poultry product demand as well as innovative food recipes using poultry products will create more opportunity for the market to grow in future.

Increasing demand for poultry vaccines is one of the major factors driving the growth of Global Poultry healthcare Market.

Growing demand for poultry vaccines is the factors driving the poultry healthcare market. As Poultry Vaccines increases the immunity against the infection so there is increase in demand for vaccines such as live vaccines, inactivated vaccine, combinant vaccine and Nucleic Acid vaccine and also Due to increase in population of poultry animals and poultry farmers the demand for poultry vaccine is increasing. For instance,

According to the Department of Agriculture, Cooperation and Farmers Welfare, the population of poultry animals growth of gross rate added in year of 2012-13 was 5.2 while the value get increased in 2017-2018 to 7.0. Also, several companies are investing in new and innovative projects for poultry business development which probably increases the medical feeding of the poultry animals with concern to their health and it is driving the overall poultry healthcare market. For example, The Merck Animal Health had the active project involving total annual cost of poultry red mite infestations in the European egg laying industry is estimated to be €360 million, with more than 430 million hens in all production types in November 2017. Frequent use of poultry products as well as innovative food recipe will create more opportunity for the growth of the market. Moreover the vaccination failure, duplicate or spurious product and lack of awareness of poultry farm are restraining the overall market.

North America expected to dominate the Global Poultry healthcare Market.

North America is the largest regional market for poultry health. Because it is the major benefactor to livestock, agriculture, technological advancements and implementation of animal healthcare benefits across the region. Poultry industry is growing rapidly in United States. According to the data published by the US department of agriculture (USDA), the per capita consumption of poultry products in 2016 was 107.6 pounds and has been increased to 108.6 pounds in 2017. Thus, the rising production and consumption of the poultry products in the region is driving the growth of the poultry healthcare market.

In case of Asia Pacific, it also holds second massive potential position for growth of the global poultry healthcare market due to increase in poultry farming. Also well-established poultry production and animal health industry are the major factors that are responsible for the growth of poultry market. According to the report published by Molly Moore, the China had the highest poultry production throughout the Asia Pacific region in 2018, with a stock of over 6.38 billion. In addition, The poultry industry in Asia Pacific has been witnessing growth due to market in protein rich food and poultry meat, eggs are increasing.

News:

Boehringer Ingelheim Animal Health launches vaccine to protect poultry from three diseases

October 08^th, 2020– Matt Nelson, lead of The Boehringer Ingelheim Animal Health's U.S. poultry business had announced that Boehringer Ingelheim Animal Health launched an innovative, first-of-its-kind vaccine in the United States to protect poultry from the diseases. The first vaccine was VAXXITEK® HVT+IBD+ILT used to offer protection from diseases in poultry healthcare market. The latest addition in the VAXXITEK® family vaccine was for poultry healthcare which used the same bioengineering platform like VAXXITEK® HVT+IBD and Since the introduction in 2006 it was protected more than 100 billion birds from Marek's Disease as well as Infectious Bursal Disease in more than 75 countries. The company was manufactured their new vaccine in Gainesville and Georgia, where they made 60 billion doses of poultry vaccine a year in the US and in 60 other countries. After launched in US, they also planned for other countries. It will protect poultry animals from the diseases and helps to increase poultry healthcare market. Boehringer Ingelheim Animal Health is called as the second largest animal health business in the world, with net sales of $4.5 billion in 2019 and presence in more than 150 countries.

Report Analysis	Details
Historical data	2016 - 2021
Forecast Period	2022 - 2029
Market Size in 2022:	USD 5.35 Billion
Base year considered	2021
Forecast Period CAGR %:	8.1%
Market Size Expected in 2029:	USD 9.22 Billion
Tables, Charts & Figures:	175
Pages	300
Key Players/Companies	Ceva, Zoetis, Venkys India, Phibro animal health corporation, Merk & Co., Inc., Boehringer Ingelheim, ROMVAC COMPANY S.A., Hester Biosciences Limited, Indovax, Eli Lilly and Company, Bayer AG, Merial Animal Health (Sanofi), AffiniTech, Ltd, Bimeda, Inc. and others
Segments Covered	By Product Type, By Application, By Diagnostic
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa