Zion Market Research Global Animal Vaccines Market, 2015–2021 | Page 3

Animal Vaccines Market
Based on the type of vaccine, the global animal vaccines market is segmented as
inactivated vaccines, toxoid vaccines, live attenuated vaccines, subunit vaccines, and
others. The others segment is further sub-segmented as conjugate vaccines, recombinant
vaccines, and DNA vaccines. Of which, the DNA vaccines segment is anticipated to account
for the highest growth in the near future. On the basis of disease category, the global
market is segmented as anthrax vaccines, rabies vaccine, brucellosis vaccine, DA2PPC
vaccine, clostridium vaccine, and others. Based on the product type, the market is further
segmented as companion animal, porcine, livestock, equine, poultry, aquaculture, and other
animal vaccines. Owing to the rising number of pet owners worldwide, the companion
animal segment proves to be largest and the fastest growing segment in the global market.
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The growth of global animal vaccines market is expected to boost owing to the increase in
the livestock population and frequent occurrence of livestock diseases. In addition, factors
such as rising prevalence of zoonotic diseases, various initiatives were taken up by different
government agencies and animal associations, and the introduction of new vaccine types
also impact the growth of the market in a positive way. Moreover, technological innovations,
growing awareness regarding animal health in the emerging countries, etc. are some other
factors boosting the market growth.
Asia Pacific is experiencing the highest growth in the global market owing to its increased
consumption and trade of meat. This trend is followed by China due to its rising