Poultry Health Market – Global Industry Analysis by Drugs Type, Diagnostics, Application, Region and Forecast (2022-2029)

Poultry Health Market size was valued at US$ 6.13 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 4.3% through 2022 to 2029, reaching nearly US$ 8.59 Bn.
Poultry Health Market Overview:
Domesticated birds such as chickens, ducks, geese, turkeys, quails, and other birds kept by humans are known as poultry animals. The poultry industry is one of the most rapidly growing segments of the livestock industry. The veterinarian is a critical link for companies that are seeking to improve the health and wellbeing of poultry animals. Vaccines, Medicinal Feed Additives, Parasiticides, and Anti-infectives are some of the drugs type of the poultry health.To know about the Research Methodology :- Request Free Sample Report
Poultry Health Market Dynamics:
Besides providing secondary income, poultry farming also ensures nutritional security for people. Because of the importance of poultry production, the government is putting forth efforts to improve it. For example, the Indian government's National Livestock Mission effort promotes the long-term growth and development of the livestock sector, including poultry. There are provisions for various poultry farming and related activities within this mission.

The government is also taking steps to address the issues that arise during the production of poultry. According to the International Food Policy Research Institute, developing nations are expected to produce roughly 40% more meat & 60% more milk per capita by 2021 than they did in 1990. As production grows, so does the demand for adequate animal healthcare, and as a result, governments in various developing nations are investing in the development of better animal healthcare systems, which benefits the poultry healthcare market.

Other factors, such as an increase in demand for chicken-derived food products and the development of zoonotic diseases, are also driving the poultry health market during the forecast period.
Poultry Health Market Segment Analysis:
Based on the Drugs Type, the market is segmented into Vaccines, Medicinal Feed Additives, Parasiticides, Anti-infectives, and Others. Vaccines segment is expected to hold the largest market share of xx% by 2029. Vaccination is a critical component in protecting poultry birds from sickness and, in some circumstances, mortality around the world. Vaccines for a wide range of diseases have been produced and are well established for poultry animals.

Every country has also set immunisation recommendations that are followed at the national level to protect animals from disease, and disease management programmes for poultry are aimed at preventing disease and keeping them healthy. The USDA Center for Veterinary Biologics, which is part of the USDA Animal and Plant Health Inspection Service, regulates veterinary biologics in the United States. As a result, various companies are focusing on enhancing distribution channels with cutting-edge remedies that are propelling the whole market forward.

Based on the Diagnostics, the market is segmented into ELISA (Enzyme-Linked Immunosorbent Assay) Test, PCR (Polymerase Chain Reaction) Test, Molecular Diagnostic Test, and Other Test Types. PCR (Polymerase Chain Reaction) Test segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029.

PCR tests (polymerase chain reaction) can detect infectious diseases and genetic changes quickly and accurately. DNA or RNA from pathogens, as well as aberrant cells, are examined in a sample. PCR assays, unlike many other tests, can detect disease even in the early stages of infection. Some tests may miss early signs of disease because there aren't enough viruses, bacteria, or other pathogens present in the sample, or your body hasn't had enough time to build antibodies. Antibodies are proteins produced by your immune system to fight external invaders like viruses and bacteria. The PCR test can detect disease when there are only a few pathogens in your body.

ELISA (Enzyme-Linked Immunosorbent Assay) Test segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. ELISA, or enzyme-linked immunosorbent assay, is a biological test used to measure antibodies, antigens, proteins, and glycoproteins. A few examples include HIV diagnosis, pregnancy testing, and the detection of cytokines or soluble receptors in the cell supernatant or serum.
Poultry Health Market Regional Insights:
North America region is expected to dominate the Poultry Health market during the forecast period 2022-2029. North America region is expected to hold the largest market shares of xx% by 2029. Agriculture, livestock, technology improvements, and the establishment of animal healthcare benefits are all key contributors in North America. In the United States, the chicken business is quickly growing.

The per capita consumption of poultry products in 2017 was 107.6 pounds, according to USDA data, and was increased to 108.6 pounds in 2018. Thus, throughout the forecast period, increased production and consumption of poultry-derived products in the region is expected to boost poultry health market growth.

The objective of the report is to present a comprehensive analysis of the Global Poultry Health Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Poultry Health Market dynamic, structure by analyzing the market segments and project the Global Poultry Health Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Poultry Health Market make the report investor’s guide.
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Global Poultry Health Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 6.13 Bn.


Forecast Period 2022 to 2029 CAGR:
4.3%
Market Size in 2029:
US $ 8.59 Bn.


 Segments Covered:
by Drugs Type
• Vaccines
• Medicinal Feed Additives
• Parasiticides
• Anti-infectives
• Others


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


by Application
• Farm
• House
• Others



Poultry Health Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Poultry Health Market, Key Players are:
• Bayer AG
• Bimeda Inc.
• Boehringer Ingelheim Animal Health
• Ceva Animal Health Inc.
• Eli Lilly and Company
• Merck & Company Inc.
• Sanofi SA
• Virbac SA
• Vetoquinol SA
• Zoetis Inc.
• AffiniTech Ltd.
• BioChek Smart Veterinary Diagnostics
• BioinGentech Biotechnology Company
• Bioneer Corporation
• IDEXX Laboratories Inc.
• MEGACOR Diagnostik GmbH
• Thermo Fisher Scientific Inc.
• MERIAL
• ROMVAC COMPANY S.A.
• Hester Biosciences Limited
• Indovax
• Venkys India
• Phibro animal health corporation

Frequently Asked Questions:

1] Which region is expected to hold the highest share in the Poultry Health Market?
Ans. North America is expected to hold the highest share in the Poultry Health Market.

2] Who are the top key players in the Poultry Health Market?
Ans. Bayer AG, Bimeda Inc., Boehringer Ingelheim Animal Health, Ceva Animal Health Inc., and Eli Lilly and Company are the top key players in the Poultry Health Market.

3] Which segment holds the largest market share in the Poultry Health market by 2029?
Ans. Vaccines segment hold the largest market share in the Poultry Health market by 2029.

4] What is the market size of the Poultry Health market by 2029?
Ans. The market size of the Poultry Health market is expected to reach US $ 8.59 Bn. by 2029.

5] What was the market size of the Poultry Health market in 2021?
Ans. The market size of the Poultry Health market was worth US $ 6.13 Bn. in 2021.