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Aquaculture Vaccines Market 2020 By Regional Trend & Growth Forecast To 2025

Author : Ronak Bora | Published Date : 2020-09-15 

Aquaculture Vaccines Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Huge demand for seafood and growing awareness about consumer health have efficiently reinforced aquaculture vaccines market share in recent times. Maintaining the health of fish for healthy consumption has also helped the aquaculture vaccines industry size to expand. Intensifying research and development activities to seek latest methods for advancement of novel vaccines will favor the industry growth.

A number of aquaculture vaccines market players have been resorting to intensive R&D financing for the manufacture of advanced vaccines. The provision of many funding schemes from private institutes and governments for R&D activities to develop vaccines will also be one of the major parameters fueling aquaculture vaccine industry share growth.

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Vaccines are rapidly being adopted over antibiotics for protection against several viral and bacterial infections which will highly impact aquaculture vaccines market trends. Vaccines offer better protection without any adverse results of antibiotics including disease recurrence and resistance. With the escalating prevalence of bacterial and viral infections, the need of aquaculture vaccines is anticipated to grow and upsurge aquaculture vaccines industry size by 2025.

In 2018, inactivated vaccines segment was responsible for revenue share of around $158.2 million. There are many benefits associated with inactivated vaccines like rapid and strong immune response. Introduction of new and advanced inactivated vaccines for medication of complex and multiple viral and bacterial infections will boost aquaculture vaccines market trends in ensuing future.

According to an aquaculture vaccines industry forecast report, immersion vaccines market will demonstrate considerable growth at 6.7% CAGR over 2019-2025. Uninterrupted exposure of immune cells, which are found in the skin and gills of fish, to antigens will produce a strong and long-term immune response. Moreover, amplifying effectiveness of immersion vaccines and easiness of vaccine administration are likely to augment immersion vaccines segment growth and concurrently boost aquaculture vaccines market outlook.

Aquaculture vaccines aimed to treat viral diseases held substantial aquaculture vaccine industry share of 15.8% in 2018. According to the National Institute of Health (NIH), the second most predominant disease challenge in fish farming are viral diseases which account for around 23% of incidences across the globe. Increase in number of viral infections like infectious pancreatic necrosis (IPN) and infectious salmon anemia (ISA) will also majorly contribute to improve segment growth and aquaculture vaccines market outlook.

As per aquaculture vaccines industry forecast report, tilapia segment will surpass revenue share of around $45.5 million by 2025. Increasing demand and commercial importance of tilapia in the international market will efficiently drive the segmental growth. According to the Food and Agriculture Organization of the United Nations (FAO), the second most important species of finfish is tilapia which accounted for almost 7.4% of the entire aquaculture production in 2015. Uplifting tilapia production owing to the small production period and simple culture techniques is going to augment tilapia vaccines market share growth in the future.

In 2018, the U.K. aquaculture vaccines industry size accounted for considerable share and has been projected to exceed $29.2 million by 2025. Upsurge in number of novel vaccines introduced in the U.K. on account of the rising demand for protection of numerous fish species will spur the U.K. aquaculture vaccines market share growth. In addition, encouraging government support and increasing adoption of vaccines instead of antibiotics are likely to further raise the U.K. aquaculture vaccines industry size growth.

Various global aquaculture vaccine market players have been striving to gain a huge chunk of profit in the business by following different growth strategies. Some of the leading industry players operational in global aquaculture vaccines market include Hipra, Merck & Co., Inc., Zoetis Inc., Virbac, Tecnovax, Nisseiken Co. Ltd. and Veterquimica S.A. The latest research report compiled by GMI Inc. has predicted that aquaculture vaccines market share is set to surpass $290 million by 2025. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/aquaculture-vaccines-market

Partial Chapter of the Table of Content 

Chapter 4.    Aquaculture Vaccines Market, By Type of Vaccines

4.1. Key segment trends

4.2. Inactivated vaccines

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.3. Live vaccines

4.3.1. Market size, by region, 2014 – 2025  (USD Million)

4.4. Others

4.4.1. Market size, by region, 2014 – 2025  (USD Million)

Chapter 5.    Aquaculture Vaccines Market, By Route of Administration

5.1. Key segment trends

5.2. Immersion vaccines

5.2.1.  Market size, by region, 2014 – 2025 (USD Million)

5.3. Injection vaccines

5.3.1.  Market size, by region, 2014 – 2025 (USD Million)

5.4. Oral vaccines

5.4.1.  Market size, by region, 2014 – 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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