Hyderabad, India -- (SBWIRE) -- 03/15/2018 -- Veterinary vaccines have had, and keep on having, a noteworthy role in securing animal health and the associated human well-being, lessening the animal's pain, ensuring there is enough supply of food derived from animals that can satisfy the needs of the growing population, and incredibly decreasing the requirement for anti-infection agents to treat animals.

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The Asia-pacific veterinary vaccines market was estimated to be at a market value of USD 919.72 Million in 2015 and is projected to rise at a CAGR 7.22% to reach USD 1,303.22 Million by 2022 owing to the improvement in animal husbandry practices in Asia-pacific region.
The ascent in the number of pet proprietors and their moving concentration towards the safe maintenance of the pets are some other elements pushing the development of the market. Government initiations, then again, are influencing the advantages of the veterinary vaccine market.

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Growing usage of continuous cell lines as a substrate and embracing of the fermenter technology for antigen production are expected to have a positive impact on the market expansion during the forecast period. The increasing demand for proteins derived from animals and growing awareness towards balance in the ecosystem are also expected to have a positive impact on the market expansion.
However, the mass buy and supply of veterinary vaccines by nations like India and the increasing adoption of a vegetarian diet in fear of obesity is bringing down the revenue of the market to a little extent.

Geographically, the market is categorized into India, China, Japan and South Korea. Asia-pacific is expected to have high growth rate during the forecast period owing to the increasing adoption of pet and the increasing presence of the key players in the market in the Asian region.

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Some of the key players of veterinary vaccines market include Bayer HealthCare AG, Bioniche Animal Health Canada, Sanofi Animal Health, Inc., Biogenesis Bago SA, Heska Corporation, Indian Immunologicals Ltd., Boehringer Ingelheim GmbH, Zoetis, Novartis Animal Heath, Inc., Merck & Co. Inc, and Protein Sciences.

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