Global Aquaculture Vaccines Market Statistics, Development and Growth 2017 to 2023
Summary – A New Market Study, “Global
Aquaculture Vaccines Market: Market Estimation, Dynamics, Regional Share,
Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023” Has Been Featured On Wiseguyreports.
Global Aquaculture Vaccines Market
Aquaculture
is defined as the rearing, breeding, and harvesting of aquatic organisms such
as animals and plants present in the rivers, lakes, ponds, and oceans, major
marine species are fish, plants, and shellfish. The major challenge in the fish
production process is the development and presence of various diseases which
can be prevented by using different types of vaccines. Vaccination to the
fishes may help to reduce the use of antibiotics, which lead to increase in the
fish production. Different types of vaccines available in the aquaculture
vaccines market for the treatment of various diseases caused by bacterial,
fungal, and viral infections.
Global
aquaculture vaccines market is growing at a significant CAGR due to increase in
the aquaculture farming. Increase in the water pollution, rise in the funding
from government for the aquaculture development, an increase in the research
and development activities regarding aquaculture vaccines by various research
institutes are anticipated fuel the aquaculture vaccines market over the
forecast period. Moreover, increase in the prevalence of various bacterial and
viral infections in the fishes, rise in the awareness regarding vaccination,
and innovation of new vaccines for the prevention of various aquatic diseases
expected to bolster the aquaculture vaccines market across the globe. However,
stringent regulatory policies for the vaccines approval, complexity for the
storage of vaccines, a high cost of the vaccines, local allergic reactions
associated with the vaccines, and less information available regarding the
vaccines usage might hamper the growth of Global aquaculture vaccines market
over the forecast period.
Global
Aquaculture vaccines market is segmented on the basis of vaccine type,
application, species type, and route of administration
Based on the
vaccine type, aquaculture vaccines market is segmented into the following:
Inactivated
vaccines
Inactivated
virus or bacterial antigens
Sub-unit
vaccines
Recombinant
vaccines
Live vaccines
Attenuated
live vaccines
Gene-deleted
live vaccines
DNA vaccines
Based on the
application, aquaculture vaccines market is segmented into the following:
Bacterial
infections
Viral
infections
Fungal
infections
Parasitic
infections
Based on the
species type, aquaculture vaccines market is segmented into the following:
Carp
Salmon
Seabass
Sturgeon
Trout
Turbot
Sea bream
Others
Based on the
route of administration, aquaculture vaccines market is segmented into the
following:
Immersion
vaccination
Injection
vaccination
Oral
vaccination
Spray
vaccination
Global
aquaculture vaccines market is in developing stage, several local and
international players are actively involved in the development of aquaculture
vaccines to increase their share in the aquaculture vaccines market. Increase
in the aquatic farming expected to fuel the aquaculture vaccines market.
According to FAO, in 2011, approximately 83.7 Mn tonnes of aquatic products
were produced. Acquisitions & mergers, collaborations, launching new
products, an increase in the research and development activities are some key
strategies adopted by various companies in the aquaculture vaccines market. For
instance, in 2015, Zoetis Inc. acquired PharmaQ for the development of aquaculture
vaccines to increase company’s share in global aquaculture vaccines market.
Similarly, in April 2008, 7 India and 5 Norway institutions were collaborated
for the development of aquaculture vaccines to treat various viral infections.
In addition, in February 2014, Benchmark Holdings strengthened the product
portfolio by acquiring the assets of Zoetis aquaculture vaccines. Various
pipeline products under the clinical trials expected to fuel the aquaculture
vaccines market over the forecast period.
Geographically
Aquaculture vaccines market is segmented into following regions Viz. North
America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Europe holds the dominant share in global aquaculture vaccines market, which is
attributed to the highest salmon production (according to FAO, over 1 Mn tonnes
were produced in 2015) in the Norway. Increase in the awareness regarding
aquaculture vaccination, a rise in the prevalence of infectious diseases, an
increase in the aquaculture production in other Europe countries such as
Ireland and U.K expected to fuel the aquaculture vaccines market over the
forecast period. Asia Pacific is a key region for global aquaculture vaccines
market owing to increase in the production of aquatic products in China, Vietnam,
Bangladesh, India, and Thailand and growing research and development activities
for aquaculture vaccines in Asia Pacific region also bolster the Global
aquaculture vaccines market over the forecast period.
Some of the
players in the global aquaculture vaccines market are zoetis (Pfizer Inc.)
(U.S.), Benchmark Holdings Plc. (U.K.), Ridgeway Biologicals Ltd. (U.K.),
Virbac (France), Vaccibody AS (Bio-Medisinsk Innovasjon AS) (Norway), Merck
& Co. Inc. (U.S.), and Bayer Animal Health (Germany) to name a few.
In January
2017, Ridgeway Biologicals was integrated with IDT Biologika for the
development of various vaccines including aquaculture
In May 2015,
Vaccibody AS aquaculture research collaboration has received NOK 10 Mn from the
Norwegian research council for the development of new targeting vaccines for
sustainable aquaculture
Report
Outline:
The report
provides granular level information about the market size, regional market
share, and forecast from 2017-2023
The report
covers in-detail insights about the competitor’s overview, key findings, and
their key strategies
The report
outlines drivers, restraints, challenges, and trends that are currently faced
by the industry
The report
tracks recent innovations, key developments, and startup’s details that are
working in the industry
The report
provides plethora of information about market entry strategies, regulatory
framework, and reimbursement scenario
For More Details : https://www.wiseguyreports.com/reports/2753894-global-aquaculture-vaccines-market-market-estimation-dynamics-regional-share-trends
About Us:
Wise Guy Reports Is Part Of The Wise Guy Research Consultants Pvt. Ltd. And Offers Premium Progressive Statistical Surveying, Market Research Reports, Analysis & Forecast Data For Industries And Governments Around The Globe.
Contact Us:
Norah
Trent
Ph: +162-825-80070
(Us)
Ph: +44 2035002763 (Uk)
Comments
Post a Comment