What Is the Historic and Forecast Market Size for the Global Dog Vaccines Market?
The dog vaccines market has experienced significant growth in recent years, expanding from a size of $3.61 billion in 2024, predicted to reach $3.81 billion in 2025. This growth reflects a compound annual growth rate (CAGR) of 5.5% over that period. The market’s robust growth during this historic period can be attributed to innovative vaccination protocols, heightened awareness of zoonotic diseases, impacts of globalization and travel, educational campaigns, and developments in research and vaccines, along with an evolution in veterinary practices.
Predictions for the near future indicate the dog vaccines market continuing this strong growth. The market size is projected to reach $5.08 billion by 2029, exhibiting an impressive CAGR of 7.5%. Factors such as increasing pet adoption rates, growing health consciousness among pet owners, implementation of government regulations and mandates, the rising humanization of pets, and the prevalence of canine diseases contribute to this predicted growth. Additionally, trends such as pet insurance and healthcare plans, vaccine availability and accessibility, customized vaccination protocols, changing disease patterns, and the development of novel vaccines are expected to influence the market’s expansion.
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What Factors Are Propelling the Dog Vaccines Market Forward?
The steady rise in the adoption of pet dogs is set to bolster the dog vaccines market. Here, a pet dog refers to a domesticated companion animal, residing within a home. Dog vaccines involve injections administered to dogs from the puppy stage through to adulthood. These vaccines stimulate the immune system, helping dogs better encounter microorganisms, minimising or mitigating symptoms of sickness. For instance, according to the 2021-2022 National Pet Owners Survey by the American Pet Products Association, out of 70% of households in the United States owning a pet (equivalent to 90.5 million homes), a total of 69 million U.S. households had a dog as a pet. This number was the highest compared to other animals as pets, emphasizing the rise in pet dog adoption as a major driver of the dog vaccines market’s growth.
What Are the Major Segments Within the Global Dog Vaccines Market?
1) By Type: Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines
2) By Route Of Administration: Subcutaneous, Intramuscular, Intranasal
3) By Application: Below 6 Months, Above 6 Months
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Which Are the Major Players in the Dog Vaccines Market?
Key players operating in the dog vaccines market include Vetoquinol S.A., Boehringer Ingelheim GmbH, Ceva Sante Animale, Heska Corporation, Merck & Co. Inc., Virbac Animal Health Pvt. Ltd., Elanco Animal Health Incorporated, Zoetis Inc., CZ Vaccines, Indian Immunologicals Ltd., Meiji Holdings Co. Ltd., Bioveta A.S., Phibro Animal Health Corporation, Hester Biosciences Limited, High Speed Digieal Processor Architecture Pvt. Ltd., Dechra Pharmaceuticals PLC, Norbrook Inc., Biogenesis Bago SA, Vaxxinova India Private Limited, Bimeda Animal Health Ltd., Lohmann Animal Health GmbH, Biovac Ltd., Zenex Animal Health India Pvt. Ltd., Instituto Rosenbusch S A.
What Are the Key Trends in the Dog Vaccines Market?
Technological advancements are a key current trend in the dog vaccines market. Major players in this field are focusing on the adoption of novel technology for vaccine development. For example, in September 2022, Merck Animal Health, notably the first to provide an oral vaccine with easy administration and mucosal protection for dogs aged seven weeks or older against canine parainfluenza virus and Bordetella bronchiseptica. This launched product, the Nobivac Intra-Trac Oral BbPi, incorporates the revolutionary Immuno-Mist-R technology, significantly ensuring higher contact with the mucosal surface, contributing to the market’s innovative landscape.
Which Region Holds the Largest Share in the Dog Vaccines Market?
In 2024, Asia-Pacific held the largest region in the dog vaccines market. The overall market report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
How Does the Dog Vaccines Market Operate and What Does It Offer?
Dog vaccines typically involve injections administered to dogs in series from the puppy stage to adulthood. These vaccines introduce minuscule amounts of a virus particle to induce an immune response in the body. This vaccination process equips the dog to encounter specific bacteria or viruses, enabling the immune system to prevent sickness. With insights from The Business Research Company’s research report offering a global market size, growth rate, regional shares, competitor analysis, detailed segments, future trends, and opportunities.
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