Assessing Poultry Healthcare Market Size & Growth Prospects 2024-2033

Overview and Scope
Poultry healthcare refers to services that provide healthcare solutions for poultry, including eliminating sick birds, timely vaccinations, managing health care resources, and poultry management such as cleanliness, feeding and feed supply, housing, and others. Domesticated birds such as chickens, turkeys, ducks, geese, quails, and others are served by these services.

Sizing and Forecast
The poultry healthcare market size has grown rapidly in recent years. It will grow from $7.67 billion in 2023 to $8.51 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%.  The  growth in the historic period can be attributed to disease outbreaks, increasing poultry production, globalization of poultry trade, regulatory compliance.

The poultry healthcare market size is expected to see rapid growth in the next few years. It will grow to $12.55 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.  The growth in the forecast period can be attributed to rising global poultry consumption, focus on preventive healthcare, environmental concerns, integration of digital technologies, consumer awareness and demand. Major trends in the forecast period include technological integration, biosecurity measures, customized nutrition programs, global collaboration for disease surveillance, digital health records, market consolidation.

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Segmentation & Regional Insights
The poultry healthcare market covered in this report is segmented –

1) By Product: Vaccines, Parasiticides, Anti Infectives, Medical Feed Addictives
2) By Test: ELISA, PCR, Molecular Diagnostic test, Laboratory Test
3) By Application: Farm, House

North America was the largest region in the poultry healthcare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the poultry healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing prevalence of disease outbreaks in poultry animals is expected to propel the growth of the poultry healthcare market. According to the World Organization for Animal Health, in November 2021, various subtypes of high pathogenicity avian influenza have been reported by more than 40 countries over the last six months. Since May 1, 2021, outbreaks of high pathogenicity avian influenza (HPAI) have been confirmed in 41 countries in various regions in poultry and wild birds. Approximately 16,000 cases of HPAI in domestic and wild birds were reported in the month of October. Therefore, the increasing prevalence of disease outbreaks is driving the growth of the poultry healthcare market.

Key Industry Players
Major companies operating in the poultry healthcare market report are Ceva Polchem Pvt. Ltd., Zoetis Inc., Venky’s Ltd., Phibro Animal Health Corporation, Merck & Co Inc., C. H. Boehringer Sohn AG & Co. KG, Hester Biosciences Limited, Romvac Company S. A., Eli Lilly and Company, Bayer AG, Indovax Pvt. Ltd., Affini Technology Limited, Bimeda Inc., IndexxLaboratories Inc., BioChek B. V., BioinGentech, Bioneer Corporation, MEGACOR Handel mit Medizintechnik u Diagnostika GmbH, Thermo Fisher Scientific Inc., Provet Pharma Private Limited, Anitox Corp., Aviagen Inc., Cobb-Vantress Inc., Hendrix Genetics BV, Hubbard LLC, Hy-Line International, Novogen, Donald McQueen Shaver OC, Lohmann Tierzucht, Romer Labs Pte Ltd.

The poultry healthcare market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

 

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