According to Inkwood Research, the Global Marek’s Disease Vaccine Market is expected to grow at a CAGR of 7.83% over the forecasting period of 2023-2032.
“Browse 12 Market Data Tables and 23 Figures spread over 184 Pages, along with an in-depth TOC on the Global Marek’s Disease Vaccine Market Forecast 2023-2032.”
Marek’s disease, also known as Marek’s disease syndrome or Marek’s disease lymphoma, is a highly contagious viral infection predominantly affecting chickens and other poultry species. The causative agent is the Marek’s disease virus (MDV), a herpesvirus within the Herpesviridae family.
Growing Demand for Global Poultry Products to Drive Market Growth
Poultry products, including meat and eggs, constitute widely consumed animal-source foods globally. The consumption of these food items, alongside other animal-source foods, has witnessed rapid growth over the past few decades. This surge in demand can be attributed to factors such as population expansion, urbanization, and increasing incomes in developing countries. Chicken, characterized by its affordability, low-fat content, and minimal cultural and religious restrictions, stands out as the predominant type of meat consumed.
Vaccination is a primary method of preventing Marek’s disease outbreaks in poultry flocks. Vaccines stimulate the bird’s immune response without causing the disease, protecting against the virus. Different types of Marek’s disease vaccines are available, including live attenuated, vector, and recombinant vaccines.
Asia-Pacific: Anticipated to Grow with Highest CAGR by 2032
The Asia-Pacific hosts a burgeoning poultry industry, with China, Japan, and India emerging as key players in the market. Incidences of Marek’s disease outbreaks have been documented in these countries, consequently driving an elevated demand for Marek’s disease vaccines. Additionally, governments and industry stakeholders are proactively instituting measures to manage and prevent disease outbreaks, encompassing comprehensive vaccination programs and stringent biosecurity protocols.
Furthermore, some of the top companies operating in the market include Boehringer Ingelheim International GmbH, Ceva Sante Animale, Hester Biosciences Limited, etc.
Related Reports:
GLOBAL VETERINARY VACCINES MARKET
GLOBAL ANIMAL NUTRITION MARKET
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