Veterinary Biologics Market - Trends Forecast Till 2028

Market Overview

The Veterinary Biologics market size is projected to reach a CAGR of 6.6% from 2022 to 2028.

Veterinary Biologics are basically antigen, antitoxin and vaccine manufactured from the living organisms. Biologics are such that they leave no residue in the body of the animal. Animal and Plant Health Inspection Service (APHIS) is the regulatory body that licence and ensures the safety, purity and effectiveness of the biologics.

Increase R&D in the sector along with the pet owner being more aware and concerned about the pet health are some of the factors that have supported long-term expansion for Veterinary Biologics Market.

COVID-19 had a positive effect on the market, as the pet owners were more aware and concerned about their pets ever then before.

Regional Analysis

North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the favourable governmental policies along with people getting more concerned about their pets.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Zoetis, Inc.
• Merck Animal Health
• Boehringer Ingelheim GmbH
• Bayer AG, Eli Lilly & Company
• Abaxis
• OMEGA
• Hebei Veyong Animal Pharmaceutical Co., Ltd.
• Other prominent players

Recent Developments

• In November 2021, VETIGENICS signed a collaboration With Merck Animal Health.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Veterinary Biologics Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope