New York, Global Aquaculture Vaccines Market was valued at USD 201.5 million in 2021 and it is anticipated to grow up to USD 320.3 million by 2031, at a CAGR of 4.7% during the forecast period.
The global Aquaculture Vaccine Market report from Global Insight Services is the single authoritative source of intelligence on Aquaculture Vaccines Market The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Aquaculture vaccines are vaccines that are used to protect fish, shellfish, and other aquatic animals from disease. Aquaculture is the farming of aquatic animals, and it is a growing industry worldwide. Aquaculture vaccines are used to prevent diseases that can decimate entire stocks of fish or shellfish, and they are an important tool for protecting the health of these animals. Aquaculture vaccines are typically administered via injection or immersion. Injection is the most common method of vaccination, and it is typically done with a needle and syringe. Immersion is a less common method, and it involves placing the fish or shellfish in a tank of water that contains the vaccine. Aquaculture vaccines are typically made from inactivated or attenuated (weakened) viruses, bacteria, or other pathogens.
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Market Trends and Drivers
Vaccination of farmed fish has significant benefits in combating viral and bacterial diseases with absence of undesirable side-effects of antibiotics. Also, overuse of antibiotics leads to development of resistance that ultimately leads to loss of aquaculture produce and significant economic losses. Currently, countries in Europe such as Norway have virtually stopped use of antibiotics in aquaculture practices. This has positively influenced the aquaculture vaccines market growth and lowering the risk of antibiotic resistance. Moreover, with introduction of DNA and subunit vaccines due to technological advancements, the adoption of aquaculture vaccines will increase as compared to antibiotics.
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Global Aquaculture Vaccine Market Segmentation
By Type of Vaccine
- Inactivated vaccine
- Live vaccine
- Others
By Species
- Salmon
- Trout
- Tilapia
- Others
By Infection
- Bacterial infection
- Viral infection
- Others
Major Players in the Global Aquaculture Vaccine Market
The key players in the market Zoetis, Phibro Animal Health Corporation, Elanco, Merck & Co., Inc., KBNP, CAVAC, Kyoto Biken Laboratories, Inc., Nisseiken Co., Ltd., Vaxxinova International BV, and HIPRA. among others.
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