Aquaculture Vaccines Market Research Report Analysis and Forecasts to 2027

The aquaculture vaccines market is speculated to register substantial gains by 2027 owing to a growing shift towards the consumption of farm-reared fish. With the global fish stock depleting rapidly from the oceans, consumers are increasingly being driven towards sustainable fishing practices by awareness.

Recent R&D activities in the aquaculture vaccine industry have led to the successful commercialization and wide accessibility of fish vaccines around the world. Vaccination provides several benefits in preventing infections compared to antibiotics, which may produce specific side effects in the fish and the consumer.

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Global aquaculture production has significantly increased as a result of growing advancements in fish vaccines and diagnostics. In addition, the rising prevalence of viral and bacterial infections among farmed fish has boosted product adoption in recent years.

Notably, industry players have been engaging in profitable strategies to gain a competitive edge in the evolving marketplaces, which has augmented the growth of the overall market. For instance, in July 2020, Zoetis Inc., a U.S-based drug company, announced the acquisition of Fish Vet Group, a leading finfish health company, as an addition to its Pharmaq business. The deal enabled Zoetis to expand its geographical reach and improve its diagnosis and testing services portfolio.

The aquaculture vaccines market has been segregated on the basis of species, type of vaccine, application, route of administration, and region.

With respect to the type of vaccine, the market has further been divided into live vaccine, inactivated vaccine, and others. The live vaccine sub-segment is expected to record a valuation of almost USD 41.4 million by the end of 2027.

Browse key industry insights spread across 170 pages with 265 market data tables & 16 figures & charts from the report, “Aquaculture Vaccines Market Size By Type of Vaccines (Inactivated Vaccines, Live Vaccines), By Route of Administration (Immersion Vaccines, Injection Vaccines), By Application (Bacterial Infection, Viral Infection), By Species (Salmon, Trout, Tilapia), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents: 
https://www.gminsights.com/industry-analysis/aquaculture-vaccines-market

In terms of route of administration, the aquaculture vaccines market has been categorized into oral vaccines, immersion vaccines, and injection vaccines. In 2020, the injection vaccines sub-segment was valued at around USD 123.2 million in revenue and is likely to witness steady growth over the study timeline.

From the application point of view, the market has been classified into viral infection, bacterial infection, and others. The aquaculture vaccines market from the viral infection sub-segment is anticipated to reach a valuation of approximately USD 42.8 million by the end of 2027.

With respect to species, the aquaculture vaccines market has been bifurcated into tilapia, salmon, trout, and others. The tilapia sub-segment is slated to showcase solid progress and attain a valuation of nearly USD 41.7 million in revenue by 2027.

On the regional front, the Latin America aquaculture vaccines market held a market share of about 23.8% in 2020 and is poised to expand at a robust pace through the assessment period.

Meanwhile, the Middle East & Africa aquaculture vaccines market is estimated to develop at a CAGR of approximately 4.3% over the analysis timeline.

Partial Table of Contents (ToC) of the report:

Chapter 1   Methodology

1.1    Market definition

1.2    Base estimates & working

1.2.1    North America

1.2.2    Europe

1.2.3    Asia pacific

1.2.4    Latin America

1.2.5    Middle East & Africa

1.3    Forecast parameters

1.4    Data validation

1.5    Data sources

1.5.1    Secondary

1.5.1.1    Paid sources

1.5.1.2    Unpaid sources

1.5.2    Primary

Chapter 2   Executive Summary

2.1    Aquaculture vaccines industry 3600 synopsis, 2016 - 2027

2.1.1    Business trends

2.1.2    Type of vaccines trends

2.1.3    Route of administration trends

2.1.4    Application trends

2.1.5    Species trends

2.1.6    Regional trends

Browse complete table of content of this report@  https://www.gminsights.com/industry-analysis/aquaculture-vaccines-market

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