Description

The global aquaculture vaccines market is estimated to be valued US 371.8 million in 2020 and poised to grow at a significant CAGR of 9.6% over 2020-2026 due to surge in the of prevalence of bacterial and viral infections among aquaculture species, increase in aquaculture production around the globe, and rise in adoption of vaccines by aquaculture farmers. Aquaculture vaccines is fastest growing space in the global aquaculture market this report gives comprehensive outlook on aqua vaccines across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report gives historical, current, and future market sizes (US$ Mn) on the basis of vaccine type, application, route of administration, species, and region. Development and launch of innovative vaccines to treat various infectious diseases in aquaculture species boosting the revenue growth of the market. For instance, In March 2018, Hipra launched Icthiovac VR/PD injectable vaccine for seabass against Vibriosis and Pasteurellosis in Greece. Apart from the aforementioned dynamics, Raise in funding for the research and development of innovative aquaculture vaccines boost the market over forecast years. For instance, In March 2015, The Scottish Aquaculture Innovation Center (SAIC) has announced it is issuing grants worth almost GBP 950,000 to two major salmon farming research projects proposed by leading farmed salmon companies on sea lice and salmon vaccinations. This report studies give market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, this report includes aquaculture production and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the fish vaccines market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global fish vaccines market report include suppliers, manufacturers, marketers, policy makers, and aquaculture service providers engaged in global aquaculture vaccines products usage and advocacy.

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