The Worldwide Poultry Vaccines Industry is Expected to Reach $2.8 Billion by 2028 - ResearchAndMarkets.com
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Wednesday, June 29, 2022
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The global poultry vaccines market is expected to grow from US$ 1,844.89 million in 2021 to US$ 2,845.00 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.
Key Points:
- The global poultry vaccines market is expected to grow from US$ 1,844.89 million in 2021 to US$ 2,845.00 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.
- Rumors spread on social media about poultry birds being possible vectors of SARS-CoV-2 further hampered the demand for poultry products.
- With the rise in demand for poultry food products, the need for vaccines is on the rise to keep poultry safe and achieve optimum yields.
- Poultry birds are susceptible to various fowl illnesses, which cause significant economic losses to the business, particularly in poorer nations.