Aquaculture Vaccines Market Share in Europe 2021 - Industry Growth Forecast by 2027

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Europe Aquaculture Vaccines Market to Surpass USD
170 Mn by 2027 Graphical Research
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European Aquaculture Vaccines Market size is
poised to exceed USD 170.3 million by 2027,
according to a latest forecast report by
Graphical Research. Surging prevalence of
bacterial and viral infections is the major
driving factor of the market revenue. Infectious
disease is one of the most vital limiting factors
in aquaculture. For most warmwater aquaculture
facilities, disease prevention consists of good
husbandry techniques. When disease outbreak
occurs, diagnostics are conducted to determine
the actual cause and then the fish are given oral
treatment that is an immersion or in rare cases
injection treatment. This leads to huge losses
both in terms of yield and economic. Thus, to
limit the economic losses, the use of vaccines is
increasing across the region. Development and
launch of new aquaculture vaccines will drive the
aquaculture vaccines market. Bactrians are
vaccines comprised of killed forms of pathogenic
bacteria. Live attenuated vaccines consist of
live micro-organisms that have been grown in
culture. There are different kind of vaccine that
are being developed and launched for better
aquaculture farming resulting into better
production of aquaculture. Also, companies are
investing in RD programs for innovating
vaccines. Live aquaculture vaccines market size
was more than USD 17.7 million in 2020. Live
vaccines are quite effective and retain
attributes of natural infection. In commercial
application, live vaccines have greater potential
to be administered via immersion or oral routes.
Live vaccine mode of administration is more
dynamic compared to inactivated vaccines that
must utilize adjuvants.
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Immersion vaccines segment is predicted to
register a growth of over 6.9 from 2021 to 2027.
Immersion vaccines are used for variety of
aquaculture fish for preventing infectious
diseases caused by viruses and bacteria. During
immersion vaccination, the antigens are taken up
by the gills, gut or skin and processed by the
immune system where the response results in
protection of fish. Administration of vaccines
also depends on the size of fish and in many
cases, immersion vaccination is mostly preferred
as compared to injection vaccination to achieve
optimum protection. Viral infection segment
revenue is expected to reach USD 27.4 million by
2027. In aquaculture both wild aquatic and farmed
animals in the same water column experience the
same viral challenges. Expanding global trade and
burgeoning international aquaculture expansion
and their products have been accomplished by long
distance geographical redistribution of aquatic
species and their viruses. The tilapia segment
accounted for USD 2 million revenue in 2020.
There are about 70 species of tilapias out of
that 9 species are used in aquaculture globally.
Tilapias are infected by bacteria and viruses
that are to be cured using vaccines. Also, ban on
sales of antibiotics for aquaculture will augment
the segment growth. The UK aquaculture vaccines
market is estimated to expand at over 6.3 CAGR
till 2027. This growth is due to factors such as
increasing awareness about various benefits of
aquaculture vaccines, new vaccine launches, and
growing aquaculture farming. The rapid prevalence
of diseases among the fishes will increases the
demand of aquaculture vaccination among fishes in
the country. Major market players are Zoetis
Inc., HIPRA, Merck Co., Inc., Tecnovax,
Veterquimica S.A., and Virbac. among others.
These market players focusing on various business
strategies such as collaboration, geographic
expansion to strengthen their market position.
For instance, in in 2018, Phibro Animal Health
Corporation acquired Kovax Ltd that is a maker of
vaccines.
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Segmentation of Europe Aquaculture Vaccines
Market Europe Market, By Type of Vaccine,
2016-2027 (USD Million) Inactivated vaccine Live
vaccine Others Europe Market, By Route of
Administration, 2016-2027 (USD Million) Immersion
vaccines Injection vaccines Oral vaccines Europe
Market, By Application, 2016-2027 (USD
Million) Bacterial infection Viral
infection Others Europe Market, By Species,
2016-2027 (USD Million) Salmon Trout Tilapia Other
s
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The above information has been provided for the
following countries Europe Germany UK France Spai
n Italy Norway Ireland Turkey Denmark Greece The
Netherlands Finland Sweden Poland
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reserved.


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