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Global Poultry Healthcare Market to reach USD XXX billion by the end of 2029

Global Poultry Healthcare Market Size study & Forecast, by Product Type (Vaccines, Parasiticides, Anti-Infectives, Medical Feed Additives, and Others), Test Type (ELISA-Enzyme-Linked Immunosorbent Assay Test, PCR-Polymerase Chain Reaction Test, Molecular Diagnostic Test, and Other Test Types) and Regional Analysis, 2022-2029

Product Code: HLSDT-61776127
Publish Date: 16-11-2022
Page: 200

Global Poultry Healthcare Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Poultry Healthcare refers to the method of treating the animals and other poultry animals. For deriving various animal-based products in the market. The Poultry Healthcare market is expanding because of factors such as rising Occurrence of Zoonotic Diseases and rising demand for Poultry-derived Food and food Products. The market is expected to rise owing to strategic initiatives by the private players in the market and rising healthcare industry. The market is dominated by Elanco, Zoetic Inc, Merck & Co Inc, Hester Biosciences Limited and others.

The need to treat the disorders has increased significantly as well as the number of cases, which is anticipated to fuel market growth during the forecast period. For instance, the 2022 figures released by the Government of Canada show that as of June 2022, it was anticipated that 963,889 birds in Alberta will be affected by avian influenza in 2022, followed by 560,536 birds in Ontario and 300,835 birds in Quebec. Further, according to a November 2021 paper titled “Prevalence of Newcastle Disease Virus in Industrial and Backyard Poultry in Haryana, India,” a stratified research study was carried out from March 2018 to March 2020. Using the M gene rRT-PCR, it was revealed that both commercial broilers and layers tested positively for Newcastle disease virus (NDV). According to the same source, flocks with mild respiratory problems showed a higher prevalence of Newcastle disease virus (15.7%), followed by healthy (9.1%) and sick (3.0%) flocks. However, use of counterfeit medicines, lack of veterinarians in the market and shortage of skilled farm workers may halt market growth.

The key regions considered for the Global Poultry Healthcare Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, rising demand for poultry-derived food products. According to Nass.usda.gov, Broilers produced in 2020 were valued at USD 21.7 billion, a 23% decrease from 2019. In 2020, 9.22 billion broilers were generated in total, an increase from 2019. In 2020, 59.4 billion pounds of live weight broilers were generated, an increase of 2% from 2019. Asia Pacific is expected to grow significantly during the forecast period, owing to rising

Major market player included in this report are:
Indovax
Thermo Fisher Scientific Inc.
Boehringer Ingelheim GmbH
Ceva Sante Animale
Merck & Co Inc
IDEXX Laboratories, Inc.
Megacor Diagnostik GmbH
Elanco
Zoetis Inc.
Hester Biosciences Limited

Recent Developments in the Market:
 In May 2022, Canada invested approximately USD 3 million, in the development of the livestock and poultry industries.. The main objective of this country is to enhance the disaster management and develop risk assessments for mitigating the disease occurrences. Further, this project will enhance the emergency management abilities of Canada’s livestock and poultry industries, in the long run.
 In April 2022, Ceva Animal Health launched CEVAC IBird. IBird is a live assuaged freeze-dried vaccine which is specifically used for the active inoculation of chickens that are used against the variant strain of avian contagious bronchitis virus which is containing strain 1/96, in India.
Global Poultry Healthcare Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Test Type and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Vaccines
Parasiticides
Anti-Infectives
Medical Feed Additives
Others

By Test Type:
Elisa Test
PCR Test
Molecular Diagnostic Test
Other Test Types

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Poultry Healthcare Market, by region, 2019-2029 (USD Billion)
1.2.2. Poultry Healthcare Market, by Product Type, 2019-2029 (USD Billion)
1.2.3. Poultry Healthcare Market, by Test Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Poultry Healthcare Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Poultry Healthcare Market Dynamics
3.1. Poultry Healthcare Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Rising Occurrence of Zoonotic Diseases
3.1.1.2. Rising demand for Poultry-derived Food and food Products
3.1.2. Market Challenges
3.1.2.1. Use of counterfeit medicines
3.1.2.2. Lack of Veterinarians in the market
3.1.2.3. Shortage of skilled farm workers
3.1.3. Market Opportunities
3.1.3.1. Strategic initiatives by the private players in the market.
3.1.3.2. Rising healthcare industry
Chapter 4. Global Poultry Healthcare Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Poultry Healthcare Market, by Product Type
6.1. Market Snapshot
6.2. Global Poultry Healthcare Market by Product Type, Performance – Potential Analysis
6.3. Global Poultry Healthcare Market Estimates & Forecasts by Product Type 2019-2029 (USD Billion)
6.4. Poultry Healthcare Market, Sub Segment Analysis
6.4.1. Vaccines
6.4.2. Parasiticides
6.4.3. Anti-Infectives
6.4.4. Medical Feed Additives
6.4.5. Others
Chapter 7. Global Poultry Healthcare Market, by Test Type
7.1. Market Snapshot
7.2. Global Poultry Healthcare Market by Test Type, Performance – Potential Analysis
7.3. Global Poultry Healthcare Market Estimates & Forecasts by Test Type 2019-2029 (USD Billion)
7.4. Poultry Healthcare Market, Sub Segment Analysis
7.4.1. Elisa Test
7.4.2. PCR Test
7.4.3. Molecular Diagnostic Test
7.4.4. Other Test Types
Chapter 8. Global Poultry Healthcare Market, Regional Analysis
8.1. Poultry Healthcare Market, Regional Market Snapshot
8.2. North America Poultry Healthcare Market
8.2.1. U.S. Poultry Healthcare Market
8.2.1.1. Product Type breakdown estimates & forecasts, 2019-2029
8.2.1.2. Test Type breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Poultry Healthcare Market
8.3. Europe Poultry Healthcare Market Snapshot
8.3.1. U.K. Poultry Healthcare Market
8.3.2. Germany Poultry Healthcare Market
8.3.3. France Poultry Healthcare Market
8.3.4. Spain Poultry Healthcare Market
8.3.5. Italy Poultry Healthcare Market
8.3.6. Rest of Europe Poultry Healthcare Market
8.4. Asia-Pacific Poultry Healthcare Market Snapshot
8.4.1. China Poultry Healthcare Market
8.4.2. India Poultry Healthcare Market
8.4.3. Japan Poultry Healthcare Market
8.4.4. Australia Poultry Healthcare Market
8.4.5. South Korea Poultry Healthcare Market
8.4.6. Rest of Asia Pacific Poultry Healthcare Market
8.5. Latin America Poultry Healthcare Market Snapshot
8.5.1. Brazil Poultry Healthcare Market
8.5.2. Mexico Poultry Healthcare Market
8.6. Rest of The World Poultry Healthcare Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Indovax
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Thermo Fisher Scientific Inc.
9.2.3. Boehringer Ingelheim GmbH
9.2.4. Ceva Sante Animale
9.2.5. Merck & Co Inc
9.2.6. IDEXX Laboratories, Inc.
9.2.7. Megacor Diagnostik GmbH
9.2.8. Elanco
9.2.9. Zoetis Inc.
9.2.10. Hester Biosciences Limited
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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