Duck Medicine and Vaccines Market, by Type (Medicine and Vaccines), by Application (Farm and Government), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published In : Mar 2022

Code : CMI4956

Pages :156

Formats :

Excel and PDF

Industry : Pharmaceutical

Duck Medicine And Vaccines MarketSize and Trends

The global duck medicine and vaccines market is estimated to be valued at US$ 1,777.0 million in 2021 and is expected to exhibit a CAGR of 7.7% during the forecast period (2021-2028).

Increasing demand of poultry industry that include ducks is expected to drive the market growth during the forecast period.

A major part of the poultry industry is constituted by ducks worldwide, which is expected to drive the market growth over the forecast period. For instance, according to an article published by ScienceDirect on September 2021, there were 33.51 million ducks as per the 20th livestock census against 23.53 million in the 19th livestock census in India which shows a change of 42.4%. This means that the demand for ducks and duck farming is increasing, mandating the need for proper surveillance and monitoring of diseases affecting ducks in order to control them.

Figure 1. Global Duck Medicine and Vaccines Market Share (%) in Terms of Value, by Type, 2021

Increasing prevalence of viral and bacterial diseases of ducks is expected to drive market growth during the forecast period.

The increasing prevalence of viral and bacterial infectious diseases in ducks is expected to drive market growth during the forecast period. For instance, according to an article published by ScienceDirect in September 2021, duck diseases were underreported between 2000 and 2007, but several reports on disease prevalence showed a gradual increase from 2008 to 2015.

Figure 2. Global Duck Medicine and Vaccines Market Share (%), by Application, 2021