FISH VACCINE MARKET ANALYSIS

Fish Vaccine Market, By Vaccine Type (Killed Vaccine, Inactivated Vaccine, Attenuated Vaccine, Toxoid Vaccine, Subunit Vaccine, Conjugate Vaccine, Recombinant Vector Vaccines), By Indication (Furunculosis, Vibriosis, Yersiniosis, Enteric septicaemia, Others), By Route of Administration (Injection, Immersion, Spray, Oral), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024
Code : CMI5184
Pages :177
Formats :
Excel and PDF
Industry : Biotechnology

Market Challenges: Stringent regulatory approvals.

Strict regulations surrounding the development and use of antibiotics and antimicrobials in aquaculture can hamper the market growth. The high cost of R&D for new vaccines can also pose challenges for market growth. Maintaining cold chain logistic and distribution also poses difficulties in many markets. Sustainable and environment-friendly practices call for alternative measures to antibiotics.

Market Opportunities: Booming aquaculture industry

Rising fish consumption globally and booming aquaculture industry, the demand for vaccines is surging to prevent disease outbreak and maintain good health of farmed fish. Advances in vaccine development technology to produce efficacious yet cost-effective vaccines will promote their greater usage. Many new markets remain untapped which can be further developed.