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.
Fish Vaccine Market Report Snapshots
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