VETERINARY TUBERCULOSIS VACCINE MARKET ANALYSIS

Regional Analysis

Global Veterinary Tuberculosis Vaccine Market– Regional Analysis

On the basis of region, the Global Veterinary Tuberculosis Vaccine Market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, Asia Pacific market is expected to witness significant growth, owing to key companies in market focusing on adopting inorganic strategies such as agreements with other market players. Bovine tuberculosis (bTB) is common is Asia. A significant prevalence of bTB in the region is expected to drive the market growth. For instance, according to an article published in 2018 in Transboundary and Emerging Disease, in 2017, the prevalence of bTB in India was 7.3%.However, according to the World Animal Health Information System, bovine TB is found in most parts of Asia. However, most of the pacific island countries such as Micronesia, New Caledonia, and Papua New Guinea have never reported this disease. In addition, in Australia, bTB has successfully been eradicated from cattle. The last known cases of bTB in Australia were detected in 2002. Several countries such as Japan, Mongolia, Myanmar, Singapore, and Thailand have successfully reduced bovine TB from their cattle population.

Figure 2: Global Veterinary Tuberculosis Vaccine Market Value (US$ Bn), by Region, 2022