Market Forecast By Type (Porcine Vaccines, Poultry Vaccine, Livestock Vaccine, Companion Animal Vaccine, Aquaculture Vaccines, Other Animal Vaccines), By Disease (Porcine, Poultry, Livestock, Companion Animal, Aquaculture), By Technology (Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, Recombinant Vaccines, Other Vaccines) And Competitive Landscape
Product Code: ETC087247 | Publication Date: Mar 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Africa Veterinary Vaccines market currently, in 2023, has witnessed an HHI of 1670, Which has increased slightly as compared to the HHI of 1616 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Africa Veterinary Vaccines Market is anticipated to grow faster and efficiently during the forecast period owing to the huge demand for livestock vaccines in the country. The market is gaining more growth with each passing day attributed to the way it works.
According to 6Wresearch, the South Africa Veterinary Vaccines Market size is anticipated to grow at a higher growth rate during 2023-2029. The industry in the nation is one of the fastest-growing industries which plays a pivotal role in maintaining animal health as well as preventing disease spreads among animals. The sector is an important part of the Africa Veterinary Vaccines Market. The sector is growing tremendously in the country owing to the value it is adding in saving animal lives in the country.
The sector is primarily driven by the growing prevalence of animal diseases as well as the rising demand for protein for animals. Additionally, the country has a well-developed livestock market with a high demand for vaccines in order to protect against disease like foot-and-mouth disease, Rift Valley fever, and bluetongue. These are some factors fueling the South Africa Veterinary Vaccines Market Share. The nation is home to a huge number of livestock, which includes sheep, goats, and cattle, which are important sources of food as well as income for a number of rural households.
There are both local as well as international players running in the market and they offer many products for different species of animals, including goats, sheep, cattle, poultry, horses, and pigs. The government of South Africa also play a crucial role in this sector via the Department of Agriculture, Forestry and Fisheries (DAFF) as well as its subsidiary, and Agricultural Research Council (ARC). These are the organizations that are accountable for regulating the production, distribution, as well as sales of these vaccines in the nation.
In the country, there has been a rising emphasis on the development of effective veterinary vaccines, specifically for emerging diseases like avian influenza and African swine fever. This led to huge investment in research and development activities in the market.
The impact of the outbreak of the coronavirus disease were mixed on the South Africa Veterinary Market Growth. The number of restrictions and lockdown imposed in order to curb the virus spread disrupted supply chains significantly, which led to delayed deliveries. The demand for these vaccines decreased since farmers reduced their livestock production owing to the market uncertainties and reduced purchasing power. The economic downturn that the pandemic caused made it hard for farmers to afford these vaccines, which led to a disruption in vaccinesโ sales, particularly among small-scale farmers. Rising focus on zoonotic diseases as well as adoption of advanced technologies led to rise in demand for these vaccines during the pandemic.
Based on type, The South Africa Veterinary Vaccines Industry is categorised into Porcine Vaccines, Poultry Vaccine, Livestock Vaccine, Companion Animal Vaccine, Aquaculture Vaccines, and Other Animal Vaccines. The porcine vaccines segment will dominate the sector in the coming years.
Based on disease, the sector is categorised into Porcine, Poultry, Livestock, Companion Animal, and Aquaculture. The livestock segment is projected to dominate the sector in the years to come.
Based on technology, the Veterinary Vaccines Market in South Africa is categorised into Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, ย Recombinant Vaccines, and Other Vaccines. The attenuated vaccines segment is projected to dominate the sector by attaining largest market share.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Veterinary Vaccines Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Veterinary Vaccines Market Revenues & Volume, 2022 & 2029F |
3.3 South Africa Veterinary Vaccines Market - Industry Life Cycle |
3.4 South Africa Veterinary Vaccines Market - Porter's Five Forces |
3.5 South Africa Veterinary Vaccines Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.6 South Africa Veterinary Vaccines Market Revenues & Volume Share, By Disease, 2022 & 2029F |
3.7 South Africa Veterinary Vaccines Market Revenues & Volume Share, By Technology, 2022 & 2029F |
4 South Africa Veterinary Vaccines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Veterinary Vaccines Market Trends |
6 South Africa Veterinary Vaccines Market, By Types |
6.1 South Africa Veterinary Vaccines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Africa Veterinary Vaccines Market Revenues & Volume, By Type, 2019 - 2029F |
6.1.3 South Africa Veterinary Vaccines Market Revenues & Volume, By Porcine Vaccines, 2019 - 2029F |
6.1.4 South Africa Veterinary Vaccines Market Revenues & Volume, By Poultry Vaccine, 2019 - 2029F |
6.1.5 South Africa Veterinary Vaccines Market Revenues & Volume, By Livestock Vaccine, 2019 - 2029F |
6.1.6 South Africa Veterinary Vaccines Market Revenues & Volume, By Companion Animal Vaccine, 2019 - 2029F |
6.1.7 South Africa Veterinary Vaccines Market Revenues & Volume, By Aquaculture Vaccines, 2019 - 2029F |
6.1.8 South Africa Veterinary Vaccines Market Revenues & Volume, By Other Animal Vaccines, 2019 - 2029F |
6.2 South Africa Veterinary Vaccines Market, By Disease |
6.2.1 Overview and Analysis |
6.2.2 South Africa Veterinary Vaccines Market Revenues & Volume, By Porcine, 2019 - 2029F |
6.2.3 South Africa Veterinary Vaccines Market Revenues & Volume, By Poultry, 2019 - 2029F |
6.2.4 South Africa Veterinary Vaccines Market Revenues & Volume, By Livestock, 2019 - 2029F |
6.2.5 South Africa Veterinary Vaccines Market Revenues & Volume, By Companion Animal, 2019 - 2029F |
6.2.6 South Africa Veterinary Vaccines Market Revenues & Volume, By Aquaculture, 2019 - 2029F |
6.3 South Africa Veterinary Vaccines Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 South Africa Veterinary Vaccines Market Revenues & Volume, By Live Attenuated Vaccines, 2019 - 2029F |
6.3.3 South Africa Veterinary Vaccines Market Revenues & Volume, By Inactivated Vaccines, 2019 - 2029F |
6.3.4 South Africa Veterinary Vaccines Market Revenues & Volume, By Toxoid Vaccines, 2019 - 2029F |
6.3.5 South Africa Veterinary Vaccines Market Revenues & Volume, Byย Recombinant Vaccines, 2019 - 2029F |
6.3.6 South Africa Veterinary Vaccines Market Revenues & Volume, By Other Vaccines, 2019 - 2029F |
7 South Africa Veterinary Vaccines Market Import-Export Trade Statistics |
7.1 South Africa Veterinary Vaccines Market Export to Major Countries |
7.2 South Africa Veterinary Vaccines Market Imports from Major Countries |
8 South Africa Veterinary Vaccines Market Key Performance Indicators |
9 South Africa Veterinary Vaccines Market - Opportunity Assessment |
9.1 South Africa Veterinary Vaccines Market Opportunity Assessment, By Type, 2022 & 2029F |
9.2 South Africa Veterinary Vaccines Market Opportunity Assessment, By Disease, 2022 & 2029F |
9.3 South Africa Veterinary Vaccines Market Opportunity Assessment, By Technology, 2022 & 2029F |
10 South Africa Veterinary Vaccines Market - Competitive Landscape |
10.1 South Africa Veterinary Vaccines Market Revenue Share, By Companies, 2022 |
10.2 South Africa Veterinary Vaccines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |