Product Code: ETC087227 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Veterinary Vaccines market currently, in 2023, has witnessed an HHI of 2312, Which has increased slightly as compared to the HHI of 2229 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 Indonesia veterinary vaccines market is projected to reach a value of USD 1.2 billion by 2026, expanding at a CAGR of 6.7% during the forecast period (2021-2026). The growing awareness about pet health and animal welfare is driving the demand for advanced and innovative veterinary vaccines in Indonesia. Additionally, increasing trade activities between Indonesia and other countries are expected to propel animal export from the country, which would consequently provide an impetus to the growth of this market over the coming years.
Increasing Demand for Animal Protein: The demand for animal protein sources like meat and eggs has been rising significantly due to rapid urbanization in Indonesia, creating opportunities for livestock farmers. This trend has also resulted in increased focus on preventive healthcare measures through vaccination programs among poultry farms as well as other livestock producers across different regions of the country. Inclination towards Companion Animals: There is an increasing inclination amongst Indonesias towards keeping companion animals such as cats and dogs in their households owing to their calming effect. Consequently, these animals need regular treatments including vaccinations against common diseases such as rabies or feline leukemia virus among others, leading to higher sales of veterinary vaccines within this region.
Government Initiatives & Funding Programs- The government efforts towards providing subsidies on various animal products have aided farmers throughout Indonesia with respect both cost reduction & accessibilities along with strengthening infrastructure related aspects pertaining insurance coverage & technical assistance schemes aimed at modernizing farming techniques thereby augmenting overall production level. Furthermore, they have initiated several funded initiatives that involve vaccine procurement programs targeting zoonotic diseases thus aiding development of new practices within commercial cattle industry.
Despite facing challenging times due to COVID-19 pandemic, Indonesia Veterinary Vaccines Market will continue its momentum while struggling amidst changing macro economic scenario. Since certain procedures were restricted during initial stages when social distancing was enforced, it led to disruption across supply chain process supplying raw materials required for manufacturing processes involved therein ultimately impacting manufacturing activities adversely however slight recovery was seen later on owing easing restrictions accompanied by investments made under governmental initiatives being launched recently supposedly aiding recovery process boosting investors confidence into economy furthermore intensifying prospects associated with Indonesia Veterinary Vaccines Market eventually resulting into positive prognosis over forthcoming timeframe.
Lack of awareness in the rural areas about veterinary vaccines. High cost of veterinary vaccines. Limited availability of quality veterinary vaccines with a wider range of choices. Challenges associated with cold chain logistics for storage and transportation of vaccination products. Government policies limiting the supply and distribution channels. The need to develop effective strategies to increase animal immunization rates particularly in developing countries.
Merck Animal Health (MSD Animal Health), Boehringer Ingelheim International GmbH, Zoetis Inc, Elanco Animal Health India Ltd, Virbac SA, Ceva Sant? Animale SA.
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 Indonesia Veterinary Vaccines Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Veterinary Vaccines Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Veterinary Vaccines Market - Industry Life Cycle |
3.4 Indonesia Veterinary Vaccines Market - Porter's Five Forces |
3.5 Indonesia Veterinary Vaccines Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 Indonesia Veterinary Vaccines Market Revenues & Volume Share, By Disease, 2020 & 2027F |
3.7 Indonesia Veterinary Vaccines Market Revenues & Volume Share, By Technology, 2020 & 2027F |
4 Indonesia Veterinary Vaccines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Veterinary Vaccines Market Trends |
6 Indonesia Veterinary Vaccines Market, By Types |
6.1 Indonesia Veterinary Vaccines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Veterinary Vaccines Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Indonesia Veterinary Vaccines Market Revenues & Volume, By Porcine Vaccines, 2018 - 2027F |
6.1.4 Indonesia Veterinary Vaccines Market Revenues & Volume, By Poultry Vaccine, 2018 - 2027F |
6.1.5 Indonesia Veterinary Vaccines Market Revenues & Volume, By Livestock Vaccine, 2018 - 2027F |
6.1.6 Indonesia Veterinary Vaccines Market Revenues & Volume, By Companion Animal Vaccine, 2018 - 2027F |
6.1.7 Indonesia Veterinary Vaccines Market Revenues & Volume, By Aquaculture Vaccines, 2018 - 2027F |
6.1.8 Indonesia Veterinary Vaccines Market Revenues & Volume, By Other Animal Vaccines, 2018 - 2027F |
6.2 Indonesia Veterinary Vaccines Market, By Disease |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Veterinary Vaccines Market Revenues & Volume, By Porcine, 2018 - 2027F |
6.2.3 Indonesia Veterinary Vaccines Market Revenues & Volume, By Poultry, 2018 - 2027F |
6.2.4 Indonesia Veterinary Vaccines Market Revenues & Volume, By Livestock, 2018 - 2027F |
6.2.5 Indonesia Veterinary Vaccines Market Revenues & Volume, By Companion Animal, 2018 - 2027F |
6.2.6 Indonesia Veterinary Vaccines Market Revenues & Volume, By Aquaculture, 2018 - 2027F |
6.3 Indonesia Veterinary Vaccines Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Veterinary Vaccines Market Revenues & Volume, By Live Attenuated Vaccines, 2018 - 2027F |
6.3.3 Indonesia Veterinary Vaccines Market Revenues & Volume, By Inactivated Vaccines, 2018 - 2027F |
6.3.4 Indonesia Veterinary Vaccines Market Revenues & Volume, By Toxoid Vaccines, 2018 - 2027F |
6.3.5 Indonesia Veterinary Vaccines Market Revenues & Volume, By ย Recombinant Vaccines, 2018 - 2027F |
6.3.6 Indonesia Veterinary Vaccines Market Revenues & Volume, By Other Vaccines, 2018 - 2027F |
7 Indonesia Veterinary Vaccines Market Import-Export Trade Statistics |
7.1 Indonesia Veterinary Vaccines Market Export to Major Countries |
7.2 Indonesia Veterinary Vaccines Market Imports from Major Countries |
8 Indonesia Veterinary Vaccines Market Key Performance Indicators |
9 Indonesia Veterinary Vaccines Market - Opportunity Assessment |
9.1 Indonesia Veterinary Vaccines Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 Indonesia Veterinary Vaccines Market Opportunity Assessment, By Disease, 2020 & 2027F |
9.3 Indonesia Veterinary Vaccines Market Opportunity Assessment, By Technology, 2020 & 2027F |
10 Indonesia Veterinary Vaccines Market - Competitive Landscape |
10.1 Indonesia Veterinary Vaccines Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Veterinary Vaccines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |