Report ID: SQMIG35J2053
Report ID:
SQMIG35J2053 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
94 |
Figures:
76
In terms of revenue, Europe held the largest market share of more than 25.0% in 2021. Owing to stimulating efforts made by the public and corporate sectors, Europe currently controls the aquaculture vaccines market. The growing human concern about the occurrence of antimicrobial resistance will also contribute to the market expansion for aquaculture vaccines in the area over the course of the forecast year. The use of autogenous vaccinations is governed by clear regulations provided by the Norwegian Medicines Agency. Additionally, autogenous vaccinations should only be used when commercial vaccines are unavailable or do not provide adequate protection. Under the 7th Framework Program, the European Commission funded a significant cooperative initiative to support the aquaculture industry.
The aquaculture vaccines market is anticipated to have considerable expansion as consumer demand increases in Asia Pacific. Furthermore, it is expected that in the next few years, the aquaculture vaccines market would rise significantly in the area due to the expansion of the aquaculture sector and supporting government efforts.
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REQUEST FREE CUSTOMIZATIONAquaculture Vaccine Market size was valued at USD 199.63 million in 2019 and is poised to grow from USD 214.6 million in 2023 to USD 384.64 million by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031).
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Report ID: SQMIG35J2053