Veterinary Immunomodulators Market Outlook from 2024 to 2034

The global sales of veterinary immunomodulators are estimated to be worth USD 1,174.2 million in 2024 and are anticipated to reach a value of USD 2,023.6 million by 2034. Sales are projected to rise at a CAGR of 5.6% over the forecast period between 2024 and 2034. The revenue generated by veterinary immunomodulators in 2023 was USD 1,101.4 million.

The continued betterment of livestock and poultry production to meet the higher consumption of food significantly drives the growth of the veterinary immunomodulators market, which is reasoned by an augmenting level of concern related to animal health and disease prevention.

Growing awareness of zoonotic diseases and their possible impacts on human health underlines the urgent need for advanced and efficient vaccines for animals. This growing demand is pushing innovative veterinary immunomodulators that improve vaccine efficacy.

The growing pet care industry also contributes, as more and more owners are looking for prevention methods to help their pets, further fueling research and development related to veterinary immunomodulators that are intended for companion animals. These factors put together are likely to drive significant growth in the veterinary immunomodulators market.

Global Veterinary Immunomodulators Industry Assessment

Attributes Key Insights
Historical Size 2023 USD 1,101.4 million
Estimated Size 2024 USD 1,174.2 million
Projected Size 2034 USD 2,023.6 million
Value-based CAGR (2024 to 2034) 5.6%

The veterinary immunomodulators market is poised for significant growth, driven by rapid technological advancements and innovations that enable the development of products tailored to induce specific immune responses in various animal species.

There is a notable increase in the availability of thermostable immunomodulators, particularly beneficial for developing countries with limited agricultural infrastructure, as well as the exploration of single-dose solutions aimed at minimizing handling and reducing stress for animals.

There is also an interest in developing mucosal immunomodulators, which support immune responses by using non-invasive modes of administration.

The competition in this market is fierce, with many big companies operating in the midst of smaller, newer firms that have specific areas of expertise and a market-oriented approach. Large biopharmaceutical firms are investing heavily in research and development in order to offer different formulations for distinguished market advantage.

On one side, the landscape also witnessed mergers and acquisitions, which have sprung companies to expand their reach and capitalize on the growing opportunities within the marketplace. Such a dynamic environment underlines the critical role that product innovation has to play, as companies fight for differentiation based on proprietary technologies and specialized formulation.

Overall, the veterinary immunomodulators market is poised to see significant growth on the grounds of increasing demand for effective veterinary solutions across the world, driven by the growing urge for advanced disease prevention methods, continuous development of new Immunomodulator technologies, and strategic business efforts put forward to leverage the market potential.

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Key Industry Highlights

Transitioning from Antibiotics to Immune-Supporting Alternatives in Veterinary Medicine Driving the Market

The increasing concern regarding antibiotic resistance in animals has contributed to a drastic lifting of interest in alternatives supporting and augmenting immunity with such products as cytokines, probiotics, and monoclonal antibodies. As antibiotic-resistant strains flourish, the necessity of embracing effective disease prevention strategies in livestock and companion animals accelerates.

The antibiotic resistance, apart from affecting animal health, could pose threats to human health through zoonotic diseases. Thus, there persist strong drives within the veterinary community to research and put in place alternative therapies that will improve immune function away from traditional antibiotics.

Cytokines, in this regard, their signaling molecules considered as modulator of the immune reactions, are being looked into as prospective ways to boost the natural defenses against infections. Probiotics are also gaining popularity as they maintain gut health and improve overall immunity, leading to lower incidences of disease in animals.

Likewise, monoclonal antibodies are being developed to target specific pathogens, offering a more tailored approach to disease prevention that minimizes reliance upon antibiotics.

To further support this transition, both governmental as well as the public health initiatives focus on the need for a responsible use of antibiotics in agriculture. While alternative therapies could, therefore, provide a short-term solution to the challenges imposed by antibiotic resistance, the larger emphasis on preventive care also speaks to a broader concern for safer and more sustainable animal products voiced within the market.

With further advances in research and development along these lines, this could pave the way for the veterinary sector to adopt these solutions for better animal health and a decrease in the dependence on antibiotics.

Increased Pet Ownership and Spending across the Globe is Driving the Growth of the Veterinary Immunomodulators Market

The rising number of pet owners is significantly influencing livestock market where the pets are viewed as part of the household. Rising expenditures toward the health of these animals have been prompted by this new mindset and by ways to prevent diseases, such as immunomodulators, to ensure better immunity among pet animals.

In addition, people are getting more aware about the health of their pets and the effective treatments that help them not only to treat but also to prevent the onset of diseases and are conscious of better quality of life.

The surge in pet ownership resulted in a significant rise in demand for veterinary services, including vaccination programs and other immunomodulatory therapies. For instance, According to veterinary association article, spending by the American pet industry reached some USD 136.8 billion in 2022, translating to an over 51% increase since 2018, with a major share allotted to veterinary care.

Additionally, as pet owners increasingly seek advanced and specialized healthcare solutions for their animals, there is a corresponding rise in the development and availability of innovative immunomodulators.

The research and development of products aimed at not only treating current ailments but also enhancing the immune system reaction for the future health of the pet are expanding with each passing year mostly directed toward preventive care. This dynamic environment positions the veterinary immunomodulators market for substantial growth, fueled by the increasing commitment of pet owners to invest in their pets' health and well-being.

Enhancing Vaccine Accessibility through Thermostable Formulations in the Veterinary Immunomodulators Market

The move to thermostable formulations in the veterinary immunomodulators market offers a great opportunity to improve vaccine access in developing regions, where dependable refrigeration is usually unavailable. Conventional vaccines generally require optimum cold-chain handling; this introduces several logistical complexities and confines their supply to remote and rural areas.

Such barriers can be overcome, and subsequently, effective treatments can be provided to a broader range of animal populations, if the manufacturers can develop thermostable immunomodulators that maintain their potency even at fluctuating temperatures.

It also creates the possibility of easier transport and storage, which could enable veterinarians to conduct necessary vaccinations that might not be limited by cold-chain logistics. This is very important in cases of outbreaks that require rapid vaccination to help contain the spread of infectious diseases among livestock and companion animals.

The ability to deploy vaccines that do not require refrigeration can also greatly reduce waste and make vaccination programs more cost-effective.

Moreover, the increasing emphasis on global health equity underscores the need for accessible veterinary healthcare solutions. The concept of thermostable immunomodulators addresses this objective, as such vaccines will enable access to veterinary services for underserved populations, reduce animal losses, and enhance overall animal health for improved food security.

With this, it is believed that the emergence of thermostable immunomodulators will act as a factor influencing innovative development within the market and further shape a resilient veterinary healthcare system to tackle emerging challenges in the management of animal health.

The Impact of High Research and Development Costs on the Veterinary Immunomodulators Market

High research and development costs represent a significant barrier in the veterinary immunomodulators market, as developing effective immunomodulatory agents often necessitates substantial financial investment. The complexity of creating formulations that are safe and effective across various animal species adds to these costs.

As the financial implications of the high costs of research and development often prove too much for smaller companies to bear, studies have shown that the median capitalized research-and-development investment needed to bring to market a new therapeutic agent.

Financial burden may dissuade smaller firms from even trying to succeed in the market, thereby creating stagnation in innovation and competition.

Immunomodulator development is bedeviled with enormous time and money-consuming preclinical and clinical safety and efficacy evaluations. The high failure rates associated with drug development further increase those costs, as companies must now factor in losses incurred during failed trials-for instance, covering the investment costs of the new medicines with the profit made from the successful trials. Thus, many companies might prefer safer and mature products to innovative immunomodulators with such losers loudly discouraging the advancement of this area of veterinary medicine.

Therefore, it becomes even more pressing for stakeholders from industry and the regulatory world to come together in some effort to ensure that the development process becomes more efficient, eliminating needless expenses, and creating a space conducive to innovation in veterinary immunomodulators.

2019 to 2023 Global Veterinary Immunomodulators Sales Outlook Compared to Demand Forecast from 2024 to 2034

The global veterinary immunomodulators industry recorded a CAGR of 5.1% during the historical period between 2019 and 2023. The growth of veterinary immunomodulators industry was positive as it reached a value of USD 2,023.6 million in 2034 from USD 1,174.2 million in 2024.

The global veterinary immunomodulators market has evolved significantly over the years, influenced by emerging trends in healthcare and growing awareness of animal health. Conventional therapeutic methods-antibiotics and simple vaccines-have dominated the market traditionally. However, with the escalating concerns related to antibiotic resistance and the dire need for advanced disease prevention, the trend dramatically shifted toward immunomodulators.

It has also accelerated the trend of transition due to the increasing incidence of zoonotic diseases, raising the demand for effective immunization that bolsters animal immunity.

The increased rate of pet ownership is attributed to a myriad of factors, among which are the rise in health care expenditure on pets, advancement in biotechnology and immunology experiments that pave the way for innovative products of much better efficacy and safety.

Here an increasingly competitive space exists, where big pharma and smaller biotech companies are pouring money into research and development efforts to get new immunomodulatory therapies out on the market. Moving forward, new immunomodulatory therapies are likely to lie within personalized medicine approaches that continue to address the specific immune response of different animal species.

Due to these continuously changing trends, the market of veterinary immunomodulators is increasingly growing toward solving the present and future challenges in animal health by offering effective disease prevention strategies.

Sabyasachi Ghosh
Sabyasachi Ghosh

Principal Consultant

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Market Concentration

The companies that comprises tier I are Phibro Animal Health Corporation , Merck Animal Health (MSD Animal Health), Elanco Animal Health, Boehringer Ingelheim Animal Health.

Tier 1 includes companies cumulatively hold around 44.7% share of the total market revenue. They dominate due to their advanced R&D capabilities, economies of scale, comprehensive product portfolios, and strategic collaborations with veterinary immunomodulators manufacturers.

Tier 2 includes companies cumulatively hold around 26.1% share of the total market revenue. The companies that comprises tier II are ImmunoVet Ltd., Biogenesis Bago, Vetoquinol S.A. They focus on niche expertise, delivering competitive products in selected markets while gradually expanding their reach and offerings.

Tier 3 companies in the veterinary immunomodulators market. They thrive by catering to localized demands and focusing on affordable options, though they lack the resources for extensive R&D or global expansion.

Country-wise Insights

The section below covers the industry analysis for the veterinary immunomodulators market for different countries. Market demand analysis on key countries in several regions of the globe, including North America, Asia Pacific, Europe, and others, is provided.

The United States is anticipated to remain at the forefront in the global market, with a CAGR of 4.4% through 2034. In Western Europe, Germany is projected to witness a CAGR of 2.4% by 2034.

Country Value CAGR (2024 to 2034)
United States 4.4%
China 8.8%
Germany 2.4%
India 8.0%
South Korea 7.3%

Substantial Investments in Research and Development for Advanced Formulations are Aiding in the Market Expansion in the United States

The United States market is anticipated to grow at a CAGR of 4.4% throughout the forecast period.

The United States is one of the major contributors to the veterinary immunomodulators market, thanks to its strong pharmaceutical industry, which emphasizes research and development in pursuit of novel immunomodulatory products.

Companies are investing massively in the development of novel formulations targeting livestock and companion animals, while ensuring the compliance of these with the strict requirements for safety and efficacy.

This strong emphasis on high-quality product testing fosters a culture of excellence that aligns with the growing demand for veterinary care services across the country. As a result, there is a significant push towards developing personalized immunomodulators solutions, which leverage modern technologies to enhance vaccine effectiveness.

This proactive approach not only positions the USA at the forefront of veterinary healthcare innovation but also supports the expansion of veterinary medical chains, ensuring that they can meet evolving market demands effectively.

Strong Research and Sustainability Drive Germany’s Leadership in Veterinary Immunomodulators

Germany’s veterinary immunomodulators market is expected to exhibit a CAGR of 2.4% between 2024 and 2034. Germany excels in the veterinary immunomodulators market, supported by its advanced veterinary research institutes in close collaboration with private manufacturers to develop modern solutions. These partnerships foster innovation, thus keeping Germany at the helm of the industry.

Further, a solid contract manufacturing work base supplies custom veterinary immunomodulators back and forth very comfortably across Europe. Hence, another driving factor in Germany is its affirmation of sustainability, with biodegradable formulations falling in line with the tough environmental standards of the region.

Scaling Biotechnology and Cross-Border Collaborations Fuel Market Growth in China

China is expected to hold dominating position in East Asia market of veterinary immunomodulators and is anticipated to grow at a CAGR of 8.8% throughout the forecast period.

China's veterinary immunomodulators market is on the rapid rise because of the scaling up of intensive animal farming in poultry and swine and the demands of vaccines very specific to certain kinds. In China, the technology flows into this domestic market through cross-border co-operation with other international industry players, encouraging production of veterinary immunomodulators.

China thus arises to prominence in the veterinary immunomodulators market-a shrewd combination of local innovation and global collaboration.

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Category-wise Insights

The section contains information about the leading segments in the industry. Based on product, vaccines are expected to account for 32.9% of the global market share in 2024.

Cost-Effectiveness and Proven Safety Profiles of Mineral Salts boosting the Adoption of in Adjuvants

Product Vaccines
Value Share (2024) 32.9%

Vaccines are key players in the veterinary immunomodulators market due to their great importance in preventing infectious diseases among livestock and companion animals. Such is crucial for maintaining optimum animal health and productivity.

The expansion of the global veterinary immunomodulators market in regarding with higher awareness over zoonotic diseases prompted the rise in focus on vaccination as the major prevention method. Moreover, technological advancements in vaccine development, such as recombinant DNA technology and improved formulations, have strengthened efficacy and safety, thus contributing to further driving adoption.

The government's initiatives in vaccination programs, along with the current trend of pet ownership, highly augment the growth of the veterinary vaccines market, thus positioning them onto the apex in veterinary healthcare strategies.

Expanding Livestock Farming Around the Globe Leads to the High Adoption Vaccines

Animal Type Livestock Animals
Value Share (2024) 45.7%

In veterinary immunomodulators, livestock animals account for 45.7%. Livestock forms a big part of the global population of animals that require vaccination to combat the disease like foot-and-mouth disease. Respective vaccines employed in livestock will have adjuvants to enhance the immune response while being both cost-effective and highly protective.

Continued reliance upon livestock to provide protein-rich food sources coupled with the rising concern over zoonotic diseases further escalates the need for effective vaccines in the livestock market. As livestock farming continues to grow on a global scale, the veterinary immunomodulators market in vaccines for these animals is likely to grow.

Competitive Landscape

The veterinary immunomodulators market is characterized by robust competition, with players focusing on innovation and expansion to meet industry demands. Companies are introducing advanced products tailored for specific animal categories, enhancing vaccine efficacy and addressing emerging health challenges.

This competitive landscape highlights a strategic emphasis on meeting evolving customer needs and maintaining technological leadership within the sector.

Recent Industry Developments in Veterinary Immunomodulators Market

  • In February 2024, MSD Animal Health declared that it has finalized an agreement to purchase the aqua business of Elanco Animal Health Incorporated for USD 1.3 billion in cash. This acquisition includes a cutting-edge portfolio of medicines and vaccines.
  • In October 2019, Ceva entered into a license agreement with ProBioGen AG for the manufacture of vectorised poultry vaccines using ProBioGen’s proprietary AGE1.CR technology.

Key Players of Veterinary Immunomodulators Industry

  • Zoetis, Inc.
  • Elanco Animal Health
  • Boehringer Ingelheim Animal Health
  • Virbac
  • Ceva Santé Animale
  • Merck Animal Health (MSD Animal Health)
  • Phibro Animal Health Corporation
  • ImmunoVet Ltd.
  • Biogenesis Bago
  • Vetoquinol S.A.

Key Segments of Veterinary Immunomodulators Industry

By Product:

In terms of product, the industry is divided into vaccines (live attenuated vaccine, inactivated/killed vaccines, subunit vaccines, DNA vaccines and others), cytokines (interleukins, interferons and colony-stimulating factors (CSFs)), probiotics and prebiotics, monoclonal antibodies, pattern recognition receptors (PRRs) and others.

By Animal type:

In terms of animal type, the industry is divided into companion animals, livestock animals and aquatic animals

By Application:

In terms of application, the industry is divided into infectious diseases, oncology, preventive care, autoimmune diseases among others.

By Route of Administration:

In terms of route of administration, the industry is divided into oral, injectable, topical and others.

By Distribution Channel:

In terms of distribution channel, the industry is divided into veterinary hospitals, veterinary clinics, retail pharmacies, online pharmacies and direct sales.

By Region:

Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Middle East and Africa (MEA) have been covered in the report.

Frequently Asked Questions

What is the future of global veterinary immunomodulators industry?

The global veterinary immunomodulators industry is projected to witness CAGR of 5.6% between 2024 and 2034.

What was the worth of the global veterinary immunomodulators industry in 2023?

The global veterinary immunomodulators industry stood at USD 1,101.4 million in 2023.

What will the worth of global veterinary immunomodulators industry by 2034 end?

The global veterinary immunomodulators industry is anticipated to reach USD 2,023.6 million by 2034 end.

What is the expected CAGR for India during forecast period?

India is expected to show a CAGR of 8.0% in the assessment period.

Who are the key manufacturer of global veterinary immunomodulators industry?

The key players operating in the global veterinary immunomodulators industry include Zoetis, Inc., Elanco Animal Health, Boehringer Ingelheim Animal Health, Virbac, Ceva Santé Animale, Merck Animal Health (MSD Animal Health), Phibro Animal Health Corporation, ImmunoVet Ltd., Biogenesis Bago, Vetoquinol S.A. among others.

Table of Content
  • 1. Executive Summary
  • 2. Industry Introduction, including Taxonomy and Market Definition
  • 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
  • 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    • 5.1. By Product
    • 5.2. By Animal type
    • 5.3. By Application
    • 5.4. By Route of Administration
    • 5.5. By Distribution Channel
    • 5.6. By Region
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product
    • 6.1. Vaccines
      • 6.1.1. Live Attenuated Vaccines
      • 6.1.2. Inactivated/Killed Vaccines
      • 6.1.3. Subunit Vaccines
      • 6.1.4. DNA Vaccines
      • 6.1.5. Others
    • 6.2. Cytokines
      • 6.2.1. Interleukins
      • 6.2.2. Interferons
      • 6.2.3. Colony-Stimulating Factors (CSFs)
    • 6.3. Probiotics and Prebiotics
    • 6.4. Monoclonal Antibodies
    • 6.5. Pattern Recognition Receptors (PRRs)
    • 6.6. Others
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Animal type
    • 7.1. Companion Animals
    • 7.2. Livestock Animals
    • 7.3. Aquatic Animals
  • 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
    • 8.1. Infectious Disease Management
    • 8.2. Oncology
    • 8.3. Preventive Care
    • 8.4. Autoimmune Diseases
    • 8.5. Others
  • 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Route of Administration
    • 9.1. Oral
    • 9.2. Injectable
    • 9.3. Topical
    • 9.4. Others
  • 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel
    • 10.1. Veterinary Hospitals
    • 10.2. Veterinary Clinics
    • 10.3. Retail Pharmacies
    • 10.4. Online Pharmacies
    • 10.5. Direct Sales
  • 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
    • 11.1. North America
    • 11.2. Latin America
    • 11.3. East Asia
    • 11.4. South Asia and Pacific
    • 11.5. Western Europe
    • 11.6. Eastern Europe
    • 11.7. Middle East and Africa
  • 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 16. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 18. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 19. Sales Forecast 2024 to 2034 by Product, Animal type, Application, and Route of Administration and End User for 30 Countries
  • 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
  • 21. Company Profile
    • 21.1. Zoetis, Inc.
    • 21.2. Elanco Animal Health
    • 21.3. Boehringer Ingelheim Animal Health
    • 21.4. Virbac
    • 21.5. Ceva Santé Animale
    • 21.6. Merck Animal Health (MSD Animal Health)
    • 21.7. Phibro Animal Health Corporation
    • 21.8. ImmunoVet Ltd.
    • 21.9. Biogenesis Bago
    • 21.10. Vetoquinol S.A.

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