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: ETC087231 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Bangladesh Veterinary Vaccines Market |
Forecast period | 2025-2031 |
CAGR | 7.4% |
Growing Sector | Healthcare |
The Bangladesh Veterinary Vaccines Market report thoroughly covers the market by Type, By Disease, and By Technology. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bangladesh veterinary vaccines market is expected to experience significant growth in the upcoming years. This growth can be attributed to various factors such as increasing demand for animal protein, rising prevalence of zoonotic diseases, and growing awareness about animal healthcare. Additionally, government initiatives to promote animal health and biotechnology advancements are expected to drive market growth.
According to 6Wresearch, the Bangladesh Veterinary Vaccines Market size is expected to grow at a significant CAGR of 7.4% during 2025-2031. The increasing demand for animal protein in Bangladesh is expected to drive the growth of the veterinary vaccines market. This can be attributed to the increasing Demand for Animal Protein in the country. As the population grows and incomes rise, there's typically a higher demand for meat, milk, and other animal-derived products. This drives the need for healthy and disease-free livestock, which in turn boosts the demand for veterinary vaccines.
Some of the key players in the Bangladesh veterinary vaccines market include Bangladesh Veterinary Vaccine Institute (BVVI). BVVI is a government-owned organization responsible for the production, research, and distribution of veterinary vaccines in Bangladesh. Further, ACI Limited is one of the largest conglomerates in Bangladesh with a diverse range of businesses, including pharmaceuticals. Incepta Pharmaceuticals is a leading pharmaceutical company in Bangladesh that also manufactures veterinary vaccines. Intervet, a division of MSD Animal Health, is a global leader in animal health products and solutions. Bioveta is an international veterinary pharmaceutical company with a presence in Bangladesh. Renata Limited is a leading pharmaceutical company in Bangladesh that also manufactures veterinary vaccines and medicines. These companies are focusing on strategic partnerships, collaborations, and product launches to strengthen their market presence in Bangladesh. For instance, in 2020, Merck Animal Health launched a new vaccine for poultry farmers in Bangladesh to provide effective protection against multiple diseases.
The Bangladesh government has implemented various regulations to ensure the safety and efficacy of veterinary vaccines in the country. This includes the registration process for new vaccines, Veterinary vaccines must undergo a registration process with the Directorate General of Drug Administration (DGDA) before they can be marketed and sold in Bangladesh. The Department of Livestock Services (DLS) under the Ministry of Fisheries and Livestock is the primary regulatory authority overseeing the veterinary sector in Bangladesh. Manufacturers of veterinary vaccines in Bangladesh are required to comply with Good Manufacturing Practices (GMP) guidelines to ensure the quality, safety, and consistency of their products. The importation of veterinary vaccines into Bangladesh is subject to regulations and requirements set by the government. The government may regulate the prices of veterinary vaccines to ensure affordability and accessibility, particularly for small-scale farmers.
Overall, the Bangladesh veterinary vaccines industry is expected to witness significant growth in the upcoming years. The increasing demand for animal protein, the rising prevalence of zoonotic diseases, government initiatives, and technological advancements are some of the key factors driving market growth. Moreover, with growing awareness about animal healthcare and favorable government regulations, the market is likely to continue its upward trajectory. It is expected that the market will offer lucrative opportunities for both established players and new entrants, leading to a competitive landscape in the coming years. Therefore, companies must focus on strategic partnerships, product innovation, and marketing strategies to stay ahead in the rapidly evolving Bangladesh veterinary vaccines market.
According to Ravi Bhandari, Research Head, 6Wresearch, the porcine vaccines segment is expected to grow at a significant rate due to the increasing demand for pork and related products in Bangladesh. The government of Bangladesh has taken several initiatives and may implement vaccination programs targeting specific diseases among livestock, poultry, and aquaculture. Government agencies conduct surveillance and monitoring activities to assess the prevalence of diseases, monitor vaccine efficacy, and ensure compliance with regulatory requirements. These regulations aim to ensure that only safe and effective vaccines are available in the market, promoting animal health and welfare.
The poultry segment is expected to dominate the market due to the high demand for poultry products in Bangladesh and the increasing prevalence of avian influenza.
The live attenuated vaccines segment is expected to dominate the market, owing to their high efficacy and cost-effectiveness compared to other vaccine types.
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 Bangladesh Veterinary Vaccines Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Veterinary Vaccines Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Veterinary Vaccines Market - Industry Life Cycle |
3.4 Bangladesh Veterinary Vaccines Market - Porter's Five Forces |
3.5 Bangladesh Veterinary Vaccines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Veterinary Vaccines Market Revenues & Volume Share, By Disease, 2021 & 2031F |
3.7 Bangladesh Veterinary Vaccines Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Bangladesh Veterinary Vaccines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Veterinary Vaccines Market Trends |
6 Bangladesh Veterinary Vaccines Market, By Types |
6.1 Bangladesh Veterinary Vaccines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Porcine Vaccines, 2021-2031F |
6.1.4 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Poultry Vaccine, 2021-2031F |
6.1.5 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Livestock Vaccine, 2021-2031F |
6.1.6 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Companion Animal Vaccine, 2021-2031F |
6.1.7 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Aquaculture Vaccines, 2021-2031F |
6.1.8 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Other Animal Vaccines, 2021-2031F |
6.2 Bangladesh Veterinary Vaccines Market, By Disease |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Porcine, 2021-2031F |
6.2.3 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Poultry, 2021-2031F |
6.2.4 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Livestock, 2021-2031F |
6.2.5 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Companion Animal, 2021-2031F |
6.2.6 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.3 Bangladesh Veterinary Vaccines Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Live Attenuated Vaccines, 2021-2031F |
6.3.3 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Inactivated Vaccines, 2021-2031F |
6.3.4 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Toxoid Vaccines, 2021-2031F |
6.3.5 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Recombinant Vaccines, 2021-2031F |
6.3.6 Bangladesh Veterinary Vaccines Market Revenues & Volume, By Other Vaccines, 2021-2031F |
7 Bangladesh Veterinary Vaccines Market Import-Export Trade Statistics |
7.1 Bangladesh Veterinary Vaccines Market Export to Major Countries |
7.2 Bangladesh Veterinary Vaccines Market Imports from Major Countries |
8 Bangladesh Veterinary Vaccines Market Key Performance Indicators |
9 Bangladesh Veterinary Vaccines Market - Opportunity Assessment |
9.1 Bangladesh Veterinary Vaccines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Veterinary Vaccines Market Opportunity Assessment, By Disease, 2021 & 2031F |
9.3 Bangladesh Veterinary Vaccines Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Bangladesh Veterinary Vaccines Market - Competitive Landscape |
10.1 Bangladesh Veterinary Vaccines Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Veterinary Vaccines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |