Bird Flu Market Size is valued at USD 1.41 Bn in 2023 and is predicted to reach USD 2.17 Bn by the year 2031 at a 5.82% CAGR during the forecast period for 2024-2031.
Bird flu is an infectious type virus that primarily affects birds which can cause severe disease in birds, leading to high mortality rates as well these viruses typically cause milder symptoms and may go unnoticed. The market related to bird flu infection spans pharmaceuticals, vaccines, diagnostics, and poultry industry management, driven by the need to prevent, diagnose, and treat avian influenza outbreaks. Demand for antiviral drugs, human vaccines against potential pandemic strains, and rapid early detection diagnostic tools are key components. The poultry industry, significantly affected by avian influenza, invests in biosecurity measures, surveillance, and vaccination to mitigate economic losses and trade restrictions. Public health preparedness, including government and international organization efforts in surveillance and emergency response, plays a crucial role.
Furthermore, because labour costs are low and raw materials are easily accessible in emerging nations, large firms are concentrating on moving their production facilities there. The market for bird flu treatments is anticipated to develop due to these causes. Additionally, it is anticipated that underdeveloped infrastructure in developing nations would restrict research and development capacities, hence impeding the expansion of the bird flu market. But rising government expenditure on infrastructure development and rising investment by big companies in product development are two things that should open up new doors for businesses in the target market.
The bird flu market can be segmented based on Virus Type, Test Type, Treatment Type, and Animal Type. By Virus Type, the market is segmented into H5N1, H7N9, H5N6, H5N8, H10N8, H9N2, and Others. By Test Type, the market is segmented into PCR Tests, ELISA Tests, Hemagglutination Assays, Virus Isolation Tests, Next Generation Sequencing, and Others. By Treatment Type, the market is segmented into Vaccines, Antiviral Medication, Immunomodulators, and Others; by Animal Type, the market is segmented into Chickens, Ducks, Geese & Swans, Pigeons, Guinea Fowls, Turkeys, and Others.
The pathogenic influenza A virus subtype H5N1 is an emerging bird flu (Avian influenza) virus causing global concern as a potential pandemic threat. H5N1 is a large threat virus in Asia because of infected poultry due to low hygiene conditions and close quarters. It is easy for humans to be safe from bird infection, but human-to-human transmission is more difficult without prolonged contact. Public health officials believe avian flu strains may mutate to become easily transmissible between humans.
Most human cases of bird flu result from either handling dead infected birds or contact with infected fluids, which refers to being spread through contaminated surfaces and droppings. Most seasonal wild birds have only a mild form of the H5N1 strain; some domesticated birds, such as chickens or turkeys, are known to be infected. H5N1 can become much more deadly because the birds are often in close contact.
Along with proper infection control and personal protective equipment (PPE), the chance of infection by bird flu is low. Protecting the eyes, nose, mouth, and hands is crucial for prevention in poultry farms. Felicitous personal protective equipment includes aprons or coveralls, gloves, boots covers, and a head cover. Disposable PPE is recommended. An N-95 respirator with safety goggles is also part of the appropriate PPE. A fueled air purifying respirator (PAPR) with a helmet and face shield is also an option.
North America has taken the lead as the region of choice. Numerous companies producing avian influenza vaccines and diagnostics are in the United States. North America has taken the lead in epidemic planning and prevention strategies thanks to the large chicken markets in the United States and Canada. Tight food safety laws necessitate that commercial poultry farms implement biosecurity measures on a large scale. Major R&D expenditures have been made by top American pharmaceutical corporations to create avian flu vaccinations that are universally effective. This enables North America to combat new strains of avian influenza more effectively before they become widespread worldwide.
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 1.41 Bn |
|
Revenue Forecast In 2031 |
USD 2.17 Bn |
|
Growth Rate CAGR |
CAGR of 5.82 % from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Virus Type, Test Type, Treatment Type, and Animal Type. |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
Boehringer Ingelheim, Ceva Santé Animale, Zoetis, Merck & Co., Ringpu Biology, Yebio Bioengineering, FATRO, CAVAC, ChengDu Tecbond, QYH Biotech, Elanco, Phibro Animal Health, Vetoquinol, Hipra, Venkys, Anicon Labor GmbH, Medion Farma Jaya, Bioveta, Lohmann Animal Health and Biogenesis Bago, Sanofi, F. Hoffmann-La Roche Ltd., Mallinckrodt, Elanco, GlaxoSmithKline plc, Novartis AG, Bayer AG, Eli Lilly and Company, AstraZeneca, Johnson & Johnson Private Limited, Bimeda, Inc., Phibro Animal Health Corporation, HIPRA, Medion |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
The Bird Flu Market By Virus Type:
The Bird Flu Market By Test Type:
The Bird Flu Market By Treatment and Prevention Type:
The Bird Flu Market By Animal Type:
The Bird Flu Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
