Agriflu Global Market Report 2025: Key Drivers, Growth Opportunities, and Industry Trends
The Business Research Company's Agriflu Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, January 17, 2025 /EINPresswire.com/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
The agriflu market has demonstrated noteworthy growth in recent years, driven by factors such as increased awareness regarding seasonal influenza, an expanding elderly population, and advancements in egg-based vaccines, among others. Projections indicate a rise from $XX million in 2024 to $XX million in 2025, fueled by a substantial compound annual growth rate CAGR of XX%.
How Big Is The Global Agriflu Market Expected To Grow, And What Is Its Annual Growth Rate?
Moving forward, the market is predicted to attain exponential growth, with the agriflu market size predicted to increase at an expected XX FCAGR in the near future. Therefore, the market could reach an impressive $XX million in 2029, thanks to a compound annual growth rate CAGR of XX%. Such projected growth can be accredited to factors like universal flu vaccine development, increased immunization programs, technological advancements in vaccine development and delivery, and heightened awareness of influenza risks in the post-COVID-19 era, among others.
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What Is Driving the Growth of the Agriflu Market?
One key driver fueling this market's growth is the rising prevalence of influenza cases worldwide. Influenza, or flu, remains a major public health concern due to its highly contagious nature. Increased global travel, evolving virus strains, seasonal variations, and inadequate vaccination coverage in some regions have contributed to the increased prevalence of this illness. Agriflu, offering targeted vaccination for poultry, effectively curbs the spread of avian influenza, which in turn minimizes the risk of viral transmission between birds and humans, making it crucial in controlling outbreaks and potential public health threats.
Furthermore, government initiatives for research and development in healthcare also act as a significant boost for the agriflu market. Several government authorities at various levels launch initiatives to address specific issues and goals related to healthcare, including agriflu. For instance, the Department of Health and Social Care in the UK announced a significant funding boost in 2022 to support healthcare research and manufacturing, inevitably fuelling the agriflu market.
Moreover, the expanding array of immunization programs worldwide is a key catalyst for the agriflu market. These programs are designed to protect individuals and populations from infectious diseases via vaccine administration, with agriflu being the preferred vaccination for controlling avian influenza. This augments public health efforts in preventing influenza outbreaks and protecting human and animal populations from the virus's harmful effects.
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Which Leading Companies Are Driving The Growth Of The Agriflu Market Share?
Prominent companies like Sanofi Pasteur S.A. are steering the growth in the agriflu market with their operations. They contribute substantially to market trends, including technological advancements in vaccine development, next-generation vaccines, and novel vaccine formulations.
How Is the Global Agriflu Segmented?
Interestingly, the agriflu market is segmented on various criteria –
1. By Clinical Indication: Avian Influenza Bird Flu; Foot and Mouth Disease FMD; Classical Swine Fever CSF; Other Indications
2. By Route Of Administration: Injectable Vaccines; Nasal Spray Vaccines
3. By Distribution Channel: Hospitals And Clinics; Retail And Specialty Pharmacies; Government And Institutional Supply
The Leading Region in the Agriflu Market
In regional terms, North America was the leading region in the agriflu market in 2024. However, Asia-Pacific is expected to be the fastest-growing region going forward. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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