China’s animal vaccine market will show double-digit growth

According to data from the National Bureau of Statistics, the animal vaccine market will reach 17,5 billion Yuan by 2016. At present, compulsory vaccinations include FMD, avian flu, blue ear pig, swine fever vaccine and small ruminant category 5, the main varieties are PCV vaccine, Newcastle vaccine and porcine parvovirus disease vaccine. Pig and poultry vaccines account for more than 80% market share. The animal vaccine market is dominated by domestic enterprises, self-sufficiency rate is 90%. The pet vaccine market is dominated by foreign companies and has room to grow.

China Bio news release, Feb. 16, 2015

China’s animal vaccine market will show double-digit growth
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