PUBLISHER: SkyQuest | PRODUCT CODE: 1345318
PUBLISHER: SkyQuest | PRODUCT CODE: 1345318
Global Poultry Diagnostics Market size was valued at USD 478.11 million in 2021 and is poised to grow from USD 529.4 million in 2022 to USD 1203.34 million by 2030, growing at a CAGR of 10.8% in the forecast period (2023-2030).
The Poultry Diagnostics Market refers to the global industry focused on diagnostic tools and services for monitoring the health and well-being of poultry, including chickens, turkeys, and ducks. This market encompasses various testing methods, such as PCR, ELISA, and serological tests, to detect diseases and ensure the safety of poultry products. With the growing demand for poultry products worldwide, this market plays a crucial role in maintaining animal health and food safety. It continually evolves to address emerging poultry health challenges and is driven by advancements in technology and increasing awareness of animal welfare and food quality.
Top-down and bottom-up approaches were used to estimate and validate the size of Poultry Diagnostics and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Poultry Diagnostics Market Segmental Analysis:
The global poultry diagnostics market is segmented on the basis of Test type, Disease type, Services, and region. By Test type, the market is segmented into Enzyme-Linked Immunosorbent Assay (Elisa) Tests, Polymerase Chain Reaction (PCR) Tests, and Other Diagnostic Tests. By Disease type, the market is segmented into Avian Salmonellosis, Avian Influenza, Newcastle Disease, Avian Mycoplasmosis, Infectious Bronchitis, Infectious Bursal Disease, Avian Pasteurellosis, Avian Encephalomyelitis, Avian Reovirus, and Chicken Anemia. By Services, the market is segmented into Virology, Bacteriology, and Parasitology. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Poultry Diagnostics Market Dynamics:
Driver:
Disease Outbreaks: The poultry industry faces a continuous threat of disease outbreaks, underscoring the need for accurate diagnostic tools to control and mitigate these outbreaks.
Growing Concerns about Food Safety: Ensuring food safety is a top priority, and poultry diagnostics are vital in safeguarding the quality of poultry products, addressing consumer concerns.
Restraint:
High Costs: The expenses associated with poultry diagnostics can be a barrier, especially for small-scale poultry farmers, limiting adoption.
Lack of Awareness and Infrastructure: In some regions, there may be a lack of awareness about the importance of poultry diagnostics and insufficient diagnostic infrastructure, hindering market growth.
Global Poultry Diagnostics Key Market Trends
Increased Adoption of Rapid Diagnostic Technologies:
One key market trend in the poultry diagnostics industry is the growing adoption of rapid diagnostic technologies. These technologies offer quick and accurate detection of various poultry diseases, enabling timely intervention and control measures. Rapid diagnostic tests, such as PCR-based assays and lateral flow devices, are gaining popularity due to their ease of use, portability, and ability to deliver results within a short time frame. As the poultry industry aims to minimize disease outbreaks and optimize flock health, the demand for rapid and efficient diagnostic tools is on the rise.