The global poultry diagnostics market size is expected to reach USD 1.46 billion by 2030, expanding at a CAGR of 9.8% from 2024 to 2030. Supportive government initiatives and technological advancements in the poultry sectors is anticipated to drive the growth of market over the forecast period.
Disease outbreaks, technological advancements, and supportive government initiatives are the key drivers for the substantial growth of poultry diagnostic market. With the outbreak of catastrophic diseases and erosive diseases such as avian influenza, Newcastle disease, and other respiratory infections the farmers are now going for a preventive diagnosis.
These infections of flocks are affecting the global trade of layers, broilers, turkeys, and water fowl. As a result, there have been continuous efforts to increase the awareness about these diseases amongst poultry farmers.
Rising number of supportive government initiatives such as, the OIE International Standards, a part of WTO framework, which issues standards to improve animal health and promote international animal products trade are anticipated to increase the demand for the products.
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Disease outbreaks, technological advancements, and supportive government initiatives are the key drivers for the substantial growth of poultry diagnostic market. With the outbreak of catastrophic diseases and erosive diseases such as avian influenza, Newcastle disease, and other respiratory infections the farmers are now going for a preventive diagnosis.
These infections of flocks are affecting the global trade of layers, broilers, turkeys, and water fowl. As a result, there have been continuous efforts to increase the awareness about these diseases amongst poultry farmers.
Rising number of supportive government initiatives such as, the OIE International Standards, a part of WTO framework, which issues standards to improve animal health and promote international animal products trade are anticipated to increase the demand for the products.
Poultry Diagnostics Market Report Highlights
- The ELISA tests contributed with more than 56.4% share in 2023. This can be attributed to their high sensitivity, specificity, accuracy and cost-efficinecy.
- Avian influenza led this industry with more than 23.4% share in 2023. Frequent outbreaks of influenza (bird flu) in Southeast Asian and African countries contributed to the substantial share.
- North America dominated the poultry diagnostics market in 2023. This can be attributed to their advanced infrastructure pertaining to animal health, extensive distribution network, presence of multinational players and increasing awareness amongst farmers governed the growth of this segment.
- IDEXX Laboratories, Inc., Zoetis Services LLC, Antech Diagnostics, Inc., Embark Veterinary, Inc., Agrolabo S.p.A., Thermo Fisher Scientific Inc., BioinGentech Biotechnology company, MEGACOR Diagnostik GmbH, Innovative Diagnostics SAS, and AffiniTech, LTD. are the key players in poultry diagnostics market.
- New product developments, collaborations, regional expansion, and mergers are key strategic initiatives undertaken.
The leading players in the Poultry Diagnostics market include:
- IDEXX Laboratories, Inc.
- Zoetis Services LLC
- Antech Diagnostics, Inc.
- Embark Veterinary, Inc.
- Agrolabo S.p.A.
- Thermo Fisher Scientific Inc.
- Innovative Diagnostics SAS
- FUJIFILM Corporation
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Poultry Diagnostics Market Variables, Trends, & Scope
Chapter 4. Poultry Diagnostics Market: Test Estimates & Trend Analysis
Chapter 5. Poultry Diagnostics Market: Disease Estimates & Trend Analysis
Chapter 6. Poultry Diagnostics Market: Test Category Estimates & Trend Analysis
Chapter 7. Poultry Diagnostics Market: Product Estimates & Trend Analysis
Chapter 8. Poultry Diagnostics Market: End Use Estimates & Trend Analysis
Chapter 9. Poultry Diagnostics Market: Regional Estimates & Trend Analysis
Chapter 10. Competitive Landscape
Companies Mentioned
The leading players in the Poultry Diagnostics market include:- IDEXX Laboratories, Inc.
- Zoetis Services LLC
- Antech Diagnostics, Inc.
- Embark Veterinary, Inc.
- Agrolabo S.p.A.
- Thermo Fisher Scientific Inc.
- Innovative Diagnostics SAS
- FUJIFILM Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 772.4 Million |
| Forecasted Market Value ( USD | $ 1460 Million |
| Compound Annual Growth Rate | 9.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
