The global sales of poultry diagnostics are projected to expand at a healthy CAGR of 9% till 2031, surpassing US$ 660 Mn in valuation, reports Fact.MR, a market research and competitive intelligence provider. Historical data suggests that the market expanded at a CAGR of 8.3% from 2016 to 2020.
The primary cause for significant growth in demand for poultry diagnostics is rising outbreaks of poultry diseases worldwide. These flock infections affect world trade in layers poultry, broilers, and turkeys. As a result, ongoing efforts are being made to increase awareness among farmers about these diseases. Different bacteria, fungi, viruses, protozoon pathogens, and environment and nutritional deficiencies are causing these diseases.
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Rising prevalence of these infectious diseases and growing threat of antibiotic resistant microbes are key factors bolstering demand for poultry diagnostics across the world. Also, concerns of bacterial and viral transmission from birds to human consumers is supporting the use of diagnostics, as poultry consumption continues growing worldwide.
“Growing incidence of zoonotic diseases and rising awareness of consumers towards safety of poultry products to boost demand for poultry diagnostics over coming years,” says a Fact.MR analyst.
Key Segments Covered in Poultry Diagnostics Industry Research
- ELISA Test (Enzyme-linked Immunoassays)
- PCR Test (Polymerase Chain Reaction)
- Avian Salmonellosis
- Avian Influenza
- Newcastle Disease
- Avian Mycoplasmosis
- Avian Pasteurellosis
- Infectious Bronchitis
- Infectious Bursal Disease
- Avian Encephalomyelitis
- Avian Reovirus
- Chicken Anaemia
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Key Takeaways from Market Study
- By test, ELISA to generate 52% of total market revenue.
- Market for poultry diagnostics to grow 1.8X in value by 2031.
- U.S. to remain dominant in North American market expanding at 6% CAGR through 2031.
- Market for poultry diagnostics in China to surge at CAGR of 12% over analysis period.
- Within Europe, market in Germany to expand at a CAGR of 7% over next ten years.
- Demand for PCR tests to rise at a CAGR of 8% over the decade.
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- IDEXX Laboratories
- QIAGEN N.V.
- Thermo Fisher Scientific
- GD Animal Health
- AffiniTech LTD
- AgroBioTek Internacional
- Boehringer Ingelheim
- MEGACOR Diagnostik GmbH
- BioInGenTech Biotechnologies.
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the poultry diagnostics market, presenting historical market data (2016-2020) and forecast statistics for the period of 2021-2031.
The study reveals essential insights on the basis of test (ELISA test and PCR test), disease (avian salmonellosis, avian influenza, Newcastle disease, avian mycoplasmosis, avian pasteurellosis, infectious bronchitis, infectious bursal disease, avian encephalomyelitis, avian reovirus, and chicken anaemia), and service (bacteriology, virology, and parasitology), across major regions of the world (North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa).
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