Market potential of PVC2 vaccine is huge, reaching 3.5 billion yuan

By CnAgri2016-08-30 14:30:36 Print According to statistical data of BOABC, sales value and sales volume of domestic PVC2 vaccine manufacturers respectively reached 1.118 billion yuan and 215 million doses in 2015, and the market penetration rate was about 27%.
The penetration rate of domestic PVC2 vaccine will rise further in next five to ten years, the reasons are as follows:
1) China’s pigs face great pressure of being infected with PVC2 which will become basic immune diseases. Above data show that PVC2 happens in many pig farms, China’s pig groups generally are infected with PVC2, it seriously damages pig farms.
2) Transformation and upgrading of China’s pig industry, standardization of immune procedure and increase of vaccine cost will expand the market scale of PVC2 vaccine.
In terms of current hog breeding scale in domestic, theoretical space of PVC2 vaccine is about 3.5 billion yuan, but the actual scale only is 1.1 billion yuan, huge potential means that PVC2 vaccine still is a favourite of the market in the future. But the market share of top 10 enterprises has reached 81.8%.
How to occupy market share in fierce market competition among over 20 manufacturers in the future, domestic enterprises still need make great effort, but BOABC thinks high cost-effective product and service are the key of improving market competitiveness.



It is published by China livestock industry weekly report , if you are interested in the data , please feel free to contact with me  
Email : lili.yang@boabc.com
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