Market revenue in 2022 | USD 12,826.7 million |
Market revenue in 2030 | USD 26,123.8 million |
Growth rate | 9.3% (CAGR from 2022 to 2030) |
Largest segment | Attenuated live vaccines |
Fastest growing segment | DNA Vaccines |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, Recombinant Vaccines |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to animal vaccines market will help companies and investors design strategic landscapes.
attenuated live vaccines was the largest segment with a revenue share of 37.66% in 2022. Horizon Databook has segmented the Global animal vaccines market based on attenuated live vaccines, inactivated vaccines, subunit vaccines, dna vaccines, recombinant vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
The global livestock population has been experiencing a rapid growth over the past few decades. In developing countries, the demand for livestock products is increasing. This has led to rise in concern for the health of livestock.
According to animal census, India is home to a large livestock population of about 512 million. The livestock sector accounts for 25.6% of the total agricultural GDP in India, employing about 20.5 million households in the country. Rising concern about food security and increasing animal husbandries are boosting demand for Animal vaccines for livestock population.
Increasing demand for animal products has intensified the livestock production worldwide. Moreover, factors such as change in food preferences owing to changing lifestyle & population growth is boosting the demand for livestock products. The abovementioned factors are aiding growth of the livestock population worldwide.
Horizon Databook provides a detailed overview of global-level data and insights on the Global animal vaccines market , including forecasts for subscribers. This global databook contains high-level insights into Global animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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