Argentina Animal Vaccines Market Size & Outlook, 2022-2030
Argentina animal vaccines market, 2018-2030 (US$M)
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Argentina animal vaccines market highlights
- The Argentina animal vaccines market generated a revenue of USD 275.2 million in 2022 and is expected to reach USD 591.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10% from 2023 to 2030.
- In terms of segment, attenuated live vaccines was the largest revenue generating product in 2022.
- DNA Vaccines is the most lucrative product segment registering the fastest growth during the forecast period.
Animal vaccines market data book summary
| Market revenue in 2022 | USD 275.2 million |
| Market revenue in 2030 | USD 591.4 million |
| Growth rate | 10% (CAGR from 2022 to 2030) |
| Largest segment | Attenuated live vaccines |
| Fastest growing segment | DNA Vaccines |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, Recombinant Vaccines |
| Key market players worldwide | Zoetis, Ceva Santé Animale, Merck & Co Inc, Vetoquinol SA, Boehringer Ingelheim, Elanco Animal Health Inc, Virbac SA, Veterinary Pharmaceutical Solutions, Dechra Pharmaceuticals, IDEXX Laboratories Inc, Norbrook |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.1% of the global animal vaccines market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil animal vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 785.9 million by 2030.
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Animal Vaccines Market Scope
Animal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina animal vaccines market outlook
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 37.57% in 2022. Horizon Databook has segmented the Argentina 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.
Shift in demographics and change in lifestyle of consumers have resulted in increased preference for egg, meat, and other animal products. According to Organization for Economic Co-operation and Development (OECD), in 2019, the per capita beef and veal consumption was 39.7 kg.
This significantly contributes to market growth in the country. Pet humanization is also playing a significant role in Argentina. The country has the greatest number of pets per capita. Argentina also implemented a nationwide dog vaccination program for rabies control.
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Our clientele includes a mix of animal vaccines market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina animal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Argentina animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina animal vaccines market size, by product, 2018-2030 (US$M)
Argentina Animal Vaccines Market Outlook Share, 2022 & 2030 (US$M)
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