Middle East & Africa Animal Vaccines Market Size & Outlook
Middle East & Africa animal vaccines market, 2018-2030 (US$M)
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MEA animal vaccines market highlights
- The MEA animal vaccines market generated a revenue of USD 1,047.8 million in 2022.
- The market is expected to grow at a CAGR of 9.5% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 1,047.8 million |
| Market revenue in 2030 | USD 2,172.2 million |
| Growth rate | 9.5% (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 |
| 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, MEA region accounted for 8.2% of the global animal vaccines market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,412.0 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Animal Vaccines Market Scope
Animal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 37.61% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
Middle East and Africa together accounted for market share of around 6.3% in 2020. The growth of Animal Vaccines market is a result of the growing demand for livestock and poultry products and increasing awareness for improved animal health, as well as presence of well-defined safety and efficacy guidelines for vaccine production.
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Target buyers of Middle East & Africa animal vaccines market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa animal vaccines market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA animal vaccines market size, by country, 2018-2030 (US$M)
Middle East & Africa Animal Vaccines Market Outlook Share, 2022 & 2030 (US$M)
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