U.S. Animal Vaccines Market Size & Outlook, 2022-2030
U.S. animal vaccines market, 2018-2030 (US$M)
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U.S. animal vaccines market highlights
- The U.S. animal vaccines market generated a revenue of USD 2,828.5 million in 2022 and is expected to reach USD 5,267.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.1% 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 2,828.5 million |
| Market revenue in 2030 | USD 5,267.0 million |
| Growth rate | 8.1% (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, U.S. accounted for 22.1% 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 North America, U.S. animal vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,912.2 million by 2030.
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Animal Vaccines Market Scope
Animal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 37.56% in 2022. Horizon Databook has segmented the U.S. 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 U.S. holds a major share of animal vaccines market in North America. Increase in pet humanization, which involves treating pets with increased care and hygiene, is a key factor driving the market growth. According to American Pet Products Association's 2019-2020 National Pet Owners Survey, the following table shows the number of households in the country that own a pet.
Growing incidence of food-borne zoonotic diseases is another key factor supporting growth of the market. Certain transmissible diseases, such as bird flu and tuberculosis, in invertebrate animals can be transferred directly or indirectly to humans. If consumers eat worms via undercooked fish, they can get contaminated with anisakiasis, a human zoonotic infection caused by some species of nematodes.
Concerns regarding animal health are increasing among pet owners and animal farm owners. Tens of thousands of Americans find themselves unwell due to diseases spread among animals and people annually.
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Our clientele includes a mix of animal vaccines market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. animal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into U.S. animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. animal vaccines market size, by product, 2018-2030 (US$M)
U.S. Animal Vaccines Market Outlook Share, 2022 & 2030 (US$M)
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