Brazil Aquaculture Vaccines Market Size & Outlook
Brazil aquaculture vaccines market, 2018-2030 (US$M)
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Brazil aquaculture vaccines market highlights
- The Brazil aquaculture vaccines market generated a revenue of USD 11.4 million in 2023 and is expected to reach USD 21.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, inactivated (killed) was the largest revenue generating vaccine type in 2023.
- Other Vaccines is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
Aquaculture vaccines market data book summary
| Market revenue in 2023 | USD 11.4 million |
| Market revenue in 2030 | USD 21.1 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Inactivated (killed) |
| Fastest growing segment | Other Vaccines |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Modified/ Attenuated Live, Inactivated (Killed), Other Vaccines |
| Key market players worldwide | Zoetis, Phibro Animal Health Corp Class A, Elanco Animal Health Inc, Merck & Co Inc, Choong Ang Vaccine Laboratories (CAVAC), Kyoto Biken Laboratories, Nissenken, KBNP, Vaxxinova, HIPRA |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.9% of the global aquaculture vaccines market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aquaculture 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 8.1 million by 2030.
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Aquaculture Vaccines Market Scope
Aquaculture Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil aquaculture 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 aquaculture vaccines market will help companies and investors design strategic landscapes.
Inactivated (killed) was the largest segment with a revenue share of 34.21% in 2023. Horizon Databook has segmented the Brazil aquaculture vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is a key aquaculture producer in Latin America, and second largest as per FAO. The country’s freshwater aquaculture accounted for 86% of the total aquaculture output in 2017 comprising of tilapia, carps, and indigenous Amazonian fish species.
In fact, Brazil is the fourth largest producer of tilapia across the globe. Mariculture contributed to the remaining 14% and was dominated by production of whiteleg shrimp. Aquaculture has been on an upward trend in the country and this creates opportunities for Aquaculture Vaccines market players.
This is because of rising concerns related to the aquatic diseases and economic losses caused by outbreaks. Streptococcus infection for example, is one of the most costly diseases impacting the tilapia market globally.
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Our clientele includes a mix of aquaculture 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 Brazil aquaculture vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Brazil aquaculture vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil aquaculture vaccines market size, by vaccine type, 2018-2030 (US$M)
Brazil Aquaculture Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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