Germany Aquaculture Vaccines Market Size & Outlook
Germany aquaculture vaccines market, 2018-2030 (US$M)
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Germany aquaculture vaccines market highlights
- The Germany aquaculture vaccines market generated a revenue of USD 2.9 million in 2023 and is expected to reach USD 6.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
- In terms of segment, modified/ attenuated live was the largest revenue generating vaccine type in 2023.
- Modified/ Attenuated Live 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 2.9 million |
| Market revenue in 2030 | USD 6.2 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Modified/ attenuated live |
| Fastest growing segment | Modified/ Attenuated Live |
| 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, Germany accounted for 0.7% 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 Europe, Norway aquaculture vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 6.2 million by 2030.
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Aquaculture Vaccines Market Scope
Aquaculture Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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.
Modified/ attenuated live was the largest segment with a revenue share of 37.93% in 2023. Horizon Databook has segmented the Germany aquaculture vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is a key producer of catfish, carp, trout, pike-perch, Sturgeon, and European eels, especially; while shrimp production is gaining traction. In February 2021, CrustaNova shrimp farms in Munich, received sizeable investment from a group of investors.
In fact, the country is an important player in both freshwater and marine aquaculture production as per the European Market Observatory for Fisheries and Aquaculture Products. Supportive initiatives by government and regulatory bodies are also expected to contribute to the German market share.
In July 2019, the Aquaculture Advisory Council (AAC) added 4 new recommendations to support the sustainable development of the aquaculture sector in the EU. This included promoting the usage of vaccines and replacing use of antimicrobials in fish.
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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 Germany aquaculture vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Germany aquaculture vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany aquaculture vaccines market size, by vaccine type, 2018-2030 (US$M)
Germany Aquaculture Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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