Italy Aquaculture Vaccines Market Size & Outlook
Italy aquaculture vaccines market, 2018-2030 (US$M)
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Italy aquaculture vaccines market highlights
- The Italy aquaculture vaccines market generated a revenue of USD 5.1 million in 2023 and is expected to reach USD 8.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.2% 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 5.1 million |
| Market revenue in 2030 | USD 8.3 million |
| Growth rate | 7.2% (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, Italy accounted for 1.3% 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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Italy 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 35.29% in 2023. Horizon Databook has segmented the Italy aquaculture vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
Italy’s aquatic produce is dominated by species such as rainbow trout, Mediterranean mussel, gilthead sea bream, European sea bass, and Japanese carpet shell. Salmonids and trouts comprise 95% of the country’s freshwater production as per FAO.
This presents opportunities for vaccine manufacturers. Trouts and salmonids are susceptible to diseases including furunculosis, vibriosis, and cold water vibriosis. Vaccination, deployed with an optimal strategy offers a safer and environment friendly alternative to antibiotic treatment.
The country’s aquaculture production in brackish water has been declining since 2000, in comparison to marine & freshwater cultivation. In fact, in 2018, Italy was EU’s top 5 producer of freshwater aquaculture, as per European Market Observatory for Fisheries and Aquaculture Products (EUMOFA). In fact, 21% of the EU’s rainbow trout is farmed in Italy.
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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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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 country-level data and insights on the Italy aquaculture vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Italy aquaculture vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy aquaculture vaccines market size, by vaccine type, 2018-2030 (US$M)
Italy Aquaculture Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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