Japan Aquaculture Vaccines Market Size & Outlook
Japan aquaculture vaccines market, 2018-2030 (US$M)
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Japan aquaculture vaccines market highlights
- The Japan aquaculture vaccines market generated a revenue of USD 4.0 million in 2023 and is expected to reach USD 6.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.7% 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 4.0 million |
| Market revenue in 2030 | USD 6.7 million |
| Growth rate | 7.7% (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, Japan accounted for 1.0% 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 Asia Pacific, Thailand aquaculture vaccines market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4.7 million by 2030.
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Aquaculture Vaccines Market Scope
Aquaculture Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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% in 2023. Horizon Databook has segmented the Japan aquaculture vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
In December 2018, the Japanese government approved the Fisheries Reform Act. These reforms put into place government authority to regulate fishing. It also encouraged companies to enter the aquaculture business by changing the fishing rights system.
This has boosted the aquaculture sector as market players began shifting their focus from catching fish to inland fish farming. Adoption of new technologies such as automatic feeding system and cloud-based monitoring technologies has been on the rise. Kyoto Biken Laboratories, Inc. is a Japanese company specializing in veterinary drugs and vaccines.
The company manufactures vaccines for animals, fish, and plants. Nisseiken Co., Ltd. is another vaccine manufacturer that produces vaccine against viral nervous necrosis (serotype C) in groupers species.
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Our clientele includes a mix of aquaculture vaccines market companies, investment firms, advisory firms & academic institutions.
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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 Japan aquaculture vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Japan aquaculture vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan aquaculture vaccines market size, by vaccine type, 2018-2030 (US$M)
Japan Aquaculture Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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