UK Aquaculture Vaccines Market Size & Outlook, 2023-2030
UK aquaculture vaccines market, 2018-2030 (US$M)
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UK aquaculture vaccines market highlights
- The UK aquaculture vaccines market generated a revenue of USD 7.5 million in 2023 and is expected to reach USD 13.8 million by 2030.
- The UK 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 7.5 million |
| Market revenue in 2030 | USD 13.8 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, UK accounted for 1.9% 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 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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UK 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 34.67% in 2023. Horizon Databook has segmented the UK aquaculture vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
According to Aqualife, a UK-based provider of aquaculture vaccination services, disease outbreaks cost £6 billion per annum to the aquaculture industry through mortality and stunted growth rates. It also leads to increased use of antibiotics.
As antibiotics can lead to the development of resistant bacteria in the environment, there are growing concerns against its use in fish farming. An optimal vaccination strategy lowers the usage of antibiotics while promoting healthy environment.
The Aquaculture Vaccines market share of the UK can be attributed to availability and widespread use of vaccines. However, there is still much scope for vaccine development, especially for the disease challenges currently facing the industry. This is expected to propel the market growth over the forecast period.
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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 UK aquaculture vaccines market , including forecasts for subscribers. This country databook contains high-level insights into UK aquaculture vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK aquaculture vaccines market size, by vaccine type, 2018-2030 (US$M)
UK Aquaculture Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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