Latin America Dna Vaccines Market Size & Outlook

The dna vaccines market in Latin America is expected to reach a projected revenue of US$ 575.7 million by 2028. A compound annual growth rate of 8.3% is expected of Latin America dna vaccines market from 2021 to 2028.
Revenue, 2020 (US$M)
$304.2
Forecast, 2028 (US$M)
$575.7
CAGR, 2021 - 2028
8.3%
Report Coverage
Latin America

Latin America dna vaccines market highlights

  • The Latin America dna vaccines market generated a revenue of USD 304.2 million in 2020.
  • The market is expected to grow at a CAGR of 8.3% from 2021 to 2028.
  • In terms of segment, recombinant vaccine was the largest revenue generating technology in 2020.
  • Recombinant vaccine is the most lucrative technology segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2021 to 2028.


Latin America data book summary

Market revenue in 2020USD 304.2 million
Market revenue in 2028USD 575.7 million
Growth rate8.3% (CAGR from 2020 to 2028)
Largest segmentRecombinant vaccine
Fastest growing segmentRecombinant vaccine
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationRecombinant vaccine
Key market players worldwideZoetis, Phibro Animal Health Corp Class A, Elanco Animal Health Inc, Merck & Co Inc, KBNP, Choong Ang Vaccine Laboratories (CAVAC), Kyoto Biken Laboratories, Nissenken, Vaxxinova, HIPRA


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.1% of the global dna vaccines market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,182.5 million by 2028.

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DNA Vaccines Market Companies

Name Profile # Employees HQ Website

Latin America dna 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 dna vaccines market will help companies and investors design strategic landscapes.


Recombinant vaccine was the largest segment with a revenue share of 100% in 2020. Horizon Databook has segmented the Latin America dna vaccines market based on recombinant vaccine covering the revenue growth of each sub-segment from 2017 to 2028.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America dna vaccines market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America dna vaccines market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America dna vaccines market size, by country, 2017-2028 (US$M)

Latin America DNA Vaccines Market Outlook Share, 2020 & 2028 (US$M)

Latin America dna vaccines market size, by country, 2017-2028 (US$M)

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