Global Influenza Vaccine Market Size & Outlook, 2023-2030
Global influenza vaccine market, 2018-2030 (US$M)
Related Markets
Global influenza vaccine market highlights
- The global influenza vaccine market generated a revenue of USD 7,907.0 million in 2023 and is expected to reach USD 12,580.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.9% by 2030.
- In terms of segment, inactivated accounted for a revenue of USD 7,270.1 million in 2023.
- Inactivated is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,907.0 million |
| Market revenue in 2030 | USD 12,580.8 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Inactivated |
| Fastest growing segment | Inactivated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inactivated, Live Attenuated |
Other key industry trends
- In terms of revenue, the North America accounted for 53.1% of the global influenza vaccine market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 277.1 million by 2030.
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Influenza Vaccine Market Scope
Influenza Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global influenza vaccine 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 influenza vaccine market will help companies and investors design strategic landscapes.
Inactivated was the largest segment with a revenue share of 91.95% in 2023. Horizon Databook has segmented the Global influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Influenza Vaccine Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
- Inactivated
- Live Attenuated
- Global Influenza Vaccine Indication Outlook (Revenue, USD Million, 2018-2030)
- Quadrivalent
- Trivalent
- Global Influenza Vaccine Age Group Outlook (Revenue, USD Million, 2018-2030)
- Pediatric
- Adult
- Global Influenza Vaccine Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Injection
- Nasal Spray
- Global Influenza Vaccine Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Pharmacy
- Government & Institutional supply
- Other Distribution Channels
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Target buyers of Global influenza vaccine market databook
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Our clientele includes a mix of influenza vaccine 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 global-level data and insights on the Global influenza vaccine market , including forecasts for subscribers. This global databook contains high-level insights into Global influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global influenza vaccine market size, by regions, 2018-2030 (US$M)
Top 10 countries: Influenza vaccine market size, 2023 (US$M)
Global influenza vaccine market share, by vaccine type, 2023 & 2030 (%, US$M)
Influenza vaccine market: Opportunity assessment by country
Global influenza vaccine market, by region, 2023 (US$M)
| Vaccine Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,483.5 | 2,630.4 | 3,444.1 | 3,679.6 | 3,993.1 | 4,200.0 | 4,437.6 | 4,699.7 | 4,988.7 | 5,307.8 | 5,660.4 | 6,050.4 | 6,482.2 | 6.4% |
| Europe | 1,136.2 | 1,205.1 | 1,580.1 | 1,690.6 | 1,837.4 | 1,935.4 | 2,048.0 | 2,172.1 | 2,309.2 | 2,460.6 | 2,628.1 | 2,813.5 | 3,018.9 | 6.6% |
| Asia Pacific | 720.3 | 778.4 | 1,039.7 | 1,132.9 | 1,253.5 | 1,344.1 | 1,447.4 | 1,562.0 | 1,689.3 | 1,830.8 | 1,988.5 | 2,164.3 | 2,360.7 | 8.4% |
| Latin America | 155.4 | 166.9 | 221.6 | 239.9 | 263.9 | 281.3 | 301.3 | 323.3 | 347.8 | 374.9 | 405.1 | 438.8 | 476.2 | 7.8% |
| MEA | 82.0 | 87.8 | 116.1 | 125.4 | 137.5 | 146.2 | 156.1 | 167.1 | 179.2 | 192.7 | 207.6 | 224.2 | 242.7 | 7.5% |
| Overall | 4,577.5 | 4,868.6 | 6,401.6 | 6,868.4 | 7,485.5 | 7,907.0 | 8,390.4 | 8,924.1 | 9,514.1 | 10,166.9 | 10,889.7 | 11,691.2 | 12,580.8 | 6.9% |
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