Argentina Influenza Vaccine Market Size & Outlook

The influenza vaccine market in Argentina is expected to reach a projected revenue of US$ 43.5 million by 2030. A compound annual growth rate of 8.8% is expected of Argentina influenza vaccine market from 2024 to 2030.
Revenue, 2023 (US$M)
$24.1
Forecast, 2030 (US$M)
$43.5
CAGR, 2024 - 2030
8.8%
Report Coverage
Argentina

Argentina influenza vaccine market highlights

  • The Argentina influenza vaccine market generated a revenue of USD 24.1 million in 2023 and is expected to reach USD 43.5 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
  • In terms of segment, inactivated was the largest revenue generating vaccine type in 2023.
  • Inactivated is the most lucrative vaccine type segment registering the fastest growth during the forecast period.


Influenza vaccine market data book summary

Market revenue in 2023USD 24.1 million
Market revenue in 2030USD 43.5 million
Growth rate8.8% (CAGR from 2023 to 2030)
Largest segmentInactivated
Fastest growing segmentInactivated
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInactivated, Live Attenuated
Key market players worldwideGSK PLC, Pfizer Inc, Merck & Co Inc, Viatris Inc, AstraZeneca PLC, Sinovac Biotech Ltd, CSL Ltd, Emergent BioSolutions Inc, Vaxess Technologies, Osivax, Emergex Vaccines


Other key industry trends

  • In terms of revenue, Argentina accounted for 0.3% of the global influenza vaccine market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil influenza vaccine market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 43.5 million by 2030.

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Influenza Vaccine Market Companies

Name Profile # Employees HQ Website

Argentina 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 92.53% in 2023. Horizon Databook has segmented the Argentina influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.


Constant developments like geographic expansion and new product launches have contributed to Argentina’s market growth. For instance, in April 2017, Sinergium Biotech, Argentina-based biopharmaceutical company, announced the establishment of an antigen manufacturing plant in the country.

The newly established facility will help manufacture flu vaccine against zika virus and recombinant variants of Zika virus E protein. In addition, pharmaceutical production in Argentina is dominated by local businesses.

Only Sanofi and Bayer, two of the top 10 pharmaceutical companies operating in Argentina, are foreign multinational companies operating in the country. A considerable degree of saturation exists in this sector, with roughly 20 laboratories accounting for 70% of the total revenue.

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Target buyers of Argentina influenza vaccine market databook

  • Our clientele includes a mix of influenza vaccine market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Argentina influenza vaccine market , including forecasts for subscribers. This country databook contains high-level insights into Argentina influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina influenza vaccine market size, by vaccine type, 2018-2030 (US$M)

Argentina Influenza Vaccine Market Outlook Share, 2023 & 2030 (US$M)

Argentina influenza vaccine market size, by vaccine type, 2018-2030 (US$M)

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