Brazil Influenza Vaccine Market Size & Outlook, 2023-2030
Brazil influenza vaccine market, 2018-2030 (US$M)
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Brazil influenza vaccine market highlights
- The Brazil influenza vaccine market generated a revenue of USD 90.6 million in 2023 and is expected to reach USD 147.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.2% 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 2023 | USD 90.6 million |
| Market revenue in 2030 | USD 147.4 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Inactivated |
| Fastest growing segment | Inactivated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inactivated, Live Attenuated |
| Key market players worldwide | GSK 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, Brazil accounted for 1.1% 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 Scope
Influenza Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 92.72% in 2023. Horizon Databook has segmented the Brazil influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
In LATAM, Brazil has the largest population. Thus, the influenza incidence in the country is high, which leads to an increased demand for vaccines. According to the WHO, since 2020, Brazil reported high numbers of influenza A infections. This rising prevalence is pushing vaccine manufacturers to investigate potential candidates for managing the condition.
For instance, in May 2022, Blue Water Vaccines, Inc. collaborated with Instituto Butan tan for the development of BMV-101, a universal influenza vaccine candidate. Through this collaboration, the company will improve vaccine-based adjuvant formulations and novel cell culture-based vaccine formulations.
In addition, supportive government initiatives to promote vaccine supply and uptake in the country are also expected to fuel the market. For instance, in July 2022, Emergex Vaccines Holding Limited announced a partnership with Molecular Biology Institute of Paraná (IBMP) in Brazil.
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Target buyers of Brazil 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 country-level data and insights on the Brazil influenza vaccine market , including forecasts for subscribers. This country databook contains high-level insights into Brazil influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil influenza vaccine market size, by vaccine type, 2018-2030 (US$M)
Brazil Influenza Vaccine Market Outlook Share, 2023 & 2030 (US$M)
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