Italy Influenza Vaccine Market Size & Outlook, 2023-2030
Italy influenza vaccine market, 2018-2030 (US$M)
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Italy influenza vaccine market highlights
- The Italy influenza vaccine market generated a revenue of USD 185.6 million in 2023 and is expected to reach USD 277.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.9% 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 185.6 million |
| Market revenue in 2030 | USD 277.1 million |
| Growth rate | 5.9% (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, Italy accounted for 2.3% 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 Europe, Germany influenza vaccine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 31.6 million by 2030.
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Influenza Vaccine Market Scope
Influenza Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 91.33% in 2023. Horizon Databook has segmented the Italy influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing R&D investments and continuous research by scientists have boosted the demand for novel vaccines in Italy. In addition, the increasing prevalence of seasonal flu & influenza in the country and continuous strategic initiatives being implemented by regional players to provide innovative solutions are expected to support the market growth.
For instance, in April 2021, Italy’s Farm industrial identified several Italian companies ready for the bottling of vaccines, and four of those can activate bioreactors for vaccine production. The bioreactor activation can provide a better chance to boost the vaccine supply in the country.
In addition, in July 2021, Catalent announced plans for USD 100 million expansion of its plant in Italy to meet increasing demand for vaccines in the country. Thus, the abovementioned factors are expected to create robust growth opportunities for the market in coming years.
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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 Italy influenza vaccine market , including forecasts for subscribers. This country databook contains high-level insights into Italy influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy influenza vaccine market size, by vaccine type, 2018-2030 (US$M)
Italy Influenza Vaccine Market Outlook Share, 2023 & 2030 (US$M)
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