Mexico Influenza Vaccine Market Size & Outlook, 2023-2030
Mexico influenza vaccine market, 2018-2030 (US$M)
Related Markets
Mexico influenza vaccine market highlights
- The Mexico influenza vaccine market generated a revenue of USD 50.9 million in 2023 and is expected to reach USD 85.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.7% 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 50.9 million |
| Market revenue in 2030 | USD 85.4 million |
| Growth rate | 7.7% (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, Mexico accounted for 0.6% 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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Mexico 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 92.73% in 2023. Horizon Databook has segmented the Mexico influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico has a high rate of infectious diseases coupled with the growth of the country's biotechnology & biopharmaceutical industries, owing to the increasing number of startups and rising investments. These factors are expected to contribute to the market growth.
Some of the key players in Mexico are Pfizer, Inc., GSK plc, Sanofi, and others. In addition, several government initiatives to promote influenza vaccine uptake are also expected to push the market forward.
For instance, in September 2022, the government of Mexico initiated influenza vaccination campaign to manage the flu burden of the country. Moreover, in November 2022, Mexico initiated vaccination in birds to combat the spread of contagious H5N1 strain of bird flu in the country.
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Target buyers of Mexico 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 Mexico influenza vaccine market , including forecasts for subscribers. This country databook contains high-level insights into Mexico influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico influenza vaccine market size, by vaccine type, 2018-2030 (US$M)
Mexico Influenza Vaccine Market Outlook Share, 2023 & 2030 (US$M)
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