Thailand Influenza Vaccine Market Size & Outlook

The influenza vaccine market in Thailand is expected to reach a projected revenue of US$ 33.7 million by 2030. A compound annual growth rate of 8.8% is expected of Thailand influenza vaccine market from 2024 to 2030.
Revenue, 2023 (US$M)
$18.7
Forecast, 2030 (US$M)
$33.7
CAGR, 2024 - 2030
8.8%
Report Coverage
Thailand

Thailand influenza vaccine market highlights

  • The Thailand influenza vaccine market generated a revenue of USD 18.7 million in 2023 and is expected to reach USD 33.7 million by 2030.
  • The Thailand 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 18.7 million
Market revenue in 2030USD 33.7 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, Thailand accounted for 0.2% 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 Asia Pacific, China influenza vaccine market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 477.8 million by 2030.

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Influenza Vaccine Market Companies

Name Profile # Employees HQ Website

Thailand 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 90.91% in 2023. Horizon Databook has segmented the Thailand influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.


In Thailand, the influenza vaccine market is primarily saturated with foreign players and their subsidiaries, such as Sanofi, and Pfizer, Inc. Furthermore, several government interventions to treat flu and infectious diseases are anticipated to fuel market growth.

For instance, in August 2022, Thailand announced its plans to treat flu in the same way as COVID-19. Such government interventions are expected to drive the market.

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Target buyers of Thailand 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 Thailand influenza vaccine market , including forecasts for subscribers. This country databook contains high-level insights into Thailand influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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