Global Ruminant Vaccines Market Size & Outlook, 2023-2030
Global ruminant vaccines market, 2018-2030 (US$M)
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Global ruminant vaccines market highlights
- The global ruminant vaccines market generated a revenue of USD 3,446.9 million in 2023 and is expected to reach USD 5,517.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7% by 2030.
- In terms of segment, modified/ attenuated live accounted for a revenue of USD 1,790.9 million in 2023.
- Other Vaccines is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,446.9 million |
| Market revenue in 2030 | USD 5,517.2 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Modified/ attenuated live |
| Fastest growing segment | Other Vaccines |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Modified/ Attenuated Live, Inactivated (Killed), Other Vaccines |
Other key industry trends
- In terms of revenue, the North America accounted for 38.0% of the global ruminant vaccines market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 342.9 million by 2030.
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Ruminant Vaccines Market Scope
Ruminant Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global ruminant vaccines 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 ruminant vaccines market will help companies and investors design strategic landscapes.
Modified/ attenuated live was the largest segment with a revenue share of 51.96% in 2023. Horizon Databook has segmented the Global ruminant vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ruminant Vaccines Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
- Modified/ Attenuated Live
- Inactivated (Killed)
- Other Vaccines
- Other Vaccines (e.g. Recombinant, DNA, subunit, or toxoids)
- Global Ruminant Vaccines Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Injectable
- Others (e.g. Intranasal)
- Others (e.g. Oral, Intranasal)
- Others (e.g. Oral, Oculo-nasal etc.)
- Others (e.g. Immersion & Spray, Oral)
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Our clientele includes a mix of ruminant vaccines market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of global-level data and insights on the Global ruminant vaccines market , including forecasts for subscribers. This global databook contains high-level insights into Global ruminant vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global ruminant vaccines market size, by region, 2018-2030 (US$M)
Top 10 countries: Ruminant vaccines market size, 2023 (US$M)
Global ruminant vaccines market share, by vaccine type, 2023 & 2030 (%, US$M)
Ruminant vaccines market: Opportunity assessment by country
Global ruminant vaccines market, by region, 2023 (US$M)
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