Asia Pacific Ruminant Vaccines Market Size & Outlook

The ruminant vaccines market in Asia Pacific is expected to reach a projected revenue of US$ 831.3 million by 2030. A compound annual growth rate of 8.9% is expected of Asia Pacific ruminant vaccines market from 2024 to 2030.
Revenue, 2023 (US$M)
$457.0
Forecast, 2030 (US$M)
$831.3
CAGR, 2024 - 2030
8.9%
Report Coverage
Asia Pacific

Asia Pacific ruminant vaccines market highlights

  • The Asia Pacific ruminant vaccines market generated a revenue of USD 457.0 million in 2023.
  • The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
  • In terms of segment, modified/ attenuated live was the largest revenue generating vaccine type in 2023.
  • Other Vaccines is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
  • Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.

Asia Pacific data book summary

Market revenue in 2023USD 457.0 million
Market revenue in 2030USD 831.3 million
Growth rate8.9% (CAGR from 2023 to 2030)
Largest segmentModified/ attenuated live
Fastest growing segmentOther Vaccines
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationModified/ Attenuated Live, Inactivated (Killed), Other Vaccines
Key market players worldwideBoehringer Ingelheim, Zoetis, Merck & Co Inc, Indian Immunologicals, Elanco Animal Health Inc, Virbac SA, Ceva Santé Animale

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 13.3% of the global ruminant vaccines market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 831.3 million by 2030.

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Ruminant Vaccines Market Scope

Ruminant vaccines market segmentation & scope
Modified/ Attenuated Live
Inactivated (Killed)
Other Vaccines
Other Vaccines (e.g. Recombinant, DNA, subunit, or toxoids)
Injectable
Others (e.g. Intranasal)
Others (e.g. Oral, Intranasal)
Others (e.g. Oral, Oculo-nasal etc.)
Others (e.g. Immersion & Spray, Oral)

Ruminant Vaccines Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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 51.68% in 2023. Horizon Databook has segmented the Asia Pacific ruminant vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from 2018 to 2030.


  • Asia Pacific 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)
  • Asia Pacific 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ruminant vaccines market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ruminant vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific ruminant vaccines market size, by country, 2018-2030 (US$M)

Asia Pacific Ruminant Vaccines Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific ruminant vaccines market size, by country, 2018-2030 (US$M)

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