Revenue, ()
$0.0
Forecast, ()
$0.0
CAGR, 1 -
-100%
Report Coverage
South Korea

South Korea ruminant vaccines market highlights

  • The South Korea ruminant vaccines market generated a revenue of USD 26.5 million in 2023 and is expected to reach USD 50.2 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 9.5% 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.

Ruminant vaccines market data book summary

Market revenue in 2023USD 26.5 million
Market revenue in 2030USD 50.2 million
Growth rate9.5% (CAGR from 2023 to 2030)
Largest segmentModified/ attenuated live
Fastest growing segmentOther Vaccines
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, South Korea accounted for 0.8% of the global ruminant vaccines market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, India ruminant vaccines market is projected to lead the regional market in terms of revenue in 2030.
  • Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 7.4 million by 2030.

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Ruminant Vaccines Market Scope

Ruminant Vaccines Market Companies

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South Korea 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 51.7% in . Horizon Databook has segmented the South Korea ruminant vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines covering the revenue growth of each sub-segment from to .


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  • Our clientele includes a mix of ruminant vaccines 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea ruminant vaccines market , including forecasts for subscribers. This country databook contains high-level insights into South Korea ruminant vaccines market from to , including revenue numbers, major trends, and company profiles.

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South Korea Ruminant Vaccines Market Outlook Share, & (US$M)

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