Global Swine Vaccines Market Size & Outlook, 2023-2030
Global swine vaccines market, 2018-2030 (US$M)
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Global swine vaccines market highlights
- The global swine vaccines market generated a revenue of USD 1,655.6 million in 2023 and is expected to reach USD 2,334.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5% by 2030.
- In terms of segment, inactivated (killed) accounted for a revenue of USD 645.9 million in 2023.
- Other Vaccines (e.g. Recombinant, DNA, subunit, or toxoids) is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific 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 1,655.6 million |
| Market revenue in 2030 | USD 2,334.8 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Inactivated (killed) |
| Fastest growing segment | Other Vaccines (e.g. Recombinant, DNA, subunit, or toxoids) |
| 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 (e.g. Recombinant, DNA, subunit, or toxoids) |
Other key industry trends
- In terms of revenue, the North America accounted for 12.5% of the global swine vaccines market in 2023.
- By country, the China 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 146.3 million by 2030.
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Swine Vaccines Market Scope
Swine Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global swine 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 swine vaccines market will help companies and investors design strategic landscapes.
Inactivated (killed) was the largest segment with a revenue share of 39.01% in 2023. Horizon Databook has segmented the Global swine vaccines market based on modified/ attenuated live, inactivated (killed), other vaccines (e.g. recombinant, dna, subunit, or toxoids) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Swine 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 Swine 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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Target buyers of Global swine vaccines market databook
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Our clientele includes a mix of swine vaccines 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 global-level data and insights on the Global swine vaccines market , including forecasts for subscribers. This global databook contains high-level insights into Global swine vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global swine vaccines market size, by region, 2018-2030 (US$M)
Top 10 countries: Swine vaccines market size, 2023 (US$M)
Global swine vaccines market share, by vaccine type, 2023 & 2030 (%, US$M)
Swine vaccines market: Opportunity assessment by country
Global swine vaccines market, by region, 2023 (US$M)
| Vaccine Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 93.0 | 90.6 | 95.2 | 98.8 | 103.1 | 108.0 | 113.1 | 118.7 | 124.5 | 131.1 | 138.4 | 146.2 | 154.8 | 5.3% |
| Europe | 416.7 | 404.2 | 422.3 | 436.1 | 453.1 | 471.4 | 491.3 | 512.8 | 536.2 | 561.5 | 589.2 | 619.4 | 652.4 | 4.7% |
| North America | 182.5 | 177.1 | 185.2 | 191.4 | 198.9 | 207.1 | 216.1 | 225.7 | 236.1 | 247.6 | 260.0 | 273.3 | 288.1 | 4.9% |
| MEA | 68.0 | 65.3 | 67.6 | 69.0 | 71.0 | 73.0 | 75.3 | 77.7 | 80.3 | 83.2 | 86.3 | 89.8 | 93.5 | 3.5% |
| Asia Pacific | 684.1 | 667.4 | 701.2 | 728.3 | 760.8 | 796.1 | 834.2 | 875.7 | 920.7 | 969.7 | 1,023.3 | 1,081.8 | 1,145.9 | 5.4% |
| Overall | 1,444.3 | 1,404.6 | 1,471.5 | 1,523.6 | 1,586.9 | 1,655.6 | 1,730.0 | 1,810.6 | 1,897.8 | 1,993.1 | 2,097.1 | 2,210.5 | 2,334.8 | 5.0% |
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