Argentina Swine Vaccines Market Size & Outlook, 2023-2030
Argentina swine vaccines market, 2018-2030 (US$M)
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Argentina swine vaccines market highlights
- The Argentina swine vaccines market generated a revenue of USD 7.7 million in 2023 and is expected to reach USD 11.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, inactivated (killed) was the largest revenue generating vaccine type 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.
Swine vaccines market data book summary
| Market revenue in 2023 | USD 7.7 million |
| Market revenue in 2030 | USD 11.3 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Inactivated (killed) |
| Fastest growing segment | Other Vaccines (e.g. Recombinant, DNA, subunit, or toxoids) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Modified/ Attenuated Live, Inactivated (Killed), Other Vaccines (e.g. Recombinant, DNA, subunit, or toxoids) |
| Key market players worldwide | Merck & Co Inc, CEVA Inc, Zoetis, Boehringer Ingelheim, Elanco Animal Health Inc, Indian Immunologicals, Biogenesis Bago, Phibro Animal Health Corp Class A, Virbac SA |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global swine vaccines market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil swine vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 45.9 million by 2030.
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Swine Vaccines Market Scope
Swine Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 37.66% in 2023. Horizon Databook has segmented the Argentina 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.
The rising use of swine vaccines and launch of new products in Argentina are contributing to the market expansion. For example, HIPRA's innovative ERYSENG PARVO reproductive vaccine for swine, which offers excellent immunity against swine erysipelas and porcine parvovirus, has been launched in Argentina.
The SENG range of vaccines is now firmly established as the most advanced spectrum of vaccines for breeders with the introduction of ERYSENG PARVO in Argentina. Furthermore, growing prevalence of African swine fever across the country is boosting the demand for swine vaccines.
According to an article published by the European Food Agency, Senasa, the Argentine authority for health and food quality, declared a health alert across the country in 2021 due to African swine fever. This is the Buenos Aires government's response to the severe virus outbreak in the Dominican Republic and Haiti.
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Our clientele includes a mix of swine vaccines market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina swine vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Argentina swine vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina swine vaccines market size, by vaccine type, 2018-2030 (US$M)
Argentina Swine Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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