Canada Swine Vaccines Market Size & Outlook, 2023-2030
Canada swine vaccines market, 2018-2030 (US$M)
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Canada swine vaccines market highlights
- The Canada swine vaccines market generated a revenue of USD 20.9 million in 2023 and is expected to reach USD 29.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 5% 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 20.9 million |
| Market revenue in 2030 | USD 29.4 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 | 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, Canada accounted for 1.3% 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 North America, U.S. swine vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 29.4 million by 2030.
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Swine Vaccines Market Scope
Swine Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 37.8% in 2023. Horizon Databook has segmented the Canada 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.
Growing investments by the government and manufacturers, as well as increased awareness about animal vaccination, are contributing to market growth in Canada. This investment will attempt to lower the risk of African swine fever introduction and spread in Canada.
Moreover, the Canadian government is contributing up to USD 23.4 million to support the pork industry's preventative & mitigation activities and maintain high awareness of the risk of African swine fever. Furthermore, rising per capita expenditure and increasing pork consumption in Canada are expected to fuel market growth.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada swine vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Canada swine vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada swine vaccines market size, by vaccine type, 2018-2030 (US$M)
Canada Swine Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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