Germany Swine Vaccines Market Size & Outlook, 2023-2030
Germany swine vaccines market, 2018-2030 (US$M)
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Germany swine vaccines market highlights
- The Germany swine vaccines market generated a revenue of USD 109.2 million in 2023 and is expected to reach USD 146.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.3% 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 109.2 million |
| Market revenue in 2030 | USD 146.3 million |
| Growth rate | 4.3% (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, Germany accounted for 6.6% 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 Europe, Germany swine vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 7.9 million by 2030.
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Swine Vaccines Market Scope
Swine Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 37.82% in 2023. Horizon Databook has segmented the Germany 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.
Rising initiatives by the government, increasing risk of emerging zoonosis, and leading innovations in veterinary healthcare are some of the factors promoting the market growth. In February 2020, Vero vaccines GmbH, a German company, signed a cooperation agreement with an international veterinary pharmaceutical company.
This agreement seeks the joint development of a veterinary vaccine to protect animal health. The collaboration is expected to expand the vaccine product pipeline of Vero vaccines, thus supporting market growth in the country.
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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 country-level data and insights on the Germany swine vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Germany swine vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany swine vaccines market size, by vaccine type, 2018-2030 (US$M)
Germany Swine Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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