Middle East & Africa Swine Vaccines Market Size & Outlook
Middle East & Africa swine vaccines market, 2018-2030 (US$M)
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MEA swine vaccines market highlights
- The MEA swine vaccines market generated a revenue of USD 73.0 million in 2023.
- The market is expected to grow at a CAGR of 3.6% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 73.0 million |
| Market revenue in 2030 | USD 93.5 million |
| Growth rate | 3.6% (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) |
| 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, MEA region accounted for 4.4% of the global swine vaccines market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,145.9 million by 2030.
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Swine Vaccines Market Scope
Swine Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 37.95% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
In 2021, the Middle East and Africa collectively held a market share of about 4.53%. Saudi Arabia and South Africa are included in the region. The market is growing due to rising disease prevalence, increasing importance of pig production in African nations, and growing R&D spending for new vaccines.
The agriculture industry continues to contribute a sizeable portion of GDP to the majority of African nations. Pig production can increase real per capita income. It is a key source of revenue in many parts of Africa, especially in rural communities, and is increasingly considered a source of income generation.
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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 continent-level data and insights on the Middle East & Africa swine vaccines market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa swine vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA swine vaccines market size, by country, 2018-2030 (US$M)
Middle East & Africa Swine Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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