South Africa Swine Vaccines Market Size & Outlook
South Africa swine vaccines market, 2018-2030 (US$M)
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South Africa swine vaccines market highlights
- The South Africa swine vaccines market generated a revenue of USD 17.0 million in 2023 and is expected to reach USD 22.9 million by 2030.
- The South Africa 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 17.0 million |
| Market revenue in 2030 | USD 22.9 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, South Africa accounted for 1.0% 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 Middle East & Africa, South Africa swine vaccines market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 22.9 million by 2030.
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Swine Vaccines Market Scope
Swine Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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South 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 37.65% in 2023. Horizon Databook has segmented the South 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.
The market for swine vaccines is growing as a result of rising pig marketing, improved pig herd health management, and increasing significance of pig production. Small-holder pig farmers, who are primarily located in rural areas with inadequate farm infrastructure and little biosecurity, dominate Africa’s pig farming sector.
For the benefit of all industry stakeholders, herd health management for pigs, like other livestock, includes all farm activities that promote health, increase production, and avoid animal diseases. Traditionally, the aim of herd health has been to reduce or eliminate illnesses and ineffective management practices that could have an adverse effect on swine welfare or productivity.
This is accomplished by implementing comprehensive husbandry management systems, which include breeding, biosecurity and environmental management, nutrition management, parasite control, vaccination, adequate risk monitoring, and assessment, along with the best farming practices in a way that is both realistic and financially viable.
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Target buyers of South Africa 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 country-level data and insights on the South Africa swine vaccines market , including forecasts for subscribers. This country databook contains high-level insights into South Africa swine vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa swine vaccines market size, by vaccine type, 2018-2030 (US$M)
South Africa Swine Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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