Spain Swine Vaccines Market Size & Outlook, 2023-2030
Spain swine vaccines market, 2018-2030 (US$M)
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Spain swine vaccines market highlights
- The Spain swine vaccines market generated a revenue of USD 96.4 million in 2023 and is expected to reach USD 130.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.4% 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 96.4 million |
| Market revenue in 2030 | USD 130.7 million |
| Growth rate | 4.4% (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, Spain accounted for 5.8% 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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Spain 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 39.94% in 2023. Horizon Databook has segmented the Spain 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.
Increasing initiatives being undertaken by the Spanish government and nongovernment organizations in the field of veterinary health, as well as increased awareness among farmers about animal health, are factors driving the animal health market in Spain.
The number of factory farms in Spain has almost doubled in the last 15 years. According to Spain's Ministry of Agriculture, Fisheries, and Food, 2,126 farms produce pigs for food. Pig farms in Spain are heavily industrialized. The law enables them to house up to 7,200 animals each year.
They can house up to 2,880 sows in breeding facilities, each of which may give birth to up to 27 piglets during the year. Furthermore, increasing pig population and presence of many pig farms that have been built in Spain are driving the market.
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Our clientele includes a mix of swine vaccines market companies, investment firms, advisory firms & academic institutions.
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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 Spain swine vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Spain swine vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain swine vaccines market size, by vaccine type, 2018-2030 (US$M)
Spain Swine Vaccines Market Outlook Share, 2023 & 2030 (US$M)
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