Market revenue in 2022 | USD 419.6 million |
Market revenue in 2030 | USD 888.0 million |
Growth rate | 9.8% (CAGR from 2022 to 2030) |
Largest segment | Attenuated live vaccines |
Fastest growing segment | DNA Vaccines |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, Recombinant Vaccines |
Key market players worldwide | Zoetis, Ceva Santé Animale, Merck & Co Inc, Vetoquinol SA, Boehringer Ingelheim, Elanco Animal Health Inc, Virbac SA, Veterinary Pharmaceutical Solutions, Dechra Pharmaceuticals, IDEXX Laboratories Inc, Norbrook |
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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 animal vaccines market will help companies and investors design strategic landscapes.
Attenuated live vaccines was the largest segment with a revenue share of 37.82% in 2022. Horizon Databook has segmented the Brazil animal vaccines market based on attenuated live vaccines, inactivated vaccines, subunit vaccines, dna vaccines, recombinant vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounted for highest revenue share of 34.6% in the region. This can mainly be attributed to high number of pet owners in the country. Brazil has the exclusive distinction of having the greatest variety of animals—more than any country across the globe.
The number of pet dogs is more than the number of children in the country. The consumption of feed in the country is very high as it is a center for meat production worldwide.
According to All tech global feed survey 2020, Brazil remained the leader in feed production in Latin America and ranked third worldwide. Hence, growing demand for meat is leading to increase in the demand for animal vaccines.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil animal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Brazil animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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