Germany Animal Vaccines Market Size & Outlook, 2022-2030
Germany animal vaccines market, 2018-2030 (US$M)
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Germany animal vaccines market highlights
- The Germany animal vaccines market generated a revenue of USD 521.9 million in 2022 and is expected to reach USD 1,131.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.2% from 2023 to 2030.
- In terms of segment, attenuated live vaccines was the largest revenue generating product in 2022.
- DNA Vaccines is the most lucrative product segment registering the fastest growth during the forecast period.
Animal vaccines market data book summary
| Market revenue in 2022 | USD 521.9 million |
| Market revenue in 2030 | USD 1,131.7 million |
| Growth rate | 10.2% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 4.1% of the global animal vaccines market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK animal vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,131.7 million by 2030.
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Animal Vaccines Market Scope
Animal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany animal 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 animal vaccines market will help companies and investors design strategic landscapes.
Attenuated live vaccines was the largest segment with a revenue share of 37.8% in 2022. Horizon Databook has segmented the Germany 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.
Germany animal vaccine market is expected to grow at a CAGR of 8.0% due to rising disposable income, which increases interest in farm and companion animals. According to Industry Association of Pet Care Producers and ZZF (German Pet Trade & Industry Association), the number of pets in the country increased substantially in 2017.
The population of small animals was 5.2 million and that of pet bird population was 4 million in 2019. Increasing demand for high-quality fish and seafood in the country is further supporting the market growth.
In response to growing incidence of zoonotic diseases, the German government made vaccination mandatory for farm animals. Rising initiatives by the government, increasing risk of emerging zoonosis, and leading innovations in veterinary healthcare are among factors promoting the market growth.
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Our clientele includes a mix of animal 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 Germany animal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Germany animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany animal vaccines market size, by product, 2018-2030 (US$M)
Germany Animal Vaccines Market Outlook Share, 2022 & 2030 (US$M)
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