Japan Animal Vaccines Market Size & Outlook, 2022-2030
Japan animal vaccines market, 2018-2030 (US$M)
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Japan animal vaccines market highlights
- The Japan animal vaccines market generated a revenue of USD 504.5 million in 2022 and is expected to reach USD 1,211.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 11.6% 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 504.5 million |
| Market revenue in 2030 | USD 1,211.3 million |
| Growth rate | 11.6% (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, Japan accounted for 3.9% 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 Asia Pacific, China animal vaccines market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 520.1 million by 2030.
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Animal Vaccines Market Scope
Animal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 37.56% in 2022. Horizon Databook has segmented the Japan 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.
Increasing risk of zoonotic diseases is driving the Japan animal vaccine market growth. Availability of advanced technology leading to innovations in animal healthcare is further driving the market growth. For instance, in June 2019, Carus Animal Health, a wholly owned subsidiary of Kyoritsu Seiyaku (KS) Group, acquired Veterinary Insights.
This initiative will help enhance the company’s veterinary technologies and streamline veterinary processes. KS Group has a robust portfolio of pharmaceuticals and vaccines for aquaculture, livestock, and companion animals.
Rapidly aging population and increasing number of people living alone are factors contributing to the increasing adoption of pets. According to Japan Pet Food Association, in 2017, there were 9.52 pet cats and 8.92 million pet dogs in Japan.
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Our clientele includes a mix of animal vaccines market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan animal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Japan animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan animal vaccines market size, by product, 2018-2030 (US$M)
Japan Animal Vaccines Market Outlook Share, 2022 & 2030 (US$M)
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