North America Animal Vaccines Market Size & Outlook
North America animal vaccines market, 2018-2030 (US$M)
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North America animal vaccines market highlights
- The North America animal vaccines market generated a revenue of USD 3,781.0 million in 2022.
- The market is expected to grow at a CAGR of 8.3% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 3,781.0 million |
| Market revenue in 2030 | USD 7,179.2 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Attenuated live vaccines |
| Fastest growing segment | DNA Vaccines |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 29.5% of the global animal vaccines market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,412.0 million by 2030.
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Animal Vaccines Market Scope
Animal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 37.62% in 2022. Horizon Databook has segmented the North America 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.
North America dominated the global animal vaccines market in 2020 and is expected to maintain its dominance over the forecast period. Rising incidence of canine disorders is boosting the adoption of vaccination for the same, which is contributing to the market growth in the region.
Poultry is the most common type of meat consumed by Americans, thus the demand for poultry meat is high in the region. Various factors such as growing disease outbreaks in poultry, for example, bird flu, and rising product demand derived from poultry are expected to have a positive impact on the market growth.
Moreover, increase in the demand for high-value animal protein along with improved knowledge on the subject of safety of milk & meat products and increased industrial livestock production are contributing to animal vaccines 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 continent-level data and insights on the North America animal vaccines market , including forecasts for subscribers. This continent databook contains high-level insights into North America animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America animal vaccines market size, by country, 2018-2030 (US$M)
North America Animal Vaccines Market Outlook Share, 2022 & 2030 (US$M)
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