Market revenue in 2022 | USD 569.4 million |
Market revenue in 2030 | USD 1,172.7 million |
Growth rate | 9.5% (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 37.57% in 2022. Horizon Databook has segmented the UK 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.
According to People's Dispensary for Sick Animals (PDSA), in 2020, 51% adults in the UK own a pet. There are approximately 10.9 million pet cats and 1 million pet rabbits in the country. In 2019, the dog population was 9.9 million, which reached about 10.1 million in 2020. Thus, growing adoption of pets in the country is a major factor boosting the product demand.
Farming is a large sector in the country. Pastoral farming is a big part of the sector. It involves breeding of several types of livestock for eggs, milk, wool, and meat. The largest pastoral farming practice in the country aims at breeding and raising cattle, sheep, and pigs.
Hence, unprecedented times such as coronavirus outbreak has highlighted the importance of vaccination programs to gain protection from a wide range of infectious diseases, which is expected to boost the demand for vaccines.
Horizon Databook provides a detailed overview of country-level data and insights on the UK animal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into UK animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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