Latin America Companion Animal Vaccines Market Size & Outlook
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Latin America companion animal vaccines market highlights
- The Latin America companion animal vaccines market generated a revenue of USD 588.7 million in 2024.
- The market is expected to grow at a CAGR of 8.6% from 2025 to 2030.
- In terms of segment, attenuated live vaccines was the largest revenue generating product in 2024.
- Recombinant Vaccines is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 588.7 million |
| Market revenue in 2030 | USD 956.5 million |
| Growth rate | 8.6% (CAGR from 2025 to 2030) |
| Largest segment | Attenuated live vaccines |
| Fastest growing segment | Recombinant Vaccines |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, Recombinant Vaccines |
Other key industry trends
- In terms of revenue, Latin America region accounted for 14.9% of the global companion animal vaccines market in 2024.
- 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 1,540.0 million by 2030.
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Companion Animal Vaccines Market Scope
Companion Animal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Calier | View profile | 101-250 | Barcelona, Catalonia, Spain, Europe | https://www.calier.com/espana/es-es |
| Bimeda | View profile | 1001-5000 | Dublin, Dublin, Ireland, Europe | https://www.bimeda.com/ |
| Phibro Animal Health Corp Class A | View profile | 1920 | 300 Frank W. Burr Boulevard, Suite 21, 3rd Floor, Glenpointe Centre East, Teaneck, NJ, United States, 07666-6712 | https://www.pahc.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| Neogen Corp | View profile | 2640 | 620 Lesher Place, Lansing, MI, United States, 48912 | https://www.neogen.com |
| Elanco Animal Health Inc | View profile | 9800 | 2500 Innovation Way, Greenfield, IN, United States, 46140 | https://www.elanco.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| CEVA Inc | View profile | 424 | 15245 Shady Grove Road, Suite 400, Rockville, MD, United States, 20850 | https://www.ceva-dsp.com |
| Virbac SA | View profile | 5400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | https://www.virbac.com |
| Zoetis Inc Class A | View profile | 14100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.zoetis.com |
Latin America companion 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 companion animal vaccines market will help companies and investors design strategic landscapes.
Attenuated live vaccines was the largest segment with a revenue share of 40.46% in 2024. Horizon Databook has segmented the Latin America companion 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.
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Target buyers of Latin America companion animal vaccines market databook
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Our clientele includes a mix of companion animal vaccines market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America companion animal vaccines market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America companion animal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America companion animal vaccines market size, by country, 2018-2030 (US$M)
Latin America Companion Animal Vaccines Market Outlook Share, 2024 & 2030 (US$M)
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