Global Influenza Vaccine Market Size & Outlook, 2024-2030

The global influenza vaccine market size was estimated at USD 7,907.0 million in 2023 and is projected to reach USD 12,580.8 million by 2030, growing at a CAGR of 7% from 2024 to 2030.
Revenue, 2023 (US$M)
$7,907.0
Forecast, 2030 (US$M)
$12,580.8
CAGR, 2024 - 2030
7%
Report Coverage
Worldwide

Global influenza vaccine market, 2018-2030 (US$M)

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Global influenza vaccine market highlights

  • The global influenza vaccine market generated a revenue of USD 7,907.0 million in 2023 and is expected to reach USD 12,580.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7% by 2030.
  • In terms of segment, inactivated accounted for a revenue of USD 7,721.3 million in 2023.
  • Inactivated is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 7,907.0 million
Market revenue in 2030USD 12,580.8 million
Growth rate7% (CAGR from 2024 to 2030)
Largest segmentInactivated
Fastest growing segmentInactivated
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInactivated, Live Attenuated

Other key industry trends

  • In terms of revenue, the North America accounted for 53.1% of the global influenza vaccine market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 477.8 million by 2030.

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Influenza Vaccine Market Companies

Name Profile # Employees HQ Website
Emergex Vaccines View profile 11-50 Abingdon, Oxfordshire, United Kingdom, Europe https://emergexvaccines.com/
Osivax View profile 11-50 Lyon, Rhone-Alpes, France, Europe http://www.osivax.com/
Vaxess Technologies View profile 51-100 Cambridge, Massachusetts, United States, North America http://www.vaxess.com
Emergent BioSolutions Inc View profile 1600 300 Professional Drive, Gaithersburg, MD, United States, 20879 https://www.emergentbiosolutions.com
CSL Ltd View profile 32000 655 Elizabeth Street, Melbourne, VIC, Australia, 3000 https://www.csl.com
Sinovac Biotech Ltd View profile 3261 No.39, Shangdi Xi Road, Haidan District, Beijing, China, People's Republic of, 100085 http://www.sinovac.com
Viatris Inc View profile 38000 1000 Mylan Boulevard, Canonsburg, PA, United States, 15317 https://www.viatris.com
AstraZeneca PLC View profile 89900 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA https://www.astrazeneca.com
GSK PLC View profile 70200 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS https://www.gsk.com
Merck & Co Inc View profile 72000 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 https://www.merck.com
Pfizer Inc View profile 88000 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 https://www.pfizer.com

Global influenza vaccine 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 influenza vaccine market will help companies and investors design strategic landscapes.


Inactivated was the largest segment with a revenue share of 97.65% in 2023. Horizon Databook has segmented the Global influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Influenza Vaccine Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
    • Inactivated
    • Live Attenuated
  • Global Influenza Vaccine Indication Outlook (Revenue, USD Million, 2018-2030)
    • Quadrivalent
    • Trivalent
  • Global Influenza Vaccine Age Group Outlook (Revenue, USD Million, 2018-2030)
    • Pediatric
    • Adult
  • Global Influenza Vaccine Route of Administration Outlook (Revenue, USD Million, 2018-2030)
    • Injection
    • Nasal Spray
  • Global Influenza Vaccine Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Pharmacy
    • Government & Institutional supply
    • Other Distribution Channels

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Target buyers of Global influenza vaccine market databook

  • Our clientele includes a mix of influenza vaccine market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 global-level data and insights on the Global influenza vaccine market , including forecasts for subscribers. This global databook contains high-level insights into Global influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global influenza vaccine market size, by regions, 2018-2030 (US$M)

Top 10 countries: Influenza vaccine market size, 2023 (US$M)

Global influenza vaccine market share, by vaccine type, 2023 & 2030 (%, US$M)

Influenza vaccine market: Opportunity assessment by country

Global influenza vaccine market, by region, 2023 (US$M)

Global influenza vaccine market size, by regions, 2018-2030 (US$M)

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