Brazil Influenza Vaccine Market Size & Outlook, 2024-2030
The influenza vaccine market in Brazil is expected to reach a projected revenue of US$ 147.4 million by 2030. A compound annual growth rate of 7.3% is expected of Brazil influenza vaccine market from 2024 to 2030.
In terms of revenue, Brazil accounted for 1.1% of the global influenza vaccine market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil influenza vaccine market is projected to lead the regional market in terms of revenue in 2030.
Argentina is the fastest growing regional market in Latin America and is projected to reach USD 43.5 million by 2030.
In LATAM, Brazil has the largest population. Thus, the influenza incidence in the country is high, which leads to an increased demand for vaccines. According to the WHO, since 2020, Brazil reported high numbers of influenza A infections. This rising prevalence is pushing vaccine manufacturers to investigate potential candidates for managing the condition.
For instance, in May 2022, Blue Water Vaccines, Inc. collaborated with Instituto Butan tan for the development of BMV-101, a universal influenza vaccine candidate. Through this collaboration, the company will improve vaccine-based adjuvant formulations and novel cell culture-based vaccine formulations.
In addition, supportive government initiatives to promote vaccine supply and uptake in the country are also expected to fuel the market. For instance, in July 2022, Emergex Vaccines Holding Limited announced a partnership with Molecular Biology Institute of Paraná (IBMP) in Brazil.
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 Outlook will help companies and investors design strategic landscapes.
Inactivated was the largest segment with a revenue share of 98.9% in 2023.
Horizon Databook has segmented the Brazil influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
In LATAM, Brazil has the largest population. Thus, the influenza incidence in the country is high, which leads to an increased demand for vaccines. According to the WHO, since 2020, Brazil reported high numbers of influenza A infections. This rising prevalence is pushing vaccine manufacturers to investigate potential candidates for managing the condition.
For instance, in May 2022, Blue Water Vaccines, Inc. collaborated with Instituto Butan tan for the development of BMV-101, a universal influenza vaccine candidate. Through this collaboration, the company will improve vaccine-based adjuvant formulations and novel cell culture-based vaccine formulations.
In addition, supportive government initiatives to promote vaccine supply and uptake in the country are also expected to fuel the market. For instance, in July 2022, Emergex Vaccines Holding Limited announced a partnership with Molecular Biology Institute of Paraná (IBMP) in Brazil.
Brazil Influenza Vaccine Market Vaccine Type Outlook (Revenue, USD Million , 2018-2030)
Inactivated
Live Attenuated
Brazil Influenza Vaccine Market Indication Outlook (Revenue, USD Million , 2018-2030)
Quadrivalent
Trivalent
Brazil Influenza Vaccine Market Age Group Outlook (Revenue, USD Million , 2018-2030)
Pediatric
Adult
Brazil Influenza Vaccine Market Route of Administration Outlook (Revenue, USD Million , 2018-2030)
Injection
Nasal Spray
Brazil Influenza Vaccine Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Hospitals & Pharmacy
Government & Institutional supply
Other Distribution Channels
Reasons to subscribe to Influenza Vaccine Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Influenza Vaccine Market Outlook databook
Our clientele includes a mix of Influenza Vaccine Market Outlook 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 country-level data and insights on the Brazil Influenza Vaccine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Influenza Vaccine Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.