Mexico - Latin America Influenza Vaccine Market Size & Outlook
- Pharmaceuticals
- Vaccines
- Influenza Vaccine Market Outlook
- Vaccines
Global Market
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Mexico influenza vaccine market highlights
- The Mexico influenza vaccine market generated a revenue of USD 50.9 million in 2023 and is expected to reach USD 85.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, inactivated was the largest revenue generating vaccine type in 2023.
- Inactivated is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
Influenza vaccine market data book summary
| Market revenue in 2023 | USD 50.9 million |
| Market revenue in 2030 | USD 85.4 million |
| Growth rate | 7.8% (CAGR from 2024 to 2030) |
| Largest segment | Inactivated |
| Fastest growing segment | Inactivated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inactivated, Live Attenuated |
| Key market players worldwide | GSK PLC, Pfizer Inc, Merck & Co Inc, Viatris Inc, AstraZeneca PLC, Sinovac Biotech Ltd, CSL Ltd, Emergent BioSolutions Inc, Vaxess Technologies, Osivax, Emergex Vaccines |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.6% 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.
Mexico has a high rate of infectious diseases coupled with the growth of the country's biotechnology & biopharmaceutical industries, owing to the increasing number of startups and rising investments. These factors are expected to contribute to the market growth.
Some of the key players in Mexico are Pfizer, Inc., GSK plc, Sanofi, and others. In addition, several government initiatives to promote influenza vaccine uptake are also expected to push the market forward.
For instance, in September 2022, the government of Mexico initiated influenza vaccination campaign to manage the flu burden of the country. Moreover, in November 2022, Mexico initiated vaccination in birds to combat the spread of contagious H5N1 strain of bird flu in the country.
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Publish Date: Dec 15, 2025
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Influenza Vaccine Market Scope
Influenza Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pfizer Inc | View profile | 88,000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | www.pfizer.com |
| Merck & Co Inc | View profile | 72,000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | www.merck.com |
| GSK PLC | View profile | 70,200 | 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS | www.gsk.com |
| AstraZeneca PLC | View profile | 89,900 | 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA | www.astrazeneca.com |
| Viatris Inc | View profile | 38,000 | 1000 Mylan Boulevard, Canonsburg, PA, United States, 15317 | www.viatris.com |
| Sinovac Biotech Ltd | View profile | 3,261 | No.39, Shangdi Xi Road, Haidan District, Beijing, China, People's Republic of, 100085 | www.sinovac.com |
| CSL Ltd | View profile | 32,000 | 655 Elizabeth Street, Melbourne, VIC, Australia, 3000 | www.csl.com |
| Emergent BioSolutions Inc | View profile | 1,600 | 300 Professional Drive, Gaithersburg, MD, United States, 20879 | www.emergentbiosolutions.com |
| Vaxess Technologies | View profile | 51-100 | Cambridge, Massachusetts, United States, North America | www.vaxess.com |
| Osivax | View profile | 11-50 | Lyon, Rhone-Alpes, France, Europe | www.osivax.com/ |
Mexico - Latin America 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 Outlook will help companies and investors design strategic landscapes.
Inactivated was the largest segment with a revenue share of 99.21% in 2023.
Horizon Databook has segmented the Mexico - Latin America influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico has a high rate of infectious diseases coupled with the growth of the country's biotechnology & biopharmaceutical industries, owing to the increasing number of startups and rising investments. These factors are expected to contribute to the market growth.
Some of the key players in Mexico are Pfizer, Inc., GSK plc, Sanofi, and others. In addition, several government initiatives to promote influenza vaccine uptake are also expected to push the market forward.
For instance, in September 2022, the government of Mexico initiated influenza vaccination campaign to manage the flu burden of the country. Moreover, in November 2022, Mexico initiated vaccination in birds to combat the spread of contagious H5N1 strain of bird flu in the country.
- Mexico - Latin America Influenza Vaccine Market Vaccine Type Outlook (Revenue, USD Million , 2018-2030)
- Inactivated
- Live Attenuated
- Mexico - Latin America Influenza Vaccine Market Indication Outlook (Revenue, USD Million , 2018-2030)
- Quadrivalent
- Trivalent
- Mexico - Latin America Influenza Vaccine Market Age Group Outlook (Revenue, USD Million , 2018-2030)
- Pediatric
- Adult
- Mexico - Latin America Influenza Vaccine Market Route of Administration Outlook (Revenue, USD Million , 2018-2030)
- Injection
- Nasal Spray
- Mexico - Latin America Influenza Vaccine Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Hospitals & Pharmacy
- Government & Institutional supply
- Other Distribution Channels
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - Latin America Influenza Vaccine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Influenza Vaccine Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Influenza Vaccine Market, 2018-2030 (US$M)
Mexico influenza vaccine market statistics, by vaccine type, 2018-2030 (US$M)
