The Swine Vaccines Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In accordance with The Business Research Company’s Swine Vaccines Global Market Report 2024, the swine vaccines market has experienced robust growth in recent years, expanding from $2.01 billion in 2024 to a projected $2.2 billion in 2024, reflecting a noteworthy compound annual growth rate (CAGR) of 9.6%. This remarkable progression during the historical period is ascribed to factors such as disease outbreaks, economic repercussions, governmental regulations, and escalated swine production.
Forecasts indicate a continued upward trajectory for the swine vaccines market, foreseeing a substantial expansion to $3.17 billion by 2028, boasting a CAGR of 9.5%. This growth is anticipated due to the emergence of diseases and viral strains, the globalization of the swine industry, climate and environmental shifts, heightened biosecurity measures, and intensified market competition. Key trends in the forecast period encompass veterinary advancements, evolving disease patterns, global protein demand, technological innovations, and a discernible shift towards preventive healthcare strategies.
The rising prevalence of diseases in swine is expected to propel the swine vaccine market. Swine disease is any divergence from an organism’s normal structural or functional condition accompanied by a few signs and symptoms of diseases such as pseudorabies, influenza. The demand for swine vaccines is increasing due to the rising prevalence of diseases in swine and the need to protect pigs from infectious diseases. For instance, in August 2022, according to the report by the World Organization for Animal Health (WAHIS), a global database of animal health, more than 1,125,000 pigs and 36,000 wild boars have been affected by African Swine Fever (ASF) since January 2020 (data reported through INs and FURs), resulting in more than 1,960,000 animal losses. Therefore, the rising prevalence of diseases in swine is expected to drive the growth of the market.
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The swine vaccines market covered in this report is segmented –
1) By Product: Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA (Deoxyribonucleic Acid) Vaccines, Recombinant Vaccines
2) By Disease: Viral Infections, Bacterial Infections, Parasitic Infection, Fungal Infections, Other Diseases
3) By Distribution Channel: Veterinary Hospitals, Veterinary Pharmacies, Online Pharmacies
4) By Application: Government Tender, Market Sales
Top 5 Major Players:
- Merck & Co Inc
- Boehringer Ingelheim Animal Health USA Inc
- Elanco Animal Health Inc
- Biogenesis Bago SA
- Phibro Animal Health Corporation
A pivotal trend gaining momentum in the swine vaccine market is technological advancement. Leading industry players are channeling their efforts into developing cutting-edge technologies, exemplified by Boehringer Ingelheim, a Germany-based pharmaceutical powerhouse. In May 2022, the company introduced the revolutionary TwistPak technology, a groundbreaking platform designed to simultaneously administer two vaccines—IngelvacCircoFLEX and IngelvacMycoFLEX—aimed at enhancing swine health. TwistPak not only streamlines the mixing process but also offers flexibility, allowing products to be used either as a combined vaccine or as monovalent. Manufactured with advanced technologies and ergonomic design, TwistPak exemplifies the industry’s commitment to innovative solutions and sustainable practices.
The swine vaccines market report table of contents includes:
1. Executive Summary
2. Swine Vaccines Market Characteristics
3. Swine Vaccines Market Trends And Strategies
4. Swine Vaccines Market – Macro Economic Scenario
5. Global Swine Vaccines Market Size and Growth
….
31. Global Swine Vaccines Market Competitive Benchmarking
32. Global Swine Vaccines Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Swine Vaccines Market
34. Swine Vaccines Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Swine Vaccines Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Swine Vaccines Market, Segmentation By Disease, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Swine Vaccines Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 75: Merck & Co Inc. Financial Performance
Table 76: Boehringer Ingelheim Animal Health USA Inc. Financial Performance
Table 77: Elanco Animal Health Inc. Financial Performance
Table 78: Biogenesis Bago SA Financial Performance
Table 79: Phibro Animal Health Corporation Financial Performance
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