PUBLISHER: TechSci Research | PRODUCT CODE: 1878871
PUBLISHER: TechSci Research | PRODUCT CODE: 1878871
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The Global Animal Vaccine Market , valued at USD 7.68 Billion in 2024, is projected to experience a CAGR of 8.69% to reach USD 12.66 Billion by 2030. The global animal vaccine market comprises biological preparations designed to stimulate immunity against infectious diseases across various animal species, including livestock and companion animals. These vaccines are crucial for disease prevention, mortality reduction, and public health protection by controlling zoonotic transmission.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 7.68 Billion |
| Market Size 2030 | USD 12.66 Billion |
| CAGR 2025-2030 | 8.69% |
| Fastest Growing Segment | Livestock |
| Largest Market | North America |
Key Market Drivers
The global animal vaccine market is primarily influenced by the rising incidence of zoonotic diseases and the increasing global demand for animal-derived food products. Zoonotic diseases, transmissible between animals and humans, necessitate extensive animal vaccination to mitigate public health risks. For example, according to Forbes, in December 2024, a major mpox epidemic in the Democratic Republic of the Congo and neighboring countries recorded over 16,000 confirmed cases, prompting a public health emergency declaration from the World Health Organization. This underscores the critical role of veterinary vaccines in preventing disease transmission at the human-animal interface.
Key Market Challenges
The substantial cost associated with vaccine research, development, and stringent regulatory approval processes represents a significant impediment to the expansion of the Global Animal Vaccine Market. These extensive financial requirements elevate production expenses, directly impacting vaccine accessibility and affordability, particularly within developing economies where resources are often constrained. The prolonged timelines and complex regulatory pathways demand considerable capital investment, which restricts the number of new vaccines brought to market and limits the capacity for existing ones to be widely distributed at competitive prices.
Key Market Trends
The Global Animal Vaccine Market is significantly influenced by the rapid advancements in next-generation vaccine technologies. This trend encompasses the development of more sophisticated solutions such as recombinant, subunit, and mRNA-based vaccines, moving beyond traditional attenuated or inactivated forms. These innovative vaccines offer enhanced efficacy, improved safety profiles, and often enable faster development cycles and more targeted protection against specific pathogens. According to the World Health Organization's (WHO) 2024 Global Vaccine Market Report, in 2023, 88 vaccine products were sold across 207 countries by 116 manufacturers, underscoring the broad market where technological advancements are being applied.
In this report, the Global Animal Vaccine Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Animal Vaccine Market .
Global Animal Vaccine Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: