PUBLISHER: Verified Market Research | PRODUCT CODE: 1736516
PUBLISHER: Verified Market Research | PRODUCT CODE: 1736516
Anthrax Vaccines Market size was valued at USD 13.17 Billion in 2024 and is projected to reach USD 29.27 Billion by 2032, growing at a CAGR of 5.59 % during the forecast period 2026-2032.
Because of the rising prevalence of the disease, the global market for anthrax vaccinations is rapidly growing. The market for anthrax vaccinations is driven by the increased consumption of undercooked or raw meat from diseased animals. Increased industrial or manufacturing processing of contaminated commodities like skins and hair wool will also help to grow the market. The Global Anthrax Vaccines Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Anthrax Vaccines Market Definition
Anthrax is a dangerous infection caused by the bacteria Bacillus anthracis. There is a vaccination that can help avoid it. This vaccination, however, is not normally available to the general population. It is only indicated for persons who are at a high risk of contracting B. anthracis or who have already been exposed to it. Anthrax is a serious infectious disease caused by the spores of Bacillus anthracis, a gram-positive bacterium. The lungs, intestines, skin, and injectables are the four main routes of infection. Both humans and animals are susceptible to anthrax, particularly ruminants like cattle, sheep, goats, and horses. It is difficult to spread from one individual to another.
Anthrax symptoms and signs differ based on the type of infection. The symptoms of cutaneous anthrax, gastrointestinal anthrax, inhalation anthrax, and injectable anthrax differ. The most common signs and symptoms of gastrointestinal anthrax include nausea, abdominal pain, lack of appetite, vomiting, fever, bloody diarrhea, swelling neck, headache, and difficulty swallowing. Inhalation anthrax causes shortness of breath, blood in the cough, uncomfortable swallowing, minor chest discomfort, and nausea. The most common indications and symptoms of injectable anthrax are multiple organ failure, meningitis, and redness around the injection site.
Currently, the primary approaches in the diagnosis of anthrax available worldwide rely on the presence or absence of antibodies or toxins in a patient's blood sample. Furthermore, healthcare professionals advised using direct testing to diagnose the presence of Bacillus anthracis. Anthrax vaccinations are available in both cell-free and live forms. The main reason for anthrax immunization is the danger of infection through inhalation. An acellular vaccine (anthrax vaccine adsorbed or AVA), which contains anthrax toxin components and results in protective immunity after 3 to 6 doses, is used as a pre-exposure vaccine. Anthrax vaccine precipitated (AVP) is given in three doses at prime vaccination, with a booster dose 6 months later. A booster dose is required once every 12 months to elicit and sustain protective immunity.
Current anthrax vaccinations have a high level of local and overall reactogenicity (erythema, induration, soreness, fever). About 1% of immunizations have serious side effects. Recombinant live vaccines and recombinant sub-unit vaccines are the two new second-generation vaccines that are currently in development. Anthrax Vaccine Adsorbed (AVA) or BioThraxTM, the only licensed anthrax vaccine, is recommended for active vaccination for the prevention of disease caused by Bacillus anthracis in those aged 18 to 65 who are at a high risk of exposure. Emergent BioDefense Operations Lansing Inc. in Lansing, Michigan, has been licensed to manufacture the vaccine since 1970. Multiple companies are working on next-generation anthrax vaccinations.
Global Anthrax Vaccines Market Overview
Because of the rising occurrence of anthrax, the Anthrax Vaccines Market is fast growing. A major driver of the global market is the rise in popularity of eating raw and undercooked meat from infected animals. Furthermore, a large increase in the commercial and industrial processing of contaminated animal commodities such as hair wool, and hide boosted the market growth. Anthrax is most commonly seen in wild wildlife and livestock. The number of farms is growing as animal husbandry becomes more popular around the world. Working on farms puts people in close proximity to animals, putting them at risk of contracting anthrax. This element operates as the market's primary driving force.
The low percentage of voluntarily screening for anthrax disease, on the other hand, could be a major impediment to the Anthrax Vaccines Market. Furthermore, in places like Africa, a lack of understanding regarding anthrax diagnostic tests makes it difficult for companies to reach out directly to their clients, stifling market growth. Factors such as the rising prevalence of anthrax and the expanding consumption of undercooked or raw meat are mostly to blame for the market's expansion. It may be possible to avoid it in both animals and humans by improving diagnosis, surveillance, and outbreak response. The disease has a high prevalence rate, and the risk and severity of infection make it one of the top priorities for preventive healthcare organizations.
Anthrax has been found in animals as a result of infected meat. Although the consumption patterns in chicken, beef, and pork are substantially different, they all raise the risk of anthrax. As a result of the foregoing, the Anthrax Vaccines Market is likely to expand over the forecast period. Although the market is dominated by a few players and is likely to develop over the forecast period, factors such as a lack of awareness regarding diagnostic and screening tests and the anthrax vaccine's exorbitant cost may hinder market expansion.
The Global Anthrax Vaccines Market is segmented based on Product Type, Application, End-User, And Geography.
Based on the Product Type, the market is bifurcated into Cell-Free PA Vaccines and Live Cells. Cell-Free PA Vaccines are expected to hold the largest market share in the coming years.
Based on End-User, the market is bifurcated into Hospital Pharmacy, Retail pharmacy, and Others. Hospital pharmacies dominated the market. Hospitals serve as a key immunization venue, which explains why anthrax vaccine sales are so high there. Anthrax vaccines are, additionally, routinely administered to patients in hospitals.
The "Global Anthrax Vaccines Market" study report will provide a valuable insight with an emphasis on global market including some of the major players such as Zoetis Inc., Emergent Bio-Solutions, Merck & Co. Inc., Colorado Serum, PharmaAthene Inc., Vecol, Biogenesis Bago Inc., Porton Biopharma Inc., Merial, and Intervac.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.