Aquaculture Vaccines Market (By Product: Attenuated Live Vaccines, Inactivated Vaccines, Subunit Vaccines, DNA Vaccines, Recombinant Vaccines; By Route Of Administration: Oral, Injected, Immersion & Spray; By Application: Bacterial, Viral, Parasitic) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
The global aquaculture vaccines market size is expected to be worth around US$ 706.2 million by 2030, according to a new report by Vision Research Reports.
The global aquaculture vaccines market size was valued at US$ 352.4 million in 2020 and is anticipated to grow at a CAGR of 13.4% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 7.06.2 Mn by 2030 |
| Growth Rate | CAGR of 13.4% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, Route of administration, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Zoetis; Phibro Animal Health Corporation; Elanco; Merck & Co., Inc.; KBNP; CAVAC; Kyoto Biken Laboratories, Inc.; Nisseiken Co., Ltd.; Vaxxinova International BV; HIPRA |
Growth Factors
The growing demand for aquatic animal-derived food products, such as oil, caviar, protein powders, and meat, is encouraging farmers to use vaccinations for to gain higher profitability. Due to the rising urbanization, consumers are becoming more aware of the nutritious value of animal protein. The demand for healthy, sustainable, aquaculture vaccines and high-quality meat products that have fewer or no drugs is also increasing rapidly. Thus, the need for healthy breeding of aquatic animals is increasing, which is expected to fuel the demand for aquaculture vaccines, thereby boosting the market growth.
Key Players
Market Segmentation
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