Commercial Aquaculture Vaccine Market to Expand US$ 584.3 Million by 2034 at a 6.7% CAGR | Fact.MR Report

As per the recent market analysis by experienced analysts at Fact.MR, the size of the global commercial aquaculture vaccine market has been estimated at US$ 305.2 million in 2024 and is expected to grow at a CAGR of 6.7% and reach a value of US$ 584.3 million by the end of 2034.

Commercial aquaculture vaccines are designed to cover particular pathogens which are frequently involved in affecting aquaculture stocks of aquatic organisms. The pathogens are bacteria, viruses, and parasites which result in diseases harming the health and productivity of aquaculture stocks.

Vaccines can vary among different aquaculture species, like fish (salmon, tilapia), shrimp, and mollusks. Individual species may necessitate specific formulations of vaccines. Manufacturers aim at producing vaccines as per the unique immunological requirements of a given species.

Demand for salmon vaccines is predicted to rise to a market value of US$ 218.6 million by the end of 2034. Trout vaccine sales are expected to grow at a CAGR of 7.2% until 2034.

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Key Takeaways from Market Study:

Global commercial aquaculture vaccine market to grow from US$ 305.2 million in 2024 to US$ 584.3 million by 2034 at 6.7% CAGR.
South Korea market value expected to reach US$ 7 million by 2034.
Subunit commercial aquaculture vaccine demand to rise at 8.4% CAGR from 2024 to 2034.

Leading Players Driving Innovation in the Commercial Aquaculture Vaccine Market:

Hipra; Ceva Sante Animale; Vaxxinova; Zoetis Inc. (PharmaQ); Merck Animal Health; Elanco Animal Health; AquaBounty Technologies; Benchmark Holdings plc; Tecnovax SA; Bluestar Adisseo Co.; Genentech Biotechnology; Hendrix Genetics BV; Nisseiken Co. Ltd.; Europharma AS; Fish Vet Group; Novartis Animal Health; Intervet Inc.; Provaxs Biotek Inc.; Vaki Aquaculture Systems Ltd.

Which Commercial Aquaculture Vaccine Market Trends Will Be Advantageous for Major Producers?

The business aquaculture pharmaceutical market is in a phase of revolution with continuous research and development work focusing on the efficacy and usability of vaccines. The dedication to innovation is imperative for the prevention of changing disease challenges and the upkeep of aquatic organism health in high-volume aquaculture production.

Adjuvants are instrumental in vaccine compositions by improving the immune response of the body towards the intended pathogen. Recent research activities involve the discovery and development of better adjuvants designed particularly for aquatic organisms. Adjuvants increase the immune response and add to the efficiency of the vaccine overall.

Diversity of aquatic fauna raised in commercial aquaculture requires species-specific vaccine preparations. Current R&D activities focus on the development of vaccines specifically tailored to the distinctive immunological profiles of various fish, shrimp, and mollusk species. This strategy allows for the use of vaccines to maximize protection against distinct pathogens that impact each species.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global commercial aquaculture vaccine market, presenting historical market data (2019-2023) and forecast statistics for the period of 2024-2034.

The Commercial Aquaculture Vaccine Market is segmented based on vaccine type, pathogen, species, route of administration, end user, and region. By vaccine type, the market includes inactivated, attenuated, subunit, and DNA vaccines. Based on pathogen, vaccines target bacterial and viral infections in aquaculture. The species segment covers salmon, tilapia, trout, sea bass, carp, turbot, bream, and others.

In terms of route of administration, vaccines are delivered through intraperitoneal, intramuscular, immersion, and oral methods. The end users of commercial aquaculture vaccines include fish farming companies, fish veterinary clinics, and aquatic research institutes. Geographically, the market is divided into North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa, reflecting the widespread adoption of aquaculture vaccines globally.

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