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Rising Prevalence Of Swine Diseases Fuels Growth In Swine Vaccine Market: Critical Driver Shaping the Swine Vaccines Market in 2025
Swine Vaccines
Swine Vaccines Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for swine vaccines has seen robust growth in the past few years. The market size is set to increase from $2.18 billion in 2024 to $2.38 billion in 2025, representing a compound annual growth rate (CAGR) of 8.9%. The previous growth witnessed in this market is due to factors such as disease outbreaks, economic losses, governmental regulations, and a rise in swine production.
Swine Vaccines Market Size Forecast: What's the Projected Valuation by 2029?
In the forthcoming years, the market size for swine vaccines is predicted to witness robust growth, expanding to reach $3.44 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The expected growth during the forecast period can be linked to the emergence of new diseases and viral strains, the global expansion of the swine industry, changes in climate and environment, biosecurity practices, and market competition. Key trends during the forecast period are advancements in veterinary science, changing disease patterns, worldwide demand for protein, technological progress, and a focus on preventative healthcare.
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What Are the Drivers Transforming the Swine Vaccines Market?
The increasing incidence of diseases in pigs is projected to boost the swine vaccine market in the future. Pig diseases, characterized by any abnormality in a creature's regular structural or functional state, are often accompanied by various signs and symptoms, like pseudorabies and influenza. Swine vaccines effectively combat this rising disease prevalence by igniting the immune response to identify and react to specific pathogens, thereby lowering infection rates, minimizing the severity of the disease, and enhancing the overall health of the herd. For example, the Swine Health Information Center, a US-based organization, reported a worrying uptick in African Swine Fever (ASF) cases among wild boars in Poland in December 2023. By early 2023, the country has witnessed 2,347 confirmed ASF cases in wild boars, surpassing the total from the previous year. Hence, the escalating incidence of pig diseases is likely to stimulate the swine vaccine market's expansion.
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What Long-Term Trends Will Define the Future of the Swine Vaccines Market?
The surge in technological innovations is a crucial trend gaining traction in the swine vaccine market. Leading players are now focusing their strategies on developing inventive solutions to administer two vaccines simultaneously, to improve swine health - a critical measure to uphold their standing in the swine vaccine market. To illustrate, Boehringer Ingelheim, a Pharmaceuticals firm based in Germany, unveiled the TwistPak technology in May 2022. TwistPak is an innovative platform designed for combining two vaccines, IngelvacCircoFLEX and IngelvacMycoFLEX, for utilization by swine farmers. Offering a streamlined mixing process, the TwistPak solution provides a time-efficient and hassle-free platform. Additionally, it preserves the versatility of using the products either as a combined vaccine or a monovalent one - all manufactured via cutting-edge techniques and ergonomic design.
Which Segments in the Swine Vaccines Market Offer the Most Profit Potential?
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
Subsegments:
1) By Attenuated Live Vaccines: Live Attenuated Virus Vaccines, Live Attenuated Bacterial Vaccines
2) By Inactivated Vaccines: Whole Inactivated Virus Vaccines, Inactivated Bacterial Vaccines
3) By Subunit Vaccines: Protein Subunit Vaccines, Polysaccharide Subunit Vaccines
4) By DNA (Deoxyribonucleic Acid) Vaccines: Plasmid DNA Vaccines, Nucleic Acid Vaccines
5) By Recombinant Vaccines: Recombinant Vector Vaccines, Recombinant Protein Vaccines
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Which Firms Dominate the Swine Vaccines Market by Market Share and Revenue in 2025?
Major companies operating in the swine vaccines market are Merck & Co Inc., Boehringer Ingelheim Animal Health USA Inc., Elanco Animal Health Inc., Biogenesis Bago SA, Phibro Animal Health Corporation, KM Biologics Co. Ltd., Hipra Laboratories SA, Ceva Santé Animale SA, Zoetis Inc., Jinyu Bio-Technology Co. Ltd., China Animal Husbandry Industry Co. Ltd., Virbac SA, Harbin Veterinary Research Institute, Bioveta AS, Bimeda Holdings PLC, Biovac Ltd., Hester Biosciences Limited, Hygieia Biological Laboratories, , Intervet Inc., Komipharm International Co. Ltd., Kyoritsu Seiyaku Corporation, Lohmann Animal Health International, Norbrook Laboratories Limited, Ouro Fino Saúde Animal SA, Prondil SA, Vaxxinova International BV, Vetoquinol SA, Veyx Pharma GmbH, Tianjin Ringpu Bio-Technology Co. Ltd.
Which Regions Offer the Highest Growth Potential in the Swine Vaccines Market?
North America was the largest region in the swine vaccines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the swine vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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