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What is the Long-Term Projected Growth Rate for the Swine Vaccines Market, and What Are the Key Drivers?

In recent times, there has been significant growth in the size of the swine vaccines market. The market is projected to expand from a value of $2.18 billion in 2024 to $2.38 billion in 2025, representing a compound annual growth rate (CAGR) of 8.9%. The acceleration in growth during the historic period is due to factors such as disease outbreaks, economic losses, government policy, and upsurge in swine production.

The market for swine vaccines is anticipated to witness a significant increase in size in the upcoming years. By 2029, it is projected to reach a value of $3.44 billion, expanding at a compound annual growth rate (CAGR) of 9.7%. The predicted growth in this period can be associated with factors such as emerging diseases and new viral strains, the worldwide growth of the swine industry, alterations in climate and environment, implementation of biosecurity protocols, and stiff market competition. Key trends expected during this forecast timeframe include advances in veterinary science, shifting disease patterns, the worldwide need for protein, progress in technology, focus on preventive healthcare.

Which Major Market Drivers Are Expected to Boost the swine vaccines Market’s Growth Potential?

The increasing occurrence of illnesses in pigs is anticipated to fuel the growth of the swine vaccine market. Swine disease, which can present various symptoms like pseudorabies or influenza, deviates from the standard structural or functional state of an organism. The augmentation of diseases in the swine population can be efficiently tackled with swine vaccines, stimulating the immune response towards specific pathogens, thus lowering infection rates and reducing the severity of the disease, whilst enhancing the overall health of the herd. In December 2023, the Swine Health Information Center, an organization based in the United States, reported a concerning surge in the African Swine Fever (ASF) cases among wild boars in Poland. By early 2023, there were 2,347 confirmed ASF cases in wild boars in Poland, outstripping the total from 2022. Consequently, the burgeoning occurrence of swine illnesses is projected to stimulate the expansion of the market.

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Which Companies Are Leading the Charge in Expanding the Swine Vaccines Market?

Major companies operating in the swine vaccines market are:

• Merck & Co Inc._x000D_

• Boehringer Ingelheim Animal Health USA Inc._x000D_

• Elanco Animal Health Inc._x000D_

• Biogenesis Bago SA_x000D_

• Phibro Animal Health Corporation_x000D_

What New Trends Are Reshaping the Swine Vaccines Market and Its Opportunities?

Emerging technology is a rising trend within the swine vaccine market. Major industry players are focusing on developing innovative solutions that can administer two vaccines simultaneously to improve swine health, thus strengthening their market position. For instance, in May 2022, Boehringer Ingelheim, a pharmaceutical firm based in Germany, introduced TwistPak technology. TwistPak technology paves the way for combining two vaccines, IngelvacCircoFLEX and IngelvacMycoFLEX, for use in swine. TwisPak provides an efficient and rapid solution that simplifies the mixing process while preserving the flexibility to use the product as a combination vaccine or a single one. It is manufactured leveraging state-of-the-art technologies and has an ergonomic design.

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Which Segments Play a Crucial Role in the Expansion of the Swine Vaccines Market?

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

What Are the Top Regions Fueling Growth 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.

What Defines the Scope of the Swine Vaccines Market?

The swine vaccine refers to a preparation that is administered or injected in pigs to stimulate the immune response against a specific infectious agent. These vaccines are crucial for preventing diseases that can significantly impact pig health, productivity, and overall herd management.

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