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What Is the Growth Rate of the Swine Vaccines Market?

The market size for swine vaccines has seen a robust increase in recent years. The market, which was valued at $2.18 billion in 2024, is predicted to rise to $2.38 billion in 2025, manifesting a compound annual growth rate (CAGR) of 8.9%. Factors contributing to this growth over the historical period include occurrences of disease outbreaks, financial repercussions, regulations set by the government, as well as an augmentation in swine production.

What Growth Rate Is Forecasted for the Swine Vaccines Market by 2029?

In the coming years, the pig vaccines market is predicted to experience robust growth. It’s projected to expand to a market size of $3.44 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 9.7%. This anticipated growth over the forecast period could be due to factors such as emerging diseases and viral strains, the global expansion of the pig industry, environmental and climate changes, biosecurity measures, and market competition. Critical trends during this forecast period may encompass advancements in the veterinary field, shifts in disease patterns, a worldwide increase in protein demand, technological innovation, and a heightened focus on preventative healthcare.

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Which Key Companies Are Shaping the Future of the Swine Vaccines Market?

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, IDT Biologika GmbH, 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 Factors Are Driving Demand in the Swine Vaccines Industry?

The escalating instances of illnesses in pigs are anticipated to boost the pig vaccine market in the future. Pig diseases refer to any deviations from an animal’s normal structural or functional state, marked by symptoms of illnesses such as pseudorabies, influenza. Pig vaccines are effective in controlling the escalating instances of illnesses in pigs by prompting the immune system to identify and react to particular pathogens. This reduces infection rates, alleviates disease intensity, and enhances the overall health of the herd. For instance, the Swine Health Information Center, a US-based institution, reported in December 2023 that Poland has witnessed a concerning surge in African Swine Fever (ASF) cases among wild boars. Early in 2023, the country reported 2,347 confirmed cases of ASF in wild boars, surpassing the total from the previous year. Therefore, the escalating occurrence of pig diseases is anticipated to propel the market’s expansion.

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How Is the Swine Vaccines Market Segmented by Several Divisions?

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 Emerging Market Trends Driving the Growth of the Swine Vaccines Industry?

The swine vaccine market is witnessing a surge in technological development, a trend that is becoming increasingly popular. Leading players are focusing on crafting cutting-edge technologies that can deliver two vaccines simultaneously, to improve swine health and maintain their standing in the market. For instance, Boehringer Ingelheim, a pharmaceutical company based in Germany, unveiled its revolutionary TwistPak technology in May 2022. This platform is designed for mixing two vaccines, namely IngelvacCircoFLEX and IngelvacMycoFLEX, for the benefit of swine producers. TwistPak provides a swift and easy-to-use platform that simplifies the mixing process while preserving the option of using the vaccines collectively or individually. Made with the latest technology, it also boasts an ergonomic design.

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Which Regions Are Driving 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.

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This Report Delivers Insight On:

1. How big is the swine vaccines market, and how is it changing globally?

2. Who are the major companies in the swine vaccines market, and how are they performing?

3. What are the key opportunities and risks in the swine vaccines market right now?

4. Which products or customer segments are growing the most in the swine vaccines market?

5. What factors are helping or slowing down the growth of the swine vaccines market?

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