Global Fish Vaccines Market
The Global Fish Vaccines Market was valued at USD 215 million in 2021 which expected to reach at USD 378 million by 2027 at a CAGR 10 % from 2022-2027.
Fish vaccines are specially used on fish. The culture environment, be it in tanks, cages/ponds, seawater or freshwater, can stress the fish due to reduced oxygen levels, high stocking densities, sub-optimal water quality and high pathogen loads. Therefore, farmed fish, similar to farmed animals, have an increased susceptibility to infectious diseases (bacterial, viral, fungal or parasitic in origin). These vaccines are the immune foundations for immunizing fish against various diseases.
Market Drivers
The increase in number of aquaculture farms is a prominent driving factor which expected to boost the growth of global fish vaccines market over the forecast period. Also, the increase in use of vaccines over antibiotics by fish farmers is expected to drive the growth of the global fish vaccines market.
Moreover, Market players are focused on strategies like acquisitions, which is expected to propel the growth of the global fish vaccines market over the forecast period. For instance, in December 2018, Phibro Animal Health Corp., a manufacturer of vaccines & medicated feed additives, acquired aquaculture vaccine maker KoVax Ltd. The acquisition strengthened the position of Phibro Animal Health Corp. in fish vaccine innovation & expanded its portfolio of aquaculture products.
Market Restraints
Factors causing failure in the efficiency of fish vaccination is expected to be major restraining factor which expected to hinder the growth of global fish vaccines market.
Market Segmentation
Global Fish Vaccines Market is segmented into Vaccine Type such as Killed Vaccine, Inactivated Vaccine, Attenuated Vaccine, Toxoid Vaccine, Subunit Vaccine, Conjugate Vaccine, Recombinant Vector Vaccines. By indication, market is segmented into Furunculosis, Vibriosis, Yersiniosis, Enteric septicaemia, Others. By Route of Administration, market is segmented into Injection, Immersion, Spray, Oral.
Regional Analysis
The Global Fish Vaccines Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America is expected to hold large market share for the fish vaccines market, due to increasing product launches/approvals of vaccines in the region. For instance, in November 2019, MSD Animal Health, a division of Merck & Co., Inc. which is headquartered in the United States, launched a new vaccine AQUAVAC Strep Sa-Si to protect against streptococcosis in fish which is indicated for the active immunization of tilapia (Oreochromis sp.) & other susceptible fish species, in order to reduce mortality and disease due to streptococcosis caused by Streptococcus agalactiae (serotype Ib) and Streptococcus iniae.
Key Players
VETERQUIMICA SA, Ictyogroup, Kyoto Biken Laboratories, Inc., HIPRA, Vaxxinova International BV, Barramundi Group, Merck & Co., Inc., Zoetis Inc., Aqua Vet S.A., NISSEIKEN CO., LTD., KBNP, INC., etc.
Market Taxonomy
By Vaccine Type
By Indication
By Route of Administration
By Region
Global Fish Vaccines Market Toc
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Fish Vaccines Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Fish Vaccines Market, By Vaccine Type
5.1 Y-o-Y Growth Comparison, By Vaccine Type
5.2 Global Fish Vaccines Market Share Analysis, By Vaccine Type
5.3 Global Fish Vaccines Market Size and Forecast, By Vaccine Type
5.3.1 Killed Vaccine
5.3.2. Inactivated Vaccine
5.3.3. Attenuated Vaccine
5.3.4. Toxoid Vaccine
5.3.5. Subunit Vaccine
5.3.6. Conjugate Vaccine
5.3.7. Recombinant Vector Vaccines
6 Global Fish Vaccines Market, By Indication
6.1 Y-o-Y Growth Comparison, By Indication
6.2 Global Fish Vaccines Market Share Analysis, By Indication
6.3 Global Fish Vaccines Market Size and Forecast, By Indication
6.3.1. Furunculosis
6.3.2 Vibriosis
6.3.3. Yersiniosis
6.3.4. Enteric septicaemia
6.3.5. Others
7 Global Fish Vaccines Market, By Route of Administration
7.1 Y-o-Y Growth Comparison, By Route of Administration
7.2 Global Fish Vaccines Market Share Analysis, By Route of Administration
7.3 Global Fish Vaccines Market Size and Forecast, By Route of Administration
7.3. 1. Injection
7.3.2. Immersion
7.3.3. Spray
7.3.4. Oral
8 Global Fish Vaccines Market, By Region
8.1 Global Fish Vaccines Market Share Analysis, By Region
8.2 Global Fish Vaccines Market Share Analysis, By Region
8.3 Global Fish Vaccines Market Size and Forecast, By Region
9 North America Fish Vaccines Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Fish Vaccines Market Share Analysis, By Vaccine Type
9.3 North America Fish Vaccines Market Size and Forecast, By Indication
9.4 North America Fish Vaccines Market Size and Forecast, By Route of Administration
9.5 North America Fish Vaccines Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Fish Vaccines Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Fish Vaccines Market Share Analysis, By Vaccine Type
10.3 Europe Fish Vaccines Market Size and Forecast, By Indication
10.4 Europe Fish Vaccines Market Size and Forecast, By Route of Administration
10.5 Europe Fish Vaccines Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Fish Vaccines Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Fish Vaccines Market Share Analysis, By Vaccine Type
11.3 Asia Pacific Fish Vaccines Market Size and Forecast, By Indication
11.4 Asia Pacific Fish Vaccines Market Size and Forecast, By Route of Administration
11.5 Asia Pacific Fish Vaccines Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Fish Vaccines Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Fish Vaccines Market Share Analysis, By Vaccine Type
12.3 Latin America Fish Vaccines Market Size and Forecast, By Indication
12.4 Latin America Fish Vaccines Market Size and Forecast, By Route of Administration
12.5 Latin America Fish Vaccines Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Fish Vaccines Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Fish Vaccines Market Share Analysis, By Vaccine Type
13.3 Middle East Fish Vaccines Market Size and Forecast, By Indication
13.4 Middle East Fish Vaccines Market Size and Forecast, By Route of Administration
13.5 Middle East Fish Vaccines Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 VETERQUIMICA SA
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Ictyogroup
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Kyoto Biken Laboratories, Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 HIPRA
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Vaxxinova International BV
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Barramundi Group
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Merck & Co., Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Zoetis Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Aqua Vet S.A.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 NISSEIKEN CO., LTD
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 KBNP, INC
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
