The North America aquaculture vaccines market is expected to grow from US$ 125.36 million in 2022 to US$ 256.32 million by 2028. It is estimated to grow at a CAGR of 12.7% from 2022 to 2028.
Growing Aquaculture Industry is Driving the North America Aquaculture Vaccines Market
According to the data in a report titled The State of World Fisheries and Aquaculture” published by the Food and Agriculture Organization of the United Nations in 2022, global consumption of aquatic foods, excluding algae, has increased by more than five times the quantity consumed nearly 60 years ago. Aquatic food consumption across the world increased from 28 million tonnes in 1961 to ~158 million tonnes in 2019. The consumption increased at an average annual rate of 3.0 % from 1961, compared with a population growth rate of 1.6 %. Per capita consumption is rising due to increasing supplies, changing consumer preferences, and growing income. In 2019, the Food and Agriculture Organization of the United Nations estimated the per capita consumption of aquatic foods for 227 countries. Regarding population, the countries consuming less than the world average accounted for 54 % of the world population in 2019. The rising consumption of aquatic animals is expediting the growth of the aquaculture industry. Aquaculture vaccines lower the chance of infection and increase the yield of products. Therefore, the growing aquaculture industry fuels the growth of the aquaculture vaccines market.Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Aquaculture Vaccines Market - by Type of Vaccine
1.3.2 North America Aquaculture Vaccines Market - by Species
1.3.3 North America Aquaculture Vaccines Market - by Route of Administration
1.3.4 North America Aquaculture Vaccines Market - by Country
2. North America Aquaculture Vaccines Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Aquaculture Vaccines Market - Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Expert’s Opinion
5. North America Aquaculture Vaccines Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Aquaculture Industry
5.1.2 Surging Demand for Aquatic Animal-Derived Food Products
5.2 Market Restraints
5.2.1 Strict Regulatory Policies for Approval of Vaccines and High Cost of Vaccines
5.3 Future Trends
5.3.1 Development of Novel Vaccines
5.4 Impact Analysis
6. Aquaculture Vaccines Market - North America Analysis
6.1 North America Aquaculture Vaccines Market Revenue Forecast & Analysis
7. North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 - by Type of Vaccine
7.1 Overview
7.2 North America Aquaculture Vaccines Market Revenue Share, by Type of Vaccine 2021 & 2028 (%)
7.3 Live Vaccines
7.3.1 Overview
7.3.2 Live Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Inactivated Vaccines
7.4.1 Overview
7.4.2 Inactivated Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Other Vaccines
7.5.1 Overview
7.5.2 Other Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
8. North America Aquaculture Vaccines Market Analysis and Forecasts to 2028 - by Species
8.1 Overview
8.2 North America Aquaculture Vaccines Market, by Species 2021 & 2028 (%)
8.3 Tilapia
8.3.1 Overview
8.3.2 Tilapia: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Trout
8.4.1 Overview
8.4.2 Trout: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Salmon
8.5.1 Overview
8.5.2 Salmon: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Shrimps
8.7.1 Overview
8.7.2 Shrimps: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 - by Route of Administration
9.1 Overview
9.2 North America Aquaculture Vaccines Market Revenue Share, by Route of Administration 2021 & 2028 (%)
9.3 Injection Vaccines
9.3.1 Overview
9.3.2 Injection Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Immersions Vaccines
9.4.1 Overview
9.4.2 Immersions Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Oral Vaccines
9.5.1 Overview
9.5.2 Oral Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
10. North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 - Country Analysis
10.1 North America: Aquaculture Vaccines Market
10.1.1 Overview
10.1.1.1 US: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Overview
10.1.1.1.2 US: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.3 US: Aquaculture Vaccines Market, by Type of Vaccine, 2019-2028 (US$ Million)
10.1.1.1.4 US: Aquaculture Vaccines Market, by Species, 2019-2028 (US$ Million)
10.1.1.1.5 US: Aquaculture Vaccines Market, by Route of Administration, 2019-2028 (US$ Million)
10.1.1.2 Canada: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Overview
10.1.1.2.2 Canada: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.3 Canada: Aquaculture Vaccines Market, by Type of Vaccine, 2019-2028 (US$ Million)
10.1.1.2.4 Canada: Aquaculture Vaccines Market, by Species, 2019-2028 (US$ Million)
10.1.1.2.5 Canada: Aquaculture Vaccines Market, by Route of Administration, 2019-2028 (US$ Million)
10.1.1.3 Mexico: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Overview
10.1.1.3.2 Mexico: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.3 Mexico: Aquaculture Vaccines Market, by Type of Vaccine, 2019-2028 (US$ Million)
10.1.1.3.4 Mexico: Aquaculture Vaccines Market, by Species, 2019-2028 (US$ Million)
10.1.1.3.5 Mexico: Aquaculture Vaccines Market, by Route of Administration, 2019-2028 (US$ Million)
11. Aquaculture Vaccines Market - Industry Landscape
11.1 Overview
11.2 Growth Strategies in Aquaculture Vaccines Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 AquaTactics Fish Health
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 HIPRA SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Merck & Co Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Zoetis Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Phibro Animal Health Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Elanco Animal Health Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. US Aquaculture Vaccines Market, by Type of Vaccine - Revenue and Forecast to 2028 (US$ Million)
Table 2. US Aquaculture Vaccines Market, by Species - Revenue and Forecast to 2028 (US$ Million)
Table 3. US Aquaculture Vaccines Market, by Route of Administration - Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada Aquaculture Vaccines Market, by Type of Vaccine - Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Aquaculture Vaccines Market, by Species - Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Aquaculture Vaccines Market, by Route of Administration - Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico Aquaculture Vaccines Market, by Type of Vaccine - Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Aquaculture Vaccines Market, by Species - Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Aquaculture Vaccines Market, by Route of Administration - Revenue and Forecast to 2028 (US$ Million)
Table 10. Recent Organic Growth Strategies in Aquaculture Vaccines Market
Table 11. Recent Inorganic Growth Strategies in the Aquaculture Vaccines Market
Table 12. Glossary of Terms
List of Figures
Figure 1. North America Aquaculture Vaccines Market Segmentation
Figure 2. North America Aquaculture Vaccines Market, by Country
Figure 3. North America Aquaculture Vaccines Market Overview
Figure 4. Inactivated Vaccine Segment Held Largest Share of Type Segment in North America Aquaculture Vaccines Market
Figure 5. Canada is Expected to Show Remarkable Growth During Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. Experts’ Opinion
Figure 8. North America Aquaculture Vaccines Market Impact Analysis of Drivers and Restraints
Figure 9. North America Aquaculture Vaccines Market - Revenue Forecast and Analysis - 2020- 2028
Figure 10. North America Aquaculture Vaccines Market Revenue Share, by Type of Vaccine 2021 & 2028 (%)
Figure 11. Live Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Inactivated Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Other Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Aquaculture Vaccines Market, by Species 2021 & 2028 (%)
Figure 15. Tilapia: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Trout: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Salmon: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Shrimps: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Aquaculture Vaccines Market Revenue Share, by Route of Administration 2021 & 2028 (%)
Figure 21. Injection Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Immersions Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Oral Vaccines: North America Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America: Aquaculture Vaccines Market, by Key Country - Revenue (2021) (US$ Million)
Figure 25. North America: Aquaculture Vaccines Market, by Country, 2021 & 2028 (%)
Figure 26. US: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Canada: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Aquaculture Vaccines Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Growth Strategies in Aquaculture Vaccines Market
Companies Mentioned
- AquaTactics Fish Health
- HIPRA SA
- Merck & Co Inc.
- Zoetis Inc.
- Phibro Animal Health Corp
- Elanco Animal Health Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 111 |
| Published | February 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 125.36 Million |
| Forecasted Market Value ( USD | $ 256.32 Million |
| Compound Annual Growth Rate | 12.7% |
| Regions Covered | North America |
| No. of Companies Mentioned | 6 |
