Vaccines Market

Vaccines market: read the latest data featured by an Ai-driven business intelligence platform. Facts and figures contain consumption, exports, imports, production, market prices, market size, trade, and companies. Here is a split by region, including the U.S., Russia, Latin America, the U.K., the Middle East, China, Africa, and EU. Market insights and forecast to 2030 are also featured in the reports.

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Vaccines - World's Largest Markets

In value terms, China, the United States and Germany appeared to be the countries with the highest levels of market value in 2021, together comprising 37% of the global market. These countries were followed by Spain, Japan, France, Indonesia, India, Mexico, the UK, Pakistan, Egypt and Russia, which together accounted for a further 31%.

Spain (+108.2% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while vaccines market for the other global leaders experienced more modest paces of growth.

Vaccines Prices

Vaccines - Top Importers

In value terms, the largest vaccines importing markets worldwide were Belgium ($12.1B), Germany ($10.8B) and the United States ($8B), together accounting for 37% of global imports. These countries were followed by Spain, the UK, France, Canada, the Netherlands, Pakistan, Ireland and Malaysia, which together accounted for a further 27%.

The Netherlands (+333.6% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Vaccines - Top Exporters

In value terms, Belgium ($42.9B) remains the largest vaccines supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by the United States ($12.2B), with a 12% share of global exports. It was followed by Germany, with a 12% share.

From 2019 to 2021, the average annual rate of growth in terms of value in Belgium totaled +132.1%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+145.7% per year) and Germany (+314.2% per year).

Vaccines - Market Forecast

Driven by increasing demand for vaccines worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Vaccines - Top Companies

Amgen Inc., CSL BEHRING (AUSTRALIA) PTY LTD, SEQIRUS PTY LTD, Csl Behring L.L.C., CSL Behring GmbH, China Animal Husbandry Group, Shanxi Beifangguokangbao Pesticide Co.,Ltd., COFCO Biochemical (AnHui) Co., Ltd., Celltrion, Inc., Hubei Anqi Biological Group Co., Ltd., SERUM INSTITUTE OF INDIA PRIVATE LIMITED, IRAN BLOOD TRANSFUSION ORGANIZATION COMPANY, China Animal Husbandry Industry Co., Ltd., Boehringer Ingelheim Vetmedica, Inc., Bpl Plasma, Inc., Albany Molecular Research, Inc., Sanofi Pasteur Inc., GSK Vaccines GmbH, EDWARDS LIFESCIENCES (SINGAPORE) PTE. LTD., SAMSUNG BIOLOGICS CO., LTD

Vaccines - Product Coverage

• HS 300220 - Vaccines; for human medicine

Source: IndexBox Market Intelligence Platform