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SWINE FEVER VACCINE MARKET ANALYSIS

Swine Fever Vaccine Market, by Type (African Swine Fever and Classical Swine Fever), by Vaccine Type (Live-Attenuated, Chimeric (Live-attenuated or inactivated), Subunit or vector system based, and Replicon vaccine), by Distribution Channel (Public and Private), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2024 - 2031

  • Published In : Mar 2024
  • Code : CMI5195
  • Pages :156
  • Formats :
      Excel and PDF
  • Industry : Biotechnology

African swine fever (ASF) and classical swine fever (CSF) are highly contagious viral diseases of pigs. They are clinically identical and cannot be definitively distinguished from one other in the field. A diagnosis must be verified by laboratory tests. These diseases may seem to be identical; however, they are caused by totally unrelated viruses. CSF, often called as 'hog cholera', is caused by a virus from the pestivirus genus of the family Flaviviridae and is closely related to the virus that causes bovine viral diarrhea (mucosal disease) in cattle and border disease (hairy shaker disease) in sheep. The virus that causes ASF is unrelated to the virus that causes classical swine fever and has a more complex genetic makeup. Pigs are the only animals affected by both ASF and CSF; humans and other animals are not affected by these diseases.

The global swine fever vaccine market is estimated to be valued at USD 3,028.7 Mn in 2024 and is expected to exhibit a CAGR of 5.9% during the forecast period (2024-2031). 

Figure 1. Global Swine Fever Vaccine Market Value (USD MN), by Region, 2024

Swine Fever Vaccine Market Regional Insights, 2024

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Increasing outbreaks of swine fever are expected to drive the swine fever vaccine market growth.

The increasing outbreaks of swine fever is expected to drive the market growth over the forecast period. For instance, as of May 9, 2022, 259 pigs have died in Meghalaya’s Ri-Bhoi district in India due to African Swine Fever (ASF), according to a senior official of the Veterinary and Animal Husbandry Department. The first outbreak was reported by the Veterinary department on April 13, 2022 following which instructions were issued under the Prevention and Control of Infectious and Contagious Diseases in Animals Act, 2009, banning movement of pigs, slaughter, and supplies at Umshorshor village, Meghalaya, India, and within 10 km of its vicinity.

Swine Fever Vaccine Market Report Coverage

Report Coverage Details
Base Year: 2023 Market Size in 2024: US$ 3,028.7 Mn
Historical Data for: 2019 to 2023 Forecast Period: 2024 to 2031
Forecast Period 2024 to 2031 CAGR: 5.9% 2031 Value Projection: US$ 4,536.4 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: African Swine Fever, Classical Swine Fever
  • By Vaccine Type: Live-Attenuated, Chimeric (Live-attenuated or inactivated), Subunit or vector system based, Replicon vaccine
  • By Distribution Channel: Public, Private
Companies covered:

Merck & Co., Inc. (Merck Animal Health), Ceva, Zoetis Services LLC, Boehringer Ingelheim International GmbH, Indian Immunologicals Ltd., Bioveta, a.s., Komipharm, and EC21 Inc.

Growth Drivers:
  • Increasing outbreaks of swine fever
  • Increasing research and development activities by government and non-government organizations and key players in the market
Restraints & Challenges:
  • Stringent regulatory approvals

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Figure 2. Global Swine Fever Vaccine Market Share, By Vaccine Type, 2024

Global Swine Fever Vaccine Market By Vaccine Type, 2024

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Recent Developments

In May 2022, Boehringer Ingelheim, a global leading company in animal health, announced its latest innovation: TwistPak, a revolutionary mixing platform. It enables swine producers to combine two vaccines, Ingelvac CircoFLEX and Ingelvac MycoFLEX, in a convenient, fast and flexible way.

In June 2020, Boehringer Ingelheim announced that it’s China-developed Classical Swine Fever Vaccine, Live (C-strain, PK/WRL Cell Line Origin) (English commercial name: Ingelvac CSF MLV) has just received a "New Veterinary Drug Registration Certificate" from the Ministry of Agriculture and Rural Affairs of China. It is the first Classical Swine Fever live vaccination co-developed by a foreign corporation and Chinese research organizations.

Increasing research and development activities by government and non-government organizations and key players in the market are expected to drive the market growth during the forecast period.

Increasing efforts by the governments of various countries and key players in the market to develop swine fever vaccines are expected to drive the market growth over the forecast period. For instance, in June 2022, Vietnam had developed an African swine fever vaccine, NAVET-ASFVAC, for pigs in partnership with the U.S. The Vietnamese researchers worked with the U.S. scientists on the NAVET-ASFVAC jab since 2020.

Global Swine Fever Vaccine Market – Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.

The coronavirus pandemic had negatively impacted the development, production, and supply of medicines and the growth of the pharmaceutical businesses of various companies across the globe. The lockdown has resulted in the closure of industrial establishments, except for the manufacturing of essential commodities, and there has been a disruption in the supply chain of pharmaceuticals. Thus, the COVID-19 pandemic had affected the economy in three main ways: 1) by directly affecting the production and demand; 2) disrupting distribution channels; 3) causing a financial impact on firms and financial markets.

Supply chain and manufacturing activities in India, China, and the U.S. were disrupted due to the global lockdown, while many countries such as Saudi Arabia, the UAE, Egypt, and others are facing problems with regard to the transportation of drugs and vaccines from one place to another. Due to all these reasons, the growth of the global swine fever vaccine market was negatively hampered.

Global Swine Fever Vaccine Market: Restraint

The major factors that hinder the growth of the global swine fever vaccine market include stringent regulatory approvals. The federal agencies involved in the approval of animal medicines are the United States Department of Agriculture (USDA) (biologics such as vaccines), the U.S. Food and Drug Administration (pharmaceuticals), and the Environmental Protection Agency (EPA) (pesticides such as flea and tick medicine). While undergoing approval, animal medicines are vigorously researched and tested for safety, purity, and efficacy, a process that can take five to seven years and cost tens of millions of dollars. Thus, stringent regulatory approvals may act as a restraint for the market growth.

Key Players

Major players operating in the global swine fever vaccine market include Merck & Co., Inc. (Merck Animal Health), Ceva, Zoetis Services LLC, Boehringer Ingelheim International GmbH, Indian Immunologicals Ltd., Bioveta, a.s., Komipharm, and EC21 Inc.

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About Author

Abhijeet Kale is a results-driven management consultant with five years of specialized experience in the biotech and clinical diagnostics sectors. With a strong background in scientific research and business strategy, Abhijeet helps organizations identify potential revenue pockets, and in turn helping clients with market entry strategies. He assists clients in developing robust strategies for navigating FDA and EMA requirements.

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Frequently Asked Questions

The global Swine Fever Vaccine Market size is estimated to be valued at USD 3,028.7 million in 2024 and is expected to reach USD 4,536.4 million in 2031.

The global swine fever vaccine market size is estimated to be valued at USD 3,028.7 MN in 2024 and is expected to exhibit a CAGR of 5.9% between 2024 and 2031. 

Factors such as increasing outbreaks of swine fever and increasing research and development activities by government and non-government organizations and key players in the market are expected to drive the market growth.

North America is the leading region in the market.

The major factors hampering the growth of the market include stringent regulatory approvals.

Major players operating in the market include Merck & Co., Inc. (Merck Animal Health), Ceva, Zoetis Services LLC, Boehringer Ingelheim International GmbH, Indian Immunologicals Ltd., Bioveta, a.s., Komipharm, and EC21 Inc.
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