Asia Pacific Fish Vaccines Market Forecast to 2030

According to the Research Team’ research, the Asia Pacific fish vaccines market was valued at US$ 46.87 million in 2022 and is expected to reach US$ 94.15 million by 2030, registering a CAGR of 9.1% from 2022 to 2030. Surging demand for aquatic animal-derived food products is among the critical factors attributed to the Asia Pacific fish vaccines market expansion.

An unhealthy diet is a growing concern in developing and developed countries, resulting in a variety of negative health consequences. Thus, fish is highly advisable in diet for healthy growth and development as it is rich in vitamins, minerals, lipids, and macronutrients such as proteins. Additionally, it is believed that aquaculture is the most effective way to produce high-quality proteins for a sustainable human diet. Growing awareness regarding the nutritional benefits of fish consumption propels the demand for sustainable, high-quality, and healthy meat products. Therefore, the rising consumption of fish and fish-derived products fuels the fish vaccines market growth.

On the contrary, stringent regulations for approval of vaccine hurdles the growth of Asia Pacific fish vaccines market.

Based on vaccine type, the Asia Pacific fish vaccines market is categorized into inactivated vaccines, live attenuated vaccines, subunit vaccines, recombinant vector vaccine, and others. The inactivated vaccines segment held 72.9% market share in 2022, amassing US$ 34.15 million. It is projected to garner US$ 69.58 million by 2030 to expand at 9.3% CAGR during 2022-2030.

Based on application, the Asia Pacific fish vaccines market is categorized into bacterial infection, viral infection, and parasitic. The bacterial infection segment held 81.5% share of Asia Pacific fish vaccines market in 2022, amassing US$ 38.21 million. It is projected to garner US$ 77.58 million by 2030 to expand at 9.3% CAGR during 2022-2030.

Based on route of administration, the Asia Pacific fish vaccines market is categorized into injection vaccine, immersion vaccine, and oral vaccine. The injection vaccine segment held 59.5% share of Asia Pacific fish vaccines market in 2022, amassing US$ 27.89 million. It is projected to garner US$ 55.71 million by 2030 to expand at 9.0% CAGR during 2022-2030.

Based on species, the Asia Pacific fish vaccines market is categorized into salmon, trout, tilapia, and others. The salmon segment held 71.2% share of Asia Pacific fish vaccines market in 2022, amassing US$ 33.37 million. It is projected to garner US$ 66.36 million by 2030 to expand at 9.0% CAGR during 2022-2030.

Based on country, the Asia Pacific fish vaccines market has been categorized China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that Japan captured 28.9% share of Asia Pacific fish vaccines market in 2022. It was assessed at US$ 13.54 million in 2022 and is likely to hit US$ 28.10 million by 2030, exhibiting a CAGR of 9.6% during 2022-2030.

Key players operating in the Asia Pacific fish vaccines market are Choong Ang Vaccine Laboratories Co.; Elanco Animal Health Inc; Hipra SA; INDIAN IMMUNOLOGICALS LTD; KBNP Inc.; Kyoto Biken Laboratories; Merck & Co Inc.; Nisseiken Co., Ltd.; Phibro Animal Health Corp; Vaxxinova International BV; and Zoetis Inc., among others.

– In Nov 2020, IIL partners with CIFE to develop the first fish vaccine.

– In July 2020, Zoetis Acquires Fish Vet Group to Enhance Aquaculture Diagnostic Capabilities.

Table 1. Asia Pacific Fish Vaccine Market Segmentation
Table 2. Worldwide Fish Production and Consumption in 2022
Table 3. Major Bacterial Diseases in Fish
Table 4. Major Viral Diseases in Fish
Table 5. Major Parasitic Diseases in Fish
Table 6. Atlantic Salmon Production 2020
Table 7. China Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 8. China Fish Vaccine Market, by Route of Administration – Revenue and Forecast to 2030 (US$ Thousand)
Table 9. China Fish Vaccine Market, by Species – Revenue and Forecast to 2030 (US$ Thousand)
Table 10. China Fish Vaccine Market, by Application – Revenue and Forecast to 2030 (US$ Thousand)
Table 11. Japan Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 12. Japan Fish Vaccine Market, by Route of Administration – Revenue and Forecast to 2030 (US$ Thousand)
Table 13. Japan Fish Vaccine Market, by Species – Revenue and Forecast to 2030 (US$ Thousand)
Table 14. Japan Fish Vaccine Market, by Application – Revenue and Forecast to 2030 (US$ Thousand)
Table 15. India Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 16. India Fish Vaccine Market, by Route of Administration – Revenue and Forecast to 2030 (US$ Thousand)
Table 17. India Fish Vaccine Market, by Species – Revenue and Forecast to 2030 (US$ Thousand)
Table 18. India Fish Vaccine Market, by Application – Revenue and Forecast to 2030 (US$ Thousand)
Table 19. Australia Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 20. Australia Fish Vaccine Market, by Route of Administration – Revenue and Forecast to 2030 (US$ Thousand)
Table 21. Australia Fish Vaccine Market, by Species – Revenue and Forecast to 2030 (US$ Thousand)
Table 22. Australia Fish Vaccine Market, by Application – Revenue and Forecast to 2030 (US$ Thousand)
Table 23. South Korea Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 24. South Korea Fish Vaccine Market, by Route of Administration – Revenue and Forecast to 2030 (US$ Thousand)
Table 25. South Korea Fish Vaccine Market, by Species – Revenue and Forecast to 2030 (US$ Thousand)
Table 26. South Korea Fish Vaccine Market, by Application – Revenue and Forecast to 2030 (US$ Thousand)
Table 27. Rest of Asia Pacific Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 28. Rest of Asia Pacific Fish Vaccine Market, by Route of Administration – Revenue and Forecast to 2030 (US$ Thousand)
Table 29. Rest of Asia Pacific Fish Vaccine Market, by Species – Revenue and Forecast to 2030 (US$ Thousand)
Table 30. Rest of Asia Pacific Fish Vaccine Market, by Application – Revenue and Forecast to 2030 (US$ Thousand)
Table 31. Recent Inorganic Growth Strategies in the Fish Vaccine Market
Table 32. Recent Organic Growth Strategies in Fish Vaccine Market
Table 33. Glossary of Terms, Asia Pacific Fish Vaccine Market

Figure 1. Asia Pacific Fish Vaccine Market Segmentation, By Country
Figure 2. Asia Pacific Fish Vaccine Market – Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Asia Pacific Fish Vaccine Market Revenue (US$ Th), 2022 – 2030
Figure 5. Asia Pacific Fish Vaccine Market Revenue Share, by Vaccine Type, 2022 & 2030 (%)
Figure 6. Inactivated Vaccines: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 7. Live Attenuated Vaccines: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 8. Subunit Vaccines: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 9. Recombinant Vector Vaccine: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 10. Others: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 11. Asia Pacific Fish Vaccine Market Revenue Share, by Application, 2022 & 2030 (%)
Figure 12. Bacterial Infection: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 13. Viral Infection: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 14. Parasitic: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 15. Asia Pacific Fish Vaccine Market Revenue Share, by Route of Administration, 2022 & 2030 (%)
Figure 16. Injected: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 17. Immersion Vaccine: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 18. Oral Vaccine: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 19. Fish Vaccine Market Revenue Share, Species, 2022 & 2030 (%)
Figure 20. Salmon: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 21. Trout: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 22. Tilapia: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 23. Others: Fish Vaccine Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 24. Asia Pacific Fish Vaccine Market, by Key Country – Revenue, 2022 (US$ Thousand)
Figure 25. Asia Pacific Fish Vaccine Market, By Key Countries, 2022 and 2030 (%)
Figure 26. China Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 27. Japan Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 28. India Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 29. Australia Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 30. South Korea Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 31. Rest of Asia Pacific Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 32. Growth Strategies in Fish Vaccine Market