North America Fish Vaccines Market Forecast to 2030

According to the Research Team’ research, the North America fish vaccines market was valued at US$ 160.22 million in 2022 and is expected to reach US$ 268.07 million by 2030, registering a CAGR of 6.6% from 2022 to 2030. Government initiatives to develop aquaculture industry and surging demand for aquatic animal-derived food products are the critical factors attributed to the North America fish vaccines market expansion.

Diversifying into new fish species, particularly marine fish, is a trend in the aquaculture sector. Farms across the world are increasingly relying on vaccinations to manage animal health. The development of novel pathogens with extensive antigenic diversity may also reduce the effectiveness of conventional vaccines. This motivates vaccine researchers to look into new techniques for creating potent vaccines for aquaculture. Subunit or recombinant DNA/RNA particle vaccines may have been created using modern vaccine technology, which is focused on specific pathogen components. Finding new vaccine candidates to fight fish pathogens such as mycotic and parasitic agents is made possible by recent advancements in vaccines and vaccinology. The development and production of fish vaccines can do rapidly with the help of new techniques in genetics, immunology, and biotechnology. These techniques include the use of genetically engineered vectors, recombinant vaccines, and DNA vaccines. DNA vaccine technology provides significant protection against fish diseases. Targeting the construct and/or transgene to antigen-receptor cells is a promising way to improve the DNA vaccine’s effectiveness against other viral diseases. Molecular assemblies can be used to target dendritic cells (DC) and antigen-presenting cells (APC) in DNA vaccines, producing immune responses as a result. Another tactic is to encapsulate the DNA vaccine in specific carriers to increase transgene and MHC expression. The development of novel vaccines known as recombinant DNA-based vaccine or new-generation vaccines has made extensive use of R DNA technology. Recombinant immunogenic protein vaccines or epitopes purified from vectors carrying the gene of interest produced in prokaryotic or eukaryotic expression systems, peptide vaccines, live vaccines produced by defined genetic manipulations, and microbial vectors carrying gene coding for immunogenic protein and DNA vaccines are among the types of vaccines based on recombinant DNA technology that have been developed. Recombinant vaccines have the advantage of closely simulating naturally occurring infections, which aids in triggering a potent immune response in the treated fish. They can also be mass produced easily.

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

Based on vaccine type, the North America fish vaccines market is categorized into inactivated vaccines, live attenuated vaccines, subunit vaccines, recombinant vector vaccine, and others. The inactivated vaccines segment held 70.3% market share in 2022, amassing US$ 112.57 million. It is projected to garner US$ 190.71 million by 2030 to expand at 6.8% CAGR during 2022-2030.

Based on application, the North America fish vaccines market is categorized into bacterial infection, viral infection, and parasitic. The bacterial infection segment held 78.5% share of North America fish vaccines market in 2022, amassing US$ 125.85 million. It is projected to garner US$ 215.51 million by 2030 to expand at 7.0% CAGR during 2022-2030.

Based on route of administration, the North America fish vaccines market is categorized into injection vaccine, immersion vaccine, and oral vaccine. The injection vaccine segment held 57.8% share of North America fish vaccines market in 2022, amassing US$ 92.67 million. It is projected to garner US$ 154.63 million by 2030 to expand at 6.6% CAGR during 2022-2030.

Based on species, the North America fish vaccines market is categorized into salmon, trout, tilapia, and others. The salmon segment held 66.4% share of North America fish vaccines market in 2022, amassing US$ 106.31 million. It is projected to garner US$ 177.01 million by 2030 to expand at 6.6% CAGR during 2022-2030.

Based on country, the North America fish vaccines market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 84.2% share of North America fish vaccines market in 2022. It was assessed at US$ 134.85 million in 2022 and is likely to hit US$ 222.84 million by 2030, exhibiting a CAGR of 6.5% during 2022-2030.

Key players operating in the North America fish vaccines market are Elanco Animal Health Inc, Hipra SA, Merck & Co Inc., Phibro Animal Health Corp, Vaxxinova International BV, and Zoetis Inc., among others.

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

– In Mar 2020, HIPRA, the reference in prevention for Mediterranean aquaculture.

Table 1. North America 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. US Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 8. US Fish Vaccine Market, by Route of Administration- Revenue and Forecast to 2030 (US$ Thousand)
Table 9. US Fish Vaccine Market, by Species- Revenue and Forecast to 2030 (US$ Thousand)
Table 10. US Fish Vaccine Market, by Application- Revenue and Forecast to 2030 (US$ Thousand)
Table 11. Canada Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 12. Canada Fish Vaccine Market, by Route of Administration- Revenue and Forecast to 2030 (US$ Thousand)
Table 13. Canada Fish Vaccine Market, by Species- Revenue and Forecast to 2030 (US$ Thousand)
Table 14. Canada Fish Vaccine Market, by Application- Revenue and Forecast to 2030 (US$ Thousand)
Table 15. Mexico Fish Vaccine Market, by Vaccine Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 16. Mexico Fish Vaccine Market, by Route of Administration- Revenue and Forecast to 2030 (US$ Thousand)
Table 17. Mexico Fish Vaccine Market, by Species- Revenue and Forecast to 2030 (US$ Thousand)
Table 18. Mexico Fish Vaccine Market, by Application- Revenue and Forecast to 2030 (US$ Thousand)
Table 19. Recent Inorganic Growth Strategies in the Fish Vaccine Market
Table 20. Recent Organic Growth Strategies in Fish Vaccine Market
Table 21. Glossary of Terms, Fish Vaccine Market

Figure 1. North America Fish Vaccine Market Segmentation, By Country
Figure 2. North America Fish Vaccine Market – Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Fish Vaccine Market Revenue (US$ Th), 2022 – 2030
Figure 5. North America 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. North America 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. North America 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. North America: Fish Vaccine Market, by Key Country – Revenue (2022) (US$ Thousand)
Figure 25. North America Fish Vaccine Market, By Key Countries, 2022 and 2030 (%)
Figure 26. US Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 27. Canada Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 28. Mexico Fish Vaccine Market Revenue and Forecast to 2030 (US$ Th)
Figure 29. Growth Strategies in Fish Vaccine Market