Middle East & Africa Aquaculture Vaccines Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type of Vaccine (Live Vaccine, Inactivated Vaccine, and Others), Species (Tilapia, Trout, Salmon, Shrimps, and Others), and Route of Administration (Injection Vaccines, Immersion Vaccines, and Oral Vaccines)
The Middle East & Africa aquaculture vaccines market is expected to grow from US$ 6.52 million in 2022 to US$ 12.82 million by 2028. It is estimated to grow at a CAGR of 11.9% from 2022 to 2028.
Development of Novel Vaccines is Driving the Middle East & Africa Aquaculture Vaccines Market
In recent years, aquaculture has attained a major economic revolution. Advancements in science have paved new avenues in basic and applied research areas for developing and designing novel and effective vaccines and improving existing vaccines for various infectious diseases. Recent developments in vaccines and vaccinology are done to discover new vaccine candidates to combat fish pathogens, including mycotic and parasitic agents, for which vaccines are still lacking. Therefore, novel vaccine developments are expected to boost for Middle East & Africa aquaculture vaccines market during the forecast period.
Middle East & Africa Aquaculture Vaccines Market Overview
The Middle East & Africa aquaculture vaccines market has been segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. The market factors, such as rising consumption of seafood, growing government efforts, and rising infectious diseases among aquatic animals, are expected to boost the growth of aquaculture vaccines over the forecast period. The UAE is a net importer of seafood, and the country imports up to 90% of its consumed foods. In 2020, the country's import of fish and seafood from the world was valued at US$637 million, while exports were valued at US$331 million. In the same year, India was the main fish and seafood supplier to the UAE, with 27.7% of the market share and imports valued at US$176.2 million. Thailand followed it with 9.8% and Vietnam with 7.8%. In 2020, the top commodities imported into the country were frozen shrimps and prawns, prepared/preserved tunas, fresh/chilled Atlantic salmon and Danube salmon, fresh/chilled Atlantic salmon, and frozen fish. Thus, the rising consumption of seafood and growing government efforts are likely to be the major factors driving the growth of the fisheries and aquaculture sector. In addition, the above-mentioned factors will fuel the aquaculture vaccines market in the forecast period.
Middle East & Africa Aquaculture Vaccines Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Aquaculture Vaccines Market Segmentation
The Middle East & Africa aquaculture vaccines market is segmented into type of vaccine, species, route of administration, and country.
Based on type of vaccine the Middle East & Africa aquaculture vaccines market, is segmented into live vaccines, inactivated vaccines, other vaccines. The inactivated vaccines segment held the largest market share in in 2022.
Based on species, the Middle East & Africa aquaculture vaccines market is divided into tilapia, trout, salmon, shrimps, and others. The salmon segment held the largest share of the market in 2022.
Based on route of administration the Middle East & Africa aquaculture vaccines market, is segmented into injection vaccines, immersions vaccines, and oral vaccines. The injection vaccines segment held the largest share of the market in 2022.
Based on country, the Middle East & Africa aquaculture vaccines market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the aquaculture vaccines market share in 2022.
Elanco Animal Health Inc; HIPRA SA; Merck & Co Inc.; Phibro Animal Health Corp; and Zoetis Inc.; are the leading companies operating in the Middle East & Africa aquaculture vaccines market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East Africa Aquaculture Vaccines Market – by Type of Vaccine
1.3.2 Middle East Africa Aquaculture Vaccines Market – by Species
1.3.3 Middle East Africa Aquaculture Vaccines Market – by Route of Administration
1.3.4 Middle East Africa Aquaculture Vaccines Market – by Country
2. Middle East Africa Aquaculture Vaccines Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East Africa Aquaculture Vaccines Market – Market Landscape
4.1 Overview
4.2 Middle East Africa PEST Analysis
4.3 Expert’s Opinion
5. Middle East Africa 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 – Middle East Africa Analysis
6.1 Middle East Africa: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
7. Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 – by Type of Vaccine
7.1 Overview
7.2 Middle East Africa Aquaculture Vaccines Market Revenue Share, by Type of Vaccine 2021 & 2028 (%)
7.3 Live Vaccines
7.3.1 Overview
7.3.2 Live Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Inactivated Vaccines
7.4.1 Overview
7.4.2 Inactivated Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Other Vaccines
7.5.1 Overview
7.5.2 Other Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East Africa Aquaculture Vaccines Market Analysis and Forecasts to 2028 – by Species
8.1 Overview
8.2 Middle East Africa Aquaculture Vaccines Market, by Species 2021 & 2028 (%)
8.3 Tilapia
8.3.1 Overview
8.3.2 Tilapia: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Trout
8.4.1 Overview
8.4.2 Trout: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Salmon
8.5.1 Overview
8.5.2 Salmon: Middle East Africa 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: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 – by Route of Administration
9.1 Overview
9.2 Middle East Africa Aquaculture Vaccines Market Revenue Share, by Route of Administration 2021 & 2028 (%)
9.3 Injection Vaccines
9.3.1 Overview
9.3.2 Injection Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Immersions Vaccines
9.4.1 Overview
9.4.2 Immersions Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Oral Vaccines
9.5.1 Overview
9.5.2 Oral Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10. Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 – Country Analysis
10.1 Overview
10.1.1 Middle East Africa: Aquaculture Vaccines Market, by Country, 2021 & 2028 (%)
10.1.1.1 UAE: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Overview
10.1.1.1.2 UAE: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.3 UAE: Aquaculture Vaccines Market, by Type of Vaccines, 2019–2028 (US$ Million)
10.1.1.1.4 UAE: Aquaculture Vaccines Market, by Species, 2019–2028 (US$ Million)
10.1.1.1.5 UAE: Aquaculture Vaccines Market, by Route of Administration, 2019–2028 (US$ Million)
10.1.1.2 Saudi Arabia: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Overview
10.1.1.2.2 Saudi Arabia: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.3 Saudi Arabia: Aquaculture Vaccines Market, by Type of Vaccines, 2019–2028 (US$ Million)
10.1.1.2.4 Saudi Arabia: Aquaculture Vaccines Market, by Species, 2019–2028 (US$ Million)
10.1.1.2.5 Saudi Arabia: Aquaculture Vaccines Market, by Route of Administration, 2019–2028 (US$ Million)
10.1.1.3 South Africa: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Overview
10.1.1.3.2 South Africa: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.3 South Africa: Aquaculture Vaccines Market, by Type of Vaccines, 2019–2028 (US$ Million)
10.1.1.3.4 South Africa: Aquaculture Vaccines Market, by Species, 2019–2028 (US$ Million)
10.1.1.3.5 South Africa: Aquaculture Vaccines Market, by Route of Administration, 2019–2028 (US$ Million)
10.1.1.4 Rest of Middle East Africa: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Overview
10.1.1.4.2 Rest of Middle East Africa: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.3 Rest of Middle East Africa: Aquaculture Vaccines Market, by Type of Vaccines, 2019–2028 (US$ Million)
10.1.1.4.4 Rest of Middle East Africa: Aquaculture Vaccines Market, by Species, 2019–2028 (US$ Million)
10.1.1.4.5 Rest of Middle East Africa: 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 HIPRA SA
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 Merck & Co Inc
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 Zoetis 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 Phibro Animal Health Corp
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 Elanco Animal Health Inc
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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. UAE Aquaculture Vaccines Market, by Type of Vaccines – Revenue and Forecast to 2028 (US$ Million)
Table 2. UAE Aquaculture Vaccines Market, by Species – Revenue and Forecast to 2028 (US$ Million)
Table 3. UAE Aquaculture Vaccines Market, by Route of Administration – Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia Aquaculture Vaccines Market, by Type of Vaccines – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Aquaculture Vaccines Market, by Species – Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Aquaculture Vaccines Market, by Route of Administration – Revenue and Forecast to 2028 (US$ Million)
Table 7. South Africa Aquaculture Vaccines Market, by Type of Vaccines – Revenue and Forecast to 2028 (US$ Million)
Table 8. South Africa Aquaculture Vaccines Market, by Species – Revenue and Forecast to 2028 (US$ Million)
Table 9. South Africa Aquaculture Vaccines Market, by Route of Administration – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of Middle East Africa Aquaculture Vaccines Market, by Type of Vaccines – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Middle East Africa Aquaculture Vaccines Market, by Species – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Middle East Africa Aquaculture Vaccines Market, by Route of Administration – Revenue and Forecast to 2028 (US$ Million)
Table 13. Recent Organic Growth Strategies in Aquaculture Vaccines Market
Table 14. Recent Inorganic Growth Strategies in the Aquaculture Vaccines Market
Table 15. Glossary of Terms
LIST OF FIGURES
Figure 1. Middle East Africa Aquaculture Vaccines Market Segmentation
Figure 2. Middle East Africa Aquaculture Vaccines Market, by Country
Figure 3. Middle East Africa Aquaculture Vaccines Market Overview
Figure 4. Inactivated Vaccine Segment Held Largest Share of Type Segment in Middle East Africa Aquaculture Vaccines Market
Figure 5. South Africa is Expected to Show Remarkable Growth During Forecast Period
Figure 6. Middle East Africa: PEST Analysis
Figure 7. Experts’ Opinion
Figure 8. Middle East Africa Aquaculture Vaccines Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Middle East Africa Aquaculture Vaccines Market Revenue Share, by Type of Vaccine 2021 & 2028 (%)
Figure 11. Live Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Inactivated Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Other Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Middle East Africa Aquaculture Vaccines Market, by Species 2021 & 2028 (%)
Figure 15. Tilapia: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Trout: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Salmon: Middle East Africa 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: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Middle East Africa Aquaculture Vaccines Market Revenue Share, by Route of Administration 2021 & 2028 (%)
Figure 21. Injection Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Immersions Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Oral Vaccines: Middle East Africa Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Middle East Africa: Aquaculture Vaccines Market, by Key Country – Revenue (2021) (US$ Million)
Figure 25. UAE: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Saudi Arabia: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. South Africa: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of Middle East Africa: Aquaculture Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Growth Strategies in Aquaculture Vaccines Market
- Elanco Animal Health Inc
- HIPRA SA
- Merck & Co Inc.
- Phibro Animal Health Corp
- Zoetis Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa aquaculture vaccines market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa aquaculture vaccines market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the aquaculture vaccines market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution