Aquaculture Vaccines Market Size
The global aquaculture vaccines market size was valued at USD 407.4 million in 2024 and is estimated to grow at a CAGR of 8% from 2025 to 2034. The growth of the market is driven by the increasing global demand for seafood and the need for sustainable aquaculture practices.
As fish farming expands to meet dietary needs, the industry faces challenges such as disease outbreaks that can significantly impact productivity and profitability. Vaccination has emerged as a critical preventive measure to reduce reliance on antibiotics and minimize losses due to infectious diseases. Regulatory authorities and governments worldwide are promoting vaccination programs to ensure the health and welfare of farmed fish, further bolstering market growth.
Aquaculture Vaccines Market Report Attributes
Report Attribute |
Details |
Base Year: | 2024 |
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Aquaculture Vaccines Market Size in 2024: | USD 407.4 Million |
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Forecast Period: | 2025 - 2034 |
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Forecast Period 2025 - 2034 CAGR: | 8% |
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2034 Value Projection: | USD 862.8 Million |
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Historical Data for: | 2021 - 2023 |
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No. of Pages: | 135 |
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Tables, Charts & Figures: | 102 |
Segments covered: | Vaccine Type, Route of Administration, Application, Species, and Region |
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Growth Drivers: | - Surging prevalence of bacterial and viral infections
- Increasing aquaculture production across the globe
- Development and launch of new aquaculture vaccines
- Rising adoption of aquaculture vaccines over antibiotics
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Pitfalls & Challenges: | - Stringent regulatory policies for vaccine approval
- Complex vaccine development procedures
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Additionally, advancement in vaccine development technologies, including recombinant DNA and subunit vaccines, which enhance efficacy and reduce side effects, further boost the market growth. Moreover, the expansion of aquaculture in developing regions, where governments are investing in modern farming infrastructure, is expected to create new opportunities for vaccine manufacturers.
Aquaculture vaccines are biological preparations used to prevent and control infectious diseases in aquatic animals within the aquaculture industry. These vaccines help improve animal health, enhance production efficiency, and reduce the reliance on antibiotics, which supports sustainable aquaculture practices.
Aquaculture Vaccines Market Trends
Increasing aquaculture production will have a significant impact on demand for aquaculture vaccines.
- High growth in aquaculture activities is attributed to growing demand for seafood and canned seafood products. Sea food is rich source of micronutrients such as zinc, iron, and vitamin A along with protein that leads to high demand for seafood.
- For instance, as per the 2024 edition of The State of World Fisheries and Aquaculture (SOFIA), global fisheries and aquaculture production in 2022 surged to 223.2 million tonnes, a 4.4 percent increase from the year 2020. The report also stated that, in the period 1990–2020, total world aquaculture expanded by 609 percent in annual output with an average growth rate of 6.7 percent per year.
- Thus, with increase in aquaculture production to meet the growing demand, the need for the protection of farmed fishes from bacterial and virus infection is also rising.
- Additionally, increasing demand for safe and healthy seafood is one of the major factors propelling demand for aquaculture vaccines across the forecast timeframe.
Aquaculture Vaccines Market Analysis
Based on vaccine type, the global market is segmented into inactivated vaccine, live attenuated vaccine, subunit vaccine, and other vaccine types. The inactivated vaccine segment dominated the market and was valued at USD 302.6 million in 2024.
- The inactivated vaccine segment holds a significant market share in the aquaculture vaccine market, driven by its proven safety and efficacy in protecting fish populations against various bacterial and viral diseases.
- These vaccines, which use killed pathogens to stimulate an immune response, are highly preferred for their ability to provide long-lasting immunity without the risk of causing disease outbreaks.
- Moreover, inactivated vaccines are stable under field conditions and cost effective in nature. Also, this vaccine does not persist in the vaccinated fish or within the environment, thus they are safe in nature. Thus, owing to such factors, the inactivated vaccines will drive the market growth.
Based on the route of administration, the aquaculture vaccines market is categorized into injection vaccines, immersion and spray, and oral vaccines. The injection vaccines segment accounted for the highest market share of 60.8% in 2024.
- Injection vaccines are the most common method of vaccine delivery in fish and plays a key role in controlling and preventing the spread of bacterial and viral diseases in aquaculture farming.
- These vaccines allow direct delivery of antigen into the body cavity or muscle, thereby allowing the direct stimulation of systematic immune response. Thus, greater ability of injection vaccines to prevent several bacterial and viral infectious as compared to other route of administration is expected to spur the segmental growth.
Based on the application, the global aquaculture vaccines market is categorized into bacterial, viral, parasitic, and combined. The bacterial segment dominated the market in 2024 and is anticipated to reach USD 430.4 million by 2034.
- High segmental share can be attributed to the growing prevalence of bacterial infections in farmed fish and shellfish. Diseases such as Aeromonas and Vibrio infections are major concerns in aquaculture, as they can cause severe economic losses due to high mortality rates and reduced productivity.
- Additionally, the development of advanced bacterial vaccines, including multivalent and recombinant formulations, has enhanced disease prevention strategies, contributing to the segment's dominance.
- Moreover, rising demand for sustainable and antibiotic-free aquaculture practices has further boosted the adoption of bacterial vaccines, as they offer effective protection while minimizing the risk of antimicrobial resistance.
Based on species, the aquaculture vaccines market is segmented into salmon, trout, tilapia, seabass, seabream, turbot, carp, and other species. The salmon segment is expected to grow at 8.1% CAGR over the analysis period.
- Aquaculture vaccines intended for salmon is expected to exhibit high demand over the forecast timeframe due to its high commercial value and widespread cultivation.
- The increasing prevalence of diseases like Infectious Salmon Anemia (ISA), Pancreatic Disease (PD), and Salmonid Rickettsial Septicaemia (SRS) has driven the demand for effective vaccines to ensure healthy yields and minimize economic losses.
- Additionally, the focus on sustainable aquaculture practices and stringent regulations on antibiotic use have further propelled vaccine adoption.
- Furthermore, growing demand for fish protein will add more pressure on the wild fish reserve, thus leading to growth in salmon aquaculture business.
The European region dominates the aquaculture vaccines industry. In 2024, the Norway held a significant position in the European aquaculture vaccines market and was valued at USD 85.4 million.
- The dominance and growth of Norway market is driven by its robust aquaculture industry, particularly in salmon farming.
- For instance, in 2022, Norway’s aquaculture production surpassed that of the whole of the Europe, with 1.6 million tonnes of aquatic organisms produced, most of which was salmon.
- Thus, as one of the largest producers of farmed salmon, Norway's focus on maintaining the health of its fish populations has led to a high demand for vaccines that prevent diseases and improve fish welfare.
The aquaculture vaccines market in Asia Pacific is estimated to grow at a CAGR of 8.6% over the next few years.
- The Asia Pacific region is experiencing significant growth in the market, driven by the increasing demand for sustainable aquaculture practices and the rising prevalence of fish diseases. Countries like China, India, and Vietnam are key contributors to this growth, owing to their large aquaculture industries and government initiatives promoting fish health management.
- Additionally, growing investments in research and development, along with supportive regulatory frameworks, are further accelerating the market's expansion in the region.
China is expected to grow significantly during the forecast period.
- Increasing disease outbreaks in farmed fish and shellfish have highlighted the need for effective disease management, boosting the demand for aquaculture vaccines in the country.
- The Chinese government’s strong support for sustainable aquaculture practices, including the reduction of antibiotics use, further accelerates vaccine adoption.
Brazil's aquaculture vaccines market is projected to witness growth in coming years.
- Brazil is experiencing significant growth in the aquaculture vaccine market, driven by the rapid expansion of its aquaculture industry and increasing demand for sustainable fish farming practices.
- As one of the largest producers of tilapia and other aquaculture species in Latin America, Brazil faces growing concerns about disease outbreaks that can impact productivity and export potential. This has led to a surge in the adoption of advanced vaccines to ensure fish health and improve yields.
- Additionally, increasing awareness among fish farmers about the economic benefits of preventive healthcare over antibiotic use is boosting the demand for aquaculture vaccines in the country.
Egypt is anticipated to grow in the Middle East and African aquaculture vaccines market.
- Egypt is experiencing significant growth in the aquaculture vaccine market, driven by its rapidly expanding aquaculture industry.
- As one of the leading aquaculture producers in Africa, Egypt has been increasingly focusing on disease prevention and control to boost fish production and ensure sustainable practices.
- Additionally, government initiatives promoting aquaculture health management, coupled with investments in research and development, are further propelling the market.
Aquaculture Vaccines Market Share
The competitive landscape of the market is characterized by a mix of well-established multinational companies and specialized players, all vying for market share in an industry driven by increasing demand for sustainable seafood production and the need for disease prevention in fish farming. Key players in the market include global biotechnology firms such as Merck Animal Health, and Zoetis, which offer a range of vaccines targeting common aquaculture diseases.
Additionally, regional players also contribute to market competition with tailored vaccine solutions suited for specific geographical needs. Collaboration between academia, industry, and government bodies is also a critical factor that impacts innovation and product development, as aquaculture vaccine companies aim to meet the evolving challenges of disease management in aquaculture systems.
Aquaculture Vaccines Market Companies
Few of the prominent players operating in the aquaculture vaccines industry include:
- CIBA
- HIPRA
- Kyoto Biken Laboratories
- Kemin Industries
- Kyoritsuseiyaku Corporation
- Merck Animal Health (Merck & Co.)
- Nisseiken
- Phibro Animal Health Corporation
- Tecnovax
- Virbac
- Veterquimica
- Vaxxinova International
- Zoetis
Aquaculture Vaccines Industry News
- In August 2024, ICAR-Central Institute of Brackishwater Aquaculture (ICAR-CIBA), Chennai signed a partnership agreement with Indian Immunologicals Limited, Hyderabad for the commercial development of CIBA vaccine “Nodavac-R” against viral nervous necrosis in finfishes. This collaboration significantly enhances CIBA's role in advancing aquaculture health solutions, contributing to both scientific innovation and economic growth within the sector.
- In July 2024, Merck Animal Health completed the acquisition of the aqua business of Elanco Animal Health Incorporated. The completion of this acquisition bolsters Merck Animal Health’s position in the aqua industry with a comprehensive approach to promote fish health, welfare and sustainability in aquaculture, conservation, and fisheries.
The aquaculture vaccines market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:
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Market, By Vaccine Type
- Inactivated vaccine
- Live attenuated vaccine
- Subunit vaccine
- Other vaccine types
Market, By Route of Administration
- Injection vaccines
- Immersion and spray
- Oral vaccines
Market, By Application
- Bacterial
- Viral
- Parasitic
- Combined
Market, By Species
- Salmon
- Trout
- Tilapia
- Seabass
- Seabream
- Turbot
- Carp
- Other species
The above information is provided for the following regions and countries:
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Norway
- Ireland
- Turkey
- Denmark
- Asia Pacific
- China
- India
- Indonesia
- Philippines
- Thailand
- Vietnam
- Australia
- New Zealand
- Latin America
- Middle East and Africa