The Middle East & Africa fish vaccines market was valued at US$ 17.54 million in 2022 and is expected to reach US$ 26.49 million by 2030; it is estimated to grow at a CAGR of 5.3% from 2022 to 2030.
Technological Advancements in Fish Vaccine Fuel the Middle East & Africa Fish Vaccines Market
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.
Middle East & Africa Fish Vaccines Market Overview
The Middle East & Africa fish 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 fish vaccines over the forecast period. The South African fish vaccine market is mainly driven by the increasing production volume of aquaculture in the country. As per the data provided by the World Bank, aquaculture production in South Africa was 9,753 tonnes in 2020, and it increased to 10,525 tonnes in 2021. In South Africa, the sector is dominated by abalone, trout, and mussel, acting as a supplement to the fishing sector. Good infrastructure, business institutions, supply chains, and a supportive aquaculture legislation framework are responsible for the demand for aquaculture in the country. As the aquaculture industry grows, the production of healthy fish also increases, which, in turn, fuels the growth of the fish vaccines market.
Middle East & Africa Fish Vaccines Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Fish Vaccines provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 17.54 Million |
Market Size by 2030 | US$ 26.49 Million |
Global CAGR (2022 - 2030) | 5.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Vaccine Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Fish Vaccines refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Elanco Animal Health Inc
2. Hipra SA
3. Merck & Co Inc.
4. Phibro Animal Health Corp
5. Vaxxinova International BV
6. Zoetis Inc.
The Middle East & Africa Fish Vaccines Market is valued at US$ 17.54 Million in 2022, it is projected to reach US$ 26.49 Million by 2030.
As per our report Middle East & Africa Fish Vaccines Market, the market size is valued at US$ 17.54 Million in 2022, projecting it to reach US$ 26.49 Million by 2030. This translates to a CAGR of approximately 5.3% during the forecast period.
The Middle East & Africa Fish Vaccines Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Fish Vaccines Market report:
The Middle East & Africa Fish Vaccines Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Fish Vaccines Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Fish Vaccines Market value chain can benefit from the information contained in a comprehensive market report.