Report Overview

A heightened focus on healthy livestock and poultry production and the growing awareness about animal health are expected to boost the growth of Brazil Veterinary Vaccines Market during the forecast period between 2024 and 2030.

Brazil Veterinary Vaccines Market - Industry Trends & Forecast Report, 2030

The Brazil Veterinary Vaccines Market size was estimated to be worth USD 416.66 million in 2023. During the forecast period between 2024 and 2030, the Brazil Veterinary Vaccines Market size is projected to grow at a CAGR of 4.21%, reaching a value of USD 539.12 million by 2030.

By volume, the Brazil Veterinary Vaccines Market size was estimated at 83.81 million units in 2023. During the forecast period between 2024 and 2030, the Brazil Veterinary Vaccines Market size is expected to expand at a CAGR of 4.55% reaching a volume of 88.93 million units by 2030.

Major growth factors for the Brazil Veterinary Vaccines Market include rising pet ownership and increasing prevalence of zoonotic diseases. The increasing livestock disease outbreak is prompting stringent government regulations that mandate vaccinations in animals, which is expected to drive the Brazil Veterinary Vaccines Market during the period in analysis.

Veterinary Vaccines – Overview

Vaccinations against veterinary diseases prevent the spread of several livestock illnesses, safeguarding both animal and human health. Vaccines against viruses that cause measles and bovine viral diarrhea, for example, can protect canines against distemper and pigs from classical swine fever, respectively. Animal vaccinations aid in eliciting an immune response without actually spreading the illness. As a result of the early exposure to pathogenic organisms, the animals' immune systems can remember the infectious agent against which they were vaccinated.

Brazil Veterinary Vaccines Market

Growth Drivers

Extensive R&D Programs for Animal Vaccines

The increasing prevalence of zoonotic diseases and rising awareness about animal health are boosting the demand for veterinary vaccines. However, diseases are increasingly becoming complex, and new types of diseases are emerging, which demands research for the development of innovative vaccines. As a result, various industry players in Brazil are significantly investing in the sector. For instance, researchers from the Department of Preventive Veterinary Medicine at the State University of Londrina, Brazil, announced their progress toward developing a vaccine against swine toxoplasmosis. Such developments are anticipated to present lucrative growth opportunities to the Brazil veterinary vaccines market over the forecast period.

Challenges

High Storage Cost of Veterinary Vaccines

The main problem that Brazilian producers of veterinary vaccines are facing along the whole supply chain is effective storage. Deep freezing is the primary method of low-temperature storage for vaccines, and it is important to keep the temperature low during storage and transit until the vaccine is given to animals. Vaccine waste and revaccination programs can result in thousands of dollars due to a single mistake in vaccine storage. These factors may act as major growth restraints for the Brazil Veterinary Vaccines Market.

Brazil Veterinary Vaccines Market

Segmental Coverage

Brazil Veterinary Vaccines Market – By Vaccine Type

Based on vaccine type, the Brazil Veterinary Vaccines Market is segmented into livestock vaccines, companion animal vaccines, and others. The companion animal vaccines segment accounts for the highest market share, owing to the rising pet ownership in the country. Brazil has the largest pet population in Latin America, with around 168 million pets in 2022, with dogs being the most popular pets among Brazilians. The increasing humanization of pets, the rising prevalence of zoonotic diseases, and increasing awareness surrounding pet health are driving the demand for companion animal vaccines in Brazil.

Brazil Veterinary Vaccines Market – By Technology

On the basis technology, the Brazil Veterinary Vaccines Market is segmented into live attenuated vaccines, inactivated vaccines, toxoid vaccines, recombinant vaccines, and others. The live attenuated vaccines segment holds the largest share in the Brazil Veterinary Vaccines Market. The live attenuated technology is prominently used in veterinary vaccines, as they can stimulate strong immune responses with weakened disease-causing viruses and bacteria. However, the recombinant vaccines segment is anticipated to grow at the highest rate over the forecast period, because of its lower associated risks of pathogenicity and targeted action.

Brazil Veterinary Vaccines Market – By Route of Administration

By the route of administration, the Brazil Veterinary Vaccines Market is segmented into injection vaccines, oral vaccines, and intranasal/spray vaccines. The injection vaccine accounts for the highest market share as it can easily bypass the liver’s first-pass metabolism. Moreover, injections prevent stomach deterioration by delivering the medication and vaccination straight into the bloodstream, where they are then distributed throughout the body. These injections are easy to use and safe, particularly for administering small doses of sensitive medicine.

Competitive Landscape

Major players operating in the Brazil Veterinary Vaccines Market include Ourofino Saúde Animal, Boehringer Ingelheim, Zoetis, MSD Saúde Animal (Merck Animal Health), Ceva Saúde Animal, Hipra, Biogenesis Bago, Hertape Calier, Virbac, and Agener União.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Vaccine Type

• Livestock Vaccines

1. Bovine Vaccines

2. Poultry Vaccines

3. Porcine Vaccines

4. Other Livestock Vaccines

• Companion Animal Vaccines

1. Canine Vaccines

2. Feline Vaccines

3. Equine Vaccines

• Others

By Technology

• Live Attenuated Vaccines

• Inactivated Vaccines

• Toxoid Vaccines

• Recombinant Vaccines

• Others

By Route of Administration

• Injection Vaccines

• Oral Vaccines

• Intranasal/Spray Vaccines

By Distribution Channel

• Veterinary Hospitals

• Veterinary Clinics

• Retail Pharmacies