Report Overview

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Brazil Veterinary Vaccines Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Pet Ownership
         2. Growing Awareness of Animal Health
         3. Increasing Livestock and Poultry Production
      2. Restraints
         1. Vaccine Price Sensitivity
         2. Cold Chain Challenges
         3. Counterfeit Vaccines
      3. Opportunities
         1. Development of Novel Vaccines
         2. Focus on Preventative Healthcare
      4. Challenges
         1. Combating Counterfeit Vaccines
         2. Addressing Zoonotic Diseases
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Brazil Veterinary Vaccines Market: Marketing Strategies
5. Brazil Veterinary Vaccines Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Vaccine Type
         1. Livestock Vaccines
            1. Bovine Vaccines
            2. Poultry Vaccines
            3. Porcine Vaccines
            4. Other Livestock Vaccines
         2. Companion Animal Vaccines
            1. Canine Vaccines
            2. Feline Vaccines
            3. Equine Vaccines
         3. Others
      2. By Technology
         1. Live Attenuated Vaccines
         2. Inactivated Vaccines
         3. Toxoid Vaccines
         4. Recombinant Vaccines
         5. Others
      3. By Route of Administration
         1. Injection Vaccines
         2. Oral Vaccines
         3. Intranasal/Spray Vaccines
      4. By Distribution Channel
         1. Veterinary Hospitals
         2. Veterinary Clinics
         3. Retail Pharmacies
6.  Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Brazil Veterinary Vaccines Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
7. Impact of Escalating Geopolitical Tensions on Brazil Veterinary Vaccines Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Ourofino Saúde Animal
   2. Boehringer Ingelheim
   3. Zoetis
   4. MSD Saúde Animal (Merck Animal Health)
   5. Ceva Saúde Animal
   6. Hipra
   7. Biogenesis Bago
   8. Hertape Calier
   9. Virbac
   10. Agener União
   11. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       Brazil Veterinary Vaccines Segmentation      

Figure 2       Brazil Veterinary Vaccines Market Value Chain Analysis    

Figure 3       Company Market Share Analysis, 2023

Figure 4       Brazil Veterinary Vaccines Market Share, By Vaccine Type, By Value (USD Million), 2019–2030 

Figure 5       Brazil Veterinary Vaccines Market Share, By Technology, By Value, 2019–2030         

Figure 6       Brazil Veterinary Vaccines Market Share, By Route of Administration, By Value, 2019–2030          

Figure 7       Brazil Veterinary Vaccines Market Share, By Distribution Channel, By Value, 2019–2030

List of Tables

Table 1        Brazil Veterinary Vaccines Market Share, By Vaccine Type, By Value (USD Million), 2019–2030

Table 2        Brazil Veterinary Vaccines Market Share, By Technology, By Value, 2019–2030

Table 3        Brazil Veterinary Vaccines Market Share, By Route of Administration, By Value, 2019–2030

Table 4        Brazil Veterinary Vaccines Market Share, By Distribution Channel, By Value, 2019–2030

Table 5        Ourofino Saúde Animal Company Overview

Table 6        Ourofino Saúde Animal Financial Overview

Table 7        Boehringer Ingelheim Company Overview

Table 8        Boehringer Ingelheim Financial Overview

Table 9        Zoetis Company Overview

Table 10      Zoetis Financial Overview

Table 11      MSD Saúde Animal (Merck Animal Health) Company Overview

Table 12      MSD Saúde Animal (Merck Animal Health) Financial Overview

Table 13      Ceva Saúde Animal Company Overview

Table 14      Ceva Saúde Animal Financial Overview

Table 15      Hipra Company Overview

Table 16      Hipra Financial Overview

Table 17      Biogenesis Bago Company Overview

Table 18      Biogenesis Bago Financial Overview

Table 19      Hertape Calier Company Overview

Table 20      Hertape Calier Financial Overview

Table 21      Virbac Company Overview

Table 22      Virbac Financial Overview

Table 23      Agener União Company Overview

Table 24      Agener União Financial Overview

Table 25      Other Prominent Players Company Overview

Table 26      Other Prominent Players Financial Overview