Global Influenza Vaccine Market Size, Share, Opportunities, And Trends By Vaccine Technology (Trivalent, Quadrivalent), By End-User (Children, Adolescents, Adults, Elderly), And By Geography - Forecasts From 2025 To 2030

Influenza Vaccine Market Size:

The Global Influenza Vaccine Market is expected to grow from US$7.695 billion in 2025 to US$11.198 billion in 2030, at a CAGR of 7.79%.

Influenza is a viral infection that affects the respiratory system and is caused by the flu virus. The influenza virus is infectious and spreads by respiratory droplets. It can also be passed from one person to another through conversation or physical touch. The influenza virus is constantly spreading, resulting in regional epidemics and outbreaks that kill thousands of people. Healthcare organizations like the Centers for Disease Control and Prevention (CDC) around the world are using vaccines like baloxavir marboxil (Xofluza) to treat the flu caused by the influenza virus. The rising prevalence of Sars-cov-2 across the globe and the rising investments in research and development to develop a vaccine that can fight against the COVID-19 virus are expected to drive the influenza vaccine market during the forecast period. According to the World Health Organization, annual influenza epidemics are estimated to severely affect 3-5 million people and cause 290k to 650k respiratory deaths. The growing geriatric population across the globe is also expected to increase the demand for influenza vaccines as people aged over 60 years are at greater risk of severe disease or health complications caused by the influenza virus.

Influenza Vaccine Market Trends:

Diabetes, cancer, anemia, obesity, immune deficiencies, human immunodeficiency virus (HIV), metabolic diseases, kidney disease, neurological disorders, and chronic heart and lung disorders like bronchopulmonary dysplasia, cystic fibrosis, and asthma are all increasing the risk of contracting influenza. This is a significant role in the market's expansion. Furthermore, children under the age of five are at a higher risk of developing complications such as high fever, seizures, and pneumonia. This, together with increased parental concerns about their children's health, is impacting influenza vaccine demand in a good way. Growing awareness about the medication and prevention of influenza and an increasing number of government initiatives will further drive the growth of the market in the coming years.

Influenza Vaccine Market Growth Factor:

• The rising prevalence of influenza and the growing influenza vaccination drive

The center for Disease Control and  Prevention has estimated the number of people who fall ill because of the flu and calculated that around 9 to 41 million people were severely ill because of the flu caused by the influenza virus.  About 140,000 – 710,000 people were hospitalized due to health-related complications caused by the influenza virus, and 12,000 – 52,000 deaths occurred annually between 2010 and 2020. The COVID-19 pandemic caused millions of deaths globally, and researchers and pharmaceutical companies around the world are making efforts to develop a safe and effective vaccine that can fight against the Sars-cov-2 virus due to which biotech companies around the world are investing in their R & D to develop an effective vaccine that will further drive the influenza vaccination market in the coming years. Pharmaceutical and biotech companies around the world have developed various vaccines that are found to be effective in the fight against covid-19. For example- BioNTech, in partnership with pharmaceutical giant Pfizer, has developed a COVID-19 vaccine, “Pfizer-BioNTech” which has an efficacy rate of over 90 percent. The research and development process in manufacturing the vaccine is accelerating. WHO and its partners are making efforts to accelerate the development of COVID-19 vaccines by maintaining all the safety standards. India, the largest producer of vaccines, is planning to produce 5 billion doses of COVID-19 vaccines by the year 2022, which is expected to drive the influenza vaccine market across the country.

Influenza Vaccine Market Competitive Insights:

The increasing global demand for coupled inductors has led to the entry of several new players in the global influenza vaccine market.  To increase their clientele as well as increase their market share in the upcoming years, many of these market players have taken various strategic actions like partnerships and the development of novel solutions, which are expected to keep the market competitive and constantly evolving. Major market players like Seqirus, GlaxoSmithKline PLC,  and Sanofi Pasteur SA, among others, have been covered along with their relative competitive strategies. The report also mentions recent deals and investments by different market players over the last few years.

Influenza Vaccine Market Scope:

The influenza vaccine market is analyzed into the following segments:

• By Vaccine Technology
  • Trivalent
  • Quadrivalent
• By End-User
  • Children
  • Adolescents
  • Adults
  • Elderly
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Israel
    • Saudi Arabia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

Seqirus

GlaxoSmithKline plc.

Sanofi Pasteur SA.

Novavax, Inc.

Emergent BioSolutions Inc.

CSL Limited

Pfizer Limited

Gamma Vaccines Pty Ltd

Moderna,Inc.

F. Hoffmann-La Roche Ltd