Global Influenza Vaccines Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Inactivated and Live Attenuated

By Valency;

Trivalent Vaccines, and Quadrivalent Vaccines

By Virus Type;

Influenza Virus Type A and Influenza Virus Type B

By Route Of Administration;

Injection and Nasal Spray

By Technology;

Egg-Based Flu Vaccines, Cell Culture-Based Flu Vaccines, and Recombinant Flu Vaccines

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn151504385 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Influenza Vaccines Market (USD Million), 2021 - 2031

Influenza Vaccines Market was valued at USD 6,483.42 million in the year 2024. The size of this market is expected to increase to USD 10,128.25 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.


Global Influenza Vaccines Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.6 %
Market Size (2024)USD 6,483.42 Million
Market Size (2031)USD 10,128.25 Million
Market ConcentrationMedium
Report Pages327
6,483.42
2024
10,128.25
2031

Major Players

  • Pfizer Inc
  • Sanofi
  • GlaxoSmithKline (GSK)
  • AstraZeneca
  • Merck & Co Inc
  • Novartis AG
  • Roche Holding AG
  • Seqirus (CSL Limited)
  • Johnson & Johnson
  • Daiichi Sankyo Company Limited
  • Sanofi-GSK

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Influenza Vaccines Market

Fragmented - Highly competitive market without dominant players


The Influenza Vaccines Market is growing steadily as health systems respond to both seasonal flu threats and the potential for pandemics. With influenza affecting a significant portion of the population, there’s an increasing emphasis on routine immunization programs. Over 70% of medical professionals now advocate for annual flu vaccination, underlining the critical role vaccines play in reducing infection rates and complications.

Innovation Driving Product Enhancement
Technological progress in vaccine development is reshaping the market landscape. Recombinant DNA techniques and cell culture methods now account for around 35% of vaccine production, delivering improved effectiveness and safety. These advances allow manufacturers to respond more quickly to virus mutations, supporting the shift toward next-generation flu vaccines.

Policy Support Strengthening Market Expansion
Government initiatives remain central to market expansion, with more than 40% of flu vaccines distributed through publicly funded health programs. Regulatory authorities continue to implement and revise national immunization strategies.

Sustained Growth Driven by R&D Efforts
The market outlook remains positive, fueled by active research and innovation. Almost 50% of infectious disease vaccine R&D pipelines are focused on influenza, demonstrating strong commitment to prevention. As investment in vaccine science and public health infrastructure increases, the influenza vaccines market is poised for durable growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Valency
    3. Market Snapshot, By Virus Type
    4. Market Snapshot, By Route Of Administration
    5. Market Snapshot, By Technology
    6. Market Snapshot, By Region
  4. Global Influenza Vaccines Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Widespread Use of Influenza Vaccines

        2. Seasonal Administration of Flu Shots

        3. Focus on Flu Prevention Strategies

      2. Restraints
        1. Rising Concerns Over Vaccine Hesitancy

        2. Complex Vaccine Manufacturing Challenges

        3. Limited Global Vaccine Accessibility

      3. Opportunities
        1. Growth Opportunities in Emerging Markets

        2. Advancements in Vaccine Technologies

        3. Broadened Vaccine Target Population

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Influenza Vaccines Market, By Type, 2021 - 2031 (USD Million)
      1. Inactivated
      2. Live Attenuated
    2. Global Influenza Vaccines Market, By Valency, 2021 - 2031 (USD Million)
      1. Trivalent Vaccines
      2. Quadrivalent Vaccines
    3. Global Influenza Vaccines Market, By Virus Type, 2021 - 2031 (USD Million)
      1. Influenza Virus Type A
      2. Influenza Virus Type B
    4. Global Influenza Vaccines Market, By Route Of Administration, 2021 - 2031 (USD Million)
      1. Injection
      2. Nasal Spray
    5. Global Influenza Vaccines Market, By Technology, 2021 - 2031 (USD Million)
      1. Egg-Based Flu Vaccines
      2. Cell Culture-Based Flu Vaccines
      3. Recombinant Flu Vaccines
    6. Global Influenza Vaccines Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pfizer Inc
      2. Sanofi
      3. GlaxoSmithKline (GSK)
      4. AstraZeneca
      5. Merck & Co Inc
      6. Novartis AG
      7. Roche Holding AG
      8. Seqirus (CSL Limited)
      9. Johnson & Johnson
      10. Daiichi Sankyo Company Limited
      11. Sanofi-GSK
  7. Analyst Views
  8. Future Outlook of the Market