This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Biothrax industry.
How has the biothrax market size changed in recent years, and what is the outlook ahead?
The biothrax market size has grown strongly in recent years. It will grow from $860 million in 2024 to $930 million in 2025 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to bioterrorism events, military and defense sector requirements, FDA approval for pre- and post-exposure use, stockpiling for public health emergencies, scientific breakthroughs in vaccine formulation.
The biothrax market size is expected to see strong growth in the next few years. It will grow to $1,300 million in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to rising bioterrorism concerns, increased government defense spending, expansion of global biodefense programs, advancements in vaccine technology, growing public health preparedness initiatives. Major trends in the forecast period include increased government and military investments, expansion of biodefense initiatives, improvement in vaccine delivery systems, rising awareness of bioterrorism risks, strategic partnerships and collaborations.
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What are the top economic and technological drivers pushing biothrax market growth?
Increasing consumption of meat is expected to drive the growth of the biothrax market going forward. Meat consumption is attributed to factors such as increasing urbanization, rising income levels, evolving dietary preferences, and cultural traditions emphasizing meat as a primary source of protein and nutrition. BioThrax is used to vaccinate livestock against anthrax, a disease that can spread through contaminated meat, thereby ensuring the safety of meat products and protecting public health from zoonotic disease outbreaks. For instance, in June 2023, according to a report published by the Food and Agriculture Organization of the United Nations (FAO), a US-based agency that specializes in promoting food security, sustainable agriculture, and rural development, global meat production rose from 356.9 million metric tons in 2021 to 363.9 million metric tons in 2023, reflecting a 1.96% increase. Specifically, global bovine meat production increased from 74.9 million metric tons in 2021 to 76.1 million metric tons in 2023. Thus, increasing consumption of meat is driving the growth of the biothrax market.
Impact of Growing Anthrax Prevalence on the Biothrax Market Growth
Growing prevalence of anthrax is expected to propel the growth of the biothrax market going forward. The prevalence of anthrax is primarily due to the presence of Bacillus anthracis spores in soil. Biothrax is a vaccine that helps prevent anthrax by stimulating the immune system to produce antibodies against Bacillus anthracis, providing protection against potential infection. For instance, in December 2023, according to the World Health Organization, a Switzerland-based intergovernmental organization, as of November 2023, Zambia reported 684 suspected human cases of anthrax, including four deaths, resulting in a case fatality ratio (CFR) of 0.6%. Thus, growing prevalence of anthrax is driving the growth of the biothrax market.
How is the biothrax market segmented by product, application, and end-user?
The biothrax market covered in this report is segmented –
1) By Type: Live Vaccines; Cell Free Protective Antigen Vaccines
2) By Clinical Indication: Pre-Exposure Prophylaxis; Post-Exposure Prophylaxis
3) By Application: Human Use; Animal Use
4) By End-User: Hospital; Clinics; Vaccination Centers; Other End-Users
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What evolving trends are creating new opportunities in the biothrax market?
The key trend in the biothrax market is focusing on strategic investments to enhance production capabilities, expand their geographic presence, and develop advanced anthrax vaccines. Strategic funding supports clinical trials and regulatory compliance, enabling companies to gain approvals in multiple countries. This expands the availability of vaccines to underserved regions. For instance, in January 2024, Emergent BioSolutions, a US-based biotech company, was awarded a significant contract worth up to $235.8 million by the U.S. Department of Defense (DoD) to supply BioThrax (Anthrax Vaccine Adsorbed) for military use. This contract underscores the ongoing need for effective anthrax vaccines within the U.S. military and reflects Emergent’s long-standing relationship with government agencies in providing biodefense solutions.
Which leading companies are dominating the biothrax market landscape?
Major companies operating in the biothrax market include Emergent Bio-Solutions
Which geographic areas are expected to offer the highest growth opportunities in thebiothrax market?
North America was the largest region in the biothrax market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biothrax market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Can Companies Use The Biothrax Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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