Global Vaccine Adjuvants Market

Vaccine Adjuvants Market Size, Share, Growth Analysis, By Type(Pathogen-Based Adjuvants and Particulate Adjuvants), By Route of Administration(Intramuscular Route, and Intradermal Route), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35I2155 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 60 | Figures: 75

Vaccine Adjuvants Market Regional Insights

Due to the well-established healthcare system and significant investments in R&D, North America accounted for the highest share in the vaccine adjuvants market revenue in 2023. The region houses large industrial companies that feature a wide array of vaccine adjuvants, which are used in commercial as well as research-oriented fields. It has leading biotech and pharmaceutical firms, which foster innovation and make it relatively easier to produce compositions that work as adjuvants. In addition, continued technical advances in adjuvant mechanisms and vaccine delivery modalities for various disease applications are fueling growth in North America and ensuring strong public health plans and responses to emerging health risks. 

On the other hand, vaccine adjuvants market in Asia-Pacific is expected to experience a fasted CAGR during the forecast period. This developing number of people infected with infectious diseases coupled with the rising healthcare cost along with rapid advancement in scientific research directly paving the way toward vaccine research are some of the reasons driving the trend. The rise in infectious diseases, due to drugs and medicines, and chronic diseases, in countries such as China, India, and Southeast Asia is driving this demand for a potent adjuvant. Programs undertaken by the government, concerning public health awareness and increased vaccination coverage, are also supporting dynamic market growth in this region, making it a significant player in the global arena.

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Global Vaccine Adjuvants Market size was valued at USD 893.23 million in 2022 and is poised to grow from USD 1018.19 million in 2023 to USD 2902.45 million by 2031, growing at a CAGR of 13.99% in the forecast period (2024-2031).

Business diversity in developing and meeting the emergent demand for adjuvant products characterizes the global vaccine adjuvants market. Market players are investing considerable funds in R&D with a focus on increasing the safety and efficacy of adjuvants. In addition, firms often adopt partnerships, collaborations, and acquisitions as steps to boost their market position. The competitive environment increased the market competitiveness, and it has also grown overall because it encourages an ongoing attempt to upgrade the production techniques, create new adjuvant formulas, and new technology. 'CSL Limited (Australia)', 'GlaxoSmithKline plc (United Kingdom)', 'Novavax, Inc. (US)', 'SEPPIC (France)', 'Agenus Inc. (US)', 'InvivoGen (US)', 'Brenntag Biosector (Denmark)', 'Avanti Polar Lipids, Inc. (US)', 'Vaxine Pty Ltd. (Australia)', 'SPI Pharma (US)', 'OZ Biosciences (France)', 'CureVac AG (Germany)', 'Adjuvatis (France)', 'Advanced BioAdjuvants Corporation (US)', 'Adjuvance Technologies Inc. (US)', 'SDA Bio (Italy)', 'Bio Products Laboratory Ltd. (United Kingdom)', 'GSK Vaccines GmbH (Germany)', 'Mucosis B.V. (Netherlands)', 'NanoBio Corporation (US)'

The increased global health concerns brought by the COVID-19 pandemic and up need for higher levels of vaccinations, especially adjuvant-based. This is attributed to the requirements for an effective vaccination approach toward various infectious diseases and new emerging pathogens in preserving community immunity. Accordingly, the vaccine manufacturing continues to find ways to enhance vaccination potency by investing in the latest technology in adjuvant. 

Personalized Immunization Plans: One of the major and latest approaches observed in the vaccine adjuvants market is the shift toward customized vaccination strategies. Researchers have started to prepare specific vaccines depending on the uniqueness of every patient, such as genetic and immune system-specific differences. To phrase it simply, this approach seeks to further enhance the effectiveness of vaccinations, hence the outcomes of patients, by enabling a more efficient immunization strategy, which would involve specific adjuvants designed for various patients to deliver the most efficacious responses. 

Due to the well-established healthcare system and significant investments in R&D, North America accounted for the highest share in the vaccine adjuvants market revenue in 2023. The region houses large industrial companies that feature a wide array of vaccine adjuvants, which are used in commercial as well as research-oriented fields. It has leading biotech and pharmaceutical firms, which foster innovation and make it relatively easier to produce compositions that work as adjuvants. In addition, continued technical advances in adjuvant mechanisms and vaccine delivery modalities for various disease applications are fueling growth in North America and ensuring strong public health plans and responses to emerging health risks. 

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Global Vaccine Adjuvants Market

Report ID: SQMIG35I2155

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