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 Insights

Vaccine Adjuvants Market size was valued at USD 1018.19 Million in 2023 and is poised to grow from USD 1160.63 Million in 2024 to USD 3308.5 Million by 2032, growing at a CAGR of 13.99% during the forecast period (2025-2032).

An increase in infectious diseases is the overall thrust for the vaccine adjuvants market, which is on the rise. Increased incidence of infectious diseases caused by newly and reemerging microbes makes vaccination more effective against these diseases, thereby resulting in increased demand for vaccinations. Hence, adjuvants assume importance in amplifying immunization efficacy as they render shots stronger as well as a robust defense against infections. For instance, more attention is being given to the aspect of immunization as a primary route to preventing diseases in this upward trend in preventive care all over the world, especially in the wake of the COVID-19 pandemic. This can be attributed to the fact that there is a push towards preventive health care. The immune system identifies certain molecules as alien bodies and attacks them. The molecules referred to here are known as antigens. The adjuvants could provide persistence of the antigen at the injection site, activate the cells of immunity, and modulate the immune response to stimulate a more potent and prolonged response in other ways of stimulation of the immune system. The advancements in R&D in vaccination led to an accumulation of a larger number of innovative vaccines targeting various diseases meant for curing. More vaccine candidates are currently being developed, thereby increasing the demand for adjuvants to enhance the efficacy of vaccines. The market opportunity for vaccine adjuvants is thus expanding.

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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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