Global Vaccine Adjuvants Market Size, Share, and COVID-19 Impact Analysis, By Type (Pathogen Component, Particulate Adjuvants, Others), By Route of Administration (Oral, Intramuscular, Subcutaneous, Intradermal), By Application (Research Application, Commercial Application), By End-User (Pediatric, Adult), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Industry: HealthcareGlobal Vaccine Adjuvants Market Insights Forecasts to 2033
- The Global Vaccine Adjuvants Market Size was Valued at USD 1.03 Billion in 2023
- The Market Size is Growing at a CAGR of 3.9% from 2023 to 2033
- The Worldwide Vaccine Adjuvants Market Size is Expected to Reach USD 1.51 Billion by 2033
- Asia-Pacific is Expected to Grow the fastest during the forecast period.
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The Global Vaccine Adjuvants Market Size is Anticipated to Exceed USD 1.51 Billion by 2033, Growing at a CAGR of 3.9% from 2023 to 2033.
Market Overview
A vaccine adjuvant is any ingredient that is mixed with a vaccine to enhance the vaccine's immunological response. Vaccine adjuvants enhance the immune response in vaccines, reducing antigen doses, minimizing vaccination sessions, and enhancing antigen stability. Common adjuvants include aluminum salts like aluminum hydroxide and aluminum phosphate, known for their effectiveness in licensed vaccines. Adjuvants enhance vaccination effectiveness by stimulating the immune system towards antigens. They activate B and T cells, which differentiate into memory B cells or plasma cells. Adjuvants can modulate the magnitude and type of T helper cell response, influencing the vaccine's immune response. The rise in life-threatening diseases like cervical cancer, HPV, HIV, and tuberculosis has increased the demand for adjuvants to enhance vaccine efficacy. The focus is on developing long-lasting vaccines to combat existing and emerging diseases. Adjuvant research is crucial in vaccine development, as innovative antigens often lack immunogenicity. Market growth is also attributed to the increasing use of recombinant and synthetic vaccines, as innovative vaccine antigens often exhibit inadequate immunogenicity. Modern technologies like nanotechnology and molecular biology have made significant contributions to the manufacture of both antigen and adjuvant components, hence increasing vaccine effectiveness. Microparticles, emulsions, and immune stimulators are increasingly gaining attention due to their huge potential in vaccine development.
Report Coverage
This research report categorizes the market for the global vaccine adjuvants market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global vaccine adjuvants market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global vaccine adjuvants market.
Global Vaccine Adjuvants Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 1.03 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 3.9% |
2033 Value Projection: | USD 1.51 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Route of Administration, By Application, By End-User, By Region |
Companies covered:: | SPI Pharma, Inc., InvivoGen, Dynavax Technologies Corporation, Brenntag Biosector, Croda International Plc, Agenus Inc., Novovax, GlaxoSmithKline plc, Merck KGaA, Merck KGaA, TjKaiwei, OZ Biosciences, Adjuvatis, Aurorium, SEPPIC, and Others Key Vendors |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
Increasing the number of infectious diseases is a significant factor for propelling the global vaccine adjuvants market during the forecast period. The rising prevalence of infectious diseases, particularly those caused by novel and re-emerging microbes, has increased the demand for effective vaccines. Thus, vaccine adjuvants are critical for enhancing immunization efficacy, providing increased potency and powerful protection against infections. Infectious diseases, including influenza, tuberculosis, cholera, polio, measles, malaria, and HIV, have become more common. Rising incidences are exerting pressure on vaccine production because more vaccinations are needed to cure such contagious diseases, resulting in increased demand for adjuvants. Rising demand for vaccinations, advancements in biotechnology, an increasing number of people suffering from infectious diseases, government funding, and increased R&D expenditure are the primary forces impacting vaccine adjuvants market expansion. Hence, these factors are significant growth of the global vaccine adjuvants market during the forecast period.
Restraining Factors
Adjuvant vaccines face strict regulatory scrutiny due to their role in immune response and safety. Complex approval processes can delay the market and increase costs. Safety concerns can erode public trust, so effectively communicating the vaccine's safety profile is crucial for market adoption. Hence, these factors may hamper the market growth of the global vaccine adjuvants market during the forecast period.
Market Segmentation
The global vaccine adjuvants market share is classified into type, route of administration, application, and end-user.
- The particulate adjuvants segment is expected to hold the largest share of the global vaccine adjuvants market during the forecast period.
Based on the type, the global vaccine adjuvants market is categorized into pathogen component, particulate adjuvants, and others. Among these, the particulate adjuvants segment is expected to hold the largest share of the global vaccine adjuvants market during the forecast period. The segmental growth can be attributed to factors include an increase in the prevalence of illnesses such as allergies, cancer, and HIV/AIDS, improved vaccine immunization, and a growing need for innovative treatment options.
- The intramuscular segment is expected to grow at the fastest CAGR during the forecast period.
Based on the route of administration, the global vaccine adjuvants market is categorized into oral, intramuscular, subcutaneous, and intradermal. Among these, the intramuscular segment is expected to grow at the fastest CAGR during the forecast period. The growth can be attributed to with an increasing elderly population and vaccines for improved immunization, the intramuscular sector is propelling the market. Increased demand for personalized medicines and improved diagnostic facilities, resulting in more efficient and targeted therapies. Thus, the segment is expected to grow at the fastest CAGR during the forecast period.
- The commercial application segment is expected to hold a significant share of the global vaccine adjuvants market during the forecast period.
Based on the application, the global vaccine adjuvants market is categorized into research application and commercial application. Among these, the commercial application segment is expected to hold a significant share of the global vaccine adjuvant market during the forecast period. The segmental growth can be attributed to the government approval of various types of adjuvants for vaccine production, resulting in increased demand for adjuvants to boost immune response. Greater adoption of vaccine adjuvant technology across a wide range of applications, as well as favorable government policies, are driving market expansion.
- The pediatric segment is expected to hold a significant share of the global vaccine adjuvants market during the forecast period.
Based on the end-user, the global vaccine adjuvants market is categorized into pediatric and adult. Among these, the pediatric segment is expected to hold a significant share of the global vaccine adjuvants market during the forecast period. The segmental growth can be attributed to the need for effective vaccines and adjuvants to improve the immune response in pediatric populations. The growing public's understanding of immunization's significance, particularly in pediatric patients, is increasing in the demand for pediatric vaccines and vaccine adjuvants market.
Regional Segment Analysis of the Global Vaccine Adjuvants Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the global vaccine adjuvants market over the predicted timeframe.
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North America is projected to hold the largest share of the global vaccine adjuvants market over the forecast period. The regional growth can be attributed to excellent healthcare infrastructure, significant investments in R&D, and the presence of major industry players producing vaccine adjuvants, owing to its commercial and research-based high adoption. Continuous advances in technology for different disease applications have helped to drive market expansion in the region. The United States, with its robust healthcare infrastructure and government initiatives, is experiencing a significant increase in the demand for vaccines due to its large population and high travel influx. Strategic decisions such as agreements and partnerships amongst key industry players for vaccine research & development help to expand the market in the region.
Asia-Pacific is expected to grow at the fastest CAGR growth of the global vaccine adjuvants market during the forecast period. The growth can be attributed to a rise in population suffering from infectious diseases, growing healthcare costs, and rapid advances in technology that significantly contribute to market expansion. Increasing demand for vaccines and vaccine adjuvants to combat infectious diseases.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global vaccine adjuvants market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- SPI Pharma, Inc.
- InvivoGen
- Dynavax Technologies Corporation
- Brenntag Biosector
- Croda International Plc
- Agenus Inc.
- Novovax
- GlaxoSmithKline plc
- Merck KGaA
- Merck KGaA
- TjKaiwei
- OZ Biosciences
- Adjuvatis
- Aurorium
- SEPPIC
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In October 2023, Seppic announces the launch of its new Montanide ISA 51 adjuvant, an oil-in-water emulsion that has been shown to enhance the efficacy of vaccines. Montanide ISA 51 is presently in clinical development for a number of vaccines, including malaria and pneumococcal vaccines. Soligenix announces the launch of its new Ribi adjuvant, a synthetic toll-like receptor 4 (TLR4) agonist that has been shown to enhance the efficacy of vaccines. Ribi is presently in clinical development for a variety of vaccines, including HIV vaccines & hepatitis B vaccines. 3M announces the launch of its the new 3M Adjuvant System is a next-generation adjuvant that has been showed to enhanced vaccine efficacy. The 3M Adjuvant System is now being clinically developed for a range of vaccinations, including COVID-19 and influenza vaccines.
- In Oct 2022, GSK obtained affinivax, a Cambridge-based clinical-stage biopharmaceutical firm that is developing a unique class of vaccines, including the most advanced next-generation pneumococcal vaccine.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global vaccine adjuvants market based on the below-mentioned segments:
Global Vaccine Adjuvants Market, By Type
- Pathogen Component
- Particulate Adjuvants
- Others
Global Vaccine Adjuvants Market, By Route of Administration
- Oral
- Intramuscular
- Subcutaneous
- Intradermal
Global Vaccine Adjuvants Market, By Application
- Research Application
- Commercial Application
Global Vaccine Adjuvants Market, By End-User
- Pediatric
- Adult
Global Vaccine Adjuvants Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the global vaccine adjuvants market over the forecast period?The global vaccine adjuvants market is projected to expand at a CAGR of 3.9% during the forecast period.
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2. What is the projected market size & growth rate of the global vaccine adjuvants market?The global vaccine adjuvants market was valued at USD 1.03 Billion in 2023 and is projected to reach USD 1.51 Billion by 2033, growing at a CAGR of 3.9% from 2023 to 2033.
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3. Which region is expected to hold the highest share in the global vaccine adjuvants market?The North America region is expected to hold the highest share of the global vaccine adjuvants market.
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