Vaccine Adjuvants Market Set to Soar Past USD 2.90 Billion by 2030
The global Vaccine Adjuvants market size is expected to reach USD 2.90 billion by 2030 and exhibit a CAGR of 11.9% in the forecast period (2023−2030), according to Skyquest’s latest research report. The vaccine innovation and development, growing prevalence of infectious diseases, increasing global vaccination initiatives, demand for enhanced vaccine efficacy, advancements in immunology research, expanded use of recombinant vaccines, rising awareness of preventive healthcare, regulatory support for vaccine adjuvants, population growth, and the need for vaccine dose sparing is fueling the market’s growth.
Westford, USA, Jan. 25, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Vaccine Adjuvants Market, adoption of synthetic adjuvants, personalized medicine in vaccine development, focus on mRNA and nucleic acid vaccines, advancements in nanotechnology for adjuvant delivery, combination adjuvant strategies, development of thermo-stable adjuvants for global distribution, research in immune modulation, utilization of plant-based adjuvants, expanding applications in oncology vaccines, and the exploration of digital technologies for adjuvant development and distribution, are the trends that aid in the market’s growth.
Browse in-depth TOC on “Vaccine Adjuvants Market”
- Pages – 157
- Tables – 60
- Figures – 75
A vaccine adjuvant is a substance that is added to a vaccine to enhance its effectiveness. Adjuvants work by stimulating the immune system to produce a stronger response to the vaccine. This can lead to better protection against the disease that the vaccine is intended to prevent.
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Prominent Players in Vaccine Adjuvants Market
- Dynavax Technologies
- Seqirus
- Novavax
- GlaxoSmithKline
- Merck
- Sanofi
- CSL
- AstraZeneca
- Johnson & Johnson
- Croda International
- Seppic
- Agenus
- Phibro Animal Health
- Aurorium
- Vaxine
- Hawaii Biotech
- SPI Pharma
- InvivoGen
- Allergy Therapeutics
- EuBiologics
- Pacific GeneTech
- Riboxx
- CaPtivate Pharmaceuticals
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TLR (Toll-Like Receptor) Demand to Grow Substantially in the Forecast Period
TLR (Toll-Like Receptor) dominates the global online market as they are highly immunostimulatory, effectively enhancing the immune response to vaccines. They activate the innate immune system, promoting both humoral and cellular immune responses, which is crucial for robust vaccine efficacy.
Infectious Disease Vaccines is the Leading Application Segment
In terms of application, the Infectious disease vaccines is the leading segment as the emergence and re-emergence of infectious diseases require swift vaccine development and deployment. Vaccine adjuvants help expedite the development of effective vaccines and improve immune responses. Governments and international organizations are actively promoting vaccination initiatives to prevent the spread of infectious diseases. Vaccine adjuvants are integral in these efforts to ensure that vaccines are highly effective.
North America is the leading Market Due to the Technological Advancements
Region-wise, North America is one of the largest growing markets with a huge emphasis on technological advancements. The region is home to many leading pharmaceutical and biotechnology companies actively involved in vaccine development. These companies often use vaccine adjuvants to enhance the efficacy of their products.
A recent report thoroughly analyzes the major players operating within the Vaccine Adjuvants market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Vaccine Adjuvants.
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Key Developments in Vaccine Adjuvants Market
- In May 2023, The International AIDS Vaccine Initiative (IAVI) and Aridis Pharmaceuticals Inc. announced a partnership to develop an adjuvanted HIV vaccine candidate using Aridis’ broadly neutralizing antibody (bNAb) platform.
- In April 2023, GeneOne Life Science Inc. and Genexine Inc. formed a joint venture, GV Vaccines, to develop and commercialize DNA-based vaccines and adjuvants for various infectious diseases.
- In March 2023, CureVac N.V. received €25 million in funding from the European Investment Bank to support the development of its next-generation mRNA-based vaccines and adjuvants.
Key Questions Answered in Vaccine Adjuvants Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market’s future growth?
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