Press release
Plant-based Vaccines Market to Garner a Valuation of US$ 584.1 Million by 2023, at CAGR of 49.9% 2027
๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐จ๐ ๐๐๐๐๐ข๐ง๐ ๐๐ ๐๐ข๐ง๐ฌ๐ญ ๐๐จ๐ฏ๐ข๐-๐๐It is a challenge for pharmaceutical companies to bring new and improved vaccines to the plant-based vaccines market. Plant-based vaccine production mainly involves the integration of transgene into the plant cells. Many pharmaceutical companies seek advice from outside the company when it comes to developing plant-based vaccines. In addition, the challenges include: high cost, time needed to make an impact, and the need for multiple proteins to target the same illness or disease.
Plants have evolved over time to respond to pathogen challenge and to inhibit disease development. The ability to engineer plants has been slow in development; however, recent technology has allowed for the engineering of small synthetic genetic components that produce proteins with similar functionality to those produced by conventional genes. This enables the manufacture of synthetic protein subunits of the vaccine molecules. In principle, the decision of plant species utilized to produce the targeted antigen must allow for easy oral administration in the form of a pill.
As discussed above, one of the biggest obstacles facing plant-based vaccines market is the cost of production and manufacture. Plant-based vaccines require stringent quality control and stringent manufacturing processes to ensure the safety of the final product. Most products require the use of expensive chemical ingredients, expensive protein cultures, and expensive facilities.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ง๐ ๐๐๐ญ ๐ ๐ฅ๐๐ญ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/insight/buy-now/2004
Although some plant-based vaccines have been in existence for decades, they are still relatively new. Traditional vaccine development requires the use of living virus cultures that have been carefully selected to elicit specific antibodies against the target species. Plant-based vaccine development requires weeks or months to produce large quantities of injectable proteins. Because of the time needed to make vaccines, and the cost involved, vaccines remain in the developmental stage for years, if not decades, limiting growth of the plant-based vaccines market.
Medicago, a clinical-stage biopharmaceutical company, uses plant-based and virus-like particle (VLP) technologies to rapidly develop plant-based vaccines. The company's botanical manufacturing process is rooted in five steps: Synthesis; infiltration; incubation; harvest; and purification. The company introduces a synthesized SARS-CoV-2 viral sequence into a plant-specific bacterial vector, which is multiplied and used to infect the plants. The plant is later plunged inside a solution containing the vector and vacuum pressure is applied. Once the plants are infected, they're stored for four to six days, during which time their cellular machinery acts like mini-factories to produce virus-like particles. Purification marks the final step, alongside sterility and quality tests. The company has plans to introduce plant-based vaccine for Covid-19. Thus, with increasing cases of Covid-19, the plant-based vaccines market is expected to witness significant growth.
๐๐จ ๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ซ๐ @ https://www.coherentmarketinsights.com/insight/request-pdf/2004
๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐๐๐๐ข๐ง๐ ๐๐ฒ๐ฉ๐:
o Bacterial Vaccines
o Viral Vaccines
o Parasite Vaccines
o Others
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐:
o Tobacco Plant
o Maize
o Potato
o Others
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐:
o Influenza
o Covid-19
o Zika Virus
o Ebola Virus
o Poultry Disease
o Others
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East
o Africa
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ง๐ ๐๐๐ญ ๐ ๐ฅ๐๐ญ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/insight/buy-now/2004
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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