Italy Adjuvants Market Expected to Witness a Sustainable Growth Over 2031

Adjuvants Market Outlook 2031

The global adjuvants market was valued over US$ 4.1 Bn in 2021

It is estimated to grow at a CAGR of 6.7% from 2022 to 2031

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The global adjuvants market is expected to reach value of US$ 7.9 Bn by the end of 2031

Overview of Global Adjuvants Market

An adjuvant is a substance that enhances the immune system's response to the presence of an antigen. Adjuvants are commonly used to improve the effectiveness of a vaccine. The demand for adjuvants is considerably high from the agrochemical industry to enhance the efficacy of active ingredients and improve the overall performance of the product. Rise in prevalence of modern farming practices and increase in the rate of adoption of cutting-edge technologies, including "agriculture 4.0", which is a form of precision farming, are propelling the demand for adjuvants in the agriculture industry. The surge in concerns about food security has been another factor that is projected to boost the adjuvants market in the next few years.

The agriculture industry is undergoing a transition wherein producers are updating every process in order to cater to the rising demand for food. Additionally, businesses are investing extensively in research and development projects to increase crop productivity. Consequently, agriculture adjuvants are being utilized to enhance the effectiveness of pesticides sprayed on the crops in order to increase output.

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Decline in Agricultural Land Fueling Global Adjuvants Market Growth

Farmers are eyeing opportunities to boost their revenues by increasing their land productivity. Arable lands are shrinking rapidly, owing to numerous factors such as soil pollution, industrialization, urbanization, growing threats from pests & insects, etc. Farmers are protecting their yield from damage due to pests, pathogens, weeds, and rodents by using pesticides & insecticides. Consequently, adjuvants are primarily used to help pesticides improve their efficacy, along with application on crops.

The world's population has increased nearly four times in the last 100 years, and it is projected to reach 9.2 billion by 2050. Furthermore, farmland per capita is anticipated to reduce to 1800m² in 2030, down from 2,200m² in 2005. According to the UN's Food and Agriculture Organization (FAO), the global arable land decreased by about 0.8 million square kilometers between 2000 and 2015. Decreasing cultivable land and rising demand for food are increasing the importance of making the best use of existing farmland. Crop pests, which account for 10% to 16% of worldwide crop losses each year, are further exacerbating the issue. This has resulted in technological breakthroughs and the usage of agrochemicals to enhance the output from existing farmlands.

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The availability of arable land has also been decreasing of late, due to the changing trends in lifestyle and increasing urbanization and industrialization. This, in turn, has led to an imbalance between the demand for food and the growth in population. The demand for agricultural adjuvants is anticipated to rise during the forecast period, as adjuvants are capable of producing better crop yields when used in combination with pesticides. Likewise, rise in the demand for better crop yield due to the depletion of agricultural lands owing to urbanization and rising population, is expected to drive the demand for adjuvants in agriculture.

Increase in Focus on Immunization Programs by Various Government Bodies to Boost Global Adjuvants Market

Adjuvants are substances formulated as part of a vaccine to boost immune responses and enhance a vaccine's effectiveness. Vaccine adjuvants boost a person's immune response, providing better protection against disease. Thus, most governments are spending on healthcare infrastructure development and focusing on immunization programs to develop a healthy nation. Such initiatives taken by governments are fueling the adjuvant market.

The market is also driven by the high prevalence of infectious and zoonotic diseases and increase in focus on immunization programs from various government bodies. For instance, various government organizations across the globe are promoting and creating awareness about vaccination against diseases such as anthrax, BCG, hepatitis, HPV, influenza, varicella, smallpox, and other illnesses. The U.S. Government provided US$ 290 Mn in foreign aid to the Global Alliance for Vaccines and Immunization (GAVI, now known as GAVI, the Vaccine Alliance) in 2019, and US$ 226 Mn to the Department of Health and Human Services (HHS) to support child vaccine campaigns in other countries.

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Strategies and approaches of numerous governments for the development and delivery of vaccine antigens have grown over the past few decades. Some of these antigens are weakly immunogenic and require the presence of adjuvants for the induction or enhancement of an adequate immune response. Vaccines with adjuvants have been utilized extensively in immunization programs worldwide and a significant body of safety information has accumulated for them. Development of the knowledge of immunology and mechanisms of vaccine adjuvant actions have boosted the number of vaccines containing novel adjuvants being evaluated in clinical trials. Vaccines containing adjuvants have been authorized for use in several countries for several diseases (e.g., human papillomavirus and hepatitis B vaccines), and various vaccines with novel adjuvants are currently under development.

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