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Virus-Like Particles (VLP's) Market to grow up to USD 8.9 Billion by 2032 | Dynavax Technologies, Sanofi, Wantai BioPharm, Serum Institute of India Pvt. Ltd.

09-01-2023 08:59 PM CET | Health & Medicine

Press release from: Global Insight Services

Virus-Like Particles (VLP's) Market to grow up to USD 8.9 Billion

New York, The global Virus-Like Particles (VLP's) Market was valued at USD 4.6 Billion in 2022 and it is anticipated to grow up to USD 8.9 Billion by 2032, at a CAGR of 6.8% during the forecast period.

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Virus-like particles (VLPs) are multiprotein structures that mimic the organization and conformation of authentic native viruses but lack the viral genome, potentially yielding safer and cheaper vaccine candidates.

Major Players in the Global Virus-Like Particles (VLP's) Market

The key players in the Virus-Like Particles (VLP's) Market Merck & Co., Inc., GlaxoSmithKline plc., Pfizer Inc., Dynavax Technologies, Sanofi, Wantai BioPharm, Serum Institute of India Pvt. Ltd., BHARAT BIOTECH, LG Chem, and VBI Vaccines Inc.. among others.

Read more about Virus-Like Particles (VLP's) Market here: https://www.globalinsightservices.com/reports/virus-like-particles-market/

Market Trends and Drivers

Consistent R&D activities prominently drive the growth of the overall market. VLPs have gained attention from many researchers, particularly virologists and immunologists. VLP-based vaccines are more immunogenic and safer than traditional vaccines as they cannot replicate, recombine, or undergo reassortment due to the lack of infectious DNA or RNA material.

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Global Virus-Like Particles (VLP's) Market Segmentation

By Product Type

Hepatitis
Cancer/HPV
Gaucher Disease
By Source

Yeast
Insect Cell
Plant
Others
By Application

Vaccine
Therapeutics

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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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