Human Vaccine Adjuvants Market Size, Revenue, End Users And Forecast Till 2030

The global Human Vaccine Adjuvants Market is expected to reach US$ 4,489.23 million in 2030 from US$ 1,571.41 million in 2022. The market is estimated to grow with a CAGR of 14.0% from 2022 to 2030.

Key factors driving the human vaccine adjuvants market growth include the rising prevalence of chronic diseases and growing focus on immunization programs.
Market Opportunities of Human Vaccine Adjuvants Market
The expanding pharmaceutical industry is expected to positively influence the demand for adjuvants as they can improve the efficacy and safety of vaccines. The pharmaceutical industry's increasing focus on infectious diseases, cancer, and autoimmune disorders provides a platform for developing personalized vaccines and adjuvants targeted at these specific disease areas. This offers an opportunity for adjuvant manufacturers to develop specialized adjuvants to enhance the immune response to vaccines for these diseases.

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Analysis of the Top Market Players:

1. Novartis AG
2. Dynavax Technologies Corp
3. CSL Ltd
4. Seppic SA
5. SPI Pharma Inc
6. Hawaii Biotech Inc
7. Croda International Plc
8. Novavax Inc
9. Phibro Animal Health Corp
10. Creative Biolabs Inc

In this report, the market has been segmented on the basis of:

Type

• Particulate Adjuvant
• Emulsion Adjuvant
• Combination Adjuvant

Application

• Influenza
• Hepatitis
• Human Papilloma Virus (HPV)

End User

• Pharmaceutical And Biotechnology Companies
• CMOs And CROs

The US has one of the most R&D-intensive pharmaceutical industries globally. According to the European Federation of Pharmaceutical Industries and Associations (EFPIA), the North America market (US and Canada) remained the world's largest market with a 49.1% share, well ahead of Europe, China, and Japan. The US is the global leader in innovative R&D investments, and the country produced over half of the world's new molecules in the last decade. Additionally, as per EFPIA, in 2021, North America accounted for 49.1% of global pharmaceutical sales, compared with 23.4% for Europe.

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Similarly, according to the EFPIA, the Brazilian, Chinese, and Indian pharmaceutical industries grew by 11.7%, 6.7%, and 11.8% during the 2016-2021 period, respectively, compared to the top five European Union markets and the US market, which recorded an average market growth of 5.8% and 5.6%, respectively. Furthermore, as per the India Brand Equity Foundation (IBEF), India is a major and rising global pharmaceutical industry player. The country is the world's largest trader of generic medications, accounting for nearly 20% of the worldwide supply by volume. It supplies ~50% of the global vaccination demand.

The domestic pharmaceutical industry includes a network of 3,000 drug companies and ~10,500 manufacturing units. Based on official figures from the Indian government, the pharmaceutical sector in India is valued at nearly US$ 50 billion, of which over US$ 25 billion is derived from exports. India accounts for ~20% of the world's generic medicine exports. Further, Japan is one of the largest pharmaceutical markets in the world. According to the Ministry of Health, Labor and Welfare's (MHLW) Annual Pharmaceutical Production Statistics, the Japanese market for prescription and nonprescription pharmaceuticals in 2020 was US$ 107 billion.

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