Press release
Global Vaccine Adjuvants Market to Reach $2.89 Billion by 2029, Growing at 9% CAGR
Vaccine Adjuvants Market Size
The vaccine adjuvants market is predicted to expand in response to the increasing incidence of infectious diseases. These illnesses include those caused by bacteria, viruses, fungi, or parasites, like hepatitis B (HBV), hepatitis C (HCV), HIV, malaria, syphilis, and brucellosis, against which vaccines offer treatment. For example, the World Health Organization's 2022 report reveals that around 10.6 million people worldwide contracted tuberculosis in 2021, resulting in 1.6 million deaths. In the same year, 1.5 million individuals contracted HIV, with 650,000 succumbing to the disease. Consequently, the escalating rates of infectious diseases are anticipated to boost the growth of the vaccine adjuvants market.
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How will the growth rate of the vaccine adjuvants market shape industry trends by 2034?
The market size for vaccine adjuvants has experienced solid growth in the past few years. The market is predicted to escalate from $1.89 billion in 2024 to $2.03 billion in 2025, marking a compound annual growth rate (CAGR) of 7.6%. Factors contributing to this growth during the historic period include the surge in vaccine development, spread of infectious diseases, governmental actions and vaccination programs, investments in research and development, and the worldwide distribution of vaccines.
The market size for vaccine adjuvants is anticipated to witness robust growth in the next few years, reaching "$2.89 billion in 2029 with a compound annual growth rate (CAGR) of 9.2%. This growth during the forecast period is likely to be driven by factors such as preparedness for pandemics, an increasing range of vaccines, worldwide immunization objectives, strategic collaborations and partnerships, and a focus on therapeutic vaccines. The expected up-and-coming trends during this period include advancements in adjuvant technologies, a concentrated effort on enhancing immunogenicity, the use of combined adjuvants to boost effectiveness, the demand for safer and more tolerable adjuvants, along with tailored vaccines and adjuvants.
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What trends are poised to drive the future success of the vaccine adjuvants market?
The trend of product innovations is becoming increasingly prevalent in the vaccine adjuvants market. Businesses in this sector are capitalizing on creative solutions to solidify their standing. Take for example, Evonik Industries, a chemical manufacturing company from Germany, who in December 2022, rolled out PhytoSquene. This is a plant-based squalene, derived from amaranth oil, and presents a sustainable alternative to the traditional shark-derived squalene. It's intended for utilization in vaccine adjuvants as well as other pharmaceutical uses, its role being to amplify immune responses and thus improve vaccine effectiveness. The introduction of PhytoSquene highlights the escalating focus on sustainability within the pharmaceutical industry.
Which primary segments of the vaccine adjuvants market are driving growth and industry transformations?
The vaccine adjuvants market covered in this report is segmented -
1) By Product Type: Adjuvant Emulsions, Pathogen Components, Particulate Adjuvants, Combination Adjuvants, Other Product Types
2) By Route of Application: Human Vaccine Adjuvants, Veterinary Vaccine Adjuvants
3) By Route of Administration: Oral, Intramuscular, Intranasal, Subcutaneous, Intradermal
4) By Disease: Cancer, Infectious Diseases, Other Diseases
Subsegments:
1) By Adjuvant Emulsions: Oil-In-Water Emulsions, Water-In-Oil Emulsions
2) By Pathogen Components: Bacterial Components, Viral Components
3) By Particulate Adjuvants: Liposomes, Nanoparticles, Microparticles
4) By Combination Adjuvants: Mixed Emulsions, Multiple Component Systems
5) By Other Product Types: Synthetic Adjuvants, Natural Adjuvants
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Which geographical regions are pioneering growth in the vaccine adjuvants market?
North America was the largest region in the vaccine adjuvants market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global vaccine adjuvants market report during the forecast period. The regions covered in the vaccine adjuvants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the vaccine adjuvants market landscape?
Major companies operating in the vaccine adjuvants market include GlaxoSmithKline Plc., Novavax Inc., SPI Pharma Inc., Agenus Inc., CSL Limited, InvivoGen Limited., Brenntag Biosector A/S, Adjuvatis, Merck KGaA, Croda International Plc, Seppic Inc, OZ Biosciences, Avanti Polar Lipids Inc, Astellas Pharma Inc, Virometix AG, MPV Technologies Limited, Adjuvance Technologies Inc., Novartis AG, Vaxine Pty Ltd, SBI Biotech Co. Ltd., Statens Serum Institute, GSK Vaccines, VaxLiant LLC, VaxForm LLC, Serum Institute of India, Dynavax Technologies Corporation, Vaxcyte Inc., VBI Vaccines Inc., Medicago Inc., Aphios Corporation
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What Is Covered In The Vaccine Adjuvants Global Market Report?
• Market Size Forecast: Examine the vaccine adjuvants market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the vaccine adjuvants market for a structured understanding.
• Key Players Overview: Analyze major players in the vaccine adjuvants market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the vaccine adjuvants market.
• Segment Contributions: Evaluate how different segments drive overall growth in the vaccine adjuvants market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the vaccine adjuvants market.
• Industry Challenges: Identify potential risks and obstacles affecting the vaccine adjuvants market.
• Competitive Landscape: Review strategic developments in the vaccine adjuvants market, including expansions, agreements, and new product launches.
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