Press release
Edible Vaccine Market Set to Reach $13.6 Billion by 2029 with 9.2% Yearly Growth
What market dynamics are playing a key role in accelerating the growth of the edible vaccine market?The increasing prevalence of infectious diseases is expected to drive the growth of the edible vaccine market. Infectious diseases are becoming more widespread due to factors like globalization, antibiotic resistance, and climate change. Edible vaccines, which offer a needle-free, cost-effective way to stimulate immune responses, are gaining popularity as an alternative to traditional vaccine delivery methods. In March 2024, the CDC reported an increase in tuberculosis cases in the US, which is indicative of the broader trend of rising infectious diseases. The growing need for more accessible and efficient vaccination methods is expected to boost the demand for edible vaccines.
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How will the growth rate of the edible vaccine market shape industry trends by 2034?
The edible vaccine market has experienced strong growth in recent years. It is forecasted to expand from $8.77 billion in 2024 to $9.6 billion in 2025, achieving a CAGR of 9.4%. Factors contributing to historical growth include advancements in genetic engineering, challenges associated with traditional vaccines, progress in biopharming, an increasing focus on global immunization, and growing government funding and support.
The edible vaccine market is poised for significant expansion in the upcoming years. By 2029, it is estimated to reach $13.63 billion, growing at a CAGR of 9.2%. Growth in this sector is attributed to increased demand for pandemic preparedness, progress in plant biotechnology, rising public awareness and acceptance of genetically modified foods, efforts to address cold chain challenges, and integration with food security initiatives. Key trends include the expansion into animal health, a rise in biopharming applications, the development of personalized nutrition and vaccination approaches, a focus on sustainability and green vaccines, and advancements in multi-antigen edible vaccines.
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What trends are poised to drive the future success of the edible vaccine market?
In the edible vaccine market, companies are focused on oral cholera vaccines (OCV) to combat global cholera outbreaks. For example, in August 2024, Bharat Biotech launched Hillchol, an oral cholera vaccine that offers ease of administration without requiring cold storage, making it ideal for use in resource-limited areas. The vaccine provides long-lasting immunity with just one dose.
Which primary segments of the edible vaccine market are driving growth and industry transformations?
The edible vaccinemarket covered in this report is segmented -
1) By Type: Inactivated Vaccines, Subunit Vaccines, Deoxyribonucleic Acid (DNA) Vaccines, Live Attenuated Vaccines, Other Types
2) By Distribution Channel: Hospitals, Veterinary Clinics, Retail Pharmacies, Online Pharmacies
3) By Application: Medical Care, Livestock, Aquaculture, Agriculture, Other Applications
4) By End User: Adults, Pediatrics, Animals
Subsegments:
1) By Inactivated Vaccines: Whole Inactivated Virus Vaccines, Inactivated Bacterial Vaccines
2) By Subunit Vaccines: Protein Subunit Vaccines, Polysaccharide Subunit Vaccines
3) By Deoxyribonucleic Acid (DNA) Vaccines: Plasmid DNA Vaccines, Synthetic DNA Vaccines
4) By Live Attenuated Vaccines: Live Attenuated Viral Vaccines, Live Attenuated Bacterial Vaccines
5) By Other Types: Virus-Like Particle (VLP) Vaccines, mRNA Vaccines
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Which geographical regions are pioneering growth in the edible vaccine market?
North America was the largest region in the edible vaccine market in 2024. The regions covered in the edible vaccine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the edible vaccine market landscape?
Major companies operating in the edible vaccine market are Pfizer Inc., Johnson & Johnson, Merck & Co. Inc., Sanofi S.A., GSK plc, C.H. Boehringer Sohn AG & Co. KG, Novavax Inc., Ceva Santé Animale, Sinovac Biotech Ltd., Hualan Biological Engineering Inc., Zydus Lifesciences Limited, Bharat Biotech International Limited, Medicago Inc., CureVac N.V., Profectus BioSciences Inc., Vaxart Inc., China National Biotec Group Company Limited, Vaxine Pty Ltd., Vaxiion Therapeutics Inc., Therapix Biosciences Ltd., Mymetics Corporation
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What Is Covered In The Edible Vaccine Global Market Report?
•Market Size Forecast: Examine the edible vaccine market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the edible vaccine market for a structured understanding.
•Key Players Overview: Analyze major players in the edible vaccine market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the edible vaccine market.
•Segment Contributions: Evaluate how different segments drive overall growth in the edible vaccine market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the edible vaccine market.
•Industry Challenges: Identify potential risks and obstacles affecting the edible vaccine market.
•Competitive Landscape: Review strategic developments in the edible vaccine market, including expansions, agreements, and new product launches.
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