Global Vaccine Adjuvants Market is valued at approximately USD 1.62 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 2.3% during the forecast period 2023-2030. Adjuvants are the ingredients that are added to the vaccinations to increase effectiveness of the vaccine and improve its response. The expansion of the Vaccine Adjuvants Market is due to
factors such as the increasing incidence of infectious diseases, growing geriatric population and rising awareness towards health and immunization.
The awareness towards vaccination and immunization regarding the prevention of infectious diseases such as HIV and tuberculosis (TB) has gradually increased over a period of time. according to Centers for Disease Control and Prevention, there were 39 million people in the world who were suffering with HIV and this number is expected to reduce by 2% due to rising number of vaccine prevalence. Furthermore, according to World Health Organization, approximately 10.6 million people suffered with Tuberculosis (TB) around the globe. The continuous increase in the number of patients of infectious diseases lead to the rise in health awareness campaigns and immunization programs to reduce the number by using the preventive measures. Moreover, rising healthcare facilities and advancements in formulations are the opportunities through which the Vaccine Adjuvants Market can grow. However, the high cost of production of development may hinder the expansion of the Vaccine Adjuvants Market throughout the forecast period of 2020-2030.
The key regions considered for the Global Vaccine Adjuvants Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to factors such as an increase in investments in R&D and a rise in severe diseases. Consequently, vaccination against both acute and chronic diseases become necessary. Middle East & Africa are expected to grow significantly over the forecast period due to factors such as constantly enhancing medical facilities, which include the availability of medications and increasing financing for research and development to meet the massive unfulfilled needs. This is projected to raise the market share of Vaccine Adjuvants in the particular region.
Major market player included in this report are:
- GlaxoSmithKline plc.
- Novavax, Inc.
- Adjuvance Technologies, Inc.
- SPI Pharma
- Agenus, Inc.
- CSL Limited
- InvivoGen
- AstrazenecaCroda International Plc
- Pfizer Inc.
Recent Developments in the Market:
- In May 2023, GSK plc declared that the US Food and Drug Administration approved Arexvy for the treatment of Respiratory Syncytial Virus (RSV) -related Lower Respiratory Tract Disease (LRTD) in patients 60 years of age and older. This is the first ever RSV immunization which is licensed for older people worldwide.
- In March 2022, Croda International Plc confirmed the partnership with Statens Serum Institute. They may produce and commercialise a variety of patented cationic adjuvants, CAF which was developed by SSI.
Global Vaccine Adjuvants Market Report Scope:
- Historical Data -2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Application, Administration, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Pathogen
- Adjuvant emulsion
- Particulate
- Combination
- Others
By Application:
- Infectious diseases
- Cancer
- Others
By Administration:
- Oral
- Intradermal
- Intranasal
- Intramuscular
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Vaccine Adjuvants Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Vaccine Adjuvants Market, by Type,2020-2030 (USD Billion)
- 1.2.3. Vaccine Adjuvants Market, by Application , 2020-2030 (USD Billion)
- 1.2.4. Vaccine Adjuvants Market, by Administration, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Vaccine Adjuvants Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Vaccine Adjuvants Market Dynamics
- 3.1. Vaccine Adjuvants Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing incidence of chronic diseases
- 3.1.1.2. Growing Geriatric Population
- 3.1.1.3. Rising awareness towards immunization
- 3.1.1.4.
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Vaccine Adjuvants
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in Formulation
- 3.1.3.2. Rising Healthcare Facilities
Chapter 4. Global Vaccine Adjuvants MarketIndustry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Vaccine Adjuvants Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Vaccine Adjuvants Market by Type, Performance - Potential Analysis
- 5.3. Global Vaccine Adjuvants Market Estimates & Forecasts by Type2020-2030 (USD Billion)
- 5.4. Vaccine Adjuvants Market, Sub Segment Analysis
- 5.4.1. Pathogen
- 5.4.2. Adjuvant emulsion
- 5.4.3. Particulate
- 5.4.4. Combination
- 5.4.5. Others
Chapter 6. Global Vaccine Adjuvants Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Vaccine Adjuvants Market by Application , Performance - Potential Analysis
- 6.3. Global Vaccine Adjuvants Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Vaccine Adjuvants Market, Sub Segment Analysis
- 6.4.1. Infectious diseases
- 6.4.2. Cancer
- 6.4.3. Others
Chapter 7. Global Vaccine Adjuvants Market, byAdministration
- 7.1. Market Snapshot
- 7.2. Global Vaccine Adjuvants Market by Administration, Performance - Potential Analysis
- 7.3. Global Vaccine Adjuvants Market Estimates & Forecasts by Administraion2020-2030 (USD Billion)
- 7.4. Vaccine Adjuvants Market, Sub Segment Analysis
- 7.4.1. Oral
- 7.4.2. Intradermal
- 7.4.3. Intranasal
- 7.4.4. Intramuscular
- 7.4.5. Others
Chapter 8. Global Vaccine Adjuvants Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Vaccine Adjuvants Market, Regional Market Snapshot
- 8.4. North America Vaccine Adjuvants Market
- 8.4.1. U.S.Vaccine Adjuvants Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Administration breakdown estimates & forecasts, 2020-2030
- 8.4.2. CanadaVaccine Adjuvants Market
- 8.5. Europe Vaccine Adjuvants Market Snapshot
- 8.5.1. U.K. Vaccine Adjuvants Market
- 8.5.2. Germany Vaccine Adjuvants Market
- 8.5.3. France Vaccine Adjuvants Market
- 8.5.4. Spain Vaccine Adjuvants Market
- 8.5.5. Italy Vaccine Adjuvants Market
- 8.5.6. Rest of EuropeVaccine Adjuvants Market
- 8.6. Asia-PacificVaccine Adjuvants Market Snapshot
- 8.6.1. China Vaccine Adjuvants Market
- 8.6.2. India Vaccine Adjuvants Market
- 8.6.3. JapanVaccine Adjuvants Market
- 8.6.4. Australia Vaccine Adjuvants Market
- 8.6.5. South Korea Vaccine Adjuvants Market
- 8.6.6. Rest of Asia PacificVaccine Adjuvants Market
- 8.7. Latin America Vaccine Adjuvants Market Snapshot
- 8.7.1. Brazil Vaccine Adjuvants Market
- 8.7.2. MexicoVaccine Adjuvants Market
- 8.8. Middle East & AfricaVaccine Adjuvants Market
- 8.8.1. Saudi ArabiaVaccine Adjuvants Market
- 8.8.2. South AfricaVaccine Adjuvants Market
- 8.8.3. Rest of Middle East & AfricaVaccine Adjuvants Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. GlaxoSmithKline plc.
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. ProductSummary
- 9.3.1.5. Recent Developments
- 9.3.2. Novavax, Inc.
- 9.3.3. Adjuvance Technologies, Inc.
- 9.3.4. SPI Pharma
- 9.3.5. Agenus, Inc.
- 9.3.6. CSL Limited
- 9.3.7. InvivoGen
- 9.3.8. AstrazenecaCroda
- 9.3.9. International Plc
- 9.3.10. Pfizer Inc
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption