Vaccine Adjuvants Market Advances at 12.3% CAGR to Reach US$ 6.8 Billion by 2033, States Fact.MR

Rockville, Sept. 27, 2023 (GLOBE NEWSWIRE) -- As per Fact.MR, a provider of market research and competitive intelligence, the global Vaccine Adjuvants Market is expected to rise at a CAGR of 12.3% to reach a value of US $6.8 Bn by the end of 2033.

Vaccine adjuvants are special ingredients added to vaccines to make them work better. They boost the body's immune response, helping the vaccine to protect us more effectively. They allow us to use smaller amounts of the germ part in the vaccine, which can make the vaccine safer and less costly. Adjuvants also help the vaccine last longer and reduce the need for extra shots. They're especially helpful for people with weaker immune systems, like the elderly.

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Key Segments of Vaccine Adjuvants Industry Research Report

The growth of the Vaccine adjuvant market is primarily driven by the escalating global demand for effective vaccines in the face of emerging infectious diseases. Adjuvants play a pivotal role in enhancing the potency of vaccines, allowing for lower antigen doses and fewer booster shots. Advancements in vaccine R&D and increased awareness of adjuvant benefits are further driving market growth.

Key Takeaways:

• The US vaccine adjuvants market is expected to witness a market CAGR of 12% during the forecast period (2023-2033). Moreover, the market is expected to reach a market value of US $ 2.7 Bn by 2033.
• Moreover, the UK market is expected to grow to around US $ 261.2 Mn by 2033 with a dollar growth of US $ 171.6 Mn.
• Demand for adjuvant emulsions is projected to witness a significant growth of CAGR of 12.1% during the forecast period (2023-2033)

Increasing demand for effective vaccines, advancements in vaccine research and development, and growing awareness of the benefits of adjuvants are powering the market - Says FACTMR Expert

Market Competition

The vaccine adjuvants market is highly competitive. Prominent participants such as SEPPIC, Adjuvatis, CSL Limited, Novavax, Inc., Agenus Inc., and Avanti Polar Lipids drive market expansion through a combination of innovation and strategic collaborations. This intense competition is further influenced by the imperative to meet strict regulatory standards and stay at the forefront of technological advancements.

• In October 2022, GSK completed the acquisition of Affinivax, a clinical-stage biopharmaceutical company located in Cambridge. Affinivax specializes in creating a novel category of vaccines, including the most advanced next-generation Pneumococcal vaccine.
• In April 2020, Dynavax collaborated with the French vaccine company Valneva to utilize Dynavax's adjuvant technology in the development of a COVID-19 vaccine.

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Winning Strategies

• Tailoring adjuvants to specific vaccines or groups gives companies a competitive edge. For example, older individuals or those with weakened immune systems might need adjuvants designed just for them. Companies that excel at this customization can become leaders in the industry by offering highly effective and precisely targeted vaccination solutions. 
• In the vaccine adjuvants market, providing excellent customer service, technical support, and training on adjuvant use can build long-term relationships. This ensures that professionals have the knowledge and resources to use adjuvants effectively, contributing to successful vaccination efforts and strengthening a company's position in the market.
• In this industry, providing a diverse selection of adjuvants with distinct ways of enhancing the immune response can meet the specific needs of different types of vaccines and their intended uses. This versatility is crucial because various vaccines target different pathogens or employ unique mechanisms to trigger immunity.

In 2020, world experienced a substantial impact from the COVID-19 virus, with over 9.8 million confirmed cases and 119 thousand fatalities, as reported by the WHO. The country has been utilizing vaccines like COVISHIELD and COVAXIN for the prevention and treatment of Covid-19. Furthermore, the integration of Vaccine Adjuvants such as AS03, MF59, and CpG 1018 in COVID-19 vaccines has been instrumental in enhancing their effectiveness, influencing the growth of the market.

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Vaccine Management Solution Market: The global vaccine management solution market has reached a valuation of US$ 233 million in 2022 and is expected to progress at a CAGR of 11.9% to reach US$ 721 million by the end of 2032.

Respiratory Virus Vaccines Market: The global respiratory virus vaccines market size is valued at US$ 8.69 billion in 2023 and is predicted to reach US$ 18.6 billion by 2033-end, expanding at a CAGR of 7.9% over the forecast period (2023 to 2033).

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