March 01, 2021
According to the recent research report titled ‘Vaccine Adjuvants Market Share, Size, Trends, Industry Analysis Report, By Product Type; By Route of Administration; By Disease Types; By Application, By Regions; Segment Forecast, 2020 -2027’, available with Market Study Report, global vaccine adjuvants market is projected to reach a valuation of USD 1,305.7 million during 2020-2025, while recording a robust CAGR throughout.
The report states that growing government sponsored immunization programs and increasing infectious diseases are the key factors driving global vaccine adjuvants market growth.
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For those unversed, adjuvant is a substance, which with a vaccine, activates antigen-specific immune reactions to boost the specificity and immunogenicity of marketed vaccines administered to any person. Adjuvants improve the impact of a vaccine that gives enhanced immunity against any specific infectious disease. It activates a positive immune response by imitating pathogen associated molecular pattern (PAMP), which involves liposomes, bacterial cell walls, lipo-polysaccharide, and endo-cytose and un-methylated nucleic acids.
Adjuvant imparts advantageous effects to vaccines in a variety of ways, such as strengthening the ability to recognize the higher degree of immunogenicity, reducing the number of repeated vaccinations, decreasing the dose of antigen, increasing the individual's antibody responses, and inducing T-cell responses.
The worldwide vaccine adjuvants industry is also driven by increasing vaccine research and government funding. The European Union (EU) established ENOVA, a network for adjuvant vaccines, through the EU Horizon 2020 program. This will encourage both stakeholders and industry experts working in the field of vaccine research & development and adjuvant research to minimize the side effects and increase effectiveness of new vaccines being produced.
Speaking of the negatives, side effects associated with the use of adjuvants are likely to hamper the industry remuneration over the study report.
Firms impacting global vaccine adjuvants market trends are Moderna Inc., Sanofi Pasteur, Adjuvants Euclid Canada Inc., Adjuvants Unlimited Inc., Aphios Corporation, OZ Biosciences, Sergeant Adjuvants, Novavax Inc., SPI Pharma Inc., Adjuvatis, and GlaxoSmithKline Plc.