Vaccine Adjuvants Market will reach
USD 920 million By 2023
Global Vaccine Adjuvants Market report explores future
trends for supply, demand and market growth rate, market
size, prices, trading, competition and value chain as well as
Key Players of the industry’s information with forecast from
2019 to 2023.
Global Vaccine Adjuvants Market Synopsis:
According to Market Analyst, The Global Vaccine Adjuvants Market is expected to grow at an impressive
Compound Annual Growth Rate (CAGR) from 2019 to 2023.
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With the slowdown in world economic growth, the Vaccine Adjuvants industry has also suffered a
certain impact, but still maintained a relatively optimistic growth, the past four years, Vaccine Adjuvants
market size to maintain the average annual growth rate of 0.0629800482623 from 420.0 million $ in
2014 to 570.0 million $ in 2018, Market analysts believe that in the next few years, Vaccine Adjuvants
market size will be further expanded, we expect that by 2023, The market size of the Vaccine Adjuvants
will reach 920.0 million $.
The prime objective of vaccination is to generate a strong immune response to the administered antigen
so that it can deliver strong protection against infection. The addition of adjuvants to the vaccines is
required to achieve this goal. Some of the significant factors driving the growth of the Global Vaccine
Adjuvants Market are unmet needs for vaccines against certain diseases, expanding government
recommendations for immunizations, technological innovations, and increasing use of recombinant
subunit and synthetic vaccines.
The global vaccine adjuvants market can be segmented on the basis of product type as particulate,
emulsions, pathogen, and saponin. Among this particulate type segment is expected to account for the
largest segment in global vaccine adjuvant market.
In term of Region, The global vaccine adjuvants market is dominated by North America region followed
by Western Europe, and APEJ region. The APEJ region is expected to grow at a higher CAGR due to the
rising population and increasing incidences of diseases during the forecast period.