The size of the Vaccine Adjuvant Market in the Asia Pacific is predicted to be growing at a CAGR of 11.73% from 2023 to 2028. As a result, the market size is forecasted to grow USD 203 million by 2028 from USD 116.5 million in 2023.
Vaccine adjuvants are desirable to expand the adaptive immune reactions to antigens. Adjuvants show their effects through diverse mechanisms. Some adjuvants work as delivery systems that provide stimulation of the immune system. Immunologic adjuvants are added to vaccines for the stimulus of the immune system's reaction to the target antigen but directly do not offer immunity. Adjuvants may act in several ways to present an antigen in the immune system. Adjuvants may also serve as the annoyance to involve and intensify the body's immune response.
Factors driving the world vaccine adjuvants market are increasing government funding in R&D, the high occurrence of diseases, the growing emphasis on improved vaccines, and progressive strategic moves assumed by companies such as contracts, acquisitions, and associations.
However, the side effects of adjuvants and the cost of adjuvant growth restrict the market growth.
This research report on the APAC vaccine adjuvant market has been segmented and sub-segmented into the following categories:
By Route Of Administration:
By Mechanism Of Action:
Regionally, China, and India, being developing countries with an increase in population, are estimated to grow at the highest CAGR in the forecast period.
The Indian vaccine adjuvant market accounted for the largest share in the Asia Pacific market in 2021. The World health organization (WHO) estimated that there are 15 million malaria cases, with 19000-20000 deaths every year in India. In 2021, the collaboration between Novavax and the serum institute of India had introduced a next-generation commercial vaccine adjuvant to treat infectious diseases. Therefore, it helps to boost the Indian vaccine adjuvant market. Recently, the Indian government developing its drug discovery and innovation in vaccine adjuvant with collaboration with the US research center is driving the growth of the Indian vaccine adjuvant market.
In China, Biodegradable nanomaterial and nanotechnology have played a crucial role in developing vaccine adjuvants due to their application, such as better immune effect, less toxic, and dose accuracy, driving the growth of the Chinese population vaccine adjuvant market. Also, rising coronavirus patients in china and development in healthcare industries like CpG 1018 product offering to boost immune response in China is fuelling the market's growth. In addition, China has the most massive burden of Hepatitis-B disease. Nearly 70 million people infected by this disease in 2018 are propelling the growth of the vaccine adjuvants market in China.
The new vaccine and adjuvant center were established in Japan to develop an immune response against disease and other diseases such as Alzheimer’s, hypertension, and epilepsy. As a result, the Japanese vaccine adjuvants market is estimated to project a healthy CAGR during the forecast period.
KEY MARKET PLAYERS:
Companies playing a leading role in the APAC vaccine adjuvant market profiled in this report are MPV Technologies, Avanti Polar Lipids, Novavax Inc. Brenntag Biosector, SEPPIC, Agenus, Inc., Invivogen, SPI Pharma, Inc., CSL Limited, and OZ Biosciences.
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