Plant Based Vaccines Market Analysis, Size, and Growth (2024-2031)
Plant Based Vaccines Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.44 Billion |
Market Size by 2031 | US$ 3.96 Billion |
Global CAGR (2023 - 2031) | 13.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Vaccine Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Plant Based Vaccines Market News and Recent Developments
The Plant based vaccines market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Plant based vaccines market are listed below:
- Medicago and GlaxoSmithKline (GSK) declared that Health Canada has granted approval for COVIFENZ, COVID-19 vaccine, (plant-based virus-like particles [VLP], recombinant, adjuvanted). This vaccine is indicated for active immunization to prevent coronavirus disease 2019 (COVID?19) caused by severe acute respiratory syndrome coronavirus 2 (SARS?CoV?2) in individuals 18 to 64 years of age. (Source: GlaxoSmithKline, Press Release, February 2022)
- CEPI providing LenioBio with funding of up to US$2 million to provide preclinical proof-of-concept that a commercially available, plant-based, and cell-free technology can produce proteins to be used in vaccine trials for epidemic and pandemic threats in 20-40 days. Using LenioBio’s ALiCE technology, the ambition is to reduce the time required to manufacture vaccine proteins with “more traditional methods” like cell cultures. (Source: CEPI, Newsletter, May 2024)
Plant Based Vaccines Market Report Coverage and Deliverables
The “Plant Based Vaccines Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Plant based vaccines market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Plant based vaccines market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Plant based vaccines market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Plant based vaccines market
- Detailed company profiles