2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Major Innovations Are Driving the Accelerated Growth of the Anthrax Vaccine Market?

The escalating occurrence of infectious diseases is projected to fuel the expansion of the anthrax vaccine market. Infectious diseases are illnesses induced by disease-causing microorganisms such as bacteria, viruses, parasites, or fungi that can spread either directly or indirectly among individuals. Effects can range from mild to severe, sometimes leading to death, contingent on the pathogen and the individual’s immunity. The increasing incidence of these diseases stem from factors such as global population shifts, urbanization, environmental and land use changes, and alterations in human behavior. The anthrax vaccine, predominantly used to safeguard against anthrax, is being pushed for wider use in controlling other infectious diseases. This is being facilitated through studies aimed at understanding its immunogenic characteristics and adaptability. For example, data from the Council on Foreign Relations, a US-based nonprofit organization, stated in February 2023 that 75% of new or emerging infectious diseases (EIDs), and 60% of known infectious diseases came from zoonotic sources. Additionally, zoonoses globally lead to 2.7 million human deaths and 2.5 billion disease incidences in people each year. Thus, the surging frequency of diseases is propelling the anthrax vaccine market’s growth.

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How Has the Anthrax Vaccine Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

The anthrax vaccine market has witnessed robust growth in the past few years. The market size is projected to increase from $11.27 billion in 2024 to $11.88 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.4%. The substantial growth during the historic period is largely due to factors such as the fears of biological warfare, requirements from the military, anthrax epidemic incidents, readiness of public health systems, and biodefense initiatives.

The anthrax vaccine market is predicted to experience a significant increase in the coming years, with estimations reaching $14.5 billion in 2029, at a compound annual growth rate (CAGR) of 5.1%. This upturn during the predicted period is due to factors such as global security issues, the rise of emerging threats, government purchasing initiatives, and readiness for pandemics. Noteworthily, during this forecast period, trends like technological improvements, enhanced access in developing nations, attention towards next-gen vaccines, elevated government reserve stash, and shared research contributions are expected to emerge.

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What Are the Most Significant Market Trends Transforming theAnthrax Vaccine Market?

Primary industry players in the anthrax vaccine market are concentrating on creating innovative offerings and receiving FDA clearance for their immunizations to ensure safety and effectiveness among individuals who are potentially exposed to anthrax. The approval from the FDA guarantees that the vaccine has undergone stringent clinical trials and is secure for usage by the population, thereby safeguarding them from possible negative effects. For example, Emergent BioSolutions Inc., an American biopharmaceutical company, achieved this approval for their CYFENDUS (Anthrax Vaccine Adsorbed, Adjuvanted), formerly known as AV7909, in July 2023 from the U.S. Food and Drug Administration (FDA). The sanction was based on information derived from a Phase 2 trial that keenly examined Cyfendus’s non-interference with antibacterial medicine and, additionally, Phase 3 clinical study that compared the immunogenicity and safety of the vaccination to BioThrax, the former anthrax vaccine. Furthermore, the creation of safer and more effective adjuvants are essential to resolving issues related to reactogenicity and enhance the overall efficacy of anthrax vaccines.

What Are the Top Market Players Propelling the Growth of theAnthrax Vaccine Industry?

Major companies operating in the anthrax vaccine market are Merck & Co. Inc., GC Biopharma, Emergent BioSolutions Inc., Indian Immunologicals Limited, Valneva SE, PharmAthene Inc., Porton Biopharma Limited, Pfenex Inc., Choong Ang Vaccine Laboratories Co. Ltd., Colorado Serum Company, Inc., Elusys Therapeutics Inc., SIGA Technologies Inc., Inovio Pharmaceuticals, Botswana Vaccine Institute, JOVAC, Prokarium, Soligenix Inc., Vaxart Inc., DynPort Vaccine Company LLC, VECOL S.A

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Which Primary Segments of the Anthrax Vaccine Market Are Driving Growth and Industry Transformations?

The anthrax vaccine market covered in this report is segmented –

1) By Vaccine Type: Cell-Free Protective Antigen (PA) Vaccine, Live Attenuated Vaccine

2) By Application Type: Animal Use, Human Use

3) By Distribution Channel: Hospitals, Pharmacies, Other Distribution Channels

Subsegments:

1) By Cell-Free Protective Antigen (PA) Vaccine: Recombinant Protective Antigen (rPA) Vaccine, Adjuvanted rPA Vaccine

2) By Live Attenuated Vaccine: Live Attenuated Bacillus anthracis Vaccine, Genetically Modified Live Attenuated Vaccine

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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Anthrax Vaccine Market?# Market?

North America was the largest region in the anthrax vaccine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anthrax vaccine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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