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

What Factors Are Propelling the Market Growth of thePlant-Based Vaccines Market from 2025 to 2034?

The widespread occurrence of infectious diseases is anticipated to fuel the expansion of the plant-based vaccine market. These diseases include those caused by various infectious agents such as bacteria, viruses, fungi, or parasites. Plant-based vaccines have been utilized in both conventional and modern medicine to treat a range of diseases, importantly infectious diseases. They provide safe, efficacious, stable, and cost-effective prophylactics, vaccines, and drugs. For example, the Global Tuberculosis Report issued by the World Health Organization, a Swiss global health agency, indicated in October 2022 that the worldwide occurrence of tuberculosis (TB) was estimated to be 10.6 million cases, translating to a rate of 134 cases per 100,000 persons. The Southeast Asia region reported the highest number of TB cases, making up 45% of the total, with Africa following at 23%. Thus, the significant presence of infectious diseases is triggering growth in the plant-based vaccine market.

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#What is the Projected CAGR for the Plant-Based Vaccines Market Size from 2025 to 2034?

The market size for plant-based vaccines has seen quick expansion in the recent past. It’s projected to increase from $1.66 billion in 2024 to $1.83 billion in 2025, with a compound annual growth rate (CAGR) of 10.2%. Factors such as issues with traditional vaccine production, the requirement for cost-effective vaccine production, the rise of plant molecular farming, decreased allergenic potential, and synthetic biology applications have contributed to the growth during the historic period.

The market size for plant-based vaccines is projected to experience swift expansion in the upcoming years. Its valuation is anticipated to hit $2.79 billion in 2029, growing at a compound annual growth rate (CAGR) of 11.1%. The growth during the forecast period can be credited to readiness for pandemics, worldwide health security, enlargement of vaccine uses, and acceptance in the pharmaceutical industry. Key trends during this forecast period consist of progress in plant biotechnology, environmental sustainability, the incorporation of artificial intelligence, and assimilation of Machine Learning.

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How Are Market Trends and Innovations Revolutionizing thePlant-Based Vaccines Industry in Recent Times?

The plant-based vaccine market is increasingly witnessing the trend of product innovation. The primary firms in this market are striving to create innovative products to hold their market presence. An example of this was seen in February 2022, when Medicago Inc., based in Canada, and UK’s GSK PLC, both biopharmaceutical firms, announced the approval of their COVID-19 vaccine, COVIFENZ, by Health Canada. COVIFENZ is the first vaccine against COVID-19 disease to leverage the technology of plant-based, Virus-like Particles (VLP), recombinant, adjuvanted vaccine. The COVID-19-like Particle (CoVLP) technology is used in COVIFENZ, which includes recombinant spike (S) glycoproteins that are formed as Virus-Like Particles (VLPs).

Which Key Market Players Are Shaping the Future and Growth of thePlant-Based Vaccines Market?

Major companies operating in the plant-based vaccines market include Sanofi Pasteur SA, GlaxoSmithKline plc., British American Tobacco PLC, ICON Plc., Agenus Inc., Medicago Inc., Panacea Biotec Limited, Creative Biolabs Inc., InVitria, Fraunhofer USA Inc., Biodextris Inc., Intravacc B.V, Avesthagen Limited, Calyxt Inc., Zyus Life Sciences Inc., Mapp Biopharmaceutical Inc., Kentucky BioProcessing Inc., Planet Biotechnology Inc., Icon Genetics GmbH, PlantForm Corporation, LenioBio GmbH, iBio Inc., Lumen Bioscience Inc., Baiya Phytopharm Co. Ltd., Greenovation Biotech GmbH, Pevion Biotech AG

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The plant-based vaccines market covered in this report is segmented –

1) By Vaccine Type: Bacterial Vaccines, Viral Vaccines, Parasite Vaccines, Other Vaccine Types

2) By Source: Tobacco Plant, Maize, Potato, Other Sources

3) By Application: Influenza, Zika Virus, Ebola Virus, Poultry Disease, Other Applications

Subsegments:

1) By Bacterial Vaccines: Recombinant Bacterial Vaccines, Conjugate Bacterial Vaccines, DNA-Based Bacterial Vaccines

2) By Viral Vaccines: Inactivated Viral Vaccines, Live Attenuated Viral Vaccines, Subunit Viral Vaccines

3) By Parasite Vaccines: Recombinant Parasite Vaccines, DNA-Based Parasite Vaccines

4) By Other Vaccine Types: Fungal Vaccines, Multivalent Vaccines, Toxin-Based Vaccines

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What Regions Are Dominating the Plant-Based Vaccines Market Growth?

North America was the largest region in the plant-based vaccines market in 2024. The regions covered in the plant-based vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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