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What are the Key Projections for the CAGR of the Plant-Based Vaccines Market From 2025 to 2034?

The plant-based vaccines market has grown rapidly in recent years. It is projected to rise from $1.66 billion in 2024 to $1.83 billion in 2025, at a CAGR of 10.2%. The historical expansion of this market has been driven by challenges in traditional vaccine production, the need for cost-effective vaccine solutions, the emergence of plant molecular farming, reduced allergenic potential, and advancements in synthetic biology applications.

The plant-based vaccines market is poised for rapid expansion, projected to reach $2.79 billion by 2029 at a CAGR of 11.1%. Growth is expected due to increasing focus on pandemic preparedness, global health security, broadening vaccine applications, and pharmaceutical industry adoption. Major trends in this period include breakthroughs in plant biotechnology, environmental sustainability measures, and the integration of artificial intelligence and machine learning in vaccine development.

Which Major Market Drivers Are Expected to Boost the plant-based vaccines Market’s Growth Potential?

The high prevalence of infectious diseases is expected to propel the growth of the plant-based vaccine market. Plant-based vaccines can be a cost-effective and stable solution for preventing infectious diseases. For instance, the World Health Organization’s Global Tuberculosis Report in October 2022 estimated that there were 10.6 million cases of tuberculosis worldwide, with the Southeast Asia region accounting for 45% of these cases. Therefore, the growing prevalence of infectious diseases is driving the growth of the plant-based vaccine market.

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What Are the Key Industry Players Leading the Charge in the Plant-Based Vaccines Market’s Growth?

Major companies operating in the plant-based vaccines market include:

• Sanofi Pasteur SA_x000D_

• GlaxoSmithKline plc._x000D_

• British American Tobacco PLC_x000D_

• ICON Plc._x000D_

• Agenus Inc._x000D_

How Are Market Trends and Shifts Impacting the Growth Trajectory of the Plant-Based Vaccines Market?

Product innovation is an emerging trend in the plant-based vaccine market. Companies in this sector are developing new products to sustain their competitive position. For example, in February 2022, Medicago Inc., a Canada-based biopharmaceutical company, and GSK PLC, a UK-based pharmaceutical company, announced that Health Canada had approved COVIFENZ, the world’s first plant-based virus-like particle (VLP) recombinant COVID-19 vaccine. The vaccine uses COVID-19-like particle (CoVLP) technology, which consists of recombinant spike glycoproteins produced as virus-like particles to stimulate an immune response.

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Which Primary Segments of the Plant-Based Vaccines Market Are Driving Growth and Industry Transformations?

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

What Regions Are Influencing the Dynamics of the Plant-Based Vaccines Market?

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.

How Is the Scope and Reach of the Plant-Based Vaccines Market Defined?

Plant-based vaccines refer to recombinant vaccines that incorporate antigens against certain infections into the chosen plant. Most human and animal diseases can be effectively treated with plant-based vaccinations.

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