The global market for Vaccine Adjuvants was estimated to be worth USD 4,100 million, in the year 2016. It poised to reach USD 5,565 million by the end of 2021, growing at an estimated CAGR of 6.3% during the forecast period of 2016-2021. The Adjuvants are pharmacological or immunological agents that helps in synergizing and directing the adaptive immune response to vaccine agents. Adjuvants are generally classified based on their source, mechanism of action and physical or chemical properties. Adjuvants can be broadly classified into three groups that is active immunostimulants, carriers, and vehicle adjuvants.
Understanding the application of adjuvants is very imperative in analyzing the market dynamics. This study targets at gaining a detailed overview of the market dynamics of the contemporary market and during the forecast period for the vaccine adjuvants market. Adjuvants basically enhance the specific immune response against co-inoculated antigens.
The Adjuvants market in study has been segmented based on type and mechanism of action. The segmentation based on type includes Mineral Salt based adjuvants, Tensoactive agents, Emulsions, Liposomes, Carbohydrate adjuvants, Bacterial Products, Non-Bacterial organics (Squalene), Saponins, Cytokines, Virosomes, TLR based adjuvants, and Others. The report estimates the market value of the different type of adjuvants and forecast the market till 2021. The mineral salt based adjuvants includes the different aluminum based, calcium based and other salt based adjuvants. The tensoactive agents includes the extracts from plants like saponin. The emulsion adjuvants are oil in water or water in oil emulsions. Cytokines adjuvant are cytokines that has been adjoined with the vaccines. Carbohydrate adjuvants includes the inulin derived adjuvants, glucans, dextrans, lentinans and mannose and galactomannans and others. Bacterial products are the adjuvants derived from bacteria. Virosomes are consist of membrane lipids and Viral membrane proteins.
A holistic study of the market has been carried out by incorporating various factors extending from country-specific demographic conditions and business cycles to market specific microeconomic influences that were needed to analyse the future trends of this market.