Global Vaccine Adjuvant Market to grow at a potential CAGR of 10.8% during 2016-2021
According to the report "Vaccine Adjuvant Market” published by Market Data Forecast, the global market is projected to reach USD 788.21 Million by 2021, at a CAGR of 10.8% from 2016 to 2021.
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Vaccine adjuvants benefit in the improvement of novel and advanced vaccine, which was not probable earlier due to less effectiveness of vaccine using only antigen. . Specifically, adjuvants help vaccines work better. Some vaccines prepared from deteriorated or dead germs comprise of naturally occurring adjuvants and support the body to create a strong protective immune response.
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Factors driving the world vaccine adjuvants market are increasing funding of government in R&D, high occurrence of diseases, growing emphasis on enriched vaccines, and strategic progressive moves assumed by companies such as contracts, acquisitions, and associations. Vaccines comprising of novel adjuvant formulations are progressively getting advanced development and started reaching licensing stages, providing new tools to fill previously unmet clinical needs.
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1) By Type:
•Bacteria Derived Adjuvants
2) By Route of Administration:
3) By Mechanism of Action:
4) By Geography:
•Middle-East and Africa
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The key players in the vaccine adjuvants market include MPV Technologies (U.S.), Avanti Polar Lipids, Novavax Inc. (U.S.), Inc. (U.S.), Brenntag Biosector (Denmark), SEPPIC (France), Agenus, Inc. (U.S.), Invivogen (U.S.), SPI Pharma, Inc. (U.S.), CSL Limited (Australia), and OZ Biosciences (France).
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