Adjuvants in vaccines are chemicals, microbial components, or mammalian proteins that boost the immune response to vaccine antigens. The aim to limit vaccine-related side effects while also inducing specific types of immunity has resulted in the development of various new adjuvants. Adjuvant technologies used in veterinary vaccination are more diverse, including aluminum salts, oil-in-water, water-in-oil, or multiple emulsions, polymer dispersions, saponins, and certain other naturally occurring immunostimulants. Some of the leading players in the Asia Pacific, Europe & North America veterinary vaccine adjuvants market offer the most recent vaccination adjuvants and contribute to market growth. For instance, Seppic develops and markets a variety of vaccination adjuvant technologies for human and animal health, particularly the Montanide line of oily and polymeric adjuvants. Strategic initiatives by market participants is estimated to showcase substantial growth prospects for Asia Pacific, Europe & North America veterinary vaccine adjuvants market, over the period of next eight years. Croda International Plc., for instance, announced the acquisition of Avanti Polar Lipids in July 2020. Through the combined range of capabilities and expertise, the companies aim to expand their respective range of products and services, so as to establish a stronger hold in the overall market, while also strengthening their offerings to varied end use sectors including pharmaceutical companies, biotechnology businesses and academic institutions.
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Increase in research and development for discovering new vaccines along with growing demand for advanced treatment options for animals in North America is expected to drive the growth of the veterinary vaccine adjuvants market in this region. Europe accounted for the second largest share in the Asia Pacific, Europe & North America veterinary vaccine adjuvants market. Increasing technological advancement and growing emphasis for existing and emerging zoonotic diseases is expected to contribute to the growth of the market in the Europe region. Also, Favourable government regulation regarding the development of vaccines in the major economies such as Germany, the UK, Italy, etc. is a major reason for the significant share of Europe in the veterinary vaccine adjuvants market.
In terms of revenue, global veterinary vaccine adjuvants market was valued at US$ 326.33 Mn in 2020 growing at a CAGR of 5.9% over the forecast period (2021 – 2029). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
Growing Livestock Population and Their Associated Diseases
One of the biggest worldwide health challenges is the fight against infectious diseases in both humans and animals. Some animal diseases can have a significant influence on the animals themselves, especially agricultural animals. Vaccination is currently one of the most efficient strategies of combating infectious diseases. Increased livestock populations and diseases, as well as a high prevalence of infectious zoonotic diseases is driving the growth of Asia Pacific, Europe & North America veterinary vaccine adjuvants market. According to the Centers for Disease Control and Prevention (CDC), zoonotic diseases are extremely common, with three out of every four new or emerging infectious diseases in humans being transmitted by animals, and more than six out of every ten known infectious diseases in humans being transmitted by animals.
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Development of Combination Vaccine Adjuvants to Boost Market Growth
Vaccines for the treatment of infectious diseases in animals are expected to be developed in the future decades. Part of this is due to a greater knowledge of the regulatory networks that link innate and adaptive immune responses. Combination adjuvants, which contain more than one adjuvant component and frequently act synergistically by stimulating and activating a range of cells and immunological processes, are one example of innovative technology. Several vaccinations have already been registered using these "combination adjuvants," both in humans and animals, and new combination adjuvants are in the pipeline. Combination adjuvants are a promising next generation of adjuvants that offer significant opportunities for volcanologists to tailor immune responses to specific vaccinations. The development thus indicates positive growth prospects for Asia Pacific, Europe & North America veterinary vaccine adjuvants market over the future years.
Asia Pacific to register Highest Growth Rate over the Forecast Period
Asia Pacific is estimated to register highest compound annual growth rate (CAGR) over the period of next eight years in the Asia Pacific, Europe & North America veterinary vaccine adjuvants market. Governments in growing economies such as India and China have launched different promotional activities to promote the benefits of animal husbandry, animal farming, and animal immunization, which are projected to contribute to regional market growth during the forecast period. Moreover, government-supported awareness programs, coupled with the advent of technological advancement for improving healthcare facilities for animals is expected to contribute to the market growth.
Some of the players operating in the Asia Pacific, Europe & North America veterinary vaccine adjuvants market are Bioveta, a.s., Croda International Pl, Merck & Co., Inc., Phibro Animal Health Corporation, SEPPIC, SPI Pharma, and Zoetis amongst other market participants.
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Asia Pacific, Europe & North America Veterinary Vaccine Adjuvants Market:
- By Adjuvant Type:
- Aluminum Salts
- Oil Emulsion (Oil in Water, Water in Oil, Etc.)
- Polymer Dispersions
- By Route of Administration:
- By Animal Type
- Cattle and Small Ruminants
- Pets and Horses
- By End Use
- Commercial Manufacturing
- By Region
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- North America
- Rest of North America
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