Global Recombinant Protein Vaccines Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 3.03 Million |
Market Size (Forecast Year) |
USD 5.22 Million |
CAGR |
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Major Markets Players |
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Global Recombinant Protein Vaccines Market, By Product (Bacterial Cells Culture, Mammalian Cells Culture), Application (Human, Animal) – Industry Trends and Forecast to 2031.
Recombinant Protein Vaccines Market Analysis and Size
The "recombinant protein vaccine market" refers to the segment of the pharmaceutical and biotechnology industry that focuses on the development, manufacturing, and commercialization of vaccines based on recombinant protein technology. In this market, companies and organizations create vaccines by using recombinant DNA technology to produce specific proteins or antigens from pathogens, such as viruses or bacteria, for the purpose of immunizing individuals against various infectious diseases.
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Data Bridge Market Research analyzes that the global recombinant protein vaccines market, which was USD 3.03 million in 2023, is likely to reach USD 5.22 million by 2031 and is expected to undergo a CAGR of 13.4% during the forecast period. “Bacterial cell culture” dominates the product segment of the recombinant protein vaccines market due to the growing demand for better methods for treatment in patients. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2016-2021) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, and Pricing in USD |
Segments Covered |
Product (Bacterial Cells Culture, Mammalian Cells Culture), Application (Human, Animal) |
Countries Covered |
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East & Africa |
Market Players Covered |
GSK (U.K.), Sanofi (France), Zoties (U.S.), Elanco (U.S.), Boehringer-Ingelheim (Germany), Indian Immunologicals (India), Plumbline Life Sciences (South Korea), Novavax (U.S.), Medicago (Canada) |
Market Opportunities |
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Market Definition
A recombinant protein vaccine is a type of vaccine that is designed to stimulate an immune response by introducing a specific protein or antigen derived from a pathogen (such as a virus or bacterium) into the body. The protein or antigen is produced using recombinant DNA technology, which involves inserting the genetic code for the desired protein into a host organism, often a bacterium or yeast, to produce the protein in large quantities.
Global Recombinant Protein Vaccines Market Dynamics
Drivers
- Advancements in biotechnology
Ongoing advancements in biotechnology, particularly in the fields of genetic engineering and recombinant DNA technology, have enabled the efficient production of recombinant proteins. This has facilitated the development of recombinant protein-based vaccines.
- Safety and efficacy
Recombinant protein vaccines are often considered safer and more predictable than traditional vaccines because they do not contain live or attenuated pathogens. They are designed to trigger an immune response without causing the disease they protect against, making them a preferred choice for some vaccine applications.
Opportunities
- Technological advancements
Advances in biotechnology, such as improved protein expression systems, protein engineering techniques, and bioinformatics, are providing opportunities to design and produce more effective recombinant protein vaccines. These technological advancements can lead to enhanced vaccine efficacy and safety.
- Reduced allergic reactions
The ability to engineer recombinant protein vaccines to reduce allergenicity makes them suitable for individuals with allergies. This presents an opportunity to expand vaccine coverage among people who might be contraindicated for traditional vaccines.
Restraints/Challenges
- Complex manufacturing
The manufacturing process for recombinant protein vaccines can be complex and require specialized facilities and expertise. This complexity can limit production capacity and increase costs.
- Vaccine hesitancy
Vaccine hesitancy, driven by misinformation or mistrust, can impact vaccine uptake. This challenge can affect the market's growth, especially when there are concerns about the safety and efficacy of vaccines.
This recombinant protein vaccines market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the recombinant protein vaccines market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.
Global Recombinant Protein Vaccines Market Scope
The recombinant protein vaccines market is segmented on the basis of product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Bacterial Cells Culture
- Mammalian Cells Culture
Application
- Human
- Animal
Global Recombinant Protein Vaccines Market Regional Analysis/Insights
The recombinant protein vaccines market is analyzed and market size insights and trends are provided by country, product, and application as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and rest of Middle East and Africa.
North America is expected to dominate the market due to the strong base of healthcare facilities, the strong presence of major players in the market and the extraordinary healthcare infrastructure.
Asia-Pacific is expected to witness significant growth during the forecast period of 2024 to 2031 due to the increase in government initiatives to promote healthcare, the rising health awareness among the people and growing demand for advanced medical technology for diagnosis and treatment procedures, the large population pool, and the growing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The recombinant protein vaccines market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Recombinant Protein Vaccines market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the recombinant protein vaccines market.
Competitive Landscape and Recombinant Protein Vaccines Market Share Analysis
The recombinant protein vaccines market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the recombinant protein vaccines market.
Some of the major players operating in the recombinant protein vaccines market are:
- GSK (U.K.)
- Sanofi (France)
- Zoties (U.S.)
- Elanco (U.S.)
- Boehringer-Ingelheim (Germany)
- Indian Immunologicals (India)
- Plumbline Life Sciences (South Korea)
- Novavax (U.S.)
- Medicago (Canada)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.