PUBLISHER: The Business Research Company | PRODUCT CODE: 1670846
PUBLISHER: The Business Research Company | PRODUCT CODE: 1670846
Plant-based vaccines are recombinant vaccines that utilize antigens against specific infections incorporated into selected plants. These vaccines offer an effective means of treating various human and animal diseases.
The primary types of plant-based vaccines include bacterial vaccines, viral vaccines, parasite vaccines, and others. Bacterial vaccines involve preparations of either dead or weakened bacteria utilized as active immunizing agents. Various plant sources, including tobacco plants, maize, and potatoes, are employed for this purpose. Plant-based vaccines find applications in addressing diseases such as influenza, Zika virus, Ebola virus, poultry diseases, and others.
The plant-based vaccines market research report is one of a series of new reports from The Business Research Company that provides plant-based vaccines market statistics, including plant-based vaccines industry global market size, regional shares, competitors with a plant-based vaccines market share, detailed plant-based vaccines market segments, market trends, and opportunities, and any further data you may need to thrive in the plant-based vaccines industry. This plant-based vaccines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The plant-based vaccines market size has grown rapidly in recent years. It will grow from $1.66 billion in 2024 to $1.83 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to traditional vaccine production challenges, need for cost-effective vaccine production, emergence of plant molecular farming, reduced allergenic potential, synthetic biology applications
The plant-based vaccines market size is expected to see rapid growth in the next few years. It will grow to $2.79 billion in 2029 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to pandemic preparedness, global health security, expansion of vaccine applications, pharmaceutical industry adoption. Major trends in the forecast period include technological advancements in plant biotechnology, environmental sustainability, integration of artificial intelligence, and integration of ML.
The high prevalence of infectious diseases is expected to drive the growth of the plant-based vaccine market in the future. Infectious diseases are illnesses caused by germs, such as bacteria, viruses, fungi, or parasites. Plant-based vaccines, used in both traditional and modern medicine for various conditions, including infectious diseases, can offer safe, effective, stable, and affordable options for prophylactics, vaccines, and treatments. For instance, in October 2022, according to the Global Tuberculosis Report by the World Health Organization, a Switzerland-based global health agency, the global incidence of tuberculosis (TB) was estimated at 10.6 million cases, with a rate of 134 cases per 100,000 population. TB cases were predominantly reported in the Southeast Asia region, accounting for 45% of the total, followed by Africa with 23%. Therefore, the high prevalence of infectious diseases is fueling the growth of the plant-based vaccine market.
The rising demand for personalized medicine is also expected to contribute to the growth of the plant-based vaccine market going forward. Personalized medicine tailors medical treatments to an individual's unique genetic makeup, providing more effective and precise healthcare solutions. Plant-based vaccines play a role in personalized medicine by allowing treatments to be customized based on individual genetic profiles, potentially offering safer and more effective immunotherapies by adapting vaccine components to specific patient needs and responses. For example, in 2022, according to the Personalized Medicine Coalition, a US-based professional membership organization, the Food and Drug Administration's Center for Drug Evaluation and Research (CDER) approved 37 new molecular entities (NMEs), and of the 35 therapeutic NMEs, around 34% (or 12) were classified as personalized medicines by the PMC. Therefore, the growing demand for personalized medicine is driving the expansion of the plant-based vaccine market.
Government funding for vaccine development is expected to further propel the growth of the plant-based vaccine market. Government funding refers to the investment that supports specific industries to advance various aspects. Numerous government agencies are financing vaccine development efforts, including for COVID-19 vaccines, which aids in the creation of different types of vaccines, including plant-based COVID-19 vaccines. For instance, in November 2022, the U.S. Department of Health and Human Services (HHS), a US-based government agency, launched a new $350 million initiative to support HRSA-backed health centers in boosting COVID-19 vaccination efforts. This funding enables health centers to develop COVID-19 vaccines through mobile, drive-up, walk-up, or community-based vaccination events and collaborate with community organizations and other efforts to increase vaccine administration.
Product innovation is a key trend gaining traction in the plant-based vaccine market. Leading companies in this sector are focused on developing innovative products to maintain their market position. For example, in February 2022, Medicago Inc., a Canada-based biopharmaceutical company, and GSK PLC, a UK-based pharmaceutical and biotechnology company, announced that Health Canada had approved COVIFENZ, a COVID-19 vaccine. COVIFENZ is the first plant-based virus-like particles (VLP), recombinant, adjuvanted vaccine available for COVID-19. It utilizes COVID-19-like particle (CoVLP) technology and consists of recombinant spike (S) glycoproteins produced as VLPs.
Major companies in the plant-based vaccine market are focusing on advanced solutions such as plant-technology platforms to optimize production scalability, improve vaccine efficacy, and streamline cost-effective manufacturing. Plant-technology platforms leverage plant systems to efficiently produce vaccines and therapeutic proteins. For instance, in January 2022, British American Tobacco, a UK-based consumer goods company, launched KBio Holdings Limited (KBio), a biotech company aimed at accelerating the research, development, and production of novel treatments. KBio is focused on treatments for rare and infectious diseases, harnessing both the plant-based technology platform and its existing clinical and pre-clinical vaccines and antibody pipeline. The plant-based production system offers potential benefits such as greater speed, scalability, and thermostability.
Major companies operating in the plant-based vaccines market include Sanofi Pasteur SA, GlaxoSmithKline plc., British American Tobacco PLC, ICON Plc., Agenus Inc., Medicago Inc., Panacea Biotec Limited, Creative Biolabs Inc., InVitria, Fraunhofer USA Inc., Biodextris Inc., Intravacc B.V, Avesthagen Limited, Calyxt Inc., Zyus Life Sciences Inc., Mapp Biopharmaceutical Inc., Kentucky BioProcessing Inc., Planet Biotechnology Inc., Icon Genetics GmbH, PlantForm Corporation, LenioBio GmbH, iBio Inc., Lumen Bioscience Inc., Baiya Phytopharm Co. Ltd., Greenovation Biotech GmbH, Pevion Biotech AG
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.
The countries covered in the plant-based vaccines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The plant-based vaccines market consists of sales of cholera vaccines and norovirus vaccines. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Plant-Based Vaccines Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on plant-based vaccines market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for plant-based vaccines ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The plant-based vaccines market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.