Plant-based Vaccines Market to shoot up of S$ 2,672.05 million by 2028- COVID-19 Impact and Global Analysis by The Insight Partners

The Plant-based Vaccines Market is expected to reach US$ 2,672.05 million by 2028 from US$ 1,143.72 million in 2021. The market is estimated to grow at a CAGR of 12.9 % from 2021 to 2028.

The lack of vaccines to prevent fatal diseases has created issues and prompted a worldwide focus on the development of safer, easier, and more effective vaccines. Plants are among the world's most prolific protein creators. Plants efficiently express proteins of various complexity and glycosylation patterns. Recombinant technology is used to create plant-derived vaccines, in which the gene encoding the required antigen protein is incorporated into the plant genome. Furthermore, experts estimate that the production of a plant-based vaccine takes five to six weeks instead of the five to six months required by vaccine makers to prepare the vaccine in chicken eggs. Many countries worldwide are developing an effective vaccine to combat the spread of COVID-19, and plant-based vaccines are one of the options for vaccine development.

Plant-based vaccines have a good reputation among researchers because of their well-known successful manufacturing procedure and low cost. Various research and clinical trials are carried out for the development of plant-based vaccines. For instance, Medicago Inc. a clinical-stage biotechnology company that uses plant-based technologies to develop and produce novel vaccines and antibodies had successfully produced virus-like particles (VLPs) of the novel coronavirus just 20 days after obtaining the SARS-CoV-2 gene (the virus causing the COVID-19 disease).

(**Note: The sample of this report is updated with COVID-19 impact analysis**)

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Top Leading Vendors of Plant-based Vaccines Market:-
• MEDICAGO, INC.
• British American Tobacco p.l.c.
• ICON GENETICS GMBH
• CREATIVE BIOLABS, INC.
• iBio, Inc.
• LENIOBIO
• Lumen Bioscience, Inc.
• LEAF EXPRESSION SYSTEMS LTD.
• ZYUS LIFE SCIENCES INC.
• FRAUNHOFER CMB

Plant-based Vaccines Market By Vaccine Type:
• Bacterial Vaccines
• Viral Vaccines
• Parasite Vaccines
• Plant-Derived Virus-Like Particles (VLPs)
• Others

Plant-based Vaccines Market By Source:
• Tobacco Plant
• Maize
• Potato
• Others

Plant-based Vaccines Market By Application:
• Influenza
• Zika Virus
• Ebola Virus
• COVID-19
• Poultry Disease
• Others

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Biotechnology, medical devices, pharma Industry, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Plant-based Vaccines market globally. This report on ‘ Plant-based Vaccines market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

ASSESING THE COVID-19 IMPACT on Plant-based Vaccines Market? Visit Here for PDF Copy >>
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Report Answers Following Questions:
•Which are most active companies with portfolios and recent expansions within Plant-based Vaccines industry till 2028?
•What are the significant R&D factors and data insights to responsible for developing market share?
•What are future outlay opportunities in the in Plant-based Vaccines landscape studying price trends?
•What are key features that will influence growth, including future revenue forecasts?
•What are market opportunities and possible risks related with Plant-based Vaccines by analyzing trends?
•How is the market expected to grow in the upcoming years?
To conclude with, the report effortlessly combines the data into an integrated study that understands the reputation of awareness about the combination factors involved in the Global Plant-based Vaccines Market.

Table of Content:-
Chapter 1 Global Plant-based Vaccines Market Overview
Chapter 2 Market Data Analysis
Chapter 3 Market Technical Data Analysis
Chapter 4 Market Government Policy and News
Chapter 5 Market Demand in 2021
Chapter 6 Market Status and Forecast 2021-2028
Chapter 7 Global Plant-based Vaccines Market Key Vendors
Chapter 8 Up and Down Stream Industry Analysis
Chapter 9 Marketing Strategy - Market Analysis
Chapter 10 Market Development Trend Analysis
Chapter 11 Global Plant-based Vaccines Market New Project Investment Feasibility Analysis

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This release was published on openPR.