About Edible Vaccines
Edible vaccines are vaccines made from transgenic plants which are used to make Bio friendly vaccines and are globally accepted to improve the safety of individuals, as these edible vaccines are non-toxic in nature. Edible vaccines are preferred worldwide to provide nutrition in terms of proteins, vitamins and other nutritional qualities which are primary need vaccines to immunize the consumer against disease. Easy to store ability, cost-effective, easily administrable and noble cause interconnected with edible vaccines market is expected to raise the demand for the forecasted year.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Edible Vaccines market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GlaxoSmithKline Plc. (United Kingdom), Merck & Co. Inc. (United States), Sanofi-Pasteur (France), Merial (France) and Santa Cruz Animal Health (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Edible Vaccines market by Type (Inactivated Vaccines and Others), Application (Medical Care, Livestock and Others) and Region.
On the basis of geography, the market of Edible Vaccines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rapid Advancement In Technologies Particularly in the Healthcare Sector
Market Growth Drivers:
High Prevalence of Infectious Diseases, Rising Focus on Immunization Programs and Growing Government Support for Vaccine Developmen
Challenges:
Minimizing the Side Effects
Restraints:
High Cost Involved in Vaccine Development
Opportunities:
High growth prospectus in various regions due to increasing infection and Focus on therapeutic vaccines
Market Leaders and their expansionary development strategies
On October 26, 2023, Plant-based food giant Impossible Foods announced a partnership with Kentucky BioProcessing (KBP) to develop and scale up the production of edible plant-based proteins for use in edible vaccines.
On August 10, 2023, California-based biotechnology company Plantae announced a collaboration with the University of California, Berkeley, to develop a new platform for delivering edible vaccines using genetically modified leafy greens.
The FDA regulates a variety of vaccine types, and is preparing to regulate new products under study, such as "edible vaccines." According to FDA Edible vaccines have some advantages over traditional vaccines. They are unable to cause infection, are relatively easy to produce in large quantities, and are stable during storage. Researchers produce edible vaccines by genetically altering the edible parts of plants. Substances that stimulate an immune response (antigens) to rabies have been produced in tomato plants, and antigens to hepatitis and cholera have been produced in U.S. Food and Drug Administration.
Key Target Audience
Manufacturers and suppliers of Edible vaccines, Research and development companies, Medical research laboratories, Academic medical centers and universities, Research and consulting firms and Venture capital firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.