North America Plant-based Vaccines Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Vaccine Type (Bacterial Vaccines, Viral Vaccines, Parasite Vaccines, and Others), Source (Tobacco Plant, Maize, Potato, and Others), and Application (Influenza, Zika Virus, Ebola Virus, Poultry Disease, and Others)
Market Introduction
The North America plant-based vaccines market is divided into the US, Canada, and Mexico. North America is likely to capture significant share of the global market in 2021. The key factors that are driving the growth of the market are rising number of product launch along with the spur in research and development activities. However, during the forecast period the market is likely to get restrained by the factors such as challenges associated with the product approval, and the contamination and environmental risks for manufacturing plant-based vaccines.
North America is one of the most important regions for the adoption and growth of new technologies due to flattering government policies to boost innovation, the presence of a huge industrial base, and high purchasing power of consumers, mainly in major countries such as the US and Canada. Hence, any impact on the growth of industries affects the region's economic growth negatively. The US is the world’s worst-affected country due to the COVID-19 outbreak. The US is an eminent plant-based vaccines market as the major market players are located in the US. The factory and business shutdowns across the US, Canada, and Mexico negatively impacted various industries in 2020. On the other side, the pandemic has offered vital growth opportunities for the players operating in the plant-based vaccines market due to rising numbers of COVID-19 patients. For instance, several businesses are pursuing research and development for the creation of COVID-19 vaccines based on plants. For instance, in June 2021, iBio, a biotech innovator and biologics contract manufacturing organization, announced that preclinical studies of IBIO-202, its subunit vaccine candidate that targets the nucleocapsid protein (“N protein”) of SARS-CoV-2, demonstrated a robust, antigen-specific, and memory T-cell response. The development of plant-based vaccine fuels the growth of the market.
Market Overview and Dynamics
The plant-based vaccines market in North America is expected to grow from US$ 498.66 million in 2021 to US$ 1,181.06 million by 2028; it is estimated to grow at a CAGR of 13.1% from 2021 to 2028. Infectious disorders or diseases are caused by pathogenic microorganisms such as bacteria, viruses, parasites, or fungus, and they can be transmitted from one person to another either directly or indirectly. These diseases can be divided into three categories – diseases that cause high levels of mortality, diseases that inflict a large load of disability on populations, and diseases that—due to their rapid and unexpected spread—can have serious consequences. Many of the major health factors and infectious disease causes are beyond the health sector's direct control. Sanitation and water supply, environmental and climate change, education, agriculture, trade, tourism, transportation, industrial development, and housing are among the other sectors engaged.
Key Market Segments
North America plant-based vaccines market is segmented into vaccine type, source, application, and country. Based on vaccine type, the North America plant-based vaccines market is segmented into bacterial vaccines, viral vaccines, parasite vaccines, plant-derived virus-like particles, and others. The bacterial vaccines segment held the largest share of the market in 2021. Based on source, the North America plant-based vaccines market is segmented into tobacco plant, maize, potato, and others. The tobacco plant segment held the largest share of the market in 2021. Based on application, the North America plant-based vaccines market is segmented into influenza, zika virus, Ebola virus, poultry disease, COVID-19, and others. The influenza segment held the largest share of the market in 2021. Based on country, the North America plant-based vaccines market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2021.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the plant-based vaccines market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are British American Tobacco p.l.c.; Creative Biolabs, Inc.; Fraunhofer; iBio, Inc.; Leaf Expression Systems Ltd.; LenioBio; Lumen Bioscience, Inc.; Medicago, Inc.; and ZYUS Life Sciences Inc.
Reasons to buy report
- To understand the North America plant-based vaccines market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America plant-based vaccines market.
- Efficiently plan M&A and partnership deals in North America plant-based vaccines market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America plant-based vaccines market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Plant-based Vaccines Market Segmentation
North America Plant-based Vaccines Market - By Vaccine Type
- Bacterial Vaccines
- Viral Vaccines
- Parasite Vaccines
- Plant-Derived Virus-Like Particles
- Others
North America Plant-based Vaccines Market - By Source
- Tobacco Plant
- Maize
- Potato
- Others
North America Plant-based Vaccines Market - By Application
- Influenza
- Zika Virus
- Ebola Virus
- COVID-19
- Poultry Disease
- Others
North America Plant-based Vaccines Market - By Country
- US
- Canada
- Mexico
North America Plant-based Vaccines Market - Company Profiles
- British American Tobacco p.l.c.
- Creative Biolabs, Inc.
- Fraunhofer
- iBio, Inc.
- Leaf Expression Systems Ltd.
- LenioBio
- Lumen Bioscience, Inc.
- Medicago, Inc.
- ZYUS Life Sciences Inc.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Plant-based Vaccines Market – By Vaccine Type
1.3.2 North America Plant-based Vaccines Market – By Source
1.3.3 North America Plant-based Vaccines Market – By Application
1.3.4 North America Plant-based Vaccines Market – By Country
2. North America Plant-based Vaccines Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Plant-based Vaccines Market– Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Experts Opinion
5. North America Plant-based Vaccines Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Plant-Based Vaccines Witnessing Rising Number of Research & Development (R&D) Activities
5.1.2 Rising Instances of Infectious Diseases
5.2 Market Restraints
5.2.1 High Risk of Contamination Including Environmental Risks for Manufacturing Plant-Based Vaccines
5.3 Market Opportunities
5.3.1 Enhancements in Production of Plant-Based Vaccines
5.4 Future Trends
5.4.1 Rise in Product Approvals and Increase in Prevalence of Infectious Diseases
5.5 Impact Analysis
6. Plant-based Vaccines Market– North America Analysis
6.1 North America Plant-based Vaccines Market Revenue Forecast and Analysis
7. North America Plant-Based Vaccines Market Analysis – By Vaccine Type
7.1 Overview
7.2 North America Plant-based Vaccines Market Revenue Share, by Vaccine Type (2021 and 2028)
7.3 Bacterial Vaccines
7.3.1 Overview
7.3.2 Bacterial Vaccines: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Viral Vaccines
7.4.1 Overview
7.4.2 Viral Vaccines: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Parasite Vaccines
7.5.1 Overview
7.5.2 Parasite Vaccines: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Plant-derived Virus-like Particles (VLPs)
7.6.1 Overview
7.6.2 Plant-derived Virus-like particles (VLPs): Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others: Plant-based Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Plant-based Vaccines Market Analysis – By Source
8.1 Overview
8.2 North America Plant-based Vaccines Market Revenue Share, by Source (2021 and 2028)
8.3 Tobacco Plant
8.3.1 Overview
8.3.2 Tobacco Plant: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Maize
8.4.1 Overview
8.4.2 Maize: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
8.5 Potato
8.5.1 Overview
8.5.2 Potato: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
9. North America Plant-based Vaccines Market Analysis– by Application
9.1 Overview
9.2 North America Plant-based Vaccines Market Revenue Share, by Application (2021 and 2028)
9.3 Influenza
9.3.1 Overview
9.3.2 Influenza: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
9.4 Zika Virus
9.4.1 Overview
9.4.2 Zika Virus: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
9.5 Ebola Virus
9.5.1 Overview
9.5.2 Ebola Virus: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
9.6 Poultry Disease
9.6.1 Overview
9.6.2 Poultry Disease: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
9.7 Covid-19
9.7.1 Overview
9.7.2 Covid-19: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Others: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
10. North America Plant-based Vaccines Market – Country Analysis
10.1 North America: Plant based vaccines Market
10.1.1 Overview
10.1.2 North America: Plant-Based Vaccines Market, by Country, 2021 & 2028 (%)
10.1.2.1 US: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.1 US: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.2 US Plant-Based Vaccines Market, by Vaccine Type – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.3 US Plant-Based Vaccines Market, by Source – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.4 US Plant-Based Vaccines Market, by Application– Revenue and Forecast to 2028 (USD Million)
10.1.2.2 Canada: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.1 Canada: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.2 Canada Plant-Based Vaccines Market, by Vaccine Type – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.3 Canada Plant-Based Vaccines Market, by Source– Revenue and Forecast to 2028 (USD Million)
10.1.2.2.4 Canada Plant-Based Vaccines Market, by Application– Revenue and Forecast to 2028 (USD Million)
10.1.2.3 Mexico: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.1 Mexico: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.2 Mexico Plant-Based Vaccines Market, by Vaccine Type – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.3 Mexico Plant-Based Vaccines Market, by Source – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.4 Mexico Plant-Based Vaccines Market, by Application– Revenue and Forecast to 2028 (USD Million)
11. Impact Of COVID-19 Pandemic On North America Plant-based Vaccines Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Plant-based Vaccines Market –Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Plant-based Vaccines Market, 2019-2021
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 MEDICAGO, INC.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 British American Tobacco p.l.c.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 CREATIVE BIOLABS, INC.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 iBio, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 LENIOBIO
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Lumen Bioscience, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 LEAF EXPRESSION SYSTEMS LTD.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 ZYUS LIFE SCIENCES INC.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 FRAUNHOFER CMB
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. US Plant-Based Vaccines Market, by Vaccine Type – Revenue and Forecast to 2028 (USD Million)
Table 2. US Plant-Based Vaccines Market, by Source – Revenue and Forecast to 2028 (USD Million)
Table 3. US Plant-Based Vaccines Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 4. Canada Plant-Based Vaccines Market, by Vaccine Type -Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Plant-Based Vaccines Market, by Source - Revenue and Forecast to 2028 (USD Million)
Table 6. Canada Plant-Based Vaccines Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico Plant-Based Vaccines Market, by Vaccine Type -Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Plant-Based Vaccines Market, by Source – Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico Plant-Based Vaccines Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. Recent organic developments in the Plant-based Vaccines Market
Table 11. Glossary of Terms, North America Plant-based Vaccines devices market
LIST OF FIGURES
Figure 1. North America Plant-based Vaccines Market Segmentation
Figure 2. North America Plant-based Vaccines Market Segmentation, By Country
Figure 3. North America Plant-based Vaccines Market Overview
Figure 4. Bacterial Vaccines Held the Largest Share of the Vaccine Type Segment in North America Plant-based Vaccines Market
Figure 5. US to Show Significant Growth during Forecast Period
Figure 7. North America PEST Analysis
Figure 8. North America Plant-Based Vaccines Market Impact Analysis of Driver and Restraints
Figure 9. North America Plant-based Vaccines Market– Revenue Forecast and Analysis – 2019- 2028
Figure 10. North America Plant-based Vaccines Market Revenue Share, by Vaccine Type (2021 and 2028)
Figure 11. North America Bacterial Vaccines: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. North America Viral Vaccines: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. North America Parasite Vaccines: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. North America Plant-derived Virus-like particles (VLPs): Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. North America Others: Plant-based Vaccines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Plant-based Vaccines Market Revenue Share, by Source (2021 and 2028)
Figure 17. North America Tobacco Plant: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. North America Maize: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. North America Potato: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. North America Others: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. North America Plant-based Vaccines Market Revenue Share, by Application (2021 and 2028)
Figure 22. North America Influenza: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. North America Zika Virus: Plant-based Vaccines Market - Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. North America Ebola Virus: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 25. North America Poultry Disease: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 26. North America Covid-19: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 27. North America Others: Plant-based Vaccines Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 28. North America: Plant-Based Vaccines Market, by Key Country – Revenue (2021) (USD Million)
Figure 29. North America: Plant-Based Vaccines Market, by Country, 2021 & 2028 (%)
Figure 30. US: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
Figure 31. Canada: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
Figure 32. Mexico: Plant-Based Vaccines Market – Revenue and Forecast to 2028 (USD Million)
Figure 33. Impact of COVID-19 Pandemic in North American Country Markets
Figure 34. Growth Strategies in the Plant-based Vaccines Market, 2019-2021- British American Tobacco p.l.c.
- Creative Biolabs, Inc.
- Fraunhofer
- iBio, Inc.
- Leaf Expression Systems Ltd.
- LenioBio
- Lumen Bioscience, Inc.
- Medicago, Inc.
- ZYUS Life Sciences Inc.
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