Vaccine Adjuvants Market Size and Share

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Vaccine Adjuvants Market Analysis by Mordor Intelligence

The vaccine adjuvants market stands at USD 2.38 billion in 2025 and is forecast to reach USD 3.24 billion by 2030, advancing at a 6.36% CAGR. This sustained expansion reflects the pharmaceutical sector’s pivot toward next-generation immunization platforms that need sophisticated adjuvant technologies to amplify immune responses, enable novel antigen formats, and support thermostable formulations. Government commitments to pandemic preparedness add predictable purchase volumes, while AI-guided design shortens formulation cycles and reduces cold-chain dependence, lowering distribution costs and widening global access. Intensifying research into mRNA, self-amplifying RNA, and virus-like particle (VLP) vaccines further lifts demand, as these platforms rely on potent adjuvants to offset the low intrinsic immunogenicity of purified or synthetic antigens [1]Nature, "Vaccine innovation moves beyond COVID-19," nature.com. Supply security for saponin and triterpenoid inputs and regulatory clarity for novel pathways such as STING agonism remain watchpoints, yet continued capital inflows into biotech innovation signal confidence in the long-term attractiveness of the vaccine adjuvants market.

Key Report Takeaways

  • By product type, saponin and triterpenoid systems led with 26.78% revenue share in 2024, while virus-like particles are projected to grow at a 7.12% CAGR through 2030.  
  • By usage type, active immunostimulants held 47.89% of the vaccine adjuvants market share in 2024; vehicle adjuvants record the highest forecast CAGR at 7.04% to 2030.  
  • By disease type, infectious-disease vaccines accounted for 72.45% of the vaccine adjuvants market size in 2024, whereas oncology applications are set to expand at 7.06% CAGR.  
  • By application, commercial vaccines captured 68.31% share of the vaccine adjuvants market size in 2024; research applications are advancing at a 7.34% CAGR through 2030.  
  • By geography, North America commanded 41.12% share in 2024, while Asia-Pacific is forecast to accelerate at a 7.45% CAGR to 2030.  

Segment Analysis

By Product Type: Saponin Dominance Faces VLP Disruption

Saponin and triterpenoid systems controlled 26.78% of the vaccine adjuvants market size in 2024, anchored by QS-21 and AS01 deployments in shingles, malaria, and tuberculosis programs. Their dual induction of humoral and cellular immunity sustains demand, yet natural-source extraction risks and rising sustainability mandates propel investment in semi-synthetic analogs. Virus-like particles, though holding a smaller base, will rise at a 7.12% CAGR through 2030, propelled by BacFreets contamination-reduction technology that simplifies scale-up.

Manufacturers increasingly assess supply diversification to mitigate saponin harvest volatility, while synthetic biology labs refine VLP scaffolds that co-display multivalent antigens and intrinsic pattern-recognition motifs, potentially sidelining separate adjuvant components. Aluminum-salt, emulsion, and liposome formulations continue anchoring routine pediatric schedules, whereas carbohydrate and bacterial-derived TLR agonists address niche indications that require tailored immune polarization. This coexistence of legacy and disruptive technologies ensures the vaccine adjuvants market retains a heterogeneous product landscape.

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Note: Segment shares of all individual segments available upon report purchase

By Usage Type: Active Immunostimulants Lead Vehicle Innovation

Active immunostimulants secured 47.89% of the vaccine adjuvants market share in 2024, underpinned by mechanistically defined agents such as Dynavax’s CpG 1018 and GSK’s MPL. Regulatory familiarity with these pathways accelerates review timelines and fosters platform approvals across multiple antigens. Vehicle adjuvants, encompassing lipid nanoparticles and polymeric carriers, are projected to grow at 7.04% CAGR through 2030 as developers demand integrated delivery–stimulation solutions.

The vaccine adjuvants market increasingly values vehicles that co-encapsulate antigens and immunopotentiators, maintaining colloidal stability across temperature excursions. Recent manganese-lipid hybrid particles demonstrated stronger CD8+ responses against varicella-zoster versus alum comparators, highlighting functional gains that drive substitution waves. Carrier adjuvants maintain relevance for mucosal or slow-release applications, ensuring each modality retains a defined opportunity space within the broader vaccine adjuvants market.

By Disease Type: Cancer Applications Accelerate Beyond Infectious-Disease Base

Established infectious-disease programs represented 72.45% of the vaccine adjuvants market size in 2024, backed by government procurement for influenza, pneumococcal, and H5N1 reserves. Despite this dominance, oncology candidates will post a 7.06% CAGR to 2030 as neoantigen and tumor-associated antigen pipelines mature. Personalized vaccines demand adjuvants that orchestrate robust CD4+ and CD8+ activation while avoiding regulatory T-cell expansion, spurring exploration of STING agonists and TLR7/8 modulators.

Clinical readouts show adjuvanted melanoma vaccines achieving durable response rates when combined with checkpoint inhibitors, suggesting cross-portfolio synergies that elevate total addressable value. Beyond cancer, autoimmune desensitization and allergy prophylaxis remain exploratory territories, holding incremental upside for the vaccine adjuvants market if safety-efficacy trade-offs can be resolved.

Vaccine Adjuvants Market: Market Share by Disease Type
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Note: Segment shares of all individual segments available upon report purchase

By Application: Research Momentum Catalyzes Commercial Pipelines

Commercial supply accounted for 68.31% of the vaccine adjuvants market size in 2024, driven by influenza, pediatric combination, and travel-health franchises. However, research applications will outpace with a 7.34% CAGR, reflecting post-pandemic R&D budgets that prioritize rapid-response platforms. Grants from BARDA, CEPI, and Horizon Europe specifically earmark funds for adjuvant discovery, ensuring a steady influx of preclinical data that de-risks later commercial launches.

Academic–industry consortia now employ high-content screening, AI-assisted molecular design, and systems immunology to uncover novel adjuvant–antigen synergies, shortening lead-optimization cycles. This iterative feedback loop means today’s laboratory breakthroughs seed tomorrow’s licensed formulations, embedding a virtuous innovation cycle inside the vaccine adjuvants market.

Geography Analysis

North America preserved its leadership with 41.12% share in 2024, supported by mature manufacturing capacity, public-health procurement budgets, and FDA regulatory precedents that streamline platform reviews. Under Operation Warp Speed and successor initiatives, federal funding subsidizes scale-up of mRNA-optimized adjuvant systems, further entrenching regional dominance. Clustered academic centers in Boston, San Francisco, and Toronto forge translational pipelines that feed commercial portfolios, ensuring the vaccine adjuvants market remains anchored in the region.

Asia-Pacific is projected to record a 7.45% CAGR through 2030, propelled by China’s biopharma capacity additions, India’s contract-manufacturing economies of scale, and ASEAN immunization-program expansions. Government subsidies for thermostable adjuvant R&D address tropical cold-chain constraints, while Japan’s chemical-industry strength accelerates lipid-nanoparticle innovations. Local regulatory harmonization under ASEAN’s Vaccine Regulatory Mechanism reduces approval redundancies, improving speed-to-market for regional developers and elevating the vaccine adjuvants market in Asia-Pacific.

Europe maintains steady mid-single-digit growth as the EMA’s adaptive-pathways framework supports conditional licensing for priority adjuvant platforms. Cross-border procurement mechanisms under the EU Joint Procurement Agreement aggregate demand, giving suppliers predictable volumes while enabling price negotiations that preserve margin discipline. Chemical-specialty infrastructure in Germany and the Netherlands sustains high-purity excipient supply, supporting export of adjuvant intermediates to other regions.

Vaccine Adjuvants Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The vaccine adjuvants industry exhibits moderate concentration. GSK leverages its AS-series portfolio across shingles, malaria, and RSV programs, while Dynavax’s CpG platform anchors hepatitis B and COVID-19 offerings. Novavax pairs Matrix-M with VLP and recombinant constructs, demonstrating how proprietary adjuvants elevate antigen value. Collectively, the top five companies hold around 60–65% of global revenues, leaving a competitive corridor for mid-cap biotech entrants. 

Strategic acquisitions reinforce platform control: Croda’s USD 185 million purchase of Avanti Polar Lipids secured high-grade lipids essential for mRNA products, whereas SK Bioscience’s USD 244 million absorption of IDT Biologika integrated fill-finish capacity with adjuvant manufacturing. Partnerships proliferate, with large pharmas licensing TLR7/8 or STING agonists from specialty firms to diversify pipeline risk. White-space opportunities center on thermostable nano-alum, personalized adjuvant selection based on HLA haplotypes, and combination formulations that synchronize innate-immune triggers.

Barriers to entry remain significant due to regulatory complexity, toxicology costs, and supply-chain validation, yet venture investment into first-in-class mechanisms signals sustained appetite for disruptive differentiation. Companies able to prove both immunological superiority and cost-effective scalability are positioned to capture incremental share as the vaccine adjuvants market expands toward 2030.

Vaccine Adjuvants Industry Leaders

  1. Adjuvatis

  2. Merck KGaA

  3. GlaxoSmithKline plc

  4. Novavax Inc.

  5. Croda International plc

  6. *Disclaimer: Major Players sorted in no particular order
Vaccine Adjuvants Market Concentration
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Recent Industry Developments

  • June 2025: University of Pittsburgh and Pennsylvania State University reported trans-amplifying mRNA constructs requiring 40× less mRNA than conventional formats, cutting raw-material costs and easing manufacturing bottlenecks.
  • June 2025: Wageningen University introduced BacFreets processing, eliminating 99.97% baculovirus contamination in VLP production, enhancing commercial scalability.
  • June 2025: ACIP endorsed phasing out thimerosal-containing influenza shots and approved clesrovimab monoclonal antibody for RSV prophylaxis, signaling evolving safety standards.
  • May 2025: Cornell University scientists developed poly(carboxybetaine) lipids that substitute PEG in mRNA nanoparticles, reducing anti-PEG antibody formation and enabling repeat dosing.

Table of Contents for Vaccine Adjuvants Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Expanding Government Immunization Recommendations
    • 4.2.2 Unmet Vaccine Needs for Emerging Zoonoses
    • 4.2.3 Rising Adoption of Recombinant & Synthetic Antigens
    • 4.2.4 Accelerating Mrna-Platform Demand for Novel Adjuvants
    • 4.2.5 Expansion of Microbial-Derived TLR Agonist Pipelines
    • 4.2.6 AI-Designed Nano-Alum Formulations Enabling Cold-Chain Free Distribution
  • 4.3 Market Restraints
    • 4.3.1 Local & Systemic Toxicity Concerns
    • 4.3.2 High Discovery & Pre-Clinical Screening Costs
    • 4.3.3 Scale-Up Challenges for Squalene & QS-21 Supply Chains
    • 4.3.4 Regulatory Uncertainty Around Novel STING Agonists
  • 4.4 Regulatory Landscape
  • 4.5 Porters Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Product Type
    • 5.1.1 Mineral-salt Adjuvants
    • 5.1.2 Saponin and Triterpenoid
    • 5.1.3 Emulsion-based
    • 5.1.4 Liposome and Virosome
    • 5.1.5 Carbohydrate & Polysaccharide
    • 5.1.6 Bacteria-derived TLR agonists
    • 5.1.7 Virus-Like Particles
    • 5.1.8 Other Product Types
  • 5.2 By Usage Type
    • 5.2.1 Active Immunostimulants
    • 5.2.2 Carriers
    • 5.2.3 Vehicle Adjuvants
  • 5.3 By Disease Type
    • 5.3.1 Infectious Diseases
    • 5.3.2 Cancer
    • 5.3.3 Others
  • 5.4 By Application
    • 5.4.1 Research Applications
    • 5.4.2 Commercial Applications
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 GlaxoSmithKline plc
    • 6.3.2 Seppic (Air Liquide)
    • 6.3.3 Dynavax Technologies Corp.
    • 6.3.4 Croda International plc (Croda Pharma)
    • 6.3.5 CSL Limited (BioCSL, Seqirus)
    • 6.3.6 Merck KGaA (Sigma-Aldrich)
    • 6.3.7 Novavax Inc.
    • 6.3.8 Thermo Fisher Scientific Inc.
    • 6.3.9 Agenus Inc.
    • 6.3.10 Adjuvatis SAS
    • 6.3.11 InvivoGen
    • 6.3.12 SPI Pharma (ABF plc)
    • 6.3.13 Vertellus
    • 6.3.14 Pacific GeneTech Ltd.
    • 6.3.15 OZ Biosciences
    • 6.3.16 Adjuvance Technologies Inc.
    • 6.3.17 Valneva SE
    • 6.3.18 Bavarian Nordic A/S
    • 6.3.19 Pfizer Inc.
    • 6.3.20 AstraZeneca plc
    • 6.3.21 Avanti Polar Lipids (Croda)

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global Vaccine Adjuvants Market Report Scope

As per the scope of the report, an adjuvant is a pharmacological or immunological agent that helps synergize and direct the adaptive immune response to a vaccine agent. Adjuvants are compounds that improve the body's immunogenic reaction against antigens. Therefore, adjuvants are majorly added to vaccines to augment their capability to ensure long-term protection and safety against any infection. 

The vaccine adjuvants market is segmented by product type (mineral salt-based adjuvants, tensoactive adjuvants, adjuvant emulsions, liposome adjuvants, carbohydrate adjuvants, bacteria-derived adjuvants, virus-like particles (vlp), and other product types), usage type (active immunostimulants, carriers, and vehicle adjuvants), disease type ( infectious disease and cancer), application (research applications and commercial applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.

By Product Type Mineral-salt Adjuvants
Saponin and Triterpenoid
Emulsion-based
Liposome and Virosome
Carbohydrate & Polysaccharide
Bacteria-derived TLR agonists
Virus-Like Particles
Other Product Types
By Usage Type Active Immunostimulants
Carriers
Vehicle Adjuvants
By Disease Type Infectious Diseases
Cancer
Others
By Application Research Applications
Commercial Applications
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Product Type
Mineral-salt Adjuvants
Saponin and Triterpenoid
Emulsion-based
Liposome and Virosome
Carbohydrate & Polysaccharide
Bacteria-derived TLR agonists
Virus-Like Particles
Other Product Types
By Usage Type
Active Immunostimulants
Carriers
Vehicle Adjuvants
By Disease Type
Infectious Diseases
Cancer
Others
By Application
Research Applications
Commercial Applications
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the current value of the vaccine adjuvants market?

The market is valued at USD 2.38 billion in 2025 and is forecast to reach USD 3.24 billion by 2030.

Which product category leads the vaccine adjuvants market?

Saponin and triterpenoid systems dominate with 26.78% share in 2024, reflecting widespread use in shingles and malaria vaccines.

What segment is growing fastest within the vaccine adjuvants market?

Virus-like particle adjuvants show the quickest rise, registering a 7.12% CAGR to 2030 due to scalable nanostructure platforms.

Which region is advancing most rapidly?

Asia-Pacific is projected to grow at a 7.45% CAGR as China, India, and Southeast Asia expand immunization programs and local manufacturing.

Why are adjuvants crucial for mRNA vaccines?

MRNA constructs require delivery particles that ensure endosomal escape and balanced innate activation; optimized adjuvants boost antigen expression while moderating inflammation.

How concentrated is the competitive landscape?

The top five companies control a bit more than 60% of revenue, producing a moderate concentration level that still leaves room for disruptive entrants.

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