However, factors such as side effects & high toxicity of vaccine adjuvants and high R&D cost of developing new adjuvants are expected to hamper market growth.
Global Vaccine Adjuvant Market Drivers:
Increase in prevalence of infectious diseases across the globe is expected to augment growth of the global Vaccine Adjuvant Market during the forecast period.
Increasing use of adjuvants in vaccines around the world is expected to propel the growth of the global Vaccine Adjuvant Market over the forecast period.
Global Vaccine Adjuvant Market Restraints:
Side effects and high toxicity of vaccine adjuvants expected to hinder growth of the global Vaccine Adjuvant Market.
High R&D cost of developing new adjuvants is expected to hamper growth of the global Vaccine Adjuvant Market.
Global Vaccine Adjuvant Market Opportunities:
The outbreak of COVID-19 (pandemic) across the world is expected to provide significant growth opportunities for players in the Vaccine Adjuvant Market.
Government initiatives/policies for immunization or immunization programs are expected to offer significant growth opportunities for players in the global Vaccine Adjuvant Market.
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