Plant-Based Vaccines Market Size, Share & Trends Analysis Distribution by Vaccine Type (Viral Vaccines, Bacterial Vaccines, Parasite & Other Vaccines), Application (Influenza, COVID-19, Veterinary Diseases, Other Infectious Diseases, Therapeutic Vaccines), Source (Tobacco (Nicotiana benthamiana), Cereal Crops (Maize, Rice), Other Plants (Potatoes, Lettuce, Spirulina), Plant Cell Cultures (Carrot, Tobacco)), End-User (Veterinary Sector, Human Healthcare, Research Institutions) and Segment Forecasts, 2025-2034

Report Id: 1453 Pages: 175 Last Updated: 16 May 2025 Format: PDF / PPT / Excel / Power BI
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Global Plant-Based Vaccines Market Size is valued at USD 409.5 Mn in 2024 and is predicted to reach USD 2,161.2 Mn by the year 2034 at an 18.2% CAGR during the forecast period for 2025-2034.

Key Industry Insights & Findings from the Report:

  • Growing interest from both the public and private sectors has led to increased investment in plant-based vaccine research and development. This financial support is critical to advancing our technology and bringing our products to market.
  • The COVID-19 pandemic has accelerated research into alternative methods of vaccine production, including plant-based platforms. The urgency of developing a vaccine demonstrated the potential of these technologies.
  • North America dominated the market and accounted for a revenue share of global revenue in 2024.
  • Regulatory approval for plant-based vaccines can be challenging, as regulators may need to establish specific guidelines for this innovative approach. There are limitations, as it takes time to comply with regulatory requirements and to ensure safety and efficacy.

plant based vaccine

A vital ingredient in the creation of accessible vaccination derivatives is planted life. Plant-based vaccine production reduces the financial burden of infectious diseases in developing countries because of its large production volume and low cost. Numerous clinical trials focus on developing plant-based oral vaccines for therapeutic indications such as influenza, dengue fever, the flu, and the Ebola virus. By avoiding the use of syringes and needles, these immunizations can be given orally, freeing up medical staff for other tasks and reducing the risk of hospitals acquired infections. Due to rising public awareness of these vaccines' benefits and the global spread of infectious diseases, the market for plant-based vaccines is predicted to experience considerable growth during the projection.

Plant-based vaccines are also less expensive and do not require cold-chain shipping. They are easy to store, and adding more space for production is straightforward. The market for vaccines made from plants is expected to grow. To develop plant-based vaccines for various medical applications, the existing and future market participants for plant-based vaccines are concentrating on rigorous clinical practice assessments.

Furthermore, shortly, it was anticipated that the inadequacies, potential for contamination, and environmental issues would restrain the expansion of the global market for plant-based biologics. Pollen can harm non-transgenic harvests, a part of the conventional agricultural exhibition. Pollen contamination incidents in field crop-based Plant Molecular Farming (PMF) outlets, such as those based on maize or rice, expand biosafety situations. Creating recombinant pharmaceutical combinations is now strictly prohibited by U.S. FDA regulations.

Market Segmentation:

The plant-based vaccines market is segmented by vaccine type, application, source, end-user. By vaccine type market is segmented into viral vaccines, bacterial vaccines, parasite & other vaccines. By application, the market is segmented into influenza, COVID-19, veterinary diseases, other infectious diseases, therapeutic vaccines. By source market is segmented into tobacco (nicotiana benthamiana), cereal crops (maize, rice), other plants (potatoes, lettuce, spirulina), plant cell cultures (carrot, tobacco). By end-user, the market is segmented into veterinary sector, human healthcare, and research institutions.

Viral Vaccines Segment is Expected to Drive the Plant-Based Vaccines Market

The viral vaccines segment is the key growth driver in the plant-based vaccines market due to its distinctive technological, safety, and economic benefits. Plant-based systems are particularly adept at manufacturing virus-like particles (VLPs) and viral antigens—non-infectious particles that closely resemble actual viruses and trigger robust immune responses without inducing disease. These platforms facilitate quick genetic modification of plants to express novel viral antigens and are well-suited for addressing new viral threats such as SARS-CoV-2. Plant-derived viral vaccines also present increased safety through the exclusion of human or animal pathogen contamination, greater stability, and efficacy—parameters that are crucial during pandemic preparedness and mass immunization. Their cost-effectiveness and scalability make them even more attractive, particularly for large-scale manufacturing during outbreaks.

Influenza Segment is Growing at the Highest Rate in the Plant-Based Vaccines Market.

The influenza segment of the plant-based vaccines market is witnessing robust growth driven by the rising global prevalence of seasonal influenza, which causes millions of illnesses and significant mortality each year. This chronic public health challenge propels the need for more efficient and accessible vaccines. Plant-based systems provide quick, manufacturable, and economical vaccine production, allowing for timely actions against changing influenza threats. Companies such as Medicago have spearheaded quadrivalent influenza vaccines (QIV) development through plant-based approaches, proving to induce high immune responses against multiple strains. The potential to rapidly develop vaccines to counter seasonal outbreaks and pandemics makes plant-based influenza vaccines an integral part of pandemic preparedness strategies globally.

The North American Plant-Based Vaccines Market Holds A Significant Regional Revenue Share.

The North American plant-based vaccines market is expected to register the highest market share in revenue shortly due to the development of new byproducts. The rising prevalence of influenza conditions in the local market and the expansion of several private and public research organizations dedicated to R&D activities for the development of plant-based vaccines, a massive industrial base, a strong consumer base with high purchasing power, particularly in developed nations like the U.S. and Canada, are other factors contributing to the expansion. Additionally, the Asia Pacific is anticipated to expand significantly over the forecast period due to the rise in infectious disease cases brought on by the climate of the region and the growing popularity of plant-based vaccines over conventional vaccines among the general public.

Recent Developments:

  • In Feb 2022, The Canadian government authorized the use of a Covid-19 vaccine derived from plants, providing a novel immunization against the virus. A joint venture between Philip Morris International and a division of Mitsubishi Chemical Holdings Corp. produced the vaccine. Covifenz, a vaccine, was developed through a collaborative effort between GlaxoSmithKline Plc and Medicago Inc., a biopharmaceutical corporation headquartered in Quebec City that is owned by Mitsubishi Chemical and Philip Morris. It was accessible to adults between the ages of 18 and 64, Medicago and Glaxo announced in a joint statement on Thursday.
  • In Sept 2021, iBio, a biopharmaceutical business specializing in plant-based technology, obtained a license for an innovative antibody that specifically targets regulatory T cells. The business entered into a global exclusive licensing deal for the advancement and commercialization of RubrYc's monoclonal antibody, RTX-003, which is a potential immunotherapy treatment specifically designed to target regulatory T cells (Tregs).

Competitive Landscape

Some major key players in the Plant-Based Vaccines Market:

  • Dow AgroSciences
  • Aramis Biotechnologies
  • Protalix Biotherapeutics
  • iBio Inc. (USA)
  • Kentucky BioProcessing (USA)
  • Baiya Phytopharm (Thailand)
  • Icon Genetics (Germany)
  • LenioBio (Germany)
  • Lumen Bioscience (USA)
  • Leaf Expression Systems (UK)
  • ZYUS Life Sciences (Canada)
  • PlantForm Corporation (Canada)
  • Fraunhofer CMB (USA)
  • Mazen Animal Health (USA)
  • Other Market Players

Plant-Based Vaccines Market Report Scope:

Report Attribute Specifications
Market Size Value In 2024 USD 409.5 Mn 
Revenue Forecast In 2034 USD 2161.2 Mn 
Growth Rate CAGR CAGR of 18.2% from 2025 to 2034
Quantitative Units Representation of revenue in US$ Mn,and CAGR from 2025 to 2034
Historic Year 2021 to 2024
Forecast Year 2025-2034
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered Vaccine type, application, source, end-user
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; South East Asia
Competitive Landscape Creative Biolabs, Medicago Inc., iBio, ICON, EEA Consulting Engineers, Kentucky BioProcessing, Inc., Baiya Phytopharm and Protalix Biotherapeutics.
Customization Scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing And Available Payment Methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation Of Plant-Based Vaccines Market

Plant-Based Vaccines Market by Vaccine Type -

  • Viral Vaccines
  • Bacterial Vaccines
  • Parasite & Other Vaccines

plant based vaccine

Plant-Based Vaccines Market by Application -

  • Influenza
  • COVID-19
  • Veterinary Diseases
  • Other Infectious Diseases
  • Therapeutic Vaccines

Plant-Based Vaccines Market by Source -

  • Tobacco (Nicotiana benthamiana)
  • Cereal Crops (Maize, Rice)
  • Other Plants (Potatoes, Lettuce, Spirulina)
  • Plant Cell Cultures (Carrot, Tobacco)

Plant-Based Vaccines Market by End-User -

  • Veterinary Sector
  • Human Healthcare
  • Research Institutions

By Region-

North America-

  • The US
  • Canada

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Plant-Based Vaccines Market Size is valued at USD 409.5 Mn in 2024 and is predicted to reach USD 2161.2 Mn by the year 2034

Plant-Based Vaccines Market is expected to grow at an 18.2% CAGR during the forecast period for 2025-2034.

Creative Biolabs, Medicago Inc., iBio, ICON, EEA Consulting Engineers, Kentucky BioProcessing, Inc., Baiya Phytopharm and Protalix Biotherapeutics.

Vaccine type, application, source, end-user are the key segments of the Plant-Based Vaccines Market.

North America region is leading the Plant-Based Vaccines Market.
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