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    South Korea Recombinant Vaccines Market

    ID: MRFR/Pharma/54240-HCR
    200 Pages
    Garvit Vyas
    October 2025

    South Korea Recombinant Vaccines Market Research Report: By Product (Subunit Recombinant, Attenuated Recombinant Vaccines), By Disease (Cancer, Pneumococcal Disease, Hepatitis B, DPT) andBy End-Users (Pediatrics, Adults, Veterinary)- Forecast to 2035

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    South Korea Recombinant Vaccines Market Infographic
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    South Korea Recombinant Vaccines Market Summary

    As per MRFR analysis, the South Korea recombinant vaccines market Size was estimated at 9.0 USD Million in 2024. The South Korea recombinant vaccines market is projected to grow from 10.49 USD Million in 2025 to 48.62 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 16.57% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The South Korea recombinant vaccines market is poised for substantial growth driven by innovation and regulatory support.

    • The market is witnessing increased investment in R&D, indicating a robust commitment to advancing vaccine technologies.
    • Strengthening regulatory frameworks are enhancing the approval processes for new recombinant vaccines, fostering market confidence.
    • Public awareness regarding the importance of vaccination is growing, contributing to higher demand for innovative vaccine solutions.
    • Technological advancements in vaccine development and government support initiatives are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 9.0 (USD Million)
    2035 Market Size 48.62 (USD Million)

    Major Players

    Pfizer (US), Moderna (US), Novavax (US), Sanofi (FR), GSK (GB), Merck (US), Bavarian Nordic (DK), AstraZeneca (GB), Takeda (JP)

    South Korea Recombinant Vaccines Market Trends

    The recombinant vaccines market in South Korea is currently experiencing notable growth, driven by advancements in biotechnology and increasing public awareness regarding vaccination. The government has been actively promoting research and development initiatives, which appear to enhance the capabilities of local manufacturers. This focus on innovation is likely to lead to the introduction of novel vaccines that could address various infectious diseases prevalent in the region. Furthermore, collaborations between academic institutions and industry players seem to foster a conducive environment for the development of cutting-edge vaccine technologies. In addition, the regulatory framework in South Korea appears to support the rapid approval and commercialization of recombinant vaccines. The Ministry of Food and Drug Safety has streamlined processes, which may facilitate quicker access to new vaccines for the population. As public health campaigns continue to emphasize the importance of vaccination, the demand for recombinant vaccines is expected to rise. This trend suggests a promising outlook for the market, as stakeholders work together to enhance vaccine accessibility and efficacy, ultimately contributing to improved health outcomes across the nation.

    Increased Investment in R&D

    There is a growing trend of investment in research and development within the recombinant vaccines market. This investment is primarily driven by both public and private sectors aiming to innovate and enhance vaccine efficacy. The South Korean government has been particularly proactive in funding initiatives that support the development of new vaccine technologies, which may lead to breakthroughs in combating infectious diseases.

    Strengthening Regulatory Framework

    The regulatory environment surrounding the recombinant vaccines market is evolving to become more supportive of innovation. Recent reforms by the Ministry of Food and Drug Safety are designed to expedite the approval process for new vaccines. This shift is likely to encourage manufacturers to bring their products to market more swiftly, thereby enhancing public health responses.

    Growing Public Awareness

    Public awareness regarding the importance of vaccination is on the rise in South Korea. Educational campaigns and health initiatives are contributing to a more informed population that is increasingly receptive to vaccination. This heightened awareness is expected to drive demand for recombinant vaccines, as individuals seek effective solutions to prevent diseases.

    South Korea Recombinant Vaccines Market Drivers

    Rising Incidence of Infectious Diseases

    The rising incidence of infectious diseases in South Korea is a significant driver for the recombinant vaccines market. Recent data indicates that the prevalence of vaccine-preventable diseases has increased, prompting public health authorities to seek effective vaccination solutions. The recombinant vaccines market is particularly well-positioned to address these challenges, as these vaccines can be tailored to target specific pathogens. For example, the emergence of new strains of influenza has led to increased demand for vaccines that can provide broader protection. This trend suggests that the recombinant vaccines market will continue to grow as healthcare providers and policymakers prioritize vaccination as a key strategy in disease prevention.

    Growing Demand for Personalized Medicine

    The growing demand for personalized medicine is influencing the recombinant vaccines market in South Korea. As healthcare shifts towards more individualized treatment approaches, there is an increasing interest in vaccines that can be tailored to specific patient profiles. This trend is particularly relevant in the context of genetic predispositions to certain diseases. The recombinant vaccines market is well-suited to meet this demand, as these vaccines can be designed to target specific antigens based on individual genetic information. This potential for customization may drive further investment and research in the sector, ultimately leading to a more robust market presence.

    Government Support and Funding Initiatives

    Government support plays a crucial role in the growth of the recombinant vaccines market in South Korea. The government has implemented various funding initiatives aimed at bolstering vaccine research and development. In recent years, funding has increased significantly, with allocations reaching over $150 million annually for vaccine-related projects. This financial backing not only encourages private sector investment but also fosters collaboration between academic institutions and biotech companies. Such partnerships are essential for accelerating the development of innovative vaccines. Consequently, the recombinant vaccines market is poised for growth, as government support enhances the overall research ecosystem.

    Technological Advancements in Vaccine Development

    The recombinant vaccines market in South Korea is experiencing a surge due to rapid technological advancements in vaccine development. Innovations in genetic engineering and biotechnology are enabling the creation of more effective and safer vaccines. For instance, the use of recombinant DNA technology allows for the production of vaccines that can elicit stronger immune responses. This is particularly relevant in the context of emerging infectious diseases, where traditional vaccine methods may fall short. The South Korean government has recognized the potential of these technologies, allocating approximately $200 million to support research initiatives in this area. As a result, the recombinant vaccines market is likely to expand, driven by the increasing availability of advanced vaccine candidates.

    Increased Collaboration Between Public and Private Sectors

    Collaboration between public and private sectors is becoming increasingly vital for the recombinant vaccines market in South Korea. This synergy facilitates the sharing of resources, expertise, and technology, which can significantly enhance vaccine development processes. Public institutions often provide foundational research, while private companies contribute advanced manufacturing capabilities. Recent partnerships have led to the successful development of several recombinant vaccines, demonstrating the effectiveness of this collaborative approach. As these partnerships continue to evolve, the recombinant vaccines market is likely to benefit from accelerated innovation and improved access to vaccines for the population.

    Market Segment Insights

    Recombinant Vaccines Market Product Insights

    The South Korea Recombinant Vaccines Market, particularly within the Product segment, has demonstrated significant growth potential driven by advancements in biotechnology and increased awareness of preventive healthcare measures. Recombinant vaccines are distinguished by their effectiveness, safety profiles, and specificity, which contribute to their growing acceptance in various immunization programs. 

    Among the key types within this segment, Subunit Recombinant vaccines stand out due to their capability to induce strong immune responses without the risk of causing disease, making them particularly suited for complex pathogens.This sub-type typically utilizes purified proteins from the pathogen, enhancing safety and efficacy, thus appealing to a broad spectrum of healthcare providers and patients alike. 

    On the other hand, Attenuated Recombinant Vaccines play an essential role in stimulating both humoral and cellular immunity, offering a more holistic approach to vaccination. Their unique formulation allows for a robust immune response, which can provide long-lasting protection. With South Korea's robust healthcare infrastructure and commitment to innovation in medical research, there remains a favorable environment for the continued development and adoption of these vaccine types.

    Recombinant Vaccines Market Disease Insights

    The South Korea Recombinant Vaccines Market, particularly in the Disease segment, exhibits a robust growth trajectory, largely driven by increasing incidences of various ailments and an emphasis on preventive healthcare. Cancer vaccines have gained significant attention due to rising cancer rates in the region, highlighting the crucial need for innovative immunization solutions that can provide protection against this growing threat. Similarly, vaccines targeting Pneumococcal Disease are vital to reducing morbidity and mortality associated with respiratory infections, especially among vulnerable populations.

    Hepatitis B vaccines also hold significant importance, contributing to national efforts aimed at eradicating this virus, which poses a significant public health challenge. Additionally, the combined Diphtheria, Pertussis, and Tetanus (DPT) vaccines contribute to comprehensive immunization programs, ensuring widespread protection and safeguarding public health.

    With the South Korean government's commitment to advancing vaccine development and distribution, these categories within the South Korea Recombinant Vaccines Market are poised for significant advancements, addressing the nation's healthcare priorities.The continuous evolution of biotechnology is expected to further enhance the efficacy and delivery of these vaccines, fostering a healthier population while contributing to the overall market growth.

    Recombinant Vaccines Market End-User Insights

    The End-Users segment of the South Korea Recombinant Vaccines Market reflects diverse applications across various demographics. This segment is primarily divided into three main categories: Pediatrics, Adults, and Veterinary. The Pediatrics category is significant as it addresses the healthcare needs of infants and young children, ensuring they receive protection against preventable diseases at a crucial stage of development. 

    The Adult population also plays a vital role, with an increasing emphasis on preventive healthcare driven by rising awareness regarding vaccination and public health initiatives in South Korea.Furthermore, the Veterinary sector underscores the importance of vaccines in animal health, contributing to food safety and preventing zoonotic diseases, which is particularly relevant given South Korea’s advancing agricultural practices. 

    The growing interest in personalized medicine and biotechnology is driving the innovation of recombinant vaccines across these demographics, promising more effective treatments and new market opportunities. Collectively, these segments represent a comprehensive approach to public health in South Korea, poised for growth as investment in Research and Development continues and awareness ramps up among the population.The South Korea Recombinant Vaccines Market statistics suggest a strong future as healthcare systems evolve to meet the needs of both humans and animals through innovative vaccine solutions.

    Get more detailed insights about South Korea Recombinant Vaccines Market

    Key Players and Competitive Insights

    The recombinant vaccines market in South Korea is characterized by a dynamic competitive landscape, driven by innovation, strategic partnerships, and a focus on regional expansion. Major players such as Pfizer (US), Moderna (US), and Novavax (US) are at the forefront, leveraging their advanced research capabilities and established market presence. Pfizer (US) has positioned itself as a leader through continuous investment in R&D, while Moderna (US) emphasizes its mRNA technology platform to develop next-generation vaccines. Novavax (US), on the other hand, is focusing on its protein-based vaccine candidates, which may appeal to specific market segments. Collectively, these strategies contribute to a competitive environment that is increasingly focused on technological advancement and collaboration.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance efficiency and responsiveness. The competitive structure appears moderately fragmented, with several key players vying for market share. This fragmentation allows for a diverse range of products and innovations, although the influence of major companies remains substantial, shaping market trends and consumer preferences.

    In October 2025, Moderna (US) announced a strategic partnership with a South Korean biotech firm to enhance its local manufacturing capabilities. This move is likely to bolster Moderna's supply chain resilience and enable quicker responses to regional demands. By localizing production, the company may also reduce costs and improve its competitive positioning in the South Korean market.

    In September 2025, Novavax (US) received regulatory approval for its latest recombinant vaccine targeting a specific viral strain prevalent in the region. This approval not only signifies a critical milestone for Novavax (US) but also enhances its credibility and market presence in South Korea. The ability to address localized health concerns could potentially lead to increased market penetration and consumer trust.

    In August 2025, Pfizer (US) expanded its collaboration with local health authorities to conduct extensive vaccination campaigns, focusing on public health education and accessibility. This initiative underscores Pfizer's commitment to community engagement and may enhance its brand loyalty among South Korean consumers. Such strategic actions are indicative of a broader trend where companies are not only competing on product efficacy but also on their social responsibility and community impact.

    As of November 2025, current trends in the recombinant vaccines market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in navigating complex regulatory environments and enhancing innovation. Looking ahead, competitive differentiation is likely to evolve, shifting from traditional price-based competition to a focus on technological innovation, supply chain reliability, and the ability to respond swiftly to emerging health challenges.

    Key Companies in the South Korea Recombinant Vaccines Market market include

    Industry Developments

    The South Korea Recombinant Vaccines Market is witnessing significant developments, particularly with the ongoing efforts of companies like Pfizer and Moderna in vaccine innovations. In November 2023, SK Bioscience reported a strategic partnership with Novavax to enhance their vaccine production capabilities in response to varying health threats. Meanwhile, GC Pharma has focused on expanding its recombinant vaccine pipeline, which aligns with the government's initiative to boost domestic vaccine production, evidenced by the establishment of the Korea Vaccine National Center.

    Recent growth in the market valuation of companies like Samsung Biologics highlights a strong commitment to Research and Development in the recombinant vaccine sector. 

    Over the past few years, notable events include Merck and Co.'s investment in local biotech firms to accelerate vaccine development as of May 2022, which has contributed to enhancing the nation's vaccination capacity. Furthermore, Hanmi Pharm has emerged as a key player, impacting the market with innovative solutions. Continuous advancements in recombinant technology by these companies are expected to further bolster South Korea's position in the global vaccine market, ensuring a robust response to public health challenges.

    Future Outlook

    South Korea Recombinant Vaccines Market Future Outlook

    The recombinant vaccines market is projected to grow at a 16.57% CAGR from 2024 to 2035, driven by technological advancements and increasing healthcare investments.

    New opportunities lie in:

    • Development of personalized vaccine platforms for niche markets.
    • Expansion of partnerships with biotech firms for innovative product pipelines.
    • Investment in cold chain logistics to enhance distribution efficiency.

    By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in vaccine innovation.

    Market Segmentation

    South Korea Recombinant Vaccines Market Type Outlook

    • Subunit recombinant vaccines
    • Attenuated recombinant vaccines
    • Vector recombinant vaccines

    South Korea Recombinant Vaccines Market Disease Outlook

    • Pneumococcal Disease
    • Cancer
    • Hepatitis B
    • Influenza
    • DPT
    • Others

    South Korea Recombinant Vaccines Market End-User Outlook

    • Hospitals & Clinics
    • Pediatrics
    • Adults
    • Veterinary
    • Poultry
    • Livestock
    • Others

    Report Scope

    MARKET SIZE 2024 9.0(USD Million)
    MARKET SIZE 2025 10.49(USD Million)
    MARKET SIZE 2035 48.62(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 16.57% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Pfizer (US), Moderna (US), Novavax (US), Sanofi (FR), GSK (GB), Merck (US), Bavarian Nordic (DK), AstraZeneca (GB), Takeda (JP)
    Segments Covered Type, Disease, End-User
    Key Market Opportunities Advancements in genetic engineering enhance efficacy and safety in the recombinant vaccines market.
    Key Market Dynamics Rising demand for innovative recombinant vaccines driven by regulatory support and technological advancements in South Korea.
    Countries Covered South Korea

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    FAQs

    What is the expected market size of the South Korea Recombinant Vaccines Market in 2024?

    The South Korea Recombinant Vaccines Market is expected to be valued at 7.2 million USD in 2024.

    What will be the projected market value of the South Korea Recombinant Vaccines Market by 2035?

    By 2035, the market is expected to reach a valuation of 96.0 million USD.

    What is the anticipated CAGR for the South Korea Recombinant Vaccines Market from 2025 to 2035?

    The expected CAGR for the South Korea Recombinant Vaccines Market from 2025 to 2035 is 26.551%.

    Which company holds a significant share in the South Korea Recombinant Vaccines Market?

    Major players in the South Korea Recombinant Vaccines Market include Pfizer, GC Pharma, and SK Bioscience among others.

    How is the South Korea Recombinant Vaccines Market segmented by product?

    The market is divided into Subunit Recombinant and Attenuated Recombinant Vaccines.

    What is the market value of Subunit Recombinant Vaccines in 2024?

    Subunit Recombinant Vaccines in South Korea are projected to be valued at 4.2 million USD in 2024.

    What will be the projected market size for Attenuated Recombinant Vaccines by 2035?

    By 2035, the market for Attenuated Recombinant Vaccines is expected to reach 40.0 million USD.

    What growth opportunities are present in the South Korea Recombinant Vaccines Market?

    The market presents significant growth opportunities driven by advancements in biotechnology and increasing vaccination rates.

    What key challenge is currently faced by the South Korea Recombinant Vaccines Market?

    The key challenge in the market is the rapid development of new vaccines which demands constant innovation and investment.

    How does the South Korea Recombinant Vaccines Market compare regionally?

    The South Korea Recombinant Vaccines Market is rapidly growing and is expected to dominate in the Asia Pacific region due to increasing healthcare investments.

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