The global demand for Foot and Mouth Disease Vaccines Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
The Foot and Mouth Disease Virus causes a highly contagious disease in pigs, cattle, sheep, goats, buffalos, and other cloven-hoofed animals. The disease disrupts a wide range of agricultural, industrial, and social activities, which results in severe productivity losses. Seven strains (A, O, C, SAT1, SAT2, SAT3, and Asia1) are endemic in various countries worldwide. For offering immunity to a vaccinated animal, each strain requires a unique vaccine. Traditional FMD vaccinations (monovalent and multivalent) are made up of chemically inactivated, virulent wild-type viruses combined with adjuvants. These vaccines provide protection against FMD symptoms induced by FMDVs that are closely linked to the vaccine strain.
The FMD vaccine market is being driven by the high prevalence of FMD and its socio-economic impact on the international commerce of animal goods. The disease is caused by many variables, including rising zoonotic disease rates, expanding demand for animal products, and rising R&D efforts in animal healthcare, all of which increase the need for vaccinations. The demand for FMD vaccines is also fueled by the booming meat processing industry and rising dairy product consumption. Furthermore, increased demand for high-quality, disease-free meat from animals is boosting the market growth. The market for FMD vaccinations is also being driven by rising globalization and the growing cattle population in both established and developing economies. Additionally, the growing number of veterinary clinics that provide livestock with safe healthcare procedures is supplementing market expansion.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of foot and mouth disease vaccines. The growth and trends of foot and mouth disease vaccines industry provide a holistic approach to this study.
This section of the foot and mouth disease vaccines market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Animal Type
- Conventional Vaccines
- Emergency Vaccines
- Sheep And Goat
This section covers the regional outlook, which accentuates current and future demand for the Foot and Mouth Disease Vaccines market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Foot and Mouth Disease Vaccines Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the foot and mouth disease vaccines market include Biogénesis Bagó, Boehringer Ingelheim GmbH, Brilliant Bio Pharma Pvt Ltd, China Animal Husbandry Group, Indian Immunologicals Limited, Limor de Colombia, Merck & Co. Inc., VECOL S.A and VETAL Animal Health Products. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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