Foot and Mouth Disease Vaccine Market
FMD is Tran’s border illness that impacts livestock, pigs in large count and to sheep, goats and other animals in comparatively less number. Immunization is essential, as it impacts food sector frugally. Inflammated animals can’t be thrashed for meat, skin, and dairy items, due to strict rules for food and dairy items.
Foot and Mouth Disease also impacts milking amount from affected livestock up to 80%, which lessens domestic milk production and deters revenue chances for farmers particularly in economies such as India where cattle section donated nearly 4.5% in 2015-16 from dairy and other items to national Gross Domestic Product. Foot and Mouth Disease outbreak obstruction and associated plans are main reasons fueling development of the Foot and Mouth Disease vaccine market.
Global foot and mouth disease vaccine market is estimated to be valued at US$ 2,396.3 million in 2022 and is expected to exhibit a CAGR of 9.4% during the forecast period (2022-2030).
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Rising count of cattle in various areas is rising susceptibility for Foot and Mouth Disease outbreak. For example, Chinese provenience of Guizhou have seen Foot and Mouth Disease cases in January 2018, which mainly impacted pig manufacturers in country. China has vast count of pig headcount and it is main customer for pork. India has whole bovine headcount of 200.3 million as per NDDB update in June 2017, therefore it is also huge liable to Foot and Mouth Disease. As per statistics by FAO, in 2012, India accounts economic damages of US$ 85 billion yearly owing to Foot and Mouth Disease outbreak, which is fueling need for immunization regarding food security associated aspect of cattle globally.
Official approval to limit the Foot and Mouth Disease would be other vital push for development of the Foot and Mouth Disease vaccine market. UN declared food safety as ecological growth goal number 2 in 2015 that is to be attained by 2030, mainstream of which could be gained only with hearty cattle populace. Indian Government initiated program in 2015, to complete the Foot and Mouth Disease involvement in country by 2020, which comprises widespread watchfulness and immunization in most susceptible 53 districts in India and free analytic kit accessibility. SEACFMD started in 1997, are assisting member economies to eliminate Foot and Mouth Disease. SEACFMDC comprises of 11 people and 30% of global populace with animal production that is Foot and Mouth Disease-susceptible
Market players in foot and mouth disease vaccine market are aiming on enlarging Foot and Mouth Disease immunizer manufacture orderly to fulfil the rising demand for FMD vaccine. For example, India Immunological Ltd launched novel immunizer development services in India in 2014, particularly for Foot and Mouth Diseases immune production, which is anticipated to yield 360 million doses yearly.
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Foot and Mouth Disease Vaccine Market: Key Takeaways
- The global foot and mouth disease vaccine market size is anticipated to show a CAGR of 9.3% during the predicted duration, because rising count of Foot and Mouth Disease outbreak and economic damages that Foot and Mouth Diseases imparts. Moreover, rising need for pork, dairy items, and meat globally needs production of healthy animals, which can be gained from immunization.
- Amidst the immunizer type, predictable immunizer section retains leading market segment huge number of producer manufactures oil-based immunizer. Aluminum hydroxide-based immunizer are attaining notable adhesion. Amidst animal type, cattle section is anticipated to keep the Foot and Mouth Disease immunizer market owing to dairy items, beef, and meat needs worldwide. Moreover, pigs would be another most leading animal in Foot and Mouth Disease vaccine market taking huge intake and global headcount of pigs in countries such as China.
- Asia Pacific is anticipated to keep leading place in the global foot and mouth disease vaccine market, after Latin America. Foot and Mouth Disease outbreak has been published from the Asia Pacific very currently in February 2018, particularly in huge economies such as India and China, which has vast populace of cattle and pigs. For example, China has vast populace of pigs in the globe with headcount of 433.25 million as per FAO- UN in 2017.
- Major players set up foot and mouth disease vaccine market are Brilliant Bio Pharma Ltd., S.A.VETAL Animal Health Products, Indian Immunologicals Ltd., Biogénesis-Bagó S.A, Agrovet, MSD Animal Health, Vecol S.A , Vetal Animal Health Products, Vallee SA, Biovet, Bayer HealthCare, Intervet, Merial, Ltd., and China Animal Husbandry Co.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Vaccine Type
- Market Snapshot, By Animal Type
- Market Snapshot, By Region
- Report Description
- Executive Summary
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- New Product Launches
- Mergers and Acquisitions
- Regulatory Scenario
- Testimonials from Industry Expert
- PEST Analysis
- Porters Five Forces model
- Government Initiative
- Epidemiology
- Market Dynamics
- Global Foot and Mouth Disease Vaccine Market – Impact of Coronavirus (Covid-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the market
- Global Foot and Mouth Disease Vaccine Market , By Vaccine Type, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Conventional Vaccine
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Aluminum Hydroxide based vaccine
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Oil based vaccines
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Emergency Vaccines
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Foot and Mouth Disease Vaccine Market , By Animal Type , 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Cattle
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Sheep and Goat
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Swine
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
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