Foot & Mouth Disease Vaccine Market Analysis – 2027.

FOOT & MOUTH DISEASE VACCINE MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027

REPORT DESCRIPTION Foot and Mouth Disease Vaccine - Overview High Prevalence of Foot and Mouth Disease and Economic Loss from It to Propel Growth of the Foot and Mouth Disease Vaccine Market Beyond US$ 2.5 Billion by 2026 - Coherent Market Insights The Global Foot and Mouth Disease Vaccine Market, by Vaccine Type (Conventional Vaccine (Aluminum Hydroxide-based Vaccine and Oil-based Vaccines) and Emergency Vaccines), by Animal Type (Cattle, Swine, Goat and Sheep, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 1.5 billion in 2017, and is estimated to exhibit a CAGR of 9.4% over the forecast period (2018-2026). Foot and mouth disease (FMD) is transboundary disease, which affects cattle, swine at a higher rate, whereas it affects sheep, goats, and other animals relatively at a lower rate, and this leads to increasing demand for vaccination, as this disease affects food industry economically. Infected animals cannot be slaughtered for meat, skin, and dairy products, owing to stringent regulations for food and dairy products. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/footand-mouth-disease-vaccine-market-1945

REPORT DESCRIPTION National Dairy Development Board data) to national GDP. FMD outbreak prevention and related strategies are major factors driving growth of the FMD vaccine market. Additionally, increasing number of government initiatives to curb the FMD is one of the major factors, which is expected to fuel growth of the FMD vaccine market over the forecast period. For instance, United Nations (UN) announced food security as sustainable development goal number 2 in 2015 which to be achieved by 2030, majority of which could be achieved only with healthy livestock population. Similarly, India Government launched a program in 2015, to end the FMD presence in country by 2020, that involves extensive vigilance and vaccination in most vulnerable 53 districts in India and free diagnostic kit availability. Furthermore, South-East Asia and China FMD campaign (SEACFMD) established in 1997, are helping member economies to eradicate FMD. SEACFMDC consist of 11 members and 30% of world population with animal production that is FMD-susceptible. In addition, major market players are focusing on expanding their FMD vaccine production, in order to cater to increasing demand for FMD vaccine. For instance, in 2014, India Immunological Ltd started a new vaccine production facility in India, especially for FMD vaccine production, which is expected to produce 360 million doses annually. Request Sample Copy of This Reports: https://www.coherentmarketinsights.com/insight/request-sample/1945

REPORT DESCRIPTION • The global foot and mouth disease vaccine market is expected to exhibit a CAGR of 9.4% over the forecast period, attributed to increasing number of FMD outbreak and economic losses that FMD imparts. Furthermore, increasing demand for pork, dairy products, and meat by global population, requires supply of healthy animals, which could be achieved through vaccination. • Among vaccine type, conventional vaccine segment is expected to account for major market share in the market over the forecast period. Moreover, majority of manufacturer manufacture oil-based vaccine (oil as adjuvants). Aluminum hydroxide-based vaccines are expected to gain significant traction over the forecast period. • Amongst animal type, cattle segment is expected to hold a dominant position in the FMD vaccine market over the forecast period, owing to rising demand for dairy products, beef, and meat demands, across the globe. Furthermore, swine would be second most dominating animal in FMD vaccine market considering large consumption and global headcount of swine in countries such as China. • Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/1945 . © Coherent market Insights. All Rights Reserved

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