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Reliable Data You Can Trust
A recent report published by
Infinium Global Research on foot and mouth disease vaccines market provides
in-depth analysis of segments and sub-segments in the global as well as
regional foot and mouth disease vaccines market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
foot and mouth disease vaccines market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global foot and mouth disease vaccines market. According to the
report, the global foot and mouth disease vaccines market is projected to grow
at a CAGR of 8.9% over the forecast period of 2019-2025.
Foot and mouth disease (FMD) is a
severe and immensely contagious disease generally seen among cattle, deer’s,
goats, sheep, swine another cloven-hoofed domestic as well as wild animal
species. Symptoms of FMD include blisters similar to sores on the mouth, lips,
tongues, teeth as well as between the hooves, depression, fever, foot lesions
followed by severe lameness and reluctance to move, loss of appetite, and,
reduction in milk production. Mixed breeds are more susceptible to FMD than
traditional breeds. Though fatality among adult animals is less, younger ones
have high mortality. Infected animals release the virus through feces and other
bodily secretions. As it is a viral disease, it can spread faster among animals
and economically affect countries
The increasing demand for live
stocks products across the world, especially in emerging and developing
countries is driving the global FMD vaccines market. Moreover, the matured
economies depend on various countries for meat products. To meet the demand,
the production of live stocks is increasing multifold. To meet the stringent
import regulations and to prevent FMD outbreaks, various countries and vendors
promote FMD vaccinations for live stocks. In countries with regular FMD
endemics, conventional FMD vaccines are gaining more demand as they are used as
long-term preventive medicine when compared to emergency medicines, which are
used to control sudden FMD outbreak. The increasing demand for conventional FMD
vaccines is expected to enhance the growth of the global FMD vaccines market
during the forecast period. The fluctuating serotype FMD outbreaks are expected
to restrain the growth of the market, as it requisites large investment and
effort to produce vaccines at short notice to counter such viruses. The
increased investments in Research and Development is yielding advanced vaccines
for FMD and it is expected to provide opportunities for the major players to
expand in regions with frequent FMD endemics
Asia-Pacific region dominates the
global FMD vaccines market, due to the frequent FMD endemics in the region. The
FMD outbreaks in the recent past are likely to drive the growth of demand for
FMD vaccines in the Asia Pacific over the coming years. Furthermore, North
America and Europe hold significant shares in Foot and mouth disease (FMD)
market. The preventive programs for FMD outbreaks in the U.S. to aid the
booming meat exports industry are anticipated to drive the North American FMD
vaccines market over the forecast period.
The report on global foot and
mouth disease vaccines market covers segments such as product and application.
On the basis of product, the sub-markets include conventional, and emergency.
On the basis of application, the sub-markets include cattle, goat, pigs, sheep,
and others.
The report provides profiles of
the companies in the market such as Intervet Inc., Vallée S.A., Godrej Agrovet
Limited, Indian Immunologicals Limited., Laboratorios Bagó S.A, Bayer AG,
Morphosys AG, Brilliant Bio Pharma Private Limited, Botswana Vaccine Institute,
Boehringer Ingelheim International GmbH., and Others.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of foot and mouth disease vaccines market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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