Foot and Mouth Disease (FMD) Vaccine Market Outlook, Top Companies, Growth Drivers and Latest Insights 2023-2028
The latest report published by IMARC Group, titled “Foot and Mouth Disease (FMD) Vaccine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global foot and mouth disease (FMD) vaccine market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The market size reached US$ 1,978.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,070.7 Million by 2028, exhibiting a growth rate (CAGR) of 7.2% during 2023-2028.
Foot and mouth disease (FMD) is an infectious animal disease affecting animal species, such as swine, sheep, cattle, and goats. It causes viral fever and blister-like sores on the lips, tongue, and teats; in the mouth; and between the hooves. The vaccine for FMD is nowadays widely used to protect the environment, society, and economy from the devastating impact of the disease. At present, the growing presence of veterinary centers is increasing the demand for FMD vaccines across the globe.
What Are the Growth Prospects and Trends in the FMD Vaccine Industry?
The rising prevalence of FMD, coupled with its socio-economic impact on international trade of animal products, is catalyzing the demand for FMD vaccines worldwide. Apart from this, the burgeoning meat industry and the rising consumption of dairy products are positively influencing the market growth. Furthermore, government bodies of several countries are introducing awareness campaigns for the protection of endangered wildlife species, such as antelopes and bison, against FMD. This, in confluence with the implementation of mandatory norms of cattle rearing, is driving the sales of FMD vaccines to prevent the spread of the disease. Other factors, including the increasing demand for high-grade and disease-free meat, are contributing to the market growth.
Request Free Sample Report: https://www.imarcgroup.com/foot-mouth-disease-vaccine-market/requestsample
Competitive Landscape With Key Players:
The competitive landscape of the FMD vaccine market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Paramount Agrovet Pvt. Ltd.
- Bayer AG
- Biogenesis Bago
- Boehringer Ingelheim International GmbH
- Brilliant Bio Pharma Private Limited
- China Animal Husbandry Group
- FGBI “Federal Center for Animal Health”
- Indian Immunologicals Ltd.
- Limor De Colombia
- Merck & Co., Inc.
- Vecol S.A
- Vetal Animal Health Products Inc.
Key Market Segmentation:
The report has segmented the global foot and mouth disease (FMD) vaccine market based on animal type, vaccine type, distribution channel and region.
Breakup by Animal Type:
- Cattle
- Pig
- Sheep and Goat
- Others
Breakup by Vaccine Type:
- Conventional Vaccines
- Oil-Based Vaccines
- Aluminum hydroxide/saponin-based Vaccines
- Emergency Vaccines
Breakup by Distribution Channel:
- Government Organizations
- Distributors/Pharmacies
- Private Vet
- Others
Breakup by Region:
- Asia Pacific
- Latin America
- Middle East and Africa
- Europe
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
Arabic
Français
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian