Foot and Mouth Disease Vaccines Market (Product - Conventional, and Emergency; Application - Cattle, Goat, Pigs, Sheep, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025. 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.

Pune, India -- (SBWire) -- 05/03/2019 --Our latest research report entitled Foot and Mouth Disease Vaccines Market (by product (conventional, and emergency), application (cattle, goat, pigs, sheep, and others)) provides complete and deep insights into the market dynamics and growth of foot and mouth disease vaccines. Latest information on market risks, industry chain structure foot and mouth disease vaccines cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential foot and mouth disease vaccines growth factors. 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.

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Foot and Mouth Disease Vaccine Market: Industrial Insight

Foot and mouth disease (FMD) are a cross-border, severe and highly contagious animal disease caused due to Aphthovirus of the family picornaviridae compromising of seven strains viz A, O, C, SAT1, SAT2, SAT3, and Asia1. The FMD virus affects cloven-hoofed animals such as cows, pigs, buffalo, sheep, goats, camels and deer. The symptoms developed by FMD affected animals are fever and blisters on the tongue and lips, on the mammary glands, in and around the mouth as well as around the hooves. In addition to this, the illness also includes depression, anorexia, excessive salivation, lameness, and unwillingness to stand or move. The disease leaves the FMD affected animals weakened, thus, leading to a decline in meat and milk production. This results in a significant loss in production and has a major impact on trade in livestock and livestock products.

Foot and mouth disease is a global issue since it spread rapidly and can lead to remarkable economic losses as it could close international export markets for meat, dairy and other product hereby obstructing regional and international trade. It is necessary to act quickly to eliminate the disease and one of the most solutions for resisting the FMD epidemic is vaccination. Vaccination is the safest method that controls the spread of infection by reducing the amount of virus that is being shed by animals and controls clinical signs of illness. Thus, there is a rise in foot and mouth disease vaccine in order to reduce animal loss.

Foot Mouth Disease Vaccines Market: Drivers and Restraints

Recurring outbreaks of foot and mouth disease impel the demand of FMD vaccine. Vaccination is the only way to prevent recurrence and spread of foot and mouth disease, which in turn expected to drive the growth of FMD vaccine market. Moreover, the increasing population of livestock animals is expected to be a major factor for the growth of FMD vaccine market. In addition, governments initiatives to eradicate foot and mouth disease in highly affected regions has also driven the demand for FMD vaccine. However, limitations like cultivation of virulent FMD virus (FMDV) in the manufacturing units, lacking the ability of the vaccine to eliminate the virus from carrier animals and short duration of the immune response of vaccine due to the antigenic diversity of virus can hinder the growth of FMD vaccine market.

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Foot and Mouth Disease Vaccine Market: Segmentation

The segmentation of the global foot and mouth disease vaccine market is by product and application. On the basis of the product, the market is segmented as conventional and emergency. Increasing acquisition of oil-based vaccines due to their longer duration of effectiveness and higher efficacy, the conventional vaccines segment is dominating the market. Based on the application segment, the market is segmented as cattle, goats, pigs, sheep, and others. Due to the increasing demand for animal products such as milk, chicken, eggs, meat, and other application segment dominates the overall foot and mouth disease vaccine market.

Foot and Mouth Disease Vaccine Market: Regional Insight

The regional analysis of foot and mouth disease vaccine includes geographical regions such as North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific region is dominating the market due to the presence of countries with huge livestock population, speedy development of the healthcare sector and major key players investing in R&D are some of the few factors contributing to the larger market share of the region. The European market is also driving the demand for the FMD vaccine market owing to dairy and livestock industries and emphasis on FMD vaccinations for prevention. Moreover, the FMD vaccine market in North America is expected to boom as a result of preventive programmes for FMD epidemics.

Foot and Mouth Disease Vaccine Market: Competitive Analysis

The key participants in foot and mouth disease vaccine include Agrovet, Bago S.A., Bayer HealthCare, Biogenesis, Brilliant BioPharma, Botswana Vaccine Institute, Indian Immunologicals Ltd, Merial, MSD Animal Health, Vallee S.A. and VETAL Animal Health, and others.

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Reasons to Buy this Report:

- Comprehensive analysis of global as well as regional markets of the foot and mouth disease vaccines.

- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.

- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.