Global Foot and Mouth Disease Vaccines Market Insights Covering Market Dynamics and Competitive Scenario through 2024

In order to study the various trends and patterns prevailing in the overall market Foot and Mouth Disease Vaccines, Market Research Reports Search Engine (MRRSE) has included a new report titled “Foot and Mouth Disease Vaccines Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The key players in the global foot and mouth disease vaccines market, as stated in a research report, hold small shares in a highly fragmented competitive landscape. The market is largely taken up by a high volume of regional players, a lot of whom are backed by governments and private investors. This has created an intense competitive landscape in the global foot and mouth disease vaccines market which is likely to remain the case over the coming years. The report puts players such as Inova Biotechnologia, Bayer AG, and Brilliant Bio Pharma Ltd., as the leading entities in the global foot and mouth disease vaccines market for 2014.

MRRSE report suggests that the global foot and mouth disease vaccines market will demonstrate an encouraging 8.8% CAGR within the forecast period from 2014 to 2020. The market is therefore predicted to rise from its 2013 evaluation of US$0.51 bn to US$0.95 bn by the end of 2020.

APAC Demand for FMD Vaccines Continues to Skyrocket

The global foot and mouth disease vaccines market’s regional analysis, as given in the report, shows a strong dominant nature of demand coming from Asia Pacific. This region led the market in 2014 and is expected to continue its lead till the end of the report’s forecast period. This is because foot and mouth disease has historically taken a severe toll on the animal husbandry industry of this region. Asia Pacific also holds the leading dairy and dairy products industries, a force perpetually pushing for the use of advanced treatment methods in animal husbandry.

Rising Dairy and Meat Consumption Directly Impacts FMD Vaccine Demand

“The majority of the vaccines available in the global foot and mouth disease vaccines market are meant for animals, usually cattle, pigs, goats, and sheep. The demand for FMD vaccines for cattle were significantly higher than any other segment in 2013, a testament to the massive demand already present for cattle food products. Over the coming years, this consumption rate of meat as well as dairy products is very likely to rise at a swift pace, thanks to the surging population in all regions, and the increasing number of consumers choosing meat. The related animal husbandry industry, therefore, keen on making these products as safe as possible when it comes to preventing the growth of bacteria and/or deadly pathogens. For the global foot and mouth disease vaccines market, this spells a massive surge in demand, which is expected to continue being the case of the coming years,” states a MRRSE analyst.

Future opportunities in the global foot and mouth disease vaccines market could heavily rely on the developments of the currently niche DNA vaccines. These vaccines are shown to hold massive potential and players are increasing investments and focus on their development. However, the larger players are negatively impacted by the rising government intervention in the global foot and mouth disease vaccines market, in terms of providing concessions on the purchase of vaccines by consumers.

Oil-based FMD Vaccines Expected to Gain Favor

Conventional vaccines are expected to be increasingly popular over the coming years. One of the sub-categories in conventional FMD vaccines, the oil-based version – is expected to show massive potential over the coming years. This segment already dominated the global market, taking up 63% of it in 2013. The increasing adoption of routine vaccination programs to eradicate or control the disease spread will help the segment of conventional FMD vaccines to gain increased demand in the near future.

Geographically, the global FMD vaccines market has been classified into four regions: North America, Europe, Asia Pacific and Rest of the World (RoW). The current and future market sizes (in terms of USD million) of the regional markets mentioned above have been provided in the report for the period from 2012 to 2020 along with the growth rate (CAGR %) for the period from 2014 to 2020. The study further offers recommendations for the foot-and-mouth disease vaccines market, which would be useful for existing and new players to sustain and grow in the market.

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The foot-and-mouth disease vaccines market report concludes with the company profiles section that includes key information in terms of company overview, financial information, product portfolio, business strategies and recent development about the major players operating in the FMD vaccines market. Detailed analysis of these companies is included in this section in order to give a thorough analysis of the overall competitive scenario in the global FMD vaccines market. Key players profiled in the section include Agrovet Co., Bayer AG, Biogenesis Bagó, Brilliant Bio Pharma Limited, Indian Immunologicals Ltd., Inova Biotechnologia, Intervac (Pvt.) Ltd., Merial, and Merck Animal Health (MSD).

The global foot and mouth disease vaccines market is segmented as follows:

Global Foot and Mouth Disease Vaccines Market, by Types

Conventional Vaccines
Aluminum Hydroxide/Saponin
Oil Based

Emergency Vaccines

Global Foot and Mouth Disease Vaccines Market, by Applications

Cattle
Pigs
Sheep and Goats
Others

Global Foot and Mouth Disease Vaccines Market, by Geography

North America
Europe
Asia-Pacific
China
India
South Korea
Malaysia
Rest of APAC

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