Foot and Mouth Disease Vaccines Market : Global Top Key Players (AGROVET CO, BIOGÉNESIS BAGÓ, EMPRESA COLOMBIANA DE PRODUCTOS VETERINARIOS S.A. VECOL S.A., INDIAN IMMUNOLOGICALS LIMITED, LIMOR DE COLOMBIA, AND MERIAL S. A. S., amongst others)

Global Foot and Mouth Disease Vaccines Market : Demand, Trend, Latest Innovations & Technology, Applications Analysis and 2018-2023 Industry Growth Forecast Research Report - Orbis Research.

The global Foot and Mouth Disease (FMD) Vaccines is expected to register a growth rate of nearly 7.4% during the forecast period, 2018-2023. Foot and mouth disease occurs in the livestock animal population and poses a serious threat around the world. Increasing demand for animal products, and rising zoonotic diseases coupled with growing livestock are the major factors boosting market growth.

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Increasing Zoonotic Diseases

Zoonosis are the infectious diseases that can be transmitted between human beings and animals. Adverse climatic transformations, and rapid globalization are the major factors increasing the cases of livestock and zoonotic diseases over the past decades. According to the World Health Organization (WHO), Asian and African regions reported 55,000 people dying with rabies.

In addition, WHO states that the countries located around the Mediterranean Sea reported 50,000 cases of human brucellosis in the year 2003. Thus pertaining to the increasing burden of zoonotic diseases coupled with the associated financial burden, the governments are taking various initiatives to mandate safe healthcare practices for livestock and companion animals breeding. Hence, the aforementioned factors are expected to boost the market growth.

Rising Government Intervention

Rising government interventions in the FMD vaccines is expected to hamper the growth of the market. Some of the governments purchase the FMD vaccines in bulk from the manufacturers and supplies to various farms, vet clinics and animal husbandries at a subsidized rate.

These low rates hamper the significant profit of the manufacturers. For instance Indian government institutions such as FMDCP, ASCAD, and others manufacture and supply FMD vaccines to livestock owners. Thus the rising government intervention in FMD vaccines restrain the growth of the market.

Asia-Pacific Region to Dominate the Market

Asia-Pacific region captures largest market share owing to the presence of countries having larger livestock population and presence of major players in the region. The East-Asian region experienced a major FMD outbreak in 2000 and 2010 owing to intensive farming system and naive susceptible animal population.

Many such cases and the pertaining risks associated with the presence of large livestock population are expected to propel market growth. In addition, the market growth is expected to be driven by increasing R&D investment and constant efforts of market players to commercialize veterinary vaccines. However, the urgent need to control high incidence of this disease is expected to boost the market growth in the region.

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Key Developments in the Market

June 2018 - Authorities at Chandigarh Zoo is to vaccinate more than 100 animals for foot-and-mouth disease at the Mahendra Chaudhary Zoological Park, popularly known as Chhatbir Zoo, and will conduct vaccination of over 100 animals in the coming months.
May 2018 - Scientists at the National Agricultural Research Organization have identified a new strain of a FMD virus: a Southern African Territory 3 (SAT 3), which attacks livestock and causes lesions in mouth and sore feet and subsequently inhibits the animals’ abilities to eat or move.
Major Players - AGROVET CO, BIOGÉNESIS BAGÓ, EMPRESA COLOMBIANA DE PRODUCTOS VETERINARIOS S.A. VECOL S.A., INDIAN IMMUNOLOGICALS LIMITED, LIMOR DE COLOMBIA, AND MERIAL S. A. S., amongst others.

Reasons to Purchase the Report

Current and future outlook of Foot and Mouth Disease Vaccines (FMDV) in the developed and emerging markets
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
Information about the segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analysis support, along with the Market Estimate sheet (in excel)

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Table of Content

Introduction
1.1 Market Definition

Research Methodology
Executive Summary
Key Inferences
Market Overview
5.1 Current Market Scenario

5.2 Porter's Five Forces Analysis

5.2.1 Bargaining Power of Suppliers

5.2.2 Bargaining Power of Consumers

5.2.3 Threat of New Entrants

5.2.4 Threat of Substitute Product and Services

5.2.5 Competitive Rivalry within the Industry

5.3 Pipeline Analysis

5.4 Regulatory Scenario

Market Dynamics
6.1 Market Drivers

6.1.1 Increasing Demand for Animal Product

6.1.2 Rising Emphasis on Safety of Cross Border Trades of Animal Products

6.1.3 Increasing Zoonotic Diseases

6.2 Market Restraints

6.2.1 Rising Government Intervention

6.2.2 Pathogenecity and Complications Associated with Improper Attenuation

6.3 Opportunities

6.4 Key Challenges

Market Segmentation
Competitive Landscape
8.1 Mergers and Acquisitions Analysis

8.2 Agreements, Collaborations, and Partnerships

8.3 New Products Launches

Key Players
9.1 Agrovet Co

9.2 Biogénesis Bagó

9.3 Empresa Colombiana de Productos Veterinarios S.A. VECOL S.A.

9.4 Indian Immunologicals Limited

9.5 Limor de Colombia

9.6 Merial S. A. S.

*List Not Exhaustive

Future of the Market

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