Foot And Mouth Disease Vaccine Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032

The Business Research Company's Foot And Mouth Disease Vaccine Global Market Report 2023 identifies the growing livestock population as the major driver for the foot and mouth disease vaccine market's growth in the forecast period. Livestock is farm animals housed, reared, and utilized by humans, including cows, horses, and pigs. There is a rise in the livestock population because of an increase in demand for animal products. As livestock increases, there is a chance of the prevalence of foot and mouth disease that can lead to market growth.

The global foot and mouth disease vaccine market size is expected to grow from $2.19 billion in 2022 to $2.40 billion in 2023 at a compound annual growth rate (CAGR) of 9.84%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global food and mouth disease vaccine industry is expected to reach $3.26 billion in 2027 at a CAGR of 7.92%.

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Major competitors in the foot and mouth disease vaccine market are Godrej Agrovet Limited, Biogénesis Bago, Merial, Indian Immunologicals Ltd., Limor de Colombia, Msd Animal Health, Merck Animal Health, Brilliant Bio Pharma Ltd., Intervet India Pvt Ltd., Biovet Private Limited and China Animal Husbandry Co. Ltd.

A key trend in the foot and mouth disease vaccine market includes strategic partnership. The major player operating in the market is entering into a partnership to leverage each other's resources and expand in a new market. For instance, in July 2022, Biogénesis Bagó, an Argentina-based biotech company specializing in foot-and-mouth disease vaccine, partnered with FVC to develop a cutting-edge FMD vaccine site in South Korea. The strategic partnership will give South Korea access to cutting-edge technologies that will enable it to supply its internal market with safe, top-notch FMD vaccines, develop more affordable solutions for local livestock producers, and help protect the country's sanitary status. FVC is a South Korea-based information technology services provider.

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The foot and mouth disease vaccine market is segmented -
• By Vaccine Type: Conventional Vaccines, Oil Based Vaccines, Aluminium Hydroxide/Saponin Based Vaccines, Emergency Vaccines

• By Animal Type: Cattle, Pig, Sheep and Goat, Other Animals

• By Distribution Channel: Government Organizations, Distributors/ Pharmacies, Private Vet, Other Distribution Channels

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the foot and mouth disease vaccine market.

The Business Research Company's "Global Foot And Mouth Disease Vaccine Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Foot And Mouth Disease Vaccine Market Include:
1. Executive Summary
2. Foot And Mouth Disease Vaccine Market Characteristics
3. Foot And Mouth Disease Vaccine Market Trends And Strategies
4. Foot And Mouth Disease Vaccine Market - Macro Economic Scenario
5. Foot And Mouth Disease Vaccine Market Size And Growth
……
26. Africa Foot And Mouth Disease Vaccine Market
27. Foot And Mouth Disease Vaccine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Foot And Mouth Disease Vaccine Market
29. Foot And Mouth Disease Vaccine Market Future Outlook and Potential Analysis
30. Appendix

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