The global food and mouth disease (FMD) vaccines market will expand at a healthy CAGR of 8.8% between 2014 and 2019, states a recent market research study published by Transparency Market Research. The report states that rising prevalence of foot and mouth diseases in livestock is the key factor driving the global market for FMD vaccines. The report also states that the market, which had a valuation of US$0.51 bn in 2013, will reach US$0.95 bn by 2020.The report is titled “Foot and Mouth Disease Vaccines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, and is available at the company’s website for sale.
Browse the full Foot and Mouth Disease Vaccines Market (Types- Conventional (Aluminum Hydroxide/Saponin and Oil Based Vaccines) and Emergency Vaccines; Application- Cattle, Pigs, Sheep and Goat and Others - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/foot-mouth-disease-vaccines.html
The rising prevalence of foot and mouth diseases in livestock across certain countries has prompted the government to take initiatives to increase awareness about the diseases and routine vaccination of the livestock. These efforts aimed at the eradication of food and mouth diseases are fueling growth prospects of the global FMD vaccines market.The report segments the global FMD vaccines market on the basis of three criteria: type of vaccine, application, and geography.
On the basis of vaccine type, the market is segmented into conventional vaccines (comprising oil-based and aluminum hydroxide/Saponin) and emergency vaccines. Of these, the market segment of oil-based vaccines held the largest share of the global market, at an estimated 63% owing to the high efficacy of these types of vaccines.On the basis of application, the market is segmented into sheep and goats, cattle, pigs, and others. Of these, the market segment of cattle held the largest share of the market in 2013. The increased demand for animal proteins such as milk and meat from the rapidly rising global population is the key factor propelling the use of FMD vaccines in cattle.
Of the key regional market’s studied in the report, the market segment of Asia Pacific held nearly 70% of the global market owing to the presence of FDM endemic countries in the region including Bangladesh, India, China, Pakistan, South Korea, and Hong Kong.
The report also presents a detailed overview of the competitive landscape of the global market for food and disease vaccines. It profiles some of the key vendors operating in the market and presents an analysis of recent developments in the market. An overview of business undertakings such as mergers and acquisitions allow the reader to understand the overall state of competitiveness in the market. Market attractiveness analysis of key regional markets and Porter’s five forces analysis, which allows the reader to comprehend the bargaining power of buyers and suppliers, threat of substitutes and new entrants and the overall competitive rivalry, gives further details about the competitive landscape.
Some of the key vendors operating in the global foot and mouth disease vaccine market are Brilliant Bio Pharma Limited, Merck Animal Health (MSD), Indian Immunologicals Ltd., Bayer AG, Biogenesis Bagó, Inova Biotechnologia, Agrovet Co., Merial, and Intervac (Pvt.) Ltd.
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
- Sheep and Goats
Global Foot and Mouth Disease Vaccines Market, by Geography
- North America
- South Korea
- Rest of APAC
- Rest of the World
- Latin America
- South Africa
- Rest of Africa
- Rest of RoW
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