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Foot and Mouth Disease Vaccines Market Share Analysis , Industry Survey and Growth Prospect till 2028
by grafalex0601 · February 25, 2019
25th February 2019 – The global Foot and Mouth Disease Vaccines Market is expected to exhibit a higher CAGR during the forecast period. Vaccine is one of the effective methods to manage or eradicate the disease when applied properly and with a desirable composition. Foot and mouth disease remains a common problem across the world and any FMD epidemic can lead in potential hazards on farmers leaving an adverse effect on production income, livestock assets, nutrition and consumption.
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The costs incurred in keeping the disease within the control is much higher as compared to the total expense of the FMD control , hence it is very essential for farmers to assess the vaccine and vaccination effectiveness before deploying. Foot and mouth disease vaccines market is driven by high prevalence of zoonotic diseases in animals and preventive measures undertaken by the government to eradicate the disease. Healthy initiatives undertaken by NGOs and government mandate for safer healthcare practices for livestock is more likely to propel the market growth during the forecast period.
Rise in demand for animal products such as eggs, meat, chicken and other products coupled with technological developments are stirring the market growth. In addition, rise in animal husbandry in developing and developed economies are significant. By technique , the market is segmented as emergency and conventional vaccines. Animal type segmentation for foot and mouth disease vaccines market comprises goat, pigs, cattle and sheep.
Leading players of Foot and Mouth Disease Vaccines including:
Jinyu Group Cavet Bio CAHIC Tecon Group Shen Lian Biogenesis Bago BIGVET Biotech Indian Immunologicals Boehringer Ingelheim MSD Animal Health and many others
Market split by Type, can be divided into:
Emergency Vaccines Conventional Vaccines
Market split by Application , can be divided into:
Cattle Pig Sheep & Goat Others
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Geographical segmentation for foot and mouth disease vaccines industry spans North America, South America, Europe, Asia-Pacific , Middle East and Africa. Asia-Pacific market are most likely to propel the market growth during the forecast period due to medication and vaccination facilities to preserve the livestock population. North America鈥檚 foot and mouth disease vaccine market is likely to lead the market growth due to stringent rules and regulations for international shipping of animal products have helped in lessening the risk of foot and mouth disease.
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