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Foot And Mouth Disease (FMD) Vaccines Market Expected To Exhibit Steady Growth During The Forecast Period

Product Summary

The study is given to the analysis of the latest growth trends and prospects for the Foot And Mouth Disease (FMD) Vaccines market.

The section “Foot And Mouth Disease (FMD) Vaccines Market” includes an examination of the situation in major sections of the Foot And Mouth Disease (FMD) Vaccines market. The markets in European Union countries are examined in more detail, giving a timeline of financial results reported by major 3PL providers in 2017.

Browse full report: https://www.credenceresearch.com/report/foot-and-mouth-disease-fmd-vaccines-market

Market Insight:

Foot and mouth disease (FMD) is an extremely infectious viral disease affecting cloven-hoofed animals, and has potential for causing heavy economic losses. FMD is not a direct threat to human; however, lost trade opportunities and animal food insecurity for affected countries pose global burden on economy and barriers on human development. According to World Organization for Animal Health (OIE) and Food and Agriculture Organization of the United Nations (FAO), FMD is a major threat to the food security of the world, especially in the underdeveloped countries. However, many countries are FMD free with or without vaccination owing to the stringent control initiatives carried out by local governments, FAO and OIE aiming at the global eradication of FMD virus. Growing dairy industry globally is the major driver for the boost in the demand for FMD vaccines. High demand for meat and dairy in the western countries and have enforced the government to undertake progressive control measures for dealing with the risk of FMD virus and related diseases. Moreover, development of DNA vaccines would further drive the market during the forecast period. Bulk buying of vaccines by governmental bodies in low prices to cater the growing demand in underdeveloped countries has negatively impacted the revenue generation, acting as the restrain to the growth of FMD vaccines market.

In terms of vaccine type, conventional vaccines held the largest share in the global FMD vaccines market. Oil-based vaccines are anticipated to exhibit highest growth rate owing to the advantages over aluminum hydroxide/saponin based vaccines. Initiation of higher titers and longer antibody response are some of the benefits of oil-based vaccines, driving its demand. In terms of animal type, cattle held the largest segment in the global FMD vaccines market owing to high animal density and increasing livestock. Moreover, FMD infection in cattle results in significant drop in milk yield, reduced wool and meat production, increased mortality in calves and poor reproduction affecting the dairy, meat and agricultural industry as a whole. Growing population of pigs and sheep will further drive the FMD vaccines globally.

Asia Pacific held the dominant position in the global FMD vaccines market owing to number of FMD endemic prone countries in the region. Countries such as India, China, South Korea, Pakistan and others have high livestock density and are more susceptible for FMD infection. Supportive government initiative to control and eradicate FMD virus is also an important factor for the growth of this region. According to FAO, India is highly vulnerable to FMD due to circulation of serotypes of virus such as O, A and Asia1 in the country. Recent outbreak of FMD was witnessed in India in 2017, affecting livestock population and milk production from the affected areas. Lower number of FMD outbreaks in the countries such as U.S., U.K., Canada and other European countries have led to the sluggish growth of the FMD vaccines market in these region. The prominent players actively engaged in the FMD vaccines market include MSD Animal Health, Bayer Healthcare, Brilliant Bio Pharma Ltd., Agrovet Co., Indian Immunologics Limited, Merial S.A.S, Inova Biotecnologia, Intervac (Pvt). Ltd.

“Foot And Mouth Disease (FMD) Vaccines Market” is a new report by us that explains how companies’ acquisition expenditures, media spend, business strategies, marketing and sales strategies and practices, and business plan are set to change in 2017-2018. This paper gives you access to the category-level spending forecasts, business challenges, budgets, supplier selection criteria, the current size of the marketing and promotion budgets and investment opportunities for senior-level officials. The report also identifies the expected growth of buyers and suppliers, capital expenditure, staff hiring, M and A, and e-procurement. This report not only gives access to the views and strategies of business decision makers and rivals but also examines their actions circling business priorities. The report also provides access to information categorized by company type and sizes, region,

Introduction and Landscape

Why was the report written?

This report is the result of an extensive survey drawn from Our Research’s elite panel of leading global senior level executives from enterprises such as such as medical devices, mining, packaging, power, oil, and gas, food and beverage, airports and pharmaceutical. The report covers key topics such as appropriation behaviors and strategies, the current size of the marketing and advertising budgets. Besides the report also recognizes the threats and possibilities, economic outlook trends, media channel spending outlooks, M and A expectations, marketing agency selection models, media budgets, business challenges and confidence among senior-level executives across various industries. Most secondary research papers are based on general industry drivers and do not understand the industry officials’ attitude and changing behaviors, creating a gap in showing the business opportunity of the industry. In an effort to bridge this gap, Our Research created this primary-research based report by selecting the opinions of various stakeholders in the value-chain of the industry

This report offers:

  • Analysis of several products, and regions that would provide the clear understanding of the ongoing and future trends in the global Foot And Mouth Disease (FMD) Vaccines market
  • Assessment of market dynamics such as drivers, restraints, and opportunities prevalent in the market
  • Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGRs for the period from 2018 to 2026
  • Company profiles that will highlight key information about the imperative players operating in the global Foot And Mouth Disease (FMD) Vaccines devices market

Here you can get an updated sample on this report: https://www.credenceresearch.com/sample-request/59281

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