Global
Foot and Mouth Disease Vaccine Market is expected to gain a positive CAGR growth in the
forthcoming period. Foot and mouth disease is a severe and highly contagious
viral disease in animals. Thought it is not fatal always, it causes suffering
and vastly lessens commercial value of animals. Cattle, swine, sheep, deer and
goats are highly vulnerable to critical illness post incubation period.
Signs
such as fever, blister-like lesions followed by erosions on tongue and lips in
the mouth, muzzle and snout. Excessive salivation, lameness and decreased feed
consumption is observed in this phase of disease. Contrarily, vaccines are used
to produce or stimulate immunity against a particular disease. FMD vaccines
kill certain virus. Further, there seven different type of virus having no
universal vaccine against the disease.
Vaccines
for FMD must match to the type and subtype prevailing in the affected area. On
matching to the type and subtype, the vaccine normally protects the animals
from developing clinical signs of disease but not necessarily it protects the
FMD infection. Driving factors responsible for the growth of foot and mouth
disease vaccine market includes government initiatives to control FMD outbreaks
and rise in meat consumption and dairy products. Also, significance of FMD
vaccines in African and Asian regions also add to the growth of foot and mouth
disease vaccine market.
Based
on animal type, the foot and mouth vaccines market is segmented into sheep,
cow, buffalo and goat. Geographically, foot and mouth disease vaccine market
spans North America, Latin America, Europe, Asia-Pacific, Middle-East and
Africa. APAC market is expected to gain a positive traction in the forthcoming
period and also accounts for major share owing to dominance for revenue
generation.
MEA
regions are also expected to gain a positive traction in the forthcoming period
owing to rise in outbreaks and demand for vaccines. Europe and North American
market have little or no growth since these regions are free from FMD and need
no FMD vaccines. The key players in the foot and mouth disease vaccine market
include Brilliant Bio Pharma Ltd, Bayer AG, Agrovet Co., Biogenesis Bago, Inova
Biotecnologia, and Indian Immunologicals Ltd.
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