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Foot and Mouth Disease Vaccines Market.pdf


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A latest report has been added to the wide database of Foot and Mouth Disease Vaccines Market by Infinium Global
Research. This report studies the Foot and Mouth Disease Vaccines Market by application (therapeutic, diagnostic,
fitness and nutrition monitoring and others), by type (home health monitoring products, home health services and
home health solutions) market status and outlook of global and major regions, from manufacturers, and end
industries. The objective of the study is to identify market sizes of different segments & countries in recent years and
to forecast the values for the next six years. Foot and Mouth Disease Vaccines Market provides opportunities in
micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and
product offerings of the major companies in the Foot and Mouth Disease Vaccines Market.
The value of the global FMD vaccines market was valued over USD 550 million during 2015. It is expected to grow at
a CAGR of between 8.5 % and 9.5% from 2017 to 2023.Increasing instances of FMD outbreaks in various countries in
Asia, Middle East and Latin America is driving the growth in demand for FMD vaccines. In regions where there are
frequent FMD outbreaks, favourable government policies regarding FMD vaccines and intervention in distribution
are bringing down its cost and it is expected to drive the growth of the global FMD vaccines market. The increasing
demand for live stocks products across the world, especially in emerging and developing countries is driving the
global FMD vaccines market. Moreover, the matured economies depend on various countries for meat products. To
meet the demand, the production of live stocks is increasing multi-fold. To meet the stringent import regulations and
to prevent FMD outbreaks, various countries and vendors promote FMD vaccinations for live stocks. In countries
with regular FMD endemics, conventional FMD vaccines are gaining more demand as they are used as long-term
preventive medicines, when compared to emergency medicines, which are used to control sudden FMD outbreak.
The increasing demand for conventional FMD vaccines is expected to enhance the growth of the global FMD vaccines
market during the forecast period. Cattle segment is expected to be the fastest growing segment in the global FMD
vaccines market during the forecast period, due to the presence of large number of cattle in the FMD endemic
countries. The mutable serotype FMD outbreaks is expected to restrain the growth of the market, as it requisites
large investment and effort to produce vaccines at short notice to counter such viruses. The increased investments in
Research and Development is yielding advanced vaccines for FMD and it is expected to provide opportunities for the
major players to expand in regions with frequent FMD endemics. Moreover, the FMD DNA vaccines are expected to
generate opportunities for the major players in the market. The decreasing price for FMD vaccines, due to
Infinium Global Research