Foot and Mouth Disease Vaccines Market Foot and Mouth Disease Vaccines Market

Foot and Mouth Disease Vaccines Market Key Players, Trends,
Growth Opportunities and Industry Forecast till 2028
“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.”
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.
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.
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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.