Presence of government funded entities in foot and mouth disease (fmd) vaccines market compels private players to innovate, says tmr

1. Presence of Government-funded Entities in Foot and Mouth Disease
(FMD) Vaccines Market Compels Private Players to Innovate, says TMR
Date: 03-01-2017 09:30 PM CET
Category: Health & Medicine
Press release from: Transparency Market Research - Pharmaceutical
The top three players in the global Foot and Mouth Disease (FMD) such as Merial, MSD Animal Health (Merck), and Bayer
AG account for 74.6% of the overall market. However, the global FMD market is highly fragmented due to the presence of
many local players, reports Transparency Market Research (TMR) in a new study. Some of the local players are Agrovet,
Brilliant Bio Pharma Ltd., Centro Diagnóstico Veterinario, Intervac (PVT) Ltd., Inova Biotecnologia Saúde Animal Ltda.,
Razi Vaccine & Serum Research Institute and Indian Immunologicals Limited.
“The manufacturers are competing not only with private players, but also governments of many countries who have set up
their own FMD vaccines manufacturing units,” says the author of the report.
Download Exclusive Brochure of This Report :
www.transparencymarketresearch.com/sample/sample.php?flag...
Growing Consumption of Meat in European Countries Boosts the Demand for FMD Vaccines
India, China, and Hong Kong are the top three countries of Asia involved in the export of beef and pork. Denmark, France,
and Spain import most of their meat products from Asia. Thus, augmenting export of meat products increases the requirement
of healthy livestock, thereby fueling the demand for FMD vaccines.
Countries in Asia and Africa encounter FMD outbreaks at an alarming rate. The governments of these countries are, thus,
taking certain initiatives to control FMD outbreaks. Hence, favorable government initiatives are likely to accentuate the
demand of FMD vaccines. A latest trend observed in the FMD vaccines market is the development of DNA vaccines. These
vaccines provide better results and have a longer lasting effect than the conventional vaccines. Therefore, manufacturers are
financing these vaccines in order to generate more revenue.
Government Intervention in Distribution Reduces the Cost of Vaccine
Seite 1 / 3

2. Governments play a vital role in the distribution of FMD vaccines. They purchase vaccines directly from manufacturers in
bulk and supply it to various farms, vet clinics, and animal husbandries at a reduced rate. For instance, Government of India
buys FMD vaccines from manufacturers in bulk during outbreaks and supplies it in different regions of the country.
There are seven different types of serotypes that can cause FMD. The FMD vaccines presently available are antigen specific
and are ineffective on any other serotypes. As a result, increased outbreak of a particular type can challenge the growth of the
market of remaining serotypes.
Increasing use of Conventional Vaccines in FMD-endemic Countries Benefits Growth of FMD Vaccines Market
The global foot and mouth disease vaccines market was valued at USD 513.6 million in 2013 and is anticipated to reach
US$954.5 mn in 2020. By type, the market is segmented into conventional vaccines and emergency vaccines. “Conventional
vaccines are more prevalent than emergency vaccines due to their augmented use in FMD-endemic countries,” says TMR
analyst. In 2015, the valuation of conventional vaccines was US$414.6 mn and is expected to rise at US$313.4 mn in 2020.
Conventional vaccines are further segmented into aluminum hydroxide/saponin-based vaccines and oil based vaccines.
By application, the cattle segment is the leading as well as the fastest growing segment by revenue in the global FMD vaccine
market. Due to the presence of a large number of cattle in the FMD-endemic countries, the segment is expected to retain the
leadership till 2020.
By geography, Asia Pacific held the largest market share by revenue and is anticipated to maintain the leadership by the end
of 2020.
The information presented in this review is based on a Transparency Market Research report, titled, ‘Foot and Mouth Disease
Vaccines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.’
Browse Global Strategic Business Report:
www.transparencymarketresearch.com/foot-mouth-disease-vac...
The global foot and mouth disease vaccines market is segmented as follows:
Global Foot and Mouth Disease Vaccines Market, by Types
Conventional Vaccines
Aluminum Hydroxide/Saponin
Oil Based
Emergency Vaccines
Global Foot and Mouth Disease Vaccines Market, by Applications
Cattle
Pigs
Sheep and Goats
Others
Global Foot and Mouth Disease Vaccines Market, by Geography
North America
Europe
Asia-Pacific
China
India
South Korea
Malaysia
Rest of APAC
Rest of the World
Seite 2 / 3

3. Latin America
Africa
South Africa
Algeria
Nigeria
Rest of Africa
Rest of RoW
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and
services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of
decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various
tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable
information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food &
beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep
segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive
to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com
You can find this press release here
Seite 3 / 3