A significant driving force behind the growth of the FMD vaccine market is anticipated to be the high animal density and rising population of livestock animals. In 2017, the U.S. Department of Agriculture reported that India had over 300 million cattle, followed by Brazil and China. The United Nations Food and Agriculture Organization (UN-FAO) factsheet states that there were around one billion pigs in the globe in 2017. With 455 million pigs, China has the largest number of pigs. If their movement is not controlled, infected animals can spread the virus to other animals. The vaccination of animals against FMD reduces current hazards and promotes sustainable animal population increase worldwide, particularly in areas where FMD outbreaks are more likely to occur.
Global Foot And Mouth Disease Vaccine Market is estimated to be valued at US$ 2,396.3 million in 2022 and is expected to exhibit a CAGR of 9.4% during the forecast period (2022-2030).
Prominent Companies in the Foot And Mouth Disease Vaccine Industry:
1. Indian Immunologicals Ltd.
Indian Immunologicals was established by the National Dairy Development Board (NDDB) in 1982, as its unit, with the objective of making vaccines available to farmers at an affordable price. The company has headquarters situated in Telangana, India, it is operational in more than 50 countries.
2. MSD Animal Health
MSD, known as Merck & Co., Inc., Rahway, N.J., USA in the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. The company was founded in 1891 and has headquarters in New Jersey, United States.
3. Brilliant Bio Pharma Ltd.
Brilliant Bio Pharma Private limited (Brilliant), the fastest growing animal health company in India, started its journey just before the turn of the millennium, in 1998. The company has headquarters situated in Telangana, India.
4. Intervet
Intervet Inc. develops, manufactures and markets abroad range of veterinary medicines and services.
5. China Animal Husbandry Co., Ltd.
China Animal Husbandry Industry Co., Ltd. manufactures and sells animal health and nutrition products in China. The company was founded in 1998 and is based in Beijing, China.
6. Biogénesis-Bagó S.A
Since 1934, Biogénesis-Bagó S.A positioned as the leading company in the large animal industry of Latin America. The company has headquarters in Argentina
7. Vetal Animal Health Products S.A
Vetal Animal Health Products S.A was founded in 1991 and has headquarters situated in Turkey, Middle East.
*Definition- A tried-and-true method of preventing foot-and-mouth disease (FMD) is to immunise susceptible animals against it.
