Foot and Mouth Disease (FMD) Vaccines Market
Future Lies In Oil-Based Vaccines, Expected To
Reach US$0.95 bn by 2020
Foot and mouth disease (FMD) is a highly contagious disease and is caused by the virus called
Aphthovirus from the family Picornaviridae. The virus can result in high fever for about two to
six days, which is followed by blisters on the feet and inside of the mouth of the animal. This
disease is infectious and can sometimes also prove fatal for animals. This viral disease is
common in cloven-hoofed animals such as wild and domestic bovid.
As per the report, the rising consumption of dairy products and meat by humans is a key factor
fuelling the market for foot and mouth disease vaccines. In addition, the increasing number of
initiatives taken by governments globally is also augmenting the growth of the foot and mouth
disease vaccines market. Furthermore, the prime growth opportunity in the market is the
proliferation of DNA vaccines holding great potential in the cure of foot and mouth diseases in
animals. On the other hand, the intervention of governments in vaccine purchasing has resulted
in decreased costs of these vaccines, hence posing a negative impact on the growth of the market.
In terms of type, the report segments the market into emergency vaccines and conventional
vaccines. The segment of conventional vaccines include aluminum hydroxide/ Saponin and oilbased vaccines. Amongst these, the demand for conventional vaccines is poised to rise in the
coming years due to the rising adoption of routine vaccination strategy for controlling or
eradicating the spread of foot and mouth disease. Amongst conventional vaccines, the segment of
oil-based FMD vaccines held the largest share in the market in 2013.
The foot and mouth disease vaccines are used majorly on animals such as pigs, cattle, sheep and
goats, and others. These vaccines can be also administered to certain species of deer, camels, and
giraffe. Amongst these,...