Foot and Mouth Disease (FMD) Vaccine Market Size, Benefits, Business Opportunities and Future Scope To 2025 “Foot and Mouth Disease Vaccine Market is anticipated to grow at a significant CAGR of 8.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe.”
Global Foot and Mouth Disease (FMD) Vaccine Market is anticipated to reach USD 3.0 billion by 2025. Footand-Mouth disease, also termed as “Hoof-and-Mouth Disease” implies an infectious and contagious viral disease that affects cloven-hoofed animals, involving wild and domestic bovids. The after-effects of foot and mouth disease include high fever that lasts for two to six days. The symptoms include blisters on the feet and inside the mouth. Foot and Mouth Disease (FMD) Vaccine has significant economic impact. The factors that propel the growth of the market include changing lifestyle coupled with change in food preference, increasing awareness among people, and increased acceptance of oil-based vaccines due to their developed effectiveness. On the other hand, there are factors that may hamper the growth of the market such as less immunity, high cost, instability at room temperature (3-8°C). Foot and Mouth Disease Vaccine Market is anticipated to grow at a significant CAGR of 8.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Foot and Mouth Disease (FMD) Vaccine Industry may be explored by product type, application, and geography. The market may be explored by product type as Conventional vaccines, and Emergency vaccines. The “Conventional vaccines” section dominated the FMD Vaccine Market in 2016 and is anticipated to maintain its dominance by 2025 owing to an increasing penetration of oil-based vaccines due to their higher efficacy and long-term effectiveness.
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