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Latin America FMD Vaccine Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Latin America FMD vaccine market is expected to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Food and mouth disease (FMD) is a contagious viral disease affecting a wide range of livestock species, like cattle, buffaloes, pigs and sheep. It is caused by a virus from the Picornaviridae family of the Aphthovirus genus with various immunological serotypes. The FMD vaccination is one of the most crucial tools used to combat the disease that can have a devastating impact on the economy, society, and the environment. In Latin America, several methods of administering the vaccine have been adopted based on local situations and objectives, such as mass vaccination, vaccination for target animal population, ring vaccination around outbreaks, and vaccination at buffer zones.

Latin America represents one of the largest FMD vaccine markets. It is primarily driven by the development and standardization of diagnostic tests in the region. The rising demand for animal care products and the increasing livestock population in the region are acting as other major factors impelling the market growth. As a result, various government initiatives have been undertaken to ensure the implementation of safe healthcare practices for livestock animals and new control benefits to optimize vaccine-based control programs. They are also creating awareness among the masses regarding the need for proper vaccination to fight against FMD. Moreover, Latin American countries, including Venezuela, Colombia, Uruguay, Bolivia, Paraguay, and Ecuador, have undertaken collaborative initiatives to combat the disease in a cost-effective manner for universal welfare. For instance, Brazilian health authorities carried out a joint operation with the Venezuelan government to eradicate the disease in Venezuela. Such initiatives, in turn, are creating a positive outlook for the market further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America FMD vaccine market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on animal type, vaccine type and distribution channel.

Breakup by Animal Type:

  • Cattle
  • Pig
  • Sheep and Goat
  • Others (buffalo, camels, deer)
     

Breakup by Vaccine Type:

  • Conventional Vaccines
    • Oil based Vaccines
    • Aluminium Hydroxide/Saponin Based Vaccines
  • Emergency Vaccines
     

Breakup by Distribution Channel:

  • Government Organizations
  • Distributors/Pharmacies
  • Private Vet
  • Others
     

Breakup by Country:

  • Brazil
  • Argentina
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Animal Type, Vaccine Type, Distribution Channel, Country
Countries Covered Brazil, Argentina, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option

Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the Latin America foot and mouth disease (FMD) vaccine market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Latin America foot and mouth disease (FMD) vaccine market?
  • What are the key regional markets?
  • What is the breakup of the market based on the animal type?
  • What is the breakup of the market based on the vaccine type?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Latin America foot and mouth disease (FMD) vaccine market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Latin America Foot and Mouth Disease (FMD) Vaccine Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Animal Type
    6.1    Cattle
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Pig
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Sheep and Goat
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others 
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Vaccine Type 
    7.1    Conventional Vaccines
        7.1.1 Market Trends
        7.1.2 Market Breakup by Conventional Vaccines Type
            7.1.2.1 Oil based Vaccines 
               7.1.2.1.1 Market Trends
               7.1.2.1.2 Market Forecast
            7.1.2.2 Aluminium Hydroxide/Saponin Based Vaccines
               7.1.2.2.1 Market Trends
               7.1.2.2.2 Market Forecast
        7.2.3 Market Forecast
    7.2    Emergency Vaccines 
        7.2.1 Market Trends
        7.2.2 Market Forecast   
8    Market Breakup by Distribution Channel
    8.1    Government Organizations
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Distributors/ Pharmacies
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Private Vet
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Country
    9.1    Brazil
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Argentina
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Major Drivers and Challenges
Figure 2: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Sales Value (in Million US$), 2015-2020
Figure 3: Latin America: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Breakup by Animal Type (in %), 2020
Figure 5: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Breakup by Vaccine Type (in %), 2020
Figure 6: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Breakup by Country (in %), 2020
Figure 8: Latin America: Foot and Mouth Disease (FMD) Vaccine (Cattle) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Latin America: Foot and Mouth Disease (FMD) Vaccine (Cattle) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Latin America: Foot and Mouth Disease (FMD) Vaccine (Pig) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Latin America: Foot and Mouth Disease (FMD) Vaccine (Pig) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Latin America: Foot and Mouth Disease (FMD) Vaccine (Sheep and Goat) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Latin America: Foot and Mouth Disease (FMD) Vaccine (Sheep and Goat) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Latin America: Foot and Mouth Disease (FMD) Vaccine (Other Animal Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Latin America: Foot and Mouth Disease (FMD) Vaccine (Other Animal Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Latin America: Foot and Mouth Disease (FMD) Vaccine (Conventional Vaccines) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Latin America: Foot and Mouth Disease (FMD) Vaccine (Oil-Based Vaccines) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Latin America: Foot and Mouth Disease (FMD) Vaccine (Oil-Based Vaccines) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Latin America: Foot and Mouth Disease (FMD) Vaccine (Aluminium Hydroxide/Saponin Based Vaccines) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Latin America: Foot and Mouth Disease (FMD) Vaccine (Aluminium Hydroxide/Saponin Based Vaccines) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Latin America: Foot and Mouth Disease (FMD) Vaccine (Conventional Vaccines) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Latin America: Foot and Mouth Disease (FMD) Vaccine (Emergency Vaccines) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Latin America: Foot and Mouth Disease (FMD) Vaccine (Emergency Vaccines) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Latin America: Foot and Mouth Disease (FMD) Vaccine (Government Organizations) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Latin America: Foot and Mouth Disease (FMD) Vaccine (Government Organizations) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Latin America: Foot and Mouth Disease (FMD) Vaccine (Distributors/ Pharmacies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Latin America: Foot and Mouth Disease (FMD) Vaccine (Distributors/ Pharmacies) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Latin America: Foot and Mouth Disease (FMD) Vaccine (Private Vet) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Latin America: Foot and Mouth Disease (FMD) Vaccine (Private Vet) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Latin America: Foot and Mouth Disease (FMD) Vaccine (Other Distribution Channels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Latin America: Foot and Mouth Disease (FMD) Vaccine (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Brazil: Foot and Mouth Disease (FMD) Vaccine Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Brazil: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Argentina: Foot and Mouth Disease (FMD) Vaccine Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Argentina: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Others: Foot and Mouth Disease (FMD) Vaccine Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Others: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Latin America: Foot and Mouth Disease (FMD) Vaccine Industry: SWOT Analysis
Figure 39: Latin America: Foot and Mouth Disease (FMD) Vaccine Industry: Value Chain Analysis
Figure 40: Latin America: Foot and Mouth Disease (FMD) Vaccine Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Key Industry Highlights, 2020 and 2026
Table 2: Latin America: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Breakup by Animal Type (in Million US$), 2021-2026
Table 3: Latin America: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Breakup by Vaccine Type (in Million US$), 2021-2026
Table 4: Latin America: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Latin America: Foot and Mouth Disease (FMD) Vaccine Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 6: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Competitive Structure
Table 7: Latin America: Foot and Mouth Disease (FMD) Vaccine Market: Key Players

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