United States FMD Vaccines Market Share, Size, Growth, Opportunity and Forecast 2021-2026

Name: United States FMD Vaccines Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Creator: IMARC Group
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Keywords: United States FMD Vaccines Market Report

United States FMD Vaccines Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Report Format: PDF+Excel | Report ID: SR112024A2916

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Market Overview:

The United States FMD vaccines market is currently witnessing moderate growth. Foot and mouth disease (FMD) vaccine is a vital tool for fighting against the FMD virus, which belongs to the Aphthovirus genus of the family Picornaviridae. FMD is an animal disease that affects cattle, buffaloes, pigs, sheep, goats, and other wildlife species. In the United States, the government is actively engaged in educating the general masses on the risk of FMD through outreach measures and agreements. They are also initiating preventive programs, which help to control the import of animals and animal products, proper decontamination, and disposal of garbage.

The United States FMD vaccine market is primarily driven by various preventive measures taken by the US Government to keep FMD out of its susceptible animal population. For instance, the US Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS) works closely with the US Customs and Border Protection to enforce import restrictions and requirements. This ensures that FMD is not brought into the country through animal and animal products' legal trade. Besides this, in response to an FMD outbreak, APHIS may access vaccines through the North American FMD Vaccine Bank, which is jointly administered by the US Government. Moreover, the government is also funding research to advance commercial production of better, low-cost vaccines to protect livestock against FMD. On account of the above-mentioned factors, IMARC Group expects the market to exhibit moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States FMD vaccines market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, 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 Region:

Northeast
Midwest
South
West

Competitive Landscape:

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

Frequently Asked Questions:

Key Questions Answered in This Report

The global vegan food market was valued at US$ 17 Billion in 2020.

We expect the global vegan food market to exhibit a CAGR of 11.4% during 2021-2026.

The growing consumer concerns towards cruelty against animals for producing food items, represent one of the key factors driving the global vegan food market.

Sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of vegan food products.

Based on the product, the global vegan food market can be bifurcated into dairy alternatives, meat substitutes and others. Currently, meat substitutes hold the majority of the total market share.

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