Europe FMD Vaccine Market Share, Size, Growth, Opportunity and Forecast 2024-2032

Europe FMD Vaccine Market Report by Animal Type (Cattle, Pig, Sheep and Goat, and Others), Vaccine Type (Conventional Vaccines, Emergency Vaccines), Distribution Channel (Government Organizations, Distributors/Pharmacies, Private Vet, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A2908

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Market Overview:

The Europe foot and mouth disease (FMD) vaccine market size reached US$ 87.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 207.6 Million by 2032, exhibiting a growth rate (CAGR) of 9.73% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 87.9 Million
Market Forecast in 2032	US$ 207.6 Million
Market Growth Rate (2024-2032)	9.73%

Foot and mouth disease (FMD) refers to an animal disease that affects cattle, buffaloes, pigs, sheep, and numerous other wildlife species. This disease is caused by the virus belonging to the Aphthovirus genus of the Picornaviridae family. The global disparity between virus control and eradication has created the need for effective vaccination for the disease. This vaccine is an essential tool that is used to combat FMD while optimizing vaccine-based control programs.

The Europe FMD vaccine market is primarily driven by the prevalence of FMD in the bordering countries of the European continent. The presence of two intergovernmental vaccine banks, namely the International Vaccine Bank (IVB) and the European Union Vaccine Bank (EUVB), is also propelling the growth of the market. These authorities either maintain a vaccine bank or have contracted commercial vaccine manufacturers to hold FMD vaccine and antigen on their behalf. Furthermore, as biosecurity of laboratories and vaccine production facilities is essential, the European Commission for the Control of Foot-and-Mouth Disease (EUFMD) has set detailed biosecurity aspects. Due to this, laboratories and producers in the EU have to comply with these standards to get approval under EU Directive 2003/85 to work with the FMD virus.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Europe foot and mouth disease (FMD) vaccine market report, along with forecasts at the regional and country levels from 2024-2032. 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:

Turkey
Georgia
Armenia

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	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Animal Type, Vaccine Type, Distribution Channel, Country
Countries Covered	Turkey, Georgia, Armenia
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
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 Europe foot and mouth disease (FMD) vaccines market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Europe foot and mouth disease (FMD) vaccines 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 Europe foot and mouth disease (FMD) vaccines market and who are the key players?
What is the degree of competition in the industry?

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