Research Report on China Foot-and-Mouth Disease (Fmd) Vaccine Industry 2014-2018 - Market Size, Shares, Trend, Growth, Research and Statistics

China is the world's largest producer and consumer of pork with the output volume accounting nearly 50% of the total. According to the statistics of agricultural production from the National Bureau of Statistics of China, the annual output volume of poultry meat was 83.73 million tons in 2013, up by 1.8% YOY. The output volume of pork was 54.93 million tons, up by 2.8%. The stock volume of hogs was 474.11 million, down by 0.4% compared to 2012. The stock volume of fattened hogs was 715.57 million, up by 2.5% compared to 2012. In 2012, serious Type-A FMD broke out in Guangdong, Henan and Anhui. In 2013, Type-A FMD occurred in Guangxi and Guangdong. Therefore, it is necessary to inoculate pigs, cattle and sheep against FMD.

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According to the National Compulsory Immunization Plan of Animal Epidemic Diseases in China in 2013 issued by the Ministry of Agriculture, China implements compulsory immunity on four animal epidemic diseases including FMD while the expenses on the vaccines are undertaken by the government. Currently FMD vaccines are purchased by the government through invitation to bid in China. Driven by the large-scale cultivation, the demand for customized vaccines in large-scale farms keeps increasing. The market sales of vaccines grow rapidly. The market competition will be modest in the next 3-5 years due to high technical barriers of direct selling FMD vaccines and the small number of participated enterprises while the profit margin will remain at high level.

Chinese government began to pay attention to the quality of vaccine products. In 2013, the bidding prices of FMD vaccines in Guangdong, Fujian and Shandong significantly depended on the quality. The standards for compulsory immunity vaccine purchasing are expected to be improved. The market competition will transfer from "low prices" to...