Avian influenza has killed 633 million+ poultry and threatens a US$48B market; FMD costs US$11.3B annually; and African swine fever has wiped out over 40% of pig herds in parts of Asia.
Rabobank also pointed to persistent risks from diseases such as Porcine Reproductive and Respiratory Syndrome virus, Porcine Epidemic Diarrhoea virus, and African Swine Fever virus.
In related developments, researchers at the Massachusetts Institute of Technology (MIT) are working on an mRNA-based vaccine for African swine fever (ASF) that could be more effective than conventional vaccines.
The platform introduced dedicated FMD vaccine record-keeping functionality in May to create a centralised and auditable record of vaccination activities.
The facility is expected to produce up to 1.2 billion vaccine doses annually, initially serving the domestic market.
As defence budgets soar to US$ 2.9 trillion, report warns aid cuts leave the world dangerously exposed to transboundary diseases, food insecurity and the next pandemic.
Srengthening production systems, food safety, and market access would improve the availability of safe and nutritious pork.
The event will feature more than 300 international exhibitors from over 40 countries.
Industry leaders say the deal positions U.S. livestock producers for significant export growth in Taiwan, currently the fifth-largest market for American beef.
The start-up plans to expand its data and analysis tools as animal disease risks continue to rise across global food systems.