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Market
Global endorsement and adoption rate of Bovaer by 2025
4
Resolution / Starting Odds
Low endorsement • 25%
Moderate endorsement • 25%
High endorsement • 25%
Very high endorsement • 25%
Global agricultural reports and endorsements from environmental groups
Story
FDA Approves Elanco's Bovaer to Cut Methane Emissions in Dairy Cows
May 28, 2024, 11:06 AM
Elanco Animal Health Inc. has received approval from the US Food and Drug Administration (FDA) for a new feed ingredient that significantly reduces methane emissions in dairy cows. The ingredient, known as Bovaer, has been shown to cut methane emissions by an average of 30%. This development is being hailed as a significant advancement for the farming industry, with Elanco's CEO Jeff Simmons describing it as 'big news'. The approval marks a critical step towards more sustainable farming practices and reducing the environmental impact of dairy farming.
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Similar markets
High adoption (Above 30%) • 33%
Moderate adoption (15-30%) • 33%
Low adoption (Below 15%) • 34%
0-5 countries • 25%
6-10 countries • 25%
11-20 countries • 25%
More than 20 countries • 25%
Adopted in 1-5 countries • 25%
Adopted in 6-10 countries • 25%
Adopted in 11-20 countries • 25%
Adopted in 21 or more countries • 25%
High Commitment • 25%
Moderate Commitment • 25%
Low Commitment • 25%
No Commitment • 25%
Adopted in other African countries • 25%
Adopted outside Africa • 25%
Considered but not adopted • 25%
Not considered • 25%
Low adoption (few countries) • 25%
Moderate adoption (some countries) • 25%
High adoption (many countries) • 25%
Very high adoption (most major livestock countries) • 25%
Widely adopted • 33%
Moderately adopted • 33%
Poorly adopted • 34%
Highly effective • 33%
Moderately effective • 34%
Not effective • 33%
Fewer than 10 countries • 33%
10-20 countries • 33%
More than 20 countries • 34%
Highly positive • 25%
Somewhat positive • 25%
Neutral • 25%
Negative • 25%
Widely adopted in over 50 countries • 25%
Adopted in 20-50 countries • 25%
Adopted in less than 20 countries • 25%
Not adopted widely • 25%
0-5 countries • 25%
6-10 countries • 25%
11-15 countries • 25%
More than 15 countries • 25%