VETERINARY ANTIBIOTICS MARKET ANALYSIS

Veterinary Antibiotics Market, By Drug Type (Aminoglycosides, ß-Lactam Antibiotics, Chloramphenicol, Fluoroquinolones, Glycopeptides, Lincosamides, Macrolides, Polymixins, Tetracyclines, and Others), By Dosage Form (Powder, Solutions, Injections, and Others), By Animal Type (Companion and Livestock), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Nov 2024
Code : CMI2324
Pages :165
Formats :
Excel and PDF
Industry : Pharmaceutical

Key Takeaways from Analyst

Rising meat consumption globally can boost demand for veterinary drugs to keep livestock healthy. As people’s diets shift to include more meat, poultry and seafood, producers will need to rely more on antibiotics to prevent diseases spreading among animals in intensive farming operations.

Demand for antibiotics is likely to increase but government regulations around antibiotic residue in meat and concerns about antibiotic resistance can hamper the market growth. Regulators are imposing stricter limits on antibiotic use in animals to prevent residues entering the human food supply.

North America currently dominates the market due to stringent regulations around antibiotic usage in livestock. However, Asia Pacific is poised to become the fastest growing region with China and India leading antibiotics consumption.