Veterinary Antibiotics Market Analysis, Outlook, Opportunities, Size, Share Forecast and Supply Demand
Animal
antibiotics have accounted for a significant portion of the animal health
industry in recent years, owing to the growing need to treat, control, or
prevent diseases in animals. These are also used as growth promoters and are
essential for keeping animals healthy. Antibiotics are antibacterial compounds
that prevent infection in livestock and companion animals by acting directly on
bacteria.
Concerns
about antibiotic resistance in humans, combined with rising demand for milk,
eggs, and meat, are influencing the global veterinary antibiotic market. One of
the major factors driving for veterinary
antibiotics market in both livestock and companion animals is the
rising prevalence of zoonotic disease around the world.
However,
due to the negative effects of long-term antibiotic use, such as antibiotic
resistance, many farm and pet owners, with the help of veterinary healthcare
activists, are turning to vaccines. In addition, the FDA's strict regulations
on veterinarians' use of prescribed antibiotics are currently impeding the
market for veterinary antibiotics. In the long run, however, regulations
imposed by the US FDA are expected to keep the demand for these antibiotics in
check.
The
growth of the veterinary antibiotics market is being stifled by rising
antibiotic resistance among food-producing animals, as well as regulatory
restrictions on their use. In addition, the availability of competitive
replacement products such as vaccines and probiotics is limiting the use of
antibiotics in large-scale animal treatment.
Rising
awareness of the zoonotic disease, increasing incidence of disease outbreaks in
animals, increasing demand for animal-derived food products, implementation of
stringent regulations to prevent animal diseases, and increasing animal
population and pet adoption are expected to drive the global market for
veterinary antibiotics. In addition, the growing demand for pet health
insurance, combined with rising healthcare costs, is driving up the global
demand for veterinary antibiotics.
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