Global Veterinary Antibiotics Market Analysis 2023: Size, Share, And Key Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Veterinary Antibiotics Global Market Report 2023, the veterinary antibiotics market is expected to show significant growth in the forecast period.
- The veterinary antibiotics market is witnessing substantial growth due to the increase in zoonotic diseases.
- Zoonotic diseases are infections that transmit between animals and humans, often through the food chain.
- Common pathogens like salmonella and campylobacter, present in animals’ intestines, pose a threat to both animal and human health.
- A FoodNet study reported 24,484 foodborne illnesses, 5,677 hospitalizations, and 122 deaths caused by zoonotic diseases, emphasizing the urgent need for early diagnosis in animals.
- Zoonotic Diseases: A Threat to Human Health
- Zoonotic diseases, including campylobacter, salmonella, and shigella, are a potential threat to human health.
- In the USA, these infectious diseases exhibit the highest incidences per 100,000 people.
- The transfer of these diseases through the food chain underscores the critical role of veterinary antibiotics in safeguarding public health.
- Early diagnosis in animals is essential to prevent the spread of zoonotic diseases, making veterinary antibiotics a crucial component in the fight against these infections.
- Industry Leaders and Collaborative Initiatives
- Major players in the veterinary antibiotics market, such as Bayer AG, Eli Lilly Company, and Zoetis, play a pivotal role in advancing the industry.
- An emerging trend is the increasing collaboration between companies, offering a platform to combine technologies and diversify product ranges.
- Collaborations enhance the quality and speed of antibiotic production, providing a more comprehensive solution to combat veterinary infections.
- In a recent collaboration, GlobalVetLink partnered with Veterinary Innovative Partners to install the GlobalVetLink Compliance Assistant, streamlining animal health processes through a comprehensive SaaS platform.
- Market Segmentation: Tailored Solutions for Diverse Needs
- The veterinary antibiotics market is strategically segmented to cater to diverse products, end-users, and administration methods.
- By Product:
- Anti-Parasitic
- Anti-Bacterial
- Non-Steroidal Anti-Inflammatory Drug
- Other Products
- By End User:
- Farm Animals
- Companion Animals
- By Administration:
- Premixes
- Injections
- Oral Powders
- Oral Solutions
- Other Administration
- Regional Dynamics: North America Takes the Lead
- In 2022, North America emerged as the largest region in the veterinary antibiotics market.
- The region’s leadership reflects its proactive approach to animal health, with a focus on preventing and controlling zoonotic diseases.
- As the industry continues to evolve, North America sets the pace in addressing the growing demand for veterinary antibiotics.
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The Veterinary Antibiotics Global Market Report 2023 provides an in-depth analysis on the veterinary antibiotics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the veterinary antibiotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
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