Animal Healthcare Product Spending On The Rise
Summary By: Faunalytics | Published: December 1, 2011
Estimated Reading Time: < 1 minute
In 2010 spending for disease preventing animal drugs rose 8%, with much of this increase being used by factory farming.
Spending on drugs for disease prevention for animals increased by 8% between 2009 and 2010 in the U.S. Much of this increase may be due to pharmaceutical use in factory farming.
There are three product areas in which drugs to prevent or treat disease are used, and all saw an increase between 2009 and 2010. The highest increases were seen with feed additives (10% increase) and pharmaceuticals (9% increase), followed by biologics (e.g. vaccines) with a 5% increase in sales. In total, $6.9 billion was spent on drugs for animals in 2010.
External Link:
https://www.ahi.org/archives/2011/11/2010-annual-sales/
https://www.ahi.org/archives/2011/11/2010-annual-sales/

Meet the Author: Faunalytics
Faunalytics is a nonprofit research organization dedicated to helping animals by providing useful information to advocates to help them increase their impact.
Citations:
2010 Annual Sales. (2011, November 16). Retrieved from https://www.ahi.org/archives/2011/11/2010-annual-sales/