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Animal Disinfectants Market is estimated to reach USD 4.8 Billion in 2029, registering 6.9% CAGR during 2022-2029 | Size, Share, Trends & Analysis

11-15-2022 12:15 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Gmi Research

Animal Disinfectants Market

Animal Disinfectants Market

Animal Disinfectants Market was valued at USD 2.8 billion in 2021 and is slated to register a CAGR of 6.9% over the forecast period, and is projected to reach USD 4.8 billion in 2029.

For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/animal-disinfectants-market/

The factors driving the growth of Animal Disinfectants Market includes growing demand for meat products around the world, increasing incidences of livestock diseases, rising consumers preference for biological disinfectants and improvements in the living standards. According to the report published by Statista, the revenue generated from the sales of meat products across India is estimated to reach USD 28.21 billion by the end of 2022, growing at a CAGR of 11.34% over the forecast period (2022-2027), which will accelerate the Animal Disinfectants Market size in the approaching years. Moreover, growing prevalence of infectious diseases such as avian influenza and foot and mouth, rising adoption of integrated pest management (IPM) solutions, increasing number of commercial livestock farms and rapid urbanization, are some of the additional factors supplementing the Animal Disinfectants Market share. In addition, the increasing investments by major corporations on research and development, strategic mergers, and acquisitions between key companies, growing disposable incomes and rising population growth rates, are further contributing towards the market growth

However, growth of the Animal Disinfectants Market is hindered due to high cost of developing disinfectant products.

The leading players operating in the market are Evans Vanodine International PLC, Krka, Diversey, Inc, Neogen Corporation, GEA, Lanxess AG, Zoetis, Fink Tec GmbH, Virox Animal Health and DeLaval Inc., among others.

Based on Type, the Iodine segment is predicted to capture the largest market share during the forecast period

Increasing use of iodine in animal health and food processing infectants, is propelling growth of the segment.

Based on Form, the Liquid segment is projected to grow at a significant CAGR during the forecast period

Increasing application of liquid animal disinfectants in footbaths, foot dips and foam-based sprays, is pushing growth of the segment.

Based on Region, the Asia-Pacific region is anticipated to expand at a remarkable CAGR over the forecast period

Increase in the livestock population across India, China, and Indonesia, rising prevalence of infectious diseases such as avian influenza and Africa fever, rapid urbanization, growing per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.

Key Developments

In Mar 2020, Zoetis decided to expand its footprint in the areas of biosecurity, vaccination, and automation in India. The company focuses on poultry biologicals and disinfectants' portfolio to provide enhanced biosecurity to poultry farms.

Market Segmentation

Segmentation by Type

Iodine
Lactic Acid
Hydrogen Peroxide
Phenolic Acid
Peracetic Acid
Quaternary Compounds
Chlorine
Chlorine Dioxide
Chlorohexidine
Glut-Quat Mixes
Glycolic Acid
Others

Segmentation by Form

Powder
Liquid

Segmentation by Application

Swine
Terminal biosecurity
Surface disinfection housing
Equipment
Water lines
Aerial disinfection
Continuous biosecurity
Hand sanitation
Footbaths
Drinking water
Vehicle
Poultry
Terminal biosecurity
Surface disinfection housing
Equipment
Water lines
Aerial disinfection
Continuous biosecurity
Hand sanitation
Footbaths
Drinking water
Vehicle
Equine
Terminal biosecurity
Surface disinfection housing
Equipment
Water lines
Aerial disinfection
Continuous biosecurity
Hand sanitation
Footbaths
Drinking water
Vehicle
Dairy & ruminant
Teat dips
Hoof care
Dairy cleaning
CIP
Pipelines
Bulk tanks
Milking systems
Aquaculture
Surface disinfection
Continuous disinfection

Segmentation by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/

Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland

GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.

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