Press release
Animal Disinfectants Industry - Key Market Dynamics and Trends
The animal disinfectants market size has grown strongly in recent years. It will grow from $3.34 billion in 2023 to $3.65 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to biosecurity measures in agriculture, regulatory compliance in animal farming, outbreaks of animal diseases, increased intensive farming practices, growing demand for animal protein products.The animal disinfectants market size is expected to see strong growth in the next few years. It will grow to $4.98 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to emergence of new animal diseases, rising adoption of organic and natural disinfectants, government initiatives for animal health, expansion of companion animal markets, climate change and disease dynamics. Major trends in the forecast period include sustainable and eco-friendly formulations, integration of technology for disinfection monitoring, foot-and-mouth disease (fmd) control, disinfectant technologies, integration of digital solutions in animal farming.
Market Overview -
Animal disinfectants refer to nonselective, anti-infective agents applied topically used for the process of cleaning, sanitizing, and disinfecting animal premises, equipment, and vehicles that may cause diseases. It is commonly used to prevent the spread of infectious diseases among animals and maintain a healthy environment for them.
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The Crucial Role Of Animal Disinfectants In Curbing The Rising Tide Of Animal Diseases
The rise in incidences of animal diseases is expected to propel the growth of the animal disinfectant market going forward. Animal disease refers to any illness or disorder that affects animals, including livestock, pets, and wildlife. The rise in incidences of animal diseases is mostly driven by inadequate nutrition, hygiene, climate change, changes in land use, urbanization, and the destruction of natural habitats, where animal disinfectants help to prevent and control the spread of diseases in animal populations. For instance, in July 2022, according to the World Health Organization (WHO), a specialized agency of the United Nations, there had been a significant rise of approximately 63% in the number of animal diseases in the African region in the decade from 2012-2022, compared to the previous decade. Therefore, a rise in incidences of animal diseases will fuel the growth of the animal disinfectant market.
Competitive Landscape -
Major companies operating in the animal disinfectants market report are Neogen Corporation, GEA Group AG, Zoetis Inc., Lanxess AG, CID Lines NV, DeLaval Group, Evans Vanodine International plc, Kersia Group, Theseo Group, Kemin Industries Inc., Albert Kerbl GmbH, Diversey Holdings Ltd., Sunways Bioscience Ltd., Sanosil AG, Fink Tech GmbH, 3M Company, Johnson & Johnson Services Inc., Reckitt Benckiser Group plc, Bio-Cide International Inc., Cardinal Health Inc., Steris Corporation, Novartis AG, American Biotech Labs LLC, Cintas Corporation, Medline Industries Inc., Owens & Minor Inc., Spartan Chemical Company, Custom Chemical Services LLC, Polymer Group Inc., Abbott Laboratories, VWR International LLC
The Evolving Landscape Of Animal Disinfectants Fueled By Innovative Offerings
Product Innovation has emerged as a key trend gaining popularity in the animal disinfectants market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in November 2020, Neogen Corporation, a US-based company, specializing in animal safety products, launched a new antibacterial soap product called COMPANION FOAMING Antibacterial Soap. The product is a premium quality soap that is designed to effectively kill harmful bacteria and viruses on the skin. The product is unique as it is formulated with benzalkonium chloride, a powerful antibacterial agent that is effective against a wide range of microorganisms. and it helps to reduce the spread of diseases in animals.
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Key Segments -
The animal disinfectants market covered in this report is segmented -
1) By Type: Iodine, Lactic Acid, Hydrogen Peroxide, Phenolic Acid, Quaternary Compounds, Chlorine, Other Types
2) By Chemical Type: Quaternary Ammonium Chloride Salts, Hydrogen Dioxide And Pyreoxiacetic Acid, Hypochlorites And Halogens, Other Chemical Types
3) By Form: Liquid, Powder
4) By Application: Poultry, Swine, Dairy And Ruminants, Equine, Aquaculture, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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