Press release
Cattle Disinfectants Global Market Projected to Experience a Growth Rate of 4.0% CAGR, Reaching over $2.5 Billion By 2028 | Solvay SA, Lanxess AG, Zoetis Inc., GEA Group AG, Kersia Group
"The new report published by The Business Research Company, titled Cattle Disinfectants Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the cattle disinfectants market size has grown steadily in recent years. It will grow from $2.05 billion in 2023 to $2.14 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The cattle disinfectants market size is expected to see steady growth in the next few years. It will grow to $2.5 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%.
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Surge In Cattle Diseases Spurs Growth In The Cattle Disinfectants Market
A rise in the incidence of cattle diseases is expected to propel the growth of the cattle disinfectants market going forward. Cattle diseases refer to illnesses or health conditions that can affect cattle. These diseases can be caused by various pathogens, such as bacteria, viruses, parasites, or fungi. Cattle disinfectants collectively reduce the potential for the introduction or spread of cattle disease-causing organisms and prevent the spread of diseases among themselves. For instance, in March 2022, according to the Department for Environment, Food, and Rural Affairs, a United Kingdom-based government department, there were 665 new cattle bovine tuberculosis (TB) cases reported in Wales, this is an 8.5% increase from the previous year when there were 613 new incidents in 2021. As a result, in December 2021, 10,641 cattle were slaughtered due to bovine TB control. Therefore, the rise in the incidence of cattle diseases is driving the growth of the cattle disinfectants market.
Cattle Disinfectants Market Driven By Innovations Neogen Introduces Synergize Disinfectant
Product innovation is a key trend gaining popularity in the cattle disinfectants market. Companies operating in the cattle disinfectants market are working on new product innovations to sustain their position in the market. In November 2022, Neogen Corporation, a US-based food and animal safety company, launched Synergize disinfectant in the Middle East, Europe, and Africa. Synergize disinfection is a multi-purpose disinfectant containing quaternary ammonium and glutaraldehyde that is non-corrosive to hard surfaces and kills Gram-negative and Gram-positive bacteria, fungi, spores, and viruses. It may be used in boot baths or soaking tubs, as well as on hard and porous surfaces using a cloth, sponge, mop, or mechanical sprayer. Governments all around the world, including Health Canada, the US Environmental Protection Agency, and now the UK Department for Environmental, Food, and Rural Affairs for General Orders, Diseases of Poultry, and Foot and Mouth Disease, have authorized the disinfectant.
The cattle disinfectants market covered in this report is segmented -
1) By Product: Calcium Hypochlorite, Sodium Hypochlorite, Polymeric Biguanide, Formaldehyde, Glutaraldehyde, Hydrogen Peroxide, Other Products
2) By Form: Liquid, Powder
3) By Target Animal: Domestic Animals, Livestock, Aquatic
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Major companies operating in the cattle disinfectants market report are The Dow Chemical Company, Boehringer Ingelheim International GmbH, Evonik Industries AG, Solvay SA, Lanxess AG, Zoetis Inc., Merck Animal Health, GEA Group AG, Diversey Holdings Ltd., Krka d. d. Novo mesto, Ceva Sante Animale Group, PCC SE, Virbac Corporation, Kemin Industries Inc., Neogen Corporation, DeLaval Pvt Ltd., PROQUIMIA S.A., CID Lines NV, Kersia Group, Evans Vanodine International PLC, Albert Kerbl GmbH, Sullivan Supply Inc., Virox Technologies Inc., BioSafe Systems LLC, Durvet Inc., Fink Tec GmbH, Bio-Cide International Inc., G Shepherd Animal Health Ltd., Laboratoire M2 Inc., pulsFOG Dr. Stahl & Sohn GmbH
Contents of the report:
1. Executive Summary
2. Cattle Disinfectants Market Report Structure
3. Cattle Disinfectants Market Trends And Strategies
4. Cattle Disinfectants Market - Macro Economic Scenario
5. Cattle Disinfectants Market Size And Growth
…..
27. Cattle Disinfectants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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