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Animal Disinfectants Global Market Report 2024 Market Size, Analysis, Trends Strategies By 2024-2033
Animal Disinfectants Global Market Report
According to The Business Research Company's, 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.
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Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
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
Animal Disinfectants Market 2024 Key Insights:
• The animal disinfectants market will grow to $4.98 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
• The Crucial Role Of Animal Disinfectants In Curbing The Rising Tide Of Animal Diseases
• The Evolving Landscape Of Animal Disinfectants Fueled By Innovative Offerings
• Asia-Pacific was the largest region in the animal disinfectants market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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