The Animal Disinfectants Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Animal Disinfectants Global Market Report 2024, 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.
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.
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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
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.
The animal disinfectants market report table of contents includes:
1. Executive Summary
2. Animal Disinfectants Market Characteristics
3. Animal Disinfectants Market Trends And Strategies
4. Animal Disinfectants Market – Macro Economic Scenario
5. Global Animal Disinfectants Market Size and Growth
….
31. Global Animal Disinfectants Market Competitive Benchmarking
32. Global Animal Disinfectants Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Animal Disinfectants Market
34. Animal Disinfectants Market Future Outlook and Potential Analysis
35. Appendix
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