Veterinary Disinfectant for Pets and Farms Market Forecast 2022 | Size, Share, Growth & Forecast |Future Market Insights
In 2022, the global market for a veterinary disinfectant for pets and farms market is expected to be worth USD 3.2 billion. It is expected to reach USD 4.6 billion by 2027, with a compound annual growth rate (CAGR) of 7.6% over the forecast period. Manufacturers are constantly adopting innovative processing procedures to provide low-risk disinfectants with high disinfection quality, focused on catering to the growing demand from the meat product business and consumers. In addition, the veterinary disinfectant for pets and farms market share is expected to develop as more emphasis is placed on the expansion of facilities, marketing schemes, and information exchange programs to raise awareness and improve the usage of animal disinfectants. The veterinary disinfectant for pets and farms market is being driven by the increased incidence of infectious diseases in animals. Furthermore, the market for animal disinfectants is predicted to rise as more emphasis is placed on the development of sustainable animal disinfectants. Infectious diseases like avian influenza, African swine fever, brucellosis, East Coast fever, African animal trypanosomiasis, and others are posing a severe threat to livestock farmers all over the world. Animal disinfectants are commonly used in animal care and breeding facilities such as livestock farms and veterinary animal clinics to minimize the spread of such highly infectious disorders.
The livestock industry is changing as a result of the ever-increasing demand for animal products around the world, particularly in emerging countries. Livestock is one of the quickest agricultural sub-sectors in developing countries leading to a high veterinary disinfectant for pets and farms market adoption. On a global scale, the COVID-19 shutdown had a huge impact, and it was especially noticeable in key animal disinfectant consumer industries. The demand for veterinary disinfectants geared at the livestock industry has remained strong, with companies like Lanxess running at virtually full capacity in both disinfectant and water treatment production facilities. However, supply-chain issues in crucial growing markets, particularly Mexico and Central America, temporarily harmed the sales of veterinary disinfectants for pets and farms. The last mile connectivity to small and medium-scale livestock farms has suffered a setback due to distribution channel inadequacies. Biological disinfectant for veterinary use is becoming more popular among consumers. Farmers are avoiding synthetic formulations because of consumer perceptions of their toxicity and instead opting for biological alternatives.
A crucial factor projected to drive demand for veterinary disinfectant for pets and farms is a recent change in regulatory requirements in developed markets, particularly the designation of formaldehyde as a potential carcinogen. Biological disinfectants do not leave any residue and have all of the advantages of chemical disinfectants, such as a broad-spectrum mode of action. However, economic considerations and accessibility are two critical elements that must be addressed before veterinary disinfectant products may reach their full potential.
Request Sample PDF Brochure:
- The sporicidal action of iodine-based disinfectants, as well as their ability to limit bacterial, fungal, and viral growth in livestock farms, are expected to drive significant veterinary disinfectant for pets and farms market growth.
- The liquid veterinary disinfectant for pets and farms market is anticipated to be valued at USD 3,026.8 million in 2021. Veterinary disinfectant spray and veterinary disinfectant products in liquid form have a promising future growth trajectory due to their ease of application, as they can easily be combined to generate a homogenous solution.
- Animal decontaminant sales are predicted to expand at the fastest rate in Asia-Pacific. Demand for animal-based food products is supported by expanding urbanization and rising income levels, leading consumers to seek animal-based protein sources.
- The key type of common disinfectants used that are predicted to gain the most market revenue and share over the projection period is the iodine segment, with a CAGR of 8.2 percent.
“COVID-19 has had an impact on the veterinary disinfectant for pets and farms market, but it has had no substantial impact on their animal disinfection solution’s global operations and supply chain. Several player manufacturing plants are still operational. Weakened distribution routes in Central America and the Asia Pacific spurred significant firms to establish new distribution networks by partnering with locally prominent agrochemicals distributors and suppliers.”
The key market players include Kersia Group, Lanxess AG, GEA, Zoetis, CID Lines, and Neogen Corporation. The top players used a variety of strategies to stay competitive in the disinfectant for veterinary clinics and industry, including expansions, mergers and acquisitions, and new product introductions.
- New Qumica S.L. was acquired by the Stockmerire company in January 2022. New Qumica S.L. is a company that specializes in the storage, sale, and distribution of chemicals. The Stockmerire Group will benefit from this acquisition as it expands its geographic footprint.
- Jurox, a privately held animal health firm that develops, produces, and markets a comprehensive range of veterinary disinfectant products and pharmaceuticals for treating companion animals and cattle, was bought by Zoetis in August 2021.
- Bioarmor, which makes enzyme-based hygiene products for cleaning and disinfecting buildings, equipment, and animal water, as well as environmental solutions for pig, poultry, ruminant, and horse farms, was bought by Kersia in May 2021.
Key Market Segments
- Lactic Acid
- Hydrogen Peroxide
- Phenolic Acid
- Peracetic Acid
- Quaternary Compounds
- Chlorine Dioxide
- Glut-Quat Mixes
- Glycolic Acid
- Dairy Cleaning
- Dairy Ruminant
- North America
- Latin America
- Asia Pacific
- South Korea
- Middle East and Africa
- GCG Countries
- South Africa
Ask for Customization:
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
188.8.131.52. Mid-Level Participants (Traders/ Agents/ Brokers)
184.108.40.206. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
- Global Veterinary Disinfectant for Pets and Farms Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (KT) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (KT) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
Inquire Before Buying This Research Report:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
For Sales Enquiries: firstname.lastname@example.org