Veterinary Disinfectant for Pets and Farms Market is anticipated to reach US$ 7.3 billion by the end of 2033

The global Veterinary Disinfectant for Pets and Farms Market Size is expected to be worth US$ 3.5 billion by the end of 2023, rising at a 7.7% CAGR to US$ 7.3 billion by the end of 2033. According to a recent Future Market Insights report, iodine-based disinfectants are expected to dominate the global market with a 52.4% market share in 2023.

Manufacturers are continually developing new processing methods to deliver low-risk disinfectants with high disinfection quality, in order to meet the growing demand from the meat product industry and customers. Furthermore, the Veterinary Disinfectant for Pets and Farms market share is predicted to grow as more emphasis is placed on facility expansion, marketing schemes, and information exchange programmes to boost awareness and improve animal disinfectant usage.

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The growing frequency of infectious disorders in animals is driving the Veterinary Disinfectant for Pets and Farms market. Furthermore, as more emphasis is placed on the development of sustainable animal disinfectants, the market for animal disinfectants is expected to grow. Infectious diseases such as avian influenza, African swine fever, brucellosis, East Coast fever, African animal trypanosomiasis, and others pose a significant risk to livestock farmers worldwide.To prevent the spread of such highly infectious diseases, animal disinfectants are routinely employed in animal care and breeding facilities such as livestock farms and veterinary animal clinics.

The livestock sector is transforming as a result of rising global demand for animal products, particularly in developing countries. Livestock is one of the fastest growing agricultural sub-sectors in emerging countries, resulting in a significant market adoption of Veterinary Disinfectant for Pets and Farms. On a global scale, the COVID-19 shutdown had a significant impact, particularly in critical animal disinfectant consumer industries. The market for veterinary disinfectants aimed at the livestock industry has remained strong, with companies such as Lanxess operating at nearly full capacity in both disinfectant and water treatment manufacturing plants. However, supply-chain concerns in key expanding regions, particularly Mexico and Central America, impacted sales of veterinary disinfectants for pets and farms for a time. Due to distribution channel deficiencies, last mile connectivity to small and medium-scale animal farms has experienced a setback. Consumers are getting more interested in biological disinfectants for veterinary usage. Because of consumer perceptions of toxicity, farmers are eschewing synthetic formulations in favour of biological alternatives.

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Key Takeaways

• The United States is estimated to have a total market share of around 23.5% in 2023, with this increase expected to continue throughout the projection period.
• In 2023, Germany is estimated to have a 5.8% market share in the global veterinary disinfection for pets and farms market.
• Over the forecast period, China is expected to grow at an 8.4% CAGR.
• Iodine-based disinfectants are estimated to account for 52.4% of the global market in 2023.
• The liquid category is estimated to account for approximately 63.6% of the global market in 2023.

Competitive Landscape

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.

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Key Market Segments Covered in Veterinary Disinfectant for Pets and Farms Industry Research

Product:

• Iodine
• Lactic Acid
• Hydrogen Peroxide
• Phenolic Acid
• Peracetic Acid
• Quaternary Compounds
• Chlorine
• Chlorine Dioxide
• Chlorohexidine
• Glut-Quat Mixes
• Glycolic Acid
• Others

Application:

• Dairy Cleaning
• Swine
• Poultry
• Equine
• Dairy Ruminant
• Aquaculture

Form:

• Liquid
• Powder

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

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