The global Veterinary Disinfectant for Pets and Farms Market size is predicted to be valued at US$ 3.5 billion by the end of 2023, and to grow at a CAGR of 7.7% to a valuation of US$ 7.3 billion by the end of 2033. According to a new analysis by Future Market Insights, iodine-based disinfectants are predicted to top the global market with a 52.4% market share in 2023.
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.
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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.
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Key Takeaways
- The United States is predicted to have a total market share of around 23.5% in 2023, and this rise is expected to continue throughout the forecast period.
- Germany is expected to have a about 5.8% market share in the worldwide veterinary disinfection for pets and farms market in 2023.
- China is expected to increase at an 8.4% CAGR over the projection period.
- In 2023, iodine-based disinfectants are expected to account for approximately 52.4% of the global market.
- In 2023, the liquid category is expected to account for around 63.6% of the global market.
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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