Animal disinfectants for the pet and farm markets
The global pet and farm animal disinfectant market is set to grow rapidly, reaching a staggering valuation of approximately USD 7.3 billion by 2033, with an impressive average annual growth rate, according to the latest research by Future Market Insights (CAGR). 7.7%. The market is expected to be on an upward trajectory based on a valuation of USD 3.5 billion by the end of 2023.
This significant growth is underlined by a recent report showing the superiority of iodine-based disinfectants, which are projected to capture an estimated share of around 52.4% in the global market by the end of 2023. The growing adoption of these disinfectants emphasizes their effectiveness and reliability. Maintaining a safe and sanitary environment for pets and farms, significantly driving market growth.
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The anticipated expansion of the animal disinfectant market is due to increasing awareness among pet owners and farm managers regarding the importance of strict hygiene practices. This trend is coupled with the increasing importance of animal welfare and biosecurity measures in veterinary and agricultural settings.
Key industry participants are working with animal facilities to develop unique methods for cleaning and disinfecting animals. This is expected to accelerate the growth of the pet and farm animal disinfectant market in the coming years. Additionally, various governments are currently actively focusing on increasing awareness regarding animal products, which is anticipated to drive the growth of the animal disinfectant market over the forecast period. The World Veterinary Association recently published the world's first list of necessary veterinary medicines for cattle on January 25, 2021. This list includes efficient and cost-effective basic medicines and vaccinations that are accessible to all veterinarians in all countries.
Important points:
Animal disinfection products are being actively launched by leading market participants. This factor is anticipated to drive the market expansion during the forecast period. To prevent the spread of diseases to both humans and animals, major market participants are disinfecting veterinary equipment, the hands of veterinary hospital medical staff, and other surfaces.
The global expansion of the veterinary industry is driven by an increase in the number of pet owners, accelerated adoption of pet insurance, humanization of pets in growing urban populations around the world, and increased awareness on social media of the need for animal welfare. It is believed that this is due to the increase in
Two important advances in the treatment center market include the use of big data in veterinary care to efficiently identify and analyze potential diseases and wearables to monitor pet health. Wearables provide data to owners, farmers, and veterinarians about body temperature, heart rate, breathing rate, pH levels, and other vital signs.
Among the various veterinary laboratories, very few tests are efficiently performed in chemistry, pathology, endocrinology, serology, hematology, and microbiology. Two of the newest diagnostic technologies used in veterinary laboratories are DNA testing and protein testing.
Livestock numbers are on the rise worldwide. Livestock and poultry numbers increased significantly in the years leading up to 2021. This trend is particularly prevalent in developing countries such as China, India, and Brazil.
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Competitive environment:
The UK veterinary healthcare market has changed rapidly in recent years due to significant advances in biotechnology, artificial intelligence, genomics, cloud computing and big data technologies. This has led to competition between large animal drug companies and partnerships with cutting-edge startups.
There have been numerous mergers and acquisitions in the industry in recent years, which are expected to make the market more competitive. Powerful CEOs of prominent companies prioritize commercialization, new product launches, and strategic alliances for company growth. Additionally, many companies invest heavily in research in order to develop unique products and increase revenue.
Further insights into animal disinfectants for the pet and farm markets:
North America region is expected to dominate the global animal disinfectants market for pets and farms. The United States is expected to account for around 23.5% of the total market by 2023 and is expected to continue with similar growth throughout the forecast period.
Key market players:
- Neogen Co., Ltd.
- GEA,
- LANXESS AG,
- Zoetis
- Kelsia Group,
- CID line,
- Albert Koerbl GmbH,
- PCC Group,
- Laboratoires Ceetel- CMPC,
- G Shepherd Animal Health;
- Sanosil AG
Industry research of key market segments covered for pet and farm animal disinfectants:
product:
- Iodine
- lactic acid
- hydrogen peroxide
- phenolic acid
- Peracetic acid
- quaternary compound
- chlorine
- chlorine dioxide
- Chlorhexidine
- Glut-Quat mix
- glycolic acid
- others
application:
- Dairy cleaning
- pig
- poultry
- Horse
- dairy ruminants
- aquaculture
shape:
region:
- North America
- latin america
- Europe
- south asia
- east asia
- Oceania
- Middle East and Africa (MEA)
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR Certified, Stevie Award Winner, Greater New York Chamber of Commerce Member) provides deep insight into the drivers driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting, and events for the packaging, food and beverage, consumer technology, healthcare, industrial, and chemical markets. With a large team of over 5,000 analysts located around the world, FMI provides global, regional and local expertise on diverse sectors and industry trends in over 110 countries.
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