The global Animal Disinfectants market gathered revenue around USD 2.9 Billion in 2020 and market is set to grow USD 6.2 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 8.1% during the prediction period 2021 to 2027.
Overview of Animal Disinfectants Market Study
Animal Disinfectants market study conducted by Nova One Advisor is intended at helping stakeholders get a comprehensive overview of potential challenges and undiscovered opportunities. The report offers exclusive insights to help companies and their customers to make informed decision to sustain growth through the assessment period.
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The market has a promising growth potential due to plethora of factors, including the rising number of reported zoonotic diseases, increasing cases of cross-contamination from animals to humans, growing focus of policy-makers and regulatory authorities on the hygiene and sanitation aspects of animal food production and technological advancements in the optimized utilization of animal disinfectant products.
Driver: Growth in livestock production driving the usage of animal hygiene products
Global livestock production has witnessed an increase over the years. According to the US Department of Agriculture, the global production of beef & veal products registered a volume of 61.54 million tons as of April 2021. The increasing demand for meat and animal products to feed the growing human population has resulted in changes in farming practices. The move to intensive farming and the increase in stocking densities have resulted in more diseases, and consequently, greater financial losses for the farmers. The robust demand for animal-based food products has necessitated efficient biosecurity and hygienic practices thus promoting the sales of animal disinfectant products.
Globally, livestock production remains critical to human nutrition and health. Animals play pivotal roles in society by providing a source of income and food. However, the presence of endemic and emerging diseases jeopardizes their contributions. The growing emphasis towards disease prevention across key livestock markets has facilitated the utilization of disinfectants and other biosecurity products. Animal disinfectants, among other biosecurity measures, are crucial in maintaining livestock health and productivity.
Restraint: High entry barriers for players
The high costs associated with the development and registration of animal disinfectant products can result in small to medium-scale companies losing out to larger players. Another barrier for smaller players entering the market is the dynamic nature of the market itself, which has recently witnessed prominent players intensively seeking to consolidate their position through inorganic growth attempts such as acquiring smaller market players. New companies showing disruptive potential become the key targets for acquisitions by larger players such as Neogen Corp. and CID Lines.
Prominent players in the market are intensively seeking to increase their market share with the combination of inorganic and organic growth trajectories with former holding precedence in the form of growing number of acquisitions witnessed in recent years. The regulatory framework in the developed markets of North America and Western Europe is very stringent, with growing focus on good hygiene practices (GHP) which are cost-intensive thereby hindering the entry of small to medium-scale enterprises.
Opportunity: Increase in consumer preference for biological disinfectants
The demand for biological disinfectants is expected to increase over the forecast period on account of the rising consumer inclination toward non-toxic disinfectants coupled with the rising livestock production across the globe. Biological disinfectants do not leave any form of residue while retaining the benefits of chemical disinfectants, including a broad-spectrum mode of action. However, the cost considerations and accessibility are the two important aspects that need to be addressed for the full-fledged growth of biological disinfectants.
Challenge: Low usage due to lack of awareness about standard operating procedures
Lack of awareness about various practices related to the application of animal disinfectants in agricultural settings is the major challenge witnessed in the animal disinfectants market. The terminal disinfection procedure is a key procedure that needs to be followed annually in farms that are in continual usage. However, it is well-established reality that many commercial farms pertaining to animal husbandry; dairy, swine, and poultry in particular adapt sub-optimized cleaning and disinfection procedures that leave them at a higher risk of contamination and subsequent zoonotic diseases. Regulatory framework in some of the emerging markets has also lacked in establishing adequate checks and balances that can ensure effective cleaning and disinfection.
On the basis of type, the iodine-based disinfectant is projected to be the largest segment during the forecast period
Iodine-based disinfectant are known for their sporicidal effect along with restricting bacterial, fungal and viral growth in livestock farms. Iodophors are popular disinfectants developed by the combination of iodine and various other carrier compounds, as well as stabilizing agents such as Globaline, which is composed of tetraglycine hydroperiodide, sodium acid pyrophosphate, and talc.
On the basis of application, dairy cleaning segment is expected to retain its dominance in the foreseeable period
Dairy cleaning is a terminal biosecurity measure, which is carried out at regular intervals. Due to the cost factor for larger cattle herds, the use of dairy cleaning has a greater significance in the developed markets. Countries in regions such as Europe and North America maintain large-scale farms and dairy farms required to maintain proper dairy cleaning measures to ensure the efficacy of the livestock and the equipment.
On the basis of form, liquid animal disinfectants are projected to witness the highest growth in the market
The liquid form of animal disinfectant is estimated to hold a market size of USD 2,458.7 million in 2020. The liquid form of animal disinfectants is mainly used in various applications on account of various features such as soluble nature and easy availability. Liquid animal disinfectants are highly effective against different types of virulent organisms. The future growth trajectory of liquid form of animal disinfectants is promising on account of ease of application, as it can be mixed easily to form a uniform solution.
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COVID-19 Impact on Animal Disinfectants Sales
Businesses today are operating in a dynamic environment. Earlier focus primarily concentrated on keeping pace with changing consumer preferences. COVID-19 outbreak was unprecedented and exposed vulnerabilities of various industries. Pandemic-induces obstacles also were registered in the Animal Disinfectants market.
Sales plummeted as COVID-19 gradually tightened its noose worldwide. Supply-chain disruptions caused massive losses, while demand took nose-dive as consumers remained indoors with affected countries implementing either partial or complete lockdown.
Gradual recovery however is on the cards with the roll out of vaccinations. Nonetheless, consecutive waves of the virus compelled businesses to stay prepared for the worst. As government and healthcare organizations successfully implement steps to contain the spread of COVID-19, industries have begun operations, albeit at a slow and more cautious pace.
Against this backdrop, Nova one advisor’s study predicts gradual recovery for the Animal Disinfectants market 2021 onwards. This trend will however continue through the course of the report’s assessment period
This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Animal Disinfectants market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the Animal Disinfectants market include:
Neogen Corporation (US), GEA (Germany), Lanxess AG (Germany), Zoetis (US), Kersia Group (France), CID Lines (Belgium), Albert Kerbl GmbH (Germany), PCC Group (Germany), Laboratoires Ceetel- CMPC (France), G SheperdAnimal Health (UK), Sanosil AG (Switzerland), DeLaval Inc. (Sweden), Diversey Holdings Ltd. (US), Laboratoire M2 (Canada), Fink Tec GmbH (Germany), Evans Vanodine International PLC (UK), Virox Animal Health (Canada), Theseo Group (France), Kemin Industries (US), and Shandong Daming Disinfection Technology Co. Ltd. (China).
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
On the basis of type, the animal disinfectant market
- Lactic Acid
- Hydrogen Peroxide
- Phenolic Acid
- Peracetic Acid
- Quaternary Compounds
- Chlorine Dioxide
- Glut-Quat Mixes
- Glycolic Acid
- Other Types
On the basis of application, the animal disinfectant market
- Dairy Cleaning
- Dairy Ruminant
On the basis of form, the animal disinfectant market
Why Buy this Report?
The purpose of Nova one advisor’s Animal Disinfectants market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
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