Animal Disinfectant Market to Surpass US$ 7477.4 Million by 2028 - Coherent Market Insights

Global Animal Disinfectant Market, By Application (Dairy Cleaning, Swine, Poultry, Equine, Dairy & Ruminants, and Aquaculture), by Form (Liquid and Powder), by Type (Iodine, Lactic Acid, and Hydrogen Peroxide) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 3866.3 million in 2021 and is expected to exhibit a CAGR of 9.8% during the forecast period (2021-2028).

Market players are involved in launching animal disinfectant products, which are expected to increase the growth of the global animal disinfectant market over the forecast period. For instance, in 2017, Neogen Corporation, a developer of products dedicated to food and animal safety, launched Companion disinfecting products that are specifically formulated for the disinfection of veterinary practices, animal care facilities, and animal laboratories. The products include, Companion cleaner-disinfectant, hand sanitizer, and disinfectant wipes.

Increasing research and development activities by the market players is expected to drive the growth of the global animal disinfectant market over the forecast period. For instance, in 2020, LANXESS announced that its two products, Virkon S & Virkon LSP, which are broad spectrum disinfectants, have been studied by the Spanish institute for agriculture, food research, and technology and the results demonstrated that the two products are effective against African Swine Fever (ASF). According to the results, the Virkon LSP achieved complete inactivation of the ASF virus at a 1:400 dilution rate with a 60 second contact time, with Virkon S killing the pathogen in just 15 seconds at a 1:100 dilution rate.

Global Animal Disinfectant Market- Impact of Coronavirus (COVID – 19) Pandemic

The coronavirus disease (COVID-19) pandemic is expected to drive growth of the global animal disinfectant market over the forecast period. COVID-19 is the recent pandemic outbreak which was first reported on December 31, 2019 in Wuhan, China. The World Health Organization declared coronavirus disease (COVID-19) as a pandemic on March 11, 2020. According to the World Health Organization (WHO) Weekly epidemiological update on COVID-19, the number of new cases and deaths continued to decrease, with over 2.6 million new cases and 57,000 new deaths reported globally till June 20, 2021.

According to the article published in the World Health Organization (WHO): 2020, WHO is considering to classify COVID-19 as a zoonotic disease. According to the scientists, animals have a huge possibility of spreading the coronavirus infection among the people which may lead to global pandemics in future. Currently, the research on the same is still going on.

 Browse 39 Market Data Tables and 27 Figures spread through 176 Pages and in-depth TOC on Global Animal Disinfectant Market, By Application (Dairy Cleaning, Swine, Poultry, Equine, Dairy & Ruminants, and Aquaculture), by Form (Liquid and Powder), by Type (Iodine, Lactic Acid, and Hydrogen Peroxide) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).

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Market players are engaged in receiving approvals from the regulatory authorities for various animal disinfectant products, which is expected to increase the growth of the animal disinfectant market over the forecast period. For instance, in 2020, Virox Animal Health, announced that Prevail Farm Disinfectant-Cleaner has been approved by the Health Canada for providing protection against African Swine Fever Virus (ASFv).

Key Takeaways of the Animal Disinfectant Market:

• The global animal disinfectant market is expected to exhibit a CAGR of 9.8% over the forecast period (2021-2028), owing to growth in potential markets, especially in Europe. While North America accounted for the major market share.
• Increasing research and development activities for studying the diseases or infections caused in the animals are expected to increase the growth of the global animal disinfectant market over the forecast period. For instance, according to the article published in the BMC Infectious Diseases Journal: 2018, in East Africa, in the year 2018, there were approximately 771 published journal articles that were written on 22 of the 36 zoonotic diseases, and 168 theses were submitted regarding 21 of the 36 zoonotic diseases. This shows that there has been increase in the awareness of zoonotic diseases. But still there are lot of studies required for addressing socio-economic threats imposed by the zoonotic diseases.
• Some of the major players operating in the global animal disinfectant market include Neogen Corporation, GEA Group AG, Lanxess AG, Zoetis Inc., Kersia Group, CID Lines, Albert Kerbl GmbH, PCC Group, Laboratoires Ceetel- CMPC, G SheperdAnimal Health, Sanosil AG, DeLaval Inc., Diversey Holdings Ltd., Laboratoire M2, Fink Tec GmbH, Evans Vanodine International PLC, Virox Animal Health, Theseo Group, Kemin Industries, and Shandong Daming Disinfection Technology Co. Ltd.