What’s The Growth Forecast For Cattle Disinfectants Market Through 2023-2032?
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Cattle farming is a significant sector in agriculture, and ensuring the health and hygiene of cattle is crucial for its sustainability. This blog explores the trends and factors shaping the cattle disinfectants market.
Cattle Disinfectants Market Growth and Projections
The global cattle disinfectants market is on the rise, with substantial growth projected. In 2022, the market was valued at $1.96 billion, and it is expected to reach $2.05 billion in 2023, representing a Compound Annual Growth Rate (CAGR) of 4.6%. Looking ahead to 2027, the market size is anticipated to grow to $2.39 billion at a CAGR of 3.9%.
Cattle Diseases and Market Growth
The incidence of cattle diseases is a significant driver of the cattle disinfectants market. Cattle can suffer from various diseases caused by pathogens like bacteria, viruses, parasites, or fungi. Cattle disinfectants play a vital role in reducing the risk of disease transmission among cattle. For example, recent data from the UK shows an 8.5% increase in cattle bovine tuberculosis (TB) cases in 2022 compared to the previous year, leading to the slaughter of 10,641 cattle for disease control.
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Product Innovation in the Market
One prominent trend in the cattle disinfectants market is product innovation. Companies in this industry are continually developing new products to maintain their market position. An example of this is Merck Animal Health’s launch of Armatrex in April 2020, an antimicrobial solution that acts as a barrier against bacteria, fungi, mold, and algae in livestock and companion animal environments.
Cattle Disinfectants Market Key Market Players
Several major players are active in the cattle disinfectants market. Some of the prominent companies include The Dow Chemical Company, Boehringer Ingelheim International GmbH, Solvay SA, Zoetis Inc., Merck Animal Health, and many more.
Cattle Disinfectants Market Segmentation
The global cattle disinfectants market can be categorized based on different factors:
- Product: Various types of disinfectants, including calcium hypochlorite, sodium hypochlorite, polymeric biguanide, formaldehyde, glutaraldehyde, hydrogen peroxide, and other products.
- Form: These disinfectants can be in the form of liquids or powders.
- Target Animal: The market serves domestic animals, livestock, and aquatic creatures.
Which was the largest region in the cattle disinfectants market?
North America was the largest region in the cattle disinfectants market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cattle disinfectants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the cattle disinfectants market prominent players?
Major players in the cattle disinfectants market are The Dow Chemical Company, Boehringer Ingelheim International GmbH, Evonik Industries AG, Solvay SA, Lanxess AG, Zoetis Inc., Merck Animal Health, GEA Group AG, Diversey Holdings Ltd., Krka d. d. Novo mesto, Ceva Sante Animale Group, PCC SE, Virbac Corporation, Kemin Industries Inc., Neogen Corporation, DeLaval Pvt Ltd., PROQUIMIA S.A., CID Lines NV, Kersia Group, Evans Vanodine International PLC, Albert Kerbl GmbH, Sullivan Supply Inc., Virox Technologies Inc., BioSafe Systems LLC, Durvet Inc., Fink Tec GmbH, Bio-Cide International Inc., G Shepherd Animal Health Ltd., Laboratoire M2 Inc., and pulsFOG Dr. Stahl & Sohn GmbH.
Key cattle disinfectants market segments
The global cattle disinfectants market is segmented –
1) By Product: Calcium Hypochlorite, Sodium Hypochlorite, Polymeric Biguanide, Formaldehyde, Glutaraldehyde, Hydrogen Peroxide, Other Products
2) By Form: Liquid, Powder
3) By Target Animal: Domestic Animals, Livestock, Aquatic
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