Veterinary Healthcare

Global Veterinary Disinfectant Market Analysis: Estimated Market Size And Growth Rate

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The veterinary disinfectant market for pets and farms has seen significant growth in recent years. With a rise from $3.10 billion in 2023 to $3.34 billion in 2024, the market is expanding at a compound annual growth rate (CAGR) of 7.7%. Here’s a closer look at what’s driving this growth and what trends are shaping the future of the market.

Factors Driving Market Growth

  • Increased Awareness of Zoonotic Diseases: Growing concern over diseases that can transfer from animals to humans has led to a heightened focus on animal hygiene and health.
  • Rise in Pet Ownership: The global increase in pet ownership has boosted demand for veterinary disinfectants, particularly in residential settings.
  • Stricter Regulations: Governments worldwide are imposing stricter regulations for animal health and welfare, necessitating more frequent and thorough disinfection practices.
  • Expansion of Commercial Farming: A surge in commercial farming activities requires robust biosecurity measures to prevent disease outbreaks.
  • Advancements in Veterinary Medicine: Technological advancements in veterinary medicine have highlighted the importance of using effective disinfectants to ensure animal health.

Future Market Projections

The veterinary disinfectant market for pets and farms is projected to grow to $4.55 billion by 2028, with a CAGR of 8.0%. Several factors are expected to contribute to this continued growth:

  • Emerging Infectious Diseases: Ongoing concerns about emerging infectious diseases are driving the demand for more effective disinfectant solutions.
  • Pet Care Industry Expansion: The expanding pet care industry is increasing the need for high-quality disinfectants that cater to both household pets and commercial animal care settings.
  • Demand for Organic Disinfectants: Consumers are increasingly seeking organic and natural disinfectant solutions, leading to a rise in product innovation.
  • Adoption of Advanced Technologies: Modern farming practices are incorporating advanced technologies that require effective and specialized disinfection methods.
  • Emphasis on Biosecurity: There is a growing emphasis on biosecurity measures in both small-scale and industrial farming to prevent cross-contamination and ensure animal health.

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Major Trends in the Market

  • Eco-Friendly Solutions: A shift towards sustainable and eco-friendly disinfectant solutions is becoming more prominent as environmental awareness grows.
  • Antimicrobial Resistance Management: The integration of strategies to manage antimicrobial resistance is a significant trend, aiming to reduce the risk of resistant bacteria.
  • Innovative Application Methods: Companies are developing innovative methods for disinfectant application to improve ease of use and efficiency.
  • Long-Lasting Residual Efficacy: Products with longer-lasting effects are gaining traction, as they reduce the frequency of applications and enhance overall biosecurity.
  • Digital Monitoring Solutions: The adoption of digital solutions for monitoring disinfection processes is emerging, allowing for more precise and controlled application.

Impact of Livestock Production on the Market

  • Rising Livestock Production: Increasing livestock production is expected to drive demand for veterinary disinfectants, particularly in regions with favorable government policies and subsidies.
  • Improving Animal Health: Veterinary disinfectants play a crucial role in enhancing animal health, ensuring biosecurity, and improving farm efficiency.
  • Case Study: In the UK, the value of beef and veal production increased by 12% in 2022, highlighting the correlation between livestock production and disinfectant market growth.

Leading Companies in the Market

  • Notable Players: Major companies include Ecolab Inc., Lanxess AG, Zoetis Inc., Empresas CMPC S.A., and Clorox Healthcare, among others.
  • Innovative Products: For instance, Neogen Corporation launched Neogen Farm Fluid MA, a dual-action disinfectant designed to sanitize and protect farm environments effectively.

Strategic Acquisitions and Market Expansion

  • Lanxess AG’s Acquisition of Theseo S.A.S.: In 2021, Lanxess AG acquired Theseo S.A.S. to enhance its portfolio in disinfection and hygiene solutions, further solidifying its position in the market.

Market Segmentation

  • By Product: Includes iodine, lactic acid, hydrogen peroxide, phenolic acid, and more.
  • By Animal: Targets companion animals like cats and dogs, as well as livestock such as cattle and poultry.
  • By Form: Available in liquid, powder, and wipes.
  • By Application: Used for hand sanitization, surface disinfection, aerial disinfection, and more.
  • By End Use: Serves veterinary clinics, hospitals, animal care facilities, and other settings.

Conclusion

The veterinary disinfectant market for pets and farms is poised for substantial growth, driven by rising pet ownership, expanding farming activities, and a growing focus on animal health and biosecurity. As the industry continues to evolve, innovation and strategic expansions will play a pivotal role in shaping the future of the market.

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