Northbrook, IL -- (SBWIRE) -- 01/10/2022 -- The global animal disinfectant market size is estimated at USD 3.0 billion in 2021 and is projected to grow at a CAGR of 7.2% to reach USD 4.3 billion by 2026.

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.

Download PDF Brochure

COVID-19 Impact on the Animal Disinfectant Market:

The impact of COVID-19 lockdown was tremendous in scale across the globe and profound especially in the key consumption markets for animal disinfectants. The demand for disinfectant products channelized for the livestock sector has remained high, with manufacturing plants for both disinfectants and water treatment being utilized at almost full capacity for companies such as Lanxess.

However, the supply-chain disruptions in the key emerging markets, especially Mexico and Central America, negatively impacted the sales, albeit for a temporary period. The last mile connectivity to small and medium-scale livestock farms suffered a setback due to weakness in the distribution channels. Prominent players in the market such as Neogen expect a surge in demand with markets opening up gradually, and thus, capacity-building remains among the major focus areas.

Key giants have also embarked on inorganic growth strategies by acquiring regionally-prominent disinfectant manufacturers and thereby strengthening their geographical outreach. Livestock disinfectant companies are also intensifying their efforts to develop a plethora of anti-bacterial, anti-fungal, and anti-viral solutions in the wake of growing concerns for zoonotic diseases.

The negative impact of COVID-19 on manufacturing and distribution arenas of animal disinfectant is slowly receding, with some of the major markets gradually progressing toward normalcy. However, full-fledged growth momentum that was predicted in pre-COVID years will effectively materialize from the third or fourth quarter of 2022.

Make an Inquiry

Key global market players offer wide range of animal disinfectant products to improve animal health and performance. Prominent livestock disinfectant manufacturers have strong presence in the European and North America countries. The key companies in the animal disinfectant market are Neogen Corporation (US), GEA (Germany), Lanxess AG (Germany), Zoetis (US), Kersia Group (France), and CID Lines (Belgium). Various strategies, such as expansions, mergers & acquisitions, and new product launches, were adopted by the key companies to remain competitive in the animal disinfectant market.

About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441