A recent study by Future Market Insights has unveiled a promising future for the global veterinary disinfectant for pets and farms market. The report forecasts a remarkable Compound Annual Growth Rate (CAGR) of 7.7%, propelling the market to an estimated USD 7.3 billion by 2033, up from USD 3.5 billion in 2023.
This exponential growth is attributed to the widespread adoption and dominance of iodine-based disinfectants, expected to claim an impressive 52.4% share of the global market by 2023. Renowned for their efficacy and reliability in ensuring a safe and hygienic environment for both pets and farm animals, iodine-based disinfectants are driving the market’s upward trajectory.
Our Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14404
This highlights the promising future of the veterinary disinfectant for pets and farms market. With increasing awareness of animal health and hygiene, coupled with the efficacy of iodine-based disinfectants, the market is well-positioned for continued expansion in the coming years.
The anticipated expansion of the veterinary disinfectant market is attributed to the heightened awareness among pet owners and farm managers regarding the importance of stringent hygiene practices. This trend is coupled with the increasing emphasis on animal welfare and biosecurity measures across veterinary practices and agricultural settings.
Key participants within the industry are working on developing unique methods of cleaning and disinfecting animals along with animal facilities. This is predicted to lead to faster growth within the market for veterinary disinfectants for pets and farms in the coming years. Furthermore, various governments are now actively focusing on raising awareness about veterinary products, which is projected to drive the animal disinfectant market’s growth throughout the forecast period. The World Veterinary Association recently published the first-ever worldwide list of necessary veterinary drugs for cattle on January 25, 2021. The list includes efficient and cost-effective basic medications and immunizations that should be accessible in every country and from every veterinarian.
Key Takeaways:
Animal disinfection products are actively being released by dominant market participants. This factor is anticipated to fuel the market expansion over the projection period. In order to prevent the widespread of diseases to both people and animals, key market players are using disinfecting veterinary equipment, the hands of the medical staff at veterinary clinics, and other surfaces.
The global expansion of the veterinary industry is attributed to the increase in pet ownership, accelerated adoption of pet insurance, pet humanization among the expanding urban populations around the world, and increased social media awareness of the need for animal welfare.
Two crucial advances within the treatment center market comprise the usage of big data in veterinary care to efficiently identify and analyze potential illnesses along with wearables to monitor pet health. Wearables give data to owners, farmers, and veterinarians about body temperature, heart rate, respiration rate, pH levels, and other vital signs.
Across various veterinary testing facilities, few tests are carried out efficiently in chemistry, pathology, endocrinology, serology, hematology, and microbiology. Two of the newest diagnostic techniques used in veterinary laboratories are DNA testing and protein tests.
The number of livestock is on a rise globally. The population of livestock and poultry witnessed a significant rise over the years preceding 2021. This trend is common specifically in developing countries like China, India, and Brazil.
Request Customization of Report: https://www.futuremarketinsights.com/customization-available/rep-gb-14404
Competitive Landscape:
Attributing to significant advancements in biotech, artificial intelligence, genomics, cloud computing, and big data technology, the veterinary healthcare market in the United Kingdom has been rapidly changing in recent years. This has led to competition between major animal health companies and partnerships with cutting-edge start-ups.
Over recent years, there have been numerous mergers and acquisitions in the industry due to which the market is expected to be competitive. The powerful CEOs of prominent companies prioritize commercialization, new product launches, and strategic alliances for company growth. Furthermore, in order to develop unique products and increase revenue, many businesses invest heavily in research.
More Insights into the Veterinary Disinfectant for Pets and Farms Market:
The North American region is anticipated to dominate the global veterinary disinfectant for pets and farms market. The United States is set to account for about 23.5% of the total market share by 2023 and is expected to continue to experience the same growth throughout the forecast period.
Key Market Players:
- Neogen Corporation,
- GEA,
- Lanxess AG,
- Zoetis,
- Kersia Group,
- CID Lines,
- Albert Kerbl GmbH,
- PCC Group,
- Laboratoires Ceetel- CMPC,
- G Sheperd Animal Health,
- Sanosil AG
Key Market Segments Covered in Veterinary Disinfectant for Pets and Farms Industry Research:
Product:
- Iodine
- Lactic Acid
- Hydrogen Peroxide
- Phenolic Acid
- Peracetic Acid
- Quaternary Compounds
- Chlorine
- Chlorine Dioxide
- Chlorohexidine
- Glut-Quat Mixes
- Glycolic Acid
- Others
Application:
- Dairy Cleaning
- Swine
- Poultry
- Equine
- Dairy Ruminant
- Aquaculture
Form:
- Liquid
- Powder
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
Direct Purchase of this Report: https://www.futuremarketinsights.com/checkout/14404
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube