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LONDON, GREATER LONDON, UK, August 22, 2024 /EINPresswire.com/ -- The veterinary disinfectant for pets and farms market has shown robust growth in recent years. It is anticipated to grow from $3.10 billion in 2023 to $3.34 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.7%. The historical growth can be attributed to increased awareness of zoonotic diseases, rising pet ownership, stricter animal health regulations, growth in commercial farming, and advancements in veterinary medicine. Looking ahead, the market is expected to expand to $4.55 billion by 2028, at a CAGR of 8.0%. This growth is driven by ongoing concerns about emerging infectious diseases, the expansion of the pet care industry, increasing demand for organic and natural disinfectant solutions, adoption of advanced farming technologies, and heightened emphasis on biosecurity measures.
Impact Of Rising Livestock Production On The Veterinary Disinfectant Market
The increase in livestock production is expected to significantly drive the growth of the veterinary disinfectant for pets and farms market. Livestock production involves the breeding, raising, and managing of domesticated animals for food, fiber, and other products. This growth is supported by favorable government policies, subsidies for farm modernization, and advancements in animal health and nutrition. Veterinary disinfectants play a crucial role in enhancing animal health, ensuring biosecurity, and improving farm efficiency. For example, a report from the Department for Environment, Food, and Rural Affairs noted a 12% increase in the value of beef and veal production in 2022. Such statistics highlight how rising livestock populations are fueling the demand for effective disinfectants.
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Innovative Disinfection Products Enhance Hygiene And Disease Prevention
Major players in the veterinary disinfectant market are focusing on innovation to improve hygiene and prevent disease transmission. For instance, Neogen Corporation launched Neogen Farm Fluid MA in April 2024, a dual-action disinfectant designed for agricultural settings. This product offers advanced disinfection capabilities and robust cleaning abilities, essential for maintaining sanitary conditions in farm environments.
Market Segments:
•By Product: Iodine, Lactic Acid, Hydrogen Peroxide, Phenolic Acid, Peracetic Acid, Quaternary Compounds, Chlorine, Chlorine Dioxide, Other Products
•By Animal: Companion Animals, Cats, Dogs, Livestock Animals, Cattle, Poultry, Other Animals
•By Form: Liquid, Powder, Wipes
•By Application: Hand Sanitization, Surface Disinfection, Aerial Disinfection, Other Applications
•By End Use: Veterinary Clinics, Veterinary Hospitals, Animal Care Facilities, Other End Users
Geographical Insights: North America Dominates, Other Regions Poised for Growth
North America was the largest region in the veterinary disinfectant for pets and farms market in 2023. The report provides detailed insights into regional dynamics, market trends, and growth opportunities across various regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Veterinary Disinfectant For Pets And Farms Global Market Report 2024 from The Business Research Company covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Veterinary Disinfectant For Pets And Farms Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on veterinary disinfectant for pets and farms market size, veterinary disinfectant for pets and farms market drivers and trends, veterinary disinfectant for pets and farms market major players, veterinary disinfectant for pets and farms competitors' revenues, veterinary disinfectant for pets and farms market positioning, and veterinary disinfectant for pets and farms market growth across geographies. The veterinary disinfectant for pets and farms market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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