(I-BusinessNews.Com, January 23, 2021 ) The report “Animal Disinfectants Market by Type (Iodine, Lactic Acid, Hydrogen peroxide, Phenolic Acid), Application (Dairy Cleaning, Swine, Poultry, Equine, Dairy and Ruminants, Aquaculture), Form (Liquid, Dry), and Region – Global Forecast to 2025″, The animal disinfectants market is projected to reach USD 4.4 billion by 2025 and was estimated at USD 2.9 billion in 2019, recording a CAGR of 6.9% from 2019. The major factors driving the animal disinfectants market include the increasing incidences of diseases in livestock. In addition, increasing introduction of regulations pertaining to animal hygiene across the globe reflects positively on the market growth.
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The iodine segment is projected to account for the largest market share during the forecast period.
The iodine segment dominated the animal disinfectants market in 2019. Many forms of iodine are used for animal health and food processing disinfection. Iodine is available in combination with other elements naturally. It is also available at high levels in seaweed, which is its most common commercial source. Besides seaweed, it is found in seawater, other brines, and in nitrate deposits. Iodophores are generally used for disinfection & cleaning, bovine teat dips, and surgical scrubs.
By form, the liquid segment is projected to hold the largest market share during the forecast period.
The liquid segment is projected to dominate the market as the liquid disinfectants are highly effective against different types of virulent compounds. Additionally, liquid disinfectants include a wide range of applications including footbaths, foot dips, foam-based sprays, aerial disinfection, and water-system disinfection procedures.
Asia Pacific is projected to account for the fastest-growing region in the animal disinfectants market during the forecast period
The Asia Pacific market accounted to grow at the fastest rate in the animal disinfectants market. This is attributed to the presence of a large base of livestock population in the region and a low level of alternative solutions available in the region. Further, rising incomes, increasing purchasing power, and the imposition of mandates on the usage of animal disinfectants are projected to offer promising prospects for the growth and diversification of animal disinfectants in the region.
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Key Market Players:
Key vendors in the global animal disinfectants market include Neogen Corporation (US), GEA Group (Germany), Zoetis Inc. (US), Lanxees AG (Germany), Kersia Group (France), Virox Animal Health (US), CID Lines (Belgium), Theseo Group (France), Evans Vanodine (UK), Krka (Slovenia), Diversey Inc. (US), Evonik Industries (Germany), Fink-Tec GmbH (Germany), Laboratoire M2 (Canada), and DeLaval Inc. (Sweden). These players have broad industry coverage and strong operational and financial strength; they have grown organically and inorganically in the recent past.
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