- Cattle and Ruminants
The Asia Pacific and Latin America Animal Disinfectants Market is estimated to be valued at US$ 1,061.5 Mn in 2020 and poised to grow at a significant CAGR of 7.4% over 2021-2026. Increase in the prevalence of livestock diseases such as Foot and Mouth Disease (FMD), Avian Influenza, Asian Swine Fever, Mastitis, and others in poultry, swine, ruminants, and cattle. Rapid growth in industrial livestock farming in China, India, other ASEAN countries, Brazil, and other LATAM countries to meet the consumer demand coupled with rising in preference for the usage of animal disinfectants to prevent infectious diseases in livestock species are some key factors fostering the market growth. Animal disinfectants are products that can kill harmful pathogens, microorganisms living on animals and surrounding areas which can cause acute or chronic illness among groups of animals. These disinfectants are of two types-powder and liquid types. Different of chemical formulations are available in the market largely used in live-stock farms, hospitals, veterinary clinics, and other disease prevalence surfaces. Products forms include chemicals such as Iodine, Hydrogen Peroxide, Quaternary compounds, and other types of chemicals. Animal disinfectant market majorly driven by an increase in disease prevalence in livestock, during trading of animals, increase in the growing consumption of meat and demand for quality meat.
Fastest Growing Market
Asia Pacific and Latin America Animal Disinfectants Market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players such as acquisitions, mergers, expansions, and new product launches may enhance the companyâ€™s growth. For instance, In March 2016, Ceva Sante Animale, one of the global leading players in animal health segment has acquired Indiaâ€™s Polchem to enter into the animal disinfectants markets in the country. In January 2021, Lanxess AG aims to acquire disinfection and hygiene solutions provider These to expand the business in Europe, Asia Pacific, and Latin America region.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.