Livestock Surface Disinfectant Market Size is Boost USD 3.10 Billion at a CAGR of 7.0% by 2028
The global Livestock Surface Disinfectant Market size was valued at USD 3.10 Billion in 2020 and is forecast to exceed USD 5.93 billion in terms of value, delivering a CAGR of 7.0% over 2021-2028, according to a recent analysis by Reports and Data. The increasing prevalence of infectious diseases in farm animals and associated efforts by farm owners to maintain hygiene practices in the farms is expected to drive the global livestock surface disinfectant market growth.
A significant rise in dairy cattle and beef
rearing activities is prompting meat producers to invest in disinfectant
products for maintaining housing hygiene, which in turn will boost the
livestock surface disinfectant market expansion through 2028.
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Top Leading Players: 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), DeLaval Inc. (Sweden), Fink-Tec GmbH (Germany),
and Laboratoire M2 (Canada), among others.
Further Key Finding from the Report
Suggestion:
·
Based on form, the
liquid segment is forecast to dominate the market share through 2028. The
robust growth of the segment is a result of the high effectiveness of liquid
disinfectants against different types of infections as compared to their
counterparts.
·
Based on application,
dairy cleaning is estimated to be the fastest growing application segment for
the livestock surface disinfectant market during the projected timeline.
Increasing product demand for disinfecting milking machines and milking parlors
to avoid bacteria infestation is contributing to growth of the segment.
·
In the regional
landscape, North America is estimated to contribute considerably to the global
livestock surface disinfectant market revenue share over the analysis period.
The growth of the market in the region can be attributed to the expansion of
the animal farming industry. Moreover, increased investment by farm producers in
livestock disinfectant products for maintaining hygiene practices in farms will
foster segmental growth through 2028.
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