ASEAN Livestock Disinfectant Market size worth above USD 185 million by 2025
Published Date: April 6, 2021 Authors: Kunal Ahuja, Kritika Mamtani
According to a new research report by Global Market Insights, Inc., the ASEAN Livestock Disinfectant Market size is set to surpass USD 185 million by 2025.
Livestock disinfectant are chemicals required for removal and prevention of diseases in various livestock including swine, poultry, ruminant and aquaculture. These disinfectants improve the health and safety of animals by inhibiting growth of bacteria, fungi and pathogens. The elimination of microorganisms and protection of animals is essential for maintaining health and hygiene of animals to gain good quality milk and meat which should favor the growth of ASEAN livestock disinfectant market.
Increased rearing of ruminants for farm sector and milk gain should augment market growth
ASEAN livestock disinfectant market by ruminant livestock registered a consumption of over 34.5 tons in 2020, which shows positive impact for market growth by end of 2025. Livestock disinfectants are widely used for the disinfection of animal houses owing to its germicidal property, it is also used as a destructive agent against the virus of animal foot-and-mouth disease which should augment market growth. Increasing demand for milk and milk-based products should lead to increased ruminant rearing and should in turn favor product demand.
Ruminant animals including buffalo and goat convert forage crops into high quality meat and milk for human consumption which should raise product demand for disinfecting dairy utensils and towels for udder wiper. Ruminants have a high risk of getting prone to ectoparasites which can be prevented by frequent spraying of shed with disinfectants and represents growth opportunities for livestock disinfectant market.
“According to industry estimates, ruminant livestock should register 6.5% gains by 2025, pertaining to high demand for dairy utensil disinfectants”
Browse key industry insights spread across 210 pages with 101 market data tables and 48 figures & charts from the report, “ASEAN Livestock Disinfectant Market By Livestock (Poultry, Swine, Ruminant, Aquaculture), By Product (Calcium Hypochlorite, Sodium Hypochlorite, Formaldehyde, Glutaraldehyde, Hydrogen Peroxide, Phenol, Iodine, Quaternary Ammonium Compounds, Polymeric Biguanides, Bisbiguanides), Industry Analysis Report, Country Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2025” in detail along with the table of contents:
Increased use of calcium for fungal and algae control in livestock sheds should stimulate product demand
Calcium hypochlorite should exceed USD 1.25 million up to 2025. Rising demand for disinfectant for fungal and algae control in aquaculture should foster calcium hypochlorite demand. Increasing seafood consumption owing rising awareness about various health benefits of seafoods such as maintenance of eyesight and good skin should favor aquaculture thereby boosting the growth of ASEAN livestock disinfectant market.
Livestock disinfectant market demand from sodium hypochlorite should exceed USD 9 million up to 2025. Sodium hypochlorite is widely used for wiping of udder and cleansing of animal houses owing to its application in ruminant livestock which should stimulate market growth. The product is used in water disinfection, odor removal and water purification owing to its application in aquaculture which is likely to raise sodium hypochlorite demand and in turn should trigger the growth of ASEAN livestock disinfectant market.
“As per industry forecasts, sodium hypochlorite product should register gains over 8% by 2025, pertaining to rising demand for water purification and odor removal”
Growing meat industry and demand for farm cleaning products should drive livestock disinfectant demand in Indonesia
Indonesia should exceed USD 28 million up to 2025 and is predicted to register 7% gains in the forecasted period, pertaining to rising demand for disinfecting and sanitizing products for farm facilities. Indonesia meat industry has increased owing to rising personal income and opportunities for foreign exporters which should create massive opportunities for market growth. Increasing per-capita meat consumption and rising beef consumption has boosted cattle production in the country which is anticipated to stimulate the livestock disinfectant market.
Growth in livestock is attributed to rising demand for disinfectants and sanitizing products for farm premises which should accelerate product market growth. Furthermore, government initiatives to reduce the gap between export and import is likely to increase number of animal farms in the country which is anticipated to stimulate the demand for disinfectants in livestock application.
The ASEAN livestock disinfectant industry share is significantly competitive and comprises several companies including Lanxess AG, Evonik Industries, Virox Animal Health, CID Lines, GEA Group AG, TheseoGroup, Evans Vandoline, Laboratoire M2, and KrKa Slovenia. Manufacturers are majorly engaged in strategic initiatives such as mergers, acquisitions, and partnerships to increase their production capacity, and expand their distribution network.