The European agricultural disinfectant market is estimated to register a CAGR of 3.62% during the forecast period, 2020-2025. Agricultural disinfectants are used on crops and livestock for their protection against microbial infection (bacteria, viruses, and fungi). Agricultural disinfectants can also be used to destroy specific micro organisms, which is the major reason for their huge application in farming. The huge demand for disinfectants in the region led to increased competition. Thus, companies are investing more on research and development to innovate products and attain the maximum market share in the sector.
Key Market Trends
Increased Industrial Livestock Production
According to the World Bank, the adoption of industrialized meat production is growing six times faster than that of traditional meat production. With an increase in the mass production of meat, the trend of landless meat production facilities is catching up. The meat production industry is moving toward consolidation, especially in mature markets, such as the United States and Europe, to increase the meat production, with reduced land usage, thereby driving the need for usage of animal disinfectants in industrial livestock farms to prevent the spread of diseases in animals. The primary demand for meat products in India and China is likely to drive the European agricultural disinfectants market in the coming years, in terms of exporting quality industry produced livestock products.
Germany Dominates the Market
Europe is the second-largest shareholder in the agricultural disinfectant market, due to the presence of a large agricultural field, which is estimated to create new opportunities in the region. The growing demand for crop and livestock protection is creating opportunities for new players in the region, like Germany, which is the most mature market in terms of demand for agricultural disinfectants. The increasing demand for organic vegetables and crops, the rising risk of diseases among livestock, and government regulation on antibiotics regarding animal feed are some of the major drivers for the agricultural disinfectants market in Europe. DEFRA (Department of Environment Food and Rural Affairs) is responsible for certifying and approving the products that enter Europe.
Competitive Landscape
The European agricultural disinfectant market is moderately fragmented, with the presence of many regional and local players. There is also a significant presence of companies that offer disinfectants for multiple operations apart from agriculture. Companies operating in the market are not only looking for organic growth through an increase in sales revenues but are also involved in strategic moves, such as mergers and acquisitions, joint ventures, and collaborations.
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Key Market Trends
Increased Industrial Livestock Production
According to the World Bank, the adoption of industrialized meat production is growing six times faster than that of traditional meat production. With an increase in the mass production of meat, the trend of landless meat production facilities is catching up. The meat production industry is moving toward consolidation, especially in mature markets, such as the United States and Europe, to increase the meat production, with reduced land usage, thereby driving the need for usage of animal disinfectants in industrial livestock farms to prevent the spread of diseases in animals. The primary demand for meat products in India and China is likely to drive the European agricultural disinfectants market in the coming years, in terms of exporting quality industry produced livestock products.
Germany Dominates the Market
Europe is the second-largest shareholder in the agricultural disinfectant market, due to the presence of a large agricultural field, which is estimated to create new opportunities in the region. The growing demand for crop and livestock protection is creating opportunities for new players in the region, like Germany, which is the most mature market in terms of demand for agricultural disinfectants. The increasing demand for organic vegetables and crops, the rising risk of diseases among livestock, and government regulation on antibiotics regarding animal feed are some of the major drivers for the agricultural disinfectants market in Europe. DEFRA (Department of Environment Food and Rural Affairs) is responsible for certifying and approving the products that enter Europe.
Competitive Landscape
The European agricultural disinfectant market is moderately fragmented, with the presence of many regional and local players. There is also a significant presence of companies that offer disinfectants for multiple operations apart from agriculture. Companies operating in the market are not only looking for organic growth through an increase in sales revenues but are also involved in strategic moves, such as mergers and acquisitions, joint ventures, and collaborations.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- FINK TEC GmbH (Germany)
- Entaco NV (Belgium)
- Biolink and Theseo (UK)
- The Chemours Company
- Zoetis
- Nufarm Limited
- Stepan Company
- The Dow Chemical Company
- Neogen Corporation
- Quat-Chem Ltd
Methodology
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