Which Agricultural Disinfectant Industry Trends Should Your Businesses Keep Note of?

Highlights:

• Introduction
• Trends in the agricultural disinfectants sector
• Key partnerships and acquisitions

Used to kill or reduce the number of microorganisms, agricultural disinfectants are chemical agents play a vital role in managing diverse pests, particularly microbes such as viruses, bacteria, and fungi that negatively impact crops and affect a farm's economic output. In addition, there is a rise in the need to boost agricultural production to address the surge in demand for food & feed due to an increase in human population and rise in livestock production. The global agricultural disinfectant sector is expected to cite a growing CAGR of 4.7% by 2032.

Agricultural disinfectants have various characteristics, such as their compatibility with different surfaces & equipment, safety for humans & animals, and wide spectrum antibacterial activity, when used as per the instructions. To maintain hygiene of animals and boost crop production, equipment, vehicles, and animal housing are often sanitized to create a healthy environment.

Prominent trends shaping the outlook of the agricultural disinfectants sector

• The rise in area under protected cultivation:  

The biotic stress on crops, such as attacks by pests and pathogens, is reduced by various systems of protected cultivation, such as indoor farming, vertical farming, and hydroponics. Therefore, benefits such as crops with low, or no residues of pesticides have been provided by protected farming.

Although the risk of crops getting attacked by pathogens is low in protected cultivation, it has become necessary to ensure 100% pest and pathogen control while maintaining a secure farming facility free from pathogenic organisms derived from building materials and equipment. Disinfectants are essential for sanitizing equipment before planting to ensure crops are free from pests and pathogens during growth. The agricultural disinfectants sector's growth is expected to be positively influenced by the increased area of protected cultivation.

• Surge in awareness about healthy livestock:

The global emphasis on maintaining the optimal health of livestock has heightened due to the increase in demand for meat products. Protecting the well-being of the livestock population is essential, which requires the judicious application of disinfectants in various areas, including drinking water, yards, and surfaces, to shield them from potentially harmful diseases.

Regular maintenance of cleanliness, frequent manure removal, and the proper use of disinfectants result in improved health outcomes for the livestock population. Furthermore, the rise in demand for high-quality meat products, combined with shifts in lifestyle patterns among the population, boosts the increased application of disinfectants to protect vulnerable newborn livestock from diseases.

• Rise in demand for contamination-free food:

As customers have become more attentive to the safety and quality of the products they consume, the agriculture sector has experienced heightened pressure to guarantee the integrity of its yield. Agricultural disinfectants perform a significant role in livestock, equipment, and crops protection from harmful contaminants and pathogens.

Agricultural enterprises and farmers acknowledge the importance of implementing effective disinfection practices to diminish disease transmission among livestock, reduce crop spoilage during storage & transportation, and elevate food safety.

The evolving landscape of the Indian agricultural disinfectants industry:

The Indian agricultural disinfectants sector has experienced growth due to the adoption of modern farming practices, surge in concerns about crop diseases, pets, & contamination, and rise in awareness of the importance of crop protection. Hence, the Indian agricultural disinfectants industry is expected to cite a growing CAGR of 5.9% by 2032.

Frontrunners tactics to dominate the agricultural disinfectants industry:

The global agricultural disinfectants industry is competitive, and frontrunners are engaged in strategic alliances to sustain the dynamic industry. These key players are collaborating and discovering new product ranges with advanced features. For instance, the Chairman and CEO of INRAE, Philippe Mauguin, and Chairman & CEO of Ceva Santé Animale (Ceva), Dr Marc Prikazsky, officially signed an initial framework agreement on February 18, 2021, to strengthen their collaboration in the field of animal health.

This agreement was especially significant considering the COVID-19 pandemic and the outbreak of avian influenza in France. It highlighted their shared commitment to engaging in collaborative "One Health" initiatives, a global health approach that addresses the interconnectedness of animal, human, and environmental health. The focus of their joint efforts includes the prevention of infectious diseases originating in animals and the advancement of animal welfare.

On the other hand, the specialty chemicals company LANXESS successfully concluded the acquisition of the French Theseo group, a prominent manufacturer specializing in animal health and biosecurity solutions, on April 1, 2021. The transaction was approved by relevant antitrust authorities in March after the purchase agreement between LANXESS and the seller was signed on February 9, 2021.

With this acquisition onboard, LANXESS expanded its product portfolio in the growing animal husbandry sector. This expansion includes a comprehensive range of disinfection and hygiene solutions. In addition, the specialty chemicals company has incorporated products dedicated to pest control designed for animal nutrition and welfare into its offerings.

To sum up, the global agricultural disinfectants industry has experienced growth due to the surge in consumer demand for contamination-free & safe food and the rise in requirement to protect crops from diseases & pests. However, a rise in the prevalence of disease outbreaks in livestock is expected to offer remunerative growth opportunities for the sector in future.

For a detailed study of the global agricultural disinfectants sector with investment opportunities, contact our experts today!

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