Agricultural Disinfectant Market will Reach US$2.5 Bn by 2024

The global agricultural disinfectant market is foreseen in a report by Transparency Market Research (TMR) to find two or more companies such as The Chemours Company and The Dow Chemical Company showing their dominance in the coming years. With a view to achieve their goals, players could take to combined researches by shaking hands with other companies in the market. The nature of the vendor landscape could be vastly consolidated and highly competitive. Some of the top companies operating in the market other than the aforementioned ones are The Stepan Company and Zoetis.

TMR envisages the global agricultural disinfectant market to rise at a 4.4% CAGR during the forecast period 2016-2024 to be worth a US$2.5 bn by the end of 2024. Among other forms, liquid agricultural disinfectant could rank higher in the market while expanding at a CAGR of 4.9%. Regionally, Asia Pacific could show faster growth in the market while expanding at a 5.6% CAGR. 

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Rising use of powerful disinfectants and increasing focus on routine cleanliness of farms are predicted to set the tone for valuable growth of the global agricultural disinfectant market. The demand in the market could be boosted with the need to ensure complete food security through sterilization or removal of harmful microorganisms. The growth of the market is projected to gain support from technological advancement in greenhouse production of fruits and vegetables and vertical farming. The demand for agricultural disinfectant could see a rise as a result of the rise of livestock application. 

High increase in meat consumption and rising prevalence of livestock diseases are foretold to push the demand in the global agricultural disinfectant market. The need to adhere to government regulations, improve performance of agricultural disinfectants, and minimize operational costs could further increase the demand until the end of the forecast period. 

Lack of knowledge about the proper application of agricultural disinfectant is envisioned to cause problems to the market in terms of growth. Wrong knowledge about the ill-effects of agricultural disinfectants on plants could also negatively impact market growth in the foreseeable future. Farmers in underdeveloped countries may not be financially able to afford agricultural disinfectants. This could be another growth restraint of the market. However, developing regions such as Asia Pacific are showing quicker progress in the market.

Rising need for crop protection with increase in population is expected to create a whole lot of opportunities in the global agricultural disinfectant market. Growing emphasis on the improvement of the effectiveness and quality of agricultural disinfectants through research and development could be a primary factor responsible for the growth of the market

Agricultural Disinfectant Market Expected to Reach US$2.5 bn by 2024

The global agricultural disinfectant market is foreseen in a report by Transparency Market Research (TMR) to find two or more companies such as The Chemours Company and The Dow Chemical Company showing their dominance in the coming years. With a view to achieve their goals, players could take to combined researches by shaking hands with other companies in the market. The nature of the vendor landscape could be vastly consolidated and highly competitive. Some of the top companies operating in the market other than the aforementioned ones are The Stepan Company and Zoetis.

TMR envisages the global agricultural disinfectant market to rise at a 4.4% CAGR during the forecast period 2016-2024 to be worth a US$2.5 bn by the end of 2024. Among other forms, liquid agricultural disinfectant could rank higher in the market while expanding at a CAGR of 4.9%. Regionally, Asia Pacific could show faster growth in the market while expanding at a 5.6% CAGR.

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Rising use of powerful disinfectants and increasing focus on routine cleanliness of farms are predicted to set the tone for valuable growth of the global agricultural disinfectant market. The demand in the market could be boosted with the need to ensure complete food security through sterilization or removal of harmful microorganisms. The growth of the market is projected to gain support from technological advancement in greenhouse production of fruits and vegetables and vertical farming. The demand for agricultural disinfectant could see a rise as a result of the rise of livestock application.

High increase in meat consumption and rising prevalence of livestock diseases are foretold to push the demand in the global agricultural disinfectant market. The need to adhere to government regulations, improve performance of agricultural disinfectants, and minimize operational costs could further increase the demand until the end of the forecast period.

Lack of knowledge about the proper application of agricultural disinfectant is envisioned to cause problems to the market in terms of growth. Wrong knowledge about the ill-effects of agricultural disinfectants on plants could also negatively impact market growth in the foreseeable future. Farmers in underdeveloped countries may not be financially able to afford agricultural disinfectants. This could be another growth restraint of the market. However, developing regions such as Asia Pacific are showing quicker progress in the market.

Rising need for crop protection with increase in population is expected to create a whole lot of opportunities in the global agricultural disinfectant market. Growing emphasis on the improvement of the effectiveness and quality of agricultural disinfectants through research and development could be a primary factor responsible for the growth of the market.

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Agricultural Disinfectant Market to Rise at a 4.4% CAGR during 2016-2024

The global agricultural disinfectant market is foreseen in a report by Transparency Market Research (TMR) to find two or more companies such as The Chemours Company and The Dow Chemical Company showing their dominance in the coming years. With a view to achieve their goals, players could take to combined researches by shaking hands with other companies in the market. The nature of the vendor landscape could be vastly consolidated and highly competitive. Some of the top companies operating in the market other than the aforementioned ones are The Stepan Company and Zoetis. 

TMR envisages the global agricultural disinfectant market to rise at a 4.4% CAGR during the forecast period 2016-2024 to be worth a US$2.5 bn by the end of 2024. Among other forms, liquid agricultural disinfectant could rank higher in the market while expanding at a CAGR of 4.9%. Regionally, Asia Pacific could show faster growth in the market while expanding at a 5.6% CAGR. 

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Rising use of powerful disinfectants and increasing focus on routine cleanliness of farms are predicted to set the tone for valuable growth of the global agricultural disinfectant market. The demand in the market could be boosted with the need to ensure complete food security through sterilization or removal of harmful microorganisms. The growth of the market is projected to gain support from technological advancement in greenhouse production of fruits and vegetables and vertical farming. The demand for agricultural disinfectant could see a rise as a result of the rise of livestock application. 

High increase in meat consumption and rising prevalence of livestock diseases are foretold to push the demand in the global agricultural disinfectant market. The need to adhere to government regulations, improve performance of agricultural disinfectants, and minimize operational costs could further increase the demand until the end of the forecast period. 

Lack of knowledge about the proper application of agricultural disinfectant is envisioned to cause problems to the market in terms of growth. Wrong knowledge about the ill-effects of agricultural disinfectants on plants could also negatively impact market growth in the foreseeable future. Farmers in underdeveloped countries may not be financially able to afford agricultural disinfectants. This could be another growth restraint of the market. However, developing regions such as Asia Pacific are showing quicker progress in the market. 

Rising need for crop protection with increase in population is expected to create a whole lot of opportunities in the global agricultural disinfectant market. Growing emphasis on the improvement of the effectiveness and quality of agricultural disinfectants through research and development could be a primary factor responsible for the growth of the market.

Agricultural Disinfectant Market to Rise at a 4.4% CAGR during 2016-2024

The global agricultural disinfectant market is foreseen in a report by Transparency Market Research (TMR) to find two or more companies such as The Chemours Company and The Dow Chemical Company showing their dominance in the coming years. With a view to achieve their goals, players could take to combined researches by shaking hands with other companies in the market. The nature of the vendor landscape could be vastly consolidated and highly competitive. Some of the top companies operating in the market other than the aforementioned ones are The Stepan Company and Zoetis. 

TMR envisages the global agricultural disinfectant market to rise at a 4.4% CAGR during the forecast period 2016-2024 to be worth a US$2.5 bn by the end of 2024. Among other forms, liquid agricultural disinfectant could rank higher in the market while expanding at a CAGR of 4.9%. Regionally, Asia Pacific could show faster growth in the market while expanding at a 5.6% CAGR.

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Rising use of powerful disinfectants and increasing focus on routine cleanliness of farms are predicted to set the tone for valuable growth of the global agricultural disinfectant market. The demand in the market could be boosted with the need to ensure complete food security through sterilization or removal of harmful microorganisms. The growth of the market is projected to gain support from technological advancement in greenhouse production of fruits and vegetables and vertical farming. The demand for agricultural disinfectant could see a rise as a result of the rise of livestock application. 

High increase in meat consumption and rising prevalence of livestock diseases are foretold to push the demand in the global agricultural disinfectant market. The need to adhere to government regulations, improve performance of agricultural disinfectants, and minimize operational costs could further increase the demand until the end of the forecast period. 

Lack of knowledge about the proper application of agricultural disinfectant is envisioned to cause problems to the market in terms of growth. Wrong knowledge about the ill-effects of agricultural disinfectants on plants could also negatively impact market growth in the foreseeable future. Farmers in underdeveloped countries may not be financially able to afford agricultural disinfectants. This could be another growth restraint of the market. However, developing regions such as Asia Pacific are showing quicker progress in the market.

Rising need for crop protection with increase in population is expected to create a whole lot of opportunities in the global agricultural disinfectant market. Growing emphasis on the improvement of the effectiveness and quality of agricultural disinfectants through research and development could be a primary factor responsible for the growth of the market. 

Agricultural Disinfectant Market - Growing Importance of Crop & Livestock Protection Key Driving Factor

The global agricultural disinfectant market is foreseen in a report by Transparency Market Research (TMR) to find two or more companies such as The Chemours Company and The Dow Chemical Company showing their dominance in the coming years. With a view to achieve their goals, players could take to combined researches by shaking hands with other companies in the market. The nature of the vendor landscape could be vastly consolidated and highly competitive. Some of the top companies operating in the market other than the aforementioned ones are The Stepan Company and Zoetis. 

TMR envisages the global agricultural disinfectant market to rise at a 4.4% CAGR during the forecast period 2016-2024 to be worth a US$2.5 bn by the end of 2024. Among other forms, liquid agricultural disinfectant could rank higher in the market while expanding at a CAGR of 4.9%. Regionally, Asia Pacific could show faster growth in the market while expanding at a 5.6% CAGR. 

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Rising use of powerful disinfectants and increasing focus on routine cleanliness of farms are predicted to set the tone for valuable growth of the global agricultural disinfectant market. The demand in the market could be boosted with the need to ensure complete food security through sterilization or removal of harmful microorganisms. The growth of the market is projected to gain support from technological advancement in greenhouse production of fruits and vegetables and vertical farming. The demand for agricultural disinfectant could see a rise as a result of the rise of livestock application.

High increase in meat consumption and rising prevalence of livestock diseases are foretold to push the demand in the global agricultural disinfectant market. The need to adhere to government regulations, improve performance of agricultural disinfectants, and minimize operational costs could further increase the demand until the end of the forecast period. 

Lack of knowledge about the proper application of agricultural disinfectant is envisioned to cause problems to the market in terms of growth. Wrong knowledge about the ill-effects of agricultural disinfectants on plants could also negatively impact market growth in the foreseeable future. Farmers in underdeveloped countries may not be financially able to afford agricultural disinfectants. This could be another growth restraint of the market. However, developing regions such as Asia Pacific are showing quicker progress in the market. 

Rising need for crop protection with increase in population is expected to create a whole lot of opportunities in the global agricultural disinfectant market. Growing emphasis on the improvement of the effectiveness and quality of agricultural disinfectants through research and development could be a primary factor responsible for the growth of the market. 

Agricultural Disinfectant Market to Collect US$2.5 Bn with Growing Emphasis on Routine Cleanliness of Farms

The global agricultural disinfectant market is foreseen in a report by Transparency Market Research (TMR) to find two or more companies such as The Chemours Company and The Dow Chemical Company showing their dominance in the coming years. With a view to achieve their goals, players could take to combined researches by shaking hands with other companies in the market. The nature of the vendor landscape could be vastly consolidated and highly competitive. Some of the top companies operating in the market other than the aforementioned ones are The Stepan Company and Zoetis.

TMR envisages the global agricultural disinfectant market to rise at a 4.4% CAGR during the forecast period 2016-2024 to be worth a US$2.5 bn by the end of 2024. Among other forms, liquid agricultural disinfectant could rank higher in the market while expanding at a CAGR of 4.9%. Regionally, Asia Pacific could show faster growth in the market while expanding at a 5.6% CAGR.

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Rising use of powerful disinfectants and increasing focus on routine cleanliness of farms are predicted to set the tone for valuable growth of the global agricultural disinfectant market. The demand in the market could be boosted with the need to ensure complete food security through sterilization or removal of harmful microorganisms. The growth of the market is projected to gain support from technological advancement in greenhouse production of fruits and vegetables and vertical farming. The demand for agricultural disinfectant could see a rise as a result of the rise of livestock application. 

High increase in meat consumption and rising prevalence of livestock diseases are foretold to push the demand in the global agricultural disinfectant market. The need to adhere to government regulations, improve performance of agricultural disinfectants, and minimize operational costs could further increase the demand until the end of the forecast period. 

Lack of knowledge about the proper application of agricultural disinfectant is envisioned to cause problems to the market in terms of growth. Wrong knowledge about the ill-effects of agricultural disinfectants on plants could also negatively impact market growth in the foreseeable future. Farmers in underdeveloped countries may not be financially able to afford agricultural disinfectants. This could be another growth restraint of the market. However, developing regions such as Asia Pacific are showing quicker progress in the market. 

Rising need for crop protection with increase in population is expected to create a whole lot of opportunities in the global agricultural disinfectant market. Growing emphasis on the improvement of the effectiveness and quality of agricultural disinfectants through research and development could be a primary factor responsible for the growth of the market. 

Agricultural Disinfectant Market Expected to Ascend to US$2.5 bn by 2024

The main two players in the worldwide agricultural disinfectant market, The Chemours Company and The Dow Chemical Company, together represented the majority share in 2015, implying at a tremendously merged merchant scene. The nearness of different multinational and in addition nearby organizations makes this a much focused market, says Transparency Market Research (TMR) in a research report.

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Players have been participating in joint efforts and research endeavors with a specific end goal to reinforce their part in the agricultural disinfectants market. A valid example would be the Dow Chemical Company, the main organization in this market. In 2015, Dow Agro Sciences teamed up with Radiant Genomics on research and development exercises that attention on creating normal items for edit assurance. The open door in the worldwide agricultural disinfectants market was pegged at US$1.7 bn in 2015. This is expected to ascend to US$2.5 bn by 2024, extending at a 4.4% CAGR over the course of the forecast period.

Market to Benefit from Rising Demand for Liquid Agricultural Disinfectants

On the premise of form, the market for agricultural disinfectant is divided into liquid and powder, which contains granules and gels. In 2015, representing an offer of 48.5%, the liquid portion is the unmistakable pioneer attributable to ease, simple accessibility, and developing interest. The fluid agricultural disinfectants portion is anticipated to enroll a 4.9% CAGR from 2016 to 2024, higher than some other section.

On the basis of application, the segment of land held the predominant offer in 2015 and is additionally expected to display a solid development rate through 2024. By end use, the segment of livestock farms led the market regarding income, nearly took after by agricultural farms. On the premise of region, North America developed as the main portion with a 33.23% offer in 2015. Asia Pacific, then again, will enroll a high CAGR of 5.6% from 2016 to 2024.

Undiscovered Potential of Asia Pacific Region to Present Vendors with Lucrative Prospects

With the taking off interest for meat and meat items around the globe, keeping up the wellbeing, cleanliness, and prosperity of high-creating creatures, for example, cows and poultry has picked up need. Cleaning and sanitizing animals ranches has turned out to be basic to keep the flare-up of infections. "An emphasis on routine cleanliness and the utilization of powerful agricultural disinfectants has in this way developed as a key factor driving this market," the lead expert says.

Considering the way that Asia Pacific has enormous undiscovered potential to the extent the agricultural disinfectant market goes, players in this market have been as of late centering in nations, for example, India and China. "These countries offer business development openings, remembering an ascent in the extra cash of the shoppers and an expansion in the interest for meat items," the creator of the report states.

On the drawback, low mindfulness among ranchers in a few immature countries represents a noteworthy test for the worldwide agricultural disinfectants market. "Agriculturists frequently need adequate information with respect to the best possible use of disinfectants and this outcomes in either bring down appropriation rates or high rate of wastage," the examiner calls attention to. Additionally, the conceivable destructive impacts of agricultural disinfectants has likewise prompted producing organizations ceasing from taking up new ventures. This is probably going to hamper the general market.

Agricultural Disinfectant Market: Asia Pacific to Create Potential Growth Opportunities

The global agricultural disinfectant market is consolidated with the top two players namely the Dow Chemical company and The Chembours company collectively accounted for a massive 55% of the total market in 2015, states a new report by Transparency Market Research (TMR). Players within this market are actively engaged in collaborating their research efforts so as to strengthen their foothold in the agricultural disinfectants market. A case in point would be the Dow Chemical company. In 2015, Dow Agro Sciences collaborated with Radiant genomics for carrying out research and development activities with major focus on developing products that are natural and can be used for the protection of crops without any side effects.

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According to the report by TMR, the global agricultural disinfectant market will be worth US$2.5 mn by 2024 expanding at a CAGR of 4.4% from 2016 to 2024. On the basis of application, the land segment was leading in 2015. Also, this segment is anticipated to continue to show a high potential of growth throughout the forecast period. On the basis of form, the agricultural disinfectant market will be led by the liquid segment which accounted for a massive 48.5% in 2015. This segment is further expected to expand at a 4.9% CAGR between 2016 and 2024 on account of the low cost, growing demand, and easy availability of liquid agricultural disinfectants.

Livestock Farm Segment to Generate Maximum Revenue in Agricultural Disinfectant Market

On the basis of geography, Asia Pacific is estimated to expand at the fastest pace exhibiting a CAGR of 5.6% between 2016 and 2024. North America held the dominant position in 2015 accounting for 33.23% of the total market. On the basis of end use, it is expected that livestock farms will lead in the market by revenue. Closely following the footsteps of livestock farms will be the agricultural farms segment.

Need To Prevent Outbreak of Diseases among Meat Producing Animals to Fuel Adoption of Agricultural Disinfectants

According to the lead author of this report, the growing demand for meat and meat products across the world is one of the key factors behind the growing demand for agricultural disinfectants. Maintaining the health of meat producing animals such as cattle and poultry has gained immense popularity, and this has led to the growth of the cleaning and disinfecting livestock farm products in order to prevent outbreak of diseases among animals. Thus, there has been an increase in the focus on routine and regular cleanliness among farmers, which is fuelling the use of effective agricultural disinfectants.

Improper Use of Agricultural Disinfectants Result In High Wastage Rate and Discourage Future Adoption

One of the key factors restraining the growth of the agricultural disinfectant market is the low awareness among farmers across under developed nations. In addition to this, lack of sufficient knowledge regarding the proper use of disinfectants has also resulted in lower adoption rates. Improper use of disinfectants has resulted in high wastage rate which has also discouraged farmers from using agricultural disinfectants. The possible harmful effects of using disinfectants are also one of the reasons why farmers refrain from using agricultural disinfectants. On a bright note however, the market for agricultural disinfectants is receiving an impetus from Asia Pacific which holds vast untapped potential especially in countries such as India and China, wherein players have been focusing of late. The rise in disposable income and growing demand for meat products in Asia Pacific is anticipated to create growth opportunities for agricultural disinfectant market.

This review is based on the findings of a TMR report titled “Agricultural Disinfectant Market (Form - Liquid, Powder, Gels, and Granules; Application - Land, Water Sanitizing, and Aerial; End Use - Agricultural Farms and Livestock Farms) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

Global Agricultural Disinfectant Market, by Forms

• Liquid
• Powder
• Others(Gel, Granules)

Global Agricultural Disinfectant Market, by Application

• Land
• Water Sanitizing
• Aerial

Global Agricultural Disinfectant Market, by End Use

• Agricultural Farms
• Livestock Farms

Agricultural Disinfectant Market Driven by Rising Number of Diseases among Livestock Population

Agricultural Disinfectant Market: Overview

Agricultural Disinfectants are the most important component that primarily are used for crop and livestock protection. These agricultural disinfectants are categorized into different forms and the most important forms are liquid forms, powder forms, and granule and gel forms among others. These are applied on land, water sanitizing and aerial. By end use the market has been bifurcated into agricultural farms and livestock farms. Proper disinfection is required to protect crops and livestock from harmful diseases or sterilize the microorganisms.

Agricultural Disinfectant Market: Trends and Opportunities

The market for agricultural disinfectant is growing at a magnifying pace across all geographical regions worldwide. Globally, the market is expanding at a magnifying rate, majorly driven by demand for meat products from the China and India. The market for agricultural disinfectant in all these regions is expected to show significant results owing to increasing research and development for enhancement of disinfectants in the region. Moreover, emphasis on improving performance, reducing operating expenditures, maintaining regulatory standards, increasing the demand to ensure crop protection are impacting the market for global agricultural disinfectant globally.

Development of vertical farming and green house vegetable production coupled with rising number of diseases among livestock population are major drivers of the agricultural disinfectant market globally. Although rising demand for meat products from the emerging countries like India and China under the Asia Pacific region is majorly accounted for the steady growth in agricultural disinfectant.

In addition proper health of livestock is gaining importance across the globe due to the rising demand for meat products. It is imperative to protect the livestock population through proper application of disinfectants in drinking water, yards, surface, among others to protect them from harmful diseases. Routine cleanliness, frequent removal of manure and using proper disinfectants provides better results in terms of health for the livestock population. Owing to this factor, the impact of this driver is high and is expected to remain high during the forecast period. Moreover, increasing demand for quality meat products coupled with changing lifestyle patterns of the population is boosting the use of disinfectants on the new born vulnerable livestock population so that they do not catch diseases. Health of the human population is dependent on the health of the livestock population; therefore, it is crucial to protect these animals.

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Increasing development of vertical farming methods coupled with increasing greenhouse vegetable production techniques has led to a boom in the global agricultural disinfectant market. This has led to increased application of disinfectants in crops for better production and to ensure food security. However the recent downturn in the agricultural disinfectant products market is due to the harmful effects of these products that has impacted the growth of the disinfectant market negatively. Disinfectant manufacturing companies are currently refraining from new projects due to the harmful arising due to the lack of knowledge among the farmers regarding the proper usage methods of the disinfectants.

Research and development laboratories offer huge growth potential for the agricultural disinfectant market. There has been an increase in research projects pertaining to the use of environment friendly agricultural disinfectants in developing countries. Therefore, considering the benefits associated with the use of agricultural disinfectants in developing countries, it is expected to act as a prime future opportunity for the market.

Agricultural Disinfectant Market: Segmentation

By end use agricultural disinfectants are applied on agricultural farms and livestock farms and it is seen that consumption of agricultural disinfectants among the livestock farms are seen more due to the increased consumption of meat products. Poultry cattle and swine buildings are cleaned regularly so that the diseases are not spread to the successive groups that are reared. Moreover, in this report the study provides different countries included in different regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America includes the U.S. and Rest of North America. Europe includes U.K., Germany, France, Russia, Italy and Rest of Europe.Asia Pacific includes countries such as India, China, Japan and Rest of Asia Pacific. In addition,. Middle East and Africa includes country such as UAE, South Africa and Rest of Middle East and Africa.Latin America comprise of countries such as Brazil and Rest of Latin America

Geographically, Asia Pacific agricultural disinfectant market is experiencing the fastest growth from 2016 to 2024 in global agricultural disinfectant market.

Agricultural Disinfectant Market: Competitive Landscape

In order grab a better picture of the agricultural disinfectant market, a key trends analysis has been done. The leading players in the market include Zoetis (Florham Park, New Jersey United States), The Chemours Company (Wilmington, Delaware, United States), Nufarm (Melbourne), The Dow Chemical company (Midland, Michigan, United States), The Stepan Company, (Northfield, Illinois, U.S.), The Thymox Technology (Quebec, Canada),Neogen corporation (Lansing, Michigan, U.S.), Fink Tec GmbH (Oberster Kamp Germany), QuatChem Limited. (United Kingdom) and Entaco NV. (Belgium) among others.

The global agricultural disinfectant market can be segmented as follows;-

Global Agricultural Disinfectant Market, by Forms

• Liquid
• Powder
• Others(Gel, Granules)

Global Agricultural Disinfectant Market, by Application

• Land
• Water Sanitizing
• Aerial

Global Agricultural Disinfectant Market, by End Use

• Agricultural Farms
• Livestock Farms

Global Agricultural Disinfectant Market: Rising Prevalence of Livestock Diseases to Accelerate Sales Extensively, finds TMR

The global agricultural disinfectant market is highly competitive with the presence of numerous regional as well as multinational companies, says Transparency Market Research (TMR) in a research report. To establish a distinctive role in the market and strengthen their position, players are engaging in strategic collaborations and agreements and are raising research efforts simultaneously. For instance, a branch of the Dow Chemical Company, Dow Agro Sciences signed an agreement with Radiant Genomics for the purpose of carrying out research and development activities to develop natural crop protection products. The top three companies, The Dow Chemical Company, The Chemours Company, and Zoetis accounted for a collective share of over 71% in the global agricultural disinfectant market in 2015.

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According to a TMR analyst, “The opportunity that pegged in 2015 in the global agricultural disinfectant market was US$1.7 bn.” It is expected to rise at a steady 4.4% CAGR from 2016 to 2024 touching a valuation of US$2.5 bn by the end of 2024.

Popularity of Liquid Agricultural Disinfectants to Overrule Market

Based on form, in 2015, the global agricultural disinfectant market was dominated by the segment of liquid of agricultural disinfectant with a share of 48.5% in the same year. The segment is projected to account for a share of 50.7% by 2024, thus maintaining a lead. The extensive consumption of liquid agricultural disinfectant can be attributed to the high demand for it due to cost effectiveness, easy availability, and application on both agricultural land and the drinking water of the current livestock. Liquid agricultural disinfectant was followed by powder agricultural disinfectant owing to its high use for cleaning purposes in livestock farms. Based on application, the market was dominated by the land segment in 2015 and is likely to maintain a lead until 2024.

In terms of geography, the global disinfectant market was dominated by North America in 2015 with a market share of 33.23% in the same year. Europe held the second place after North America in 2015.

Development of Vertical Farming and Greenhouse Vegetable Production to Boost Adoption

Growing development of vertical farming methods along with rising greenhouse vegetable production techniques has triggered growth in the global agricultural disinfectant market. This has further led to a rise in the applications of disinfectants in crops for enhanced production and to ensure food security as well. Moreover, ensuring proper health of livestock is gaining traction across the globe owing to the growing demand for meat products. Thus, it is important to protect the livestock population from diseases through proper employment of disinfectants in drinking water, yards, and surface. Routine cleanliness, daily removal of manure, and use of proper disinfectants provide enhanced results regarding the health of the livestock population. The impact of this driver is thus significantly high as compared to others.

However, there has been a recent downturn in the agricultural disinfectants market due to the harmful after effects of the products in circulation in the market. This is negatively impacting the growth of the market. Disinfectant manufacturing companies are at present refraining from adopting new projects owing to the harmful application results arising due to the lack of awareness and knowledge among farmers regarding their proper use and employment of correct methods. This issue is expected to be addressed by the growing initiatives by governments and companies to spread awareness among farmers and educate them about the proper use of agricultural disinfectants.

This review is based on a Transparency Market Research report titled, “Agricultural Disinfectant Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

Global Agricultural Disinfectant Market, by Forms

• Liquid
• Powder
• Others(Gel, Granules)

Global Agricultural Disinfectant Market, by Application

• Land
• Water Sanitizing
• Aerial

Global Agricultural Disinfectant Market, by End Use

• Agricultural Farms
• Livestock Farms