Udder Hygiene Products Market to Surpass US$ 2,607.0 Million at 6.2% CAGR, States Fact.MR
The North American market for udder hygiene products is thriving, presenting extensive growth prospects for industry players.
Rockville, Sept. 19, 2023 (GLOBE NEWSWIRE) -- As per Fact.MR, a provider of market research and competitive intelligence, sales for Udder Hygiene Products Market surging due to the growing dairy products demand. Dairy products growing demand is expected to generate sales of US$ 708.0 billion by 2033, creating an absolute $ opportunity of US$ 185.5 billion during the forecast period (2023-33).
Hence, with the growing demand for dairy products due to the increasing population and a paradigm shift toward a vegetarian diet, the dairy industry observes pressure to meet the demand. In order to meet this surging demand it is vital to keep a check on dairy animals’ health and well-being for surplus milk supply.
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| Report Attributes | Details |
| Forecast Period | 2023 – 2033 |
| Value Projection (2033) | US$ 2,607.0 Million |
| Growth Rate (2023-2033) | 6.2% CAGR |
| No. of Pages | 170 pages |
| No. of Tables | 112 Tables |
| No. of Figures | 93 Figures |
Dairy animals including cows, goats, buffaloes, and others are prone to mastitis. Bovine mastitis is an inflammation of the mammary gland caused mostly by an infection, leading to abnormal and decreased milk production, which stresses the demand and supply of milk. Mastitis is a disease that usually affects around 52% to 60% of cattle including cows. Mastitis alone cost US$ 2 billion to the US dairy annually. To reduce such instances and ensure cattle health udder hygiene practices are followed cleaning and sanitization in commonly followed during both the pre-milking and post-milking stages, thus, creating a positive growth frame for the udder hygiene products market across the globe.
Based on the aforementioned factors the global udder hygiene products market is estimated to reach US$ 2,607.0 million by 2033 from US$ 1,428.5 million in 2023 growing at a CAGR of 6.2% during the forecast period.
Key Takeaways from Market Study
- Film-forming segment is estimated to grow at a CAGR of 6.3% during the forecast period
- Udder hygiene products market is likely to create an absolute $ opportunity of US$ 1,261.8 million during the assessment period
- US udder hygiene products market is expected to reach a valuation of US$ 865.5 million in 2033
- Indian udder hygiene market’s expected growth rate is 6.0% during the forecast period and creates an absolute $ opportunity of US$ 213.2 million
- North America remains a prominent market for the market players operating in the udder hygiene products market to explore
“Role of Udder Hygiene in Preventing Mastitis Drives Udder Hygiene Products Market” says a Fact.MR analyst.
Key Segments of Udder Hygiene Products Industry Research Report
| By Iodine Content | By Product Category | By Use Case |
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Market Growth Stratagems
Prominent players include Ecolab, DeLaval, GEA Group, Roullier Group, and Diversey, Inc.
Udder hygiene product manufacturers seek to expand their market presence by entering new geographic regions. They identify untapped markets with potential demand for their products and establish local distribution networks. This strategy helps them access a broader customer base, increase sales, and achieve economies of scale.
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The amount of milk produced rises in direct proportion to the number of milk cows. To guarantee the quality and safety of the milk, increased milk production calls for improved udder health and cleanliness procedures. Products for udder cleanliness are essential in preventing udder infections, mastitis, and other illnesses that affect the health of cows and the quality of their milk.
Products for udder cleanliness, like teat dips and sanitizers, aid in preventing bacterial infection and preserving udder health. Farmers and dairy owners are aware of how crucial these products are in reducing the danger of infections and the ensuing problems with milk quality.
As a result, the US market for udder hygiene is booming and is predicted to provide an absolute $ potential of US$ 429.7 million in the years to come.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the udder hygiene products market, presenting historical market data (2018–2022) and forecast statistics for the period of 2023–2033.
The study reveals essential insights on the basis of the iodine content (non-iodine-based and iodine-based), product category (film-forming, spraying, and foam-forming), use case (pre-milking (cleaning and sanitization), post-milking (cleaning and sanitization), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, and Oceania, Middle East & Africa).
Checkout More Related Studies Published by Fact.MR Research:
Feminine Hygiene Products Market: The global feminine hygiene products market is set to enjoy a valuation of US$ 34.53 billion in 2022 and further expand at a CAGR of 4.2% to reach US$ 52.1 billion by the end of 2032.
Oral Hygiene Market: The global oral hygiene market is anticipated to evolve at a CAGR of 5% from 2023 to 2033. The market stands at US$ 52 billion in 2023 and is thereby predicted to reach US$ 85 billion by 2033-end.
Laundry Cleaning Product Market: The global laundry cleaning product market is expected to reach a valuation of around US$ 88.34 Bn in 2022 and is slated to accelerate at a CAGR of 5.0% to top US$ 145 Bn by 2032.
About Us:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
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