Polycide Market Size

Polycide Market size was valued at USD 2.97 billion in 2023 and is likely to cross USD 5.81 billion by 2036, expanding at more than 5.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of polycide is assessed at USD 3.1 billion. Polycide is a disinfectant and cleanser, generally used in the food and beverages industry to safely clean the surfaces. The growth of the market can be attributed to the growing demand for disinfecting cleansers across the various industry verticals. 

The market is primarily growing on the back of the increased demand for polycide in cleaning applications in the food and beverages industry, as it has biocidal properties. Biocidal properties refer to the ability of the solution to kill living microorganism, such as, fungi, bacteria, and others. Various food processing industries, including, bakery, breweries, and confectioneries deploy intensive use of yeast and abiotic bacteria, and hence, proper disinfection of surfaces and utensils is necessary. This application of polycide is anticipated to boost the market growth. Further, the growth in the food and beverages industry is also projected to encourage the market growth. For instance, the global functional foods and beverage industry generated a revenue of approximately USD 280 billion in 2021. Moreover, the increased health awareness amongst people, post the COVID-19 pandemic, is estimated to boost the market growth.