(MENAFN- Ameliorate Digital Consultancy)
The market for agricultural fumigants is expected to expand at a CAGR of more than 2.8% from 2022 to 2032. The demand for agricultural fumigants is anticipated to increase over the course of the projection period as a result of increased food insecurity and a growing global demand for food grains and other agricultural commodities.
In the near future, market expansion is projected to be supported by growing awareness of the advantages of agricultural fumigants over conventional pest control techniques such organic pest control, physical pest control, and chemical use. Additionally, it is anticipated that in the near future, market participants would benefit from lucrative growth possibilities due to rising R&D investments in the development of novel fumigants and their formulations, as well as rigorous laws to restrict their consumption.
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Market Recent Trends
Increasing demand for precision agriculture: The increasing demand for precision agriculture is expected to fuel the demand for agricultural fumigants, as farmers are increasingly using them to protect their crops from pests. Growing awareness about the need for sustainable agriculture: With the growing awareness about the need for sustainable agriculture, the use of environmentally friendly fumigants like phosphine and methyl bromide is expected to increase, as they are considered to be more sustainable compared to other fumigants. Development of new fumigants: The development of new fumigants with improved efficacy and environmental safety is expected to boost the global agricultural fumigants market. Increasing use of fumigation in storage facilities: The increasing use of fumigation in storage facilities is also expected to fuel the growth of the global agricultural fumigants market. Growing demand for organic produce : The growing demand for organic produce is expected to drive the demand for agricultural fumigants, as they are used to protect organic crops from pests and diseases. Key Growth Drivers
With rising agricultural productivity, the need for fumigants has risen steadily throughout the years. To fulfil the increased demand for food, the United Nations Food and Agriculture Organization (FAO) predicts that agricultural output would increase by 70% by 2032. Cereal production is expected to reach 3,009 million metric tonnes by 2032. However, by 2032, agricultural crop consumption is predicted to be about 6,759 million metric tonnes.
As a result, demand for agricultural warehouses, storage technologies, and related items such as fumigants is likely to rise in the long run. Pests destroy the majority of crops in warehouses, and the use of fumigants reduces agricultural product losses. Therefore, this boosts the demand for the agricultural fumigants market across the world.
Market Titans
Arkema Group (France) Solvay group (Belgium) Eastman Chemical Company (U.S.) DEGESCH America, Inc. (U.S.) Reddick Fumigants, LLC (U.S.) Vietnam Fumigation J.S Company (Vietnam)
Industry Survey
By Type: Methyl Bromide Chloropicrin Phosphine Metam Sodium 1,3-Dichloropropene Others
By Form: By Crop Type: Cereals and Grains Oilseeds and Pulses Fruits and Vegetables Others
By Application : By Pest Control Method : Tarpaulin Fumigation Non-Tarp Fumigation Structural Fumigation Vacuum Chamber Fumigation Others
By Region : North America Asia-Pacific China Japan India South Korea Australia Indonesia Rest of APAC
Europe Germany France United Kingdom Italy Spain Russia Rest of Europe
Latin America Middle East and Africa
Key Highlights
Sales of Agricultural Fumigants In 2023 Competitive Analysis of Agricultural Fumigants Agricultural Fumigants and Analysis of Agricultural Fumigants Key Trends of Supply Side Analysis of Agricultural Fumigants Outlook of Agricultural Fumigants Insights of Agricultural Fumigants Analysis of Agricultural Fumigants Survey of Agricultural Fumigants Size of Agricultural Fumigants
A short viewpoint offered in the report elucidates the macro-economic aspects that influence the growth drivers of Agricultural Fumigants , which includes global GDP of Agricultural Fumigants growth rate, various industries growth rate, such as cosmetics, pharmaceuticals, food and others.
This newly published and insightful report compounds sheds light on key dynamics, Key Trends of Agricultural Fumigants and their impact on the overall value chain from Agricultural Fumigants to end-users, which are expected to transform the future of the Agricultural Fumigants sales.
Key Questions Covered in the Agricultural Fumigants Report
What will be the estimated size of the Agricultural Fumigants in 2023? At what rate will sales in the global Agricultural Fumigants grow until 2033? Which are the factors propelling the Agricultural Fumigants and in the Agricultural Fumigants? Which region will spearhead the growth in the global Agricultural Fumigants during 2023-2033? Which are the factors driving sales in the Agricultural Fumigants during the forecast period?
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