According to TechSci Research report, “Agricultural Fumigants Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Agricultural Fumigants Market stood at USD 2.45 Billion in 2022 and is anticipated to grow with a CAGR of 4.81% in the forecast period, 2024-2028. The Global Agricultural Fumigants Market is driven by growing demand for higher agricultural yield due to the increasing population globally. Additionally, the rising instances of pest attacks on crops necessitate the use of fumigants, further driving the market. Government initiatives to promote agricultural practices and advancements in technology in the field of pest control also contribute to the market growth. However, stringent regulations regarding fumigant usage and growing environmental concerns may restrict the growth of the market.
The global agricultural fumigants market is experiencing substantial growth driven by increasing agricultural production and rising food security concerns. Fumigants, which are chemical substances used for pest control, soil disinfection, and post-harvest applications, play a crucial role in combating a wide range of pests such as insects, nematodes, and pathogens. By effectively eliminating these pests, fumigants contribute to preserving crop yields and ensuring food safety.
In addition to their pest control properties, fumigants are also gaining recognition for their ability to enhance the shelf-life of stored agricultural products. This is particularly important in reducing post-harvest losses and improving the overall quality of produce. As consumer demand for fresh and high-quality food continues to rise, the use of fumigants becomes increasingly essential in maintaining product integrity and extending the shelf-life of perishable goods.
Furthermore, the agricultural industry is witnessing advancements in eco-friendly fumigants and integrated pest management practices. These innovations aim to minimize the environmental impact of fumigants while maximizing their efficacy in pest control. By adopting sustainable and integrated approaches, farmers and agricultural practitioners can effectively manage pests while minimizing harm to the environment and promoting long-term agricultural sustainability.
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Overall, the future of the global agricultural fumigants market looks promising, driven by the increasing adoption of eco-friendly solutions and the growing emphasis on integrated pest management practices. As the world continues to face challenges in food security and sustainable agriculture, the role of fumigants in ensuring crop protection and post-harvest preservation will remain crucial for the agricultural industry's growth and development. As technology advancements continue, new and innovative fumigant formulations are expected to emerge, further enhancing the effectiveness and environmental sustainability of pest control practices in agriculture. With continuous research and development, the field of fumigants is poised to evolve and contribute significantly to the global agricultural landscape.
The Global Agricultural Fumigants Market is segmented into product type, crop type, form, function, application, pest control method, regional distribution, and company.
Based on form, in the global agricultural fumigants market, the liquid form of fumigants dominates the industry. This dominance can be attributed to various factors that make liquid fumigants highly preferred by farmers and agricultural businesses. One key advantage of liquid fumigants is their convenience of application. Farmers find it easier to apply liquid fumigants, which saves time and effort during the pest control process. Moreover, liquid fumigants offer effective pest control, ensuring the comprehensive extermination of pests and diseases. Their ability to infiltrate the soil more thoroughly enables them to reach pest hiding places, thereby safeguarding crop health and maximizing yield.
In addition to their convenience and effectiveness, liquid fumigants are known for their ease of handling and storage. Farmers appreciate the simplicity of the application process, as it minimizes the risk of mishandling or accidents. The ease of storage also contributes to the popularity of liquid fumigants, as farmers can manage their inventory more efficiently. Overall, liquid fumigants have a proven track record in pest management and play a crucial role in ensuring the productivity and sustainability of agricultural practices worldwide. Their dominance in the market is a testament to their effectiveness and the trust placed in them by farmers. Based on region, North America stands at the forefront of the Global Agricultural Fumigants Market for several compelling reasons.
This region boasts highly advanced farming practices, leveraging cutting-edge technologies and innovative techniques to optimize crop production. With a well-established agricultural industry, North America benefits from a robust infrastructure, extensive research and development capabilities, and a skilled workforce dedicated to agricultural excellence. Moreover, the government in North America provides steadfast support for crop protection, offering comprehensive policies and initiatives that safeguard agricultural yields. This unwavering commitment to crop protection ensures the resilience and sustainability of the agricultural sector in the face of pests and diseases, which are prevalent in the region.
Furthermore, the increasing global demand for high-quality agricultural products further reinforces the significance of agricultural fumigants in North America. By effectively mitigating the risks posed by pests and diseases, agricultural fumigants enable farmers to deliver premium-quality crops that meet the stringent requirements of discerning consumers worldwide. In recent years, North America has also witnessed a significant shift towards sustainable farming practices.
The adoption of modern, environmentally-friendly farming methods further enhances the region's dominance in the agricultural fumigants market. By prioritizing sustainability and embracing eco-friendly alternatives, North American farmers uphold their commitment to responsible agriculture while continuing to meet the growing demand for food and agricultural products.
Major companies operating in Global Agricultural Fumigants Market are:
- BASF SE
- ADAMA Ltd.
- Dow Inc.
- FMC Corporation
- UPL Limited
- Degesch GmbH
- Nufarm Ltd.
- American Vanguard Corporation
- Nippon Chemical Industrial Co., Ltd.
- Arkema SA
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“The future of the global agricultural fumigants market appears extremely promising, reflecting the ever-increasing need for high-quality agricultural produce and the growing concerns over post-harvest losses worldwide. As modern farming practices continue to gain traction and awareness about soilborne diseases rises, the demand for efficient fumigants is expected to witness a significant surge. Moreover, with ongoing advancements in fumigant technology and the implementation of stringent food safety regulations, the agricultural fumigants market is poised for even greater growth in the foreseeable future.
These factors, combined with the continuous efforts to enhance crop protection and minimize yield losses, are expected to solidify the market's position and drive its expansion to new heights.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Agricultural Fumigants Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type (Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, 1, 3- Dichloropropene and Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others), By Form (Solid, Liquid and Gaseous), By Function (Nematicides, Insecticides, Fungicides, Herbicides), By Application (Soil and Warehouse), By Pest Control Method (Tarpaulin Fumigation, Non-Tarpaulin Fumigation by Injection, Structural Fumigation, Vacuum Chamber Fumigation and Others), By Region and Competition”, has evaluated the future growth potential of Global Agricultural Fumigants Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Agricultural Fumigants Market.
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