The Infinium Global Research analyzes the Grain Protectants Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global grain protectants market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of grain protectants. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the grain protectants market during the period. The global grain protectants market is projected to grow at a CAGR of 4.5% over the forecast period of 2019-2025.
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Increasing Cases of Decreased Crop Productivity Due to Pest, Bacterial or Viral Infections are the Major Factor Driving the Growth of the Market
The grain protectant market is expected to grow with a healthy rate in the forecast period. Increasing cases of decreased crop productivity due to pest, bacterial or viral infections are the major factor driving the growth of the market. Rapidly changing environmental conditions and increased pollution levels causing the rise in bacterial and fungal infections that in turn is boosting the demand for pesticides globally.
Furthermore, growing research and development activities for the manufacturing of efficient grain protectant is also contributing to the growth of the market, on the other hand, lack of knowledge about the proper uses of grain protectants in developing and low-income countries can hamper the growth of the market. However, the rising need for effective grain protectants globally would provide better opportunities for the grain protectants market.
Segmentation of the Grain Protectants Industry
Grain protectants market is segmented based on the control method, grain type, and target pest. Based on the control method, the market further segmented into biological, chemical and physical methods. The chemical control method dominates the segment owing to the high effectiveness compared to physical and biological control. The chemical control method segment further characterized into insecticides, fumigants, and rodenticides.
Furthermore, the physical method segment further divided into traps & baits, aeration, and heat treatment. While the biological method sub-segmented into microbial and botanical. Based on target pest the market can be segmented into rodents, insects, and others. Among these, the insect segment further classified into weevils, grain borers, moths and beetles. The grain type segment can be segmented into corn, wheat, rice, and others.
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North America Holds the Largest Share of the Grain Protectants Market
Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and RoW. North America holds the largest share of the grain protectants market. Increasing demand for food safety is one of the major reasons for the growth of the market in this region. The market in the Asia Pacific is expected to grow with a higher rate in the forecast period. Large agriculture zone and rising concern about food safety especially in countries like India and China are fuelling the growth of the market. The market in Europe is expected to grow at a steady rate. Rising concerns about food safety, increasing food demand and government initiatives for the betterment of agriculture field are some of the reasons contributing to the growth of the market.
Key Players in the Grain Protectants Industry
Key players in the market are Bayer AG, Sumitomo Chemical Co., Ltd., BASF SE, Nufarm, UPL Limited, Syngenta AG, FMC Corporation, Degesch America, Inc, Arysta LifeScience Corporation, Central Life Sciences and others. Bayer AG, Sumitomo Chemical Co., Ltd., BASF SE, Nufarm and UPL Limited dominates the grain protectants market.
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- Comprehensive analysis of global as well as regional markets of the Grain Protectants.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
