Global Liquid Agricultural Fumigant Market Size To Worth USD 2.16 Billion By 2033 | CAGR of 4.89%
Category: Chemicals & MaterialsGlobal Liquid Agricultural Fumigant Market Size To Worth USD 2.16 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Liquid Agricultural Fumigant Market Size is Expected to Grow from USD 1.34 Billion in 2023 to USD 2.16 Billion by 2033, at a CAGR of 4.89% during the forecast period 2023-2033.
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Browse key industry insights spread across 245 pages with 111 Market data tables and figures & charts from the report on the "Global Liquid Agricultural Fumigant Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, and Others), By Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, and Others), By Application (Soil, Warehouse, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/liquid-agricultural-fumigant-market
The global liquid agricultural fumigant market includes companies that manufacture, distribute, and apply liquid fumigants used in agriculture to control pests, soil-borne illnesses, nematodes, and weeds. These fumigants are necessary for pre-plant soil preparation, post-harvest storage, and quarantine procedures to ensure maximum crop yield and quality. Unlike solid or gaseous fumigants, liquid agricultural fumigants are sprayed into irrigation systems or directly into the soil, where they volatilize and form a protective barrier against harmful organisms. Furthermore, the market is being driven by rising global food demand, growing crop protection concerns, and the need for increased agricultural productivity. The transition to precision agriculture and sustainable farming practices has also influenced the development of environmentally friendly and less toxic fumigant formulations. Regulations governing chemical use, as well as environmental concerns about soil health and emissions, all have a significant impact on market growth. Key market players are focusing on innovations that will increase efficiency, reduce environmental impact, and meet safety standards. However, the market for liquid agricultural fumigants has numerous challenges and risks, one of which is the stringent regulatory environment.
The phosphine segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the product type, the liquid agricultural fumigant market is divided into methyl bromide, phosphine, chloropicrin, metam sodium, and others. Among these, the phosphine segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Phosphine fumigants penetrate deeply into stored agricultural products, ensuring complete pest eradication, which is critical for maintaining food quality and avoiding post-harvest losses.
The cereals & grains segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the crop type, the liquid agricultural fumigant market is divided into fruits & vegetables, cereals & grains, oilseeds & pulses, and others. Among these, the cereals & grains segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The high global consumption of staple crops like wheat, rice, and corn contributes to the increase. These crops are critical for food security, and their susceptibility to pest infestations during storage and transportation necessitates the use of effective fumigation methods.
The warehouse segment accounted for the majority of the share in 2023 and is estimated to grow at the fastest CAGR during the projected timeframe.
Based on the application, the liquid agricultural fumigant market is divided into soil, warehouse, and others. Among these, the warehouse segment accounted for the majority of the shares in 2023 and is estimated to grow at the fastest CAGR during the projected timeframe. Warehouse fumigation is a major application for liquid agricultural fumigants. It entails treating storage facilities to keep grains and other agricultural products pest-free. Effective warehouse fumigation protects crop quality while lowering economic losses due to pest damage.
Asia-Pacific is estimated to hold the largest share of the liquid agricultural fumigant market over the forecast period.
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Asia-Pacific is estimated to hold the largest share of the liquid agricultural fumigant market over the forecast period. China, India, and Indonesia have large farmlands and high agricultural outputs, increasing the demand for fumigants to protect crops from pests and ensure long-term storage. With a rapidly growing population, food security concerns are growing, necessitating increased use of fumigation solutions to reduce post-harvest losses and preserve grain quality. Furthermore, the growth of warehouse and storage facilities, aided by government initiatives, is driving up demand for effective pest control measures.
North America is predicted to have the fastest CAGR growth in the liquid agricultural fumigant market over the forecast period. The region has a well-established agriculture industry, with plenty of grain storage and a high demand for post-harvest pest control products. Growing concerns about food security, rising agricultural exports, and stringent regulatory standards are driving the adoption of advanced fumigation techniques. Major key players in the Liquid Agricultural Fumigant market include
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the liquid agricultural fumigant market based on the below-mentioned segments:
Global Liquid Agricultural Fumigant Market, By Product Type
- Methyl Bromide
- Phosphine
- Chloropicrin
- Metam Sodium
- Others
Global Liquid Agricultural Fumigant Market, By Crop Type
- Fruits & Vegetables
- Cereals & Grains
- Oilseeds & Pulses
- Others
Global Liquid Agricultural Fumigant Market, By Application
- Soil
- Warehouse
- Others
Global Liquid Agricultural Fumigant Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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