Top 10 Global Agricultural Fumigants Trends for 2024 – Spherical Insights & Consulting
According to a research report by Spherical Insights & Consulting, the global agricultural fumigants market is projected to expand from USD 2.27 billion in 2021 to USD 3.74 billion by 2030, with a compound annual growth rate (CAGR) of 5.4% over the forecast period. The market growth is driven by several factors, including rising consumer demand for improved agricultural product quality, evolving farming practices, and advancements in storage technologies.
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Fumigation, a common agricultural practice, involves applying pesticide gas to the soil or air to eradicate pests. This pest control technique not only kills pests but also inhibits their growth. It targets soil pathogens such as weeds, fungi, and nematodes, fostering optimal crop development. Fumigants are highly effective in reaching pests and are used in both pre-harvest and post-harvest stages. Common agricultural fumigants include phosphine, 1,3-dichloropropene, chloropicrin, methyl bromide, metam sodium, and others.
Browse key industry insights spread across 200 pages with 130 market data tables and figures & charts from the report on "Global Agricultural Fumigants Market Size, Share, and COVID-19 Impact Analysis, By Products (Chloropicrin, Dimethyl Disulfide, Phosphine, Others), By Application (Soil, Warehouses), By Form (Solid, Liquid, Gas), By Pest Control Method (Tarpaulin, Non-Tarp, Vacuum), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030."
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The chloropicrin segment is projected to experience the fastest growth in the market during the forecast period.
Based on product type, the global agricultural fumigants market is categorized into chloropicrin, dimethyl disulfide, phosphine, and others. Among these, the chloropicrin segment is expected to grow at the highest CAGR, driven by its multifunctional capabilities in controlling a wide range of pests, including nematodes, weeds, insects, bacteria, and soil-borne fungal diseases, while leaving no residue on agricultural produce.
The warehouse segment is expected to witness the highest growth in the market during the forecast period.
By application, the global agricultural fumigants market is divided into soil and warehouses. The warehouse segment is anticipated to grow the fastest, due to the increasing use of pest control techniques to eliminate, repel, or manage pests like insects, nematodes, and other organisms that damage stored food and infrastructure. The rising incidence of severe pest infestations in warehouses has boosted the demand for agricultural fumigants in this segment.
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The liquid segment is expected to dominate the market during the forecast period.
Based on form, the global agricultural fumigants market is divided into solid, liquid, and gas. The liquid segment is projected to hold the largest market share throughout the study period. Liquid fumigants, commonly used to eliminate molds, insects, and pests, are typically applied using standard sprayers over the targeted area. The volume of liquid to be dispersed is determined by the applicator, allowing for precise application based on the specific needs of the land.
North America commands the largest share of the global agricultural fumigants market.
North America is a key agricultural hub, holding the largest market share for agricultural fumigants. This is largely due to increasing farmer awareness about the need for effective crop protection against pests to minimize commodity losses. Recent stringent regulations have prompted farmers and agricultural organizations to seek viable alternatives to methyl bromide and chloropicrin. In the United States, alternatives such as phosphine, carbonyl sulfide, and sulfuryl fluoride are being tested, as they offer a lower environmental impact compared to methyl bromide.
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Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the Global Agricultural Fumigants Market based on the below-mentioned segments:
Global Agricultural Fumigants Market, By Products
Global Agricultural Fumigants Market, By Application
Global Agricultural Fumigants Market, By Form
Global Agricultural Fumigants Market, By Pest Control Method
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Global Agricultural Fumigants Market, Regional Analysis
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