Blog Information
- Posted By : dean ambrose
- Posted On : Jun 27, 2023
- Views : 75
- Category : Technology
- Description : The global stored grain insecticide market size reached US$ 260.66 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 341.95 Million by 2028, exhibiting a growth rate (CAGR) of 4.54% during 2023-2028.
Overview
IMARC Group, a leading market research company, has recently releases report titled “Stored Grain Insecticide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global stored grain insecticide market size, share, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the stored grain insecticide market?
Report Attributes
Details
Market Size in 2022
US$ 260.66 Million
Market Forecast in 2028
US$ 341.95 Million
Growth rate (2023 to 2028)
CAGR of 4.54%
Base Year of the Analysis
2022
Forecast Period
2023-2028
What is stored grain insecticide?
Stored grain insecticides are agricultural solutions commonly employed to safeguard stored grains from pests during the post-harvest period. These insecticides, which encompass contact and fumigant pesticides, play a crucial role in controlling and protecting various grains. Organophosphates, bio-insecticides, and pyrethroids are among the commonly utilized types. Farmers rely on these insecticides during the development, processing, and maturation stages of seeds, as they effectively mitigate the risk of pests infesting crops, thereby minimizing both quantitative and qualitative losses.
It is important to note that the use of these insecticides can have certain negative impacts on stored grains. They may reduce the nutritive values, protein content, and germination capacity of the grains. Consequently, stored grain insecticides are often applied in conjunction with other chemical treatments in on-farm and off-farm operations to protect various types of grains, including wheat, millet, barley, dried beans, paddy, corn, and cereals, from infestations. The aim is to ensure the preservation of grain quality and prevent pest-related damage.
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What are the growth prospects and trends in the stored grain insecticide?
The increasing focus on minimizing post-harvest losses is a key driver of the stored grain insecticide market. The adoption of various pest management solutions, such as biological control, rodenticide traps, and heat treatments, is also contributing to market growth. Farmers are increasingly turning to stored grain insecticides as an effective approach to prevent pests from accessing stored grains, which is further stimulating market expansion.
Furthermore, the introduction of advanced grain storage silos with high-tech features, which can help mitigate supply chain disruptions, and the implementation of favorable policies by government bodies to promote technological advancements in the agricultural sector are positively impacting the global market. Additionally, the rising concerns among farmers regarding food storage and preservation are expected to drive the stored grain insecticide market in the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Product Type Insights:
- Organophosphate
- Pyrethroids
- Bio-Insecticides
- Others
Application Insights:
- On Farm
- Off Farm
- Export Shipment
Breakup by Geography:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Bayer AG
- Central Life Sciences
- Corteva AgriScience
- Degesch America Inc.
- Douglas Products
- Hedley Technologies
- Nufarm Limited
- Syngenta AG
- UPL Limited
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=7062&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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