The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Grain Fumigants Global Market Report 2023, the grain fumigants market is expected to show significant growth in the forecast period.

Key insights from the grain fumigants market forecast include:

1. Market Size

The global grain fumigants market is expected to grow from $1.68 billion in 2022 to $1.77 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The global grain fumigants market size is expected to reach $2.16 billion in 2027 at a CAGR of 5.1%. Asia-Pacific was the largest region in the grain fumigants market in 2022.

2. Major Driver

Consumer demand for grains is increasing, which will contribute significantly to the future growth of the grain fumigants industry. According to a report released in February 2023 by the Centre for the Promotion of Imports from Developing Countries (CBI), a Netherlands-based government agency that shares information on key European Union market developments with exporters in developing countries, the value of European grain imports increased from $20.86 million in 2020 to $23.81 million in 2021. As a result, increased grain demand will drive the grain fumigants industry.

View More On The Grain Fumigants Market Report 2023 – https://www.thebusinessresearchcompany.com/report/grain-fumigants-global-market-report

3. Key Trend

Product developments are the most popular trend in the grain fumigants market. To maintain their market position, major grain fumigants businesses are focusing on developing innovative products. For example, Bayer Malawi Ltd., a Malawi-based company that provides a whole agricultural production service, will debut K-Obiol, a crop protection product during storage, in July 2022. This product protects maize from the grain borer (Nankafumbwe) for up to 6 months, providing farmers with the best value on the market. For up to 6 months, the grain borer (Nankafumbwe) employs cutting-edge technology that has been tried and proven around the world. A single 200-gram bottle may protect six bags, each weighing 50 kilogrammes, for an entire six-month period.

4. Major Players

Major players in the food diagnostics market are UPL Limited, Corteva Agriscience, Solvay, Detia Degesch GmbH, Douglas Products, ECOTEC Fumigation, Noble Crop Science, Rollins Inc., Royal Group, BASF SE, Shenyang Fengshou, Jining Shengcheng, National Fumigants, Schelkovo Agrohim, and Jaffer Group.

5. Top Market Segments

The global grain fumigants market is segmented –

1) By Product Type: Methyl Bromide, Phosphine, Sulfuryl Fluoride, Other Products

2) By Crop Type: Fruits And Vegetables, Cereals And Grains, Oilseeds And Pulses, Other Crop Types

3) By Application: Residential, Commercial

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The Grain Fumigants Global Market Report 2023  provides an in-depth analysis on the grain fumigants market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the grain fumigants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Grain Products Global Market Report 2023
Grain Farming Global Market Report 2023
Grain Processing Equipment Global Market Report 2023

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