The agricultural fumigants market is estimated to be valued at USD 1.59 Billion and is projected to grow at a CAGR of 4.10% from 2017, to reach USD 1.94 Billion by 2022. The growth of this market can be attributed to the growing focus on increasing agricultural production, increase in focus on the reduction of post-harvest losses, and growing usage of fumigants for the production and storage of cereals. However, there are several region-specific regulations on the usage of agricultural fumigants by various governing bodies, which act as a restraint for the market growth. Additionally, accumulation of residue on grains, fruits, and proposed ban on methyl bromide are also expected to affect the market growth.
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Increase in focus on the reduction of post-harvest losses
Reduction of post-harvest food losses is a critical component for ensuring food security. Post-harvest losses arise from freshly harvested agricultural produce undergoing changes during handling. Post-harvest losses are a measurable reduction in foodstuffs and affect both quantity and quality. According to the UN DESA (United Nation Department of Economic & Social Affairs) report the global population is expected to reach 9.7 billion by 2050, further adding to global food security concerns. Thus, food availability and accessibility can be raised by increasing the production and reducing losses.
Post-harvest losses can be avoided by undertaking fumigation for pest prevention. For example, the decay of citrus post-harvest is controlled by ammonia gas fumigation. Post-harvest green mold and blue mold, caused by Penicillium digitatum and Penicillium italicum respectively, are effectively controlled by ammonia gas fumigation of lemons and oranges. This treatment does not harm oranges; however, it causes the tissue within previously injured areas on the crust of lemons to become darker in color. Fumigation of lemons with ammonia slightly accelerates the natural transition of the color of the crust from green to yellow. Thus, fumigation technology helps in preventing post-harvest losses to maintain the quality of agricultural commodities. In addition, fumigation also helps in the thorough cleaning of storage areas, silos, or warehouses. This is employed as a further preventative method in pre-harvest cleaning for the storage of grains.
Why the need for special permits and certifications for conducting pest control is posing challenges for the growth of the agricultural fumigants market?
Fumigation is a highly technical procedure that requires special permits and licenses from certified organizations. Operators must be certified in the category (or categories), and their primary occupation must be in the pest control business. No other license types, that is, pilots, advisors, dealer designated agents, dealers, brokers, and maintenance gardener pest control business are allowed to conduct field fumigations. The categories may be rodent control, termite and other wood-destroying organism control, lawn and ornamental pest control, and/or field and warehouse fumigation. When licensed pest control businesses undertake field fumigations, the work is supervised by a qualified applicator who possesses a special field fumigation license. For instance, the practice of pest control in Florida is strictly regulated under the provisions of the Structural Pest Control Act, Chapter 482, Florida Statutes (F.S.). This law is administered and enforced by the Department of Agriculture and Consumer Services in the State.
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North America is estimated to be the most lucrative market for agricultural fumigants
In 2017, North America is estimated to hold the largest share of the global agricultural fumigants market. The major drivers for this significant share are the influence of the growing demand for alternative pest control methods, strict government regulations regarding food safety, and wide product availability which further boosts the market growth. The North American market is driven by countries such as the US and Canada.
This report includes a study of the marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as the BASF (Germany), Syngenta (Switzerland), ADAMA (Israel), Dow Chemicals (US), and FMC (US). Other players include UPL (India), Degesch (US), Nufarm (Australia), American Vanguard (US), Nippon (Japan), Arkema (US), and Rentokil (UK).
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