Commodity Fumigation Service Market valued at US $22.83 Billion in 2022 is to reach a value of US $22.83 Billion in 2030, growing at a CAGR of 4.4%.
Commodity Fumigation can be attributed to the increasing prevalence of pests and bugs in stockrooms and other harvest additional areas as a result of biotic and abiotic causes, awareness of crop assurance synthetic substances, and urbanisation in developing markets. Markets, for example, China and India, are among the major business sectors indicated by agricultural fumigants specialist organisations because of the continuous occurrence of post-collect calamities, which harm ranchers and other partners involved. These variables are prompting the district’s reception of rural fumigant administrations.
Factors driving the agricultural fumigants market include rapid technical improvements in the agricultural industry, growing worries about post-harvest losses, and a shift in sophisticated farming practises that have resulted in greater yields. The use of fumigants during storage aids in lowering storage loss. As a result, the demand for fumigants is predicted to rise because using fumigants is an effective and cost-effective technique of reducing post-harvest losses.
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Key Trends Of Global Commodity Fumigation Service Market:
Rising Adoption Of Digital Applications And Technology
The most crucial aspects of food safety in the global food supply chains is pest control. The changes in the way food are produced, distributed and sourced along with climate changes, have led to a heightened risk of food safety from pests.
Additionally, more rigid and inflexible regulations for food safety and changes in consumer demands are the key factors that are estimated to encourage food producers or manufacturers to find more efficient and sustainable ways to ensure food quality and safety.
Changes in consumer habits, such as online shopping, have led to an increase in the use of automation in the supply chain, which allows pests to thrive where there are few or no humans around to notice pest infestations or deter pests, such as rats and mice. Thus, pest control manufacturers are adopting greener and smarter pest control solutions.
Growth In Pest Resistance Against Chemical Compounds
Even though insects are effectively managed by the application of chemicals, these insect species can develop resistance to insecticides when exposed to a larger dose of these active ingredients frequently. For instance, flies are known to have developed high resistance against all types of insecticides due to the improper handling of pesticides.
According to the Center for Integrated Pest Management, over 600 species of pests have developed resistance to chemical compounds. This has encouraged the use of biocontrol products and alternative measures, including crop rotation, to prevent pests from building any resistance.
Segmental Analysis
Based On Pest Type:
- Insects
- Cockroaches
- Bedbugs
- Mosquitoes
- Flies
- Ants
- Bees
- Wasps
- Others
- Termites
- Rodents
- Wildlife
- Opossums
- Racoons
- Squirrels
- Moles
- Chipmunks
- Bats
- Birds
- Reptiles
- Mollusks
Based On Control Method:
- Chemicals
- Insecticides
- Rodenticides
- Pheromones
- Repellents
- Biological
- Microbial
- Plant-extracts
- Predatory Insects
- Mechanical
- Trapping
- Light Traps
- Adhesive Traps
- Malaise Traps
- UV Radiation
- Ultrasonic Vibrations
- Mesh Screens
- Software and Services
Based On Mode Of Application:
- Powder
- Sprays
- Traps
- Pellets
- Baits
Based On Application:
- Residential
- Commercial
- Livestock
- Industrial
- Non-commercial Institutes
- Storage and Transportation
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Competitive Landscape
The key service providers in this market include Terminix, Ecolab, Anticimex, Rollins Inc., Rentokil Initial Plc, and RATSENSE. The pesticide suppliers in the pest control market include Bayer CropScience, BASF, Syngenta AG, Sumitomo Chemicals Co. Ltd., Adama, FMC Corporation, Corteva Agriscience, PelGar International, and Bell Laboratories.
Frequently Asked Questions (FAQ):
- Which region is projected to account for the largest share in the agricultural fumigants market?
- What is the current size of the global agricultural fumigants market?
- How would COVID-19 impact the fluctuations in active ingredient raw material prices of chemical agricultural fumigants products?
- Which are the key players in the market, and how intense is the competition?
- What is the COVID-19 impact on the agricultural fumigants market?
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