Grain Protectants - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Grain Protectants Market is accounted for $630.20 million in 2020 and is expected to reach $1,074.73 million by 2028 growing at a CAGR of 6.9% during the forecast period. Factors such as rising concerns about damage and deterioration of food grains, decreasing arable land, and rising population are driving the market growth. However, the development of insect pest resistance is hampering the growth of the market.
Grain protectants are applied onto newly harvested grains which are intended for short-term or long-term storage. Protectants should be applied only once before they are stored. Application of protectants is a preventive measure as it offers protection against insect infestation for a period ranging from several months to more than a year.
Based on the target pest, the insects segment is anticipated to expand at a rapid pace during the forecast period which is attributed to the high amount of infestations and damages that occur in the storage spaces due to insects. By geography, North America is going to have high growth during the forecast period owing to the presence of numerous grain warehouses and grain processing plants.
Some of the key players profiled in the Grain Protectants Market include Dowdupont, BASF SE, Bayer AG, FMC Corporation, Syngenta AG, UPL Limited, Sumitomo Chemical Co Ltd , Bell Laboratories Inc, Neogen Corporation, Degesch America Inc, Hedley Technologies Ltd (Biosyent Inc) , Central Life Sciences , Arysta LifeScience Corporation, Liphatech Inc, Nufarm, Senestech Inc , Rentokil Initial PLC, and Impex Europa S.L.
Target Pests Covered:
• Other Target Pests
Control Methods Covered:
Grain Types Covered:
• Other Grain Types
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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