Stored Grain Protectants Market

According to Stratistics MRC, the Global Stored Grain Protectants Market is accounted for $663.24 million in 2021 and is expected to reach $997.27 million by 2028 growing at a CAGR of 6.0% during the forecast period. Prevention of food losses during storage after harvesting is important in terms of economy. Nowadays integrated pest management is a widely accepted strategy in pest control, which involves the use of chemical insecticides coupled with fumigants. The uses of synthetic fumigants are restricted because of the residue problem and health hazards to humans. Food grain losses are a serious problem, particularly in developing countries. Losses caused by insects include not only the direct consumption of kernels, but also the accumulation of cadavers, exuviae, and webbing. Insect damage can result in, reduction of rain weight, loss of nutrients, and decreased germination. It may also cause deterioration and contamination to the grain which in turn cause poorer gradation of grain and lower the market value. There are various types of methods available for pest control such as Chemical control which includes Insecticides, Fumigants, and Rodenticides, Physical control that includes Traps, Baits, Aeration, Heat Treatment, and Biological control. Chemical control is the most adopted pest control method across the globe. Among chemical control, air fumigants are most preferred by farmers as it leaves a minimum residue as compared to others.



Market Dynamics:

Driver:

Growing insect pest management in stored grain

Once cereal grain is harvested and put into storage, it provides a resource for a range of insect pests of stored grain. With few exceptions, these insects rarely attack grain in the field before harvest, but once the grain is in storage there is a degree of inevitability that insect infestation will occur. This means that methods are needed to either disinfest grain or to protect it from infestation during storage. Resistance to phosphine resistance and various insecticides, as well as the phase-out of methyl bromide as an ozone-depleting substance, continue to be major drivers for research on management of insects in stored products. Other research has focused on improving the basic understanding of various methods or ways of improving methods currently in use. Despite extensive research on a wide variety of chemical and non-chemical treatments, very few have been commercialized. Two examples are spinosad, which has been registered as a grain protectant, and sulfuric fluoride, which is now available as a grain fumigant. The interest in non-chemical treatments, especially aeration cooling, is encouraging. In general, integrated pest management is seen as the goal of entomologists, requiring the strategic integration of multiple methods to provide maximum effect with minimal health and environmental risks.

Restraint:

Post-harvest losses of grain

Post-harvest grain losses include all losses, starting from grain harvesting before it is used for consumption or other purposes. In most developing countries, especially in Sub-Saharan Africa, agricultural productivity is lower compared to developed countries. In addition to the lower agricultural productivity, post-harvest losses of cereals and legumes range from 20–30% in most developing countries around the world [6]. Losses could be in terms or the quantity and quality of grain, both of which significantly reduce the value. Quantitative losses occur due to spillage and scattering of grain, direct infestation by pests, birds and mycotoxins, or mechanical breakages, whereas qualitative losses are mainly due to infestation by mold, mycotoxins, and mechanical breakages. There are different factors associated with different forms and extents of post-harvest losses along the grain supply chain.

Opportunity:

Improvements in large-scale storage

The choice amongst the technical options to develop cost-effective packages of measures for well-integrated pest control cannot be made without reference to particular situations. As has been previously stressed, it is the storage management objectives, together with the technical and financial constraints, that must be identified and analyzed in each case. However, it is of interest that recent decades have seen a marked swing towards the use of physical barriers against re-infestation in combination with improved conventional fumigation or the introduction of controlled atmosphere storage techniques. The attainment of fully integrated pest management in large-scale storage will depend largely upon the development and adoption of improved pest-monitoring procedures, with increased capability for measuring pest population levels as a parameter of grain damage and quality loss, so as to ensure as far as possible the most cost-effective timing of pest control actions.

Threat:

Challenges in grain storage practices

Grain is usually stored for several months after harvest, which is much longer than other grain post-harvest steps. Also, the grain is minimally monitored during storage. Thus, proper grain storage conditions are needed to minimize grain losses. Factors that play a crucial role in storage losses can be classified as physical, biological, and socioeconomic. Physical factors influence the conditions for insect multiplication and mold growth during grain storage, which eventually affects the storability of the grain. Insects/pests and rodents are the major factors affecting grain quality and grain losses in developing countries. Mold formation in stored grain can produce different mycotoxins, which are toxic chemicals unsuitable for human consumption.

The corn segment is expected to be the largest during the forecast period

The corn segment is expected to hold the largest share in the market due to the demand for corn from the various food industries in developed countries like the U.S. Storing corn, even for a short time, requires a proactive defense against corn bugs that could lead to damaged grain and a reduced bottom line. A protectant insecticide should be applied to corn that is expected to be stored for greater than one year, and it should be applied only after high-temperature drying when the corn moisture is approximately 14% to 15%. For instance, Actellic 5E. This product has long been the standard for use on corn and grain sorghum. A full rate will provide protection from weevils for 9-12 months. Reducing the rate will decrease the longevity of the protection. UGA data suggest that Actellic is susceptible to heat degradation in the drier when grain temperatures exceed 120 F.

The wheat segment is expected to have the highest CAGR during the forecast period

The wheat segment is anticipated to witness the fastest CAGR growth during the forecast period. Biological control agents, such as predatory and parasitic insects, have limited use in stored wheat management. This is mainly due to inadequate availability and restrictions on the presence of all live insects in the wheat when it is sold. As wheat harvest is underway it is important to ensure that grain bins are prepared in the best possible manner to prevent insect infestations.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period due to the higher adoption of grain fumigants in the countries such as India, China, Vietnam, and Thailand. In addition, rain productions in these countries are higher in amount. The rising population and decreasing arable land have led to an increase in the demand for food security and food safety, globally. Additionally, the growing concerns of food grain damage and deterioration due to pest manifestations have led to the increased use of stored grain protectants for food grains in the region.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing to the growing concerns of food grain damage and deterioration due to pest manifestations have led to the increased use of grain protectants for food grains. Also, there is a high adoption of grain protection practices by large-scale farmers and presence of key manufacturers in the region. Additionally, the need to meet the standards while storing grains in warehouses is also boosting the sales of grain protectants in the region.



Key players in the market:

Some of the key players profiled in the Stored Grain Protectants Market include Arysta Lifescience, BASF, Bayer, Central Life Sciences, Degesch America, Dowdupont, FMC, Hedley Technologies, Nufarm, Sumitomo Chemical, Syngenta, and UPL.

Key Developments:

In April 2021, Central Life Sciences enhances Inselux Fog & Mill Spray, a fogging component, to its sector portfolio of stored-grain insect management solutions.

In April 2019, Nufarm Americas, Inc. has invented the Panther MTZ herbicide, which is designed to help growers manage weeds and provide long-lasting residual control that develops spring flexibility.

In April 2018, BASF signed agreement to acquire additional seeds and crop protection businesses and assets from Bayer. With this acquisition, BASF will become an even better partner for farmers by strengthening crop protection portfolio and entering the seeds business in key agricultural markets.
 
Products Covered:
• Chemical Control
• Physical Control
• Biological Control

Applications Covered:
• Corn
• Wheat
• Rice
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances