A recent report published by Infinium Global Research on grain protectants market provides in-depth analysis of segments and sub-segments in the global as well as regional grain protectants market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional grain protectants market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global grain protectants market. According to the report, the global grain protectants market is projected to grow at a CAGR of 4.5% over the forecast period of 2019-2025.
Market Insight
Grain protectants are important substances used to improve the shelf life of the grain. From the harvesting to the storage of grains, it is important to take care of few things, such as protection from pest, fungus and bacterial growth within the grain. Grain protectants help to protect grains from such infections and improve the life and quality of the grains. Well, protected grains can be stored for a long time or transported to another region. Grain protectants are used depending upon the regional government policies, which negatively impact on the consumption of the grain protectants.
Growing cases of decreased crop productivity owing to pest, bacterial or viral infections is one of the major factors driving the growth of the market. Changing environmental conditions and increasing pollution levels are causing the rise in bacterial and fungal infections that in turn is boosting the demand for pesticides globally. Moreover, increasing research and development activities for the production of efficient grain protectant is also contributing to the growth of the market. On the other hand lack of knowledge about the proper uses of grain protectants in developing and low-income countries and increasing resistant against pesticides can hamper the growth of the market. However, the growing need for effective grain protectants globally would provide better opportunities for the grain protectants market.
Geographically, the market is classified into North America, Europe, Asia-Pacific, and RoW. Among these, North America dominates the grain protectants market. Increasing demand for food safety is one of the major reasons for the growth of the market in this region. The market in the Asia Pacific is projected to grow with a higher rate in the forecast period. Large agriculture zone and rising concern about food safety especially in countries like India and China are fuelling the growth of the market. The market in Europe is expected to grow at a steady rate. Rising concerns about food safety, increasing food demand and government initiatives for the betterment of agriculture field are some of the reasons contributing to the growth of the market.
Segment Covered
The report on global grain protectants market covers segments such as control method, grain type, and target pest. On the basis of control method, the sub-markets include biological, chemical, and physical. On the basis of grain type, the sub-markets include corn, wheat, rice, and other grain types. On the basis of target pest, the sub-markets include rodents, insects, and other target pests.
Companies Profiled:
The report provides profiles of the companies in the market such as Bayer AG, Sumitomo Chemical Co., Ltd., BASF SE, Nufarm, UPL Limited, Syngenta AG, FMC Corporation, Degesch America, Inc., Arysta LifeScience Corporation, Central Life Sciences, and Other companies.
Report Highlights:
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of grain protectants market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
