Agricultural Fumigants Market Trends

Agricultural Fumigants Market Overview

Agricultural Fumigants Market Size was valued at USD 2.0  billion in 2023. The agricultural fumigants market industry is projected to grow from USD 2.088 Billion in 2024 to USD 2.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.74 % during the forecast period (2024- 2032). Increasing crop damages due to transportation and increasing side-effects on crops are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Agricultural Fumigants Market Trends

• Post-harvest food losses drive market growth.

Post-harvest food losses are driving the market CAGR for agricultural fumigants. Reduced post-harvest food losses are an important component of guaranteeing food security. Agricultural items that are freshly harvested undergo alterations during handling, resulting in post-harvest losses. Post-harvest losses can be avoided by fumigating for post management. For example, ammonia gas fumigation inhibits orange fruit rot after harvest. Postharvest green mould and blue mould produced by Penicillium digitatum and Penicillium italicum are effectively controlled by fumigating lemons and oranges with ammonia gas. As a result, fumigation aids in the prevention of post-harvest losses and the preservation of agricultural product quality.

In addition, a rapidly growing global population has increased food consumption enormously, necessitating the introduction of new farming practices. This has had a considerable impact on agricultural fumigant demand, which protects agricultural crops from pests. Furthermore, the need for fumigants has expanded in step with the expansion of agricultural production throughout the years. Fumigation is presently the most prevalent method of insect management on farms, and it is used at all levels of the supply chain for grains and oilseeds. Fumigation is one of the most popular strategies for reducing bug infestations in farm storage and silos while avoiding pest resistance development. Legislative limits limit the active compounds available for storage to a limited number of fumigants and insecticides. Fumigation with methyl bromide (MB) is an effective strategy for reducing the phytosanitary risk posed by items.

Agricultural Fumigants Type Insights

Agricultural Fumigants Form Insights

The Agricultural Fumigants Market segmentation, based on form, includes solid, liquid, gas.  The liquid category has attained the highest market share, followed by the gaseous form owing to its safe application and bulk usage for all agricultural commodities. The disbursement volume of solvent is at the discretion of the applicator. The solid form uses powder, pellets, and tablets to control insects and other pests. It is also considered comparatively safer for the environment in most regions across the globe.

Agricultural Fumigants Application Insights

The Agricultural Fumigants Market segmentation, based on application, includes soil, warehouse. The warehouse category is likely to be the fastest expanding segment in the market throughout the forecast period. Pest management methods are used to kill, repel, or inhibit insects, nematodes, and other pests that cause damage to infrastructure and stored food in warehouses. Because of the significant insect infestation in warehouses, the agricultural fumigants business has begun to gain traction.

Figure1: Agricultural Fumigants Market, by Application, 2022 & 2032 (USD billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Agricultural Fumigants Regional Insights

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America has the largest agricultural fumigants market due to farmers' rising knowledge of the significance of crop protection against insects and other pests in order to prevent agricultural commodity losses. Farmers and other agricultural organizations are looking for suitable alternatives to methyl bromide and chloropicrin due to rigorous rules enforced by several agencies in recent years. Alternatives such as phosphine, carbonyl sulphide, and sulfuryl fluoride have been tested in the United States.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: AGRICULTURAL FUMIGANTS MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe’s agricultural fumigants market accounts for the second-largest market share due to growing agriculture industry, and large land areas are available that lead to maximizing crop production. Further, the German agricultural fumigants market held the largest market share, and the UK agricultural fumigants market was the fastest-growing market in the European region

The Asia-Pacific Agricultural Fumigants Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to growing demand for agricultural fumigants with rising warehouses in countries. Moreover, China’s agricultural fumigants market held the largest market share, and the Indian agricultural fumigants market was the fastest-growing market in the Asia-Pacific region.

Recent News:

MustGrow Biologics Corp. announced in October 2023 that the USDA National Organic Program has granted organic compliance certification to its TerraSanteTM crop fertilizer and soil amendment technology. TerraSanteTM has been granted OMRI Listed® status in the subsequent generic material listings: NOP: Class: Crop Fertilizers and Soil Amendments; Plant Extracts. Organic certification from the Organic Materials Review Institute (OMRI) (www.omri.org) could potentially enable producers to satisfy the expanding market demand for organic biological products while reducing their use of synthetic chemicals and fertilizers. The OMRI approval process encompasses a rigorous evaluation of the composition of product ingredients and adherence to manufacturing compliance standards that are mandatory for organic production. TerraSanteTM shall bear the labeling "OMRI listed for organic use" pending final registration and product certification by state agencies in the United States.

Nissan Chemical Corporation and Godrej Agrovet Limited (GAVL) have partnered for the October 2023 launch of Rashinban, an innovative pest control product designed for chili cultivators. For its holistic efficacy, Rashinban is specifically recommended for the active flowering stage of chili plants. In conjunction with our current offerings of Hanabi and Gracia, the incorporation of Rashinban into our portfolio will empower us to cater to the complete value chain of the chilli crop. Presently, the organization is importing the item en masse from Japan and assembling it in this location. It owns the product's exclusive rights within the nation.

Agricultural Fumigants Key Market Players & Competitive Insights

Leading market players are investing heavily in R&D in order to expand their product lines, which will help the agricultural fumigants market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, agricultural fumigantsindustry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global agricultural fumigants industry to benefit clients and increase the market sector. In recent years, the agricultural fumigants industry has offered some of the most significant advantages to medicine. Major players in the agricultural fumigants market, including Solvay (Belgium), Merck KGaA (Germany), FMC Corporation (U.S.), Anhui Guangxin Agrochemical Co., Ltd. (China), UPL (India), Rentokil Initial plc (U.K.) and others, are attempting to increase market demand by investing in R&D operations.

UPL Limited, formerly United Phosphorus Limited, is an Indian multinational corporation that makes and sells pesticides as well as agrochemicals, industrial chemicals, chemical intermediates, and speciality chemicals.[4] The corporation, headquartered in Mumbai, Maharashtra, is involved in both agro and non-agro industries. The company's principal source of revenue is agro-business, which includes the production and distribution of conventional agrochemical products, seeds, and other agricultural-related items. Manufacturing and marketing of industrial chemicals and other non-agricultural items such as fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial & specialized chemicals, and nutrifeeds are included in the non-agro category. UPL items are available for purchase. In June 2022, UPL Limited, a global provider of sustainable agricultural solutions, announced the launch in India of new pesticides containing the patented active ingredient Flupyrimin and tailored to target the most harmful rice pests. The launch will occur during the Kharif crop sowing season, which normally begins in June, with rice being the most significant crop sown during this time.

SGS is a multinational Swiss corporation based in Geneva that provides inspection, verification, testing, and certification services. Its 97,000 people run a global network of 2,650 offices and laboratories. SGS's core services include inspecting and verifying the quantity, weight, and quality of traded goods, testing product quality and performance against various health, safety, and regulatory standards, and ensuring that products, systems, or services meet the requirements of standards set by governments, standardization bodies, or SGS customers. In December 2019, SGS SA sold its pest management and fumigation operations in Belgium and the Netherlands to Anticime for a total purchase price of CHF 68 million, resulting in a CHF 63 million gain on disposal.

Key Companies in the agricultural fumigants market include

• Arkema, (France)


• Syngenta (Switzerland)


• ADAMA (Israel)


• Trinity Manufacturing, Inc. (U.S.)


• Bayer AG (Germany)


• Solvay (Belgium)


• Merck KGaA (Germany)


• FMC Corporation (U.S.)


• Anhui Guangxin Agrochemical Co., Ltd. (China)


• UPL Limited (India)


• Rentokil Initial plc (U.K.)


• Chemtura Corporation (U.S.)


• DAI (U.S.)


• AMVAC Chemical Corporation (U.S.)

Agricultural Fumigants Industry Developments

In January 2021 UPL formed a strategic alliance with TeleSense to introduce monitoring solutions for post-harvest commodity transport and storage. This will facilitate progress toward food wastage by detecting and mitigating potential issues such as hotspots, excess moisture, and pests. This will complement the company's robust range of gas monitoring, safety, and detection devices as well as fumigants.

 In November 2020 MustGrow secured an exclusive patent licensing from the University of Idaho for the fumigation of stored vegetables and grains.

In September 2019 The Australia-China Joint Centre for Postharvest Grain Biosecurity and Quality Research entered a partnership to focus on finding new and improved ways to minimize losses in stored grain through the development of non-chemical controls.

Agricultural Fumigants Market Segmentation

Agricultural Fumigants Market By Type Outlook

• Phosphine


• Methyl Bromide


• Chloropicrin


• Metam Sodium


• 1,3 Dichloropropene


• Others

Agricultural Fumigants Market By Form Outlook

• Solid


• Liquid


• Gas

Agricultural Fumigants Market By Application Outlook

• Soil


• Warehouse

Agricultural Fumigants Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  • Rest of the World
  
  
  
  


• Middle East
  
  
  
  • Africa
  
  
  • Latin America