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Agricultural Disinfectant Market Overview and Scope for 2024 Explored in Latest Research
On the basis of premise of form, this market is segmented into powder and liquid. The liquid agricultural disinfectants is expected to expand at a 4.9% CAGR between 2016 and 2024. The land segment led the market for agricultural disinfectant and is anticipated to continue to expand at a rapid rate throughout the forecast period. On the basis of geography, the market is anticipated to witness fastest expansion in Asia Pacific, exhibiting a 5.6% CAGR from 2016 to 2024. In terms of end use, the market is led by livestock farms, followed by agricultural farms.
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Rising Emphasis on Routine Cleanliness to Fuel Demand for Agricultural Disinfectants
The growing emphasis on routinely cleanliness and the use of powerful disinfectants is boosting the demand for agricultural disinfectants. The rising need to sterilize or remove harmful organisms so as to ensure complete food security will drive the growth of the global agricultural disinfectants market. Advanced technological developments in agriculture making vertical farming and green house production of fruits and vegetables possible will also fuel the growth of the global agricultural disinfectants. The use of disinfectants on livestock will also bolster the demand for agricultural disinfectants. “The high increase in the consumption of meat is behind the growth of this market,” states a TMR analyst. Moreover, the growing incidences of diseases among the livestock population will boost the demand for agricultural disinfectants.
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The growing population and with it, the rising demand for food will boost the market’s growth as disinfectants assure crop protection. On the downside, the market is expected to witness resistance in terms of lack of knowledge on how to best use the disinfectants. The belief that agricultural disinfectants will also impact the plants will hamper the growth of the market. The cost of disinfectants could also be an issue among farmers from under-developed nations, especially those who are poor.
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