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Grain Fumigants Market Growth to be Driven by Emerging Trends | $2.45 Billion by 2029
Grain Fumigants
What is the Projected Market Size of the Grain Fumigants Industry?
In recent times, there has been a continuous growth in the size of the grain fumigants market. An increase from $1.85 billion in 2024 to $1.91 billion in 2025 is projected, which is a compound annual growth rate (CAGR) of 3.3%. The past growth trend can be linked to pest control methods, the internationalization of agricultural trading, the creation of fumigant compounds, the enlargement of grain storage capacities, along with the issues of pest resistance.
What Will Be the Size of the Grain Fumigants Market by 2029?
In the coming years, the grain fumigants market is predicted to experience substantial growth. The market size is slated to reach $2.45 billion by 2029, with a compound annual growth rate (CAGR) of 6.5%. This growth during the forecast period can be ascribed to factors such as an increase in global food demand, heightened regulatory adherence, environmental sustainability, expansion of global trade, and a rise in post-harvest losses. The forecast period will see notable trends such as increased research and development initiatives, a preference for solutions without residues, focus on food safety and quality, the emergence of pest strains resistant to existing solutions, and an increased demand for post-harvest pest control.
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What Are the Key Drivers Accelerating Growth in the Grain Fumigants Market?
The rising consumer demand for grains is playing a significant role in propelling the grain fumigants market's progression. Grains denote the seeds or fruits of various food plants such as cereal grasses and other commercially, legally used plants. Grain fumigants serve the purpose of preventing insect and rodent infestations in stored grains intended for future use. Consequently, demand surge for grains is set to bolster the grain fumigants market growth. For instance, the Centre for the Promotion of Imports from developing countries (CBI), a Netherlands-based governmental agency that informs developing country exporters about crucial European Union market developments, reported in February 2023 that the worth of European grain imports had gone up to $23.81 million in 2021. Thus, the elevated demand for grains is predicted to promote the expansion of the grain fumigants market.
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How Is the Grain Fumigants Market Segmented by Type, Application, and Region?
The grain fumigants market covered in this report is segmented -
1) By Product Type: Methyl Bromide, Phosphine, Sulfuryl Fluoride, Other Products
2) By Crop Type: Fruits And Vegetables, Cereals And Grains, Oilseeds And Pulses, Other Crop Types
3) By Application: Residential, Commercial
Subsegments:
1) By Methyl Bromide: Commodity Fumigation, Structural Fumigation, Quarantine And Pre-Shipment Treatment
2) By Phosphine: Solid Phosphine Tablets, Gas Phosphine, Phosphine Generators
3) By Sulfuryl Fluoride: Structural Fumigation, Commodity Fumigation, Insect Control In Food Storage
4) By Other Products: Carbon Dioxide, Nitrogen, Essential Oils Fumigants, Other Fumigant Products
What Are the Key Trends Driving Growth in the Grain Fumigants Market?
The primary trend emerging in the grain fumigants market revolves around product innovation. Companies that are major players in this market are concentrating on creating novel products to secure their market position. For example, Bayer Malawi Ltd., an organization from Malawi delivering comprehensive agricultural services, introduced K-Obiol in July 2022. This is a product that protects crops during storage, specifically safeguarding maize from the grain borer (Nankafumbwe) for a maximum of six months, offering the best value in the market. The grain borer (Nankafumbwe) technique that engages advanced technology has been globally tested and certified. A single 200-gram bottle can provide protection for six 50-kilogram bags for a full half-year cycle.
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Who Are the Leading Companies Driving Growth in the Grain Fumigants Market?
Major companies operating in the grain fumigants market include UPL Limited, Corteva Agriscience Inc., Solvay S.A., Detia Degesch GmbH, Douglas Products Ltd., ECOTEC Fumigation Services LLC, Noble Crop Science LLC, Rollins Inc., Royal Group of Companies, BASF SE, Shenyang Fengshou Fumigation Co. Ltd., Jining Shengcheng Fumigation Co. Ltd., National Fumigants Inc., Schelkovo Agrohim LLC, Jaffer Group of Companies, Syngenta AG, AMVAC Chemical Corporation, Trinity Manufacturing Inc., Bayer CropScience AG, The Dow Chemical Company, Great Lakes Solutions LLC, Arkema S.A., Nippon Chemical Industrial Co. LTD., DEGESCH America Inc., MustGrow Biologics Corp., Imtrade CropScience Inc., The Draslovka Group a.s., Fumigation Service & Supply Inc., IFC Solutions Inc., Ocrim S.p.A., Reddick* Fumigants LLC, Trical Inc., TriEst Ag Group Inc., VFC Industrial Fumigation Company, Ikeda Kogyo Co. Ltd., Industrial Fumigation Company, Isagro SpA
Which Is the Leading Region in the Global Grain Fumigants Market?
Asia-Pacific was the largest region in the grain fumigants market in 2024. The regions covered in the grain fumigants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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