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Agricultural Bactericides Market Manufacturers Survey, Development, Market Analysis, Business Growth
Agricultural Bactericides Market Synopsis
Agricultural Bactericides are a group of pesticides used to fight bacterial and fungal infections in crops. The global Agricultural Bactericides Market is expected to garner a revenue of USD 12.5 billion by 2024 with a CAGR of 4.1% during the forecast period of 2019–2024.
Agriculture Bactericides are crop protectants used by the farmers in the agriculture produce. Bactericides comprise chemical or biological compounds that restrict bacterial infection and are extensively used for crop protection. Copper-based bactericides, amide bactericides, and dithiocarbamate bactericides are some of the commercial chemical agriculture bactericides widely available in the market.
With the change in climate, there has been a noticeable increase in the pest life cycle which is one of the major factors driving the Agriculture Bactericides Market both in developed and developing countries. The increasing population has escalated the demand for crop production. This has resulted in the demand for food security and crop damage caused by the bacteria, thereby propelling the market ...
... growth during the assessment period. Moreover, the growing demand for crop protectants from bacterial infection is estimated to foster the market growth at a global level. Also, acceptance of integrated pest management (IPM) by the crop cultivators is further fueling the market growth.
The major players operating the global market for agriculture bactericides are- BASF SE (Germany), Dow AgroSciences LLC (US), Sumitomo Chemical Co., Ltd (Japan), Bayer CropScience AG (Germany), FMC Corporation (US), Syngenta AG (Switzerland), Nufarm Limited (Australia), Nippon Soda Co., Ltd. (Japan), Adama Agricultural Solutions Ltd. (Israel), G.M. Biocides Private Limited (India), GREENCHEM BIOTECH (India), American Vanguard Corporation (US), PI Industries (India), Aries Agro Ltd. (India), and Biostadt India Limited (India) are some of the key players in the global agricultural bactericides market.
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The Agriculture Bactericides Market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
Among all the regions, the European region is considered to dominate the global agriculture bactericides market owing to the increasing demand for organic fruits and vegetables from the farmers. Also, Germany and the U.K. accounts for the high use of bactericides for the protection of fruits and vegetables from bacteria due to rising awareness associated with the benefits of using bactericides.
The North American region is estimated to exhibit a significant growth owing to the growing consumer awareness and demand for organic fruits, cereals, vegetables, and pulses in countries such as Canada and the U.S.
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