img

Global Stored Grain Protectants Market Size By Product Type (Biological, Chemical, Physical), By Application (On-Farm Storage, Off-Farm Storage, Export Shipments), And By Geographic Scope And Forecast


Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Stored Grain Protectants Market Size By Product Type (Biological, Chemical, Physical), By Application (On-Farm Storage, Off-Farm Storage, Export Shipments), And By Geographic Scope And Forecast

Stored Grain Protectants Market Size And Forecast

Stored Grain Protectants Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.

  • The Stored Grain Protectants Market is found to play a vital role in safeguarding harvested grains from various pests and ensuring food security. This is spurring demand to protect grains is expected to enable the Stored Grain Protectants Market witness significant growth in the coming years. Grain protectants, which are insecticides, are applied to the grain as it is loaded into the storage structure, ensuring contact with as many grain kernels as possible during its movement.
  • Prevention of food losses during storage after harvesting is considered important in terms of economy, with integrated pest management being widely accepted as a strategy in pest control, involving the use of chemical insecticides coupled with fumigants.
  • Synthetic fumigants are restricted due to residue problems and health hazards to humans, with food grain losses being a serious problem, particularly in developing countries, caused by insects consuming kernels, accumulating cadavers, exuviae, and webbing.
  • Various methods for pest control include chemical control, physical control, and biological control, with chemical control being the most adopted method globally, particularly air fumigants, such as phosphine, preferred by farmers for leaving minimal residue.

Global Stored Grain Protectants Market Dynamics

The key market dynamics that are shaping the Stored Grain Protectants Market include

Key Market Drivers

  • Rising Global Food Demand and Post-Harvest Losses Growing food production is necessitated by the increasing global population, while significant post-harvest losses due to pests, insects, and fungi remain. A crucial role in minimizing these losses is played by stored grain protectants, ensuring food security and maximizing agricultural yields.
  • Growing Awareness of Food Safety and QualityConcerns about the safety and quality of food are increasingly raised by consumers, driving demand for solutions that protect stored grains from contamination and maintain their nutritional value. Improved food safety is contributed to by stored grain protectants, which control infestations and prevent mycotoxin development.
  • Stricter Regulations and Trade Standards Stricter regulations on food safety and quality are being implemented by regulatory bodies worldwide, often requiring specific measures to prevent contamination during storage and transportation. Compliance with these regulations is facilitated by stored grain protectants, aiding producers and traders in smooth international trade.
  • Technological Advancements and Innovation New and improved stored grain protectants, such as bio-based solutions and smart monitoring systems, are being developed, offering more targeted and sustainable approaches to pest control. Investment attraction and market growth are driven by this continuous innovation.

Key Challenges

  • Balancing Efficacy with Safety and RegulationsChemical-based protectants are often highly effective, but concerns about their residues in food and environmental impact are leading to stricter regulations and consumer resistance. The challenge of finding alternatives like biological or physical methods that offer comparable efficacy while meeting safety and regulatory standards is emphasized.
  • Developing Resistance in PestsOverreliance on specific types of protectants can lead to pests developing resistance, rendering them ineffective. Constant innovation and the development of new methods and combinations are needed by the market to stay ahead of evolving pest resistance.
  • Accessibility and Affordability for Small-scale FarmersMany effective protectants, particularly newer technologies, can be expensive or require specialized infrastructure, making them inaccessible to small-scale farmers with limited resources. Crucial to ensure widespread adoption and reduce post-harvest losses globally is the finding of cost-effective and accessible solutions for diverse farming contexts.

Key Trends

  • Shift towards Sustainable Solutions Market trends are being driven by growing concerns about the environmental impact of chemical pesticides and consumer demand for organic food, resulting in a shift towards biological and physical protectants. This encompasses the use of diatomaceous earth, beneficial insects, and hermetic storage solutions.
  • Technological Advancements Efficiency, accuracy, and data-driven decision-making in grain protection are being improved by innovations such as smart monitoring systems, digital fumigation techniques, and automated traps. Real-time insights into pest activity and optimization of protectant usage are offered by these technologies.
  • Regulatory Pressure and Safety Concerns Manufacturers are being pushed by stringent regulations on chemical residue limits and stricter safety protocols to develop safer and more environmentally friendly protectants. This is leading to the development of bio-based insecticides and fumigants with lower toxicity profiles.
  • Focus on Regional-Specific Challenges A growing focus on tailoring solutions to address specific regional challenges like climate change, pest resistance, and infrastructure limitations is observed in the market. This includes the development of heat-tolerant strains of beneficial insects and the exploration of alternative storage methods suitable for local conditions.

What's inside a
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Global Stored Grain Protectants Market Regional Analysis

Here is a more detailed regional analysis of the Stored Grain Protectants Market

Asia Pacific

  • The region’s massive and growing population necessitates extensive grain storage, driving the demand for effective protectants.
  • The ideal conditions for pest breeding, created by the warm and humid climate, result in a higher reliance on protectants to combat infestations and maintain grain quality.
  • Growing government support for agriculture and investments in modern storage infrastructure, such as warehouses and silos, contribute to Asia Pacific’s market leadership by providing a conducive environment for the adoption of advanced protectant solutions.

North America

  • Demand for effective stored grain protectants is driven by heightened concerns over food security and economic losses resulting from post-harvest pest damage.
  • Innovation and adoption in the Stored Grain Protectants Market are fostered by technological advancements in formulations, application methods, and monitoring systems.
  • The demand for compatible and environmentally sustainable protectants is stimulated by increasing consumer preference for residue-free and eco-friendly food options.

Global Stored Grain Protectants MarketSegmentation Analysis

The Global Stored Grain Protectants Market is Segmented on the basis of Type, Application, And Geography.

Stored Grain Protectants Market, By Type

  • Biological
  • Chemical
  • Physical

Based on Type, the market is segmented into Biological, Chemical, and Physical. The highest share in the market is held by Chemical due to its widespread use and effectiveness in controlling pests and preserving grain quality. The growth of the chemical control segment is attributed to immediate results, easy availability, longer duration, and greater coverage area.

Stored Grain Protectants Market, By Application

  • On-Farm Storage
  • Off-Farm Storage
  • Export Shipments

Based on Application, the market is segmented into On-Farm Storage, Off-Farm Storage, and Export Shipments. The highest market share is secured by Off-Farm Storage, owing to its prevalence among commercial entities and large-scale agricultural operations, which often require larger storage capacities and specialized facilities. These facilities are strategically located near transportation hubs, facilitating efficient distribution and logistics for bulk grain storage and processing.

Key Players

The “Stored Grain Protectants Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Dowdupont, BASF, Bayer, Syngenta, Sumitomo Chemical, FMC, Nufarm, UPL, Degesch America, Arysta Lifescience, Central Life Sciences, Hedley Technologies.

Our market analysis includes a section specifically devoted to such major players, where our analysts give an overview of each player’s financial statements, product benchmarking and SWOT analysis. Key development strategies, market share analysis, and market positioning analysis of the aforementioned players globally are also included in the competitive landscape section.

Stored Grain Protectants Market Recent Developments

  • In February 2024, the latest digital platform, “Agronomic Zone Advisor,” was unveiled by BASF, designed to aid farmers in selecting the optimal pest control solutions tailored to their specific requirements, encompassing stored grain protectants.
  • In February 2024, a collaboration was forged by Bayer with the National Grain and Feed Association (NGFA), aimed at furnishing farmers with educational materials on safe and efficient grain storage methods, including the utilization of protectants, emphasizing their commitment to agricultural stewardship.
  • In February 2024, the product range was broadened by Sumitomo Chemical through the introduction of a new biopesticide-based stored grain protectant, targeting organic and sustainable farming practices, marking a significant stride towards environmentally conscious pest management solutions.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Key Companies Profiled

Dowdupont, BASF, Bayer, Syngenta, Sumitomo Chemical, FMC, Nufarm, UPL, Degesch America, Arysta Lifescience, Central Life Sciences, Hedley Technologies

Segments Covered
  • By Type
  • By Application
  • By Geography
Customization Scope

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )