Market Size of Soil Fumigants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Soil Fumigants Market Analysis
The soil fumigant market is projected to register a CAGR of 4.7% during the forecast period. The drivers identified in the market are increasing instances of crop diseases and growing demand for food from the developed and emerging economies. The restraints identified in the market are environmental and regulatory concerns and issues during product application. Few other factors propelling the growth of the market includes the high frequency of crop diseases and the growing demand for food in both developed and developing nations. Amidst the Covid-19 pandemic, the increasing focus to reduce post-harvest losses of crops is anticipated to be one of the significant factors that is to boost the soil fumigants market across the globe. The surging requirement to enhance crop productivity is anticipated to augment the soil fumigant industry further to meet the increasing demand if the pandemic restrictions are to be expanded to the third quarter of 2021.
