Research Nester assesses the growth and market size of the global bactericides market which is anticipated to be on account of the rising need for food safety.
New York — June 21, 2023- Research Nester’s recent market research analysis on “Bactericides Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global bactericides market in terms of market segmentation by type, mode of application, crop type, and by region.
Growing Demand for High-Quality Food to Promote Global Market Share of Bactericides
The global bactericides market is estimated to grow majorly on account of the growing production of food and the need for food adhering to fine quality. Bacterial diseases can cause severe damage to crops, resulting in yield losses and economic losses for farmers. By using bactericides, farmers can effectively manage and control bacterial infections, reducing the risk of crop losses. Disease management is crucial for meeting the demand for high-quality, disease-free food.
Furthermore, the growing practices of modern agricultural techniques are augmenting market growth. With the advancement in agricultural research, increased awareness about bacterial diseases, and improved accessibility of agricultural inputs, farmers are more informed about the benefits and availability of bactericides. They can now make more informed decisions regarding disease management and may choose to incorporate bactericides ad part of their crop protection programs.
Some of the major growth factors and challenges that are associated with the growth of the global bactericides market are:
Growth Drivers:
· Surging Initiatives by the Regulatory Bodies
· Reduction of Agricultural Land
Challenges:
There are various negative impact of bactericides on the environment and on using bactericides frequently the plant develop immunity towards it and stop giving desirable results are some of the major factors anticipated to hamper the global market size of bactericides. Bactericides, like any chemical inputs, can have potential environmental impacts. They can affect non-target organisms, such as beneficial insects, pollinators, and soil microorganisms. Additionally, bactericides may leach into a water source or accumulate in the soil, posing a risk to aquatic ecosystems. The demand for environmentally friendly and sustainable agricultural practices places pressure on the development of bactericides with reduced environmental impact, leading to challenges in product development and market adoption. On the other hand, the IPM encourages the use of multiple control strategies and reduced reliance on chemical inputs, while bactericides play a role in disease management, the market growth can be challenged by the increasing adoption of IPM practices that prioritizes biological control, cultural practices, and resistant crop varieties.
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The bactericides market is divided into two segments based on the mode of application: soil treatment and foliar spray. The foliar spray will dominate market growth, as bactericides can be directly administered to the leaves or the entire plant using a foliar spray, lowering soil quality. As a result, it is advantageous for plants suffering from nutritional deficits. Furthermore, the market is subdivided into oilseeds & pulses, cereals & grains, and fruits & vegetables. The cereals & grains segment is to garner the greatest market revenue share by growing at a significant CAGR over the projected time frame. Bactericides are employed to manage bacterial infections in cereals and grains, which can have a negative influence on crop health and yield. The bacterial illness can infect the leaves, stems, heads, and kernels of cereal and grain crops, among other things.
By region, the Europe bactericides market is to generate the highest revenue by the end of 2035. This growth is anticipated growing practices of agriculture in the region. Furthermore, the market growth in North America is also expected to show significant growth. There is a trend towards intensive farming practices in North America, including high-density planting, monoculture, and controlled environment agriculture. These practices can create favorable conditions for developing and spreading bacterial diseases. Bactericides are increasingly employed as part of disease management strategies to control bacterial pathogens and maintain crop health in these intensified farming systems. On the other hand, a growing focus on crop protection has driven market growth in the region.
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This report also provides the existing competitive scenario of some of the key players of the global bactericides market which includes company profiling of Bayer Crop Science AG, Syngenta Crop Protection AG, Biostadt India Limited, BASF SE, Nufarm Agriculture Limited, Sumitomo Chemical Company Ltd., FMC Corporation, Adama Agricultural Solutions Ltd., PI Industries, and Aries Agro Ltd.
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