Global Stored Product Pest Control Market Research Report 2023(Status and Outlook)

Global Stored Product Pest Control Market Research Report 2023(Status and Outlook)

Report Overview

Facilities that process, store, or sell grains and dried goods are at risk for infestation by stored product insects. These pests can rapidly move throughout a facility to attack dried, stored foods in grocery stores, warehouses, and processing facilities, destroying the products. In addition, some stored product insects create cocoons and webbing that can clog machinery and lead to costly downtime.Pest management is a key component of healthy living, food safety and sanitation programs.Rice elephant, saw grain thief, gluten, big grain thief, quaint pirate, longhorn pirate, wheat moth, Indian moth, pink moth, etc., are the main pests in the majority of grain production areas.

Aluminium Phosphide (AlP) is used as a rodenticide, insecticide, and fumigant for stored cereal grains. It is used to kill small verminous mammals such as moles and rodents.

Aluminium Phosphide (AlP) is used as both a fumigant and an oral pesticide. As a rodenticide, aluminium phosphide pellets are provided as a mixture with food for consumption by the rodents. The acid in the digestive system of the rodent reacts with the phosphide to generate the toxic phosphine gas.

Aluminium phosphide reacts with water or acids to release phosphine:

AlP + 3 H2O → Al(OH)3 + PH3

AlP + 3 H+ → Al3+ + PH3

Global Stored Product Pest Control key players include Bayer, Detia-Degesch, UPL Group, etc. Global top three manufacturers hold a share about 45%.

Asia-Pacific is the largest market, with a share about 40%, followed by North America and Europe, both have a share over 40 percent.

In terms of product, Aluminium Phosphide is the largest segment, with a share about 85%. And in terms of application, the largest application is Grain, followed by Vegetable and Fruit.

The Global Stored Product Pest Control Market Size was estimated at USD 345.10 million in 2022 and is projected to reach USD 472.79 million by 2029, exhibiting a CAGR of 4.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Stored Product Pest Control market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Stored Product Pest Control Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Stored Product Pest Control market in any manner.

Global Stored Product Pest Control Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Detia-Degesch

UPL Group

Shenyang Fengshou

Jining Shengcheng

Jining Yimin

Jining Yongfeng

Bayer

BASF

Nufarm

Market Segmentation (by Type)

Aluminium Phosphide

Magnesium Phosphide

Others

Market Segmentation (by Application)

Semiconductor

Flat Panel Display

Touch Industry

Circuit Board

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Stored Product Pest Control Market

Overview of the regional outlook of the Stored Product Pest Control Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors