Global Stored Grain Protectants Market Analysis 2022
The Global Stored Grain Protectants Market is expected to reach $990.70 million by 2028 growing at a CAGR of 5.9% from 2021 to 2028. Prevention of food losses during storage after harvesting is important terms of the economy. Stored grain protectants offer several advantages such as security from pests for long-term storage and are also used to treat the entire grain transfer system.
Factors such as increasing demand for grains due to the rising population and growing insect pest management in stored grain are driving the growth of the market. However, a post-harvest loss of grain is restraining the growth of the market.
Based on application, the corn segment is going to have a lucrative growth during the forecast period owing to the increasing demand for corn from the various food industries in developed countries requires a proactive defense against corn bugs that could lead to damaged grain and a reduced bottom line.
The key vendors mentioned are UPL, Syngenta, Bayer, Nufarm, Hedley Technologies, FMC, Dowdupont, Central Life Sciences, BASF, Arysta Lifescience, Sumitomo Chemical, and Degesch America.
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