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United States, Rockville MD, 15 Jul. 10, 2022 (GLOBE NEWSWIRE) — Fact.MR, a market research and competitive intelligence provider, claims that the global bactericides market would be worth US$16.98 billion in 2022 and would have a CAGR of 4.6% between 2022 and 2032. Fact.MR mentions that there is a vast request for bactericides in soil treatment, mainly due to the emphasis on plant growth regulators to prevent pest attacks during the early stages of agricultural production.

As such, the global market for bactericides is expected to reach US$25.02 billion by 2032. Bactericides are aware of active ingredients helping to eradicate harmful bacteria from the culture, while keeping essential good bacteria intact . Modern farming practices also use bactericides, thereby improving crop quality and yields.

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Food safety is one of the major factors driving the growth of the global bactericides market over the forecast period. Bactericide is a chemical that kills and inhibits the growth of agricultural bacteria. Changing climatic conditions are one of the major contributors to the increased lifespan of bacteria, which, in turn, is expected to generate greater demand for bactericides.

Apart from bacteria, insects and soil nutrient levels etc. also affect crop growth. Additionally, the growing awareness of health and food safety is also contributing to the growth of the bactericides market globally.

What market trends are driving sales of bactericides?

“Rapid deployment of bactericides for better crop yield”

Bactericides protect cultures against bacteria, fungi, etc. Growing health awareness has led to an increasing demand for food and horticultural crops, which has led to more opportunities for bactericide suppliers.

Applications of bactericides improve crop yield and the distribution of the production obtained. These factors are expected to support the growth of the global bactericides market over the forecast period.

In addition to its existing advances, bactericides are being studied for their contribution to the control of downy mildew disease in walnut orchards. Kasumin bactericide is the ultimate solution to combat this walnut disease.

In addition to nut blight, the bactericide helps control diseases in pome fruit growers and also contributes to efficient cherry production. These factors are expected to drive the demand for bactericides over the next few years.

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Key segments covered by the Bactericides Industry survey

  • Bactericides Market by Form:
    • Liquid bactericides
    • powder bactericides
    • Gas bactericides
  • Bactericides market by crop type:
    • Food crops
    • Plantation crops
    • Cash crops
    • Horticultural crops
  • Bactericides Market by Application:
    • Foliar feeding
    • Soil treatments
  • Bactericides Market by Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa

Evolution of market

Major players are emphasizing new product launches, strategic collaboration and in-depth research to come up with bactericides that could be less toxic to the environment and human health, and also more biocompatible compared to bactericides based on chemical products.

  • BioSafe Systems, in January 2020, announced the release of Oxydate 5.0. It comes as a powerful peroxyacetic acid bactericide in liquid form, known to treat and control plant pathogens on a wide variety of crops.
  • ClearLeaf develops and markets pre- and post-harvest bactericides and fungicides.

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The key players in the Bactericides Market

  • Syngenta AG
  • Bayer Crop Science AG
  • Nufarm Limited
  • CMF Company
  • Sumitomo Chemical Company, Limited
  • Adama Agricultural Solutions Ltd.
  • Pioneering American Society
  • PI Industries
  • Aries Agro Ltd.

Main takeaways from Bactericides Market research

  • Europe holds 28.7% of the overall market share.
  • North America contributes 23.6% of the overall market.
  • The demand for higher yield is driving the rapid deployment of bactericides to ensure higher crop yield.
  • Walnuts and cherries are known to give better yields with Kasumin bactericide.

About food and drinks Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations from Fact.MR’s highly experienced technology team help customers around the world meet their unique business intelligence needs. With a repository of over a thousand reports and over a million data points, the team has analyzed the food and beverage industry in over 50 countries for over a decade. The team provides unparalleled end-to-end research and advisory services.

Check out Fact.MR’s coverage on the food and drinks Domain-

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