Agricultural Fumigants Market Is Set To Expand Significantly In Terms Of Revenue And CAGR By 2029

 What Are The Projected Market Size And CAGR For The Agricultural Fumigants Market By The Conclusion Of 2029?

 The agricultural fumigants market size has grown strongly in recent years. It will grow from $2.38 billion in 2024 to $2.54 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to rise in pest and disease management, need for food safety, rise in population, economic growth, increasing agricultural production.

 
 The agricultural fumigants market size is expected to see strong growth in the next few years. It will grow to $3.62 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to global trade and export, rising crop losses, increasing demand for high-quality produce, rising disposable income. Major trends in the forecast period include biological fumigation, data-driven decision making, precision application, sustainable fumigants, collaboration and partnership.
 
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 What Are The Main Market Drivers Shaping The Progression Of The Agricultural Fumigants Market?
 The high prevalence of pest attacks is expected to propel the growth of the agricultural fumigants market. Crops are regularly infected by various pests such as insects, mites, nematodes, and gastropod molluscs. Pest attacks can cause adverse and damaging impacts on agricultural production and market access, the natural environment, and people’s lifestyle. As the pest attack becomes more prevalent, the need to control them becomes much needed, driving the need for agricultural fumigants. For instance, according to the Food and Agricultural Organization of the United Nations (a specialized agency of the USA that leads international efforts to defeat hunger and improve nutrition and food security), approximately 20%-40% of the world’s crop production is lost due to pest attacks. Plant diseases cost the world economy $220 billion each year, while invasive insects cost $70 billion. Therefore, the increase in the prevalence of pest attacks is expected to drive the growth of agricultural fumigants during the forecast period.
 
 What Leading Segment Types Are Used To Analyze The Agricultural Fumigants Market?
 The agricultural fumigantsmarket covered in this report is segmented — 
 
 1) By Type: Methyl Bromide, Chloropicrin, Phosphine, Metam Sodium, 1,3-Dichloropropene, Other Agricultural Fumigants
 2) By Crop Type: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Crop Types
 3) By Form: Solid, Liquid, Gaseous
 4) By Pest Control Method: Vacuum Chamber Fumigation, Tarpaulin, Structural, Non-Tarp Fumigation By Injection, Other Pest Control Methods
 5) By Application: Warehouse & Silos, Soil
 
 Subsegments:
 1) By Methyl Bromide: Methyl Bromide for Soil Fumigation, Methyl Bromide for Commodity Fumigation 
 2) By Chloropicrin: Chloropicrin for Soil Treatment, Chloropicrin for Structural Fumigation 
 3) By Phosphine: Solid Phosphine, Liquid Phosphine 
 4) By Metam Sodium: Metam Sodium for Soil Fumigation, Metam Sodium for Pest Control 
 5) By 1,3-Dichloropropene: 1,3-Dichloropropene for Soil Fumigation, 1,3-Dichloropropene for Commodity Fumigation 
 6) By Other Agricultural Fumigants: Dimethyl Disulfide (DMDS), Sodium Nitrate, Ethylene Oxide, Other Specialty Fumigants 
 
 What New Trends Are Beginning To Take Shape Within The Agricultural Fumigants Market?
 Increasing partnerships and agreements between the companies is a key trend gaining popularity in the agricultural fumigants market. Major companies operating in the agricultural fumigants market are focusing on partnerships and agreements to develop innovative solutions to reduce pest attacks and enable business growth. For instance, in January 2022, Mustgrow, a Canada-based agriculture biotechnology company, signed an exclusive agreement with Bayer to evaluate MustGrow’s biological technology in important agricultural regions to determine its efficacy and economic potential. Bayer AG is a Germany-based multinational pharmaceutical and life sciences contributing to the health of people and plants. 
 
 Who Are The Core Market Contributors Recognized Within The Agricultural Fumigants Market Ecosystem?
 Major companies operating in the agricultural fumigants market include ARKEMA SA, Nufarm Limited, Solvay SA, AMVAC Chemical Corporation, UPL Chemical Co., BASF SE, Syngenta AG, Bayer AG, Marrone Bio Innovations, Valent Biosciences, FMC Corporation, Dow AgroSciences LLC, ADAMA Agricultural Solutions, Chemtura Corporation, Degesch America Inc., Douglas Products and Packaging Company LLC, Ensystex II Inc., Janssen PMP, Nisus Corporation, Rentokil Initial plc, Sumitomo Chemical Co. Ltd., Certis USA LLC, Corteva Agriscience, DuPont de Nemours Inc., Gowan Company, Isagro S.p.A., Kenvos Biotech Co. Ltd., Nippon Kayaku Co. Ltd., SGS SA, Shenyang Fengshou Biochemical Co. Ltd. 
 
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 Which Locations Are Showing Rapid Adoption And Strong Growth Indicators In The Agricultural Fumigants Market?
 North America was the largest region in the agricultural fumigants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the agricultural fumigants market share during the forecast period. The regions covered in the agricultural fumigants market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
 
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