PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530811
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530811
According to Stratistics MRC, the Global Agricultural Bactericides Market is accounted for $9.79 billion in 2024 and is expected to reach $12.64 billion by 2030 growing at a CAGR of 6.1% during the forecast period. Agricultural bactericides are substances used to prevent, control, or eliminate bacterial infections in crops. These agents protect plants from bacterial pathogens that cause diseases, reducing crop yield and quality. Essential for integrated pest management, bactericides contribute to sustainable agriculture by minimizing crop losses and reducing the need for broader-spectrum chemical treatments, thereby preserving beneficial microorganisms in the environment.
According to the European Chemical Industry Council, the world's chemical sales in the year 2021 were 2.8 times more than twenty years ago.
Increased need to feed a growing global population
Growing global population demand for higher crop yields and enhanced food security. As the demand for higher crop yields and quality intensifies, farmers seek effective solutions to protect their crops from bacterial diseases, which can threaten productivity. Agricultural bactericides play a crucial role in ensuring healthy plant growth and maximizing harvests. Additionally, the focus on sustainable practices and integrated pest management boosts the adoption of bactericides, further fueling market expansion to meet global food needs.
Environmental concerns
Environmental concerns related to agricultural bactericides include potential harm to non-target organisms, such as beneficial insects and soil microorganisms, and the risk of chemical runoff leading to water pollution. These issues can disrupt ecosystems and biodiversity. Additionally, the overuse of bactericides may contribute to the development of bacterial resistance, reducing their effectiveness. These factors collectively hamper market growth by driving up costs, complicating product approval processes, and fostering skepticism about the sustainability of bactericide use.
Mounting adoption of sustainable farming practices
Sustainable agriculture focuses on minimizing chemical usage and enhancing soil health, leading to increased demand for targeted bactericides that protect crops while reducing environmental impact. These practices encourage innovation in bactericide formulations, promoting products that align with organic and integrated pest management systems. Additionally, sustainable farming enhances soil biodiversity and reduces resistance issues, driving further adoption of bactericides designed to work in harmony with eco-friendly farming approaches, thus expanding the market.
Resistance issues
Resistance issues in agricultural bactericides occur when bacterial strains evolve mechanisms to evade the effects of these treatments, leading to reduced efficacy over time. This resistance can lead to increased disease prevalence, necessitating higher doses or alternative solutions. Such issues hamper market growth by driving up costs for research and development of new bactericides and increasing the risk of crop losses.
Covid-19 Impact
The covid-19 pandemic impacted the agricultural bactericides market by disrupting supply chains, causing labor shortages, and delaying production and distribution. However, the increased focus on food security and sustainable agriculture drove demand for bactericides to ensure healthy crop yields. Additionally, heightened awareness of agricultural practices and the need for reliable food supplies led to greater investment in agricultural inputs, including bactericides, to mitigate crop diseases.
The food crops segment is expected to be the largest during the forecast period
The food crops segment is estimated to have a lucrative growth. Agricultural bactericides are crucial in food crop applications to prevent and control bacterial diseases that can significantly reduce yield and quality. Used on crops like fruits, vegetables, and grains, these bactericides ensure healthy growth by inhibiting harmful bacteria. They are applied through various methods, such as spraying and soil treatment, promoting sustainable agriculture practices and securing food supply by maintaining crop health and productivity.
The seed treatment segment is expected to have the highest CAGR during the forecast period
The seed treatment segment is anticipated to witness the highest CAGR growth during the forecast period. In seed treatment applications, agricultural bactericides are used to protect seeds from bacterial infections before planting. By coating seeds with bactericides, farmers can prevent early-stage bacterial diseases, ensuring healthy germination and robust seedling growth. This method enhances crop resilience, reduces the need for post-emergence treatments, and promotes uniform crop stands. Seed treatment with bactericides is a cost-effective strategy, contributing to sustainable agriculture and improved crop yields.
The Asia-Pacific agricultural bactericides market is experiencing significant growth due to the region's expanding agricultural activities and increasing demand for high-quality crops. Key drivers include rising population, urbanization, and growing awareness of sustainable farming practices. Countries like China, India, and Japan are leading the market with advancements in agricultural technologies and increased investment in crop protection solutions. Additionally, government initiatives supporting agricultural productivity and food security contribute to market expansion.
In Europe, the agricultural bactericides market is driven by increasing demand for sustainable and efficient crop protection methods. Regulatory pressure to reduce chemical residues and environmental impact fosters innovation in bactericide formulations. The market benefits from advanced agricultural practices and a strong focus on food safety. Growing adoption of precision farming and integrated pest management supports the market's expansion, making Europe a key region for agricultural bactericides.
Key players in the market
Some of the key players profiled in the Agricultural Bactericides Market include BASF SE, Bayer AG, Syngenta AG, Corteva Agriscience, FMC Corporation, Adama Agricultural Solutions Limited, Sumitomo Chemical Corporation, Nufarm Limited, BioWorks Inc., Marrone Bio Innovations, Certis USA LLC, Koppert Biological Systems, Isagro S.p.A., Arysta LifeScience Corporation and UPL Limited.
In July 2024, Syngenta collaborated with Ginkgo Bioworks to enable faster launch of innovative biological. Through this new collaboration, Ginkgo plans to develop and optimize a microbial strain that can meet the productivity targets of a secondary metabolite from the Syngenta Biologicals pipeline. This molecule is earmarked by Syngenta as a pioneering biological solution.
In June 2024, BASF launched two new technologies, Mibelya fungicide and Vinquo insecticide at Hortitec 2024 in Brazil. The products are innovative for "combining active ingredients with distinct mechanisms of action to combat diseases such as black spot, anthracnose, and powdery mildew, among others.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.