Soil Fumigants Market Trends

The food and agriculture organization (FAO) of the United Nations has predicted that agricultural productivity is expected to rise by 70% by 2050, to meet the growing food demand, globally. The global population is increasing exponentially and every day, nearly 200 thousand people are contributing to the global food demand. Supplying food to this growing population has become a global threat. Therefore, the need to control crop diseases by application of soil fumigants has become a necessary step, globally. Owing to the infestation of pests, mites, rodents, and birds, around 1,300 million metric ton of food is estimated to be wasted every year, leading to increasing application of soil fumigants. The production of cereals is estimated to reach 3,009 million metric ton by 2050. However, the expected demand for agricultural crops is around 6,759 million metric ton by 2050. Thus, the demand for agricultural warehouses and associated products, like fumigants, is expected to increase in the coming years. Owing to the infestation of pests, mites, rodents, and birds, around 1300 million metric ton of food is estimated to be wasted every year. On an average, the production loss (post harvest) is estimated to be 53% in cereals, 14% in roots and tubers, 8% in oil seeds and pulses and 13% in fruits and vegetables. Use of fumigants during storage will help in the reduction of the storage loss. The demand for fumigants is expected to rise, as the use of fumigants is an effective and economical way to reduce post-harvest losses.