Asia-Pacific is estimated to be the fastest-growing region in the antibacterial market

The antibacterial market is driven by factors such as the increase in demand for fruits & vegetables, increase in acceptance for Integrated Pest Management (IPM) by farmers, and high opportunities in developing countries.

(EMAILWIRE.COM, October 23, 2019 ) The global antibacterial market in agriculture is projected to reach a value of USD 11.88 billion by 2022, growing at a CAGR of 4.6% from 2016. The market is driven by factors such as growth in the crop production, ease of application, increase in need for food security for the increasing population, and rise in preference for antibacterials. The change in farming practices (from traditional to conventional), clubbed with advanced technologies and promotion by the governments of many countries across the world also drives the demand for antibacterials in the agricultural sector. However, factors such as lack of education and awareness among the farmers and rise in instances of environmental toxicology, are restraining the growth of the antibacterial market in agriculture.

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Foliar spray segment led the market with the largest share

On the basis of mode of application, the antibacterial market in agriculture has been segmented into foliar spray, seed treatment, soil treatment, and post-harvest. The market was led by foliar spray followed by soil treatment. Foliar is largely used by farmers because of its high efficiency and ease of use. The market for soil treatment is rapidly growing mainly due to the increasing application of antibacterials in agriculture, other nutrition enhancers, and plant growth regulators to treat with soil for protection against pest attacks in the initial stage of crop production.

Key Players:

• BASF SE (Germany)
• Dow AgroSciences LLC (U.S.)
• Sumitomo Chemical Co., Ltd (Japan)
• Bayer CropScience AG (Germany)
• Syngenta AG (Switzerland)
• Nippon Soda Co. Ltd. (Japan)
• Nufarm Ltd. (Australia)

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Europe dominated the market with the largest share, Asia-Pacific is estimated to be the fastest-growing region in the market

Europe formed the largest market for antibacterials in agriculture in 2015, whereas the Asia-Pacific region is projected to be the fastest-growing market during the review period. Owing to the increasing bacterial infestations in crops, observed in Europe region, the European region for antibacterials is the largest. The increased availability of agricultural land in countries like India and China, contributes to the growing demand for agricultural antibacterials in the Asia-Pacific region, thereby marking the region as a fastest growing market in this domain. The global antibacterial market in agriculture is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia-Pacific, Latin America, and the Rest of the World (RoW).

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