Market Size of Asia-Pacific Agricultural Disinfectants Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
CAGR | 4.90 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Agricultural Disinfectants Market Analysis
The APAC agricultural disinfectant market is projected to register a CAGR of 4.9% over the forecast period of 2020-2025. Asia-Pacific is the fastest-growing market globally, with emerging markets, like China and India. Agricultural disinfectants are used on crops and livestock for their protection against microbial infections such as fungi, bacteria, and viruses. The major global players are trying to enter the market as there is a huge potential in the Asia-Pacific region; however, the strict government regulations and lack of awareness about the products have been a major discouragement for the companies. Investment, expansions, and mergers are some of the key strategies adopted by the major players in the market.