According to a new study published by Fact.MR, the mefentrifluconazole market is expected to grow significantly between 2021 and 2031. Over the short and long term forecast periods, demand for mefentrifluconazole will increase. Furthermore, as sales from countries with large-scale cereal crop production gain traction, global mefentrifluconazole demand is expected to grow at a CAGR of 6.1 percent over the same time period.
Fungicide demand is increasing as crop fungal disease spreads around the world. The market for fungicides is also being driven by a decrease in arable land, rising population, and the need to improve crop yields. Mefentrifluconazole is a fungicide that is used to treat fungal diseases in crops.
Who are the Key Manufacturers and Suppliers of Mefentrifluconazole?
Some of the leading manufacturers and suppliers of mefentrifluconazole include
- BASF
- MedChem Express (MCE)
- DC Chemicals Limited
- Medchemexpress LLC
- Merck
Mefentrifluconazole market is considered to be highly fragmented, the manufactures associated with the mefentrifluconazole business focused on unique product appearance and quality that attract the consumers.
Key Segments in Mefentrifluconazole Market –
- By Type
- Microbial
- Botanical
- By Form
- Dry
- Liquid
- By Crop Type
- Cereals
- Wheat
- Rice
- Corn
- Rye
- Oats
- Barley
- Sorghum
- Others
- Fruits & vegetables
- Grapes
- Pears
- Apple
- Cucumber
- Potatoes
- Others
- Oilseeds & pulses
- Cotton
- Soyabean
- Others
- Others
- Cereals
Demand for Mefentrifluconazole in Asia Pacific
The Asia Pacific region remains the most important market for Mefentrifluconazole due to the highest cereal and other crop production. China is the world’s largest producer of cereal crops and one of the largest users of fungicides. India is the world’s third-largest cereal producer and one of the world’s largest consumers of fungicides. Indonesia and Thailand contribute significantly to Asia’s cereal production.
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