Market Research Future (Food and Beverages) Algaecides Market Research Report– Forecast till | Page 3

Algaecides Market Research Report– Forecast till 2023
2 Market Overview
Algaecides are used to promote aqua life along with plant health as they destroy and prevent the algae growth in
water bodies. They are applicable to agriculture, aquaculture, water surface treatment, and others. The continuous
rising population is increasing the demand for high agricultural productivity which is influencing the growth of global
algaecides market. Moreover, growing demand for fish is anticipated to surge the growth of algaecides in the
aquaculture industry.
Change in farming practices and technology leading to increasing acceptance of modern farming and protected
agriculture is boosting the growth of the algaecides market. Moreover, growing industrialization and urbanization is
causing an increase in growth of algae which is further boosting the need for algaecides. Additionally, use of
algaecides in sports and recreational centers is adding fuel to the growth of algaecides market. However, several
environmental and health hazards caused due to algaecides is restraining the growth of the market.
Intended Audience:
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Algaecides manufacturers
Aquaculture industry
Agriculture industry
Traders, importers, and exporters
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