Middle East and Africa Nitrogenous Fertilizers Market Overview:
Nitrogen aids in rapid growth and imparts better texture and colour to plants and thus enhances agricultural output.In spite of abundance of nitrogen in the environment, only a few plants have the ability to absorb and use the same. Nitrogenous fertilizers are inorganic in nature and are normally employed in the agriculture industry. It comprises of nitrous complexes such as ammonium sulphate, Calcium Nitrate, calcium ammonium nitrate and other compounds in tiny amounts.
Middle East and Africa Nitrogenous Fertilizers Market Drivers:
The growth of the Middle East and Africa Nitrogenous Fertilizers market is mainly driven by reasons such as increasing disposable income, rising population and high efficiency of nitrogenous fertilizers. However, volatile economies and growing cost of raw materials are the major limiting factors for the market in this region.
TheMiddle East and Africa Nitrogenous Fertilizers Marketis segmented and sub-segmented into following categories:
By Ingredients:
Urea
Ammonium Nitrate
Ammonium Chloride
Sodium Nitrate
Ammonium Sulphate
Calcium Nitrate
Calcium Ammonium Nitrate (CAN)
Other Nitrogenous Fertilizers
By Application:
Crop Based
Oil seeds
Fruits & Vegetables
Grains & Cereals
Non Crop Based
Turf & Ornamental Grass
others
Urea-based nitrogenous fertilizers are leading the ingredient segment in terms of consumption. However, Ammonium nitrate is projected to be the fastest growing segment during the forecast period. By application, Grains such as rice and corn lead the market for nitrogenous fertilizer and this trend is anticipated to remain during the forecast period.
Regional Analysis:
The market has been geographically segmented into Middle East and Africa. This market is projected to grow substantially during the forecast period, owing to the rise in disposable incomes in the developing economies in this region.
Key Players:
Yara International ASA
Agrium Inc
Coromandel International Ltd
Potash Corp
KOCH Industries Inc
CF Industries Holdings Inc
CVR Partners, Lp
Bunge Ltd
Sinofert Holdings Ltd
Eurochem
The market for Nitrogenous fertilizers is extremely consolidated and streamlined owing to the existence of only a handful of companies.
Middle-East and Africa Feed Yeast Market has been estimated at USD 0.066 Billion in 2020 and is projected to reach USD 0.089 Billion by 2025, at a CAGR of 6.20% during the forecast period from 2020 to 2025.
Feed Yeast stimulates the growth of the infant and young in many animal species. They are nutritive supplements which are added in the diet of animals. Yeast product supplements can beneficially modify microbial activities, fermentative and digestive functions in the rumen.
As the feed yeasts are cost efficient and less harmful to the animals compared to other additives, many farmers started preferring it. Also, with a high increase in per capita consumption of animal products is subsequently increasing the demand for animal feed yeasts. These are some of the factors that is driving the feed yeast market there. But there is still a lack of awareness that’s prevalent amongst the farmers, about the pros of using animal feed yeast, due to which there is not much of a demand in this region. Because of this, the market share of this area is lesser compared to other regions, as the market in this region is progressing slowly.
TheMiddle-East and Africa Feed Yeast Market is segmented and sub-segmented into following categories:
By Type:
Live yeast
Spent yeast
Yeast derivatives
By Type of Animals:
Swine
Poultry
Cattle
Aquatic animals
Pet animals
Others
The poultry segment takes the largest market share for feed yeast trailed by the swine segment.
The Market is Geographically divided into:
The Middle-East and Africa region constitutes to around 10% of the global feed yeast market in 2016 as its growing at a slower rate compared to other regions in the forecast period.
Key Players:
In Middle-East and Africa feed yeast market, several prominent companies are taking initiatives in the development and manufacturing of feed yeast. Some of the leading players in this industry include, Alltech, Angel Yeast co., Ltd, Cargill Inc., Nutreco N.V., Lesaffre Group, Biomin GmbH and ADM.
Poultry Feed premix are created chemically and microbiologically to increase the nutritious value of feeds in order to improve its effect on farm animals. They help in improving appetite, digestion, and feed intake of animals. They offer distinctive nutritional benefits that allow the producers to maximize their productivity.
Poultry is the most widely consumed meat in the world and its production is more than any other meat category. Poultry Feed Premix has become a vital part of the globally increasing livestock industry and meat production industry.
The major growth driver in the North American market is the strong demand for high-quality meat from meat processing industry. The swing in consumption pattern from red meat to white meat particularly in North America has further led to an enlarged demand for poultry meat. Lack of flexibility in diet formulation, increasing costs of raw materials and operations and dearth of knowledge regarding the quality of the supplemental ingredients to be used in Poultry feed premix are the major restraining factors for this market.
The North America Poultry Feed Premix market is segmented based on
Ingredient type.
Minerals
Antibiotics
Vitamins
Amino Acids
Other Ingredients
Livestock
Immune system.
Vitamins segment leads the Poultry Feed Premix market followed by the minerals segment. Vitamins and minerals have been gaining substantial growth, as they serve as a vital factor in enhancing the growth of the
Reputation of trace minerals such as zinc, manganese, iodine, and selenium for its functional benefits lead to the strong growth of this segment along with vitamins.
Geographical Analysis:
The North America market, which has the largest consumer base in the world has been geographically segmented into segmented into
US
Canada.
Poultry is the largest consumer of feed premixes in North America. USA leads the market in this region and is the major market for the Poultry feed premix industry with a share of almost 35%. The North America market is focused on innovating cost-effective production process. Companies are committed to research, sourcing, quality and education, in providing nutritional technologies that are central to the success of customers.
Key Players:
Some of the major companies dominating the market in this region are Cargill, Koninklijke DSM N.V., Nutreco N.V., Archer Daniels Midland Company, and InVivo Nutrition et Sante Animales. Existing companies such as DSM and Nutreco have been actively involved in acquisition of regional suppliers and ingredient manufacturers in these regions to strengthen their market presence.
Middle East and AfricaTubatoxin Market is worth USD xx million in 2020 and estimated to grow at a CAGR ofxx.xx%, to reach USD xx million by 2025. The Middle East and AfricaTubatoxinmarket is developing at an exceptionally quick pace.
Tubatoxin is a naturally occurring chemical substance which is found in certain plants like Derris and Lonchocarpus. On a commercial scale, it is used as an insecticide and pesticidal properties. It is also used as organic pesticide in gardens and cultivation fields.
The significant drivers areIncrease in demand for organic pesticide and insecticide.Furthermore, tubatoxin can also be used as a piscicide and acaricide, which is expected to provide significant opportunity for market growth. However, high cost of extraction of tubatoxin limits the growth of this industry.
The Middle East and AfricaTubatoxin market is segmented on the basis of
Product
Powder
Liquid
Other
Application
Acaricide
Piscicide
Insecticide
Pesticide
Geographical Analysis:
Geographically, market is further segmented into Middle East and Africa. Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.
Major Key Players:
Wujiang Shuguang Chemical Co. Ltd, Tokyo Chemical Industry Co., Ltd, Xi’an B-Thriving I/E Co., Ltd, Alfa Aesar, Zhejiang Rayfull Chemicals Co.,Ltd, Ecompal SAC, and BASF SEare the leaders in the Middle East and AfricaTubatoxinmarket.
The Europe Agriculture Anti Transpirant Market was worth USD xx billion in 2020 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2025. The process through which water is brought all the way from roots of the plant to the underside of leaves, where it evaporates and is released into the atmosphere is called transpiration. Transpiration is necessary for a plant to transfer materials inside it. However, there are instances such as high temperatures in which transpiration takes place at a faster pace.
To prevent excessive water loss from the plant, it is required to prevent or reduce transpiration. Anti transpirants are used for this purpose. They are made from natural or chemical compounds. They are generally applied to the leaves of plants to reduce transpiration. They are used on crops, cut flowers, Christmas trees and newly planted shrubs to protect them from drying out. Some of the anti transpirants work by inhibiting the release of hydrogen cation from the guard cells or by inducing stomatal closure.
Inability to supply sufficient water for the plants due to the increasing water scarcity is the major factor for the increase in demand for anti transpirants. Increasing horticulture practice, growing popularity for gardens and homegrown shrubs due to the increase in disposable incomes and increasing use of cut flowers and small tress for decorative and aesthetic purposes are expected to drive the growth of agriculture anti transpirant market. However, lack of proper awareness among farmers and high prices of the products are restraining the market growth.
The Agriculture Anti Transpirant market is categorized by
Type,
Stomatal Closing Type
Film Forming Type
Reflectance Type
Growth retardant
Application
Crops
Garden
Turf and Ornamental
Geographical Analysis:
On the basis of region, the Europe Agriculture Anti Transpirant market is categorized into
K
Germany
France
Spain
Germany account for the largest market share in this region as it is home for most agriculture production in this region.
Major Key Players:
Some of the major players in Agriculture Anti Transpirant market are Miller Chemical & Fertilizer, Beijing Shenlanlin, Coastal AgroBusiness, Wilt-Pruf Products, Sumi Agro, PBI-Gordon Corporation, Bonide, Aquatrols, and Shanghai Zhilv.
Middle East and Africa Bio Organic Fertilizer market is anticipated to grow at XX% CAGR from 2020 to 2025 and it is estimated that the Middle East and Africa market was valued at USD XX billion in 2020 and is expected to reach USD XX billion by 2025.
Bioorganic fertilizer is a substance that consists of living microorganisms, which help in the growth of the plant by increasing the supply of nutrients to it. Increase in the use of bio-fertilizers is expected to reduce the demand for chemical fertilizers and pesticides as they hamper the health of the soil.
Factors such as rising environmental awareness, enhancing soil fertility and increasing demand for organic food are key driving factors for the market. Factors restraining the growth of the bio-fertilizer market are lack of awareness and lower adoption rate by farmers. The Shortage of fertilizers in regions like Latin America and Africa, formulation of favorable government policies and countries having agriculture dominant economy would provide growth opportunities for this market.
On the basis of geography, the market is segmented into various regions namely Middle East and Africa. Unavailability of arable land in this region is a key factor hindering the growth of the market.
Major Key Players:
Some of the key players dominating the market are Gujarat State Fertilizers & Chemicals (GSFC), Lallemand, Novozymes, Symborg, Biomax, Agri Life, Ajay Bio-Tech Ltd and Antibiotice S.A.
North America Seed Market was worth $27.67 billion in 2020 and estimated to be growing at a CAGR of 9.80%, to reach $44.15 billion by 2025.
North America Seed MarketOverview:
The Seed market is evolving at a substantial rate due to the growing demand for food and feed and rapid fall of the arable land. High yielding cultivars/seeds along with crop protection products and fertilizers are being used to achieve ideal utilization in this sector.
Farmers bank on the seed industry to deliver seeds that bring high yields and help decrease the cost of the production. The global concerns about pollution are driving the increase in the use of biofuels. Biofuels offer several advantages when compared to fossil fuels in terms of decreasing pollution, which is one of the main reasons of governments taking up initiatives to produce biodiesel.
The growth of the North America Seed market is largely due to the rising population, increasing consumption of animal fodder, and growing need for commodities such as vegetable oil. Biofuels is another factor that is driving the market in this part of the world. Rising public concerns over the safety of GM products, decline in the international vegetable and fruit seed trade, and consolidation of the seed market are the major factors restraining the growth of the North American seed industry.
TheNorth America Seed Marketis segmented and sub-segmented into following categories:
By Crop Type:
Oilseed
Grain seed
Fruit & Vegetable
Other seed
Oilseed includes soybean, sunflower, cotton, canola; Grain seed includes corn, wheat, rice, millet crops; Fruit & Vegetable includes tomato, melon, carrot, onion, pepper, lettuce; Other seeds include alfalfa, turf, clover & forage plants, and flower seed.
By Seed Trait:
Herbicide Tolerant
Insect Resistant
Other Stacked Traits
The Grain seed segment leads the seed market, whereas herbicide tolerance continues to be the most common transgenic trait.
The Market is Geographically divided into:
North America:
US
Canada
The USA leads the market in this region with a share of almost 80%. The North America market is very modern and is focused on innovating cost-effective techniques. Companies are committed to research, sourcing, and quality, factors that are central to the success of the industry.
Key Players:
Monsanto
DuPont
Syngenta
AG
Dow AgroSciences LLC
Land O’Lakes Inc
Bayer Crop Science
Key strategies such as investments in R&D are being employed by major companies to meet the growing Seed demand.
The Global Precision Agriculture Market was valued at USD 7.0 billion in 2020 and is projected to reach USD 12.8 billion by 2025, at a CAGR of 12.79% from 2017 to 2022.
Precision agriculture is an administrative concept based on measuring, responding and observing inequalities in crops between and within the field. The goal of precision farming is to increase production using Decision Support System (DSS) and conserve resources. Precision agriculture uses advanced technology to optimize crop production using GIS, remote sensing and GPS over a long period of time. The main advantage of precision agriculture is to reduce the cost of labor and materials to increase the cost of production with the application of crucial automation processes.
Recent developments:
In January 2020, AGCO launched the new Fendt Momentum planter for row crop farmers in North America to set a new standard for precision in seed placement and provide technologies to help farmers overcome harsh conditions plant.
In November 2019, Raven Industries acquired Smart Ag Inc. (USA), a technology company developing homegrown solutions to become the industry leader in homegrown solutions.
Market Drivers and Restrains:
The main factors impacting the global precision agriculture market are the growing adoption of smartphones, the increased use of cloud technology, the booming population, technological advancement, lack of awareness and high initial investment. Some of the factors, such as unfamiliarity with precision agricultural products and huge investments, are holding back the growth of the market. The adoption of smartphones has been one of the most important factors in the proliferation of precision agriculture technology. The integration of smartphones with agricultural equipment and field devices provides easy access to mobile agricultural applications, allowing farmers to monitor their fields remotely. Thus, it helps farmers to keep up with the changing demands of consumers. The cloud enables the storage of crop information, which growers can later access via smartphones. The inclusion of cloud technology in precision agriculture is one of the main drivers of the growth of the global re market. The high rate of population growth is the main driving force of the precision agriculture business, which encourages farmers to implement efficient and advanced agricultural techniques to improve crop yields. Furthermore, farmers are increasingly adopting precision agriculture techniques due to its superior advantages such as first-rate production with limited resources and better crop quality.
Based on supply, the Precision Agriculture Market is segmented into hardware, software, and services. The hardware segment is further segmented into control and automation systems and detection and monitoring devices. Automation and control systems held the prominent share in this segment. The software segment is further segmented into web and cloud-based software. Cloud-based software is rapidly gaining popularity and is the fastest growing segment.
On the basis of technology, the market is segmented into guidance system, variable rate technology, and remote sensing. The guidance system is the largest segment of the market as it includes GPS and GIS which are mainly applicable in precision agriculture.
Based on the application, the market is segmented into yield monitoring, field mapping, crop monitoring, weather tracking and forecasting, irrigation management, inventory management, agricultural labor management, and financial management. Weather monitoring and forecasting have the largest market share in the precision agriculture market. However, irrigation management is expected to be the fastest growing segment due to water scarcity.
COVID-19 Impact on the Precision Agriculture Market
The precision agriculture market is expected to see a slight decline in 2020 due to the COVID-19 pandemic, as movement restriction and lockdowns led to a supply chain disruption and equipment shortages. But the use of remote sensing and farm management software tools could lead to greater adoption in the post-COVID-19 period. Coronavirus has disrupted the supply chain in the precision agriculture market and companies are exploring new opportunities to engage with producers and farmers by leveraging technologies.
Geographical Segmentation:
The precision agriculture market in North America is expected to have a market share of more than 32% by 2025 due to mechanization and heavy reliance on technology to assist agribusinesses. Factors supporting market growth in the region are believed to be growing awareness of crop quality and the introduction of new initiatives to bring innovations to the sector. The federal government also passed the Precision Agriculture Connectivity Act in 2018 to address the connectivity needs of precision agriculture in the U.S. The regulator has established a task force, which is studying and making policy recommendations on how to improve broadband internet access in farmland.
Key market players:
Some of the leading companies in the Precision Agriculture Market are Dickey-John Corporation, CropMetrics LLC, Deere & Company, AgSmarts Inc., Monsanto Company, AJ Junction, Inc., Leica Geosystems, and Trimble.
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Global Hydroponics Market was valued at USD 9.5 billion in 2020 and is projected to reach USD 16.6 billion by 2022, at a CAGR of 12.0% from 2020 to 2025.
Hydroponics is a method of growing plants without soil and using a mineral nutrient that dissolves in an aqueous solvent. The hydroponic process does not use soil, but rather an inert medium such as rock wool, perlite, peat, vermiculite, clay granules, and many more. Growing crops with a hydroponic process has many advantages, such as a higher plant growth rate. Plants will mature up to 25% faster and produce up to 30% more than the same plants grown in the ground. These crops are grown under controlled special climatic conditions.
Recent developments:
In April 2020, Scotts Miracle relocated its operations from the Temecula, California manufacturing plant to produce face shields, due to a lack of personal protective equipment to help combat the Covid epidemic. -19.
In April 2020, Aerofarms began building a larger Aerofarms center, the largest of its kind, covering an area of 90,000 square feet. The facility is dedicated to advanced research and development equipment and the commercialization of crops with local demand.
Market Drivers and Restrains:
This high growth rate is attributed to the increasing use of hydroponic systems for growing vegetables indoors. Also, the adoption of alternative agricultural methods for growing cannabis is increasing rapidly, due to the legalization of marijuana in countries such as Canada, the Czech Republic, South Africa and others. Growing consumer awareness of the effects of pesticides and artificial ripening agents on their health is expected to boost demand for hydroponic crops, as the method eliminates the need for such products, thus providing nutritionally superior vegetables. The low cost of installation and ease of use of these systems are also expected to drive adoption in the near future. The hydroponic method eliminates the risk of diseases caused by soil organisms. Additionally, hydroponically grown plants produce a higher yield than similar plants grown in soil due to proper nutrient control.
Advances in climate control, nutrient film technique and sensing technologies, among others, are expected to bode well for market growth in the near future. The advanced approach to using IoT enables automatic and remote data collection and monitoring. Due to these technological advancements in hydroponic solutions, the market is expected to grow at a significant rate from 2019 to 2025.
Among the type segments, the Aggregate Hydroponic Systems segment is expected to record higher revenue growth in the global market. This is mainly due to the fact that in added hydroponic systems a solid and inert medium provides support for the plants. It is widely used for row crops such as tomato, cucumber, and bell pepper.
Among the crop type segments, lettuce and leafy vegetables are expected to account for the largest share of income, due to the greater consumer inclination towards natural or plant-based food products due to awareness of the benefits of consuming these products.
Impact of covid-19 on Hydroponics Market
In countries in food crisis, up to 80 percent of the population depends on agriculture for their livelihood. Therefore, any further disruption to food production and related value chains, for example in the form of reduced availability of essential inputs or restricted access to land or markets, could be catastrophic for vulnerable populations. This has been the situation during coronavirus that led to declined sales in hydroponics market.
Geographical Segmentation:
The North American market is expected to represent a significant share in the worldwide marketplace. This is primarily attributed to people’s changing preferences for hydroponics as a for-profit agriculture. Revenues from the European hydroponics market are expected to grow steadily in the coming years. This is mainly attributed to the high adoption of smart greenhouse hydroponic horticulture in countries such as France, the Netherlands and Spain. The Asia-Pacific region is expected to record the fastest growth due to people’s changing lifestyles and increased demand for natural fruit flavors compared to carbonated soft drinks in countries such as China and India.
Key market players:
The main players in the global hydroponics market are Thanet Earth, Pegasus Agritech, Growlife, Lumigrow, Inc., Koninklijke Philips NV, Hydrodynamics International, Inc., General Hydroponics, Inc., Circle Fresh Farms, KUBO Greenhouse Projects and HortiMaX.
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Crop protection chemicals safeguard the plants from weeds, plant diseases, and other external forces. There is a growing demand from the growing population for food, safety and the evaluation of agriculture from traditional to conventional practices. The use of chemicals for crop protection has been increased in the field of crops to improve productivity. They are widely adopted around the world to reduce crop losses and improve crop yields to meet the food demand needs of a growing population.
Recent developments:
In January 2020, Crystal Crop Protection Ltd acquired three brands of insecticides Dursban, Nurelle-D and Predator from Corteva Agriscience. This acquisition will add value to the company’s activity and will strengthen its presence in the market.
In May 2019, BASF launched an innovative fungicide “Seltima” for the protection of rice crops in Thailand. The product contains a special encapsulation technology to ensure the controlled release of the active ingredient directly to the plant surface.
Market Drivers and Restrains:
Chemicals for crop protection are widely used in modern agriculture as an effective and economical solution to improve crop yield by preventing crops from harmful pests and weeds. Therefore, increasing crop yields helps ensure food security for growing populations. The high use of pesticides can be identified as one of the main causes of increased crop yields. Changes in climatic conditions have accelerated the emergence and prevalence of plant diseases and pests. Climatic fluctuations have a major impact on agricultural production and susceptibility to pests, which leads to a decrease in productivity. Furthermore, erratic rains in several regions have led to an increase in the mushroom population. These key factors have increased farmers’ confidence in plant protection products for effective pest prevention, which is driving the growth of the crop protection products market. The increased resistance of pests to certain crop protection chemicals is a major factor slowing down market growth.
Depending on the type, the world market is dominated by herbicides, followed by insecticides and fungicides. The herbicide segment is also expected to be the fastest growing type on the market due to high crop losses due to noxious weeds and the high efficacy of herbicides in reducing crop losses.
The cereal and grain market is the highest and is also expected to be the fastest growing market. This is mainly due to the high demand for grains and oilseeds from the growing population around the world.
Based on the origin of crop protection chemicals, the market is dominated by synthetic crop protection chemicals, but biopesticides are expected to be the fastest growing market due to the increasing demand for biopesticides by farmers because they are less toxic and environmentally friendly.
The liquid form of crop protection chemicals is mainly used throughout the world compared to the solid form, due to the ease of use and easy application of liquid phytosanitary chemicals.
The different modes of application of these chemicals are foliar spraying, seed treatment, soil treatment and others, including chemigation and fumigation. Foliar spray is widely used for the application of phytosanitary chemicals, but due to the increasing demand for seeds treated with phytosanitary products, the application mode of seed treatment is expected to have the fastest growth in the coming years.
Impact of covid-19 on Crop Protection Chemicals Market
Along with other industries, the spread of coronavirus has affected the agricultural inputs sector. The virus has impacted critical processes involved in the production and distribution of agrochemicals, from the importation of raw materials to the manufacture of the final product. China is one of the main producers of active ingredients and pesticide products. Thus, the closure of Chinese factories has caused a massive shortage of active ingredients and phytosanitary products. Furthermore, even after the resumption of chemical manufacturing units in China at the end of February 2020, the supply of plant protection products was interrupted. This supply chain disruption was mainly due to lockdowns that have been declared in many countries to contain the spread of the COVID-19.
Geographical Segmentation:
North America has been a leading region in the global marketplace in 2019. The region includes several agriculture-based economies and is home to several multinational agricultural companies, particularly in the United States. The region is driven by the rapid adoption of technological advances by the agricultural community, along with a series of regulatory frameworks that monitor positive growth. Over time, the industry is likely to accelerate due to sustainable growth practices and rapid product development. Europe is characterized by a centralized and standardized regulatory environment in the region. It has always been a pioneer in terms of engineering solutions for crop protection and the promotion of agricultural practices around the world. Biopesticides are the top product category due to growing regulatory support and increasing involvement from local government agencies. Asia-Pacific is one of the largest consumers of crop protection chemicals in the world.
Key market players:
The main companies operating in the global market for crop protection chemicals are BASF, Sumotomo Chemicals, DuPont, Makhteshim Agam, Syngenta, DOW Agroscience, Arystya Lifescience and Nufarm.
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Industry Reports 