Category: Uncategorized

North America Pet Food Nutraceuticals Market

The North America Pet Food Nutraceuticals Market was worth USD 1.82 billion in 2020 and estimated to be growing at a CAGR of 4.23%, to reach USD 2.19 billion by 2025.

Nutraceuticals are one of the fastest-growing segments of the pet industry. The usage of pet supplements and nutraceuticals is a rather recent practice in veterinary medicine.

Pet food supplements are classified as either dietary or therapeutic supplements. Dietary supplements are substances combined with the pet foods to make them nutritionally whole and well-adjusted. Therapeutic supplements (also known as nutraceuticals) are foods that are taken orally to provide a health advantage, either for deterrence or treatment of a disease.  

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The growth of the North America Pet Food Nutraceuticals market is majorly driven by factors such as increasing urbanization, rising wages, implementation of channel specific product expansion, and varying lifestyles, leading to a drop in birth rates and an increase in the number of single person families. Pets are being considered as family members and thus the user predilection for nutrition empowered pet food is further driving the pet food nutraceutical market. However, factors such as different regulatory bodies, lack of recognition of pet food in under-developed countries, and lack of raw materials are restraining the growth of the market in this region.

Market Segmentation:

The North America Pet Food Nutraceuticals market is segmented based on

  • Ingredient Type
  • Function type
  • Pet Type
  • Application

The market for Pet Food Nutraceuticals, on the basis of Ingredient Type, is classified into Omega 3 fatty acids, Proteins and Peptides, Milk Bio actives, Probiotics, Dietary Fibre, and others. Among these, Omega 3 fatty acids lead the Pet Food Nutraceuticals market, followed by Probiotics. This demand is largely driven by the age associated diseases in pets like joints deterioration and cognitive dysfunction. On the basis of Function type, the Pet Food Nutraceuticals market is segmented into Nutrition/Therapeutic and Supplements. On the basis of Pet Type, the Pet Food Nutraceuticals market is segmented into Cats, Fish, Dogs, Bird, and others. Under this segment, dogs and cats lead the market accounting for a combined share of 75% of the market. On the basis of Application Type, the Pet Food Nutraceuticals market is segmented into Weight Management, Immune system, Food Allergies, Pain Relief, Digestive health, Skin and Coat, Eye care, and others. Under this segment, Immune system leads the market, followed by Food Allergies and Pain Relief.

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Geographical Segmentation:

The North America market has been geographically segmented into

  • USA
  • Canada.

 North America is one of the major markets for Pet Food Nutraceuticals, accounting for around 33% of the entire market. In 2015, the retail sales for this market recorded $1.7 billion in US alone. The Canada pet nutraceutical market thoroughly follows the key trends of US but is well-known for more complexity and consumer thought rather than instinct.

Major Key Players:

The major players in this market are focusing in the areas of Digestive health, weight management and beauty (Skin and Coat). The major companies dominating the Pet Food Nutraceuticals market in this region are Diana group, BASF SE, Chr. Hansen A/S, Kemin Industries Inc., Nutraceutical International LLC, and Royal DSM N.V.

Europe Vertical Farming Market 2025

Europe Vertical Farming Market was worth USD 0.85 billion in 2020 and is expected to be growing at a CAGR of 22%, to touch USD 2.31 billion by 2025.

Vertical Farming is the latest development in farming, wherein the control is exercised over the environmental influences which affect plants or crops. In the Vertical Farming process, foods and medicines are produced in vertically stacked layers, inclined surfaces and/or in structures like warehouses, shipping containers, skyscrapers, etc.

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With the introduction of Controlled-Environment-Agriculture(CEA) and indoor farming techniques, Vertical Farming techniques control factors like the amount of light, environmental factors like temperature, humidity, gases, etc., and fertigation factors which include the application of fertilizers and other soil products. In some Vertical Farms, natural light is used in conjunction with artificial lighting and metal reflectors, similar to greenhouses.

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The major driving force of the Europe market is the increasing consumer demand for organic foods, foods free from pesticides and genetically modified organisms (GMOs) is the major driving force of the market. The utility of artificial lighting to enhance the yield, health and growth rate of plants coupled with lower dependency on the weather for production is driving the market from the producer side. The above factors accompanied by the growth in the use of technology such as the Internet of Things in Vertical Farming and increase in the annual production of crops are predicted to exponentially boost the market growth. High costs of lighting equipment and continuous maintenance requirement are the constraints faced by the Vertical Farming market.

Market Segmentation:

The Europe Vertical Farming market is segmented by

  • Growth Mechanism
  • Hydroponics
  • Aeroponics
  • Aquaponics
  • Structure
  • Buildings
  • Shipping Containers.
  • Offering
  • Hardware
  • Software
  • Crop Type
  • Geography

The Europe market has been geographically segmented into

  • Germany
  • K
  • France
  • Spain
  • Italy

In 2020Europe had the second-highest share of the global Vertical Farming market share due to consumer demand and technological advances & availability in the Vertical Farming market in Europe. Further, France is in the lead, followed by Germany, Spain, Italy, and the United Kingdom. Currently, in Europe, land farmers are moving from providing land-based to Vertical Farming methods because of the benefits they offer. This is being majorly promoted by the increasing technological feasibility of vertical farming methods.

Key Players:

The key players involved in the growth of the Europe vertical farming market are Illumitex Inc. (U.S.), Aerofarms (U.S.), Koninklijke Philips N.V. (The Netherlands), and Sky Greens (Singapore) among others.

North America Greenhouse Horticulture Market

North America Greenhouse Horticulture Market

North America Greenhouse Horticulture Market 2025
North America Greenhouse Horticulture Market was worth USD xx billion in 2020 and estimated to be growing at a CAGR of 11.3%, to reach USD xx billion by 2025   .
Greenhouse horticulture is the production of horticulture crops which involves a planned shelter for the customized growing conditions of the plant. The most commonly used materials used for making greenhouses include plastic and glass. They protect crops from various disease causing rodents and adverse weather conditions.
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Various government subsidies are now available for greenhouse farming which is a major driver of the market. Government initiatives promoting greenhouse horticulture are also responsible for the growth of the market. Over the past few years there has been a rise in the demand for rooftop greenhouses. Due to increasing urbanisation, there has been a shortage of space which ultimately leads to the development of rooftop greenhouses.
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Market Segmentation:
The market for Greenhouse Horticulture is broadly categorized into
Type
·         Glass
·         Plastic
Application
·         Ornamentals
·         Vegetables
·         Fruits and others
S1Plastic greenhouses dominated the market share due to various reasons like- reduced manufacturing and maintenance costs, extremely tough and resistance to strict conditions.
 On the basis of geography, the North America greenhouse horticulture is divided in to
·         U.S.A
·         Canada
 North America is expected to grow at a steady rate. The greenhouse horticulture market in the region is growing owing to the high yielding demand for horticultural products in comparison to traditional agricultural products.
Major Key Players:
Some of the major companies dominating the market, by their products and services Dalsem, Harnois Greenhouses, Netafim, Richel, Van der Hoeven, Certhon, Hort Americas, Rough Brothers, Trinog-xs (Xiamen) Greenhouse Tech, VEK Adviesgroep, Ethics Agrotech, Trellis Horticulture, Param Greenhouses, Saveer Biotech Limited, CMF Group, and Hortimax.

Compound Feed Market


 Compound Feed Market was worth $528.9 billion in 2020 and estimated to be growing at a CAGR of 1.62%, to reach $573.1 billion by 2025.
The compound feed consists of food products manufactured especially for animals. The Compound Feed market is developing at a significant rate due to the increase in the livestock population.
Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally. Most commonly used raw materials are soybean, corn, barley; wheat and sorghum. Most common additives to form compound feed are, minerals, amino acids, antibiotics and colorants. Compound feed has become an essential part of the globally increasing livestock industry and meat production industry. The end consumers of the compound feed are poultry, pig, ruminants, fish, etc.
The growth of the Global Compound feed market is majorly driven by factors such as the growth in global meat consumption, an increase in awareness towards meat quality and safety, an increase in mass production of meat, and recent livestock disease outbreaks. Globally increasing population is also supporting the growth of the world meat market, ultimately increasing demand for compound feed. An increase in consumer awareness regarding the benefits of organic food and meat led to an increase in consumption which in turn led to an increase in demand for organic feed. Different regulatory structures, volatile economies, and the increasing cost of operations are the major restraining factors for the market. And, an increase in the cost of raw materials is also a key challenge for the companies in the market.
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Compound feed market Segmentation:
Global Compound feed market is segmented based on
Ingredients
Cereals
 Cereals by-Product
Oilseed Meal
Oil, Molasses
Supplements and others.
Supplements
Vitamins
Antibiotics
Antioxidants
Amino Acids
Feed Enzymes
Feed Acidifiers and others.
Animal type
Ruminant
Swine
Poultry
Aquaculture and others
Poultry, pork, and cattle are the largest consumers of compound feed globally accounting for the major share of the overall compound feed market. Cereals are the most widely used ingredients in compound feed whereas Vitamins are the most widely used additives, accounting for around 25% of the total feed additives market.
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The market has also been geographically segmented into
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
The poultry segment is developing as a leading livestock segment for consumption, trailed by swine and cattle, because of the increase in demand for poultry meat, consumer taste predilections, and rise in disposable incomes in developing economies, primarily in China and India. Hence there is a growing need for steady and reliable animal feed. The Asia-Pacific region is expected to offer lucrative growth opportunities, owing to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat, and dairy and related products
Major Key Players
Some of the major companies dominating this market are Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland Company, Land o’ lakes, Inc., Nutreco, ALLTECH, INC, New Hope Group Co. Ltd, Wen’s Group, ForFarmers B.V., Agribusiness Holding Miratorg, Kyodo Shiryo Company, Sodrugestvo Group S.A., DeKalb Feeds, Inc., De Heus B.V, Ballance Agri-Nutrients Ltd., J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, EWOS GROUP.

Metal Chelates Market

Metal Chelates Market Overview

Chelates refer to the chemical compounds composed of a metal ion and the chelating agent. It’s a type of bonding of ions and molecules to metal ions, which allows a single metal ion to make several bonds with it. Metal chelates, where it involve organic molecule that bonds with a metal cation covalently or ionically. Those compounds may also known as multidentate ligand.

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Stagnation of soil quality led to rise in the growth of metal chelates in agro industry. Rise in demand for higher yield out of crop production, growing awareness about nutrient deficiencies among crops and development in agro industry leads to growth in market. On the other hand, the market faces some challenges are, the major ones being adverse side effects of chelates are non-biodegradable in nature, and lack of adopting the metal chelates by farmers.

Metal Chelates Market Report (2020-2025)

Metal Chelates Market was worth USD 454.15 million in 2020 and estimated to be growing at a CAGR of 8.61%, to reach USD 686.35 million by 2025.

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Metal Chelates Market Segmentation

The Global market for Metal Chelates is categorized on the basis of type, crop type and mode of application. Based on the type primary nutrients, secondary nutrients, micronutrients and other nutrients are sub-divided. Micronutrients have trapped the market of metal chelates. Cereals, oilseeds, fruits and other are categorized in to crop type, fruits & vegetables are accounted for the highest market share on the basis of crop type because dread about damage may cause nutrient deficiency. Under soil, foliar, fertilizer soil and others categorized under mode of application. Foliar segment show the highest growth as well stands as a market leader.

Based on geography, global market had examined under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Metal Chelates market was dominated by Asia-Pacific, with the overall market share of over 36% globally. Asia-Pacific was followed by Europe and North America. Coming few years Asia Pacific is predicted to grow at a rapid pace.

Key Developments in the Market

Metal Chelates market has gaint growth in the mentioned forecasting period. The degradation of soil quality and pH level in the agricultural land leads to continues growth in the market. The market has seen exponential growth recently and is expected to continue with the trend.

Major Players: 

Some of the major companies dominating the market, by their products and services include

  • BASF SE,
  • Akzo Nobel N.V,
  • Syngenta AG,
  • Nufarm Limited,
  • Haifa Chemicals Ltd.,
  • Aries Agro Limited,
  • Van Iperen International,
  • Valagro SPA,
  • Protex International,
  • Deretil Agronutritional.

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Medicated Feed Additives Market


Medicated Feed Additives Market Overview
The source of nutrient in animal diet refers to the medicated feed. Various types of diet components are supplements, concentrates etc. The healthy proportion of nutrients in animal feed is gathering and maintained by Medical Feed Additives.
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The Medicated Feed Additives market is showing evident potential in the mentioned forecasting period (2020-2025). The consumption of meat and dairy products accelerate, market growth of Medicated Feed Additives get escalate. Thus, various companies have been showing interest in the market recently.
Leaf Vegetable Seeds Market Report (2020-2025)
Medicated Feed Additives Market was worth USD 12590 million in 2020 and estimated to be growing at a CAGR of 5.43%, to reach USD 16371 million by 2025.
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Medicated Feed Additives Market Segmentation
Based on type, livestock and mixture type the global market for Medicated Feed Additives are segmented. The market segmentation on the basis of type is done under Antioxidants, Antibiotics, Probiotics, Prebiotics, Enzymes, Amino Acids and Others.
Medicated Feed Additives Market is dominated by enzymes segment and is expected to be fastest growing as well. Based on livestock the market is segmented into swine, poultry, cattle, aquaculture, pet foods and others. On the basis of livestock cattle segment accounted for the highest market share due to increase in production of cattle meat over the recent years and is expected to grow even further. Supplements, concentrates, premix feeds and base mixes are of type mixture in Medicated Feed Additives Market. The concentrates segment is expected to show the highest growth rate in the upcoming years.
Growing population awareness on quality of meat and rich in nutrients is boon for the market. Other major factors contributing to the market growth include rise in disposable income, epidemic outbreak among animals, organization of the livestock industry, and various animal husbandry practises being implemented for the improvement of meat quality.  However, there are a few limitations look by the market too like firm regulations by government, exchanges like organic products and risk to people identified with medicated feed additives.
Based on geography, the worldwide market is dissected under different areas to be specific North America, Europe, Asia-Pacific and Rest of the World. The Medicated Feed Additives market was overwhelmed by North America, with the overall market share of almost 30% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is anticipated to grow at a rapid pace in the coming couple of years.
Major Players: 
A portion of the major companies dominating the market, by their products and services are
·         Zoetis Inc,
·         Cargill,
·         Archer Daniels Midland Company,
·         CHS Inc., Purina Animal Nutrition (Land O’ Lakes),
·         Adisseo France Sas, Alltech Inc (Ridley),
·         Biostadt India Limited,
·         Zagro,
·         Hipro Animal Nutrtion.
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Fennel Seeds Market


Fennel Seeds Market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the food industry.
Fennel is a flowering herb which creates fragrant flowers and seeds and grows throughout the year. The fennel seeds act as flavouring agents in the food from ages. The fennel seeds are a commonly used seasoning in the Asian region and are also consumed as mouth fresheners.
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The increasing trend of Indian and Asian food along with the increasing consumption of handy foods are the key drivers for the fennel seeds market as fennel is a commonly used ingredient in Indian food. Moreover, the consumers inclination towards experimenting with different flavors and the wide variety of interests in new tastes have resulted in an increase in product offerings.
Market Segmentation
Fennel Seeds market is segmented on the basis of Product into Organic and Conventional. On the basis of Application, the market is segmented into Essential Oil, Flavour and Seasoning Ingredient, and Beverages. On the basis of End User, the market is segmented into Households, Food Industry, and Personal Care Industry.
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On the basis of geography, the global market is analyzed under various regions namely
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa  
The Global Fennel Seeds Market was dominated by North America, with the largest market share globally and was followed by Europe. The sia Pacific is predicted to show the highest CAGR during the forecasting period.
Major Key Players in Fennel Seeds Market
Some of the major companies dominating the market, by their products are McCormick & Company, Inc, Gregg’s Company, Willmar Schwabe GmbH & Co. KG., Steenbergs Organic, Just Ingredients, Mangalam Seeds Ltd.

Feed Flavours Market

 Feed Flavours Market
The global Feed Flavours Market was worth at USD 13,172 million in 2019 and is estimated to reach USD 20,106 million by 2025, showing a CAGR of 5.8% from 2020 to 2025. 
Flavors are final preparations added to feed products to stimulate or change a featured taste, maintain the flavor after processing, modify a present existing flavor, and guise an unneeded flavor. The rise in the call for processed and canned foods mainly drives the business across the world. Furthermore, other factors like the innovation of technologies, the introduction of the latest flavors, and high inflow of fund in R&D activities, fuel the market expansion. Additives incorporated in the animal feed to improve the taste and sweetness is known as Feed Flavours& sweeteners. 
The use of natural products for livestock is on the escalation among customers due to a rise in health awareness. Hence, manufacturers plan to advance latest & innovative formulations like natural food flavors obtained from exotic fruits, in the Feed Flavoursmarket. In addition to that, market players have adopted latest & developed technologies like solid-liquid extraction (SLE), supercritical carbon dioxide extraction, supercritical fluid extraction, and others, for better extraction and to obtain the original flavor. Launch of latest characteristics and adoption of technologies fuel the expansion of the global Feed Flavoursmarket. Besides, factors like rising in the call for processed foods with the rise in disposable incomes, increase in call in different food applications, and expansion in the popularity of exotic flavors, are estimated to offer immense opportunities for the global Feed Flavoursmarket in the future
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Recent Developments and Trends
McCormick introduces transformation of flavor forecast for 2019. McCormick & Co. has declared it’s jumpstarting a year-round, always-on flavor news approach to its nearly 20-year-old annual analysis. Flavor Forecast that has always highlighted fresh flavor insights and inspiration from around the world, will now convene in real-time a growing flavor conversation through podcasts, a video series, Instagram, and Pinterest.
Drivers and Restraints:
Customers all over the world are more and more demanding quality meat owing to the rising awareness relating to the nutritional dynamics of these products. Apart from this, income development, urbanization, and changes in lifestyles are the significant factors affecting the call for high-quality food for their livestock. Customers are now becoming more conscious of the quality of food and the advantages related to food products. As an output, the production of healthy and quality livestock has become significant, resulting in the rise in the call for quality feed with excellent palatability. Hence, flavors and sweeteners products are estimated to see a high appeal in the future years. The livestock segment is still growing in advancing countries like Argentina, India and Brazil. Nevertheless, a high number of these countries still depend on forages, crop residue, and open grazing to feed the livestock and do not stress on the feed quality or taste. 
The changing cost of raw materials is the key challenge being faced by Feed Flavoursand sweeteners competitors. The costs of raw materials like citrus fruits and butter are volatile, that leads to the high price of production and affects the values of the final products. Livestock animals highly eat citrus-flavoured feeds as compared to other flavors, and hence they are demanded by livestock producers. Nevertheless, the changes in the costs of citrus fruits like orange and grapefruit have been a significant challenge for animal feed flavor producers and have been affecting the price of final flavor feed products. To meet the quality standards and to obtain healthy livestock, a high call for useful and palatability improving feed ingredients is seen from major husbandries and commercial farms. Hence, the rising number of standardized husbandries and commercial farms are estimated to build the latest opportunities for Feed Flavoursand sweeteners players in the international marketplace.
Market Segmentation:
By type:
Flavours
Sweeteners
 Among the types sector, the flavors sector is estimated to rise at the highest CAGR during the foreseen period in the global Feed Flavoursmarket. Feed Flavoursimprove the taste and smell of feed to maintain feed consumption by escalating feed intake, hence enhancing the performance of the livestock
By livestock:
Ruminants
Swine
Pets

The swine livestock sector is estimated to showcase a quicker development rate in the global Feed Flavoursmarket, as swine experiences different physical, physiological, and behavioral changes during the three various phases of their lifespan that may result in the reduced feed intake and high weight loss. In order to tackle these problems, feed additives like sweeteners and flavors are mixed in the diets of pigs. These additives assist in escalating the feed intake and enhance expansion performance of such animals.
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Regional Analysis:
Marked Segmentation based on the region:
North America
Canada
Europe
Norway
Germany
Sweden
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
Key Players:
Nutriad International Dendermonde (Belgium), Pancosma  (Switzerland), Alltech (U.S.), FeedStimulants (Netherlands), BIOMIN Holding GmbH (Austria), DuPont (US), Norel S.A. (Spain), Prinova Group LLC (US), Agri-Flavors, Inc. (US), Origination O2D, Inc. (US), Kerry Group Plc (Ireland) and Pestell Minerals & Ingredients Inc. (Canada).   Nutriad International Dendermonde (Belgium) and Pancosma (Switzerland) are the major leaders in the animal Feed Flavoursmarket. These players have wide product offerings that lead to most of the regions, worldwide. Visionary leaders mainly focus on gaining the dominating market position through their strong financial capabilities and their high-established brand name. 

Feed Carotenoid Market





Feed Carotenoid Market was worth $1.5 billion in 2020 and estimated to be growing at a CAGR of 3.98%, to reach $1.9 billion by 2025.
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Feed Carotenoid market is growing at a substantial rate due to the progress in the animal feed industry.
Carotenoids are the organic pigments naturally occurring in plants and have been utilized for food colorings with beta-carotene for a long time. However, with constant research and development, they have also found significance in feeds and food supplements.
The growth of the global Feed Carotenoid market is majorly driven by factors such as growing health consciousness among the consumers, rising consumption of compound and pelleted feed, and increasing predilection for natural coloration. Also, the growing acceptance of intensive farming systems in the poultry and aquaculture industry is anticipated to drive the growth of the market. However, factors such as high expenses incurred during the extraction and mounting costs of raw materials are thwarting the growth of the market.
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Market Segmentation
Feed Carotenoid market is segmented based on
·         Type
·         Animal Type
The market for Feed Carotenoid, on the basis of Type, is classified into Lutein, Canthaxanthin, Astaxanthin, Beta-Carotene, Lycopene, Zeaxanthin, and others. Among these, Astaxanthin leads the global Feed Carotenoid market, followed by beta-carotene and lutein. Astaxanthin is utilized on a large scale due to its functional characteristics, easy obtainability, and usage in almost all the industrial areas. However, the beta-carotene segment is estimated to be the fastest-growing market during the forecast period, owing to its high efficacy and medicinal properties. On the basis of Animal Type, the global Feed Carotenoid market is segmented into Poultry, Aquaculture, Swine, Ruminant, and others. Under this segment, Poultry leads the market accounting for more than 45% of the market share. However, Aquaculture is projected to be the fastest-growing segment with a CAGR of 6.8%.
Based on geography the market is segmented into various regions namely
·         North America
·         Europe
·         Asia-Pacific
·         Latin America
·         Middle-East & Africa
Asia Pacific and North America are the main users accounting for around 65% of the entire market. The U.S. is the major market and is also projected to be the fastest-growing country in North America. The Asia Pacific market has the highest CAGR due to growth in the Aquaculture and feed industry.
Partnerships and arrangements with raw material suppliers and traders to guarantee uninterrupted supply at discounted costs is the most adopted plan by the players in the market. Expansion of the company and putting up new plants to boost production capability is another tactic adopted by the key players.
Key Players :
The major companies dominating the global Feed Carotenoid market are BASF SE, Chr. Hansen A/S, FMC Corporation, Kemin Industries Inc., Royal DSM N.V., and Behn Meyer Group.

Agricultural Pesticide Market

Agricultural Pesticide Market

Pesticides are chemicals intended for controlling, preventing, destroying any pest, including vectors of human or animal disease, unwanted species of plants or animals, causing harm during or interfering with the processing, storage, production, transport of food, agricultural commodities, wood products or animal feedstuffs. The most common pesticide is an herbicide which accounts for 80% of all pesticide use. These are intended to serve as crop protection products against weeds, fungi, insects or bacteria.
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The pesticide is a chemical or biological agent such as a bacterium, virus, antimicrobial or disinfectant that deters the incapacitates, kills, or otherwise discourages pests. Target pests can include plant pathogens, microbes, weeds, insects, mollusks, birds, mammals, fish and roundworms that destroy farms, which cause a nuisance or spread diseases. Despite of its advantages, it has some drawbacks such as toxicity to humans and other species.
Growing population and declining arable land to feed the resultant population, increasing pest concerns, innovation in spraying equipment, rising demand for industrial feedstock crops and the use of more sophisticated farming techniques, resistant pest populations, and environmental concerns, growing production of rapeseed, cereal crops, oilseeds and sugarcane along with improved farming techniques are driving the growth of the Global Agricultural Pesticide Market. However, the development of safe alternatives such as bio-farming and organic pesticides and a limited number of skilled professionals are hampering the growth of the market.
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The Global Agricultural Pesticide Market is segmented on the basis of
Product type
o   Herbicides
o   Insecticides
o   Fungicides
o   Rodenticides
o   Bactericides
o   Crop type
o   Wheat
o   Corn
o   Rice
o   Pasture & forage
o   Soybeans
o   Other crops
o   Distribution channel
o   Retailers
o   Online
o   Supermarkets
o   Home centers
o   Others
The market has also been geographically segmented into
·         North America
·         Europe
·         Asia-Pacific
·         Latin America
·         Middle-East & Africa
Latin America countries mainly Argentina and Brazil have the largest production due to the increased farming of biofuel crops and the use of genetically modified crops. It is followed by North America and Europe, where the market is aided by the increasing demand for industrial feedstock crops and the use of more sophisticated farming techniques. Asia- Pacific countries have the fastest growth rate due to the emerging economies, rising pesticide production, improved domestic pesticide availability and facilitated sharply increasing utilization rates.
Key Players:
Major players in the Global Agricultural Pesticide Market are Syngenta, Israel Chemicals, Yara International ASA, Bayer, BASF SE, The Mosaic Co., and Dow Chemical Limited.