Agrochemicals Market Share, Sourcing Strategy and Downstream Buyers 2018-2023


01st April 2019 – The global Agrochemicals Market is set to witness a higher CAGR during the forecast period. In order to increase agricultural production in quality and quantity, the agriculture sector finds the significant use of agrochemicals. Fertilizers and pesticides are classified as components of agrochemicals market, which are further categorized according to their purpose, nature and use.

The market is projected to witness a significant rise in world population by 2023 that will create a tremendous demand for food. To sustain the massive demands, emerging economies will have to raise the food production resulting into more yield. In order to serve this purpose, farmers will double the use of agrochemicals in some or the other form. On a commercial level, marketing activities seem to quadruple depending on socio-economic and socio-political policies in respective countries.

Access Agrochemicals Market Report with TOC @ https://www.millioninsights.com/industry-reports/agrochemicals-market-report

Agrochemicals market is driven by growing awareness among farming communities in the developing nations coupled with pursuit of innovative farming practices. Rise in population and food demands are moreover supplementing the market growth during the forecast period. Cultivation of perennial and seasonal crops are more likely to contribute to the market growth during the forecast period.


The market is bifurcated as fertilizer agrochemicals and pesticide agrochemicals. Pesticide segment entails organophosphates, neonicotinoids, organophosphates and pyrethoids. Fertilizer segment comprises nitrogenous, phosphatic and potassic. Agrochemicals market is categorized into crop type such as oilseeds, cereals and grains, pulses, plantation crops, fruits, vegetables and hydroponics.

Key Vendors
• Syngenta
• Bayer Crop Science
• BASF
• Dow Agro Sciences
• Monsanto
• DuPont
• Adama
• Nufarm
• FMC
• Sumitomo Chemical
• UPL (Formerlay United Phosphorus) and many others

Market split by Type, can be divided into:
• Herbicide
• Fungicide
• Insecticide
• Plant Growth Regulator
• Other

Market split by Application, can be divided into:
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Turfs & Ornamentals
• Other

Request a Sample Copy of Agrochemicals Market Report @ https://www.millioninsights.com/industry-reports/agrochemicals-market-report/request-sample

Geographical segmentation for the market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. Europe accounts for a significant market share in the global scenario due to stringent policies and regulatory framework for using agrochemicals in the agriculture sector.
Asia-Pacific regions are more likely to witness a robust CAGR during the forecast period due to vast presence of agricultural infrastructure, favourable climatic conditions and agricultural practices at large. Use of agrochemicals for improving per hectare yield by modern techniques of cultivation is more likely to propel the market growth during the forecast period. North America regions are likely to witness a highly moderate growth owing to stringent policies and approvals for organic pesticides and fertilizers for crop production.
Location: Felton, CA, USA

Comments

Post a Comment

Popular posts from this blog

Spinal Implants & Devices Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2023 – 2030

  Spinal Implants & Devices Industry Overview The global  Spinal Implants & Devices Market  size is expected to reach USD 19.0 billion by 2030 and is expected to expand at a CAGR of 5.2% in the forecast period, from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing number of vehicular accidents is leading to increasing new cases of spinal cord injuries (SCIs). Other causes of SCIs include falls, violence, acts of violence, sports and recreation injuries, and diseases. Vehicular or road accidents and falls account for the majority of SCI cases. Fall-induced SCI is common among people aged 65 years and above. Acts of violence such as gunshot wounds or knife wounds account for around 12% of SCI cases. Sports activities such as diving in shallow water and impact sports lead to nearly 10% of SCIs. Cancer, osteoporosis, arthritis, and inflammation of the spinal cord also cause SCI. Based on National Spinal Cord Injury Statistical Center da...
Read more

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Overview, Cost Structure Analysis and Forecast to 2030

  Latin America Pharmaceutical Contract Manufacturing & Research Services Industry Overview The  Latin America Pharmaceutical Contract Manufacturing & Research Services Market  size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.5% from 2022 to 2030. The low cost of drug registration in Latin American countries and the economic growth are the key factors contributing to progress in this region. Moreover, factors such as the growing demand for generics, rising investments in R&D, the growing geriatric population, and the increasing burden of chronic diseases are responsible for market growth. The outbreak of COVID-19 has boosted the market growth as companies have increased investments in R&D and manufacturing to develop vaccines and drugs against the COVID-19. During the coronavirus outburst, the supply chains of biopharmaceutical companies remained robust...
Read more

Europe Orthopedic Navigation Systems Market - Global Industry Insights, Trends and Growth Opportunity Analysis to 2030

  Europe Orthopedic Navigation Systems Industry Overview The  Europe Orthopedic Navigation Systems Market  size is expected to reach USD 2,504.4 million by 2030, according to a new report published by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.8% from 2023 to 2030. The rising number of target diseases especially in the geriatric population is responsible for the rapid growth of the market. According to the Executive Agency for Health and Consumers, one in ten people in the geriatric population in Europe is suffering from osteoarthritis. Minimal invasion and low post-operative complications associated with computer-assisted surgery are anticipated to drive regional market growth over the forecast period. Moreover, the introduction of technologically advanced products is expected to induce demand for  orthopedic navigation systems . For instance, Orthokey Italia developed a new version of KiRA system integrating it with the iPad to ...
Read more