Emerging Opportunities in Agrochemical Market with Current Trends Analysis
Agrochemicals widely involve fertilizers, pesticides, hormones and plant growth regulators (PGR) that enable plant and soil protection, improve the yield, maintain and improve the growth process of plants.
Market Segment by Manufacturers, this report covers Bayer Crop Science, BASF, Agrium, CF Industries , Holdings, Potash Corporation of Saskatchewan, Yara International, Monsanto Company, E.I. Du Pont De Nemours & Company, Dow AgroSciences LLC and Syngenta AG..
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Scope of the Report:
This report focuses on the Agrochemical in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Shrinking arable land due to rapid industrialization and population explosion has resulted in increased use of agrochemicals, such as fertilizers and plant growth regulators, further triggering the market growth. The growing demand for crops as animal fodder and fiber in the textile industry has also provided the necessary boost to the agrochemicals industry.
Fertilizers dominated the agrochemicals market in 2017. Nitrogenous and phosphate fertilizers were most widely used due to their easy availability and low prices. However, the new trend of organic farming, which involves complete elimination of chemical-based fertilizers, has increased the demand for biofertilizers.
The demand for agrochemicals is expected to be the highest in Asia Pacific. The region is known for its agro-based countries such as India, Sri Lanka, and China, which are majorly dependent on agriculture and related industries for economic growth.
The worldwide market for Agrochemical is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 284800 million US$ in 2023, from 223700 million US$ in 2017
Market Segment by Regions, regional analysis covers
· North America (United States, Canada and Mexico)
· Europe (Germany, France, UK, Russia and Italy)
· Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
· South America (Brazil, Argentina, Colombia etc.)
· Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
· Fertilizers
· Crop Protection Chemicals
· Plant Growth Regulators
· Others
Market Segment by Applications, can be divided into
· Cereals & Grains
· Oilseeds & Pulses
· Fruits & Vegetables
· Others
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
· A detailed analysis of key segments of the market
· Recent developments in the market’s competitive landscape
· Detailed analysis of market segments up to second or third level of segmentation
· Historical, current, and projected future valuation of the market in terms of revenue and/or volume
· Key business strategies adopted by influential market vendors
· Outline of the regulatory framework surrounding and governing numerous aspects of the market
· Growth opportunities in emerging and established markets
· Recommendations to market players to stay ahead of the competition
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There are 15 Chapters to deeply display the global Agrochemical market.
· Chapter 1, to describe Agrochemical Introduction, product scope, market overview, market opportunities, market risk, market driving force;
· Chapter 2, to analyze the top manufacturers of Agrochemical, with sales, revenue, and price of Agrochemical, in 2016 and 2017;
· Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
· Chapter 4, to show the global market by regions, with sales, revenue and market share of Agrochemical, for each region, from 2013 to 2018;
· Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
· Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
· Chapter 12, Agrochemical market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
· Chapter 13, 14 and 15, to describe Agrochemical sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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