As the population is increasing worldwide, with this the demand for the agricultural products is also increasing. However, the availability of the landmass for the production of crops and farm products is decreasing due to urbanization and industrialization. Besides this, the people are becoming health conscious, thereby there is an expansion in demand for natural food, fresh fruits, vegetables, and flowers which requires an extremely controlled environment and precise nutritional content in the soil. These aforementioned factors have compelled the farmers to use different types of crop protection solutions for enhancing crop production and improving soil quality. Due to high concern towards agricultural sustainability, soil quality, and environmental safety, the agrochemicals products are rapidly used by the farmers along with the organic manure to improve soil fertility and the health of crops and plants. Owing to such factors, the demand for crop protection chemicals is likely to grow in the near future.
According to UnivDatos Market
Insights (UMI)’ research report “Global Crop
Protection Chemicals Market”, the market is expected to showcase
a growth of around 4% during the forecast period. Over year years population has grown
rapidly, thereby increasing the demand of food. However, only a strain of land
has grown due to limited availability. This has created the demand of effective
agrochemicals, as in turn increased the demand crop protection chemicals. For instance, according to the Our World in Data, the global
agricultural land per capita has decreased to 0.6 hectare in 2018 compared to
1.4 hectare in 1961.
𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31610&utm_source=linkedin&utm_medium=himan
Based on product type, the market is categorized into
synthetic and biopesticides. Of both, in 2020, synthetic pesticides held the
dominated position in the market and is likely to maintain its position during
the forecast period as well. Due to its low-cost and large production base
across the regions. However, during the forecast period, the biopesticides is
likely to showcase significant growth due to increasing demand for synthetic
chemicals free pesticides among the consumers.
Based on crop, the market is categorized into
cereals & grains, oilseeds & pulses, fruits & vegetables, and
others. After fruits & vegetables, the cereals and grains category held a
significant share in the global crop protection chemicals market. Since cereals
& grains are considered as the staple crops across the globe, therefore
maintaining a strong demand among people. Further, as the global population is
rising resulting in more demand for foods, which eventually increase the
pressure to improve the production of these crops. As a result, to bridge the
supply-demand gap, utilization of crop protection chemicals is likely to
increase to improve the quality and quantity of crops and maintaining the soil
health and fertility.
𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31610&utm_source=linkedin&utm_medium=himan
Asia-Pacific is
expected to showcase robust growth over the forecast period
For a better understanding of the market adoption of crop protection
chemicals, the market is analyzed based on its worldwide presence in the
countries such as North America (the United States, Canada, Rest of North
America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest
of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and
Rest of World. The Asia-Pacific region accounted for a significant share in
the market and is expected to showcase substantial growth during the forecast
period owing to a large and growing base of the agriculture sector due to
increasing population, rapid urbanization resulting in more pressure on farmer
to increase the crop yield, and the growing demand for better quality crop
protection chemicals for improving health and fertility of the soil.
According
to UnivDatos Market Insights (UMI)’,
the key players with a considerable market share in the
global crop protection chemicals market include Bayer AG, Syngenta AG, BASF
SE, Corteva Inc., FMC Corporation, UPL Limited, Nufarm Ltd., Sumitomo Chemical
Co. Ltd., Jiangsu Yangnong Chemical Group Co. Ltd., and Shandong Weifang
Rainbow Chemical Co. Ltd. These companies are taking several strategic
decisions to meet the growing demand and increase their market share.
“Global Crop
Protection Chemicals Market” provides comprehensive qualitative and quantitative insights on
the industry potential, key factors impacting sales and purchase decisions,
hotspots, and opportunities available for the market players. Moreover, the
report also encompasses the key strategic imperatives for success for
competitors along with strategic factorial indexing measuring competitors’
capabilities on different parameters. This will help companies in the
formulation of Go to Market Strategies and identifying the blue ocean for its
offerings.
Market Segmentation:
1.
By Type (Herbicides,
Insecticides, Fungicides, and Others)
2.
By Product Type (Synthetic and
Biopesticides)
3.
By Form (Liquid and Solid)
4.
By Mode of Application (Foliar Spray, Seed
Treatment, Soil Treatment, and Others)
5.
By Crop Type (Cereals
& Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others)
6.
By Region (North America (the
United States, Canada, Rest of North America), Europe (Germany, the United
Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India,
Rest of APAC), and Rest of World)
7.
By Company (Bayer
AG, Syngenta AG, BASF SE, Corteva Inc., FMC Corporation, UPL Limited, Nufarm
Ltd., Sumitomo Chemical Co. Ltd., Jiangsu Yangnong Chemical Group Co. Ltd., and
Shandong Weifang Rainbow Chemical Co. Ltd.)
Key questions answered in the study:
1.
What are the current and future trends
of the global crop protection chemicals industry?
2.
How the industry has been evolving in terms
of type, product type, form, mode of application, and crop type?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the global crop protection chemicals industry?
5.
What are the customer orientation,
purchase behavior, and expectations from the global crop protection chemicals suppliers
across various region and countries?
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