Agrochemicals Market worth 250.5 Billion USD by 2020
The agrochemicals market is projected to grow at a CAGR of 3.2% from 2015 to reach a projected value of USD 250.5 Billion by 2020.
(EMAILWIRE.COM, April 18, 2017 ) The report “Agrochemicals Market by Type (Fertilizers & Pesticides), Fertilizer Type (Nitrogenous, Potassic, & Phosphatic), Pesticide Type (Organophosphates, Pyrethroids, Neonicotinoids, and Bio-Pesticides), Sub-types & Crop Type - Global Trends & Forecast to 2020”, defines and segments the global agrochemicals market with analysis of current demand and forecasted consumption in terms of volume (KT) and value (USD Million). It also identifies the driving and restraining factors for the global agrochemicals market with analysis of trends, opportunities, and challenges. The market is segmented on the basis of type, sub-type, and crop type. The market is segmented and market size by value and volumes are forecasted for the major regions such as North America, Latin America, Europe, Asia-Pacific, and Rest of the World (RoW).
Browse 132 market data tables and 60 figures spread through 201 pages and in-depth TOC on “Agrochemicals Market - Global Trends & Forecast to 2020”
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The agrochemicals market is considered to be one of the most important segments of agri-inputs, due to the expanding commercial cultivation of high value crops to meet the rising diversified food demand. Agrochemicals are consequently seen as those products, which improves the return on investment and also aid in meeting farmer’s as well as consumer demands, from the economical and health perspective with increasing per hectare production of quality agricultural products.
The adoption of new technologies that increases crop production through the optimal use of scarce resources such as land, water, and fertilizers is gaining attention in the field of agriculture. The high growth potential in emerging markets and untapped regions, provides new growth opportunities for the market players. The growth of this market is driven by growing farmer’s attention towards superior quality agrochemicals, which should be balanced and nutritive.
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Growing population and declining arable land to feed the resultant population are driving the overall agrochemicals market. Increasing pest concerns and emergence of a variety of agrochemicals are expected to drive the demand for agrochemicals in the near future. The agrochemicals market is also driven by factors such as rigorous research & sharing of intellectual property rights and shifting R&D investments. Expansion in crops such as oilseeds and sugarcane is mainly expected due to the widening applications such as food, feed, fuel, and other industrial uses, which in turn drive the agrochemicals market. Development of safe alternatives such as bio-farming and organic pesticides is restraining the growth of the agrochemicals market.
The global market for agrochemicals was valued at USD 207.5 billion in 2014. It is projected to reach USD 250.5 billion by 2020, at a CAGR of 3.2% from 2015 to 2020. Asia-Pacific dominated the global market with a share of around 36.7%. The European region is expected to be the fastest-growing market in the near future, for the growing concentration of farmers towards technology driven agriculture practices.
Market for agrochemicals is being driven by increasing awareness among the farmers across developing nations with the technology driven farm practices. The regional government supports to increase the agricultural crop output with minimized use of agrochemicals.
High-value crops such as cereals & grains and fruits & vegetables and protected cultivation of crops are driving the demand for the agrochemicals market. Increase in protected cultivation of crops has been attracting growers across the globe as it offers handful returns on investment. More number of growers have ventured into the greenhouse system of agriculture production industry, for higher rates of return for the product. The use of agrochemicals is highly seasonal and improved, protected crop production is driving the year-round demand for agrochemicals products, especially pesticides and- fertilizers.
Major players such as Israel Chemicals (Israel), Yara International ASA (Norway), The Mosaic Co. (U.S.), BASF SE (Germany), and Dow Chemical Limited (U.S.) account for around 70% of the global agrochemicals market, with respect to the developments in the market from 2015-2020. Agreements, partnerships, joint ventures & collaborations were found to be the most preferred growth strategies in the agrochemicals market.
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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
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WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com
Blog:http://www.marketsandmarketsblog.com/market-reports/chemical/agro-chemicals
Browse 132 market data tables and 60 figures spread through 201 pages and in-depth TOC on “Agrochemicals Market - Global Trends & Forecast to 2020”
Request Sample:http://www.marketsandmarkets.com/requestsample.asp?id=132
Early buyers will receive 10% customization on reports.
The agrochemicals market is considered to be one of the most important segments of agri-inputs, due to the expanding commercial cultivation of high value crops to meet the rising diversified food demand. Agrochemicals are consequently seen as those products, which improves the return on investment and also aid in meeting farmer’s as well as consumer demands, from the economical and health perspective with increasing per hectare production of quality agricultural products.
The adoption of new technologies that increases crop production through the optimal use of scarce resources such as land, water, and fertilizers is gaining attention in the field of agriculture. The high growth potential in emerging markets and untapped regions, provides new growth opportunities for the market players. The growth of this market is driven by growing farmer’s attention towards superior quality agrochemicals, which should be balanced and nutritive.
Make an Inquiry:
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=132
Growing population and declining arable land to feed the resultant population are driving the overall agrochemicals market. Increasing pest concerns and emergence of a variety of agrochemicals are expected to drive the demand for agrochemicals in the near future. The agrochemicals market is also driven by factors such as rigorous research & sharing of intellectual property rights and shifting R&D investments. Expansion in crops such as oilseeds and sugarcane is mainly expected due to the widening applications such as food, feed, fuel, and other industrial uses, which in turn drive the agrochemicals market. Development of safe alternatives such as bio-farming and organic pesticides is restraining the growth of the agrochemicals market.
The global market for agrochemicals was valued at USD 207.5 billion in 2014. It is projected to reach USD 250.5 billion by 2020, at a CAGR of 3.2% from 2015 to 2020. Asia-Pacific dominated the global market with a share of around 36.7%. The European region is expected to be the fastest-growing market in the near future, for the growing concentration of farmers towards technology driven agriculture practices.
Market for agrochemicals is being driven by increasing awareness among the farmers across developing nations with the technology driven farm practices. The regional government supports to increase the agricultural crop output with minimized use of agrochemicals.
High-value crops such as cereals & grains and fruits & vegetables and protected cultivation of crops are driving the demand for the agrochemicals market. Increase in protected cultivation of crops has been attracting growers across the globe as it offers handful returns on investment. More number of growers have ventured into the greenhouse system of agriculture production industry, for higher rates of return for the product. The use of agrochemicals is highly seasonal and improved, protected crop production is driving the year-round demand for agrochemicals products, especially pesticides and- fertilizers.
Major players such as Israel Chemicals (Israel), Yara International ASA (Norway), The Mosaic Co. (U.S.), BASF SE (Germany), and Dow Chemical Limited (U.S.) account for around 70% of the global agrochemicals market, with respect to the developments in the market from 2015-2020. Agreements, partnerships, joint ventures & collaborations were found to be the most preferred growth strategies in the agrochemicals market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com
Blog:http://www.marketsandmarketsblog.com/market-reports/chemical/agro-chemicals
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results