|11-01-2018 09:59 AM CET - IT, New Media & Software||
VRT Technology Market Is Booming (USD 3.5 billion) Worldwide | Kubota Corporation, Lindsay Corporation, Raven Industries
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
HTF Market Intelligence released a new research report of 200 pages on title 'Global VRT Technology Market Size study, by Application (Soil Sensing VRT, Fertilizer VRT, Seeding VRT, Crop Protection Chemical VRT, Yield Monitor VRT, Irrigation VRT, Other VRT Types), by Offering (Hardware, VRT Service, VRT Software) by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Application Method (Sensor Based VRT, Map Based VRT), Farm Size(Large Farms, Small Farms, Mid-Size Farms) and Regional Forecasts 2018-2025' with detailed analysis, forecast and strategies. The study covers key regions that includes Asia Pacific, North America, Europe, Latin America and Rest of the World and important players such as AGCO Corporation, AG Leader Technology, Aarkay Food Product etc.
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Global VRT Technology Market to reach USD 3.5 billion by 2025. The VRT Technology market is developing and expanding at a significant pace. The cheese is a food product precisely derived from milk as cheese is produced in wide range of textures, flavors & forms by coagulation of the milk protein casein. The VRT Technology is mainly considering as dehydrated cheese. The VRT Technology is a substitute for hard cheese owing to their convenience in shelf stability, storage and handling. The VRT Technology can be marketed as reduced-fat or reduced-sodium by utilizing low fat & low salt cheese as the cheese ingredient. The manufacturers get a better value by utilizing high flavored cheese which makes much more favorable VRT Technology. The VRT Technology has surging demand outside the United States as countries with low dairy resources has developed western taste buds. An average American individual eats around 23 pounds of cheese per year. Cheddar cheese is considered as widely popular cheese on the global scenario. The cheddar is a firm to hard cheese with a natural color of pale to white to yellow. In the present scenario, A coloring agent is also included in the cheese milk that produces cheddar with an orange color. The flavor of cheddar cheese may range from mild to sharp depending on the duration of aging. The cheddar cheese has been majorly adopted owing to rise in the utility of convenience food in the fast food market across the globe.
However, taking into consideration the process of converting cheese to VRT Technology many volatile compounds which includes dimethyl sulfide and diacetyl could be lost that are quite pivotal to cheese flavor & many hamper the demand as well that could negatively impact the growth of VRT Technology market. The price of VRT Technology is also high comparing it with hard cheese which could also be an impactful factor in restraining the growth of VRT Technology market on the global scenario. The VRT Technology market is anticipated to grow with a CAGR of 12.60% during the forecasted period of 2018-2025.
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The regional analysis of Global VRT Technology Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The Key Market Players Include-
AGCO Corporation, AG Leader Technology, Aarkay Food Product, CNH Industrial N.V., Deere & Company, Kubota Corporation, Lindsay Corporation, Raven Industries Inc, Senterra LLC, SST Software, Trimble Inc, Topcon Corporation, Teejet Industries, Valmont Industries, Yara International ASA
The detailed segments and sub-segment of the market are explained below:
§ Soil Sensing VRT
§ Fertilizer VRT
§ Seeding VRT
§ Yield Monitor VRT
§ Crop Protection Chemical VRT
§ Irrigation VRT
§ Other VRT Types
§ VRT Service
§ VRT Software
By Crop Type:
§ Cereals & Grains
§ Fruits & Vegetables
§ Oilseeds & Pulses
By Application Method:
§ Sensor Based VRT
§ Map Based VRT
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By Farm Size:
§ Large Farms
§ Small Farms
§ Mid-Size Farms
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global VRT Technology Market in Market Study:
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
TABLE OF CONTENTS
Global VRT Technology Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
1.7. Research Process
1.7.1. Data Mining
1.7.3. Market Estimation
1.8. Research Assumption
View Detailed Table of Content @ www.htfmarketreport.com/reports/1440321-global-vrt-techno...
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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