Press release
Agricultural Pesticides Market 2022 By Manufacturers, Regions, Type And Application, Forecast To 2030
DefinitionThe companies that create and prepare agricultural and domestic pest control chemicals make up the entities (organisations, sole proprietors, or partnerships) that sell pesticides (except fertilizers). The enterprises that produce agricultural and domestic pest control chemicals are considered to be part of the pesticide and other agricultural chemical business.
Pesticides are substances that are used to get rid of or control a wide range of agricultural pests that can harm crops and livestock and lower farm output. Agrochemicals, also referred to as agricultural chemicals, are chemical agents used to control pests that affect crops, such as fungus, viruses, and herbicides, insecticides, and weed killers. To manage pests that destroy crops, including mice, nematodes, and bacteria, other agricultural pesticides include rodenticides, nematocide, and bactericides.
Pesticides are compounds or mixtures of substances used to control, eradicate, or otherwise deal with pests. Pesticides are the final input in a farming operation and are used to stop crops from being ruined by pests like insects, fungi, weeds, etc., consequently raising agricultural productivity. The necessity to increase overall agricultural production and the need to provide enough food supply for the nation's steadily expanding population have increased the importance of pesticides during the past few decades. Pests and diseases in India typically consume 20-25% of the nation's entire food production.
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Market Trends:
Globally, horticulturists and toxicologists are using nanotechnology and nanoparticles to create new, eco-friendly insecticides. The pharmaceutical, medical device, and chemical sectors have all been transformed by nanoparticles. Many insecticides are non-toxic, thus most engineers think that nanotechnology can help make them far safer.
Companies in the herbicides sector are investing more and more in R&D to provide ecologically friendly substitutes. Many nations are considering outlawing dangerous herbicides like glyphosate that release toxic pollutants into the environment.
Opportunities:
Brazil, with a $7.09 billion market for pesticides, will see the largest growth. The adoption of biopesticides, expansion of the use of nanoinsecticides, adoption of adjuvants, concentration of major players, safety regulations that lead to product development, low prices that increase the demand for inorganic fungicides in developing nations, and investments in new product development are just a few of the market-trend-based strategies for the pesticides market. In the pesticides industry, player-adopted strategies include incorporating agronomic expertise to support M&A initiatives to grow product portfolios, new product launches and approvals, and investing in R&D efforts.
Global Agricultural Pesticides Market: Major Players
• Agrium
• Marubeni Corporation
• Nippon Soda Co., Ltd.
• Mitsubishi Corporation
• FMC
• SC Johnson
• Jiangsu Good Harvest-Weien Agrochemical
• DowDuPont
• Monsanto
• Bayer AG
• Agro-Kanesho Co., Ltd.
• BASF SE
• Nufarm
• Mitsui & Co., Ltd.
• Schirm GmbH
• Hubei Sanonda
• Syngenta AG
• Sumitomo Chemical
• Land O'Lakes, Inc.
• Albaugh
Global Agricultural Pesticides Market: Types
• Herbicides
• Insecticides
• Fungicides
• Others
Global Agricultural Pesticides Market: Applications
• Cereal
• Fruits
• Plantation Crops
• Vegetables
• Others
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Frequently Asked Questions:
• How has the Indian pesticides market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Indian pesticides market?
• What are the major segments in the Indian pesticides market?
• What is the breakup of the Indian pesticides market on the basis of product type?
• What is the breakup of the Indian pesticides market on the basis of formulation?
• What is the breakup of the Indian pesticides market on the basis of crop type?
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