Press release
Agricultural Pesticides Market is projected to reach US$ 145.8 Billion by 2030: BASF SE, ADAMA Ltd, Novozymes AS
Agricultural Pesticides Market
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According to HTF Market Intelligence, the Global Agricultural Pesticides market is segmented by Global Agricultural Pesticides Market Breakdown by Type (Herbicides, Insecticides, Fungicides and bactericides, Others) by Product Type (Synthetic pesticides, Biopesticides) by Formulation (Liquid, Dry) by Crop Type (Vegetables & Fruits, Oilseeds & Pulses, Cereals & Grains, Commercial Crops, Plantation Crops, Turfs & Ornamentals, Others).
Definition:
Pesticides are chemicals that are used to control, destroy, and prevent the growth of pests and unwanted species of plants and animals. Herbicides, insecticides, and fungicides are collectively known as pesticides. Pesticides act as growth regulators in plants, defoliant for trees and plants, desiccant for fleas, prevents thinning of fruit. Moreover, they prevent the premature falling of fruit. Pesticides are applied to crops before or after harvest to protect the commodity from deterioration during storage and transport. Application of pesticides provides better farm yield and storage and distribution of obtained output. They are also used on animals for controlling insects, arachnids, or other pest infestations.
The global Agricultural Pesticides market was valued at 103490 million in 2021 and is projected to reach US$ 145.8 Billion by 2030, at a CAGR of 5.1% during the forecast period.
Agricultural Pesticides Market Competitive Analysis:
Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
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Players Included in Research Coverage: ADAMA Ltd. (Israel), BASF SE (Germany), Bayer AG (Germany), Cropnosys India Pvt. Ltd. (India), DuPont de Nemours Inc. (United States), FMC Corp. (United States), Isagro Spa (Italy), NACL Industries Ltd. (India), Novozymes AS (Denmark), Nufarm Ltd. (Australia), Shandong Weifang Rainbow Chemical Co. Ltd. (China), Sichuan Fuhua Agricultural Investment Group (China), Sinochem Group Co. Ltd. (China), Sumitomo Chemical Co. Ltd. (Japan), Syngenta Crop Protection AG (Switzerland), UPL Ltd. (India), Zuari Agro Chemicals Ltd. (India)
Additionally, Past Agricultural Pesticides Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.
Segmentation and Targeting:
Essential demographic, geographic, psychographic, and behavioral information about business segments in the Agricultural Pesticides market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns.
Agricultural PesticidesProduct Types In-Depth: Synthetic pesticides, Biopesticides
Agricultural Pesticides Major Applications/End users: Herbicides, Insecticides, Fungicides and bactericides, Others
Agricultural Pesticides Major Geographical First Level Segmentation:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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