Showing posts with label Agrochemical Businesses Australia. Show all posts
Showing posts with label Agrochemical Businesses Australia. Show all posts

Wednesday, January 25, 2023

Australia Crop Protection Market is expected to grow at a robust CAGR, owing to the rising demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers: Ken Research

 Australia Crop Protection Market is in the growing stage, owing to the pest pressures, rising use of bio-based crop solutions, rising demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers. The Crop Protection Industry in Australia is consolidated with key players such as Syngenta AG, Bayer AG, Corteva AgriScience, BASF SE, United Phosphorus Ltd etc.

Australia Crop Protection Market

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Key Market Findings:

  • Australia Crop Protection Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022-2027F).
  • New product launches, mergers and acquisition, and partnerships are the major strategies adopted by the leading companies in the market. These companies are also focusing on investing in innovations, collaborations, and expansions in order to increase their market share.

Rise in Adoption of Bio-pesticides: Bio-pesticides generally only impact the target pest and other organisms that are closely related to it, as opposed to regular synthetic pesticides, which can also be damaging to other organisms. Therefore, they are inherently less toxic than standard synthetic pesticides. Although the bio-pesticide segment only contributed a small fraction of the revenue earned by the crop protection industry, it is anticipated to grow significantly in Australia over the course of the projected period. These factors increase the appeal of bio-based products among Australian farmers who engage in sustainable farming. During the forecasted period, the crop protection market in the area is likely to be driven by the need for such goods. With the rising demand for bio-pesticides, most major crop protection companies are developing and marketing products containing non-synthetic ingredients derived from plants, microbes, or minerals.

Sugarcane Sector contributing to the Australia Crop Protection Market: Sugarcane was the highest produced crop in Australia in 2021. Along with wheat and cotton, sugarcane is one of the most popular and widely cultivated plants in the region. However, the production of sugarcane is often restricted by dangerous diseases, such as red rot, sour rot, and rust. In Australia, the sugarcane industry makes extensive use of pesticides to avoid or reduce losses caused by such circumstances. Products from several companies, including Syngenta and Bayer, are largely intended to control these diseases. Use of crop protection chemicals is crucial to maintain sugarcane production growth. The Australia Crop Protection Market will therefore be driven by demand from sugarcane growers during the course of the projected period.

Analysts at Ken Research in their latest publication “Australia Crop Protection Market Outlook to 2027F - By Origin (synthetic, bio-based), By Type (herbicides, insecticides, fungicides, nematicides, molluscicides and others), By Application (grains and cereals, pulses and oilseeds, fruits and vegetables, commercial crops, and others)” observed that Australia Crop Protection Market is expected to showcase considerable growth in the upcoming five years. In these years, it is predicted to expand more rapidly due to increase in demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers. The Crop Protection Market in Australia is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

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Key Segments Covered in the report

 By Origin

  • Synthetic
  • Bio-based

 By Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Nematicides
  • Molluscicides
  • Others

 By Application

  • Grains and Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Commercial Crops
  • Others

 Key Target Audience

  • Government Bodies and Regulatory Authority
  • Agrichemical Companies
  • Biotechnological Companies
  • Pesticide Manufacturers
  • Fintech Companies
  • Investors and Financiers
  • Chemical Companies
  • Venture Capitalist
  • New Market Entrants

 Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Period: 2022
  • Forecast Period: 2022-2027F

Companies Covered:

  • Syngenta AG
  • Bayer AG
  • Corteva AgriScience
  • BASF SE
  • United Phosphorus Ltd
  • ADAMA Agricultural Solutions
  • FMC Corporation
  • Nufarm Ltd
  • Sumitomo Chemicals
  • American Vanguard Corporation

 Key Topics Covered in the Report

  • Australia Crop Protection Market Overview
  • Australia Crop Protection Market Segmentation
  • Ecosystem of Australia Crop Protection Market
  • Market Share of Major Players in Australia Crop Protection Market
  • Industry Analysis of Australia Crop Protection Market
  • Value Chain of Crop Protection Market in Australia
  • Key Challenges of Australia Crop Protection Market
  • End User Analysis of Australia Crop Protection Market
  • Key Growth Drivers of Australia Crop Protection Market
  • SWOT Analysis of Australia Crop Protection Industry
  • Future Outlook of Australia Crop Protection Market
  • Trends and Development of Australia Crop Protection Market

For more insights on the market intelligence, refer to the link below: –

Future Outlook of Australia Crop Protection Market

Related Reports by Ken Research: –

South Africa Crop Protection Market Outlook to 2022

Indonesia Agrochemicals Market Outlook to 2025

Europe Agriculture Equipment Market Outlook to 2023

Tuesday, January 24, 2023

The Australia Crop Protection Industry has grown steadily in the last five years owing to the technological innovations in the industry and rising use of bio-based crop solutions: Ken Research

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The Crop Protection Market in Australia saw a steady growth in the period of 2017-2021, and the market is expected to grow at a robust CAGR in the forecasted period.

Australia Crop Protection Market Overview: The Australia Crop Protection Market is currently at the growth stage owing to the technological innovations in the industry, pest pressures, rising use of bio-based crop solutions, rising demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers as well as government initiatives. The market is consolidated with ~ players owning the majority of the market.

Insecticides Dominate the Crop Protection Market in Australia: One of the major contributors to the nation's Crop Protection Market in Australia is insecticides. Wheat and Cereals are the major crops grown in the country. Therefore, insecticides are the most commonly used agrochemicals to protect these crops. The Australian government is encouraging the expansion of bio-insecticide goods over conventional pesticide products due to increased environmental harm incidents and organic farming.

Impact of Covid-19 on Australia Crop Protection Market: Australia implemented a nationwide lockdown during the COVID-19 pandemic to prevent the virus's spread. However, the Federal Minister for Agriculture deemed Australia’s food production and supply chain as an essential service, with assurances that there will be no stoppage in agricultural supply lines, transportation, and logistics despite state-imposed border closures; thus pesticides were continually delivered to farms. As a result, the COVID-19 pandemic did not have a significant impact on the Australian Crop Protection Market.

Crop Yields Depend on Agrochemicals: Among the major cereals grown in Australia which include wheat, barley, oats, canary and triticale, insects such as cutworm, armyworm, mites, heliciverpa, and aphids are commonly known pest species that cause yield loss for these crops. Therefore, insecticides are the most commonly used agrochemicals in cereals and grains in the country. Barley like any other cereals can be damaged by a wide range of insect pests. Aphids are the primary insect pest affecting barley in the northern growing region of Australia. Research has shown that the main impact of aphids in the northern region is through their feeding activity, which reduces barley yields. Therefore, to reduce the infestation of diseases and pest, many farmers in Australia rely on agrochemicals to protect their crop from pests, weeds and diseases.

Analysts at Ken Research in their latest publication Australia Crop Protection Market Outlook to 2027F - By Origin (synthetic, bio-based), By Type (herbicides, insecticides, fungicides, nematicides, molluscicides and others), By Application (grains and cereals, pulses and oilseeds, fruits and vegetables, commercial crops, and others)” observed that Australia Crop Protection Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increase in demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers. The Crop Protection Market in Australia is expected to grow at ~% CAGR over the forecasted period 2022-2027F.


For more information, request a free sample

Key Segments Covered in the report

 By Origin

  • Synthetic
  • Bio-based

 By Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Nematicides
  • Molluscicides
  • Others

 By Application

  • Grains and Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Commercial Crops
  • Others

 Key Target Audience

  • Government Bodies and Regulatory Authority
  • Agrichemical Companies
  • Biotechnological Companies
  • Pesticide Manufacturers
  • Fintech Companies
  • Investors and Financiers
  • Chemical Companies
  • Venture Capitalist
  • New Market Entrants

 Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Period: 2022
  • Forecast Period: 2022-2027F

Visit A link Request for Custom Report 

Companies Covered:

  • Syngenta AG
  • Bayer AG
  • Corteva AgriScience
  • BASF SE
  • United Phosphorus Ltd
  • ADAMA Agricultural Solutions
  • FMC Corporation
  • Nufarm Ltd
  • Sumitomo Chemicals
  • American Vanguard Corporation

 Key Topics Covered in the Report

  • Australia Crop Protection Market Overview
  • Australia Crop Protection Market Segmentation
  • Ecosystem of Australia Crop Protection Market
  • Market Share of Major Players in Australia Crop Protection Market
  • Industry Analysis of Australia Crop Protection Market
  • Value Chain of Crop Protection Market in Australia
  • Key Challenges of Australia Crop Protection Market
  • End User Analysis of Australia Crop Protection Market
  • Key Growth Drivers of Australia Crop Protection Market
  • SWOT Analysis of Australia Crop Protection Industry
  • Future Outlook of Australia Crop Protection Market
  • Trends and Development of Australia Crop Protection Market

For more insights on the market intelligence, refer to the link below: –

Future Outlook of Australia Crop Protection Market

Related Reports by Ken Research: –

South Africa Crop Protection Market Outlook to 2022

Indonesia Agrochemicals Market Outlook to 2025

Europe Agriculture Equipment Market Outlook to 2023