The
report titled “South Africa
Crop Protection Market Outlook to 2022 – By Herbicides, Insecticides,
Fungicides, Biopesticides and others; By Generic and Patented Pesticides; By
Technicals and Formulations; By Crops (Cereal Crops, Fruit Crops and Vegetable
Crops)” by Ken
Research suggested a noteworthy CAGR of 6.1% in terms of revenue in South
Africa Crop Protection Market in the upcoming years till the year ending 2022E.
Pesticide is an
inevitable part of South Africa Agriculture ecosystem
South Africa is one of the most developed
countries in the African region. Agriculture is the backbone of the South
African economy, with the majority of population still living in rural areas
and depending upon agriculture. In an agricultural based economy, food security
is always a focus point for the government. Crop protection industry is one of
the few industries which help in ensuring food security. Nearly 40% of the
crops are damaged in South Africa every year due to prevalence of insects or
pests without the use of crop protection products. Hence, crop protection
becomes crucial in a growing agricultural economy of South Africa.
Pressure on Crop Yields and Crop Loss to
Drive Demand for Pesticides
Vegetable and horticultural crop yields
will soon become more important due to increasing urbanization but they are
plagued by insect pests and disease that can reduce yields by up to 80.0%.
Farmers often resort to using chemical pesticide sprays to mitigate the
problem. Most farmers ignore the natural way in which pests and disease can be
managed i.e. with the help of bio-pesticides. Biopesticides derived from plants
as well as microorganisms such as viruses and fungi-have no adverse impact on environmental
and human health.
If proper preparation techniques are
used and if they are applied correctly, biopesticides can be as effective as
conventional pesticides. However, biopesticides take time to start taking
effect on the crops. This factor majorly impacted the sales of biopesticides as
the farmers are reluctant to use it.
Consolidating market
positioning
The global players with their recent
mergers or acquisitions have consolidated their position at the global level
with a view to increase their market share further. The mergers have been
accepted by the competition commission of South Africa and will have a positive
impact on the crop protection market. The crop protection market is expected to
get extremely competitive in the future, and the growth is going to be steady. With
newer technologies coming in and stricter regulations and guidelines, the
companies which adapt faster will have an advantage in the market. The mergers
have ensured a lot of entry barriers in the industry. Hence it will be tougher
for the newer companies to enter into the market.
Key Segments Covered:-
Type of Pesticides:- Herbicides,
Insecticides, Fungicides, Biopesticides
Nature of Pesticides:- Generic,
Patented
Form of Pesticides:- Liquid, Granules
and Powder
Market Structure:- Organized,
Unorganized
Type of Crops:- Cereal
Crops, Fruit Crops, Vegetable Crops
Key Target Audience:- Crop
Protection Companies, Crop Protection Associations, International Investors, Chemical
Companies, International Crop Protection Companies
Time Period Captured in the Report:-
Historical Period – 2012-2017
Forecast Period – 2018-2022
Companies Covered:- Villa,
Arysta, Syngenta, Bayer, Dow-DuPont, BASF, ADAMA, Monsanto
Keywords:-
South Africa Agrochemical Market, South Africa
Pesticide Market, Biopesticide Revenue South Africa, Crop Protection Industry
South Africa, Pesticides Import South Africa, South African Herbicide Market, Insecticide
Market South Africa, Trends South Africa Pesticides, Fungicide Market South
Africa, Competition Pesticide South Africa, Future South Africa Pesticides, Glyphosate
Sales South Africa, Triazine Market South Africa, Pyrethroids Market South
Africa, Abamectin Revenue South Africa, Triazole Import South Africa, Azoxystrobin
Sales South Africa, Carbendazim Revenue South Africa, Generic Pesticide Sales
South Africa
For more information on the research
report, refer to below link:
Related Reports By Ken Research:-
Contact Us:-Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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