Crop Protection is a term, used to protect crops from a variety of agents such as insects, weeds, birds etc. They are also used to enhance crop yields and protect plants from various diseases. Crop protection chemicals are of different types including herbicides, insecticides, fungicides, nematicides, and others. Because of their crop protection properties, crop protection chemicals find applications in numerous types of crops such as grains & cereals, commercial crops, pulses & oilseeds, fruits & vegetables, and others. Growing population coupled with advancement in the farming techniques for instance precision farming, smart plantation etc. and rising demand of bio-based crop protection is estimated to drive the demand of crop protection for the forecast period.
Crop Protection chemicals are
mainly divided into insecticides, herbicides, and fungicides. Herbicides are
used in arable farming for weed control, residues of the previous crop hold the
soil in place in wind and rain and make arable farming superfluous.
Few of the well-organized companies
that are presently working in the Crop
Protection market are DowDuPont Inc., Agreliant Genetics LLC,
GroupeLimagrain Holdings Corp., Sakata Seed Corp., BASF SE, DLF Seeds and
Science, Bayer Crop Science India Ltd., Takii seeds, Monsanto Co., Land O'
Lake, Canterra Seeds and science, Syngenta AG, KWS SAAT SE and among others.
Some of the most prominent players are focused on product improvement &
novel product development, resulting in a strong focus on research and
development such as partnerships & collaborations as well as mergers &
acquisitions.
Increase in usages of environmental friendly insecticides, followed by growth in agricultural production and increase in number of initiatives by government for prevalence of protection chemicals are some major factors, which are responsible for growth of the Crop Protection market. However, volatility in the prices of chemicals and lack of awareness among people may impact the market. Moreover, growth of bio pesticides and organic agriculture and surge in adoption of integrated pest management are leading opportunities for market.
The future growth of the Crop
Protection chemicals market depends heavily on the global harmonization of
agricultural standards and the introduction of sustainable agricultural
practices in emerging economies around the world. Looking at the observed
dataset of global farming & agricultural yields, the demand for food
products is expected to witness a substantial rise in the upcoming years,
simultaneously leading to growth in the requirement for crops. These factors
are predictable to result in high demand for pesticides & other crop care
products in the global market.
By geographic analysis, the
North-America is a prevalent region in global
Crop Protection market because of increase in consumption level of crop
protection chemicals coupled with growth in technological advancements across
the region. The Europe and Asia-Pacific regions are projected to exhibit
substantial growth rate caused by rise in need for food security and
improvement in regulatory framework over the forecast period. It is estimated
that future of the global Crop Protection market will be bright owing to change
in crop trends and increase in government support during the forecast period.
For More Information, Click on the Link Below:-
Crop
Protection Market Research Report
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
No comments:
Post a Comment