Wednesday, March 14, 2018

Global Fruit and Nut Farming Market to Become Organic in the Future:Ken Research


The report titled “Fruit And Nut Farming Global Market Report 2018”, provides a comprehensive analysis of global fruit and nut farming market, leading players, leading countries in cultivation of fruits and nuts, consumer’s point of view, organic fruit and nut farming market, challenges in global fruit and nut farming, farming technology and equipment, and future of global fruit and nut farming market.
Industry Overview, Leading Players and Leading Countries in Cultivation of Fruits and Nuts: Global fruit and nut farming market involves cultivation of fruits and nut crops on a large or small scale. Such crops are not grown from seeds and have a permanent life cycle. Asia Pacific is the largest geographic region accounting for a huge production of fruit and nuts in the global market. In the Asia Pacific region China is the leading country in the cultivation of fruits and nuts. The major fruits markets covered globally are orange groves, citrus groves and non-citrus groves. The leading players in the fruit and nut farming globally are Paramount Farming, South Valley Farms, Agriland Farming Co Inc, Farmland Management Services, and Braden Farms. Geographically the fruit and nuts farming market globally is spread across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa. The leading countries in fruit and nuts farming market are Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.
US being the largest producer of tree nuts has a huge demand and is expected to grow over the next few years. There is enough support from government which contributes to purchases of latest industry products. Majority of the global consumers are more inclined to purchase higher priced fresh fruits rather than processed varieties. The most important aspects for the fruit and nut farming industry are economies of scale, production of premium goods and establishment of export markets.
Organic Fruit and Nut Farming Market: There is huge demand for organic fruits and nuts farming industry on a global scale. Organic nuts and seeds are widely available at hypermarkets, supermarkets, online retailers, convenience stores, and others. The global organic nuts and seeds market provides better incentives for farmers to adopt organic farming that will have a positive impact on the growth of the market. The production of organic fruits and nuts does not include the use of any harmful pesticides and chemicals. Farmers cultivate organic fruits and nuts use crop rotation method in small family-run farms on a fertile land. Globally many governments are initiating policies to fund farmers and motivate them to embrace organic farming. Organic farming supports small farmers and animal welfare by preserving family farms. Global health awareness has encouraged individuals to purchase more organic fruits and nuts. There are many vendors in organic fruits and nuts market globally. A stiff competition was observed based on factors such as price, quality, innovation, service, reputation, distribution, and promotion. Organic fruits and nuts demand is high across the globe because they contain natural vitamins, minerals, and unsaturated fats with antioxidant properties that help in lowering heart diseases. The most purchased organic nuts are organic almonds.
Challenges in Global Fruit and Nut Farming Market: It was observed that there is a shortage of labour which increased the demand for advanced agriculture tools in many countries. This has driven the demand for agriculture robots or agribots used in farmlands for pruning, weeding and spraying pesticides and herbicides. Agribots are connected to tractors for spraying water, seeds, pesticides, nutrients and harvesting. In many regions, orange fruits are picked up by Energid Citrus Picking Robot System and it picks an orange every two seconds from a tree. Such systems enhance the productivity and reduce agricultural labour. Domestically the market opportunities are limited and fruit consumption levels have increased drastically owing to the health and wellness around the globe.
Future of Global Fruit and Nut Farming Market: Global fruit and nut farming revenue experiences stagnation over the past five years, in terms of production due to the drought in California. Majority of the fruit and nut trees require up to four years of growth before reaching bearing age. Therefore it is difficult to enter or exit the global fruit and nut industry and farmers remain in the industry for multiple years. The United States is also one of the largest growers of specific nuts trees. Global fruit and nut farming industry is at a mature stage of its life cycle. The market contributes to a country’s economy as it will continue growing over the next decade. It is anticipated that the industry revenue will rise over the next few years with the continued advancements in farming and transportation technology that will yield high-quality, high-value domestically grown fruit and nuts in the global market.
Key Topics Covered in the Report:
Fruit and Nut Farming Market
Fruit and Nut Farming Market Size
Fruit and Nut Farming Market Trends
Global Fruit and Nut Farming Market Analysis
Global Fruit and Nut Farming Market Competition
Asia-Pacific Fruit and Nut Farming Market
Western Europe Fruit and Nut Farming Market
Eastern Europe Fruit and Nut Farming Market
North America Fruit and Nut Farming Market
South America Fruit and Nut Farming Market
Middle East Fruit and Nut Farming Market
Africa Fruit and Nut Farming Market
Fruit and Nut Farming Market Future Outlook

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Tuesday, March 13, 2018

Thailand Complex (NPK) Fertilizer Market Outlook to 2022: Ken Research

Thailand Complex (NPK) Fertilizer Market Outlook to 2022 – Highly Competitive and Import Based Market” provides a comprehensive analysis of the complex fertilizer market in Thailand and covers complex fertilizer market size, consumption of complex fertilizers by product form (Granulated/Fused or Blended), by type (two or three nutrients), by crops (cereals, oilseeds, fruits & vegetables and others), by grade (NPK 15-15-15, NPK 16-16-8, NPK 16-8-8, NPK 10-10-16 and Others), company profile of major players including Thai Central Chemical Public Company, Yara International, ICL Fertilizers, Chia Tai, Terragro Fertilizer Company, Ajinomoto, Rayong Fertilizer Trading Co. The publication also includes trade scenario, Trend and developments and future analysis of Thailand complex fertilizer market with estimated production and consumption projections has also been discussed along with analyst recommendations.

Thailand Complex Fertilizer Market
The fertilizer consumption in Thailand has remained at low levels as compared to other Asian countries such as China, India, Vietnam and Indonesia. However, inclining population and food demand has resulted in increase in consumption of complex fertilizers in the country. Despite rise in demand, Thailand has not been able to achieve sufficient production levels of complex fertilizers. Thus, imports play a crucial role in the Thailand Complex Fertilizer Industry. Production capability is very limited with most of the straight fertilizers being imported in the country and used for bulk blending. Raw materials for manufacturing complex fertilizers are almost entirely imported by the country due to lack of necessary raw materials domestically. Production of complex fertilizers inclined at a steady pace in the last five years to meet the domestic demands of the country. In fact, production of complex fertilizers increased from ~ million MT in 2012 to ~ million MT by 2017. This represented growth at a CAGR of ~% during the period 2012-2017. The market for complex fertilizers grew from USD ~ million in 2012 to USD ~ million in 2017, representing growth at a CAGR of ~% during the period 2012-2017.

Thailand Complex Fertilizer Market Segmentation
By Product Form: Blended form of complex fertilizers was widely used in Thailand owing to lower capital investment required in producing the same. Blended complex fertilizers comprised for ~% of the market share as compared to ~% by granulated or fused complex fertilizers.

By Product Type: Complex fertilizers comprising of three primary nutrients (nitrogen, phosphorous and potassium) was widely consumed in Thailand and accounted for ~% market share in 2017. On the other hand, complex fertilizers comprising of two nutrients accounted for ~% market share in 2017.

By Grade: NPK 15-15-15 was the most widely used complex fertilizer in Thailand and accounted for ~% market share in overall complex fertilizer market in 2017. NPK 16-16-8, NPK 16-8-8 and NPK 10-10-16 were other popularly used fertilizer grade which comprised for ~%, ~% and ~% market share respectively in 2017. All other grades/formulas of complex fertilizers together comprised for about ~% of the market share in 2017.

By Crops: Complex fertilizers in Thailand were majorly utilized for cultivation of cereals and comprised for about ~% of the market share in 2017, in terms of consumption volume. Fruits and vegetables, Oilseeds and all others accounted for ~%, ~% and ~% market share, respectively.

Competition Scenario
Thailand's chemical fertilizer market is highly competitive with top 5 players comprising over ~% of the market share, in terms of revenue in 2017. The market is largely import based with very limited domestic manufacturing capabilities. Raw materials are almost entirely imported in the country. As a result, some of the leading European countries have resorted to importing and distributing complex fertilizer products in the country rather than setting up production units. Traders largely imported finished fertilizers and subsequently marketed them.

Thai Central Chemical Public Company was the largest players operating in this space. It imported majority of the raw materials and produced both granulated and blended complex fertilizers. As of 2017, the company had ~% market share in the overall complex fertilizer market, in terms of revenue. Yara International, ICL Fertilizers and Chia Tai were other leading players in this sector. All these companies do not have any manufacturing facility in Indonesia and only imported and supplied complex fertilizers to the domestic market. Yara, ICL and Chia Tai accounted for ~%, ~% and ~% market share in 2017, respectively. Terragro Fertilizer Company had manufacturing unit for complex fertilizers in Thailand and comprised for ~% market share in 2017.

Thailand Complex Fertilizer Market Future Outlook and Projections
Despite dependence on external factors as machinery, raw materials and energy, Thailand's complex fertilizer industry will remain just as indispensable to the future of economic development as it has been during the past decades. Thailand, after all, is an agricultural country. Besides, its fertilizer use per hectare of land is still well below other Asian countries. Consumption of complex fertilizers in Thailand is expected to grow at a CAGR of ~% during the period 2017-2022. Ken Research estimates the consumption of complex fertilizer to grow in the next five years, rising from ~ million MT in 2018 to ~ million MT by 2022. Average selling prices of NPKs are most likely to improve 2018 onwards owing to recovery in agricultural commodities’ prices and rise in prices of raw materials. Complex fertilizers market is anticipated to be worth USD ~ million by 2022 rising from USD ~ million in 2018. This represents growth at a CAGR of ~% during the period 2017-2022.

Key Topics Covered in the Report:
Asia Complex Fertilizer Market Size by Revenue
Thailand Complex Fertilizer Market Size
Thailand Complex Fertilizer Market Segmentation by Form, By Type, By Grade, By Crops
Trade Scenario
Market Share Analysis of Major Players
Company Profiles of Major Players
Future Outlook and Projection for Thailand Complex Fertilizer Market 
Analyst Recommendations
Future Outlook and Projection for Asia Complex Fertilizer Market

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India Complex Fertilizer Market Research Report: Ken Research


The market research report titled India Complex (NPK) Fertilizer Market Outlook to 2022 – Expected Manufacturing Capacity Expansion by Domestic Manufacturers in Next 5 Years provides a comprehensive analysis of the complex fertilizer market in India. The report covers aspects such as complex fertilizer market by its key segments including market size, consumption of complex fertilizers by product form, product type, application by crops, and by grades. The publication also includes detailed analysis of complex fertilizer market, trade scenario, competitive landscape, detailed profiles on major players and trend and developments. Future analysis of India complex fertilizer market with estimated production and consumption projections has also been discussed along with analyst recommendations.

India Complex Fertilizer Market
The agriculture and fertilizer sector in India is highly dependent on monsoons. India has limited amount of rock phosphate of low grade which can only be utilized for production of SSP. The fertilizer industry is highly regulated and monitored by the Government of India. The complex fertilizer market declined at a CAGR of ~% during the period FY’2012-FY’2017 from USD ~ million in FY’2012 to USD ~ million in FY’2017. This was majorly due to decontrol of fertilizer prices by the Indian government except for Urea, which augment the demand for Urea and had a negative effect on sale of complex fertilizers. Furthermore, drought like situation in during FY’2013-FY’2014, adversely impacted fertilizer sales in the industry as a whole. Monsoon, on which a major part of agriculture depends, was erratic and inconsistent which led to condensed demand for complex fertilizers in FY’2017. Consumption of complex fertilizers declined at a CAGR of ~% during the period FY’2012-FY’2017, whereas, production grew marginally at a CAGR of ~% during FY’2012-FY’2017.

India Complex Fertilizer Market Segmentation
By Product Form: Granulated/fused form of complex fertilizers was widely used in India such that about ~% of all complex fertilizers utilized in the country were of granulated or fused form. Blended complex fertilizers comprised for only ~% of the market share as of FY’2017. Tata Chemicals Limited (TCL), Coromandel International and Zuari Fertilisers and Chemicals Limited are the only companies known to have invested and established blending plant facilities for customized NPK production.

By Product Type: Complex fertilizers comprising of three primary nutrients (nitrogen, phosphorous and potassium) accounted for ~% market share in FY’2017. On the other hand, complex fertilizers comprising of two nutrients accounted for ~% market share in FY’2017.

By Grade: NPK 20-20-0 was the most widely used complex fertilizer in India for cultivating cereals, pulses and oilseeds. The fact that NPK 20-20-0 is cheaper than most complex fertilizers and is often sold by retailers as an alternative to DAP, has resulted in wide scale utilization of the same. NPK 20-20-0 comprised for a market share of ~% in the overall complex fertilizer market in FY’2017, in terms of consumption volume. NPK 10-26-26, NPK 12-32-16, NPK 17-17-17 and all others grades accounted for market share of ~% and ~% respectively.

Competition Scenario
India complex fertilizer market is highly competitive and concentrated with top 5 players comprising for over ~% of the market share, in terms of revenue in FY’2017. In terms of complex fertilizer production, the top 5 players accounted for about ~% of market share as of FY’2017. There are about 13 companies (3 public, 1 cooperative and 9 private companies) engaged in the production of complex fertilizer in India.
Coromandel international was the market leader and comprised for ~% market share in FY’2017, in terms of revenue. The company produced around ~ million MT of complex fertilizers during FY’2017. IFFCO emerged as the second largest player in this space and comprised for ~% market in 2017. Other prominent players included Paradeep Phosphates, Rashtriya Chemicals and Fertilizers Limited, Fertilizers and Chemicals Travancore, Gujarat State Fertilizers & Chemicals Limited and Gujarat Narmada Valley Fertilizers & Chemicals Limited which comprised for market shares of ~% and ~%, respectively in FY’2017.

India Complex Fertilizer Market Future Outlook and Projections
The Direct Transfer Benefit will soon be deployed across the country from 2018 onwards, since the pilot projects have indicated a success. This will help to bring soil health in focus and curb any pilferages and leakages in the subsidy reimbursement process as every sale made will be recorded in the POS machine. Several companies including the likes of Coromandel International, Paradeep Phosphates and Fertilizers and Chemicals Travancore have announced investments to increase their production capacity of complex fertilizers. Consumption of complex fertilizers in India is expected to grow at a CAGR of ~% during the period FY’2017-FY’2022, rising from ~ million MT in FY’2017 to ~ million MT by FY’2022. Complex fertilizers market is anticipated to grow at a CAGR of ~% during the period FY’2017-FY’2022.

Key Topics Covered in the Report:
India Complex Fertilizer Demand
India Complex Fertilizer Consumption
India Complex Fertilizer Production
India Complex Fertilizer Market
India Granulated NPK Consumption
India Blended NPK Consumption
India NPK Fertilizer Demand
India NPK Fertilizer Consumption
India NPK Fertilizer Production
India NPK Fertilizer Market
Blended and granulated NPKs Sales
Water soluble NPKs Revenue India
Slow release NPKs Consumption India
Coromandel International Complex Fertilizer India
IFFCO Market share Complex Fertilizer
Future Complex Fertilizer India
Grade wise Sales Complex Fertilizer India
India Complex Fertilizer Market Forecast
India Complex Fertilizer Market Size
India Complex Fertilizer Market Future Outlook
India Complex Fertilizer Market Growth Analysis
India Complex Fertilizer Market Value
India Complex Fertilizer Market Competition

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Ankur Gupta, Head Marketing & Communications
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India Complex Fertilizer Market is Driven by Expected Manufacturing Capacity Expansion and Growing Nutrient Balance due to Overuse of Urea: Ken Research


Ken Research in its latest study, India Complex (NPK) Fertilizer Market Outlook to 2022 – Expected Manufacturing Capacity Expansion by Domestic Manufacturers in Next 5 Years suggested that Coromandel International, IFFCO, Paradeep Phosphates, Rashtriya Chemicals and Fertilizers Limited will remain the major players in this space in India. However, these major players will witness rising competition from other existing and new entrants launching cheaper and better products in the market.

The ideal N:P:K nutrient balance for Indian soil is 4:2:1 while the actual ratio was 6.8:2.7:1 at the end of FY’2017. The nutrient imbalance is a result of overuse of urea and low use of NPK which makes the soil acidic. With schemes such as soil health cards being implemented by Government of India to determine the soil health and advice farmers on the right fertilizers usage, the demand outlook for complex fertilizers remains positive. Several companies including Coromandel International, Paradeep Phosphates and Fertilizers and Chemicals Travancore have announced investments to increase their production capacity of complex fertilizers. New entrants OCP and Kribhco announced that they are entering into a 50:50 joint venture to develop a large-scale greenfield NPK fertilizer plant in Krishnapatnam, Andhra Pradesh in October 2016. The companies intend to invest around USD 230 million in establishing a manufacturing plant which will have an annual production capacity of 1.2 MT of NPK fertilizers.

The Direct Transfer Benefit will soon be deployed across the country from 2018 onwards, since the pilot projects have indicated a success. This will help to bring soil health in focus and curb any pilferages and leakages in the subsidy reimbursement process as every sale made will be recorded in the POS machine. The process will streamline and enable in quick subsidy disbursal to the manufacturers within weeks and it will ensure the fertilizer is received by the farmer himself. Growing emphasis on curbing soil pollution, streamlining subsidy disbursal and expected capacity expansion projects are expected to augment the demand for complex fertilizers in India, according to Analyst at Ken Research.

Key Topics Covered in the Report:
India Complex Fertilizer Demand
India Complex Fertilizer Consumption
India Complex Fertilizer Production
India Complex Fertilizer Market
India Granulated NPK Consumption
India Blended NPK Consumption
India NPK Fertilizer Demand
India NPK Fertilizer Consumption
India NPK Fertilizer Production
India NPK Fertilizer Market
Blended and granulated NPKs Sales
Water soluble NPKs Revenue India
Slow release NPKs Consumption India
Coromandel International Complex Fertilizer India
IFFCO Market share Complex Fertilizer
Future Complex Fertilizer India
Grade wise Sales Complex Fertilizer India
India Complex Fertilizer Market Forecast
India Complex Fertilizer Market Size
India Complex Fertilizer Market Future Outlook
India Complex Fertilizer Market Growth Analysis
India Complex Fertilizer Market Value
India Complex Fertilizer Market Competition

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Ankur Gupta, Head Marketing & Communications
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Indonesia Complex Fertilizer Market Driven by Balanced Demand and Supply Equilibrium and High Level of Government Regulation: Ken Research

Indonesia Complex (NPK) Fertilizer Market by product form (Granulated/Fused or Blended), by type (two or three nutrients), by crops (cereals, oilseeds, fruits & vegetables and others), by grade (NPK 15-15-15, NPK 12-10-20, NPK 15-7-20, NPK 20-10-20 and Others), company profile of major players including Petrokimia Gresik, Pupuk Kalimantan Timur, Pupuk Kujang, Pupuk Sriwidjaya Palembang, Yara International, Wilmar International, Agrifert-Kuoks

All the largest complex fertilizer manufacturing companies in Indonesia are part of Indonesia Holding Company (public / state-owned enterprise) and over 90% of the domestic consumption of complex fertilizers were subsidized by the government as of December 2017.
Indonesia has a very balanced demand and supply equilibrium, with domestic production largely sufficient to meet the consumption demands. Since the country has been steadily increasing its utilization of complex fertilizers over Urea and other mineral fertilizers and the government has been pushing local companies to develop more complex fertilizer plants, complex fertilizer manufacturers are expected to keep investing and expanding their manufacturing capabilities at least in the near future. Most manufacturers produced high quality granulated/fused complex fertilizers in Indonesia since the government provided subsidy on high-quality granulated/fused NPK 15-15-15 only. Hence, consumption of high quality complex fertilizers is only likely to grow going forward.
Increasing government focus on improving fertilizer quality, curbing soil pollution, and improving agricultural productivity is expected to augment the demand for complex fertilizers in Indonesia, according to Analyst at Ken Research.
Ken Research in its latest study, Indonesia Complex (NPK) Fertilizer Market Outlook to 2022 – Balanced Demand and Supply Equilibrium with High Level of Regulation suggested that Indonesian complex fertilizer market is highly competitive and is majorly dominated by public sector. The market consists of few domestic manufacturers with state-owned companies almost having a monopoly in this market. Domestic production in Indonesia has been sufficient to meet the consumption demand in the last few years. Most NPK manufacturers utilized advanced technology and produced high quality granulated/fused complex fertilizers. Indonesian complex fertilizer market is very concentrated with top 4 players together comprising for majority of the market share, in terms of revenue.
Key Topics covered in the report:-
Indonesia Complex Fertilizer Demand
Indonesia Complex Fertilizer Consumption
Indonesia Complex Fertilizer Production
Indonesia Complex Fertilizer Market
Indonesia Granulated NPK Consumption
Indonesia Blended NPK Consumption
Indonesia NPK Fertilizer Demand
Indonesia NPK Fertilizer Consumption
Indonesia NPK Fertilizer Production
Indonesia NPK Fertilizer Market
Supply Complex Fertilizer Indonesia
Indonesia Complex Fertilizer Market Outlook
Indonesia Complex Fertilizer Market Size
Indonesia Complex Fertilizer Market Share
Indonesia Complex Fertilizer Market Research
Indonesia Complex Fertilizer Market Growth
Indonesia Complex Fertilizer Market Revenue
Indonesia Complex Fertilizer Market Major Players
Indonesia Complex Fertilizer Market Trends
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Ankur Gupta, Head Marketing & Communications
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