What is Crop Protectants?
Crop safety chemical substances assist in managing and minimising plant diseases, weeds and different pests that injury agricultural crops. These chemical compounds additionally assist in growing and retaining 12 months over 12 months crop yield. Crop protection chemical compounds can be mostly categorised into herbicides, insecticides, and fungicides. Earlier, farmers used to manage the infestation of bugs and fungi by way of inorganic compounds such as arsenic and mercury salts. Currently, there are heaps of chemical substances handy for defending plants from getting broken through birds, insects, rodents, bacteria, etc. The significance of crop safety chemical compounds have accelerated extensively over the final few many years catalysed through the want to decorate agricultural output and make certain sufficient food availability for the developing world population.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Bayer CropScience (Germany), Syngenta AG (Switzerland), BASF (Germany), Corteva, Inc. (United States), FMC Corporation (United States), ChemChina (China), Sumitomo Chemicals (Japan), UPL Ltd. (India), Nufarm (Australia) and Rotam CropScience Ltd (China) |
CAGR | % |
The market study is broken down by Type (Herbicides, Fungicides and Others) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Vendors from Chinese will contribute to the maximum growth of Global Crop Protectants market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bayer CropScience (Germany), Syngenta AG (Switzerland), BASF (Germany), Corteva, Inc. (United States), FMC Corporation (United States), ChemChina (China), Sumitomo Chemicals (Japan), UPL Ltd. (India), Nufarm (Australia) and Rotam CropScience Ltd (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Wynca Chemical (China), Lier Chemicals (China) and Simpcam Oxon (Italy).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Crop Protectants market by Type, Application and Region.
On the basis of geography, the market of Crop Protectants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Crop, the sub-segment i.e. Cereal and Grains will boost the Crop Protectants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Solid will boost the Crop Protectants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, BASF SE received proprietary science for L-glufosinate ammonium from AgriMetis. The corporation was once received for creating incredibly multiplied centred weed manipulate products. This will assist to reinforce the role of BASF SE in crop safety market through growing new product for shield towards weeds.
In 2020, FMC Corporation inked a deal with Isagro S.p.A. beneath which FMC will buy Isagro’s mental property of its Fluindapyr energetic components for an estimated cost of USD 60 million. The acquisition will additionally switch to FMC all technological information related with Isagro’s flagship fungicide molecule and In November 2020, BASF and TECNALIA, a European core for lookup and technological development, have collaborated in digitalization to speed up the world lookup and improvement of new crop safety products. This contributes to a quicker improvement of improvements that reply to farmers’ desires international to manage weeds, fungal ailments and insect pests in their crops.
Market Trend
- Increased Area under Organic Farmland
Market Drivers
- Increasing Need to Maximize Agricultural Productivity with Rising Food Demand
Opportunities
- Environmental Impact Resulting In Changes in Regulatory Policies
Restraints
- Pesticides Due To Their Persistent Nature, Toxic Properties, Bioaccumulation, Lipophilicity, and Adverse Impacts on Human Health Are Of Greater Concern Due To Such Residue Problems
Challenges
- Rapid Growth in the Biopesticides and Organic Agriculture
Key Target Audience
Manufactures of Crop Protectants, Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.