The trend of global Agrochemical Market
Growth of the global agrochemical market has been propelled by the ever rising population and decreasing land availability across the globe. Further, increasing manufacturing capacities of the players is likely to boost the overall supply and will also bridge the demand supply gap.
Global Agrochemical Industry was $134 billion in 2010, is expected to grow at a CAGR of 11%, to reach $225 billion through 2015. Asia Pacific accounted for the 40% of the global agrochemicals and fertilizers consumption, followed by North America with 32%. Latin America and Africa as well posses the high growth potential for the agricultural market. European together with Russia and the Ukraine also constitute the significant portion of the agrochemical market.
The global agrochemical and fertilizers segment includes agrochemicals such as pesticides, herbicides, fungicides, herbicides, rodenticides; and fertilizers such as nitrogenous, phosphorus, potassium. Top ten global players constitute around 90% of the world market share, including Bayer, Syngenta, Potash Corp, Agrium and Mosaic are among the top global companies.
The global agrochemical reports offer in-depth analysis of the drivers; discuss the factors for growth of the industry including increasing food grain production, lack of sufficient usage of pesticides, patent expiry of molecules providing opportunity, government support, the key challenges like flaws in the registration process, emerging threat from Biotech seeds and health issues with use of banned pesticides. All the major government bodies regulating this sector have been described with their key roles, activities and functions. Major Acts introduced by the government have been included in this report and it also comprises of the registration procedure for import, manufacture and sale of any of the agrochemical.
The global agrochemical market research report begins with an introduction to the agrochemicals market indicating the types of agrochemicals used across the world stating the consumption pattern in the different region of the globe. The agrochemical company profiles offers an overview of the competitive landscape and a detailed profile of the major players in the market including their financials, along with the key developments in the recent past. The global agrichemical industry report provides a useful insight of the environment factors, evaluates company market share as well as forecast growth by product type, grade and end-use market through 2015. The report includes the recent market information and trends in the agrochemical industry from US, Europe, Asia, Africa and Latin America. It also discusses the key issues, recent market entrants, industry mergers, acquisitions, collaboration, types of suppliers, service contracts and barriers to market entry, market drivers and restrainers.
Questions and Answers
This research report provides in-depth market intelligence on the global agrochemicals market, which is witnessing high growth due to the globally increasing need to increase crop production.
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