Sowing Success: The Rising Significance of Secondary Macronutrients in Agriculture
In the dynamic landscape of global agriculture, the secondary macronutrients market has emerged as a pivotal player, with an estimated value of USD 38.6 billion in 2022 and a projected ascent to USD 48.5 billion by 2028. This promising growth trajectory, at a Compound Annual Growth Rate (CAGR) of 4.0% from 2023 to 2028, is attributed to the escalating demand for essential foods like cereals, grains,...
Global Agrochemicals Market Mergers and Acquisitions Flourishes with USD 6.1 Billion in Top Deals
The global agrochemicals market mergers and acquisitions has witnessed substantial growth, reaching an approximate value of USD 6.1 billion from 2018 to 2023. This positive trajectory can be attributed to an emergence in various deal types, including agreements, acquisitions, partnerships, and mergers. The market outlook remains promising on a global scale, driven by the escalating...
Seeds of Progress: Unraveling the Dynamics of the Flourishing Seed Coating Market
The global seed coating market is on an impressive growth trajectory, with a projected value of USD 3.1 billion by 2028, soaring from its 2023 valuation of USD 2.0 billion, driven by a compelling Compound Annual Growth Rate (CAGR) of 8.5%. This expansion is fueled by continuous innovations in seed coating technologies and formulations, emphasizing seed quality, enhanced crop performance, and sustainability...
Sprinkler Irrigation Systems Market to Witness Unprecedented Growth in Coming Years
The report “Sprinkler Irrigation Systems Market by Type (Center Pivot, Lateral Move, and Solid Set), Crop Type (Cereals, Oilseeds & Pulses, and Fruits & Vegetables), Mobility (Stationary and Towable), Field Size and Region – Global Forecast to 2025″ The sprinkler irrigation systems market is projected to reach USD 2.7 billion by 2025, from USD 2.4 billion in 2019,...
Biostimulants Market Size, Share, Growth, Drivers, and Top Key Players
The global biostimulants market was valued at USD 3.5 billion in 2022 and is projected to reach USD 6.2 billion by 2027, growing at a CAGR of 11.8% from 2022 to 2027. Food and agricultural production systems worldwide are facing unprecedented challenges, from the increasing demand for food for a growing population to rising hunger and malnutrition, adverse climate change effects, overexploitation...
Organic Farming Surge Propels Agricultural Biologicals Market to Reach USD 27.9 Billion by 2028
The global agricultural biologicals market is poised for remarkable growth, projected to reach USD 27.9 billion by 2028, surging from USD 14.6 billion in 2023. This surge reflects a compelling compound annual growth rate (CAGR) of 13.8% during the forecast period, underlining the increasing significance of sustainable farming practices and burgeoning government initiatives.
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Feed Premix Market Size, Growth Drivers, and Leading Players
The global feed premix market is estimated to be valued at USD 24.3 billion in 2021 and is projected to reach a value of USD 32.9 billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to an increase in the demand for and consumption of livestock-based products.
Asia-Pacific is projected to be the largest and fastest-growing segment. Increased...
Soil Monitoring Industry Trends and Forecast
At a 14.6% compound annual growth rate, the soil monitoring market is expected to reach USD 1,088 million by 2027 from its estimated USD 551 million in 2022. The market for soil monitoring is fueled by a number of factors, including government and corporate initiatives to support sustainable agricultural practices, the urgent need to maintain soil quality, strict ecological stability regulations,...
Mulch Films Market Latest Trends, Demands, Overview and Analysis by 2028
The global mulch films market, as outlined in the research report by MarketsandMarkets, is anticipated to witness substantial growth, reaching USD 10.6 billion by 2028 from an estimated USD 7.8 billion in 2023, with a projected CAGR of 6.5% during the forecast period. The surge in demand for mulch films is primarily attributed to the imperative need for enhanced agricultural productivity, a shift...
Pet Food Ingredients Industry : Key Factors behind Market’s Rapid Growth
Pet food ingredients are the various components that are used to make pet food. These ingredients can include proteins, carbohydrates, fats, vitamins, minerals, and other additives that are necessary for a complete and balanced diet for pets.
Protein sources can come from animal-based ingredients such as chicken, beef, fish, and eggs, or plant-based sources such as peas, lentils, and soybeans....