Factors Driving the Grain Protectants Market in Years to Come
The grain protectants market is estimated to be USD 572.7 million in 2018 and is projected to reach USD 726.1 million by 2023, growing at a CAGR of 4.86% from 2018. The grain protectants market is driven by the need to reduce grain losses during storage and the growing market pressure on farmers to gain better grain prices during the post-harvest stage. However, the increasing insect pest resistance...
Key Reasons Behind Herbicide Safeners Market Growth
Using herbicides to eradicate weeds at an early stage helps in increasing the productivity and yield per unit, which has led to increased use among producers across the globe. However, in addition to killing weeds, herbicides also exert toxicity on crops. Herbicide injury to main crops may also result in the presence of chemical residues that can harm humans after consumption. Thus, safeners are added...
Increasing Seafood Trade Propelling Demand Drives the Aquaculture Products Market
The aquaculture products market is driven by the decline in the amount of captured fish, increasing population, and rise in consumption due to the nutritional value of fish. To fill the gap in demand and supply of fish and seafood products, aquafarming of fish and crustaceans is rising, which, in turn, is leading to the rise in the demand for aquaculture products. The rising trends in smart fish farming...
Drip Irrigation Market worth $6.54 billion by 2022
Drip/ trickle irrigation system offers several advantages to farmers such as increase in per crop yield, improved & efficient use of water & fertilizers, and reduced production cost; which have together resulted in an increase in the usage of drip irrigation. The global drip irrigation market is projected to grow at a CAGR of 11.60% from 2017 to reach USD 6.54 billion by 2022. In terms of area,...
Growing Environmental and Human Health Concerns Drives the Agricultural Adjuvants Market
The agricultural adjuvants market is estimated at USD 3.13 billion in 2018 and is projected to reach USD 4.04 billion by 2023, at a CAGR of 5.24% during the forecast period. The agricultural and environmental benefits associated with these adjuvant solutions are the major factors contributing to the growth of this market, globally. Due to the growing demand for agrochemicals and the adoption of effective...
Rice Seeds Market: Trends, Top Key Players, Industry Overview and Global Forecast to 2023
The rice seeds market is estimated to account for USD 5.47 billion in 2018 and is projected to reach USD 7.62 billion by 2023, at a CAGR of 6.85% during the forecast period. The benefits associated with the adoption of commercial rice seeds is a major factor contributing to the growth of this market globally. The economic growth of the in developing countries and the increased R&D expenses in...
Key Reasons behind Plant Phenotyping Market Growth
The advantages of obtaining accurate qualitative and quantitative measurements using plant phenotyping technologies are the key reasons contributing to the growth of this market, globally. Plant phenotyping technologies are likely to gain traction in agricultural research and plant breeding programs and prove to be an important tool for agriculture companies, research organizations, and academic institutions...
Blockchain: Change is coming to agricultural supply chains
The blockchain in agriculture and food supply chain market is estimated to be valued at USD 60.8 million in 2018 and is projected to reach USD 429.7 million by 2023, at a CAGR of 47.8%. Blockchain technology is revolutionizing the food and agriculture sectors by enhancing the decision-making capabilities of organizations. It finds several potential applications in these sectors, some of which have...
Outbreak of livestock diseases influencing the demand for forage analysis globally
The global forage analysis market is estimated at USD 515.5 million in 2018 and is projected to reach USD 661.1 million by 2023, at a CAGR of 5.1% during the forecast period. The global forage analysis industry is growing significantly, owing to the rise in demand for high-quality forage and government mandates on feed quality and safety. Forage testing helps to detect the nutritional profile of a...
Major Tailwinds and Headwinds for the Starter Fertilizers Market
The starter fertilizers market has been segmented on the basis of nutrient component, crop type, form, and region. The nutrient components include phosphorus, nitrogen, potassium, and micronutrient for starter fertilizers. This market has been segmented on the basis of crop type into cereals, fruits & vegetables, forage & turf grasses. On the basis of form, the market has been segmented into...