The global agrochemical industry is expected to witness good growth and reach an estimated US $68.5 billion in 2017 with a CAGR of 5.5% over the next five years. A rise in the global demand for nutritious and high-quality food and the shrinking of arable land is expected to drive the agrochemical industry over the forecast period.
Lucintel, a leading global management consulting and market research firm, has analyzed the global agrochemical market and presents its findings in “Global Agrochemical Industry 2012- 2017: Trend, Profit, and Forecast Analysis.”
The Agrochemical industry is highly consolidated and consists of insecticides, fungicides, and herbicides. Lucintel’s research indicates that developing countries such as China and India are demanding higher volumes of nutritious food, which will increase demand for agrochemicals during the forecast period. Agrochemicals have significantly increased farm productivity in both developed and developing countries. Increased production of soybeans and sugarcane in Latin America is also driving growth in the region.
In the Global Agrochemical industry, APAC is forecast to witness the highest growth during the next five years. Asia and ROW represent growth opportunities for the Agrochemical industry. Lucintel’s research identifies China, India, Brazil, and Argentina as key growth areas during the forecast period. Countries in the APAC region (such as China, and Thailand) are projected to post strong growth in agricultural output, which will ultimately boost the Agrochemical industry. Fungicide products based on innovative technology offer efficient and long-lasting disease control and have positive effects on plant physiology, which in turn increases its adaptability across the globe.
Lucintel’s research provides a concise overview of the Global Agrochemical industry. This research report categorizes the global industry for agrochemicals on the basis of application and geography. On the basis of application it tracks three Industry segments, Insecticides, Fungicides, and Herbicides, for four geographic regions – thus it tracks twelve segments of the global agrochemical industry.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global agrochemical industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
Features and Scope of this Report:
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
– Industry size estimates in terms of (US $) value by regions and by segments
– Global Agrochemical industry analysis annual trend (2006-2011) and forecast (2012-2017)
– Porter’s Five Force analysis
– New product launch and merger and acquisition activity in global agrochemical industry analysis
– Quarterly demand trend (Q1 2010-Q4 2011) and forecast analysis (Q1 2012 – Q4 2012) for global agrochemical industry analysis
– Gross and net profit trends in the global agrochemical industry analysis
– Cost structure trend in the global as well as regional agrochemical industry analysis
Who Can Benefit From This Report?
This study is intended for senior level executives, sales, marketing and business development professionals at various nodes of value chain of this market. This multi-client market study from Lucintel is used by small to multi-national Fortune 500 companies and utilized for a variety of reasons as follows.
– Business development
– Strategic planning
– Business presentation
– Determination of market size and trend
– Competitive analysis
– Resource and Inventory Management
– Budgeting
– Investment Decision
To read report in detail : Global Agrochemical Industry 2012-2017: Trend, Profit, and Forecast Analysis
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