The market for seed treatment products generated revenue of ~$6.0 billion in 2020, and it is expected to show significant growth during the forecast period (2021–2030).
The global agricultural adjuvants market size stood at $3,106.7 million in 2019, and it is expected to demonstrate a CAGR of 5.5% during the forecast period (2020–2030).
The organic fertilizers market revenue stood at $4,512.1 million in 2019, and the market is predicted to advance at a CAGR of 14.1% between 2020 and 2030.
Aquaponics is an integration of hydroponics and aquaculture, which involves conversion of the fish waste into plant fertilizers, water filtration, and supply of clean water to the fish tank. Aquaponic systems offer several environmental benefits, such as significantly less water consumption than soil-based agriculture, no requirement for harmful pesticides and fertilizers, along with the provision of fodder for animals.
Pyrethrin, a compound derived from the pyrethrum plant, serves as an ideal pest control agent. It is vastly used as an insecticide to guard crops from mites and insects, including moths and thrips. It also finds application in pet shampoos, to prevent tick bites in animals.
Globally, in recent years, there has been a shift toward development of sustainable materials to replace petroleum-based derivatives. Moreover, biobased chemicals, which were initially unable to compete with the traditional products on terms of performance in the chemicals industry, are now substituting the petroleum-based products such as diesel and natural gas.
The global agricultural micronutrients market was valued at $5,848.0 million in 2017, and it is projected to reach $9,009.2 million by 2023, progressing at a CAGR of 7.5% during the forecast period (2018–2023).
The key trend witnessed in the global pharmaceutical excipients market is the advancement in the field of nanotechnology and its integration to the product chemistry of pharmaceutical excipients. This integration of nanocoating to drugs is likely to offer a plethora of advantages, including lower amount of lubricant requirement, improvement in film properties, and improve targeted dose delivery in hosts.
The major trend being witnessed in the global betaine market is the emergence of new application of betaine as anti-stress agent in domestic animals. With the onset of more awareness about health of farmed animals, a large number of farmers are shifting toward health supplements to boost the state of well-being of the animals.
Bio alcohol is a sustainable organic chemical that can be used as fuels in several engines. It is produced by the action of microorganisms and enzymes during the fermentation process of sugars or starches. It is co friendly in nature and used in applications such as transportation as an alternative to gasoline. The bio alcohol market is driven by increase in scarcity of nonrenewable resources and rise in crude oil prices.
Phosphorus is an important element for plants growth as it aids in root development, seed development, and plant maturation. Farmers and gardeners apply phosphate-based fertilizer to soil and plants to boost local phosphorus levels. Young plants are especially vulnerable to deficient phosphorus levels, however almost every plant needs it to maintain healthy growth.
The global biodegradable mulch film market was valued at $34,145.1 thousand in 2016, and is projected to generate $64,039.0 thousand by 2023, growing with a CAGR of 9.4% during the forecast period (2017–2023).
The demand for rice husk ash is growing in the construction industry and infrastructure projects owing to its multiple benefits, such as comparatively low cost, environment sustainability, and simplicity in production process. For example, the limited supply of silica fumes has increased its price across South Asian countries. In such context, RHA acts as a sustainable and low-cost alternative for silica fumes. The impact of aforementioned factor is propelling the growth of the global rice husk ash market.
Valued $1,476.1 million in 2015, the global biostimulants market is expected to advance at a CAGR of 11.2% during the forecast period (2016–2022). The market growth is majorly driven by the increasing demand for biostimulants in the agricultural sector across the world.
In 2014, the global biorefinery market stood at $ 432.4 billion, which is projected to witness a growth rate at a CAGR of 14.0% during the forecast period.
In 2014, the global market for biomass pellet valued at $6,976.3 million, and is projected to witness a CAGR of 11.1% during the forecast period of 2015-2020.
The global biochar market value stood at $4.27 million in 2015, and is expected to witness growth rate at a CAGR of 17.1% during the forecast period. This growth rate is ascribed to improve the following factors: sustainability of a soil and crop yield, stringent environmental rules and government initiations.
In 2014, the global humic acid market held a value of $325.6 million which is anticipated $674.2 million by 2020, with a promising CAGR of 12.9%, during the forecast period.
Glyphosate has picked up significance because of developing interest from key end-use applications in glyphosate tolerant genetically modified yields and ordinary harvests. The expanding utilization of genetically modified products and rising interest for no-working cultivating framework is relied upon to help the worldwide interest for glyphosate. The farming division is seeing
The global demand for bio-fertilizers is expected to rise because of growing consumer preference for organic food. Factors such as increased health consciousness, environmental awareness and rising disposable income are causing an extraordinary demand for organic foods globally. Due to increase in demand for food and decline in the total arable land, growing adoption of soil fertility management continues to increase, giving
Growth of horticulture & floriculture, increasing awareness towards the use of fertilizers and pesticides coupled with the increasing literacy rate among farmers in major crop producing countries is boosting the global agrochemicals market. One of the major drivers for the market is the growth of agrochemicals in demand for food grains, due to to increasing global population
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