According to the
findings by the Foundation of Netherlands Volunteers, the global fruits and
vegetables market, a segment of the horticulture industry, worth $3.17 billion
by the end of 2018.[1] With
2 billion people suffering from malnutrition, the global horticulture industry
will observe further growth between 2019 and 2025 in order to fulfill the
nutritional requirements of undernourished people. This growth in the
horticulture industry worldwide will create lucrative opportunities for the players
in the horticulture chemical industry market that witnessed a valuation of
$21,156m as of 2018. Furthermore, the demand for horticulture chemicals
is expected to escalate at a CAGR of 4.20% during the forecast period
2019-2025, as documented in a recently published market intelligent report by
IndustryARC.
The horticulture
chemical industry market research report is comprised of all the facts,
figures, and statistics pertaining to the market. Furthermore, the report also
provides a peek into the growth drivers and business opportunities in all the
segments along with trends that are disrupting the horticulture chemicals
market. The report is titled, “Horticulture Chemical Industry Market: By herbicides
(killing weeds), By insecticides, By fungicides, By soil treatment, By form, By
Geography – Forecast (2019-2025).”
Horticulture Chemical
Industry Market: Geographical Analysis & Leading Segments
APAC had largest horticulture
chemicals market share of 40% in 2018. China has a diverse climatic condition
and soil quality, which makes it a suitable horticulture marketplace. The
country produces high-quality of tropical and sub-tropical temperate fruits,
vegetables, and flowers. The growing horticulture activities in China create
lucrative prospects for related industries such as horticulture chemicals
market. According to the Ministry of Commerce & Industry, Government of
India, during 2017-2018, India exported fruits and vegetables worth $1,459.93m,
and increasing adoption of horticulture products can be witnessed.[2] In
2018, country witnessed an upsurge in horticulture produce, which created a
demand influx in the horticulture chemicals market.
The key application
segment in the horticulture chemicals market is gardening, which is expected to
grow at a CAGR of 4.06% through to 2025. This is attributable to the fact that
horticulture gardening doesn’t need large-scale plantation, and therefore, the
practice is adopted by many people. The growing number of horticulture gardens
is creating a demand for horticulture chemicals, which is further flourishing
the horticulture chemicals market.
Horticulture Chemical
Industry Market: Trends and Growth Drivers
· Global warming
increasing the usage of horticulture chemicals –
Global warming is creating a favorable
environment for insects that attack horticulture crops. These insects thrive on
hot climate. The increasing magnitude of insects eating crops is creating a
demand for insecticides such
as chlorinated hydrocarbons, organophosphates, carbamate,
and others. Subsequently, the rising demand for these chemicals is increasing
the horticulture chemicals market size.
· The increasing
frequency of plant diseases boosting the horticulture chemicals market –
Changes in weather can affect plants as they are
vulnerable to light, heat, cold, draught, and excessive precipitation.
Furthermore, lack of nutrition in plants and the adverse effect of pH are some
other factors affecting plant’s health. Plants are also susceptible to
infections caused by bacteria, fungi, and virus. Anthracnose, black knot,
canker, and club root are a few diseases that occur due to fungal infections,
which are increasing the demand for fungicides. The sales of fungicides is
attributable to the growing horticulture chemicals market revenue.
· Bayer AG completes
the biggest acquisition –
In the second quarter of 2018, Bayer AG acquired
Mansanto. This will increase the organization’s horticulture chemicals market
share as Mansanto’s portfolio in crop chemicals is diverse, and Bayer AG is
already witnessing rise in revenue due to the growth of crop science
segment.
Horticulture Chemical
Industry Market: Competitive Landscape
Some of the key
companies identified in the horticulture chemicals market intelligence report
that are striving to capitalize on the customer-base are Bayer AG, BASF SE,
DowDupont, Inc., Yara International ASA, The Monsanto Company, Agrium, Dalsem,
Harnois Industries Inc., Netafim, Richel Group, Ridder, Van der Hoeven, Priva,
and Certhon.
Talk to one of our sales
representative about the full report by providing your details in the link
below:
https://www.industryarc.com/support.php?id=17744
Related Reports:
a) Crop Protection Chemicals Market
https://www.industryarc.com/Report/170/crop-protection-chemicals-market-forecast.html
b) Herbicides Market
https://www.industryarc.com/Report/15124/herbicides-market.html
c) Agrochemicals Market
https://www.industryarc.com/Report/11734/agrochemicals-market-analysis.html
What
can you expect from the report?
The horticulture market
in chemical industry report is prepared with the main agenda to cover the
following 20 points:
1. Market Size by
Product Categories &
Application
11. Demand Analysis (Revenue
&
Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current & Future Market Landscape
Analysis
9. Mergers &
Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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Asked Questions:
Q. Does IndustryARC
provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting
data from our database of reports and annual subscription databases. We can
provide the following free customization:
1. Increase the level of
data in application or end user industry.
2. Increase the number
of countries in geography chapter.
3. Find out market
shares for other smaller companies or companies which are of interest to you.
4. Company profiles can
be requested based on your interest.
5. Patent analysis,
pricing, product analysis, product benchmarking, value and supply chain
analysis can be requested for a country or end use segment.
Any other custom
requirements can be discussed with our team, drop an e-mail to [email protected] to discuss
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References -
[1] https://seors.unfccc.int/applications/seors/attachments/get_attachment?code=FD30NGDANVBY9F6SSST6TYUZWO6E24FL
[2] http://apeda.gov.in/apedawebsite/six_head_product/FFV.htm