Global agriculture market includes various products, machinery and chemicals related to agricultural applications. Agriculture products & machinery essentially cover irrigation systems, micronutrients, feed additives, bio-stimulants, food security & packaging technologies and others. Feed additive market is projected to be the fastest growing market with enzymes segment retaining its dominance in the market followed by feed antioxidants. However, stringent regulations for antibiotics approval have negatively affected the feed probiotic segment.
Crop protection chemicals cover agrochemicals like fungicides, insecticides and herbicides. Of these, herbicides account for majority of the market followed by other segments. In addition, with increasing demand of organic food products, biological market is expected to grow tremendously. Global agriculture biological market covers bio-pesticides, bio-fertilizers and bio-stimulants. Bio-pesticides segment dominates the market with microbial seed treatment segment contributing the most. Factors like increasing demand for environment friendly pesticides and improving effectiveness of bio-are going to drive market for bio-pesticides.
Improvements in agriculture productivity have become highly crucial in order to cater the demand efficiently. Key areas contributing to improvement in crop yield involve bio-pesticides, synthetic biology, bioseeds, bio-engineered traits and others. Another trend promising bright future is improving plant breeding technologies including genetic modification and hybridisation. Plant breeding technology involves breeding of crop to adapt to different climates, reduce use of fertilizers & water and shorten crop cycle.
ASDReport.com has an extensive repository of reports on agriculture industry. The reports cover various technologies and topics related to agriculture sector like, synthetic fertilizers, hormones, seed treatment, growth agents, bioherbicides and much more.