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Bactericide Market in Agriculture Worth 11.88 Billion by 2022
  • USA - English


News provided by

MarketsandMarkets

27 Feb, 2017, 15:00 IST

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PUNE, India, February 27, 2017 /PRNewswire/ --

The report "Bactericide Market in Agriculture by Type (Copper-based, Dithiocarbamate, Amide, Antibiotic), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Mode of Application (Foliar Spray and Soil Treatment), Form, and Region - Global Forecast to 2022", published by Markets and Markets, the global market is estimated to be valued at USD 9.09 Billion in 2016 and projected to reach USD 11.88 Billion by 2022, at a CAGR of 4.6% from 2016.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 119 market data Tables and 52 Figures spread through 195 Pages and in-depth TOC on "Bactericide Market"

http://www.marketsandmarkets.com/Market-Reports/bactericide-market-in-agriculture-48939047.html

Early buyers will receive 10% customization on this report. 

Rise in need for food security for the growing population, and increase in crop loss owing to nutrient deficiency, along with change in farming practices (from traditional to conventional), have been of importance to the growth of the global Bactericide Market in agriculture. Bactericides are used for high-quality crop yield for the increasing population and its growing food demand. Hence, bactericides will be viewed as a business opportunity in the next six years. As a result, many multinational players have entered into the production of various types of bactericides, which can be used for crops.

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Significant growth expected in the dithiocarbamate segment 

Bactericides are highly used to control bacterial disease by specifically inhibiting or killing the bacterial causing the disease. They can be mixed with water, and hence easily applied through foliar spray, soil treatment. The ease in application mode has made these bactericides more convenient to use for the farmers. Dithiocarbamate are projected to be the fastest-growing types in the next six years.

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The cereals & grains segment projected to be the fastest-growing market during the forecast period 

Cereals & grains dominated the bactericides market in 2015; it is projected to grow at the highest CAGR of from 2016 to 2022. Rise in demand for cereals & grains, owing to the increased awareness regarding their nutritional benefits is driving the cereals & grains segment.

With a global increase in consumption of fruits & vegetables and growth in demand for tropical and exotic fruits & vegetables in the developing countries, this segment is likely to witness a growth by 2022.

Increase in need for food security, high investment in R&D, and change in farming practices-key to success in the European region 

Europe is one of the largest contributors to the global bactericides due to the increase in use of bactericides through advanced agricultural techniques and rise in need for food security in the European countries. Italy and France constituted the largest country-level markets in the European region in 2015. High market penetration by the leading bactericides companies, for enhancing the agricultural growth and productivity, and the decrease in arable land are the main factors influencing the growth of the bactericides market in Europe.

The Bactericide Market report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include BASF SE (Germany), Dow AgroSciences LLC (U.S.), Sumitomo Chemical Co., Ltd (Japan), and Bayer CropScience AG (Germany); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Syngenta AG (Switzerland), Nippon Soda Co. Ltd. (Japan), and Nufarm Ltd. (Australia).

Browse related reports: 

Crop Protection Chemicals Market by Type (Herbicide, Insecticide and Fungicide), Origin (Synthetic and bio-pesticides), Crop Type (Cereals & Oilseeds, Fruits & Vegetables), Mode of Application, Form and by Region - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/crop-protection-380.html

Fungicides Market by Type (Benzimidazoles, Dithiocarbamates, Phenylamides, Chloronitriles, Strobilurins, and Triazoles), Crop Type (Cereals & Grains, Oilseeds & Pulses), Form (Liquid, Wettable powder), Mode of Application - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/fungicides-356.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Mr. Rohan
MarketsandMarkets
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Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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