Alfalfa hay market is expected to grow at a compound annual growth rate of 5.89% over the forecast period to reach a market size of US$20.551 billion in 2025 from US$14.576 billion in 2019. Presently the global agriculture industry is tasked with ensuring food security more than ever, World population is expected to grow by 2.3 billion people, between 2009 and 2050. The population growth is expected to be driven by developments in the developing nations with the fastest rate of g0rowt Read more...
The agricultural film market is evaluated at US$9.276 billion for the year 2019 growing at a CAGR of 5.83% reaching the market size of US$13.030 billion by the year 2025. Agricultural films are films made from different types of materials that are considered of utmost importance in the agricultural sector and have significantly contributed towards the efficiency of crop productivity. There has been a growing adoption of these films over the past years owing to their utmost efficiency to enhan Read more...
The crop micronutrients market is evaluated at US$5.683 billion for the year 2019 growing at a CAGR of 7.61% reaching the market size of US$8.823 billion by the year 2025. Micronutrients are essential nutrients that are essential for the growth as well as for metabolic activities of plants. Micronutrients help to improve the taste, quality, and color of the plants or crops. These also enhance the efficiency of the fertilizers and help in the reduction of water use. Micronutrients help in Read more...
The agricultural pumps market is evaluated at US$3.960 billion for the year 2019 growing at a CAGR of 5.69% reaching the market size of US$5.521 billion by the year 2025. Agricultural pumps are those types of water pumping solutions that are specifically designed to meet the water pumping or transporting requirements in the agricultural sector from numerous sources such as bore-wells, rivers, and tanks among others. The market for agricultural pumps is projected to show a substantial grow Read more...
The fertilizer market is evaluated at US$206.392 billion for the year 2019 growing at a CAGR of 1.98% reaching the market size of US$232.221 billion by the year 2025. A fertilizer is a type of material that is primarily applied to soil or the tissues of plants or crops with an aim to supply the necessary nutrients that are essential for the growth of plants. The nutrient capacity of the soil decreases after every harvest which is replenished by using fertilizers. The primary factors that are Read more...
The veterinary infectious diseases diagnostics market is projected to grow at a CAGR of 7.98% to reach US$5.369 billion by 2025. The prevalence of diseases such as colony collapse disorder, zoonotic diseases, rabies, canine distemper (which is also called Hardpad disease) among some other diseases is increasing due to the different types of bacteria, virus, and parasites present in the surroundings and the lack of practice of proper hygiene among the animals. This is leading to the spread Read more...
The global seed coating market is projected to surge at a CAGR of 8.10% to reach a market size of US$4.287 billion in 2025 from a market size of US$2.686 billion in 2019.The growing demand for accelerating seed performance is driving the growth of the global seed coating industry in the forecast period. This will further contribute to overcoming the challenges where concerns regarding feeding an increasing global population are prevalent. Hence, the seed coating technology is paving way for sust Read more...
The planting equipment market is projected to grow at a CAGR of 5.46% to reach US$14.804 billion by 2025, from US$10.761 billion in 2019. The increasing number of agricultural practices in order to meet the rising demand for food crops and other crops by the individuals in the population is augmenting the growth of the market. There has been an increase in the agricultural practices over the years in order to meet the burgeoning demand of food crops and other crops from the consumers Read more...
Japan farm equipment market is expected to reach US$1,814.141 million by 2024. The farm population in Japan has decreased in recent years. However, the importance of agriculture is still felt. A major area of cultivable land is devoted to rice cultivation, as it is the staple food in the country. Fish comes second in importance to rice. The Japanese fishing fleet is one of the largest in the world. The increasing automation in the field of agriculture and farming is driving the market for farm Read more...
Brazil farm equipment market is expected to grow from US$3,061.220 million in 2018 to US$3,608.881 million in 2024. Brazil has a rich content of natural resources which makes it a competitive market for farm equipment. These equipment help in reducing the dependency on labor, improving crop quality, and reducing the time for agricultural work. The increasing automation in the field of agriculture and farming along with the support from the governments in the region is driving the market f Read more...
