#agrochemical market share

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Agrochemicals Market - Forecast (2024 - 2030)

The global agrochemical market revenue crossed $267.6 billion as of 2023 with a CAGR of 4% and will continue to leverage a better economy in the forecasted period 2024 to 2030. According to a finding of Proceedings of the National Academy of Sciences (PNAS) of the United States of America, pests and pathogens cost nearly $40 billion to the plants and forest crop production in the U.S. every year. This statistic is reflective of the need for agricultural chemicals such as insecticides, herbicides, fungicides, and pesticides on a large scale. The residential and commercial gardens are also affected by the resultant economic loss. As a result, they incorporate agrichemical sprays and fertilizers to eradicate pest issues along with promoting plant growth and crop yields significantly. APAC is a massively populated region; therefore, it relies on farming and cultivation practices to balance the increasing food consumption rate. However, the rise in infested agricultural fields is a major limitation to the regional agricultural economy. Ricepedia reports that Asia, alone, produces and consumes 90% of rice in the world. Asian agricultural countries use modern farming techniques with a stronghold in agronomy. Besides, there is a surge of government-subsidized agrichemical inputs available to the local farmers. All these collectively influence APAC’s contribution to the global agrochemical market. This resonates with the fact that APAC held a major regional share of 32.50% acquiring huge profit in the year 2023.

IndustryARC’s expertise highlights, “Increase in the number of invasive species is a perennial threat to the current agricultural productivity which majorly upheaves the global agrochemical market demand to eliminate the threat of crop loss.” Non-agricultural indoor plantations, residential gardening, nurseries, and others have subsequent involvement in the mounting agrochemical demand which is projected to grow at a CAGR of 3.86% during the forecast period of 2024-2030. Pests and diseases are a constant threat to wheat and maize cultivation throughout the world. Consequently, there is a greater dependency on pesticides, adjuvants, and fertilizers to inhibit the growth of pest infestation. Wheat and maize farming segment is evaluated to increase at 5.20% CAGR through to 2030 and is foreseen to expand largely over this period.

The agrochemicals market is increasingly influenced by the trend toward sustainable agriculture. This shift entails developing and using products that minimize environmental impact while maintaining agricultural productivity. This trend is driven by consumer awareness, regulatory pressures, and a broader societal push towards sustainable practices. Companies are focusing on eco-friendly fertilizers and pesticides, soil health, and water conservation methods. This shift also includes a greater emphasis on integrated pest management and reduced chemical use, balancing agricultural needs with ecological preservation.

Digital agriculture is revolutionizing the agrochemicals market by enabling more precise and efficient use of agricultural inputs. This trend involves leveraging technologies like AI, IoT, and big data analytics for targeted pesticide and fertilizer applications, minimizing waste and environmental impact. By providing farmers with real-time data on crop health, soil conditions, and weather patterns, digital tools help in optimizing resource use and decision-making. This technological integration not only boosts crop yields but also supports sustainable farming practices through informed agrochemical application.

Agrochemicals Market Growth Drivers:

Frequent incidences of new pests, pathogens, and weeds in farming, plantation, and residential gardening discovered in the past decade. Significantly, there is a huge requirement for effective agrochemicals for reducing economic and crop loss. Also, the application of chemical growth agents such as adjuvants and hormones helps in healthy crop yields. Consequently, the global agrochemical market experiences huge demand thereby gaining a lucrative economy.

While chemical pests and pathogen inhibitors pose a threat to ecological sustenance, organic agrochemicals are on the rise in modern farming across the world. There is a rise in the organic farming method owing to its suitability for regulating the spread and growth of agricultural pests and diseases. Concurrently, the increasing usage of natural pesticides and fertilizers provides a greater scope of opportunity for the global agrochemical market.

Agrochemicals Market Companies:

Bulk supply of agrochemicals throughout the world is facilitated by different companies such as The Mosaic Co., Agrium Inc., BASF SE, DowDuPont, Israel Chemicals, PI Industries, Bayer AG, Sumitomo Chemical Co., Syngenta AG, and Yara International. R&D investment for developing innovative techniques and products also complying with environmental sustainability and government regulations are key to the success of these market leaders.

Sumitomo Chemical Co. is a leading chemical product distributing company in Japan with a prime focus on petrochemicals and plastics, pharmaceuticals, health, and crop-related services. Their main involvement in the agricultural sector is promoted by crop protection chemicals which include insecticides, plant growth regulators, fungicides, herbicides, and so on.

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Agrochemical Market: Growing Global Demand for Agricultural Solutions

The global agrochemicals market is projected to be worth USD 301.5 billion by 2030, growing at a CAGR of 3.9%, according to P&S Intelligence. This development can be credited to the growing populace, which is propelling the need for food. Because of this, the demand for fertilizers among the agrarian community is growing in order to produce a higher volume of nutritious crops.

Growing Demand for Food, Propelled by Rising Population

According to the UN, in 2023, the population of the world is approximately 8.1 billion, and it is projected to cross 10 billion by 2030.

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Fundamentally, the populace growth will increase the requirement for manure, by putting the agricultural community under a strong burden to meet the growing need for food. Furthermore, the increasing usage of organic fertilizers to advance safety and effectiveness will propel the market.

During the projection period, the cereals and grains category is expected to experience the fastest development. This is mainly because these chemicals are utilized the most widely on cereals and grains, since crops such as rice might have a smaller yield and lower quantity of nutrients because of the bad quality of the soil.

APAC Is Largest Producer and Consumer of Agrochemicals

In 2022, APAC led the market, and the region is also projected to be in the top spot in the future. This is mainly because of the existence of a huge populace and key players in the region. Moreover, chemical businesses catering to the agricultural community are engaging in mergers, acquisitions, and collaborations to gain a larger foothold in the APAC region.

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Ensuring Safety and Compliance: The Role of Agrochemical Additives 

Agrochemical Additives Market is projected to achieve a value of USD 1.86 Billion in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 2.64 Billion by 2033 with a CAGR of 4.5% during the forecast period 2024-2033. Research analysts use quantitative as well as qualitative analytical techniques to provide users, business owners, and industry professionals with accurate and actionable data.

The report includes an executive summary, global economic outlook, and overview sections which provide a consistent analysis of the Agrochemical Additives  market. Additionally, the report in the Market Overview section outlines PLC analysis and PESTLE analysis to provide a thorough analysis of the market. The overview section details Porter's five forces analysis which helps to reveal a possible scenario of the market by disclosing a competitive scenario with respect to the Agrochemical Additives  Market.

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 Key companies profiled in this research study are:

Aceto Corporation,

AkzoNobel N.V.

BASF SE

Bayer AG

BTC Europe GmbH

Clariant

Croda International

DowDuPont

DuSolo Fertilizers

Evonik Nutrition and Care GmbH

FMC Corporation

Harcros Chemicals

Heringer

Israel Chemicals Limited (ICL)

Jordan Abyad Fertilizers

and Chemicals Company

K+S KALI GmbH,

LEVACO Chemicals Lonza

Nufarm Ltd.,

Nutrichem Company Limited

Nutrient Ltd., OCI N.V.

PhosAgro, S.A OCP

Saudi Arabia Fertilizer Company (SAFCO)

Stepan Company

Syngenta AG, The Mosaic Company

UPL Limited

WinHarvest Pty Ltd

   Agrochemical Additives  Market Segmentation:

  Market, By Type

Adjuvants

Solvents

Emulsifiers

Surfactants

Anti-foaming agents

Wetting agents

Anti-caking agents

pH adjusters

Drift control agents

Others

  Market, By Application

Traditional Pesticides

Seed Treatment

Micronutrients and Fertilizers

Soil Health

Others

  Market, By Crop Type

Grains & Cereals

Fruits & Vegetables

Oilseeds & Pulses

Turf & Ornamentals

Others

 Market, By Form

Soil

Liquid

Agrochemical Additives Market Trends:

One significant trend powerful the market is precision agriculture. The demand for agrochemical additives that improve the precision and targeted delivery of pesticides and fertilizers has arisen as a result of the integration of new technology, such as digital agricultural tools and precision farming techniques. This movement is a reaction to the demands for reduced environmental impact, cost effectiveness, and optimal resource utilization.

In addition, the agrochemical additives sector is experiencing advancements in nanotechnology, as nano-sized additives are being investigated for their ability to boost agrochemical efficiency and bioavailability. More environmentally friendly farming methods can be facilitated by the regulated release, enhanced absorption, and decreased environmental impact that nanotechnology provides.

Key benefits of the report:

The leading players of the Agrochemical Additives industry, their market share, product portfolio, company profiles are covered in this report.

Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure.

The competitive market scenario among Agrochemical Additives players will help the industry aspirants in planning their strategies.

The statistics presented in this report are an accurate and useful guide to shaping your business growth.

In order to identify the areas that require immediate investment, this report provides an analytical portrayal of the agrochemical additives market together with current trends and future projections. Together with a thorough study of the market share for agrochemical additives, the report includes information on the major drivers, obstacles, and opportunities in the industry. To illustrate the growth scenario for the agrochemical additives market, a quantitative analysis of the current market is conducted. Porter's Five Forces Analysis shows how powerful suppliers and buyers are in the market.

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Finally, Agrochemical Additives  Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report provides locales, economic conditions, item values, benefits, limits, creations, supplies, requests, market development rates, and numbers, etc. Agrochemical Additives  Industry Report Announces Additional New Task SWOT Examination, Speculation Achievement Investigation and Venture Return Investigation.

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Agrochemicals Products Market: Global Industry Analysis and Forecast 2023 – 2030

Global Agrochemicals Products Market Size Was Valued at USD 206.39 Billion In 2021 And Is Projected to Reach USD 288.48 Billion By 2028, Growing at A CAGR of 4.6 % From 2022 To 2028.

Any material used in agriculture, including synthetic fertilizers, herbicides, and insecticides, is referred to as an agrochemical. Most are chemical mixes consisting of two or more compounds; the inert ingredients stabilize, protect, or make the administration of the active ingredients easier while the active ingredients deliver the desired effects.

In regions like the Great Plains, agrochemicals have increased per-acre output by 200–300% since the 1930s when they were combined with other technological advancements like tractors, mechanical harvesters, and irrigation pumps. They are controversial subjects, as are the stability of the agricultural systems that use them and their long-term effects on the environment.

Farmers can grow more crops on an acre area for longer periods of time with the use of agrochemicals. By shielding crops from pests, diseases, and weeds, they guarantee a healthy yield. Because less land is required to produce rich yields, it also decreases the rate of deforestation, which is good for the environment. Furthermore, the land's pristine state is preserved.

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Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Leading players involved in the Agrochemicals Products Market include:

BASF SE, Bayer AG, Corteva Agriscience, Fengro Industries Corporation, FMC Corporation, Heringer Fertilizers SA, Israel Chemicals Ltd. (ICL), Jordan Abyad Fertilizers and Chemicals Company (Jafcco), K+S KALI GmbH, Nutrien Ltd., OCI NV, PJSC PhosAgro, Saudi Arabian Fertilizer Company (SAFCO), Syngenta International AG, The Mosaic Company, WinHarvest Pty Ltd, and Other Major Players 

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Segmentation of Agrochemicals Products Market:

By Type

Fungicides

Herbicides

Insecticides

Other

By Product Type

Fertilizer

Pesticides

Adjuvants

Plant Growth Regulators

By Application

Grains and Cereals

Pulses and Oilseeds

Fruits and Vegetables

Turf and Ornamental Grass

Other Non-crop-based

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

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(1) A complete section of the Agrochemicals Products market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

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(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Agrochemicals Products market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Agrochemicals Products Market report.

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Global Micronutrients Fertilizers Market Is Estimated To Witness High Growth Owing To Increasing Demand for Sustainable Crop Production

The global Micronutrients Fertilizers Market is estimated to be valued at US$2821.1 million in 2021 and is expected to exhibit a CAGR of 7.20% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Micronutrients fertilizers are essential for the growth and development of plants, as they provide essential minerals and elements necessary for optimal plant health. These fertilizers contain micronutrients such as iron, zinc, copper, molybdenum, manganese, and boron, among others. They are applied to crops either through foliar spray or soil application, ensuring that plants receive an adequate supply of essential nutrients. Micronutrients play a crucial role in various physiological and biochemical processes in plants, including photosynthesis, enzyme activation, and hormone synthesis. Micronutrients fertilizers offer several advantages to farmers, including improved crop yield, enhanced nutrient uptake efficiency, and increased resistance to diseases and pests. They also help in correcting nutrient deficiencies in the soil, which can negatively impact plant growth and productivity. With the rising global population and increasing demand for food, the adoption of micronutrient fertilizers is crucial to ensure sustainable crop production and meet the growing food requirements. Market Key Trends: One key trend driving the micronutrients fertilizers market is the increasing adoption of precision agriculture techniques. Precision agriculture involves the use of advanced technologies such as Global Positioning Systems (GPS), Geographic Information Systems (GIS), remote sensing, and data analytics to optimize agricultural practices. These technologies enable farmers to precisely apply micronutrient fertilizers based on crop needs, soil conditions, and yield goals. Precision agriculture helps in reducing nutrient wastage and improving fertilizer use efficiency, leading to cost savings for farmers. It also minimizes environmental impacts by preventing excess fertilizer runoff into water bodies and reducing greenhouse gas emissions. For example, in precision farming, farmers can use drones equipped with multispectral cameras that provide detailed information about crop health and nutrient deficiencies. This data can be used to create prescription maps for micronutrient application, ensuring targeted and efficient fertilizer use. PEST Analysis: Political: Governments across the globe are implementing agricultural policies and regulations to promote sustainable farming practices. This includes the promotion of micronutrient fertilizers to improve crop productivity and reduce nutrient deficiencies in soils. Economic: The increasing demand for high-quality food products and the need to enhance agricultural productivity are driving the adoption of micronutrient fertilizers. Farmers are willing to invest in these fertilizers to achieve higher yields and meet the growing consumer demand. Key Takeaways: - The global Micronutrients Fertilizers Market Share is expected to witness high growth, exhibiting a CAGR of 7.20% over the forecast period, due to increasing demand for sustainable crop production. - Regionally, Asia Pacific is expected to be the fastest growing and dominating region in the micronutrients fertilizers market. The region has a large agricultural sector and a growing population, driving the demand for improved crop productivity and quality. - Key players operating in the global micronutrients fertilizers market include Yara International ASA, BASF SE, The Mosaic Company, FMC Corporation, Nouryon Cooperatief UA, Nutrien Limited, Haifa Group, Valagro SpA (Syngenta Group), Coromandel International Limited, Sapec Agro SA, Auriga Group, ATP Nutrition Ltd, Wilbur-Ellis Company LLC, BMS Micro-Nutrients NV, and UPL Limited (Arysta Lifescience Corporation)

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Agrochemicals Market To See Booming Growth and Development Opportunities by 2030

The agrochemicals market refers to the global industry involved in the production, distribution, and use of chemical products for agricultural purposes. Agrochemicals, also known as agricultural chemicals or crop protection chemicals, encompass a wide range of substances including fertilizers, pesticides, herbicides, insecticides, and fungicides. These chemicals are used to enhance crop yields, protect crops from pests and diseases, and improve overall agricultural productivity.

Here is a comprehensive overview of the agrochemicals market:

Market Size and Growth:

The agrochemicals market has experienced significant growth over the years due to increasing global population, expanding food demand, and the need to maximize agricultural productivity. The market size is influenced by various factors such as government policies, technological advancements, and the adoption of modern farming practices. According to recent reports, the global agrochemicals market was valued at over $200 billion in 2020, and it is expected to continue growing in the coming years.

Segmentation:

The market can be segmented based on product type, including fertilizers (nitrogenous, phosphatic, and potassic fertilizers), pesticides (herbicides, insecticides, fungicides), and others (adjuvants, growth regulators). Additionally, it can be categorized based on application areas such as crop-based (cereals, oilseeds, fruits and vegetables, etc.) and non-crop-based (turf and ornamentals).

Fertilizers:

Fertilizers play a crucial role in agrochemicals, providing essential nutrients to plants for their growth and development. Nitrogenous fertilizers are used to enhance plant growth, phosphatic fertilizers promote root development, and potassic fertilizers improve crop resistance to diseases and stress. The demand for fertilizers is driven by the need for increased agricultural output and nutrient management.

Pesticides:

Pesticides are substances used to control or eliminate pests, including weeds, insects, and diseases that can damage crops. Herbicides target unwanted plants (weeds), insecticides target harmful insects, and fungicides control fungal diseases. The growing need for pest control and crop protection drives the demand for pesticides.

Regional Market Trends:

The agrochemicals market exhibits regional variations in terms of consumption patterns and market dynamics. Major regions include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Factors influencing regional markets include climate conditions, agricultural practices, government regulations, and economic factors.

Sustainability and Environmental Concerns:

The agrochemicals industry faces increasing scrutiny regarding its impact on the environment and human health. There is a growing emphasis on sustainable agricultural practices, integrated pest management, and reduced chemical usage. Manufacturers are developing environmentally friendly and biodegradable alternatives to traditional agrochemicals.

Key Players:

The agrochemicals market is highly competitive, with several major companies operating globally. Prominent players in the market include Bayer AG, Syngenta AG, BASF SE, Dow Chemical Company, and FMC Corporation. These companies invest heavily in research and development to introduce innovative products and technologies.

Regulations and Compliance:

Agrochemicals are subject to strict regulations and guidelines imposed by government bodies to ensure their safe and responsible use. Regulatory frameworks focus on product registration, labeling requirements, maximum residue limits, and environmental impact assessments.

Future Outlook:

The agrochemicals market is anticipated to witness continued growth due to population growth, increasing food demand, and the need for sustainable agriculture. Advancements in biotechnology, precision farming, and digital agriculture are expected to drive innovation in the industry.

Agrochemicals benefits:

Increased Crop Yield: Agrochemicals such as fertilizers, pesticides, and herbicides help improve crop productivity by providing essential nutrients to plants, controlling pests and diseases, and reducing weed competition. These inputs enable farmers to maximize their yields and produce more food from the available land.

Pest and Disease Control: Pesticides are designed to control or eliminate harmful pests and diseases that can damage crops. They help protect plants from insects, fungi, bacteria, viruses, and other pathogens, reducing crop losses and ensuring healthier harvests.

Weed Management: Herbicides are used to control weeds, which compete with crops for nutrients, water, and sunlight. By selectively targeting and eliminating weeds, herbicides help maintain the desired crop population, minimize yield losses, and improve overall farm efficiency.

Enhanced Nutrient Availability: Fertilizers provide essential nutrients, such as nitrogen, phosphorus, and potassium, which are necessary for plant growth and development. They replenish soil fertility, address nutrient deficiencies, and ensure that crops have access to the nutrients required for optimal health and productivity.

Improved Crop Quality: Agrochemicals can contribute to the improvement of crop quality by minimizing damage caused by pests, diseases, and weeds. By protecting crops throughout their growth cycle, agrochemicals help produce healthier, more uniform, and visually appealing fruits, vegetables, and grains.

Cost Efficiency: Agrochemicals offer cost-effective solutions for crop management. By protecting crops from pests, diseases, and weeds, they help reduce losses and increase overall farm profitability. Moreover, agrochemicals can be applied in a targeted manner, which minimizes waste and ensures optimal resource utilization.

Increased Food Production: With the world's population continuously growing, agrochemicals play a significant role in meeting the global demand for food. By improving crop productivity and preventing yield losses, agrochemicals contribute to increased food production and food security.

It's important to note that the use of agrochemicals should be done responsibly, adhering to recommended dosage, application guidelines, and environmental regulations. Appropriate handling, storage, and disposal practices should be followed to minimize potential risks and ensure the sustainable use of these agricultural inputs.

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Vertical Farming Market Recent Trends and Growth Analysis Report 2024 – 2030

The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.

Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.

Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Detailed Segmentation:

Market Concentration & Characteristics

The vertical farming market growth stage is high. The vertical farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as sensors and cameras in order to enhance resource efficiency, increase yields, and address challenges such as limited space and environmental constraints. Also, technologies such as hydroponics, aeroponics, LED grow lights, and automation systems are commonly employed to enhance efficiency and crop quality.

Market Dynamics

The growth of the vertical farming market is attributed to factors such as steady population growth, government incentives, limited availability of cultivable land, and the increasing demand for high-quality and fresh food. Moreover, the increasing consumer demand for organic food is positively impacting the growth of the vertical farming market, creating favorable business opportunities. With consumers placing a higher value on organic products, vertical farming is a viable solution to meet this demand.

Component Insights

On the basis of components, vertical farming market is segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2022. Hardware plays a significant role in maintaining an environment in vertical farming. The segment is further categorized into lighting, hydroponic components, climate control, and sensors. The lighting segment led the market and accounted for more than 44.46% of global hardware revenue in 2022. A large share of the lighting segment can be attributed to the dependence of vertical farms on artificial lighting. Artificial lights provide sufficient light intensities required for crop growth. The climate control segment is expected to register the highest CAGR of 20.6% over forecast period. Increasing adoption of hydroponic components by farmers to minimize weight load and infrastructure needed to support equipment is anticipated to drive demand for hydroponic components.

Growing Mechanism Insights

The Hydroponics segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Hydroponics is a popular growth mechanism due to low installation costs and ease of operations. It is a method of growing plants without soil, where soil is replaced by mineral solution inserted around plant roots. Additionally, the hydroponics method removes the risk of soil organisms causing diseases.

Crop Category Insights

The fruits, vegetables, & herbs segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Increasing cultivation of commonly grown fruits and vegetables in vertical farming is driving segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation. At the same time, vertical farming improves biodiversity as it does not cause land disturbances. As such, vertical farming is in high demand for growing different types of crops. Further, fruits, vegetables, & herbs are segmented into tomato, lettuce, bell, chili peppers, strawberry, cucumber, leafy greens (excluding lettuce), herbs, and others. Among which tomatoes segment led the market and accounted for more than 24.23% of global fruits, vegetables, & herbs revenue in 2022. 

Structure Insights

The shipping container segment dominated the market with a share of about 53.32% in 2022 and is expected to remain dominant between 2023 and 2030. This growth is attributed to the ability of structure to help grow crops irrespective of geographic location. One of the primary benefits of container-based farming is that container farms are easy to transport, and one doesn't require a large piece of land or dedicated building to start cultivating.

Regional Insights

In terms of revenue, Europe dominated the vertical farming market in 2022 with a share of approximately 31.7% and is expected to remain dominant between 2023 and 2030. Growing awareness regarding the importance of alternative farming owing to less availability of fertile agricultural land and increasing population in the region is the key factor anticipated to spur the demand.

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Key Companies & Market Share Insights

Some of the key players operating in the market include Agrilution GmbH; Aerofarm; Brightfarms Inc.; Everlight Electronics Co., Ltd; Freight Farms; GrowUp Urban Farms Ltd.; Green Sense Farms, LLC; Vertical Farm Systems.

• Vertical Farm Systems is engaged in the development of fully automated growing systems with reusable medium and energy efficient climate cells. The company utilizes artificial intelligence (AI) and automation for optimized growing conditions.

• Brightfarms Inc., is an indoor farming company that provides fresh packaged salad. The company sells their product locally that are grown in controlled environment. The company is inclined towards development of efficient vertical farming system with a focus on resource efficiency and sustainable practices.

Key Vertical Farming Companies:

• AeroFarms (U.S.)

• Illumitex, Inc. (U.S.)

• American Hydroponics (U.S.)

• Agrilution GmbH

• Brightfarms Inc.

• Everlight Electronics Co., Ltd.

• Freight Farms

• GrowUp Urban Farms Ltd.

• Green Sense Farms, LLC

• Vertical Farm Systems.

Vertical Farming Market Segmentation

Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region

Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)

• Shipping Container

• Building-based

Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

o Lighting

o Hydroponic components

o Climate control

o Sensors

• Software

• Services

o System Integration & Consulting

o Managed Services

o Assisted Professional Services

Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)

• Hydroponics

• Aeroponics

• Aquaponics

Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)

• Fruits Vegetables, & Herbs

o Tomato

o Lettuce

o Bell & Chili Peppers

o Strawberry

o Cucumber

o Leafy Greens (excluding lettuce)

o Herbs

o Others

• Flowers & Ornamentals

o Perennials

o Annuals

o Ornamentals

• Others (Cannabis, Microgreens)

Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

• Asia Pacific

o China

o Japan

o India

o Singapore

o South Korea

• South America

o Brazil

• Middle East and Africa (MEA)

Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.

Recent Developments

• In March 2023, BrightFarms, a pioneer in the indoor farming industry, is growing by establishing four additional regional greenhouse centers that introduce sustainably farmed leafy greens to a broader audience in the Eastern and Central United States. The newly built greenhouse centers are expected to meet the rising demand for organic food and initiate distribution to retailers by 2024. With this expansion, the company is expecting 10x revenue growth by 2024.

• In February 2023, AeroFarms and Public Investment Fund (PIF), a wealth funding body of Saudi Arabia, announced a joint venture to establish indoor vertical farms in the Middle East and Saudi Arabia.

[market-insider]

Market Report on Vertical Farming Products: Understanding Size, Share, and Growth Trajectories

The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.

Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.

Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.

Artificial lighting helps in extending the hours of natural daylight, which further increases the health, growth rate, and yield of the plants. Artificial lighting such as high-pressure sodium lighting and LED lighting can extend the availability of crops (throughout a season). LED lighting systems produce a dual-band color spectrum and generate low heat. They are anticipated to witness significant growth over the forecast period.

A hydroponic system is a method of growing plants without soil. A hydroponic system eliminates the need for pesticides and artificial ripening agents and helps in producing nutritionally-rich vegetables. However, factors such as high initial investment and fewer crop varieties are likely to restrain the market growth.

For More Details or Sample Copy please visit link @: Vertical Farming Market Report

Vertical Farming Market Report Highlights

The escalating production of biopharmaceutical products is anticipated to drive the market

The shipping container segment accounted for the largest market share in 2022. Shipping container-based farming uses less water than traditional farming with drip irrigation. Shipping containers can be easily stacked, modified, recycled, and refurbished at a lower cost. Additionally, the excess availability of unused shipping containers across the region will likely influence segment growth over the forecast period

The hardware segment accounted the largest market share in 2022. The hardware plays a significant role in maintaining the environment of the indoor farms. The segment is further categorized into climate control systems, lighting systems, sensors, and irrigation systems, which enables the cultivation of indoor-grown crops

The fruits vegetables, & herbs segment is also expected to have considerable growth over the forecast period. The increasing cultivation of commonly grown fruits and vegetables in greenhouses is driving the segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation

Based on offering, the climate control segment is expected to witness high growth over the forecast period as the growth of crops can be controlled by monitoring and adjusting the concentrations of minerals

By growing mechanism, the aeroponics segment is expected to observe considerable growth over the forecast period as the aeroponics facilitate fast growth in plants (under normal conditions)

The North American regional market is expected to witness significant growth over the forecast period owing to the expansion of small-scale, commercial vertical farms

Gain deeper insights on the market and receive your free copy with TOC now @: Vertical Farming Market Report

We have segmented the global vertical farming market report based on structure, growing mechanism, crop category and region.

[latestmarketresearchnews]

Biostimulants Market Forecast to 2030 by Recent Trends and Regional Growth Overview

The global biostimulants market size is expected to reach USD 4.6 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. This is attributable to surging consumption of the product in several end-use applications such as foliar, seed, and soil treatment. Foliar treatment held the largest market share in the global market on account of its vast adoption across the agricultural sector. The treatment is highly performance efficient on account of the direct application of the product onto the leaves of the plant. The application procedure is highly labor-intensive but also leads to the minimal wastage of biostimulant. Its extensive benefits over other application techniques have resulted in augmented demand for the product.

Synthetic fertilizer is presently used in large amounts in most regions for soil amendment. However, the growing focus on providing environmental sustainability, improving the soil, and crop yield as well as enhancing the overall productivity has caused a shift toward biobased solutions such as biostimulants. This is expected to have a positive impact on the market in the near future.

Gather more insights about the market drivers, restrains and growth of the Global Biostimulants Market

The organic food sector has witnessed significant growth over the past few years owing to the rising health concerns among consumers. Organic food contains all the necessary nutrients and does not contain unnecessary toxins that are harmful to human health.

The growing demand for organic food has contributed to the adoption of bio-based products by food & beverage producers in the U.S. According to the U.S. Department of Agriculture, organic food sales account for around 4% of the total U.S. food sales. According to The Food and Agriculture Organization of the United Nations, organic farming is practiced in around 187 countries and as of 2021, 72.3 million hectares of agricultural land was managed organically by around 3.1 million farmers.

Biostimulants Market Report Highlights

The seaweed extract biostimulants segment has a strong hold in the market with a highest growth rate of 8.1% over the forecast period. This growth is attributable to the presence of plant growth chemicals such as auxins, cytokinins, gibberellins carbohydrates, and various other nutritive metal elements such as aluminum, potassium, iron, nitrogen, and potassium

The row crops and cereals segment is growing significantly with a CAGR of 7.1% as they are highly lucrative, and are grown widely across the globe and include millets, corn, and barley

The seed treatment application segment is estimated to grow at highest rate of 8.6% in terms of revenue over the forecast period owing to its cost effectiveness as compared to other types of conventional techniques

Asia Pacific region is expected to witness the fastest growth rate of 9.6% in terms of revenue, from 2023 to 2030. This is attributable due to favorable government policies in agricultural sector to promote the use of biobased products and attract investments in the industry have created a wide scope for the growth of product demand in the region

The global market is fragmented in nature and consists of many small and medium-sized market players coupled with a few big players. The players face stiff competition from local players operating in developing regional markets. Europe is a major market for biostimulants industry

Browse through Grand View Research's Agrochemicals & Fertilizers Industry Research Reports.

Fertilizer Catalyst Market: The global fertilizer catalyst market size was estimated at USD 3.05 billion in 2024 and is projected to grow at a CAGR of 3.2% from 2025 to 2030.

Mulch Film Market: The global mulch film market size was valued at USD 4.31 billion in 2024 and is expected to expand at a CAGR of 10.7% from 2025 to 2030.

Biostimulants Market Segmentation

Grand View Research has segmented the global biostimulants market on the basis of active ingredients, crop type, application, and region:

Biostimulants Active Ingredient Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

Acid Based

Seaweed Extract

Microbial

Others

Biostimulants Crop Type Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

Row Crops & Cereals

Fruits & vegetables

Turf & Ornamentals

Others

Biostimulants Application Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

Foliar Treatment

Soil Treatment

Seed Treatment

Biostimulants Regional Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

North America

US

Europe

Germany

UK

Italy

Asia Pacific

China

India

Japan

Australia

Central & South America

Brazil

Middle East & Africa

Order a free sample PDF of the Biostimulants Market Intelligence Study, published by Grand View Research.

[marketinsight1234]

Agrochemicals Products Market: Global Industry Analysis and Forecast 2023 – 2030

Global Agrochemicals Products Market Size Was Valued at USD 206.39 Billion In 2021 And Is Projected to Reach USD 288.48 Billion By 2028, Growing at A CAGR of 4.6 % From 2022 To 2028.

Any material used in agriculture, including synthetic fertilizers, herbicides, and insecticides, is referred to as an agrochemical. Most are chemical mixes consisting of two or more compounds; the inert ingredients stabilize, protect, or make the administration of the active ingredients easier while the active ingredients deliver the desired effects.

In regions like the Great Plains, agrochemicals have increased per-acre output by 200–300% since the 1930s when they were combined with other technological advancements like tractors, mechanical harvesters, and irrigation pumps. They are controversial subjects, as are the stability of the agricultural systems that use them and their long-term effects on the environment.

Farmers can grow more crops on an acre area for longer periods of time with the use of agrochemicals. By shielding crops from pests, diseases, and weeds, they guarantee a healthy yield. Because less land is required to produce rich yields, it also decreases the rate of deforestation, which is good for the environment. Furthermore, the land's pristine state is preserved.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Leading players involved in the Agrochemicals Products Market include:

BASF SE, Bayer AG, Corteva Agriscience, Fengro Industries Corporation, FMC Corporation, Heringer Fertilizers SA, Israel Chemicals Ltd. (ICL), Jordan Abyad Fertilizers and Chemicals Company (Jafcco), K+S KALI GmbH, Nutrien Ltd., OCI NV, PJSC PhosAgro, Saudi Arabian Fertilizer Company (SAFCO), Syngenta International AG, The Mosaic Company, WinHarvest Pty Ltd, and Other Major Players 

If You Have Any Query Agrochemicals Products Market Report, Visit:

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Segmentation of Agrochemicals Products Market:

By Type

Fungicides

Herbicides

Insecticides

Other

By Product Type

Fertilizer

Pesticides

Adjuvants

Plant Growth Regulators

By Application

Grains and Cereals

Pulses and Oilseeds

Fruits and Vegetables

Turf and Ornamental Grass

Other Non-crop-based

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Agrochemicals Products market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Agrochemicals Products market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Agrochemicals Products market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Agrochemicals Products market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Agrochemicals Products Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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[researchreportinsight]

Biostimulants Market Geographic Segmentation, Research by Regions and Analysis to 2030

The global biostimulants market size is expected to reach USD 4.6 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. This is attributable to surging consumption of the product in several end-use applications such as foliar, seed, and soil treatment. Foliar treatment held the largest market share in the global market on account of its vast adoption across the agricultural sector. The treatment is highly performance efficient on account of the direct application of the product onto the leaves of the plant. The application procedure is highly labor-intensive but also leads to the minimal wastage of biostimulant. Its extensive benefits over other application techniques have resulted in augmented demand for the product.

Synthetic fertilizer is presently used in large amounts in most regions for soil amendment. However, the growing focus on providing environmental sustainability, improving the soil, and crop yield as well as enhancing the overall productivity has caused a shift toward biobased solutions such as biostimulants. This is expected to have a positive impact on the market in the near future.

Gather more insights about the market drivers, restrains and growth of the Global Biostimulants Market

The organic food sector has witnessed significant growth over the past few years owing to the rising health concerns among consumers. Organic food contains all the necessary nutrients and does not contain unnecessary toxins that are harmful to human health.

The growing demand for organic food has contributed to the adoption of bio-based products by food & beverage producers in the U.S. According to the U.S. Department of Agriculture, organic food sales account for around 4% of the total U.S. food sales. According to The Food and Agriculture Organization of the United Nations, organic farming is practiced in around 187 countries and as of 2021, 72.3 million hectares of agricultural land was managed organically by around 3.1 million farmers.

Biostimulants Market Report Highlights

The seaweed extract biostimulants segment has a strong hold in the market with a highest growth rate of 8.1% over the forecast period. This growth is attributable to the presence of plant growth chemicals such as auxins, cytokinins, gibberellins carbohydrates, and various other nutritive metal elements such as aluminum, potassium, iron, nitrogen, and potassium

The row crops and cereals segment is growing significantly with a CAGR of 7.1% as they are highly lucrative, and are grown widely across the globe and include millets, corn, and barley

The seed treatment application segment is estimated to grow at highest rate of 8.6% in terms of revenue over the forecast period owing to its cost effectiveness as compared to other types of conventional techniques

Asia Pacific region is expected to witness the fastest growth rate of 9.6% in terms of revenue, from 2023 to 2030. This is attributable due to favorable government policies in agricultural sector to promote the use of biobased products and attract investments in the industry have created a wide scope for the growth of product demand in the region

The global market is fragmented in nature and consists of many small and medium-sized market players coupled with a few big players. The players face stiff competition from local players operating in developing regional markets. Europe is a major market for biostimulants industry

Browse through Grand View Research's Agrochemicals & Fertilizers Industry Research Reports.

Fertilizer Catalyst Market: The global fertilizer catalyst market size was estimated at USD 3.05 billion in 2024 and is projected to grow at a CAGR of 3.2% from 2025 to 2030.

Mulch Film Market: The global mulch film market size was valued at USD 4.31 billion in 2024 and is expected to expand at a CAGR of 10.7% from 2025 to 2030.

Biostimulants Market Segmentation

Grand View Research has segmented the global biostimulants market on the basis of active ingredients, crop type, application, and region:

Biostimulants Active Ingredient Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

Acid Based

Seaweed Extract

Microbial

Others

Biostimulants Crop Type Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

Row Crops & Cereals

Fruits & vegetables

Turf & Ornamentals

Others

Biostimulants Application Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

Foliar Treatment

Soil Treatment

Seed Treatment

Biostimulants Regional Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)

North America

US

Europe

Germany

UK

Italy

Asia Pacific

China

India

Japan

Australia

Central & South America

Brazil

Middle East & Africa

Order a free sample PDF of the Biostimulants Market Intelligence Study, published by Grand View Research.

[chococsun]

Chocolate futures

The consumption and production of chocolate have grown a lot since its ancient Mesoamerican origins. From different variations of chocolate that can be made: chocolate bars, chocolate drinks, ect., to the different areas of location where cacao beans can be grown. With that being said, regulation must be put in place to keep production running, but how fair are these regulations to the workers that cultivate the beans? Organizations like Fair Trade or alternatives stride to promote better care for workers and the environment, but the efforts done to make things right cannot fix every single problem or even create new problems. 

Cacao production has only grown larger and larger, with annual consumption of chocolate being 7.5 million tons, 5-6 million farmers, and the biggest markets of chocolate dominating the industry: Europe (40%), US (20%), and a combined share of West Africa and Europe would grow their global domination in the years to come. In spite of this, regulation of workers and the environment are not sustainable due to poor production practices, inadequate government support, smaller farmers and deforestation. Organizations like Fair Trade whose motto according to the video lecture “Chocolate futures” by Patricia Juarez-Dappe, states, “Fair Trade standards assist farmers to organize as cooperatives and associations so they can earn fair prices for their products” (Juarez-Dappe, 8:24). This can be achieved through a certification that regularly inspects cacao producers to make sure they meet child labor standards, promote environmental sustainability, and prohibits the usage of dangerous agrochemicals and GMOs. Pros to the Fair Trade certification are: better access to healthcare, education, protect the environment, protect women and to ensure that all workers are paid equally. Especially to women, who had been paid less than men, but those who were given the chance to invest in their own farms had been proven to have greater marginal returns compared to men. 

The cons are that cacao farmers struggle with chocolate pricing along with the cost to obtain the Fair Trade certification, the ambiguity of Fair Trade standards, does not compensate farmers accordingly, switching to sustainable agriculture result in higher wages cost, and lack of strong regularity force on Fair Trade’s part leading to mislabeling to happen. There are alternative organizations to Fair Trade, like Direct Cacao who work with “small farmers and create specific relationships based on individualized circumstances” (Juarez-Dappe, 14:35). But without a singular structure and set of regulation, there is bound to be inconsistency standards. One farm may have stricter regulation compared to another farm whose regulations are lax. Another organization is ATO (Alternative trading organization), which is a compromise between FairTrade and Direct Cacao, where they address specific issues that affect specific producers. 

Cacao accounts for about 0.7% of the global land use footprint of crop production in 2014, compared to wheat, maize, rice and soybeans who have a much higher impact. On an international trading crop scale, cacao accounts for 1.5%. In countries where cacao is their main product, its impact is much larger: Ecuador accounts for 15%, while the Ivory Coast accounts for 25%. The production of cacao leans towards an area that is forest dense and its cultivation causes deforestation and degradation. According to the Washington Post article titled, “ How Mars Inc., maker of M&Ms, vowed to make its chocolate green. And failed” by Steven Mufson, “The pace of deforestation is alarming. In 2017, 40 football fields of tropical forests were lost every minute, spurred by growing demand not only for cocoa, but also for palm oil, soybeans, timber, beef and rubber” (Mufson, 2019). The impact that the cacao and chocolate industry have is severe, good or bad: the former being for massive corporations earning money, and bad for the environment and workers. 

While there have been many organizations who took strides for better conditions for workers, it's clearly not enough. Problems are always going to keep popping up: deforestation, not investing in small farms to prevent less damage to the environment, conditions of farms and plantation, or increased price of chocolate not making its way back into farmers pockets. The biggest solution possible is for the government to get involved with fairer regulation in cacao growing regions, better incentives for environmental sustainability, and to advocate for better working conditions for the farmers. But until then, the cacao industry is broken.  

Sources

Juarez-Dappe, Patricia. “Chocolate futures” YouTube. September 2, 2020. Video, https://youtu.be/V9pYNx1bp54?si=vELc2QWCC1VPvwgy

Mufson, Steven. How Mars Inc., Maker of M&Ms, Vowed to make its Chocolate Green. and Failed.: The Global Appetite for Chocolate Threatens West Africa, which Supplies most of the world’s Cocoa. A Decade After Mars and Other Chocolate Makers Vowed to Stop Rampant Deforestation, the Problem has Gotten Worse. Washington, D.C., United States Washington, D.C.: WP Company LLC d/b/a The Washington Post, 2019. https://libproxy.csun.edu/login?url=https://www.proquest.com/blogs-podcasts-websites/how-mars-inc-maker-m-amp-ms-vowed-make-chocolate/docview/2310155594/se-2.

Wikipedia. 2024. “Fairtrade International.” Wikipedia The Free Encyclopedia. https://en.wikipedia.org/wiki/Fairtrade_International.

[surbhijamdade]

Ethylene Market Analysis Report: Size, Share, and Trends Forecast for the Next Period

Ethylene Market Strategies: Taking Advantage of Trends to Drive Growth in 2032

The Ethylene Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.

Employing various analytical techniques such as SWOT analysis, Porter’s Five Forces analysis, and feasibility studies, the report offers a thorough understanding of competitive dynamics, the risk of substitutes and new entrants, and identifies strengths, challenges, and business opportunities. This detailed assessment covers current patterns, driving factors, limitations, emerging developments, and high-growth areas, aiding stakeholders in making informed strategic decisions based on both current and future market trends. Additionally, the report includes an examination of the Automatic Rising Arm Barriers sector and its key opportunities.

According to Straits Research, the global Ethylene Market market size was valued at USD 189.38 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 301.43 Billion by 2031, growing at a CAGR of 5.3% during the forecast period (2023–2031).

Get Free Request Sample Report @ https://straitsresearch.com/report/ethylene-market/request-sample

TOP Key Industry Players of the Ethylene Market

SABIC

The Dow Company

Exxon Mobil Corporation

Royal Dutch Shell

China Petroleum & Chemical Corporation

Chevron Phillips Chemical Company

Total SA

LyondellBasell Industries Holdings BV

China National Petroleum Corporation

Repsol

BASF SE

Westlake Chemical Corporation

Sasol

Mitsubishi Chemical Corporation

Nova Chemicals Corporation.

Global Ethylene Market: Segmentation

As a result of the Ethylene market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts. 

By End-User

Automotive

Packaging

Healthcare

Textile

Agrochemical

Building & construction

By Application

Polyethylene (PE)

Polyethylene terephthalate (PET)

Polyvinyl chloride (PVC)

Polystyrene (PS)

Fibers & other organic chemicals

By Raw-Material

Naphtha

Natural gas

Browse Full Report and TOC @ https://straitsresearch.com/report/ethylene-market/request-sample

Reasons for Buying This Report:

Provides an analysis of the evolving competitive landscape of the Automatic Rising Arm Barriers market.

Offers analytical insights and strategic planning guidance to support informed business decisions.

Highlights key market dynamics, including drivers, restraints, emerging trends, developments, and opportunities.

Includes market estimates by region and profiles of various industry stakeholders.

Aids in understanding critical market segments.

Delivers extensive data on trends that could impact market growth.

Research Methodology:

Utilizes a robust methodology involving data triangulation with top-down and bottom-up approaches.

Validates market estimates through primary research with key stakeholders.

Estimates market size and forecasts for different segments at global, regional, and country levels using reliable published sources and stakeholder interviews.

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

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