Navi Mumbai, India (PressExposure) April 06, 2012 -- The report titled "Asia Crop Protection Industry Outlook to 2016 - The Next Hub for Agrochemical Sales" provides a comprehensive analysis of the various aspects such as market size of herbicides, fungicide, insecticides and bio-pesticides, micro-nutrients and adjuvant segments in Asia region and 3 major crop protection market of China, India and Japan. The report provides the market share of major players operating in the region along with the major companies' profiles. It further discusses the future potential and growth drivers along with challenges expected in the next 5 years up till 2016. http://www.bharatbook.com/market-research-reports/agricultural-products-market-research-report/asia-crop-protection-industry-outlook-to-2016-the-next-hub-for-agrochemical-sales.html
The crop protection industry in Asia has grown remarkably over the past few years due to the increasing population and government initiatives to support and increase the agricultural production to meet the requirement for food products in the region. The crop protection market in Asia has grown at a CAGR of 8.2% from USD ~ million in 2005 to USD ~ million in 2011.
The future of the crop protection industry in Asia is likely to achieve significant growth on account of higher population growth rate and appreciating agricultural commodity prices. Moreover, the rising standard of living and favorable government initiatives to support the agricultural production will present suitable grounds for crop protection products in the region. Market Report
China at present accounts for about ~% of the global production capacity. Currently there are around 60 licensed "imidacloprid- insecticides" manufacturers with production capacity of ~ tons annually of which ~ tons are being produced every year accounting for exactly ~% of the global total output of "imidacloprid- insecticides" However, the domestic demand is around ~ to ~ thousand tons a year and the rest ~ thousand tons are being exported to other nations across the globe.
The market in India has grown at a CAGR of 3.1% from the period FY'2006-FY'2011. The market in India is majorly tapped by the generic products, which contributes around ~% of the crop protection products sales in India. Indian crop protection market is dominated by the insecticides segment contributing around ~% of the total market in India in 2011. The segment is majorly dependent on the rice and cotton crops. The fungicides segment is second largest segment in the crop protection market in India.
The consumption of crop protection products in India has been majorly concentrated in the states such as Uttar Pradesh, Punjab, Maharashtra and Haryana which together consume around ~% of the total crop protection products available for domestic consumption in 2011. Uttar Pradesh is the largest consumer of crop protection chemicals due to larger agricultural area and higher agricultural production. Punjab is one of the largest agricultural states in India and consumes approximately ~ tons in 2011 followed by Maharashtra with consumption of ~ tons in 2011.
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Asia Crop Protection Industry Outlook to 2016 - The Next Hub for Agrochemical Sales
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