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Fruits And Vegetables Crop Protection Market

Tree Fruits

Updated on Sep 4, 2019

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Recent Developments

The German agrochemical company BASF has signed an agreement to acquire Bayer's businesses and asset which include fruit and vegetable crop protection, R&D for hybrid wheat, seed treatment and digital farming platform Xarvio. BASF has agreed to acquire additional business assets for is €1.7 billion, subjected to some adjustments. For the year 2017, the sales of these businesses are amounted to €745 million. With the acquisition, BASF will become even much better partner for farmers by strengthening the company’s crop protection portfolio and entering the seeds business in agricultural markets. More than 1,800 R&D, commercial, breeding and production workforces shall be transferred from Bayer to BASF. The employees are located in the Germany, United States, Canada, Brazil and Belgium. BASF will also be acquiring the sites manufacturing of Glufosinate-ammonium production and formulation in United States, Germany and Canada with seed breeding facilities as well as research facilities in the United States and Europe.

BASF is a Germany based agro chemical company which combines environmental protection with economic success and social responsibility. The approximately 114,000 workforces in the BASF Group are contributing for the customers in nearly all sectors and almost every country worldwide. The company’s portfolio is organized into five segments: Performance Products, Chemicals, Agricultural Solutions, Functional Materials & Solutions and Oil & Gas. BASF had generated about €58 billion sales in 2016.

To know more, read: https://marketdataforecast.com/market-reports/fruits-and-vegetables-crop-protection-market

Market Segmentations

Market Data Forecast published a report named The Global Fruits and Vegetables Crop Protection Market was worth USD xx billion in 2019 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2024.

Report segmented as:

Distribution channel:

Supermarket

Convenience stores 

Online sales

Retail stores

Product:

Herbicides

 Fungicides

 Insecticides 

Based on distribution channel, Supermarkets lead the distribution channel segment in the market followed by the online sales. Under product, Fungicides were the largest segment among products and this trend will continue up to 2022.

Geographical Segmentation:

Based on geography, the global fruit powders industry can be segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. Asia-Pacific followed by the Latin America has the largest market in terms of revenue due to presence of large arable land, presence of large population and gaining prominence towards vegetarianism, growing health awareness and presence of emerging economies like China and India. While North America and Europe would lag behind in this market because they are yet to adopt full-fledged vegetarian diets to a large extent. But presence of large pesticide manufacturing companies in this area resulting for the fastest growing market.

Key market players:

Bayer Crop Science

 Adama Agricultural Solutions

 DuPont

 BASF SE

 Dow Agro Sciences

View sample and decide:

https://marketdataforecast.com/market-reports/fruits-and-vegetables-crop-protection-market/request-sample

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Organization: Market Data Forecast™
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