Global Agricultural Inputs Market Size By Type (Fertilizers, Seeds, Pesticides, Plant Growth Regulators, Soil Conditioners), By Application (Big Enterprise, Farmers, Retailers, Research Institutions), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Agricultural Inputs Market Size By Type (Fertilizers, Seeds, Pesticides, Plant Growth Regulators, Soil Conditioners), By Application (Big Enterprise, Farmers, Retailers, Research Institutions), By Geographic Scope And Forecast
Agricultural Inputs Market Size And Forecast
Agricultural Inputs Market size is valued at USD 17798.76 Million in the year 2024 and it is expected to reach USD 35896.59 Million in 2031 at a CAGR of 10.11% from 2024 to 2031.
The agricultural inputs sector is motivated by the need to fulfill the needs of an expanding population, assure food security, solve climate concerns, promote sustainability, and capitalize on biotechnology advances. The ongoing evolution of agricultural supplies will continue to be critical in enabling farmers to fulfill global food demands while sustainably managing the planet’s resources. The Global Agricultural Inputs Market report delivers a holistic evaluation. The report thoroughly analyzes key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.
Global Agricultural Inputs Market Definition
Agricultural inputs include a wide range of critical resources, goods, and services needed in crop and animal cultivation and production. These inputs are essential in contemporary agriculture, helping to boost production, crop quality, and overall agricultural efficiency. Seeds, fertilizers, insecticides, farm machinery, agrochemicals, irrigation systems, and veterinary medicines are all part of the agricultural inputs business.
Seeds are essential agricultural inputs that provide the basis for crop production. They have made significant progress in recent years due to the creation of genetically modified organisms (GMOs) and hybrid types suited to specific environmental circumstances and desirable features.
Fertilizers supply essential nutrients such as phosphorus, nitrogen, and potassium, which improve soil fertility and promote healthy plant development. They are available in various forms, comprising organic, inorganic, and liquid fertilizers.
Pesticides and agrochemicals defend crops against pests, illnesses, and weeds, preserving yields and guaranteeing food security. Nevertheless, an increasing emphasis is on environmentally friendly and sustainable options to lessen environmental problems.
Farm machinery, including tractors, harvesters, and irrigation systems, allow for more efficient and mechanized agricultural practices, lowering labor needs and increasing production. Veterinary goods are used in livestock production to guarantee animal health and welfare by giving vaccinations, medications, and nutrition supplements.
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Global Agricultural Inputs Market Overview
As the world’s population grows, so does the need for food, feed, and fiber, putting tremendous pressure on agricultural operations to improve production and efficiency. Agricultural inputs are critical in satisfying this need because they provide farmers with the tools and technology to maximize crop yields and livestock output.
Another important driving factor is the desire to ensure food security and prevent food waste. As the world’s population grows, there is a growing emphasis on raising agricultural output to avoid food shortages and alleviate hunger. Improved seeds, fertilizers, and insecticides allow farmers to grow more food in less area, lowering the danger of food scarcity and waste.
Climate change and shifting weather patterns influence the agricultural inputs business. Farmers have problems controlling agricultural and livestock output as unexpected weather occurrences become more common. Climate-resilient seeds and new agricultural technology assist farmers in adapting to changing conditions and minimizing the effect of severe weather on agricultural production.
Sustainable agriculture practices are also driving the agricultural inputs business. Consumers, governments, and corporations increasingly worry about environmental sustainability and seek agricultural inputs that support environmentally friendly and socially acceptable farming techniques. Organic fertilizers, biopesticides, precision farming technology, and water-saving irrigation techniques are instances of sustainable agricultural inputs.
Furthermore, biotechnology and genetic engineering developments have accelerated the production of genetically engineered seeds and commodities. These novel agricultural inputs include characteristics such as insect resistance, drought tolerance, and higher nutritional value, assisting farmers in improving crop resilience and output potential.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Agricultural Inputs market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Global Agricultural Inputs Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Agricultural Inputs Market Segmentation Analysis
The Global Agricultural Inputs Market is Segmented on the Basis of Type, Application, And Geography.
Agricultural Inputs Market, By Type
Fertilizers
Seeds
Pesticides
Plant Growth Regulators
Soil Conditioners
Farm Equipment
Based on the Type, the market is segmented into R Fertilizers, Seeds, Pesticides, Plant Growth Regulators, Soil Conditioners, and Farm Equipment. The Pesticides segment held a significant market share in the Agricultural Inputs market in 2021. Farmers continue to seek effective ways to safeguard their crops from pests, diseases, and weeds, which drives up demand for agricultural inputs, notably pesticides. Pesticides are important in crop yield protection and food security by suppressing dangerous organisms that endanger agricultural output. With a growing worldwide population and increased pressure to increase agricultural production, pesticides are projected to remain a crucial component of current farming practices.
Agricultural Inputs Market, By Application
Big Enterprise
Farmers
Retailers
Research Institutions
Based on the Application, the market is segmented into Big enterprises, Farmers, Retailers, and Research Institutions. The Farmers segment held a significant market share in the Agricultural Inputs market in 2021. Farmers have a high demand for agricultural inputs since they rely on them to maximize crop and livestock output. Farmers need seeds, fertilizers, herbicides, and agricultural gear to boost yields and efficiency in their fields. Farmers rely on these inputs to increase production, minimize pest and disease risks, and ultimately maintain a stable and sustainable food supply to satisfy the demands of an increasing global population.
Agricultural Inputs Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Based on the Regional Analysis, the global Agricultural Inputs market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific region hold a significant marketplace in 2021. Because of its extensive and diversified agricultural industry, the Asia Pacific area has a high need for farming inputs. With this region home to a sizable amount of the world’s population, there is a rising need to increase food production. Farmers in Asia Pacific nations rely extensively on agricultural inputs, including seeds, fertilizers, and pesticides, to increase crop yields, use modern farming practices, and meet the issues of feeding an expanding population.
Key Players
The “Global Agricultural Inputs Market” study report will provide valuable insight with an emphasis on the global market including some of the major players of the industry are Bayer Crop Science, BASF, Syngenta, Corteva Agriscience, Nutrien, Yara International, The Mosaic Company, Dow AgroSciences, UPL Limited, FMC Corporation, Sumitomo Chemical, K+S Group, ICL Group, Nufarm Limited, ADAMA Ltd. Among others.
Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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