Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

With 3.6% CAGR, Crop Protection Chemicals Market Size to Reach USD 84.41 billion by 2029

Published

on

<!– Name:DistributionId Value:8748745 –> <!– Name:EnableQuoteCarouselOnPnr Value:False –> <!– Name:IcbCode Value: –> <!– Name:CustomerId Value:1244655 –> <!– Name:HasMediaSnippet Value:false –> <!– Name:AnalyticsTrackingId Value:ca853df5-fb3d-402d-9344-7cbef881abfe –>

Luton, Bedfordshire, United Kingdom, Feb. 14, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Crop Protection Chemicals Market.

The Global Crop Protection Chemicals Market size was valued at USD 61.4 billion in 2022 and is projected to reach a value of USD 84.41 billion by 2029, growing at a CAGR of 3.6 % during the forecast period. The crop protection chemicals market refers to the market for chemicals used to protect crops from pests, diseases, and other harmful agents. The market is driven by the increasing demand for food and the need to enhance crop yield and quality. The use of crop protection chemicals is increasing due to the rise in population, increasing awareness of food safety, and technological advancements in agriculture. Key players in the market include Bayer, Syngenta, Dow Chemical, and Monsanto. The market is segmented based on type, application, and geography.

Key Industry Developments:

  • In January 2020, Crystal Crop Protection Ltd acquired three insecticide brands, Dursban, Nurelle-D, and Predator, from Corteva Agriscience. This acquisition will be a valuable addition to the company’s business and strengthen its market presence.
  • In May 2019, BASF launched an innovative fungicide, ‘Seltima,’ for rice crop protection in Thailand. The product contains unique encapsulation technology to ensure the controlled release of the active ingredient directly on the plant surface

Get Sample PDF Brochure – Global Analysis with Strategic Developments @

https://exactitudeconsultancy.com/reports/12042/crop-protection-chemicals-market/#request-a-sample

Report Coverage Details
Forecast Period 2023 to 2029
Forecast Period 2022 to 2029 CAGR 3.6%
2029 Value Projection USD 84.41 Billion
Base Year 2022
Crop Protection Chemicals Market Size in 2022 USD 61.4 Billion
Historical Data for 2018-2022
Segments covered By Type, Origin, Form, Crop type, Application, Region
 

Crop Protection Chemicals Market Growth Drivers

Growing Adoption of Integrated Pest Management to Enhance Yields
Increasing Utilization of Crop Protection Solutions for High Yield to Fuel Growth
Environmental impact resulting in changes in regulatory policies

Drivers & Restraint

Increasing food security needs due to population growth

According to the International Food Policy Institute about 690 million people worldwide went hungry in 2019, up 10 million from 2018. The COVID-19 pandemic could push an additional 83 million to 132 million into chronic hunger in 2020. According to the State of World Food Security and Nutrition (SOFI) Report 2020, released July 13. The report contains the latest reliable estimates of global hunger, malnutrition and food insecurity.

The State of Food Security and Nutrition in the World (SOFI) 2020 estimates that if these trends continue and the world fails to meet the 2025 and 2029 targets to end malnutrition, there will be 8 We predict that 41.4 million people will go hungry. According to FAO’s chief economist, he attributed these alarming consequences to the affordability of healthy diets, and his 3 billion people worldwide lack the means and access to proper nutrition. I pointed out that To transform the food system to reduce these costs, policy makers must consider both supply and demand. Policies should improve the efficiency of food supply chains and support the production of nutritious foods. At the same time, expanding social safety nets and policies that encourage behavior change can promote healthier diets.

People are considered food secure when they have access to safe, nutritious and sufficient food at all times to live a healthy life. With continued population growth and limited arable land to meet growing food demands, people are becoming less food insecure. Global food production must increase to meet future food needs. In such scenarios, the use of pesticides is inevitable. This situation is driving the growth of the Crop Protection Chemicals Market.

Pesticide residue problems

Pesticides are of greater concern due to their persistence, toxicity, bioaccumulation, lipophilicity, and adverse human health effects due to residue issues. These pesticides enter the human body through consumption of contaminated fruits and vegetables. Some of the major health effects associated with pesticide residues include cancer, birth defects, neurological disorders, endocrine disruptors, and reproductive effects. The effectiveness of pesticides is determined by exposure time and pesticide toxicity. Effects that may be caused are either acute or chronic. Potential health risks associated with the use of pesticides require continuous monitoring of growing fruits and vegetables.

Pesticides such as glyphosate, difenoconazole, imidacloprid, and bifenthrin are common pesticides found in fruits and vegetables that reach the consumer market.

Companies Profiled in Crop Protection Chemicals Market Report:

  • BASF
  • Syngenta
  • Bayer Crop Science
  • Corteva
  • PI Industries
  • Cheminova
  • Hansen
  • Nanjing red sun co. ltd
  • Kumiai Chemicals
  • Wynca Chemicals
  • Sampan Oxon etc

Browse Complete Premium Report:

https://exactitudeconsultancy.com/reports/12042/crop-protection-chemicals-market/

Market Analysis

The crop protection chemicals market is projected to register a CAGR of 3.6% during the forecast period.

Crop protection products are used to reduce crop losses from pests and disease and to maintain healthy crops. These are mainly classified as pesticides, pesticides and herbicides and are formed from both synthetic and biological compounds. Numerous insecticides are currently available to prevent crop damage from pests such as bacteria, rodents, insects and birds. For example, according to the Royal Society of Chemistry, around 800 chemically active compounds are approved for crop protection treatments worldwide.

The chemical pesticide industry has changed over the years due to strong growth and changing crop mix trends and environmental regulations. In the long term, population growth, arable land loss, food security and the need for increased agricultural productivity are the main factors driving the demand for increased agricultural production, thereby increasing crop protection around the world. Industry growth is encouraged. Moreover, increasing organic farming across the globe is expected to drive the bio-based agrochemicals market during the forecast period, which is a major factor restraining market growth.

Key Market Segments: Crop Protection Chemicals Market

By Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Bactericides

By Origin

  • Synthetic
  • Biopesticides

By Form

  • Liquid
  • Solid

By Crop Type

  • Cereals and Grains
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Other Crops

By Application

  • Foliar Seed Treatment
  • Soil Treatment

By Region

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Browse More Chemicals & Materials Market Reports by Exactitude Consultancy

Aramid Fiber Market

The global aramid fiber market is projected to reach USD 6.84 billion by 2029 from USD 3.10 billion in 2020, at a CAGR of 9.2% from 2022 to 2029.

Aromatic Polyamide Market

The global aromatic polyamide market size is estimated to be valued at USD 3.7 billion in 2022 and is projected to reach USD 5.88 billion by 2029, recording a CAGR of 5.3%.

Aromatic Polyamine Market

The global Aromatic Polyamine market is expected to grow at 4.5 % CAGR from 2022 to 2029. It is expected to reach above USD 1.42 billion by 2029 from USD 1 billion in 2021.

Artificial Photosynthesis Market

The global artificial photosynthesis market is projected to reach USD 95.46 billion by 2029 from USD 47.35 billion in 2022, at a CAGR of 13.5% from 2023 to 2029.

Industrial Wood Exterior Coatings Market

Asia Pacific Industrial Wood Exterior Coatings Market is expected to grow at 7.7% CAGR from 2015 to 2027. It is expected to reach above USD 2.9 billion by 2028 from USD 1.2 billion in 2020.

About Exactitude Consultancy

Exactitude Consultancy is a market research &amp; consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

Contact us for your special interest research needs at [email protected] and we will get in touch with you within 24hrs and help you find the market research report you need.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Wirex Executive Joins CryptoUK’s New Policy Committee

Published

on

wirex-executive-joins-cryptouk’s-new-policy-committee

LONDON, May 21, 2024 /PRNewswire/ — Wirex, a leading Web3 money app, is proud to announce that Chet Shah, Global Chief Risk & Compliance Officer at Wirex, has joined CryptoUK’s newly established Policy Committee.

CryptoUK, the premier trade body representing the UK’s digital asset sector, formed its new Policy Committee which brings together industry-leading experts from the legal, regulatory, and compliance sectors. The committee’s mission is to provide strategic policy guidance, advocate for regulatory clarity, and foster innovation to support the growth of the UK’s digital assets industry.
This appointment underscores Wirex’s commitment to advancing regulatory clarity and innovation in the digital asset sector.
Chet brings a wealth of experience in risk and compliance. His background covers banking, auditing, and traditional finance, as well as solid expertise in the cryptocurrency space. At Wirex, Chet has been crucial in building and improving relationships with global regulators, including the Financial Conduct Authority, and authorities in countries including Singapore, Croatia, and Italy.
Chet’s approach prioritises commercially focused compliance and risk management, ensuring that Wirex operates smoothly at the intersection of traditional finance and Web3. His ability to balance regulatory requirements with innovation has been key to Wirex’s growth and success.
Commenting on his appointment, Chet said, “My experience aligns perfectly with the committee’s goals and together, we can advocate for policies that balance regulation with growth in the digital assets space.”
About Wirex 
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management.
Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
| wirexapp.com |
Photo: https://mma.prnewswire.com/media/2417875/Chet_Shah.jpgLogo: https://mma.prnewswire.com/media/2286023/4717325/Wirex_logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/wirex-executive-joins-cryptouks-new-policy-committee-302151185.html

Continue Reading

Artificial Intelligence

Media Production Company Egg Is Coming Chooses Infortrend SAN Storage to Empower Content Creation Workflows

Published

on

media-production-company-egg-is-coming-chooses-infortrend-san-storage-to-empower-content-creation-workflows

TAIPEI, May 21, 2024 /PRNewswire/ — Infortrend® Technology, Inc. (TWSE: 2495), the industry-leading enterprise storage provider, today announced that Korean media production company Egg is coming is leveraging Infortrend’s storage solution for M&E – EonStor DS enterprise SAN storage to empower content creation workflows and store the growing volume of UHD videos they produce.

Egg is coming is a media content production company operating as a spin-off from the South Korean entertainment giant CJ ENM Entertainment Division, the distributor of Oscar-winning movie “Parasite”. With the renowned producer Lee Myung-han as its CEO, Egg is coming specializes in production of popular entertainment content, including drama series, broadcast programs, music videos, etc. The team has successfully produced numerous renowned series, including “Hospital Playlist” which became the ninth highest-rated Korean drama in cable television history at the time.
As the company was established, they started looking for a high-speed shared storage solution. Infortrend’s EonStor DS SAN storage came highly recommended by a major media company that has been successfully using it with Tiger Technology’s SAN file sharing solution. Trusting this recommendation, Egg is coming adopted EonStor DS for video editing application. In total, four DS 4016 appliances, expanded with four units of JB 3060L expansion enclosure, were chosen for the initial deployment of the studio’s storage system. The solution provides 1.8 PB total capacity to store ever-expanding UHD video content and enables seamless workflows for 29 simultaneous post-production processes.
“Infortrend’s SAN storage EonStor DS was recommended to us by a major media production company, and we are happy that we adopted the same solution as DS enables fast and comfortable collaboration between 29 video editors,” – said Changmin Sim, the Team Leader of the Video Editing Team at Egg is coming.
Learn more about EonStor DS
About Infortrend
Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more information, please visit www.infortrend.com
Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc.; other trademarks are the property of their respective owners.

View original content:https://www.prnewswire.co.uk/news-releases/media-production-company-egg-is-coming-chooses-infortrend-san-storage-to-empower-content-creation-workflows-302148602.html

Continue Reading

Artificial Intelligence

Gcore And Xsolla Announce Partnership To Drive Global Game Distribution And Faster Downloads

Published

on

gcore-and-xsolla-announce-partnership-to-drive-global-game-distribution-and-faster-downloads

Gcore’s edge network to deliver Xsolla Launcher, ensuring global reach, smoother game downloads and higher conversion rates

LUXEMBOURG, May 21, 2024 May 21, 2024 — Gcore, the global edge AI, cloud, network, and security solutions provider, announced its partnership with video game commerce company Xsolla. The alliance will enable Xsolla to provide game developers and publishers with new global distribution channels catering to gamers worldwide, regardless of their locations. With Gcore’s 180 global points of presence (PoPs), players will benefit from reduced time-to-play and smoother, more efficient game downloads.
Xsolla Launcher is a powerful tool for game development companies of all sizes to widen distribution and easily build communities. It streamlines game installation, enhances player communication, and boosts monetization, allowing developers to concentrate on creativity and business logic. By leveraging Gcore’s robust CDN, Xsolla Launcher ensures seamless, speedy game downloads for all players by efficiently fetching and caching game components and initiating rapid downloads upon player request.
“At Xsolla, we’re committed to elevating the gaming experience for developers and players globally,” said David Stelzer, President of Xsolla. “Our collaboration with Gcore’s cutting-edge CDN technology significantly narrows the gap between the game and its players by delivering assets at unparalleled speed. This integration into our new Xsolla Launcher sets the bar for high-performance service and empowers our customers to focus on what they do best: create captivating games.”
Xsolla engineers chose Gcore CDN for its global network of 180+ edge servers, ensuring uninterrupted delivery of game assets worldwide. With a network capacity exceeding 110 Tbps and connectivity to 14,000 peering partners, Gcore averts congestion and disruptions, even during major releases. Operating under strict security measures and meticulous server maintenance, Gcore guarantees exceptional availability. Additionally, Gcore’s CDN integration with its proprietary DNS services further minimizes the risk of service interruptions or outages.
“We’re thrilled to be part of Xsolla’s pioneering solution, driving the gaming industry forward,” commented Ilya Matveev, Business Development Director at Gcore. “Xsolla Launcher brings flexibility to the industry, allowing companies to implement a D2C approach – a way to monetize their existing game fan base without the burden of platform fees. Relying on the power of Gcore’s edge infrastructure, Xsolla Launcher is revolutionizing game distribution by eliminating market barriers, reducing development costs, and fostering creativity.”
Read more about the partnership via this link.
About Gcore
Gcore is a global edge AI, cloud, network, and security solutions provider. Headquartered in Luxembourg, with a staff of 600 operating from ten offices worldwide, Gcore provides solutions to global leaders in numerous industries. Gcore manages its global IT infrastructure across six continents, with one of the best network performances in Europe, Africa, and LATAM due to the average response time of 30 ms worldwide. Gcore’s network consists of 180 points of presence worldwide in reliable Tier IV and Tier III data centers, with a total capacity exceeding 110 Tbps.Website | Twitter | Facebook | LinkedIn
About Xsolla 
Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Beijing, Guangzhou, Seoul, Tokyo, Kuala Lumpur, Raleigh, and cities around the world, Xsolla supports major gaming titles like Valve, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.
Website | Twitter | Facebook | LinkedIn
Photo – https://mma.prnewswire.com/media/2416941/Gcore_and_Xsolla.jpgLogo – https://mma.prnewswire.com/media/2365207/GCORE_NEW_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/gcore-and-xsolla-announce-partnership-to-drive-global-game-distribution-and-faster-downloads-302150220.html

Continue Reading

Trending