Vegetable Gardening Chemicals Market - Forecast(2023 - 2028)

Report Code: CMR 0844 Report Format: PDF + Excel
Vegetable Gardening Chemicals Market Overview
Vegetable Gardening Chemicals Market size is forecast to reach $25 billion by 2025 after growing at a CAGR of 4.5% during 2020-2025. Growing population, decreasing arable land, food security, and the need for increased agricultural productivity are the major factors driving demand for higher agricultural output, thereby increasing global growth in the vegetable gardening chemicals industry.

Report Coverage 
The report: “Vegetable Gardening Chemicals Market- Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Vegetable Gardening Chemicals industry.
By Type: Organic and Non-Organic. 
By Chemical: Herbicides (Glyphosate, Paraquate, Oxyfluorfen, Chlorthal-dimetil (DCPA), Trifluralin and Others), Fungicides (Triazoles, Chloronitriles, Phenylamides, Microbial and Others), Insecticides (Organophosphates, Pyrethroids, Carbamates, Bio-Insecticides, and Others), and Others. 
By Geography: North America, South America, Europe, APAC, and RoW.

Key Takeaways
  • Asia-pacific dominates the Vegetable Gardening Chemicals market owing to high production of vegetable in region.
  • The market is highly fragmented, with the industry dominated by a few players across various geographic regions.
  • Increasing R&D cost, low per capita use of crop protection chemicals in several developing economies and ban in pesticides acts as retraining factor.

By Type– Segment Analysis
Organic segment held the largest share in the Vegetable Gardening Chemicals market in 2019. Organically cultivating vegetables is a long-term method that takes place in stages, rather than a single processing activity that is implemented in one growing season. A transition from traditional to organic gardening requires the introduction of organic production techniques. In this transition the first step is to improve and maintain soil fertility or soil quality. Organic vegetable gardening encourages and improves on the field, as a part of organic farming, natural diversity, and biological cycles. Instead of relying on synthetic fertilizers and pesticides, organic gardening is based on a self-sufficient and sustainable gardening. Organic vegetable gardening is based on minimal use of off-farm inputs and on management practices that restore, maintain, or enhance ecological harmony.

By Chemical– Segment Analysis
Herbicides segment held the largest share in the Vegetable Gardening Chemicals market in 2019. Herbicides which are pesticides designed to kill weeds. Herbicides can be used on a wide variety of vegetables. Depending on the crop and can be applied before or after vegetable seedling emergence. They are most effective when sprayed on emerging weeds. Herbicides perform differently as their incorporation is affected by water and crop selectivity can thus be substantially reduced. Although herbicides play an important role in a highly mechanized, open-air, comprehensive horticulture, hand weeding is a common practice in growing vegetables, even after herbicide treatment. Broadleaf weeds cause major problems in vegetables because grass weeds are managed much better in rotation or they can be successfully eliminated with the use of selective foliar-applied herbicides.

Geography - Segment Analysis
Asia-Pacific (APAC) dominated the Vegetable Gardening Chemicals market growing at CAGR of 40% followed by North America and Europe. Micro and Macro nutrients are necessary for the growth and development of plant as they are a vital component in many life stages of a plant. Owing to infertility of the soil or poor retention or improper maintenance plants do not get sufficient. Vegetable chemicals make sure that these essential nutrients are supplied to the plant thereby ensuring the health of plant and increasing crop yield. The factors such as high demand and cost of basic agrochemicals like pesticides and herbicides, increasing popularity for organic vegetables. Japan is a significant market for crop protection chemicals for fruits and vegetables. Compared to any other country in the world, the nation has the highest use of pesticides per hectare, at around 12 kg per hectare. Synthetic pesticides have been extensively used in India to alleviate the estimated 45 per cent gross crop loss due to pest and disease infestation. Important factors driving the Indian market include increased demand for food grains, limited arable land availability, as well as increased exports, growth in horticulture and floriculture. Currently the gardening chemicals industry has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. In in turn has affected the demand and supply chain as well which has been restricting the growth in year 2020.

Drivers –Vegetable Gardening Chemicals market
  • Rise in demand for horticulture crops to feed the population of fast-growing economies. 
According to the population projection by the UN the total world population could reach 9.15 billion in 2050, which would require a 70% overall increase in food production, from which the production in developing countries would have to be doubled. Therefore, there increased demand for agricultural production along with the need for preserving the soil fertility and water resources to be able to feed the growing population while keeping up with the diet changes and nutritional requirements.

Challenges – Vegetable Gardening Chemicals market
  • High Cost and Regulatory Hurdles can restrict the market growth. 
Herbicide manufacturers face numerous challenges while creating new herbicide groups. The high cost associated in the production is one of the major factors restricting the growth. Most of the cost will come during the process of regulating. The evaluation and approval process of the Environmental Protection Agency (EPA) must be completed before a new herbicide is placed on the market.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Vegetable Gardening Chemicals market. In 2019 the Vegetable Gardening Chemicals market has been consolidated by the top five players accounting for xx% of the share. Major players in the Vegetable Gardening Chemicals market rare BASF SE, Bayer Cropscience AG, Corteva Agriscience, Sygenta International AG, Adama Agriculture Solutions Ltd., and Others.

Acquisitions/Technology Launches/ Product Launches
  • In 2018, BASF SE, launched 20 new agricultural chemical protection products in India, a fifth of the total 100 such products it has lined up for rolling out in Asia-Pacific region in the next five years. The company launched Sefina, which protects cotton and vegetables crops from sucking insects.
1. Vegetable Gardening Chemicals Market - Market Overview
    1.1 Definition and Scope
2. Vegetable Gardening Chemicals Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Chemical
    2.4 Key trends by Geography 
3. Vegetable Gardening Chemicals Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis - Top Companies
        3.1.2 Product Benchmarking - Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Vegetable Gardening Chemicals Market - Startup companies Scenario Premium Premium 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Vegetable Gardening Chemicals Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis – Top 10 companies Investment
6. Vegetable Gardening Chemicals Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Vegetable Gardening Chemical Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product Life Cycle
    7.4 Supplier and Distributor Analysis
8. Vegetable Gardening Chemicals Market – By Type (Market Size -$Million)
    8.1 Organic 
    8.2 Non-Organic
9. Vegetable Gardening Chemicals Market – By Chemical (Market Size -$Million)
    9.1 Herbicides
        9.1.1 Glyphosate
        9.1.2 Paraquate
        9.1.3 Oxyfluorfen
        9.1.4 Chlorthal-dimetil (DCPA)
        9.1.5 Trifluralin
        9.1.6 Others
    9.2 Fungicides
        9.2.1 Triazoles
        9.2.2 Chloronitriles
        9.2.3 Phenylamides
        9.2.4 Microbial
        9.2.5 Others
    9.3 Insecticides
        9.3.1 Organophosphates
        9.3.2 Pyrethroids
        9.3.3 Carbamates
        9.3.4 Bio-Insecticides
        9.3.5 Others
    9.4 Others
10. Vegetable Gardening Chemicals Market - By Geography (Market Size -$Million)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.1.4 Chile
        10.1.5 Rest of South America
    10.3 Europe
        10.3.1 UK
        10.3.2 Germany
        10.3.3 France
        10.3.4 Italy
        10.3.5 Netherland
        10.3.6 Spain
        10.3.7 Russia
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia-Pacific
        10.4.1 China
        10.4.2 Japan
        10.4.3 India
        10.4.4 South Korea
        10.4.5 Australia and New Zealand
        10.4.6 Rest of APAC
    10.5 Rest of the World
        10.5.1 Middle East
   Saudi Arabia
   Rest of the Middle East
        10.5.2 Africa
   South Africa
   Rest of Africa
11. Vegetable Gardening Chemicals Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Vegetable Gardening Chemicals Market – Industry/Segment Competition Landscape Premium 
    12.1 Market Share Analysis
        12.1.1 Market Share by Country- Top companies
        12.1.2 Market Share by Region- Top companies
        12.1.3 Market Share by type of Application - Top companies
        12.1.4 Market Share by type of Product / Product category- Top companies
        12.1.5 Market Share at global level - Top companies
        12.1.6 Best Practices for companies
13. Vegetable Gardening Chemicals Market - List of Key Companies by Country Premium 
14. Vegetable Gardening Chemicals Market Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
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