High ecological and health concerns combined with the latest scientific developments fuel the global herbicides industry’s growth toward new dimensions in terms of new, safe, and effective products.Globally, the industry experienced a good growth during the last five years and is expected to achieve an estimated $31.12 billion by 2017 with a CAGR of 4.6%. Lucintel’s analysis reveals that the herbicides industry is highly dependent upon such factors as crop yield, price realization from crops, etc.
Lucintel, a leading global management consulting and market research firm, has analyzed the global herbicides industry and offers its findings in its comprehensive research report, “Global Herbicides Industry 2012-2017:Trend, Profit, and Forecast Analysis.”
The report focuses on North America, Europe, Asia Pacific, and Rest of World. North America, being the highest growth provider, dominates the past five years, the present, and expectedly the next five years.
Lucintel’s report highlights key growth hurdles such as environmental laws, government regulations, and high inventory; whereas the industry possesses growth boosters in the form of increasing demand for food grain production and shrinking of arable land in recent years.
Increasing population accelerated demand for food self-sufficiency which accounts for the growing horticulture and floriculture industries. Herbicides are used to get rid of unwanted plants, leaving the desired crops unharmed. Companies have started investing in R&D to create innovative products that adhere to government regulations and produce better results.
This Lucintel research report provides valuable insights into recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter’s Five Forces Analysis, hazards, and the profitability analysis of the major industry players.
The data and analysis found in this report can be utilized for a variety of functional business reasons, including business development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global herbicides industry. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
• Industry size estimates in terms of (US $) value by regions
• Global herbicides industry annual trend (2006-2011) and forecast (2012-2017)
• Porter’s Five Force analysis
• New product launch and merger and acquisition activity in global herbicides industry
• Quarterly demand trend (Q1 2010-Q4 2011)and forecast analysis (Q1 2012 – Q4 2012) for global herbicides industry
• Gross and net profit trends in the global herbicides industry
• Cost structure trend in the global as well as regional herbicides industry
• More than 43 valuable figures and charts and nine tables are provided in this report
To read report in detail : Global Herbicides Industry 2012-2017: Trend, Profit, and Forecast Analysis