The Pesticides Market in Cereals & Grains is estimated to reach $ 20696.5 million by 2018 - New Report by MicroMarket Monitor
(PRWEB) October 14, 2014 -- The Pesticides Market in Cereals & Grains report defines and segments the pesticides market in cereals and grains, with analysis and forecast of revenue. The Pesticides market in Cereals & Grains is estimated to grow from $ 16339.4 million in 2013 to $ 20696.5 million by 2018, at a CAGR of 4.8% during the forecast period.
Browse through the TOC of the Pesticides Market in Cereals & Grains report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the pesticides market, and is supported by various tables and figures.
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Grains are one of the key segments for pesticides market, accounting for a major portion of the global market. This is mainly due to the high production of grains, such as wheat and rice as well as the growing demand for corn and other cereals, such as barley and oats. Corn is experiencing strong demand owing to its increasing use in animal feed and demand for renewable chemicals. Corn is also being extensively used for bio-fuel and biodegradable polymer production by companies, such as Nature Works LLC (U.S.). Rice is particularly grown in Asia and Latin America, which are net exporters to other regions. The usage of pesticides helps in effectively prohibiting the growth of weeds, plant diseases, and insects that develop on cereals and grains. In order to ensure supply of high quality cereals and grains, pesticide use becomes mandatory for their efficient production. This increases the demand of pesticide significantly, and drives the Pesticide market in Cereals & Grains application.
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The fastest growing market for use of Pesticides in Cereals & Grains is Latin America, growing at a CAGR of 5.8% during the forecast period.
This market is segmented and projected on the basis of regions, such as the North America, Europe, Asia-pacific, Latin America, and Rest of the World (Row).
Early buyers will receive 10% customization on this report.
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This report also includes the market share, and value chain analysis, with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market, including major companies which provide pesticides for cereals & grains.
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