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(MoneyNewsWire.Net, August 01, 2017 ) According to the report Global Fertigation & Chemigation Market", published by Market Data Forecast, the global market is projected to reach USD 44.95 billion by 2021, at a CAGR of 6.35% from 2016 to 2021.
The Fertigation and Chemigation Market is showing huge potential in the mentioned forecast period. The market has continued to gain momentum with the high demand in most of the regions over the globe and also due to the intensive market opportunities. Many companies in the agricultural industry have started taking interest in the fertigation and chemigation market lately and the trend is expected to follow.
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Fertigation and Chemigation market has gained popularity due to the rising water scarcity, high crop productivity and less labour intensive. It actually involves various kinds of irrigation techniques like drip irrigation and sprinkler irrigation. Fertigation and Chemigation techniques are generally used to improve crop yield and have better quality of crop.
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The factors impacting the Global Market for Fertigation and Chemigation Market, either positively or negatively are presented in the DROC analysis. The ever rising population and their demand for better quantity and quality of crops has led to the market to show significant growth recently. Other key factors responsible in driving the market include high efficiency of nutrient utilization, minimal nutrient leaching losses, better growth, yield & quality of crops. Apart from these the market also faces some restraints as well. Some of the major ones include critical nutrient application doses and high initial investments. The market also faces a challenge of improving its efficiency. These few factors have hindered the growth of the market over the years.
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For granular level understanding the Fertigation and Chemigation Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
By Agri Input:
Introduction
Fertilizers
Insecticides
Fungicides
Herbicides
Others
Y-o-Y Growth Analysis, By Agri Input
Market Attractiveness Analysis, By Agri Input
Market Share Analysis, By Agri Input
By Crop Type:
Introduction
Field Crops
Plantation Crop
Orchard Crops
Forage & Turf Grasses
Y-o-Y Growth Analysis, By Crop Type
Market Attractiveness Analysis, By Crop Type
Market Share Analysis, By Crop Type
By Application:
Introduction
Agricultural Irrigation
Landscape Irrigation
Greenhouse Irrigation
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
By Irrigation Systems:
Introduction
Sprinkler Irrigation
Drip irrigation
Y-o-Y Growth Analysis, By Irrigation Systems
Market Attractiveness Analysis, By Irrigation Systems
Market Share Analysis, By Irrigation Systems
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On the basis of geographical analysis, the global market is segmented under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Fertigation & Chemigation market was dominated by Europe, with the overall market share of over 36% globally. Europe was followed by North America and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.
North America Fertigation and Chemigation Market
Europe Fertigation and Chemigation Market
Asia-Pacific Fertigation and Chemigation Market
Latin-America Fertigation and Chemigation Market
Middle east and Africa Fertigation and Chemigation Market
Some of the major companies dominating the market, by their products and services include The Toro Company, Jain Irrigation Systems Ltd., Lindsay Corporation, Valmont Industries Inc., Rain Bird Corporation, EPC Industrie Limited, Netafim, Nelson Irrigation Corporation, Rivulis Irrigation, T-L Irrigation Co.
The Global Fertigation and Chemigation Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
Segment-level analysis on basis of gri input, crop type, application and irrigation systems along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Agriculture Machinery Segment:
Drip Irrigation Systems Market: http://www.marketdataforecast.com/market-reports/global-drip-irrigation-system-market-1846/
Center Pivot Irrigation Systems market: http://www.marketdataforecast.com/market-reports/global-center-pivot-irrigation-systems-market-1761/
Greenhouse Irrigation Systems Market: http://www.marketdataforecast.com/market-reports/global-greenhouse-irrigation-systems-market-1811/
About Market Data Forecast:
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