Global Soil Treatment Market 2019-2023
About this market
Implementation of integrated pest management to gain traction. IPM is an effective and environmentally sensitive approach to pest management. It is useful for agricultural and non-agricultural applications such as home, garden, and workplace. Technavio’s analysts have predicted that the soil treatment market will register a CAGR of almost 9% by 2023.
Growing organic food market
Organic farming includes activities such as the cultivation of crop and livestock without the use of any crop or soil protection products including pesticides and insecticides.
Emergence of bio-tech seeds
Bio-tech seeds have qualities like resistance to pests and increased nutrition content, this affects the demand for the soil treatment market.
For the detailed list of factors that will drive and challenge the growth of the soil treatment market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including DowDuPont, and Syngenta the competitive environment is quite intense. Factors such as the implementation of integrated pest management and the growing organic food market, will provide considerable growth opportunities to soil treatment manufactures. AMVAC Chemical, Arkema, BASF, Bayer, DowDuPont, and Syngentaare some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Soil Treatment Market 2019-2023
Technavio recognizes the following companies as the key players in the global soil treatment market: AMVAC Chemical, Arkema, BASF, Bayer, DowDuPont, and Syngenta.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the implementation of integrated pest management.”
According to the report, one of the major drivers for this market is the growing organic food market.
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