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Nematicides Market by Type (Chemical {Organophosphate, Carbamate, Fumigant}, Biological {Microbial [Bacillus Species]}, Biochemical), Form, Nematode Type (Root-knot, Cyst Nematodes), Mode of Application (Seed Treatment), Crop Type – Global Forecast to 2030

The Nematicides Market is projected to reach $3.58 billion by 2030, at a CAGR of 8.9% during the forecast period of 2023–2030. In terms of volume, the nematicides market is projected to reach 182,932.2 tons by 2030, at a CAGR of 8.5% during the forecast period of 2023–2030. The growth of this market is driven by the rising demand for organic foods, growing environmental concerns, and market players’ focus on product launches and acquisitions. However, the lack of awareness and low adoption of bionematicides and stringent and non-standardized regulations restrain the growth of this market. Moreover, emerging markets in Asia-Pacific and Latin America and the growing adoption of biological seed treatments are expected to generate growth opportunities for the players operating in this market. However, the limited availability of bionematicides is a challenge for market stakeholders. Additionally, the growing utilization of sustainable agricultural inputs is a major trend in the nematicides market.

Meticulous Research®—a leading global market research company, published a research report titled ‘Specialty Fertilizers Market by Type (Specialty NPK Fertilizers, Slow-release Fertilizers, Controlled-release Fertilizers), Form (Dry, Liquid), Mode of Application (Fertigation, Foliar), and Crop Type (Cereals & Grains, Fruits & Vegetables) – Global Forecast to 2030’.

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According to this latest publication from Meticulous Research®, the specialty fertilizers market is projected to reach $42.57 billion by 2030, at a CAGR of 8.9% from 2023 to 2030. The growth of the specialty fertilizers market is driven by the declining availability of arable land and the rising demand for food, growing environmental concerns, and favorable government policies and regulations. However, high production costs restrain the growth of the specialty fertilizers market.

The increasing adoption of precision farming technologies is expected to generate market growth opportunities. However, the lack of awareness among farmers is a challenge for the stakeholders in this market. Additionally, the increasing use of nanotechnology in agriculture is a key trend in this market.

Key Players

The specialty fertilizers market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the specialty fertilizers market are Nutrien Ltd. (Canada), Coromandel International Limited (India), Haifa Group (Israel), Yara International ASA (Norway), ICL Group Ltd. (Israel), EuroChem Group AG (Switzerland), Kingenta Ecological Engineering Group Co., Ltd (China), The Mosaic Company (U.S.), Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) (India), Sociedad Química y Minera de Chile S.A. (Chile), and Kugler Company (U.S.).
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The specialty fertilizers market is segmented by type (specialty NPK fertilizers, slow-release fertilizers {sulfur-coated urea, and other slow-release fertilizers}, controlled-release fertilizers, agricultural micronutrients, and other fertilizers), form (dry specialty fertilizers, and liquid specialty fertilizers), mode of application (fertigation, soil application, and foliar spray), crop type (cereals & grains {maize/corn, wheat, rice, and other cereals & grains}, fruits & vegetables, oilseeds & pulses, and other crops), and geography (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the regional and country-level markets.

Based on type, the specialty fertilizers market is mainly segmented into specialty NPK fertilizers, slow-release fertilizers, controlled-release fertilizers, agricultural micronutrients, and other fertilizers. In 2023, the specialty NPK fertilizers segment is expected to account for the largest share of the global specialty fertilizers market. The large market share of this segment is mainly attributed to factors such as the growing population and the need to improve crop yields and soil fertility, the increasing demand for balanced nutrient solutions in agriculture, and the rising adoption of precision farming techniques. Moreover, the rising focus of governments in various countries to promote specialty urea fertilizers, advancements in fertilizer manufacturing techniques, and rising companies' focus on the development of customized formulations are further expected to support the growth of this market across the globe.
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Based on form, the global specialty fertilizers market is segmented into dry specialty fertilizers and liquid specialty fertilizers. In 2023, the dry specialty fertilizers segment is expected to account for the largest share of the global specialty fertilizers market. The large market share of this segment is mainly attributed to the increasing adoption of controlled-release and slow-release fertilizers and the high efficacy and easier applicability of dry specialty fertilizers. Moreover, its cost-effectiveness, longer shelf life, ability to provide long-term release of nutrients, and high efficiency in all climatic conditions over its counterparts further support the growth of this market.

Based on application, the global specialty fertilizers market is segmented into fertigation, soil application, and foliar spray. The fertigation segment is expected to account for the largest share of the global specialty fertilizers market. The large market share of this segment is attributed to the high use of drip irrigation in crop production, increasing preference for drip irrigation, high availability of water-soluble and liquid fertilizers, rising automation in irrigation methods, and rising precision agricultural practices.

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Based on crop type, the specialty fertilizers market is mainly segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, and other crops. In 2023, the cereals & grains segment is expected to account for the larger share of the global specialty fertilizers market. The large market share of this segment is mainly attributed to factors such as the rising demand for food grains due to the growing population, high area under cereals and grains production such as wheat, maize, rice, and barley, and increasing industrial application of cereals and grains.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Europe (France, Germany, Spain, Italy, U.K., and Rest of Europe), North America (the U.S. and Canada), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa.

In 2023, Asia-Pacific is expected to account for the largest share of the global specialty fertilizers market. The large share of this market is mainly attributed to the presence of major specialty fertilizers suppliers in the region, a huge area under agriculture production, rising demand for high-yield crop products, and the growing support from various organizations & governments to enhance crop cultivation.

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Middle East & Africa Edible Insects Market by Product (Whole Insect, Insect Powder, Insect Meal), Insect Type (Crickets, Black Soldier Fly, Mealworms, Ants), Application (Animal Feed, Protein Bar & Shakes, Bakery, Confectionery), and Geography – Forecast to 2030

The Middle East & Africa Edible Insects Market is expected to reach $282.9 million by 2030, at a CAGR of 22.4% from 2023 to 2030. The growth of this market is attributed to several factors, including the high nutritional value of insects, the increasing greenhouse gas emissions from the livestock and poultry industries, the environmental benefits associated with consuming edible insects, the increasing utilization of insects in animal feeds by feed processors and farmers, and the low risk of transmitting zoonotic diseases through the consumption of edible insects. Moreover, the rising consumer demand for more sustainable food and feed products, along with government support for insect farming, offers significant growth opportunities for market players.

However, the absence of a standardized regulatory framework, psychological and ethical barriers to consuming insects as food, and the potential risk of allergies associated with insect consumption restrain the market’s growth. Additionally, the lack of awareness regarding the benefits of insect consumption remains a major challenge for the growth of this market.

Farm Management Software Market by Offerings (Software, Services), Application (Precision Farming, Aquaculture, Livestock Monitoring, Smart Greenhouse), Farm Size, End User, and Geography – Global Forecast to 2030

The Farm Management Software Market to reach $10.5 billion by 2030, at a CAGR of 25.4% from 2023 to 2030. The growth of this market is attributed to the increasing adoption of connectivity in agriculture, increasing adoption of farm management for improving yields, environmental factors such as climate change and water shortage driving the adoption of farm management software, and government initiatives to drive the adoption of farm management software driving market growth. In addition, the adoption of new business models by agritech companies, making farm management software affordable for farmers, and the emerging need for AI in agriculture are expected to offer significant opportunities for the growth of this market.

However, the lack of access to financial solutions for farmers hampers the growth of this market. In addition, the fragmented and unorganized agriculture ecosystem in developing countries is a major challenge to the growth of this market.

The Asia-Pacific Location Intelligence Market is projected to reach $24.6 billion by 2030 from an estimated $9,044.2 million in 2023, at a CAGR of 15.4% during the forecast period. The growth of the Asia-Pacific location intelligence market is mainly driven by the proliferation of location-based solutions in the retail sector, the growing use of spatial data and analytics across industries, and the increasing need for asset management in the industrial sector.

In today's rapidly changing world, more and more ambitious individuals are choosing to pursue higher education abroad in order to expand their horizons and improve their abilities. Among Indian students with dreams of obtaining an MBA, Malaysia has become an incredibly attractive option. In this article, we will delve into the various reasons why pursuing an MBA in Malaysia for Indian Students.