Automatic Feeding Market worth $6.30 Billion by 2022

The global automatic feeding market is estimated at USD 4.37 Billion in 2017 and is projected to reach USD 6.30 Billion by 2022, at a CAGR of 7.5% during the forecast period. The market is driven by factors such as increasing consumption of meat and dairy products. The livestock industry is experiencing increasing pressure to meet the growing demand for high-value animal protein.  This surge in demand is compelling livestock farmers to improve productivity and quality, thus driving the demand for automatic feeding.

The total mix ration segment accounted for the largest market share in 2016. TMR is the most frequently used feed for feeding in-house dairy cows. TMR include various nutrients such as protein, vitamins, and minerals which are mixed properly and delivered to the animals either by a belt feeder or a TMR feeder. Automatic feeding equipment help to provide nutritionally balanced ration at all times to the animals.

The ruminants segment, by livestock, in the automatic feeding market accounted for the largest share in 2016. Feeding of ruminants on time is required in order to enhance digestion and production efficiency. It helps to improve feed conversion and absorption and strengthens their immune system. Automatic feeding helps farmers to provide feed according to the requirements of the ruminants and helps to maintain a large herd.

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The equine feeders segment of the automatic feeding market accounted for the largest market share in 2016. Farmers in developed countries are inclined toward individual automatic feeding equipment such as equine feeders as they help to provide feed to horses on the fields rather than in stables. Automatic equine feeders are critical for a well-run stable. Individual automatic feeders are largely used for equine as it is difficult for farmers to feed these animals in large groups.

The North American region is projected to grow at the highest CAGR during the forecast period. The North American automatic feeding market comprises the US, Canada, and Mexico. Growth in this region can be attributed to the various innovations in different equipment lines and feeding equipment to meet the growing demand from farm owners and farmers.

North America is one of the pioneering regions for the automatic feeding market. The usage of feeding equipment in North America is increasing rapidly because of factors such as continual advancements in the technology, the price drop in the equipment, and increasing herd size of livestock farms.

This report includes a study of various automatic feeding equipment, along with the product portfolios of leading companies. It includes the profiles of leading companies such as AGCO Corporation (US), GEA (Germany), Delaval Holding (Sweden), Big Dutchman (US), and Kuhn (France).

Key Players in the Biorational Pesticides Market

The biorational pesticides market is estimated at USD 2.78 Billion in 2017 projected to reach a value of USD 5.02 Billion by 2022, at a CAGR of 12.5% from 2017. The market is driven by factors such as evolving farming technologies & practices, consumer demand for organic fruits & vegetables, and increasing promotion by government organizations for the adoption of environment-friendly pesticides. As demand for organic fruits, vegetables, and crops is increasing globally, the market for biorational pesticides is expected to grow. The area under organic crop cultivation is expected to rise because of the growing demand for organic food, a result of increasing health-consciousness among consumers. This indicates that there is immense scope for growth of the biopesticides market, globally.

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Key Players:

•             Valent Biosciences (US)

•             Bayer (Germany)

•             Monsanto BioAg (Germany)

•             BASF (Germany)

•             DowDuPont (US)

•             Syngenta (Switzerland)

Bayer CropScience, a subsidiary of Bayer, is an agricultural enterprise that offers crop protection, seeds, and non-agricultural pest control products. These products are offered through its two main operating business segments: crop protection/seeds and environmental science. Bayer has been one of the major players in the global biorational pesticides market. The company has been focusing on expansions and mergers & acquisitions. In September 2016, Bayer and Monsanto announced their definitive merger agreement; Bayer acquired Monsanto for an all-in-cash transaction at USD 128 per share. This agreement combined the companies’ leading innovation capabilities and R&D technology platforms for the agricultural industry

BASF is a chemical manufacturing company operating in the segments of chemicals, performance products, functional materials & solutions, agricultural solutions, and oil & gas. Under these broad categories, it offers products such as intermediate chemical products, monomers, petrochemicals, dispersions & pigments, nutrition & health, paper chemicals, performance chemicals, catalysts, construction chemicals, coatings, performance materials, and crop protection. The company provides biorational pesticide products through its agricultural solutions unit. In October 2015, BASF expanded its production capacities of innovative biorational solutions for agriculture and horticulture in Littlehampton (UK). This helped the company to increase its production volume of beneficial nematodes and inoculants for conventional crop protection. In May 2015, BASF also opened a new agricultural research station in Pune (India). It helped the company to carry out global agricultural research on herbicides, fungicides, and insecticides.

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Geoghraphic Prominence:

The North American market for biorational pesticides is driven by the simple registration process of biorational products, increasing consumer preference for organic products, and growing consumer awareness about the ill-effects of synthetic pesticides on human health. The rigorous regulatory system in the US and Canada regarding the environment and human health has compelled manufacturers to develop biorational pesticides with low risks to consumers. The market in Europe is expected to grow at a moderate rate in the near future owing to the stringent regulations for pesticides and increasing demand for organic products. Developing countries such as China, India, Brazil, and Argentina are showing a significant increase in the demand for biorational pesticides.

Cotton Processing Market worth $72.6 billion by 2023

The report “Cotton Processing Market by Product (Lint, Cottonseed), Application (Textiles, Medical & surgical, Feed, Consumer goods), Equipment [Ginning (Saw, Roller), Spinning], Operation (Automatic, Semi-automatic), and Region – Global Forecast to 2023″ The market for cotton processing is estimated at USD 59.7 billion in 2018 and is projected to grow at a CAGR of 4.0% from 2018 to 2023, to reach USD 72.6 billion by 2023. The increase in demand in the textile industry, adoption of cottonseed meal as feed for ruminants, and the rising number of surgeries and operations have been propelling the consumption of cotton, leading to the rising demand for cotton processing globally.

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The lint segment is estimated to account for the largest share in the cotton processing market in 2018.

On the basis of product type, the cotton processing market has been segmented into lint, cottonseed, and others. The lint segment is estimated to account for the largest share in 2018. Cotton lint is widely used for manufacturing different types of surgical bandages, apparels, and household textiles. Over the years, the rise in urbanization and change in the lifestyle of consumers have led to an increase in the demand for textiles, which, in turn, is projected to drive the growth of the lint segment further.

The textile segment is estimated to dominate the cotton processing market, by application, in 2018.

The textile segment is estimated to account for the largest share of the global cotton processing market in 2018. The textile industry witnesses a significant demand for effective cotton processing techniques. Raw cotton is used as a key ingredient in the textile manufacturing applications, and there are no raw materials to substitute it. This leads to an increased demand in the textile industry. With the increasing purchasing power and technological advancements for expanding the production capacity of cotton in improving the fabric quality, the demand for processed cotton is projected to remain high globally.

The spinning segment is estimated to dominate the cotton processing equipment market, by type, in 2018.

The spinning segment is estimated to account for the largest share of the global cotton processing equipment market in 2018. Spinning is considered one of the most important processes in the textile and pharma industries and is used to convert baled cotton into yarn or thread to produce high-strength yarns. With the increasing demand for cotton in textile and medical & surgical applications, the demand for spinning is projected to remain high globally.

The automatic segment is estimated to dominate the cotton processing ginning equipment market, by type, in 2018.

The automatic segment is estimated to account for the largest share of the global cotton processing ginning equipment market in 2018. Cotton processors are increasingly focusing their attention on achieving low production costs, rapid turnaround time, and higher yields. This is facilitated by incorporating advanced automated technologies. Fully automated processing plants contribute to reduced labor costs and help in achieving operational efficiencies.

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Asia Pacific to be the dominant region in the cotton processing market in 2018.

Asia Pacific is estimated to be the dominant region in the cotton processing market in 2018. This is due to wide cotton cultivation in countries such as China, India, Pakistan, and Uzbekistan. The countries in the region have favorable climatic conditions for cotton production. This encourages cotton processors to invest in the cotton processing market in this region. Furthermore, growing concerns about hygiene and technological advancements in the healthcare sector in developing countries have led to an increase in the consumption of raw cotton, which, in turn, is expected to increase the demand for cotton processing solutions and equipment.

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the cotton processing market. It includes the profiles of leading companies such as Lummus Corp (US), Bajaj Steel Industries Limited (India), Nipha Exports Private Limited (India), Shandong Swan Cotton Industrial Machinery Stock Co., Ltd. (China), Cherokee Fabrication (US), Reiter (Switzerland), and Toyota Industries (Japan).

Agricultural Enzymes Market to Reflect Impressive Growth in Agricultural Industry

The report Agricultural Enzymes Market by Type (Phosphatases, Dehydrogenases, Sulfatases), Product Type (Fertility Products, Growth Enhancing Products), Crop Type (Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals), and Region – Global Forecast to 2022″, The global agricultural enzymes market is projected to grow at a CAGR of 11.2% to reach USD 474.7 million by 2022 in terms of value. The agricultural enzymes market is growing rapidly owing to factors such as cost savings and increasing demand for biofertilizers. The trend towards sustainable industrial agriculture has created opportunities for agricultural enzyme manufacturers to generate significant revenues by developing enhanced and high-quality products for customers.

The cereals & grains segment, by crop type, is projected to dominate the agricultural enzymes market through 2022

Cereals & grains are the staple diet in several developing countries, especially for the lower-income and rural population. Urbanization is one of the main factors affecting the demand for cereals & grains because of different lifestyles, calorie requirements, rise in income, and change in food requirements. Agricultural enzymes are used for most cereal crops to enhance the yield as they fertilize the soil and enhance plant growth. The global demand for agricultural enzymes is also expected to increase as cereals are grown in almost all countries.

Phosphatases segment dominated the agricultural enzymes market

The phosphatases segment accounted for the largest share in 2016. Phosphatases are a broad group of enzymes that are capable of catalyzing hydrolysis of esters and anhydrides of phosphoric acid and play a vital role in soil systems. It has the ability to solubilize soil mineral elements.

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Fertility segment accounted for the largest market share 

The fertility products segment is projected to grow at the highest rate during the forecast period followed by growth enhancing products. Soil fertility products containing soil enzymes such as proteases, dehydrogenases, ureases, sulfatases, and amylases are important in catalyzing several vital reactions necessary for the life processes of micro-organisms in soils and the stabilization of soil structure.

Europe: Lucrative market for opportunities for the agricultural enzymes market

In 2016, North America accounted for the largest share of the global agricultural enzymes market. The market in Europe is also projected to grow at a significant CAGR during the forecast period. This region comprises countries such as France, Spain, Germany, Italy, the U.K., and Rest of Europe wherein the Spain is a key producer of various agricultural applications. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Novozymes A/S (Novozymes BioAg) (Denmark), Syngenta AG (Switzerland), E. I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), and Bayer AG (Germany)

John Deere (US) and Trimble (US) are the Key Players in the Precision Viticulture Market

The global precision viticulture market is estimated to be valued at USD 1,014.0 Million in 2017 and is projected to grow at a CAGR of 8.81% from 2017 to 2022. The key players in the precision viticulture market include John Deere (US), Trimble (US), Topcon (Japan), Deveron UAS (Canada), and TeeJet Technologies (US). Other players in the precision viticulture market include Groupe ICV (France), Tracmap (New Zealand), QuantisLabs (Hungary), Terranis (France), Ateknea Solutions (Spain), AHA Viticulture (Australia), and AG Leader Technology (US).

Strategic acquisitions and organic expansions were the core strengths of the leading players in the precision viticulture market; these strategies were adopted by the players to increase their market presence. They also helped the players diversify their businesses geographically, strengthen distribution networks, and enhance their production capacities. Market leaders such as Deere & Company (US), Trimble (US), and Topcon (Japan), successfully tapped the potential markets through expansions, investments, acquisitions, agreements, and joint ventures.

John Deere (US) is one of the leading companies in the precision viticulture industry. The company develops displays & receivers to be used for the tracking of vineyards in precision viticulture. The field and crop solutions manufactured by the company can be used with smart devices which can be remotely operated using local or cloud connectivity. The company mainly focuses on strategies such as partnerships and acquisitions in order to increase its footprint globally. For instance, in 2017, John Deere acquired ag-tech startup, Blue River Technology (US), in order to expand its integrated computer vision and machine learning technology product portfolio. Strong global presence and well-established R&D activities are the major factors contributing to the high potential of this company in the precision viticulture market.

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Trimble (US) is a leading company in the precision viticulture market; it is a manufacturer of hardware & software and a service provider of a broad range of precision viticulture solutions for vineyards and vine growers. Trimble works in close cooperation with its growers and farmers to meet the requirements of precision viticulture to minimize water consumption and weed development in vineyards. The company aims to increase its business in emerging as well as established markets to develop a significant global reach by adopting organic and inorganic strategies. For instance, between 2016 and 2018, the company launched five new products including IoT sensor, agriculture software, and GNSS boards catering to the increasing demand from vine growers.

The Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022.

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The countries covered under the region include Australia & New Zealand, China, India, Japan, and the Rest of Asia Pacific which includes Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and South Korea. Increasing awareness about the implementation of innovative technologies for valuing spatial data and mapping yields of grapes in emerging economies such as Australia & New Zealand and India are the key factors that drive the precision viticulture market growth in the region. The presence of large farmlands and increasing adoption of agricultural technologies in the countries drive the demand for precision viticulture in the region.

Aquaculture Market worth $42.6 billion by 2023

The report Aquaculture Market by Rearing Product Type (Equipment, Chemicals, Pharmaceuticals, Fertilizers), Culture (Freshwater, Marine, Brackish Water), Species (Aquatic Animals, Aquatic Plants), Production Type, and Region – Global Forecast to 2023″The aquaculture market is projected to grow from USD 30.1 billion in 2018 to USD 42.6 billion by 2023, recording a compound annual growth rate (CAGR) of 7.2% during the forecast period. The major factors driving the growth of the aquaculture market include a decline in the amount of captured fish, rise in consumption of fish and other products due to their nutritional value, and growth in adoption of advanced technology and aquafarming methods.

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The brackish water segment is projected to be the fastest-growing segment in the aquaculture market during the forecast period.

The aquaculture market is segmented, on the basis of culture, into freshwater, marine, and brackish water. The brackish water segment is projected to be the fastest-growing segment in the aquaculture market during the forecast period. This is attributed to its high adoption in underdeveloped countries such as those in Africa. Further, brackish water aquafarming involves culturing of fin and shell fishes that are found in the coastal environment; it has the capacity to supply required food fish on a regular basis, thereby contributing to food security through supplemented feeding and aquafarming methods.

The aquatic animals segment is projected to grow at a higher rate during the forecast period.

The aquatic animals segment is further divided into crustaceans, mollusks, finfishes, and others. The growing demand for protein-rich food in developing countries such as India, Bangladesh, Indonesia, and Vietnam is driving the demand for aquatic animals. Additionally, the government support for aquafarming, specifically in Asia Pacific and Africa, is growing to mitigate poverty levels, as aquaculture is an important source of employment in the coastal regions of these countries; this has prompted several aquaproduct manufacturers to invest in this segment in these two regions.

The equipment segment is projected to account for the largest market share in the aquaculture market during the forecast period.

The aquaculture market is segmented, on the basis of rearing product type, into equipment, chemicals, fertilizers, and pharmaceuticals. The equipment segment is projected to be a leading segment in the aquaculture market. This is attributed to the rising adoption of advanced feeding systems to meet the rising demand for the inclusion of nutrients at an optimum level in the diets of aquatic animals. Furthermore, the growth in demand for seafood and decline in the volume of captured fishes is prompting the farmers to use equipment for higher production.

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Asia Pacific is projected to be the fastest-growing region in the aquaculture market during the forecast period.

Asia Pacific is projected to be the fastest-growing region in the aquaculture market during the forecast period due to the rapid development of aquaculture in most of the countries in the region in terms of improving the food supply. The demand for aquaculture products is rising, as the farmers in this region are investing in new technologies and innovations in order to meet the increasing food supply and nutrient food. The consumption of fish and shrimp is witnessing an upward trend in the region, which aids the aquafarming industry.

Major vendors in the aquaculture market include Pentair Plc, (US), AKVA Group (Norway), Xylem Inc (US), Aquaculture Equipment Ltd (UK), Aquaculture System Technologies (US), Luxsol (Belgium), Pioneer Group (Taiwan), CPI Equipment Inc (US), Asakua (Turkey), FREA Aquaculture Solutions (Denmark), Lifegard Aquatics (US), Tan International Ltd (UK), Reef Industries Inc (US), Aquafarm Equipment AS (Norway), and Aquaculture of Texas, Inc (US).

Soil Testing Equipment Market worth $6.2 billion by 2025

The report Soil Testing Equipment Market by End-user Industry (Agriculture, Construction, Environment), Type of Tests (Physical, Residual, Chemical), Site (Lab, On-Site), Degree of Automation (Automatic, Manual), and Region – Global Forecast to 2025″ The global soil testing equipment market size is estimated to be valued at USD 3.3 billion in 2019 and is projected to reach USD 6.2 billion by 2025, at a CAGR of 10.8% from 2019 to 2025. The growing frequency of soil testing for cost reduction in fertigation & productivity and the need for soil conservation for human welfare have been driving soil testing equipment industry growth.

The construction segment is estimated to account for the larger share of soil testing equipment market, in 2019

The soil testing equipment, by end-user industry, is segmented into construction, agriculture, and others. Soil testing is widely used in the construction industry to check the physical and chemical properties of the soil and thereby understand the soil’s bearing capacity. Geotechnical properties, such as specific gravity, density, consistency, shear strength, and particle size, influence the stability of the engineering structures. The use of various equipment, such as augers, penetrometers, leachability equipment, permeameter, compactor, and soil sensors, among others, contribute to a significant share of the construction segment in the global soil testing equipment industry.

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The residual testing equipment, by type of tests, is projected to be the fastest-growing segment from 2019 to 2025

The growing consumer awareness regarding the presence of chemical residues in fruits & vegetables and processed foods has been driving the need for soil testing before and after cultivation. This has led to high demand for GC-MS and ICP-MS test kits. The increasing consumption of fruits & vegetables, as well as processed foods, is expected to play a vital role in driving the demand for various soil testing equipment during the forecast period.

North America dominated the global soil testing equipment market in 2018

The presence of key soil testing equipment industry players, such as Agilent Technologies, Thermo Fisher Scientific, Merck Group, and PerkinElmer, in the US coupled with the high adoption of modern agriculture practices, has resulted in North America dominating the global soil testing equipment market. Several environmental organizations have been actively contributing to market development and have enforced various environment protection policies. The North American soil testing equipment industry addresses multiple environmental issues, such as climate change, acid rain reduction, industrialization, soil erosion, and construction. The growing funds for soil pollution control for ecological safety and R&D investments for new product developments are also responsible for the growth of the market.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the soil testing equipment market. It consists of the profiles of leading companies such as Agilent Technologies (US), Thermo Fisher Scientific Inc. (US), Merck Group (Germany), PerkinElmer Inc. (US), Controls S.p.A (Italy), LaMotte Company (US), Geotechnical Testing Equipment UK Ltd (UK), Sun Labtek Equipments (I) Pvt. Ltd (India), Martin Lishman Ltd (UK), S.W. Cole (UK), Ele International (UK), Gilson Company Inc. (US), Humboldt Mfg. Co. (US), EIE Instruments Pvt. Ltd (India), Eurofins Scientific (Luxemburg), Alfa Testing Equipment (US), Matest (Italy), M&L Testing Equipments (Canada), and Shambhavi Impex (India), among others. Manufacturers broadly adopted new product developments and acquisitions as their major strategies for the market.

Tetrakis(Hydroxymethyl)Phosphonium Sulfate Market worth $279 million by 2025

The report Tetrakis(Hydroxymethyl)Phosphonium Sulfate Market by Application (Oil & Gas, Water Treatment, Leather, Textile), by Function (Biocide, Iron Sulfide Scavenger, Flame Retardant, Tanning Agent) and Region – Global Forecast 2025″ The global tetrakis(hydroxymethyl)phosphonium sulfate market, in terms of value, is estimated to account for nearly USD 202 million in 2019 and projected to grow at a CAGR of 5.5%, to reach approximately USD 279 million by 2025. The growth of the oil & gas, leather, water treatment, and textile industries are driving the THPS market growth as the demand and frequency of use have increased.  Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=64575638

The oil & gas segment is estimated to account the largest market share, in terms of value, in 2019

The oil & gas segment dominated the market for tetrakis(hydroxymethyl)phosphonium sulfate as THPS has become the most widely used biocide in oilfields, where sulfate-reducing bacteria create major problems. THPS also has preservative properties and provides high-temperature stability and prolonged downhole protection in oilfields, thereby making it a preferred choice in the oil & gas industry. Due to these factors, the market is projected to witness significant growth.   

The biocide segment is estimated to witness the fastest growth in the tetrakis(hydroxymethyl)phosphonium sulfate market, in terms of value from 2019 to 2025

THPS as a biocide is an important chemical used in hydraulic fracturing as well as water treatment systems. Biocides are used primarily for killing and controlling bacteria, as they can cause instability in viscosity and pose high threats. THPS was used initially as an industrial biocide in cooling systems. However, it is used more frequently in the petroleum, oil, and gas industries, as a biocide over the past two decades. The benefits associated with biocides are the major factors contributing to the fastest growth of this market, globally.   

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Asia Pacific is projected to grow at the highest CAGR of 5.8% in terms of value during the forecast period

As Asia Pacific is the largest as well as the most populated continent, the consumption of THPS, especially in terms of flame retardants and microbiocides, is high in the region. China, India, Australia, and Japan are the key markets for THPS in the region. China is the largest market in Asia Pacific and one of the leading countries in terms of production as well as consumption of flame retardants. The growing industrial activity in the textile industry has resulted in the rising demand for flame retardant chemicals such as THPS. Due to these factors, the market in the Asia Pacific region is projected to record the highest growth from 2019 to 2025.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the tetrakis(hydroxymethyl)phosphonium sulfate market. It includes the profiles of leading companies such as Arkema S.A. (France), Solvay (Belgium), Sigma-Aldrich (Merck KGaA) (Germany), DowDuPont (US), Hubei Xingfa Chemicals Group Co., Ltd (China), Changshu New-Tech Chemicals Co., Ltd. (China), Jiangxi Fuerxin Medicine Chemical Co., Ltd. (China), Jiangsu Kangxiang Industrial Group Co., Ltd. (China), Prasol Chemicals Pvt. Ltd. (India), Hubei Lianxing Chemical Co., Ltd. (China), Jiangsu Danai Chemical Co., Ltd.(China), Finoric LLC (US), Compass Chemical (US).    

Bayer (Germany) and Cimbria A/S (Denmark) are the Leading Players in the Process Equipment Market

Process equipment market for seed industry includes processed seed market and seed processing equipment market. Seed processing is the refining stage of the post-harvest seed to prepare the seed for sowing or replanting, in the agricultural industry. The seed processing equipment includes the set of equipment required to make the harvested seed commercially available. The equipment considered includes those for grading, sorting, and treatment of the seed, which make it ready for sowing.

The processed seed market is organized and dominated by few large players such as Bayer (Germany), The Dow Chemical Company (US), Monsanto (US), Syngenta (Switzerland), and KWS Group (Germany), while seed processing equipment market is competitive and fragmented, with large-scale seed equipment manufacturers, such as Cimbria (Denmark), PETKUS Technologie (Germany), Lewis M. Carter Manufacturing (US), Westrup (Denmark), and Alvan Blanch Development Company (UK). The processed seed market is projected to reach USD 91.32 billion by 2022, at a CAGR of 10.2% from 2017 and seed processing equipment market is projected to reach USD 3.25 billion by 2022, growing at a CAGR of 10.2% from 2017.

The key market players in process equipment market for seed industry adopted investments and strategic alliances among many important strategies-expansions, new product launches, mergers & acquisitions, agreements, partnerships, joint ventures, and divestments-with other players to strengthen their businesses, to explore new and untapped markets, expanding in local areas of emerging markets, and developing a new customer base for long-term client relationships.

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Bayer (Germany)

Bayer is one of the leading players in the agricultural industry and offers products that help in improving plant health. The company is engaged in seed, crop protection, and non-agricultural pest control businesses. The seeds segment develops provides the processed seed products such as those of cotton, soybean, canola, and vegetables through various brands. The company also provides seed treatment equipment through its Bayer Seed Growth segment.

The company has a global sales and distribution network in over 120 countries. Its key locations are situated in Germany, France, India, Brazil, and the US, with various subsidiaries.

In September 2016, the company acquired the GM seeds company, Monsanto (US) at USD 66 billion. This acquisition strengthened the company’s R&D along with the seed product portfolio.

Cimbria A/S (Denmark)

Cimbria A/S, a subsidiary of Your Agriculture Company (AGCO), is a leading agricultural equipment manufacturing company. The company operates in industrial processing, handling, and storage of grain and seed, as well as animal feed and foodstuffs and other bulk products and have expertise in conveying, drying, seed processing, electronic sorting, and storage.

The main production facilities of the company are in Denmark, Austria, Italy, and the Czech Republic; it has 18 subsidiaries in 18 countries. The company operates in 45 countries across North America, Europe, Asia Pacific, South America, the Middle East, and Africa. In February 2017, the company expanded in Casablanca, Morocco as a part of its sales strategy to have a local representation in all primary markets.

Expansions and investments are the key strategies adopted by key players in the global Molluscicides Market

The molluscicides market is estimated at USD 587.8 million in 2018 and is projected to reach USD 727.8 million by 2023, growing at a CAGR of 4.4% during the forecast period. The key players profiled have a strong presence in the global molluscicides market. These include Lonza Group (Switzerland), Bayer CropScience (Germany), American Vanguard Corporation (US), BASF (Germany), and Adama Agricultural Solutions (Israel).

The key market players adopted various growth strategies such as expansions & investments and mergers & acquisitions to cater to the increasing demand for molluscicide products and to expand their businesses. The companies in this market are increasing their investments in R&D to focus on developing new agrochemicals with an idea of developing molluscicide products that are less harmful to the environment than the existing chemical molluscicides. The companies are also focusing on expanding their geographic presence by increasing their production facilities.

The companies are also investing in new technologies to create new molluscicide products to be used in various applications such as molluscicides for residential purposes and for turf and ornamental applications categorized under non-agricultural application of molluscicides. Companies such as BASF (Germany) and De Sangosse (France) are expanding their product portfolios by innovating new products. BASF (Germany), in May 2017, introduced new biological molluscicides, Nemaslug and Nemasys powder, which contain nematodes.

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Companies are also expanding their global presence by establishing new offices and production facilities and by entering into an agreement with other global players. In September 2018, Lonza Group (Switzerland) established a new production facility of specialty ingredients, which include some of its molluscicide product offerings as well, in Greenwood, SC, US; hereby expanding its production capacity. In March 2016, Lonza Group (Switzerland) and Nulandis (South Africa) signed a strategic distribution agreement to launch Axcela slug & snail pellet in South Africa.

Syngenta expanded its projects in Brazil and Switzerland. The company invested USD 240 million in 2 manufacturing plants related to crop protection products in October 2016. This helped the company to increase its customer base in other regions as well as increase its global market share in the crop protection industry. In April 2016, BASF (Germany) established a new R&D center for biological crop protection and seed solutions in Germany. This new innovation center helped the company to develop new molluscicide products. In January 2016, De Sangosse (France) introduced new a molluscicide product, METAREX INOV, in Germany, thereby enhancing its molluscicide product portfolio.