"The agricultural practices and farming systems employed in Australia influence the demand for crop protection chemicals. These practices vary based on factors such as crop type, climate conditions, soil characteristics, and irrigation methods. Australia faces unique challenges in pest and weed management due to its geographical location and diverse ecosystems. The market caters to specific pests and weeds prevalent in different regions, such as grasshoppers, fruit flies, rabbits, and various weed species. Australia has stringent regulations governing the use of crop protection chemicals to protect human health and the environment. The Australian Pesticides and Veterinary Medicines Authority (APVMA) is responsible for the registration and regulation of pesticides in the country. There is a growing emphasis on sustainable agriculture practices in Australia. This includes the adoption of integrated pest management (IPM) strategies, precision farming techniques, and the use of environmentally friendly and reduced-risk pesticides. The market responds to this trend by offering sustainable and safer alternatives to conventional chemical pesticides. Australia is vulnerable to the impacts of climate change, including changing weather patterns, increased temperatures, and prolonged droughts. These factors influence pest and disease dynamics, requiring adaptive crop protection measures and the development of new solutions to mitigate climate-related risks. According to the report titled, “Australia Crop protection Chemical Overview, 2027”, published by Bonafide Research the market is segmented by product type, by application, and by country.Australia's isolation and unique ecosystems have given rise to distinct pest challenges. The country is home to a variety of pests and invasive species that require specific crop protection strategies. Examples include the Queensland fruit fly, diamondback moth, redback spiders, and various weed species. Australia has a vast expanse of agricultural land, with diverse climatic conditions and soil types. This diversity contributes to a wide range of crop cultivation, requiring tailored crop protection solutions to address specific pest and disease pressures across different regions. Australia has a significant and growing organic farming sector. The demand for organic produce, both domestically and in international markets, has led to the development of a market for organic crop protection products, including organic pesticides and biopesticides. Integrated pest management is widely practiced in Australia. IPM emphasizes the use of a combination of pest control techniques, such as biological controls, cultural practices, and targeted pesticide applications, to minimize reliance on chemical pesticides and reduce environmental impact. Australia has stringent biosecurity measures to prevent the entry and spread of pests and diseases. These measures include strict quarantine regulations, inspections, and the use of crop protection chemicals to manage potential biosecurity threats. Australia has a strong focus on agricultural research and innovation. Research institutions, government agencies, and private companies actively collaborate to develop new crop protection solutions, improve existing products, and address emerging challenges in the market. Precision agriculture technologies, such as GPS, remote sensing, and variable rate application, are increasingly adopted in Australia. These technologies enable farmers to optimize the use of crop protection chemicals by targeting specific areas of fields based on pest and weed pressure, reducing chemical use and optimizing efficacy. Water scarcity is a significant challenge in many parts of Australia. Efficient water management practices, including precision irrigation and controlled-release formulations of crop protection chemicals, are gaining importance to minimize water usage and environmental impact. The Australian crop protection chemicals market plays a crucial role in ensuring the quality and safety of exported agricultural products. Collaboration between industry stakeholders, including crop protection companies, farmers, and regulatory authorities, is essential for meeting international residue standards and accessing global markets. Australia places a strong emphasis on environmental stewardship and sustainability in agriculture. The market responds to this focus by offering a range of environmentally friendly and reduced-risk crop protection products, promoting biodiversity, and encouraging best management practices among farmers. On the basis of product type, it is predicted that the herbicides will have the highest growth rate owing to their efficiency in weed removal. This product reduced the cost of weed removal by 96% as earlier weed removal was done majorly through manual processes. The growth of the market is hindered by the increasing awareness amongst the consumer towards he usage of chemical on food items. Further, the improper usage of such products have increased illness amongst the endconsumer. This is one of the major factor obstructing the growth of the market. The government to tackle this problem conducts awareness drive amongst the agricultural farmers making them aware about the right usage of the product in terms of Quantity and application. Along with this the evolution of Super weeds have posed as a problem for the market. Super weeds are those weed plants which have grown immune to crop protection chemicals over a period of constant exposure. COVID-19 Impact The pandemic was a worldwide phenomenon which affected almost every industry vertical in some way or the other. The Crop protection Chemical market was no exception to this. The market was affected moderately as the agricultural practices never really came to a halt. But the negative effect was felt with respect to the supply chain and manufacturing process which was created due to lockdowns and travels restrictions. Considered in the report • Geography: Australia • Base year: 2021 • Historical year: 2016 • Forecasted year: 2027 Aspects covered in the report • Market Size by Value for the period (2016-2027F) • Market Share by Product Type • Herbicide • Insecticide • Fungicides & Bactericides • Others • Market Share by Application • Cereals & Grains • Oilseeds & Pulses • Fruits & Vegetables • Others • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products withreasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-regionanalysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Agriculture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. "
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample