Agriculture News

Global Agriculture Equipment Market is estimated to reach $266 billion by 2024; growing at a CAGR of 5.6% from 2016 to 2024. Agriculture equipment are used to make the cultivation and production process faster and efficient. It increases land productivity and also offer quick harvesting.

Middle East and Africa Bioherbicides Market was worth USD 69.87 Million in 2016 and is expected to reach USD 108.56 Million by 2021 with a CAGR of 9.21 %.

The insect pest control market is projected to grow at a CAGR of 5.67% from 2016 to 2022, to reach a projected value of USD 17.35 Billion by 2022.

According to Goldstein Research, “Bio-fertilizers market is expected to experience several growth opportunities in near future.

Europe Bioinsecticides Market was worth USD 340 Million in 2016 and is expected to reach USD 670 Million by 2021 with a CAGR of 18.0 %.

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The antibacterial market in agriculture is projected to grow at a CAGR of 4.6% to reach USD 11.88 Billion by 2022. The market growth is driven by the rise in need for food security for the growing population, advancement in farming practices and technologies, and ease of application of antibacterials in agriculture.

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The Agriculture Equipment Market generated a revenue of $171 billion in 2016, and is projected to reach $279.5 billion by 2024, growing at a CAGR of 6.5% from 2017 to 2024.