What Is The Size Of Belgium Agriculture Machinery Industry? Belgium Agriculture Machinery market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027F. The Belgium Agriculture Machinery Market is largely driven by rising awareness for the advance equipments, increasing demand for agriculture equipment rental services, use of smart farming, integration of Agriculture 4.0 along with… Read More »
Growing Green: Indonesia Government initiatives give an edge to the Agriculture Equipment Market to grow in Indonesia: Ken Research Agriculture has been the backbone of Indonesia’s economy and agriculture equipment is one of the important aspects of the farming industry. The agriculture equipment sector is growing at a CAGR of ~9 between 2014 and 2020, as per the Ken Research report. However, the market was impacted by the global pandemic. Here is a glimpse… Read More »
From Plows to High-Tech Machinery: Will Myanmar’s Agriculture Market sustain positive growth in the future?: Ken Research Myanmar Agriculture equipment has been growing with a growth rate of 25% between 2014 and 2020. The growth is attributed to rising labor wages in the country and increasing government initiatives toward the development of the agriculture equipment industry. However, the market has several growth restraints that hold back its growth. So, what does the… Read More »
The US Agrochemical Market has been observed to grow by USD 16 Bn in 2019- What will ensure further growth of the industry in future? Growing food demand has promoted agrochemical-based institutions to upgrade their product and switch to greener alternatives by investing in research activities, says a report by Ken Research. 1. Trends and Developments to keep ahead in the US Agrochemical. Other Challenges In US Agrochemical Market Aggregate pesticide use has a direct impact on planted acreage. Acreage… Read More »
The Europe Agrochemical Market is anticipated to grow by EUR 6 Mn in 2025- Which factors will ensure the fulfilment of its targeted growth? More than 70% of the crop protection market in Europe is captured by five countries namely Spain, France, Italy, Germany and Poland on the basis of volume of crop protection products sold in the countries, says a report by Ken Research. 1. Challenges faced by the Agrochemical Market of Europe and the impact it leaves… Read More »
Diffusion of technology and rising government initiatives will enable the Agri-tech market to reach INR 11,000 Cr by 2025 in India The Agricultural sector of India is undergoing a catalytic transformation. The industry is imbibing and adopting innovative technologies to improve the efficacies of farming operations, thereby enhancing yield. This has led the Agri-tech industry in India to grow at ~85% growth rate and the market is poised to reach ~11,000 Cr by the next five… Read More »
The AgriTech market in Indonesia generated a revenue of USD 240 million in 2021. What are the key trends for this growth? : Ken Research There is a total of 37 million adults employed in the Agriculture Sector in Indonesia with 25 million farmers and 12 million fishermen. The workers in the agricultural industry still received one of the lowest wages in the country. Ambitious government initiatives, rising adoption of digital services, increased investment by foreign investors, and the emergence… Read More »
4 tailwinds that will make Indonesia Agritech Market a USD 900 Mn market by 2026. Will Indonesia be able to achieve that mark? Ken Research Indonesia’s Gross Domestic Product of Agriculture, Forestry, and Fishery was USD 158 billion in 2021. Moreover, the Agritech Market in Indonesia is expected to grow due to the increasing adoption of digital farming tools and government initiatives that make lending easier. The market is expected to exhibit an upward trend in terms of value over… Read More »
The Myanmar Agriculture Machinery Market is eying to become an MMK 200 bn market by 2026. Will Myanmar be able to achieve that mark? Ken Research Due to COVID-19 Outbreak, OEMs were unable to deliver new orders. Due to this, dealers faced low availability of machines, spares, and attachments. Major Product Categories witnessed a decline in sales between 4-12% on the basis of volume and value. The government’s increased focus on agriculture mechanization in the country is expected to increase the… Read More »
Global Agriculture Equipment Market Outlook to 2027: Ken Research Global Agriculture Equipment Market By Region Global agriculture equipment market is segmented by North America, Europe, Asia Pacific and LAMEA. Based on the region, the Asia Pacific dominated the global agriculture equipment market in 2021, in terms of revenue and is estimated to sustain its dominance during the forecast period. The increased awareness regarding benefits… Read More »
