Product Code: ETC020327 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Agricultural Pesticides market currently, in 2023, has witnessed an HHI of 2128, Which has increased slightly as compared to the HHI of 1621 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Singapore agricultural pesticides market is anticipated to rise at a CAGR of 5.3% during the forecast period (2020-2026). The country`s strong focus on food security and environmental sustainability, along with the supportive government policies are driving the growth of the market. Moreover, rapid urbanization has resulted in an increasing demand for organic products that are free from harmful chemicals and thus boosting the use of natural pest control methods such as botanical pesticides, bio-pesticides, ETC Furthermore, rising awareness among farmers regarding new pest management strategies is also expected to support this growth over the coming years.
Growing Focus on Food Security & Environmental Sustainability: The Government of Singapore has been focusing on food security since 2019 by introducing several initiatives addressing issues related to sustainable agriculture & environment protection thereby pushing for increased pesticide use in order to enhance crop yields. This factor is likely to boost up adoption rates across farms in Singapore leading to an overall positive impact on industry expansion over forthcoming years.Expansion Of Organic Farming Practices In Country: Organic farming practices have become increasingly popular in recent times due to their environmental benefits which include reduced water pollution and soil erosion caused by chemical fertilizers & insecticides used conventionally in agriculture sector. As such these alternative farming techniques are witnessing growing acceptance among consumers resulting into a surge uptake among local farmers thereby spurring demand for agricultural pesticides within country???s marketspace.
Health Hazards Posed By Excessive Use Of Pesticides: Despite being beneficial when used judiciously excessive use of agrochemicals can lead various health hazards including cancer, nervous system damage and skin irritation.Regulatory bodies have started taking measures towards prohibiting usage above tolerated amounts however still there remains need for further stringent standards so as limit their ill effects.This factor may pose hindrances towards achieving desired growth prospects from this business vertical over long run.
Some key players operating within Singapore Agriculture Pesticide Market include UPL Limited., Bayer AG, Syngenta International AG, Nufarm Limited ETC
COVID 19 pandemic has spread across countries worldwide disrupting global economy substantially thereby impacting numerous industries like manufacturing, retailing ETC, negatively.Agriculture sector too hasn???t remained insulated from its impacts with slowing down crop production rates hampering revenue generation potentials significantly.Nevertheless with ongoing efforts taken by governments through providing financial assistance packages will help stabilize situation allowing companies associated with it move forward on track again soon enough aiding development trajectory back closer pre pandemic estimates eventually recovering losses incurred during initial days.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Agricultural pesticides Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Agricultural pesticides Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Agricultural pesticides Market - Industry Life Cycle |
3.4 Singapore Agricultural pesticides Market - Porter's Five Forces |
3.5 Singapore Agricultural pesticides Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 Singapore Agricultural pesticides Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Singapore Agricultural pesticides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Agricultural pesticides Market Trends |
6 Singapore Agricultural pesticides Market, By Types |
6.1 Singapore Agricultural pesticides Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Singapore Agricultural pesticides Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 Singapore Agricultural pesticides Market Revenues & Volume, By Herbicides, 2020-2030F |
6.1.4 Singapore Agricultural pesticides Market Revenues & Volume, By Insecticides, 2020-2030F |
6.1.5 Singapore Agricultural pesticides Market Revenues & Volume, By Fungicides, 2020-2030F |
6.1.6 Singapore Agricultural pesticides Market Revenues & Volume, By Others, 2020-2030F |
6.2 Singapore Agricultural pesticides Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Singapore Agricultural pesticides Market Revenues & Volume, By Cereal, 2020-2030F |
6.2.3 Singapore Agricultural pesticides Market Revenues & Volume, By Fruits, 2020-2030F |
6.2.4 Singapore Agricultural pesticides Market Revenues & Volume, By Plantation Crops, 2020-2030F |
6.2.5 Singapore Agricultural pesticides Market Revenues & Volume, By Vegetables, 2020-2030F |
6.2.6 Singapore Agricultural pesticides Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Agricultural pesticides Market Import-Export Trade Statistics |
7.1 Singapore Agricultural pesticides Market Export to Major Countries |
7.2 Singapore Agricultural pesticides Market Imports from Major Countries |
8 Singapore Agricultural pesticides Market Key Performance Indicators |
9 Singapore Agricultural pesticides Market - Opportunity Assessment |
9.1 Singapore Agricultural pesticides Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 Singapore Agricultural pesticides Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Singapore Agricultural pesticides Market - Competitive Landscape |
10.1 Singapore Agricultural pesticides Market Revenue Share, By Companies, 2023 |
10.2 Singapore Agricultural pesticides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |