Five Biggest Challenges in the Agrochemical Industry | Infiniti Research

LONDON–(BUSINESS WIRE)–#CompetitiveIntelligence–Infiniti Research, a world-renowned market intelligence solutions
provider, has announced the completion of their latest list blog on the five
biggest challenges in the agrochemical industry.

Modern farming techniques involve the use of agrochemicals extensively
to improve crop yield, increase plant growth, protect crops against
pests, and neutralize the soil. Farmers use many kinds of agrochemicals
including insecticides, herbicides, fungicides, and seed treatment to
augment their agricultural output. The agrochemical industry is
undergoing rapid growth, and it has its own set of challenges. The use
of certain agrochemicals has been linked with environmental and
ecological damages. Infiniti has listed the five biggest challenges in
the agrochemical industry in this blog.

ÔÇ£The global consumption of agrochemical is on a rise as arable land
is shrinking due to rapid industrialization and population expansion,ÔÇØ
says an industry expert from Infiniti.

To know more about the scope of our research, speak
to an expert

Biggest challenges in the agrochemical industry:

• Regulations: The cost of developing new products is increasing
  due to many national and international laws imposed on the global
  agrochemical industry. Since manufacturers must consider numerous
  regulations, there is a suspension in the introduction of new products
  in the market. Also, different nations will have variable
  requirements. As a result, foreign companies need to submit technical
  grade registrations with the full record. Such processes further
  increase the difficulties for overseas suppliers who have to perform
  additional tests and studies to get approval for selling the
  agrochemical within the region.
• Rising popularity of pest-resistant GM crops: Crops have
  developed resistance to pests due to the advances in genetic science.
  These crops will be poisonous to certain insects but harmless for
  humans. As a result, such BT crops do not need pesticides and
  agrochemicals for it to grow. Pest-resistant GM-maize crops are
  extensively used in the US and are further used in industrial-scale
  biofuel. The growth and development of such crops can pose a risk to
  the growth of the global agrochemicals market as they would not be
  needed to be applied to BT crops.
• Adverse agrochemicals affect: The continued use of
  agrochemicals is identified to have adverse effects on animal life,
  human life, and general soil health. Some of the diseases such as
  AlzheimerÔÇÖs, autism, asthma, and diabetes are caused by the use of
  agrochemicals. In most cases, agrochemicals get collected in the
  groundwater and surface run-offs and can move towards the non-targeted
  area. This will have a negative impact on the health and safety of
  residents. Consequently, some regions have started imposing
  restrictions on the extreme use of agrochemicals and implemented
  stringent laws.
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Infiniti Research is a global market intelligence company offering
strategic insights to help look beyond market disruptions, study
competitive activity, and develop intelligent business strategies.
Listed below are the five biggest challenges in the agrochemical
industry.

View the complete list of the five biggest challenges in the
agrochemical industry:

https://www.infinitiresearch.com/thoughts/challenges-agrochemical-industry

About Infiniti Research

Established in 2003, Infiniti Research is a leading market intelligence
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Infiniti Research studies markets in more than 100 countries to help
analyze competitive activity, see beyond market disruptions, and develop
intelligent business strategies.

With 15+ years of experience and offices across three continents,
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