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Follow on Google News | Pre-Harvest Market worth $55,696.6 Million by 2018Pre-Harvest Market categories the global market By Types(Primary Tillage Equipments, Secondary Tillage Equipments, Planting Equipments, Irrigation Equipments, Plant Protection and Fertilizing Equipments, Others)& by Geography"
By: MarketsandMarkets Browse 93 market data tables and 28 figures spread through 211 pages and in-depth TOC on “Pre-Harvest Market: By Types(Primary Tillage Equipments, Secondary Tillage Equipments, Planting Equipments, Irrigation Equipments, Plant Protection and Fertilizing Equipments, Others), By Geography: Trends & Forecasts To 2018”. http://www.marketsandmarkets.com/ Buy a copy of this Report: http://www.marketsandmarkets.com/ Early buyers will receive 10% customization on reports. The agriculture industry is currently facing many challenges: producing more food to feed the growing population with a diminishing labor force. Without the use of agricultural equipment it will become very difficult to sustain this growing population. However, recently there was innovation in chemicals, fertilizers, and seeds which enabled the agricultural producers to meet the ever-growing demands of the world population. But in spite of such innovations and recent development in agricultural productivity, the challenge for the agricultural industry to supply the expanding global economy with sufficient supplies of agriculture are greater than ever before. The pre-harvest market is driven by the associated advantages such as increased farm yield and reduction in labor requirement. Other positive factors driving the demand of the industry include increased consumption of food due to the population growth, increased farm mechanization level and increasing income of middle class farmers in developing nations. However, the lack of awareness and high cost of farm equipment, are the major obstacle in the growth of the market. One of the key restraining factors for agricultural equipment market is the small and fragmented land holding in various parts of the world. Growth is particularly high in countries such as China, India, Japan and Thailand because of the growing awareness about increasing farm yield and high efficiency of equipments which result in high-quality produce. The global pre-harvest market was estimated to be worth around $40,118.2 million in 2012 and is expected to reach $55,696.6 million by 2018, growing at the CAGR of 5.7% from 2013 to 2018. Leading manufacturers are focusing on expansion of the respective businesses across regions and setting up new manufacturing plants to ramp up production capacities and broaden overall product line. Major industry participants are involved in new product launches and collaborations to penetrate the untapped markets of Asia and Latin America. Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-6006- Email: sales@marketsandmarkets.com End
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