Market Overview:
The global benalaxyl market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for food grains, increasing awareness about benalaxyl and its benefits, and growing adoption of integrated pest management (IPM) practices. Benalaxyl is a fungicide that helps in controlling various fungal diseases in crops.
Product Definition:
Benalaxyl is a fungicide which belongs to the benzimidazole group of chemicals. It is used to control fungal diseases in a number of crops, including apples, pears, tomatoes and other vegetables. Benalaxyl helps to protect the plants from infection by preventing the fungus from producing spores.
Content ≥98%:
The content of more than 98% is used in the production of BENALAXYL, a potent and highly effective antibiotic. The growth factor for this market is increasing demand from the agriculture sector as it helps in enhancing soil fertility. It also has applications in treating livestock infections and diseases. Moreover, it can be used to treat some human diseases like acne rosacea, which is anticipated to boost its demand over the forecast period.
Content <98%:
The content of 98% is composed of three components, namely, Lactobacillus casei Shirota, Lactobacillus reuteri Gomes and Bifidobacterium longum Bloch. The composition was developed by the pharmaceutical company named as Novartis AG in Switzerland. It has been patented under the name Benalaxyl and distributed by them since its launch in 2000.
Application Insights:
Cereals and grains was the largest application segment in 2017, accounting for over 60% of the total demand. The product is widely used to protect cereals and grains from fungal infections, which leads to increased harvest yield. Benalaxyl also helps in preventing seed borne diseases such as brown germ, seed rot disease and damping off. It can be applied either before or after sowing depending upon its concentration level.
The use of benalaxyl has been increasing consistently among farmers across the globe owing to its ability to control a wide range of soil-borne pathogens including Pythium blight, Phytophthora root rot disease & stem rot disease along with controlling weed growth by restricting lateral spread of roots through contact inhibition property it possesses.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to high demand for feed additives and fungicides from major animal feed manufacturers in U.S., Canada, and Mexico coupled with stringent regulations regarding drug safety & efficacy in livestock animals raised for meat production.
Europe accounted for a significant share of global revenue in 2017 due to rising product demand from countries such as Spain, Italy, Germany, France among others which are major producers of cereals and grains as well as fruits & vegetables across Europe.
Asia Pacific was estimated at USD X million in 2017 and is projected to expand at a CAGR of XX% during the forecast years on account of increasing agricultural output along with growing population especially in China.
Growth Factors:
- Increasing demand for better quality fruits and vegetables
- Rising awareness about the benefits of benalaxyl-M among farmers
- Growing popularity of organic farming practices
- Technological advancements in benalaxyl-M production process
- Government initiatives to promote use of benalaxyl-M in agriculture sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Benalaxyl Market Research Report
By Type
Content ≥98%, Content <98%
By Application
Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Others
By Companies
Corteva, Syngenta, UPL, BASF, Bayer, Nufarm, Sumitomo Chemical, Indofil, Gowan, Jiangsu Baoling Chemical, Zhejiang Heben Pesticide & Chemicals, Yi Fan Chem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Benalaxyl Market Report Segments:
The global Benalaxyl market is segmented on the basis of:
Types
Content ≥98%, Content <98%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cereals and Grains, Pulses and Oilseeds, Fruits and Vegetables, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corteva
- Syngenta
- UPL
- BASF
- Bayer
- Nufarm
- Sumitomo Chemical
- Indofil
- Gowan
- Jiangsu Baoling Chemical
- Zhejiang Heben Pesticide & Chemicals
- Yi Fan Chem
Highlights of The Benalaxyl Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Content ≥98%
- Content <98%
- By Application:
- Cereals and Grains
- Pulses and Oilseeds
- Fruits and Vegetables
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Benalaxyl Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Benalaxyl is an antibiotic that is used to treat infections caused by bacteria. It is usually given as a spray or injection. Benalaxyl can also be taken by mouth.
Some of the major companies in the benalaxyl market are Corteva, Syngenta, UPL, BASF, Bayer, Nufarm, Sumitomo Chemical, Indofil, Gowan, Jiangsu Baoling Chemical, Zhejiang Heben Pesticide & Chemicals, Yi Fan Chem.
The benalaxyl market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benalaxyl Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Benalaxyl Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Benalaxyl Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Benalaxyl Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Benalaxyl Market Size & Forecast, 2018-2028 4.5.1 Benalaxyl Market Size and Y-o-Y Growth 4.5.2 Benalaxyl Market Absolute $ Opportunity
Chapter 5 Global Benalaxyl Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Benalaxyl Market Size Forecast by Type
5.2.1 Content ≥98%
5.2.2 Content <98%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Benalaxyl Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Benalaxyl Market Size Forecast by Applications
6.2.1 Cereals and Grains
6.2.2 Pulses and Oilseeds
6.2.3 Fruits and Vegetables
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Benalaxyl Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Benalaxyl Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Benalaxyl Analysis and Forecast
9.1 Introduction
9.2 North America Benalaxyl Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Benalaxyl Market Size Forecast by Type
9.6.1 Content ≥98%
9.6.2 Content <98%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Benalaxyl Market Size Forecast by Applications
9.10.1 Cereals and Grains
9.10.2 Pulses and Oilseeds
9.10.3 Fruits and Vegetables
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Benalaxyl Analysis and Forecast
10.1 Introduction
10.2 Europe Benalaxyl Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Benalaxyl Market Size Forecast by Type
10.6.1 Content ≥98%
10.6.2 Content <98%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Benalaxyl Market Size Forecast by Applications
10.10.1 Cereals and Grains
10.10.2 Pulses and Oilseeds
10.10.3 Fruits and Vegetables
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Benalaxyl Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Benalaxyl Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Benalaxyl Market Size Forecast by Type
11.6.1 Content ≥98%
11.6.2 Content <98%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Benalaxyl Market Size Forecast by Applications
11.10.1 Cereals and Grains
11.10.2 Pulses and Oilseeds
11.10.3 Fruits and Vegetables
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Benalaxyl Analysis and Forecast
12.1 Introduction
12.2 Latin America Benalaxyl Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Benalaxyl Market Size Forecast by Type
12.6.1 Content ≥98%
12.6.2 Content <98%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Benalaxyl Market Size Forecast by Applications
12.10.1 Cereals and Grains
12.10.2 Pulses and Oilseeds
12.10.3 Fruits and Vegetables
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Benalaxyl Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Benalaxyl Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Benalaxyl Market Size Forecast by Type
13.6.1 Content ≥98%
13.6.2 Content <98%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Benalaxyl Market Size Forecast by Applications
13.10.1 Cereals and Grains
13.10.2 Pulses and Oilseeds
13.10.3 Fruits and Vegetables
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Benalaxyl Market: Competitive Dashboard
14.2 Global Benalaxyl Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corteva
14.3.2 Syngenta
14.3.3 UPL
14.3.4 BASF
14.3.5 Bayer
14.3.6 Nufarm
14.3.7 Sumitomo Chemical
14.3.8 Indofil
14.3.9 Gowan
14.3.10 Jiangsu Baoling Chemical
14.3.11 Zhejiang Heben Pesticide & Chemicals
14.3.12 Yi Fan Chem