The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

The global market for Plant Activators is projected to reach US$855.2 million by 2025, driven by the growing focus shed on plant immunity as the best strategy to increase yield productivity against the backdrop of the loss of arable land. Declining agricultural productivity is the starting point for increased use of innovative plant growth promoters and activators. Loss of agricultural land is a major concern that directly impacts the ability to produce food needed to feed the growing human population. On an average over 3.5 million hectares of agricultural lands are lost per annum worldwide due to land destruction/pollution, soil degradation, soil erosion, and loss of fertility. An additional 4.8 million hectares are lost due to land diversion for non-agricultural purposes such as urbanization, roads, industry, housing and infrastructure development. Highlighting the magnitude of land degradation and land conversion is the fact that in the United States alone over the last 35 to 40 years over 145 million hectares of agricultural land has been lost. While arable land use per capita is the prime reason for declining agricultural productivity the world over, several other factors are also responsible for decline in overall agricultural land productivity. These include decreased varieties of crops produced, non-availability of high quality seeds, fertilizers and lack of proper irrigation, delayed sowing of crops, increased plant density aggravated by arable land shortage; ill-trained farm labor; wasteful irrigation methods; ill-managed water resources; lack of adoption of new technologies; lack of quality control of seeds; soil degradation caused by excessive use of chemical pesticides and fertilizers; among others. Read More…