DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jz7zxd/isoxaflutole) has announced the addition of the "Isoxaflutole Market for Vegetables and Other Crops - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
Demand for isoxaflutole was the highest in vegetable crops, accounting for approximately 90% of the market share in 2013. Isoxaflutole is extensively used on sugarcane crops to eliminate various weeds and pests. The crop is regarded as one of the most efficient and significant sources of bio-fuel. The market for biofuels has been expanding due to rise in oil prices, which is significantly encouraging the demand for sugarcane. This, in turn, has boosted the demand for herbicides such as isoxaflutole. Isoxaflutole is also employed in the production of other vegetable crops such as corn or maize.
Countries such as the U.S. and China are the top two producers of corn. Isoxaflutole is used in the growth of other crops such as fruits. Various fruit crops including almond, apple, peach, and Brazil nut use isoxaflutole in their growth mechanism. The U.S. accounts for the largest share in the production of almonds. Isoxaflutole is widely used for the growth of the crop in the U.S.
Maize and sugarcane are the major vegetable crops that make use of isoxaflutole. North America, particularly the U.S., accounts for more than 40% of the global maize production. Thus, the region accounts for the highest consumption of isoxaflutole for these crops. Corn and maize crops account for the majority of demand for isoxaflutole in Europe. Maize is extensively used in feed, food, industrial, and ethanol production. Thus, the corn industry has witnessed growth over the past few decades. Demand for corn in emerging regions such as Asia Pacific is primarily driven by ethanol production.
However, increasing consumption of meat in emerging economies such as China and India has a high impact on the corn industry. Corn is a major component of livestock feed. Demand for isoxaflutole is dependent on the number of animals consuming corn. Fresh meat sales in China grew by 3.5 tons alone in 2011, due to growing per capita income and changing food habits of the people in the country.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Isoxaflutole Market - Industry Analysis
Chapter 4 Isoxaflutole Market - Crop Segment Analysis
Chapter 5 Isoxaflutole Market - Regional Analysis
Chapter 6 Company Profiles
- Bayer CropScience
- E. I. du Pont de Nemours and Company (DuPont)
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