Transparency
Market Research presents a 360-degree overview of the global
food security technologies market. The research report, titled
“Food Security Technologies Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023,” offers a
detailed analysis of the factors influencing the overall market and
its segments. It explains how schemes launched by the governments of
developing countries are likely to boost the global food security
technologies market.
The
research report also addresses some of the restraints faced by the
overall market such as the high cost of technologies, lack of skilled
labor, and technical glitches that are hampering the growth of this
market. For further insight, the researchers have used Porter’s
five forces analysis to highlight the threat of new entrants, the
bargaining power of suppliers, the intensity of competitive rivalry,
and the bargaining power of customers.
The
Food and Agriculture Organization states that food security is clean
access to sufficient, safe, and nutritious food to people from all
strata of the society to satisfy the dietary needs of living a
healthy life. Therefore, it is an integral part of the agricultural
industry of every country. Technologies such as micro-irrigation,
pesticides and fertilizers, nanotechnology, chemical tools, and
agricultural biotechnologies are crucial to achieving food security.
All of these tools and techniques are primarily focused towards
ensuring there is enough produce to meet the nation’s or region’s
demand for food.
The
technologies being used in the global food security technologies
market are nanotechnology, micro irrigation, precision agriculture,
sprinkler irrigation, organic agriculture, water harvesting,
integrated soil fertility management (ISFM), no-till technique, crop
protection technologies, and others. Geographically, this market is
segmented into North America, Asia-Pacific, Europe, and Rest of the
World (RoW).
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Currently,
Europe and North America are leading the global food security
technologies market due to increasing adoption of advanced
technologies and rising research and development activities.
According to research analysts, Asia Pacific is also set to grow at a
steady pace due to the growing awareness about technologies and their
applications for achieving food security.
Some
of the important players in the global food security technologies
market are BASF, Bayer CropScience AG, Cargill, Incorporated, DuPont
Pioneer, Novozymes, Mahindra and Mahindra, H.J. Heinz, Nestle, John
Deere, Kraft Foods Inc., and others. The research report profiles
these players and provides a comprehensive overview of the
competitive landscape in the overall market. Furthermore, it also
analyzes the unique forces governing the global food security
technologies market such as the distinct management styles, powerful
branding and marketing ideas, strategic mergers and acquisitions, and
the local market drivers and restraints influencing these players in
the global market.
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