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Advancements in policies and regulations in the Malaysian crop protection market are focused on ensuring food safety, environmental sustainability, and agricultural productivity. The Pesticides Act of 1974 is a fundamental law that regulates the registration, importation, sale, and use of pesticides. This legislation mandates that the Pesticide Board must review and authorize all crop protection products to ensure they meet safety and effectiveness criteria. Furthermore, the Malaysian government actively encourages the adoption of Integrated Pest Management (IPM) techniques to reduce pesticide usage and improve sustainable agricultural methods. Recent changes to the Pesticides Act have also focused on bringing Malaysian standards in line with international norms, particularly in response to increasing global worries about pesticide residues and environmental effects. Developments in the Malaysian agricultural sector have been centered around creating environmentally friendly and sustainable options in crop protection.
The increased use of biopesticides and organic farming methods is becoming more popular due to consumer request for safer food and the government's support for sustainable agriculture. Malaysian farmers are increasingly turning to technologies like precision agriculture, which use data analytics and sensor technologies to improve pesticide application. Universities and agricultural research institutions provide support for research and development, promoting collaboration to drive innovation in crop protection techniques.According to the research report "Malaysia Crop Protection Market Research Report, 2029," published by Actual Market Research, the Malaysia Crop Protection market is expected to reach a market size of more than USD 920 Million by 2029. Major participants in the Malaysian agricultural chemical industry consist of international enterprises and domestic businesses. Well-known global corporations like Bayer, Syngenta, and BASF provide a variety of crop protection products, such as herbicides, insecticides, and fungicides designed to meet the different agricultural requirements in Malaysia. AgriChem and Green Earth, among other local businesses, have a crucial impact on the market by offering customized solutions for unique local issues like pest resistance and climate fluctuations.
These companies frequently partner with research institutions to create specialized products tailored to the specific farming conditions in Malaysia. Partnerships among private firms, research centers, and governmental bodies are crucial for improving crop protection techniques and technologies. The crucial role of facilitating collaborations, conducting research, and sharing knowledge on pest management and crop production best practices is played by The Malaysian Agricultural Research and Development Institute (MARDI). These collaborations ensure farmers can benefit from cutting-edge advancements in crop protection and farming techniques, leading to increased efficiency and longevity in agriculture. When it comes to importing and exporting, Malaysia plays a major role in the worldwide agricultural market. The nation ships out a significant quantity of palm oil and rubber, with an increasing emphasis on exporting manufactured agricultural goods such as fruits and vegetables.Herbicides dominate Malaysia's crop protection market thanks to the country's predominant agricultural sector, focused mainly on key crops like palm oil, rice, and rubber.
The palm oil sector, specifically, is a significant player in Malaysia's economy, highlighting the importance of efficient weed control to improve productivity and sustain the well-being of plantations. Weeds can greatly impede the growth of crops by vying for essential resources, leading to the extensive use of herbicides to maintain maximum production levels. The growing emphasis on eco-friendly farming methods has also increased the need for innovative weed killers. Malaysian farmers are more and more turning to integrated pest management (IPM) techniques that focus on the effective and responsible utilization of herbicides, in addition to other methods of crop protection. Advancements in herbicide formulations, like selective herbicides that only affect certain weeds and not crops, have turned herbicides into a crucial resource for increasing productivity and reducing environmental harm. Top companies in Malaysia's herbicide industry are well-known international agricultural companies like Bayer, Syngenta, and BASF, offering a variety of herbicide products specifically designed for the difficulties experienced by Malaysian farmers.
These companies allocate funds to research and development in order to provide creative solutions that address specific agricultural requirements within a region. It is crucial for farmers across the country to have access to herbicides through key distributors such as Agri2U, Hextar Chemicals, and Kossan Rubber.Oilseeds and pulses dominate Malaysia's crop protection market because of their essential importance in the country's agricultural sector and food security. Oilseed cultivation is crucial for Malaysia's economy as it plays a major role in its agricultural exports, with palm oil being a key cash crop. The country also understands the significance of expanding its agricultural production by incorporating oilseeds such as soybean and canola into the crop rotation system to enhance soil health and maintain sustainability. Legumes like mung beans and lentils are becoming more popular due to their high protein and essential nutrients content, driving the increased interest in healthy food choices by consumers. This move towards plant-based eating also motivates farmers to grow more pulses, improving their market viability.
Yet, growing oilseeds and pulses is hindered by pests, diseases, and weed competition, requiring efficient crop protection methods. Farmers are more and more using integrated pest management (IPM) techniques that make use of herbicides, insecticides, and fungicides designed for those crops. Major players in Malaysia's oilseed and pulse crop protection sector are top agribusiness firms such as Bayer, Syngenta, and Corteva Agriscience, providing customized solutions for the country's specific agricultural issues. Local companies like Hextar Chemicals play an important role by offering products tailored to meet the unique requirements of farmers in Malaysia.COVID-19 Impact The outbreak of COVID-19 has affected public health as well as the global economy. The COVID-19 impact on the global economy has resulted in socio-economic disruptions; along with other industries, the spread of COVID-19 has affected the agriculture input sector. The coronavirus has impacted critical processes in the production and distribution of agrochemicals, from raw material imports to end-product manufacturing.
The supply chain was hindered due to the travel restrictions imposed by many different countries globally. The fluctuating prices of chemicals as raw materials along with the inconsistent demand from the consumers during times of economic distress hampered the market growth rate. Major companies mentioned: Basf SE, Bayer AG, Corteva AgriSciences, FMC Corporation, Huapont Life Sciences, Nufarm, Sumitomo Chemicals, Syngenta AG, UPLConsidered in the report • Geography: Malaysia • Base year: 2023 • Historical year: 2018 • Forecasted year: 2029Regions & countries covered: • North America (US, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Russia) • Asia Pacific (China, Japan, India, Australia, Malasia, Thailand) • South America (Brazil, Argentina, Colombia) • Middle East & Africa (Turkey, Saudi Arabia, Israel, South Africa)Aspects covered in the report• Market Size by Value for the period (2018-2029F)• Market Share by Product Type (Herbicide, Insecticide, Fungicides & Bactericides, and Others)• Market Share by Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others)• Market Share by Region• Market Share by Country• Market Share by CompanyThe approach of the report:We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise.
This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs.
Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free.Intended AudienceThis report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Agriculture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry..
Table of Contents
- 1. Executive Summary
- 2. Market Structure
- 2.1. Market Considerate
- 2.2. Assumptions
- 2.3. Limitations
- 2.4. Abbreviations
- 2.5. Sources
- 2.6. Definitions
- 2.7. Geography
- 3. Research Methodology
- 3.1. Secondary Research
- 3.2. Primary Data Collection
- 3.3. Market Formation & Validation
- 3.4. Report Writing, Quality Check & Delivery
- 4. Malaysia Macro Economic Indicators
- 5. Market Dynamics
- 5.1. Market Drivers & Opportunities
- 5.2. Market Restraints & Challenges
- 5.3. Market Trends
- 5.3.1. XXXX
- 5.3.2. XXXX
- 5.3.3. XXXX
- 5.3.4. XXXX
- 5.3.5. XXXX
- 5.4. Covid-19 Effect
- 5.5. Supply chain Analysis
- 5.6. Policy & Regulatory Framework
- 5.7. Industry Experts Views
- 6. Malaysia Crop Protection Market Overview
- 6.1. Market Size By Value
- 6.2. Market Size and Forecast, By Product
- 6.3. Market Size and Forecast, By Application
- 7. Malaysia Crop Protection Market Segmentations
- 7.1. Malaysia Crop Protection Market, By Product
- 7.1.1. Malaysia Crop Protection Market Size, By Herbicide, 2018-
- 20297.1.2. Malaysia Crop Protection Market Size, By Insecticide, 2018-
- 20297.1.3. Malaysia Crop Protection Market Size, By Fungicides & Bactericides, 2018-
- 20297.1.4. Malaysia Crop Protection Market Size, By Others, 2018-
- 20297.2. Malaysia Crop Protection Market, By Application
- 7.2.1. Malaysia Crop Protection Market Size, By Cereals & Grains, 2018-
- 20297.2.2. Malaysia Crop Protection Market Size, By Oilseeds & Pulses, 2018-
- 20297.2.3. Malaysia Crop Protection Market Size, By Fruits & Vegetables, 2018-
- 20297.2.4. Malaysia Crop Protection Market Size, By Others, 2018-
- 20298. Malaysia Crop Protection Market Opportunity Assessment
- 8.1. By Product, 2024 to
- 20298.2. By Application, 2024 to
- 20299. Competitive Landscape
- 9.1. Porter's Five Forces
- 9.2. Company Profile
- 9.2.1. Company
- 19.2.1.1. Company Snapshot
- 9.2.1.2. Company Overview
- 9.2.1.3. Financial Highlights
- 9.2.1.4. Geographic Insights
- 9.2.1.5. Business Segment & Performance
- 9.2.1.6. Product Portfolio
- 9.2.1.7. Key Executives
- 9.2.1.8. Strategic Moves & Developments
- 9.2.2. Company
- 29.2.3. Company
- 39.2.4. Company
- 49.2.5. Company
- 59.2.6. Company
- 69.2.7. Company
- 79.2.8. Company
- 810. Strategic Recommendations
- 11. Disclaimer
- Table 1: Influencing Factors for Crop Protection Market, 2023
- Table 2: Malaysia Crop Protection Market Size and Forecast, By Product (2018 to 2029F) (In USD Million)
- Table 3: Malaysia Crop Protection Market Size and Forecast, By Application (2018 to 2029F) (In USD Million)
- Table 4: Malaysia Crop Protection Market Size of Herbicide (2018 to 2029) in USD Million
- Table 5: Malaysia Crop Protection Market Size of Insecticide (2018 to 2029) in USD Million
- Table 6: Malaysia Crop Protection Market Size of Fungicides & Bactericides (2018 to 2029) in USD Million
- Table 7: Malaysia Crop Protection Market Size of Others (2018 to 2029) in USD Million
- Table 8: Malaysia Crop Protection Market Size of Cereals & Grains (2018 to 2029) in USD Million
- Table 9: Malaysia Crop Protection Market Size of Oilseeds & Pulses (2018 to 2029) in USD Million
- Table 10: Malaysia Crop Protection Market Size of Fruits & Vegetables (2018 to 2029) in USD Million
- Table 11: Malaysia Crop Protection Market Size of Others (2018 to 2029) in USD Million
- Figure 1: Malaysia Crop Protection Market Size By Value (2018, 2023 & 2029F) (in USD Million)
- Figure 2: Market Attractiveness Index, By Product
- Figure 3: Market Attractiveness Index, By Application
- Figure 4: Porter's Five Forces of Malaysia Crop Protection Market
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