Global Agrochemicals Procurement Market Intelligence Report 2018

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Global Agrochemicals Procurement Market Intelligence Report 2018 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Agrochemicals Category - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.

Procurement research report on the agrochemicals market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

The global population is on the rise and is expected to reach more than 9 billion by 2050. The population in urban areas is increasing compared with rural areas, resulting in population segments that have a higher purchasing power leading to higher per-capita spend on food. This has resulted in higher demand for food security, which will fuel the demand for high-quality and quantity of crops, requiring a sustainable way of managing agriculture, thereby, leading to the increased demand for agrochemicals.

One of the procurement best practices for buyers is to collaborate with suppliers to monitor market dynamics. As the supply market is considerably affected by market dynamics such as several M&A in the recent past, buyers should partner with suppliers to gather market intelligence and predict demand-supply dynamics. This will help buyers and suppliers to gauge the impact of factors such as changes in export laws and environmental law to offset any possible supply disruptions.

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