Agrochemicals are the chemicals used in the management of agricultural ecosystems and micro-organisms in the farming area. The use of agrochemicals is critical in increasing the crop yield. Agrochemicals include various fertilizers, herbicides, insecticides, fungicides, soil conditioners, and others. Fertilizers are used in the agricultural lands to increase the growth of plants and crop yield. The term agrochemicals may also include synthetic fertilizers, hormones, and other chemical growth agents, as well as concentrated stores of raw animal manure. The global agrochemicals market is segmented into type and region. Based on type, it is categorized into fertilizers and pesticides. Based on fertilizers, the market is bifurcated into synthetic and biofertilizers. Whereas, pesticides are categorized as insecticides, herbicides, fungicides, and other pesticides. Based on region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The need to feed an ever-growing global population, coupled with increasing demand for sustainable agricultural practices, is the major driver for the demand for biopesticides. Agricultural production is likely to grow two-fold over the next 36 years, in order to meet the demands coming from around 9 billion population. Certainly, technology is projected to continue to play a major role in this progress. Increase in urbanization and less availability of arable land are motivating farmers to adopt efficient crop-protection techniques. There is a broader acceptance and recognition of the increasing benefits of microbials. With the amount of arable land per-person declining and population expanding, global crop yields must increase to meet the food production needs. As a result, an increase in demand for microbial products and agricultural production is being witnessed. There are additional options to address crop yields, including improvements in seed technology and crop protection. However, the greatest potential for improvement is the microbial market.

Farmers are considered to be the backbone of the agricultural economy. Both the Indian and Chinese governments have been helping their farmers by providing subsidies toward farm machinery and equipment, which has helped farmers easily avail tractors and other farm machinery. Rising consumption of machinery and tractors drives the market for agricultural lubricants in these regions and will follow suit through 2024. The Indian government, in order to promote agricultural mechanization, launched the “Tractor Subsidy,” under which the government provides 25% subsidy for buying a tractor, power tiller, self-propelled reaper, paddy transplantation, and other similar self-propelled machines, specialized power-driven equipment, such as zero-till- seed drill, raised bed planter, sugarcane cutter planter, potato planter, potato digger, groundnut digger, straw reaper, strip-till drill, tractor-drawn reaper, cleaner-cum- grader, dryer, stubble shaver, mobile fruit harvester, and power weeder, etc. The ministry of agriculture, Government of India, has approved the list of tractor models up to 35 HP eligible for this subsidy program, and this scheme is open to all categories of farmers.

The modern generation of consumers is inclined to pursue a healthy lifestyle with a rising focus on how healthier produce is manufactured, how raw materials are sourced, and what is the impact of the production and consumption of these foods and beverages on environmental sustainability, workplace conditions, and worker sustenance. Apart from this, there is a visible shift among consumers to non- conventional foods that are becoming alternatives to traditional meat and dairy. Although conventional food and beverages, including meat and dairy products, are favored in terms of price and flavor, the changing consumption habits and lifestyle choices are driving the growth of products with ethical labels in recent years.

生鲜农产品供应链以蔬菜、水果、肉禽、水产蛋奶等生鲜食品为研究主体，针对市场渠道、物流（流通）、零售等供应链环节的特征和现状进行研究分析。

对比全球我国种业起步较晚，目前向深化市场化阶段发展。2018 年我国种 业市场规划达到 1321 亿元，其中玉米（23%）和水稻种子（其中杂交稻 11%，常规稻 4%）占比最大，目前我国杂交玉米种子出现供小于求得情 况，而杂交水稻种子近几年出现供过于求的情况。从商品化率及每亩种子费 用来看我国种业市场增长潜力充足，目前我国种子商品化率比之国际水平仍 有提升空间，其次我国主要农作物种子价格呈现持续增长的趋势，亩均用种 量与种子单价构成每亩种子费用也呈增长趋势。

通过分析，我们发现美国、加拿大、日本、英国、欧盟国家（包括丹麦、西班牙 和德国）的生猪产业均经历过或经历着 20-30 年的快速规模化过程。这些国家 和地区规模化的动因包括人均猪肉消费饱和、禽肉替代的威胁、行业总量饱和甚 至萎缩、进口猪肉的竞争、老龄化和非农收入导致散养户退出等因素。虽然动因 不完全一致，但是目的基本都是试图通过产业整合和技术升级实现降本增效。

1、“黑天鹅”新冠疫情短期冲击需求，“灰犀牛”非瘟疫情长期抑 制供给。双疫情下供需两弱且均在逐步修复，但需求端修复力度和速度快 于供给端，预计“两会”后需求释放+调控减弱，猪价有望现阶段高点。2、 当前产能效率下降明显，不应乐观估计 3Q20 出栏量的恢复，全年猪价或 在 25-35 元/公斤高位震荡。3、非瘟常态化下，“自育肥”+二元轮回杂交 的组合策略攻守兼备，快速补充产能、同时降低疫病风险，充分享受集中 度提升红利。4、长期看屠宰在产业链定位上移，下游一体化整合在即。