Jul 22, 2020
Covid-19 Impact on Biostimulant in the Agriculture and Animal Feed Industry
- Agriculture And Animal Feed
- Jul 06, 2020
Since last year, the COVID-19 outbreak took place in Wuhan, China, and then it rapidly spread all across the world. This outbreak is negatively affected global economic growth which is beyond anything experienced in nearly a century. All sectors in the market have experienced its impact from both sides, that is, the supply side and the demand side.
在农业层面上受到COVID-19影响的部门是农业、食品供应和动物生产部门。直到2020年4月，还没有可用的药物或疫苗，这导致了社会疏远措施后的封锁和产量减少。在农业部门，有助于植物生长的生物刺激剂是市场上蓬勃发展的产品之一，有助于提高作物和粮食生产率impact due to the current COVID-19 pandemic.
这个生物刺激剂includes all components such as seaweeds, amino acids, and protein hydrolysates, among others. These components are prepared by using certain sources that do not contain chemicals. Due to which the food products which are produced in the agricultural field do not cause health issues after consumption. Due to these major benefits and changes in people’s lifestyle and an increase in health consciousness, it is becoming important in the fertilizer sector. This is found to be an alternative to chemical fertilizers and also farmers are now more inclined towards safe and harmless products. But recently, due to COVID-19 pandemic, supply and demand chain got hit badly and this has led into a reduction in demand for the particular products in the market.
PRE COVID-19 IMPACT
During the start month of 2020, the pandemic has resulted in lockdown mostly all over the world. The lockdown resulted in disruption in the supply and demand chain. The agriculture sector has to suffer from various problems such as labor unavailability, inability to access markets, and lack in the availability of fertilizers, among others.
供应链包括受到干扰的运输，因此需要肥料（如果有）；制造商没有满足。另一方面，肥料制造商在收集原料方面也面临问题。原材料供应不足导致生物刺激剂manufacturer in reducing the production of fertilizers. Along with this many manufacturing facilities were made shut to maintain the social distancing which decreases the production of fertilizers that includes biostimulants as well.
- 2020年2月，化肥公司伊士曼化学公司（Eastman Chemical Company）决定关闭其位于中国武汉的制造工厂，那里是冠状病毒爆发的中心。
As time passed, demand for the products started increasing as food products are essential product hence various manufacturing company started taking decisions in order to provide their product’s in market. Also governing authority has provided permission or unlocked the lockdown which has helped the companies to deliver the product to the famers.
- In March 2020, SICIT Group and Syngenta entered into collaboration to promote their product and also focused on more sustainable agriculture. This collaboration was done mainly on focus for collagen based biostimulants which is a booming product in market in fertilizer sector. This in future may help the company to strengthen their footprint in the market.
As such there was no major impact on the fertilizers such as bio stimulant. The pandemic has affected badly during the start of the year 2020, where manufacturers had shut their facilities and also lack in the supply. Further, the facilities were made reopen with strict measures and reopening in the transportation facilities have brought an opportunity for the biostimulant manufacturer to again grow in market. This is because the agricultural commodities are the essential products which are highly in demand around the globe.Biostimulant is playing a major role because it is fulfilling the increasing population’s demand in the market.
BIOSTIMULANTS MANUFACTURERS: PERSPECTIVE & INITIATIVES
这个outbreak of COVID-19 has brought world to a halt where each and every industry has got an impact of it. This crisis has brought to an unexpected situation through which everyone is going through. With such unscrupulous situation, everyone is trying to get over of it. In all, the product industry has fallen badly due to COVID-19 in start of 2020. But rising support from several companies as well as governments are helping the industry to rebuild the position again in market.
"FMC delivered another quarter of above-market growth, against an industry-leading comparison from last year, which increased up to 7%.”
"We effectively navigated the challenges presented by the COVID-19 pandemic during the quarter. Our global operations, supply chain and commercial teams worked diligently to ensure customers had timely access to critical crop protection products through the quarter. Despite forecasting solid organic growth, we believe the second quarter will present the most challenging and uncertain conditions related to COVID-19 and currencies. FX will be a strong headwind at a time of year when price increases are the most difficult to implement,"
”我雅苒有助于提高食品安全n vulnerable communities. The Action Africa initiative has many milestones to come and I am convinced that we have only seen the beginning. The total impact of this will go far beyond what we first envisioned.”
- Pablo Barrera Lopez, Executive Vice President Strategy & Communications., Yara International
“Shortage of fertilizers, veterinary medicines and other input has affected agricultural production.”
- United Nations Food and Agriculture Organization, QU Dongyu
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