Monday, 8 June 2015

The American Continent Has Grown As A Powerhouse Of Agrochemical and Pesticide Market

Last month an article in ‘Huffington Post ‘revealed that brands such as Dow, BASF, Monsanto and DuPont, popular for cultivating various agrochemical industry products find the climate of Hawai’i favourable. Besides United States countries like Argentina, Mexico, Canada and Columbia boast of favourable climate for growing herbicide-resistant seeds in their homeland. To top it all, the social as well as the political arrangements in the aforesaid nations too back the industry and favour privatization, monopolies and corporate strength. Today the count of companies controlling the global market in agrochemical and pesticide are progressing with tremendous strength in the worldwide global food system.

Furthermore, agricultural transformation took place in Argentina over the past 15 to 20 years, where the country matured from a major cultivator of grass finished beef to the greatest producer of the genetically transformed crop – growing powerhouse. Thus the modification in how the farming is done now in Argentina has brought, significantly, a revival in the usage of agrochemical and pesticide. It won’t be wrong to say that in Argentina the soy crop and approximately all corn crops are genetically transformed with soy alone accounting for some twenty million hectares, which is under cultivation.

In May ‘The Guardian’ reported that EU has finally decided to let go its decision to ban certain pesticides due to tremendous persuasion over the TTIP. The article further unveiled that countries including Canada, United States and Brazil had already raised concerns on the ban and made clear that it may result in crucial repercussions on business and trade. Recently Research Beam has added a report titled “Agrochemical and Pesticide Markets in the Top 5 American Countries to 2018 - Market Size, Trends, and Forecasts.” The report covers the emerging trends and future outlook pertaining to the agrochemicals and pesticides segment in the American continent.

Further since 2012 Brazil has overpowered the US and has backed the topmost position as the greatest purchaser of pesticide. The four leading pesticide market players active in Brazil comprises of Cheminova A/S of Denmark, United States most popular FMC Corp. and Germany based Helm AG. Viewing such a great appetite across several countries globally the future of the agrochemical and pesticide industry looks promising. 

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