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Ceresana Analyzes the Global Market for Crop Protection Products - Ceresana Research forecasts revenues of over 52 billion US$ for the global market of crop protection products in 2019 - Ceresana.com
Ceresana Analyzes the Global Market for Crop Protection Products

 

PRZOOM - /newswire/ - Konstanz, Baden-Wuerttemberg, Germany, 2012/08/13 - Ceresana Research forecasts revenues of over 52 billion US$ for the global market of crop protection products in 2019 - Ceresana.com.

   
 
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Crop protection products protect plants from damaging influences such as weeds, diseases or insects. The strong dynamics in the crop protection market was occasion for the most extensive global market analysis, the results of which are now available. Ceresana Research forecasts revenues of over 52 billion US$ for the global market of crop protection products in 2019. Most important sales region for crop protection products in 2011 was Asia-Pacific with a share of around 33% of worldwide consumption, followed by South America, Western Europe and North America.

Dynamic growth in emerging countries
Until 2019 market analysts of Ceresana expect notable changes in the sales markets, due to population growth, an increasing ecologic conscience and further developments in biotechnologies. In the future countries in South America and Asia-Pacific will gain further shares in the global market for crop protection products, predominantly at the expense of Western Europe and North America. "The reason for that are the significantly higher yields in industrialized nations - therefore an increased use of crop protection products only has a limited effect on harvests. Additionally, views on the use of crop protection products are getting increasingly skeptical in industrialized nations given ecological values", explains Oliver Kutsch, Managing Director of Ceresana. The strongest growth is forecast for South America - predominantly Brazil.

Growth engine biofuels
Ceresana expects an increasing demand of 3.5% per year until 2019 for crop protection products in the cultivation of oil seeds. Main growth engine will be the use as biofuel. This trend is primarily supported by Southeast Asian countries cultivating oil palms. It is expected that the strongest growth in consumption of crop protection products will be generated by sugar crops. In this regard, Ceresana estimates an annual growth of 5.6% for South America. This increase is predominantly due to sugar cane production in Brazil.

Protection for fruit and vegetables
Global demand for herbicides was highest in 2011. Consumption almost equal to that was that of insecticides and fungicides taken together. Further, the strongest increase during the period from 2011 to 2019 is forecast for herbicides, this growth being caused by South America and Asia-Pacific, regions with strong demand. The report analyzes how application of crop protection products in particular crops will develop. With a share of around 28% a significant share of crop protection products will be used for the protection of fruit and vegetables, especially in tropical and subtropical regions. Regarding cereal grain crops, wheat and rice being the in the lead, crop protection products are in demand in all regions. While this area of application relies mainly on herbicides to protect plants, tropical and subtropical areas increasingly use insecticides and fungicides, for example in order to protect citrus fruit.

The study in brief:
Chapter 1 is a short and concise overview of the most important information on the different types of crop protection products, characteristics, application areas, environment, health, legal situations as well as trends and innovations.
Chapter 2 offers a presentation and analysis of the global market for crop protection products - including forecasts until 2019: Apart from revenue, consumption and production are explained for each product type respectively. Moreover, you will gain insight into the development of individual regions and global market dynamics.
In chapter 3: Detailed analyses of 25 countries: Production, import & export, as well as demand for crop protection products, split by product type and crops, such as cereal grains, corn, oil fruits, sugar crops, fruit and vegetables as well as other crops.
Chapter 4: The crops for the use of crop protection products are thoroughly analyzed: Data on demand development, split by the regions of Western and Eastern Europe, North and South America, Asia-Pacific, the Middle East and Africa.
Chapter 5: Extensive information on demand, revenues, and production of the individual product types. Products covered in this study include herbicides, fungicides, insecticides, and other crop protection products.
Chapter 6 consists of a useful list of manufacturers including the most important producers of crop protection products, clearly arranged according contact data, turnover, profit, product range, production sites, profile summary, product base and brand names. In-depth profiles are given for 150 manufacturers, for example Arysta LifeScience Corporation, BASF SE, Bayer CropScience AG, Cheminova A/S, Dow AgroSciences LLC, DuPont (E.I.) De Nemours, FMC Corporation, Makhteshim Agan Group, Monsanto Company, Nufarm Limited, Sumitomo Chemical Co., Ltd., Syngenta AG and United Phosphorus Limited.

About Ceresana Research
Ceresana (ceresana.com) is the most trusted market research company for the industry. The expert team has the information and tools to guide clients to success. They provide reliable and comprehensive market analyses and forecasts, which help customers to compete the best in their market segment.

Several 1,000 companies from more than 55 countries already profit from Ceresana’s global market intelligence to achieve and maintain a sustainable competitive advantage. Ceresana offers multi-client reports as well as single-client studies, tailored to your specific business requirements. Highest quality services will help you to increase revenues, reduce risks, and strengthen your market position.

The Ceresana business analysts are specialists in markets such as chemicals, plastics, additives, commodities, industrial components, packaging, and construction materials.

 
 
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Ceresana Analyzes the Global Market for Crop Protection Products

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Contact: Sandra Schulze - Ceresana.com 
+49 7531 94293 0 s.schulze[.]ceresana.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Ceresana securities in any jurisdiction including any other companies listed or named in this release.

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