Industry revenue of “pesticide and other agricultural chemical“ in the U.S. 2011-2023
The North American crop protection market is led by the U.S. and accounts for around 20 percent of the global market. Growing demand for food has been constantly increasing the need for agricultural productivity, which in turn, accelerates the demand and need for pesticides and other agricultural chemicals. However, with industry-wide changes influenced by integrated pest management, biopesticides, and other environmentally friendly techniques, the U.S. market registered decline to reach 14.5 billion U.S. dollars in 2018 from 17.1 billion U.S. dollars in 2013. With a continuous increase in organic farming and imports of pesticides, the industry revenues are likely to witness further decline over the next few years as well.
Biopesticides market is on the rise
Consumers are increasingly being aware about green agricultural practices and benefits of healthy food habits which resulted in an increase in sales of organic foods over the last few years. Biopesticides, that plays a pivotal role in this process has also witnessed an increasing level of adoption in the country.
European Companies led the American pesticides market
The crop protection chemicals market in the U.S. is highly consolidated, with multinational companies including Syngenta, Bayer and BASF accounted for the significant market shares. Interestingly, American companies including DuPont, could not claim their position in the top three places. These companies are not only competing on new product launches but also focus on strategic moves, in order to acquire higher market share.
Biopesticides market is on the rise
Consumers are increasingly being aware about green agricultural practices and benefits of healthy food habits which resulted in an increase in sales of organic foods over the last few years. Biopesticides, that plays a pivotal role in this process has also witnessed an increasing level of adoption in the country.
European Companies led the American pesticides market
The crop protection chemicals market in the U.S. is highly consolidated, with multinational companies including Syngenta, Bayer and BASF accounted for the significant market shares. Interestingly, American companies including DuPont, could not claim their position in the top three places. These companies are not only competing on new product launches but also focus on strategic moves, in order to acquire higher market share.
