Research and Markets: United States Crop Protection Pesticides Market – Growth, Trends and Forecasts (2015-2020)
May 29, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/w3gbnk/united_states) has announced the addition of the “United States Crop Protection Pesticides Market – Growth, Trends and Forecasts (2015-2020)” report to their offering.
The worldwide consumption of pesticides is more than two million tons per year, and North America accounts for 25% of the global share. Pesticides constitute the largest category within the market for crop protection chemicals, with Biopesticides accounting for a comparatively minute share. Volume consumption of pesticides in the United States is forecast to register a CAGR of 5.3% between 2015 and 2020, while value demand is likely to post a CAGR of 6.3% over the same period.
The major drivers in the market include growing consumer concern for food safety and increasing awareness on pesticide residue on the food they eat. Growing consumer preference for organic products and increased awareness on the ill effects of synthetic pesticides on human health is driving the Biopesticides market. While the shrinking farm lands in the North American region pose a threat to the pesticide demand, the advantage of improved crop yield will drive the market.
Overall demand and consumption of pesticides in the US has recorded declines from the past due to various factors, such as causing harm to human, animal and environmental health. Some of the restrains the region faces is: increasing cases of violation of residue limits, and conflicts on the use of GM crops. In the US, Pesticides must be registered by the US Environmental Protection Agency (EPA) before they can be sold. The EPA can register only pesticides that will have no unreasonable adverse effects on the environment or human health. Yet, there have been several incidences reported of pesticide exposure. Harm also occurs because pesticides are reviewed only every fifteen years, leaving long lag times between science and regulations.
Key Topics Covered
- Introduction
- Key Findings Of The Study
- Market Overview
- Market Dynamics
- Market Segmentation
- Appendix
Companies Mentioned
- Adama Agricultural Solutions (Formerly Makhteshim Agan Industries)
- American Vanguard
- BASF
- Bayer CropScience
- Chemtura AgroSolutions
- Dow AgroSciences
- DuPont
- FMC
- IsAgro
- Marrone Bio Innovations
- Monsanto
- Natural Industries – Novozymes
For more information visithttp://www.researchandmarkets.com/research/w3gbnk/united_states.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150529005960/en/
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