Industry Analysis & Industry Trends
The Pesticide and Other Agrochemical Manufacturing industry has been supported by the generally positive performance of the agriculture sector over the past five years, though industry revenue performance has been somewhat volatile. Chemical pesticides are an integral part of Britain's agriculture sector and play an important role in boosting production and productivity. The industry's product portfolio has evolved in line with technological advances, changing land use and use of pesticides overall. Manufacturers have strengthened their product ranges by providing intricately targeted options that treat specific crops and pests. The performance of the industry relies on a range of factors, the most important of which has historically been the level of downstream agricultural demand... purchase to read more
Industry Report - Starting a New Business Chapter
The presence of major multinational pesticide companies like Syngenta and BASF Crop Protection is a barrier to entry. These companies have well-established products and brand names (protected in many cases by patent arrangements and data protection periods) and established manufacturing operations. They will also have access to approved sources for active ingredients if they are not involved in the production of active ingredients themselves. Equally, global companies operating from abroad provide substantial crowding of the market through imports.
R&D requirements pose a barrier. Industry operators can spend over 10% of annual revenue on R&D in order to bring new, environmentally sound crop-protection products to market. Whi.. purchase to read more