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Oilseed-based pesticides form the smallest segment among crop-based pesticides, although it is also the fastest growing segment. The growth of the segment is derived from soybean-based herbicides in North America and the cotton-based insecticides in Asia-Pacific. The principal sources of the oil derived from the seeds include palm, soybean, rapeseed (canola), sunflower seed, peanut, cottonseed, palm kernel, coconut, and olive. Utilization of pesticides for protecting oilseed crops from a variety of infestations constitutes the fastest growing application area, with a volume CAGR of 6.6% and value CAGR of 7.3% for the forecast period of 2018 – 2023.
Soybean is the Most Produced Oil Seed
Soybean is the most produced oilseed globally, soybean production in the year 2016 was around 335 million metric ton. The major producer and exporter of soybean is the US, with a production of 117.2 million metric ton of soybean in the year 2016. Soybean has a lot of commercial importance as it is an important ingredient in the production of protein powder, soy milk, vegetable oil, etc. In the US, soybean is cultivated on 34.4 million hectare of land. The increasing production of soybean in the US is due to the increasing demand for bio-fuel which is used for producing combustible engine oil.
Synthetic Pesticides Dominating the Market
Synthetic pesticides dominate the global market for oilseed crop protection in terms of both consumption and demand, though biopesticides are estimated to register a faster growth rate over the forecast period due to the growing environmental concerns. In terms of regional demand, North America would continue to be dominant region for consumption of pesticides in oilseed applications, while Asia-Pacific would record the fastest growth.
Major Players: SYNGENTA INTERNATIONAL AG, ISHIHARA SANGYO KAISHA LTD, DUPONT, AND BAYER CROPSCIENCE AG, among others.
Reasons to Purchase the Report
• Identify the dominating and the fastest growing regions in the global oil seed crop protection chemicals market and their growth trends during the forecast period
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• To understand the regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Soybean is the Most Produced Oil Seed
Soybean is the most produced oilseed globally, soybean production in the year 2016 was around 335 million metric ton. The major producer and exporter of soybean is the US, with a production of 117.2 million metric ton of soybean in the year 2016. Soybean has a lot of commercial importance as it is an important ingredient in the production of protein powder, soy milk, vegetable oil, etc. In the US, soybean is cultivated on 34.4 million hectare of land. The increasing production of soybean in the US is due to the increasing demand for bio-fuel which is used for producing combustible engine oil.
Synthetic Pesticides Dominating the Market
Synthetic pesticides dominate the global market for oilseed crop protection in terms of both consumption and demand, though biopesticides are estimated to register a faster growth rate over the forecast period due to the growing environmental concerns. In terms of regional demand, North America would continue to be dominant region for consumption of pesticides in oilseed applications, while Asia-Pacific would record the fastest growth.
Major Players: SYNGENTA INTERNATIONAL AG, ISHIHARA SANGYO KAISHA LTD, DUPONT, AND BAYER CROPSCIENCE AG, among others.
Reasons to Purchase the Report
• Identify the dominating and the fastest growing regions in the global oil seed crop protection chemicals market and their growth trends during the forecast period
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• To understand the regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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