In 2011, pesticide sales of pesticide distribution companies in the United States increased by 6.9%. The report focuses on the top 16 distribution companies that account for more than 90% of the pesticide market in the United States.
At the beginning of last year, although the dealers retained large quantities of pesticides in their hands, the high prices of corn and cotton drove the cultivation of the crops. The pesticide industry achieved a slight recovery after two consecutive years of recession. Coupled with the continued rise in demand for ethanol from corn and corn, crop prices have risen further. The adoption of genetically modified crops affected pesticide sales to a certain extent, but these top dealers responded randomly and formulated corresponding strategies to adjust the product portfolio.
The current situation has brought unprecedented unification between manufacturers and distributors. At present, plant protection products include not only formulation products, seed treatment agents and biotechnology products, but also seed products, which account for 45% of the total market.
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