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Jesse Rosales
Branded Technologies Portfolio Manager- Pesticides   Wilbur-Ellis

Branded Technologies Portfolio Manager- Pesticides of Wilbur-Ellis Company

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  • A Distributor’s Perspective on How to Improve Biopesticide Adoption   2018-08-28

    The global market for pesticides reached $68.7B in 2017 1. Biopesticides contributed to just under 5% of that to achieve a global value of $3.3Bn 2. Looking forward, biopesticide growth is expected to outpace that of synthetic pesticides during the five-year forecast period beginning in 2016; corresponding CAGRs are 14.1% and 4.8%, respectively 3. Major drivers for growth include increased regulatory scrutiny of synthetic chemistries, consumer demand for residue-free and organic food products and integrated resistance management strategies.

    The global market for pesticides reached $68.7B in 2017 1. Biopesticides contributed to just under 5% of that to achieve a global value of $3.3Bn 2. Looking forward, biopesticide growth is expected to outpace that of synthetic pesticides during the five-year forecast period beginning in 2016; corresponding CAGRs are 14.1% and 4.8%, respectively 3. Major drivers for growth include increased regulatory scrutiny of synthetic chemistries, consumer demand for residue-free and organic food products and integrated resistance management strategies.

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