Who are the Major key players in New Crop Protection Generics Market?
Major players are Nufarm Limited, ADAMA Agricultural Solutions, United Phosphorus Ltd, Cheminova, Albaugh LLC, Sipcam Agro USA Inc, Willowood USA LLC and Rotam Agrochemical Company Limited.
Why are farmers switching to generic crop protection?
Generic pesticides offer cost savings of up to 50% compared to branded products, while delivering comparable performance. In a price-sensitive market, this makes generics highly attractive to farmers.
What is the New Crop Protection Generics Market?
The New Crop Protection Generics Market is for off-patent crop protection chemicals, similar to branded products but significantly cheaper. This market is booming due to cost savings and increasing demand for affordable pest control solutions.
What is the Projected CAGR value of the New Crop Protection Generics Market?
New Crop Protection Generics Market is expected to grow at a high CAGR during the forecasting period 2024-2031.