The competitive landscape of the global herbicides market is characterized by its fragmented structure. In 2014, the top five players, namely, Syngenta AG, BASF SE, Bayer CropScience AG, Dow AgroSciences LLC, and ADAMA Agricultural Solutions Ltd. held just about 53% of the overall market, finds a report by Transparency Market Research (TMR). The leading herbicide producers demonstrate a high degree of integration, which has strengthened their position in this market. However, the shifting focus of players towards increasing their reach through mergers and acquisitions is likely to alter the current scenario in the years to come. Besides, the dynamics of this market are also expected to be affected in the near future due accelerating competition, fueled by the increase in research and development activities. Need for Enhanced Crop Yields to Create Demand for Herbicides “The continual rise in the global population base has created a massive need for food,...
“Knowledge is Power” as we all have known but in today’s time that is not sufficient, the right Solution of knowledge is Intelligence.