Lewes, DE -- (SBWIRE) -- 01/07/2019 -- Global Generic Crop Protection market will register a 3.4% CAGR in terms of revenue, reach US$ 53400 million by 2023, from US$ 43700 million in 2017

Generic plant protection product are products that are manufactured after the expiration of a patent or other exclusive rights, by a company that did not hold the original patent, and without (the need for) a license from the original patent holder. Generic products are developed, authorised, manufactured and marketed under the same strict rules and requirements as the "original" products.

Owing to the abundant raw material resource and mature technology, there are many generic crop protection manufacturers all over the world. While the industry concentration is high and global major manufacturers are Syngenta, Bayer Crop Science, BASF, Dow Agro Sciences, Monsanto, DuPont, Adama, Nufarm, FMC and Sumitomo Chemical etc. Global top eight manufacturers' sales amount took a share of 63.33% in 2017.

Global generic crop protection is mainly produced in North America, Europe, India, China, Latin America and Japan. China and North America are leading production regions. In 2017, China Generic Crop protection production was 2108.4 K MT and North America was 1654.6 K MT. Europe produced 1033.2 K MT in 2017. Generic crop protection production of Japan and Latin America was separately 604.3 K MT and 684.7 K MT. Global consumption regions are concentrated in China, North America and Latin America. In 2017, China consumed about 978.5 K MT, with a global consumption share of 12.84%.

Over the next five years, study projects that Generic Crop Protection will register a 3.4% CAGR in terms of revenue, reach US$ 53400 million by 2023, from US$ 43700 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Generic Crop Protection market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Herbicide
Fungicide
Insecticide
Plant Growth Regulator

Segmentation by application:
Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Syngenta
Bayer Crop Science
BASF
Dow Agro Sciences
Monsanto
DuPont
Adama
FMC
UPL
Nufarm
Sumitomo Chemical
Arysta LifeScience
Albaugh
Sipcam-oxon
Wynca Chemical
Zhejiang Jinfanda Biochemical
Huapont
Fuhua Tongda Agro-Chemical Technology

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Generic Crop Protection consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Generic Crop Protection market by identifying its various subsegments.
Focuses on the key global Generic Crop Protection manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Generic Crop Protection with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Generic Crop Protection submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 162 pages "Forecast of Global Generic Crop Protection Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Generic Crop Protection by Players, Generic Crop Protection by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Generic Crop Protection Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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