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Top five generic agrochemical companies
Aug. 13, 2009
In 2008, the global market for crop protection products increased by 21.2% to $40.475 billion; if products used in non-crop situations are included then the total market for agrochemicals grew by 19% to $46.130 billion.
Against this market background the majority of companies operating globally in the agrochemical sector returned strong sales increases during the year.
The following lists the sales results in 2008 for the leading five agrochemical companies whose sales are based predominantly on generic products.
|
Leading generic agrochemical companies sales results （$ million） |
|||
|
Company |
2008 |
2007 |
% Growth 2007/06 |
|
Makhteshim Agan (MAI) |
2,335 |
1,895 |
23.2 |
|
2,287 |
1,819 |
25.7 |
|
|
943 |
721 |
30.8 |
|
|
United Phosphorus (UPL) |
937 |
762 |
23.0 |
|
451 |
356 |
26.7 |
|
The data in the above list indicates growth rates for the leading generic companies in the industry ahead of the industry average, continuing the trend of recent years. However, since 2000 the leading four generic companies have been involved in a number of acquisitions, inclusion of which will have enhanced sales performance. These acquisitions have also represented consolidation within the generic sector of the market.
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