Australian Pesticides Market – Growth, Trends And Forecasts (2014 – 2019)
Volume consumption of pesticides in Australia is likely to register a CAGR of 5.8% and a value CAGR of 6.3% over 2014-2020. Overuse and reliance on pesticides in the region has been the cause of weeds and insects developing resistance to insecticides and herbicides, necessitating greater utilization of pesticides for overcoming this problem. This was particularly exemplified in the early 1990s when overutilization of insecticides gave rise to a particularly resistant form of cotton bollworm, which created havoc in Australia’s cotton industry. Crop-based applications form the largest end-use area for pesticides in Australia, as also the fastest growing.
A new report from Mordor Intelligence has all these and many more factual stories on the Australian pesticides market, with a special focus on data that can offer companies with major insights into investment opportunities.
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