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From 2015 to 2020, Vietnam's pesticide market is expected to grow at a compound growth rate of 4.
4%, reaching US$1.
2 billion
.
The country’s pesticide market will be further promoted by the following factors, such as the increase in the trade volume of agricultural products such as rice, coffee, and peppers (13.
28,? -0.
04, -0.
30%); the improvement of industry technology in the pesticide field; environmental friendliness and low resistance to pesticides The introduction of new pesticides; the increase of farmers’ knowledge on the prevention and control of crop diseases and insect pests
.
According to the types of crops, in Vietnam's pesticide market, cereals account for the largest proportion, followed by fruits, vegetables, rape and other parts
.
Cereals are also the fastest growing category of crops in the Vietnamese pesticide market
.
As one of the largest rice-growing countries in the world, Vietnam also uses a huge amount of pesticides on rice
.
Similarly, due to the high production of fruits and vegetables in Vietnam, the use of pesticides is also very large
.
According to different types of pesticides, synthetic pesticides accounted for the largest market share in 2014, followed by biological pesticides
.
Synthetic pesticides are widely used by farmers and play a very important role in agricultural production in Vietnam
.
Among these synthetic pesticides, pesticides are the most frequently used by farmers
.
This is because Vietnam, one of the largest rice-growing countries, most of the pesticides are used in the rice fields, and insect pests are the most important hazard in the process of rice cultivation
.
The pesticide toxicity and residue problems that accompany the excessive use of pesticides and the government's weak management of pesticide use have also affected the pesticide market in Vietnam
.
In this Vietnamese market, some multinational companies including BASF, Arysta, Bayer, Vietnam Fumigation Co.
, Ltd.
and HAI Agrochemical Co.
, Ltd.
play a very important role.
.
Other local companies have also performed well in this market, including Tan Thanh Biochemical Company, Golden Rice Agrochemical Co.
, Ltd.
, ADC, Sai Gon Plant Protection Co.
, Ltd.
, MAP Pacific (7.
070,? -0.
01,? -0.
14% ) Limited, Hop Tri and Phu Nong Agricultural chemical Co.
, Ltd
.
4%, reaching US$1.
2 billion
.
The country’s pesticide market will be further promoted by the following factors, such as the increase in the trade volume of agricultural products such as rice, coffee, and peppers (13.
28,? -0.
04, -0.
30%); the improvement of industry technology in the pesticide field; environmental friendliness and low resistance to pesticides The introduction of new pesticides; the increase of farmers’ knowledge on the prevention and control of crop diseases and insect pests
.
According to the types of crops, in Vietnam's pesticide market, cereals account for the largest proportion, followed by fruits, vegetables, rape and other parts
.
Cereals are also the fastest growing category of crops in the Vietnamese pesticide market
.
As one of the largest rice-growing countries in the world, Vietnam also uses a huge amount of pesticides on rice
.
Similarly, due to the high production of fruits and vegetables in Vietnam, the use of pesticides is also very large
.
According to different types of pesticides, synthetic pesticides accounted for the largest market share in 2014, followed by biological pesticides
.
Synthetic pesticides are widely used by farmers and play a very important role in agricultural production in Vietnam
.
Among these synthetic pesticides, pesticides are the most frequently used by farmers
.
This is because Vietnam, one of the largest rice-growing countries, most of the pesticides are used in the rice fields, and insect pests are the most important hazard in the process of rice cultivation
.
The pesticide toxicity and residue problems that accompany the excessive use of pesticides and the government's weak management of pesticide use have also affected the pesticide market in Vietnam
.
In this Vietnamese market, some multinational companies including BASF, Arysta, Bayer, Vietnam Fumigation Co.
, Ltd.
and HAI Agrochemical Co.
, Ltd.
play a very important role.
.
Other local companies have also performed well in this market, including Tan Thanh Biochemical Company, Golden Rice Agrochemical Co.
, Ltd.
, ADC, Sai Gon Plant Protection Co.
, Ltd.
, MAP Pacific (7.
070,? -0.
01,? -0.
14% ) Limited, Hop Tri and Phu Nong Agricultural chemical Co.
, Ltd
.
