Pesticide Demand To Exceed $8 Billion In 2008
After years of decline, U.S. demand for pesticide active ingredients is expected to grow 1.3% a year to reach $8.1 billion in 2008, according to the “Pesticides” study by The Freedonia Group, Cleveland, OH. Gains are expected to improve in the agricultural, commercial and consumer segments, especially in the latter for vegetable and flower gardening. Biopesticides will register the fastest growth as alternatives to traditional pesticide products. Herbicides will remain the dominant product type and will represent 60% of the market volume, according to the report, but will only increase 1% a year. More info: (440) 684-9600; Website: www.freedoniagroup.com.
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