TABLE 4-1 Global Chemical Pesticide Market (1997 Sales)

Product

Sales, billions of dollars

%

Herbicides

14.7

47.6

Insecticides

9.1

29.4

Fungicides

5.4

17.5

Others

1.7

5.5

Total

30.9

100.0

Crop

Sales, billions of dollars

%

Fruits, nuts, vegetables

6.5

21.0

Home and garden, turf, and ornamentals

5.25

17.0

Oil crops

1.75

5.7

Cotton

1.5

4.9

Cereals

4.0

12.9

Maize

2.5

8.1

Rice

2.5

8.1

Sugarbeet

1.0

3.2

Other

5.9

19.1

Total

30.9

100.0

Region

Sales, billions of dollars

%

North America

9.2

29.8

Western Europe

7.8

25.2

East Asia

7.1

23.0

Latin America

3.7

12.0

Rest of World

3.1

10.0

Worldwide Total

30.9

100.0

Source: Agrow, 1998.

Biopesticide Market

Biologically based pesticide products (also known as biorational products) generate sales of about $700 million per year (including transgenic crops) worldwide. The market for these products is expected to expand by over 20% over the next 5 years. Table 4-3 shows the sales figures for the global biopesticide market in the last few years and projected for 2004. These pesticides comprise living microorganisms or pheromones (animal-produced chemicals that serves as stimuli for behavioral responses in other individuals of the same species). The most successful biorational



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