What challenges does the crop protection chemicals market face?
The type and intensity of the challenges facing the crop protection chemicals market in sub-Saharan Africa vary, however the effects of these challenges are very similar. The impact of fluctuating food and fuel prices causes variations in the agricultural market. Imports of raw active ingredients impact negatively on the costs of crop protection chemicals. This places pressure on farmers trying to ensure that their costs remain as low as possible while still maintaining good crop yields. Frost & Sullivan anticipates that the introduction of commercial genetically modified crops will also have an impact on the crop protection chemicals market. South Africa is now the eighth-largest producer of GM crops in the world, and Kenya recently started planting GM crops for commercial use. Companies with product lines developed specifically for these crop traits are expected to increase their market share. Genetically modified crops are part of the solution to increasing crop yields, and form par
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