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JJG - Global BCA Market Sees Strong Growth At 7% Per Annum
iPathA Series B Bloomberg Grains Subindex Total Return ETN
Global BCA market is estimated to be worth around $3bn and growing at a rate of 7% p.a., significantly above the rate of conventional crop protection products.
Europe and North America each account for around 30% of the BCA market, with BCAs accounting for around 8-9% of those regional crop protection markets.
The challenge for many of the 'long tail' of companies is to develop innovative or differentiated solutions and to establish market access channels.