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Global biological crop protection sales are now valued at
around US$4 billion, out of a total crop protection market of $57
billion, up from just $0.3 billion in 2004.
Average growth in the biologicals segment is seen at around 10%
per annum over the next 5 years.
Some of the biggest growth rates are expected in Latin America,
mainly due to their adoption for row crops such as maize and
soybeans, as well as cereals in Brazil.
It takes on average half the time to get a biological product
to market as for a conventional one.