NOTE: Further extracts from ETC Group's recently released report, "Who Owns Nature?" These are from the section about the pesticde industry. For the full report:
According to the report, the world's six largest agrochemical manufacturers, who control nearly 75% of the global pesticide market, are also seed industry giants.
It's worth breaking this down by company.
Bayer: the world's biggest agrochemical company is also the world's seventh biggest seed company.
Syngenta: the world's second largest agrochemical company is also the world's third largest seed company.
Monsanto: the world's biggest seed company is the world's fifth largest agrochemical company.
And DuPont: the world's second biggest seed company is also the world's sixth largest agrochemical company.
All these companies are gene giants.
Weed killers (herbicides) account for about one-third of the global pesticide market, and around 80% of GM seeds involve herbicide-resistance.
The worldwide market for agrochemicals grew last year by nearly 10%. this article from Organic Consumers Association...be sure and click on the link to the ETC Group report in full...