Below we listed the 5 biggest pesticide companies in the world. For our detailed discussion as well as a more comprehensive list, please see 12 Biggest Pesticide Companies In The World.
5. Corteva (CTVA)
Revenue: $13.9 billion
Assets: $41.6 billion
Number of employees: 21,000
Market Cap: $29.41 billion
Headquarters: Delaware, United States
Corteva Agriscience is an American agricultural company that was formerly one of the departments of Dow DuPont. It was founded in 2019 and it specializes in producing products that aid farm production. It has operations in various countries and produces seeds and pesticides. It specializes in the research and manufacture of agrochemicals such as fertilizers and growth regulators that increase farm productivity. It has also produced a new seed brand that will optimize production for farmers. It provides digital services and vegetation management tools to aid farmers. Recently, Corteva produced a new class of insecticides that controls sap-feeding pests.
4. Syngenta
Revenue: $17.3 billion
Assets: $23.3 billion
Number of employees: 49,000
Headquarters: Basel, Switzerland
The Syngenta group is a multinational company founded in 2000. It has a group of subsidiaries and it specializes in developing products that improve food production for farmers. They are one of the major manufacturers of pesticides (herbicides, fungicides, insecticides), seeds, and biofuels. It produces a range of products in crop protection, seed technology, and fertilizers. It is one of the leading companies in the research and production of agrochemicals and biofuels. Syngenta manufactures and distributes chemical substances to commercial farmers and companies. It also has research sites that are constantly developing innovations to improve food production. Syngenta is one of the only agrochemical company that produces biofuels
3. Sumitomo Chemicals
Revenue: $21 billion
Assets: $33.8 billion
Number of employees: 33,586
Market Cap: $7.47 billion
Headquarters: Chuo City, Tokyo, Japan
Sumitomo chemical is a multinational Japanese company that produces chemical substances. It is part of the Sumitomo Corporation group and was founded in 1925. It is responsible for the production of various pesticides, fertilizers, and crop protectors that increase the production volume of farmers. Sumitomo Chemicals produces a range of chemicals like petrochemicals, plastics, energy materials, pharmaceuticals, and IT-related chemicals. The crop sciences sector of the company produces herbicides, insecticides, and intermediates. It is also one of the few chemical companies that produce feed additives.
2. Bayer AG (BAYRY)
Revenue: $50.8 billion
Assets: $139.7 billion
Number of employees: 104,711
Market Cap: $60.1billion
Headquarters: Leverkusen, Germany
Bayer AG is a multinational pharmaceutical company. It was founded in 1863 and its major aim is to improve the quality of life of human beings. Although the company is known for the medicine it produces, it is also a producer of pesticides. Bayer Group has its pharmaceutical, consumer health, and crop sciences divisions. The pharmaceutical and consumer health divisions are responsible for producing prescription products and non-prescription products. Meanwhile, the Bayer Crop sciences division is the offshoot that specializes in the production of insecticides, herbicides, and bio-pesticides. Bayer Ag is among the few manufacturers and distributors of bio-pesticides. It is also responsible for producing seed treatment and fertilizers. Bayer AG is at the forefront of agrochemical research and production.
1. BASF
Revenue: $70.2 billion
Assets: $101.67 billion
Number of employees: 117,000
Market Cap: $72.01 billion
Headquarters: Ludwigshafen, Germany
BASF is a multinational chemical producing company based in Germany. They make a wide range of products for the transportation, energy, construction, and electronics industry. It was founded in 1865 and is one of the largest producers of pesticides in the world. BASF has developed and produced insecticides and herbicides that control and destroy pests. It produces chemicals like solvents, resins, glues, industrial gases, and inorganic chemicals. It also produces thermoplastics and foams. It produces chemicals for the construction and energy industry as well. Concerning agriculture, asides from producing pesticides, it is also a global producer of seed treatment products. It recently started research in nutrigenomics. It is the producer of the award-winning herbicide, Sharpen, that can act on the toughest weeds. BASF dominates the agrochemical industry, with top-tier research, production, and distribution of chemicals that improve the food production of farmers.
Please also see Top 10 Agriculture Stocks To Buy Now and 10 Best Agriculture Technology Stocks To Buy Now.
Follow Insider Monkey on Twitter
Disclosure: None.
