3 ms·
Bayer CropScience is very small, just 2% of the global market, so them merging with Monsanto isn't really a massive game changer, which runs 23% [1]. I don't t
by a_bonobo 10y ago
Bayer CropScience is very small, just 2% of the global market, so them merging with Monsanto isn't really a massive game changer, which runs 23% [1].
I don't think it's going to shake up the market very much, could be that they even lose market share when the merged company consolidates its offerings. For example, Bayer's Liberty Link cotton is used when the local pests have become resistant to Monsanto's Glyphosate/Bt cotton, at some point Glyphosate/Bt sales will go down.
In other news, Syngenta (9% of seed market) was recently acquired by ChemChina but that deal is waiting for European authorities.
[1] Biased source: www.gmwatch.org/gm-firms/10558-the-worlds-top-ten-seed-companies-who-owns-nature