Market Challenges And Opportunities
Usage of some agrochemicals pose some environmental damages as well as threat to human health. Stringent regulation of use of pesticides due to their toxic characteristics may restrain growth of the market, as industry and government of various economies are focused on adopting environmentally safe pesticides. For instance, with financial assistance of United Nations Development Programme (UNDP), the department of chemicals has initiated has started a nationwide programme for ‘Development and production of neem products as Environment Friendly Pesticides’.