Advances in technology and accelerating
communication are impacting all of us with increasing
intensity. Differences in time and geography are
becoming less important. Increasingly affluent
consumers are international and expect novelty, high
quality and constant availability of their preferred
foods, everywhere.
This is an opportunity and a challenge for all companies
working in agriculture. Novel taste, coupled with
convenience, is the winning formula behind Syngentas
PUREHEART™ personal sized and seedless watermelon.
Providing PUREHEART™ at the expected quality
year-round and across geographies requires the best
agricultural skills combined with excellence in logistics
and quality control.
In the global consumer environment, shoppers seek ever more choice. Supermarkets
and home centers compete on price, and they also compete on quality, variety
and availability. They seek products that offer novelty and a distinctive appeal;
qualities for which their customers are
willing to pay more.
Vegetables and Flowers Seeds
In vegetable seeds, Syngenta
is a global leader in the market for its extensive line of high quality germplasm,
further enhancing
this business segment, which leads the industry in its profitability. Here,
the company is particularly well positioned in above average growth markets
such as Eastern Europe, Brazil and Asia.
Syngenta is using marker-assisted breeding technology to develop more than
120 new varieties for commercial launch every year across a range of crops.
This outstanding flow of product innovation, coupled with the diversity of
Syngentas product offer, has enabled the company consistently to outpace the
market over the past five years, gaining a global market share of some 17 per
cent.
In flowers, Syngenta outperformed in the higher growth segment of unrooted
cuttings through superior supply chain efficiencies, which bring process benefits
and cost savings directly to customers. The purchase of Dia Engei flower seeds
in Japan enhanced Syngentas
direct sales capability in this quality market.
Professional Products
Businesses under the Professional Products umbrella
exploit the companys broad portfolio of chemical active ingredients in new
ways in markets adjacent
to agriculture.
Seed treatment is a growth sector that takes Syngenta products beyond conventional
use in agriculture. Seed treatments directly coat the seed and protect crop
growth during early stages, in contrast to sprays or granules, where farmers
apply crop protection products onto the crop or soil. In 2004, the global market
for seed treatment was estimated at $1.3 billion, with continued annual growth
projected at six per cent.
Syngentas seed treatment sales have grown at over
twice this rate since 2001.
In 2004, CRUISER was the most significant growth product in seed treatment,
with further success in the USA and on soybeans in Brazil. Providing protection
against early-season insects and improving crop vigor,
CRUISER is now registered in 73 countries on more than 21 crops, with registration
granted for use on
soybeans in the USA last year.
A further example in Professional Products is the turf business. Demand is
increasing for turf-care products to manage and maintain golf courses, recreational
and sports facilities, as well as residential and commercial landscapes, as
more people place a higher priority on
fitness and leisure. In 2004, Syngentas turf-care business secured a 40 per
cent share of the golf course market
in the USA.