The Crop Protection Chemicals market was valued at $60.3 billion in 2021 and it is expected to reach $95.6 billion at a CAGR of 4.10% between 2022 and 2032. Crop Protection Chemicals particularly highlighted practical aspects such as pests, disease, and weeds to control the field for crop and plant protection. It provides various practical methods which protect crops from several damages such as abiotic damage, pest and disease damage, and other things.
Asia-Pacific region is dominating the global Crop Protection Chemicals market and the region is expected to hold the similar position during the forecast period.
Most farmers know very well that crops face several damages as they grow. Many crops and plants fight for insects and space. They face heat and drought in the field. Even just one outbreak of disease can ravage an entire harvest in the whole land. These things can give distresses farmers and their family members. Therefore, various companies are providing chemicals and other products to protect all kinds of crops. Hence, a large number of farmers are trying to secure their crops' land by using several medicines such as insecticides, herbicides, fungicides, seed treatment, and plant growth regulator products. Various Crop Protection Chemicals farms and companies are focused on herbicides, insecticides, fungicides, seed growth, and crop efficiency products.
Source: SAI Research
People need to have food security to maintain a healthy and secure life. They need nutritious and sufficient food at all times. Due to the rapid increase of the worldwide population and limited food growth, there is less food security for all the people. Thus, to fulfill the demand for food supply, food productions need to produce more foods and provide them to their consumers across their nations or regions. Hence, in present days, Crop Protection Chemicals products play an essential role in protecting plants across the global market. Therefore, rising population with increasing demand for food security, and the need for essential and safe agriculture productivity are the major factors driving the demand for better agriculture output. These demands are expected to boost the global Crop Protection Chemicals market during the forecast period from 2022 to 2032.
Organic farming is increasing at present days which are also expected to drive the market for biological pesticides over the forecast period. On the contrary, government regulations and certain bans on the use of bad chemicals and pesticides in several regions are the main factors that restrict the market growth in particular countries. The toxic nature of pesticides chemicals which impact human health is another greater concern that is disrupting the market growth. Therefore, the consumption of fruits and vegetables needs to be monitored during the farming methods.
Key players in the global Crop Protection Chemicals market are Bayer Crop Science AG (Germany), ChemChina Corporation (China), UPL Limited (India), BASF SE (Germany), FMC Corporation (U.S), Nufarm Limited (Australia), Corteva AgriScience (U.S), Sumitomo Chemicals (Japan), The Dow Chemical Company (U.S), Adama Agriculture Solutions (Israel), DuPont (U.S) and others. Several key players are developing genetically modified crops with the evolution of microbiology and biotechnology. By doing so, new genetically modified seeds can be produced with the natural ability to be pest resistance which can benefit the worldwide consumers.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2021 |
Market Size in 2021: |
US$ 60.3 Billion |
Historical Data for: |
2019, 2020 and 2021 |
Forecast Period: |
2022 to 2032 |
Forecast Period 2022 to 2032 CAGR: |
4.10% |
2032 Value Projection: |
US$ 95.6 Billion |
Segments covered: |
By Product Type - Herbicides, Pesticides, Insecticides, Fungicides, Others. By Source - Natural, Bio Pesticides. By Form - Dry, Liquid. By Applications - Foliar Spray, Soil Treatment, Seed Treatment, Others. By Crop Type - Cereals and Grains, Oilseeds, Fruits, Vegetables, Other |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, France, Italy, U.K., Russia, Rest of Europe Countries Asia-Pacific: India, China, Japan, South Korea, North Korea, Rest of Asian Countries LAMEA: Brazil, Saudi Arabia, Rest of LAMEA |
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Companies covered: |
Bayer Crop Science AG (Germany), ChemChina Corporation (China), UPL Limited (India), BASF SE (Germany), FMC Corporation (U.S), Nufarm Limited (Australia), Corteva AgriScience (U.S), Sumitomo Chemicals (Japan), The Dow Chemical Company (U.S), Adama Agriculture Solutions (Israel), DuPont (U.S) and others. |
The Crop Protection Chemicals Market Has Been Segmented Into:
The Crop Protection Chemicals Market – By Product Type:
The Crop Protection Chemicals Market – By Source:
The Crop Protection Chemicals Market – By Form:
The Crop Protection Chemicals Market – By Applications:
The Crop Protection Chemicals Market – By Crop Type:
The Crop Protection Chemicals Market – by Regions:
North America
Europe
Asia-Pacific
LAMEA
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