Crop Protection Chemicals - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Crop Protection Chemicals market is accounted for $63.70 billion in 2020 and is expected to reach $94.83 billion by 2028 growing at a CAGR of 5.1% during the forecast period. Increase in need for food security owing to the rise in population, advancement in farming practices and technology and increasing utilization of crop protection solutions for high yield are the major factors driving the market growth. However, stringent government regulations are restraining the market growth.
Crop protection chemicals, such as crop pesticides, are used to reduce yield losses caused by pests and diseases. About 800 chemically active ingredients are registered for use as crop protection solutions around the world. These chemicals are broadly categorized in herbicides, fungicides, and insecticides groups.
Based on form, the liquid segment accounted for considerable market share during the forecast period due to the growing requirement of liquid forms of crop protection chemical products, mainly in the foliar spray and seed treatment modes of application. By geography, Asia Pacific held largest market share during forecast period because rice cultivation and the predominance of small-scale manufacturers are widely seen across all the countries of the Asia-Pacific region.
Some of the key players profiled in the Crop Protection Chemicals Market include Arysta Lifescience, American Vangaurd Corp., Bayer CropScience, Bioworks, BASF SE, FMC Corp., Dow Agrosciences, Chr. Hansen, Corteva Agriscience and Syngenta.
Estimated Market Size in 2020:
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
Tables, Graphs & Figures
Type, Source, Form, Crop Type, Formulation, Mode of Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Sulphur and Petroleum Oils
• Sulphuric Acid
• Other Types
Crop Types Covered:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Commercial Crops
• Other Crop Types
• Capsule Suspensions
• Emulsifiable Concentrates
• Soluble Powder
• Suspension Concentrate
• Wettable Powder
Modes of Application Covered:
• Foliar Spray
• Seed Treatment
• Soil Treatment
• Food & Beverage
• Others Modes of Application
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Crop Protection Chemicals Market is majorly driven by increase in need for food security owing to the rise in population, advancement in farming practices and technology and increasing utilization of crop protection solutions for high yield.
The cereals & grains segment is growing at a highest CAGR owing to the increasing demand for food across the globe.
North America dominated with a significant market share due to the factors such as high awareness and advances in farming practices and technology.
Asia Pacific market is growing at a highest CAGR owing to increasing awareness about pesticides and continuous technological advancements.
Key players in Crop Protection Chemicals Market include ArystaLifescience, American Vangaurd Corp., Bayer CropScience, Bioworks, BASF SE, FMC Corp., Dow Agrosciences, Chr. Hansen, Corteva Agriscience and Syngenta.
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