Pesticides Market

Pesticides - Global Market Outlook (2019-2027)

4.3 (91 reviews)
Published: July 2020 ID: SMRC19637
4.3 (91 reviews)
Published: July 2020 ID: SMRC19637

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Pesticides Market is accounted for $57.00 billion in 2019 and is expected to reach $88.82 billion by 2027 growing at a CAGR of 5.7% during the forecast period. Some of the key factors propelling the market growth are increasing adoption of intensive farming techniques, decrease in cultivable land, and growing demand for food. However, the availability of alternative techniques is the restraining factor for the growth of the market.

Pesticides are chemicals used to eradicate or control different types of pests associated with agriculture that can damage crops and livestock and shrink farm productivity. Pesticides act as growth regulators in plants, defoliant for trees and plants, desiccant for fleas, and prevent thinning of fruit.

By type, the synthetic pesticides segment is expected to grow at a significant market share during the forecast period due to the acceptance of new farming practices coupled with the improved efficiency of this type of pesticides. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period as the developing economies of the region are focusing extensively on increasing crop yield and efficiency.

Some of the key players in Pesticides Market include BASF SE, Bayer AG, DowDuPont Inc, FMC Corporation, Syngenta International AG, Sumitomo Chemical Co, Monsanto Company, Nufarm Limited, Sinochem Group, and China National Chemical Corporation (ChemChina).

Formulations Covered:
• Liquid
• Dry

Types Covered:
• Biochemical Pesticides
• Bio-Pesticides
• Plant Incorporated Protectants
• Synthetic Pesticides

Crop Types Covered:
• Oilseeds & Pulses
• Plantation Crops
• Grains & Cereals
• Turfs & Ornamentals
• Commercial Crops
• Fruits and Vegetables

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
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 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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

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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

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