Crop Protection Chemicals Market

Crop Protection Chemicals Market Share, Size, Trends, Growth, Report, Forecast 2023-2028

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The new report by Expert Market Research titled, ‘Global Crop Protection Chemicals Market Size, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global crop protection chemicals market, assessing the market based on its segments like sources, product types, forms, crop types, modes of applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Crop Protection Chemicals Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 3.9%

The increased need for food and higher crop yields are expected to drive the market. With increased urbanisation and more people living in cities than in the countryside, the amount of arable land is gradually shrinking. In the coming years, crop protection chemicals are projected to play a key role in enhancing agricultural productivity.

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These compounds are predicted to increase agricultural productivity by eliminating pests that reduce yields, resulting in more product per acre and reducing the need to convert natural areas like woods and forests, native prairies, marshes, plains, and other wildlife habitats into farmlands.

Furthermore, the increased demand for liquid crop protection chemical solutions, primarily in the foliar spray and seed treatment modes of application, is driving the market for liquid crop protection chemicals. They are also less expensive than solid formulations and can be blended with any other crop enhancer or protective agent, increasing their demand.

Crop Protection Chemicals Industry Definition and Major Segments

Crop protection chemicals aid in the management and reduction of plant diseases, weeds, and other pests that harm agricultural crops. These chemicals also aid in improving and preserving crop output year after year. Crop protection chemicals are divided into three categories: herbicides, insecticides, and fungicides.

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The various sources of crop protection chemicals are:

Natural
Synthetic

By product type, the market is divided into:

Herbicides
Fungicides
Biopesticides
Others

On the basis of form, the market is segmented into:

Liquid
Solid

Based on crop type, the market is classified into:

Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others

By mode of application, the market is divided into:

Foliar Spray
Seed Treatment
Soil Treatment
Others

On the basis of region, the market is segmented into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Crop Protection Chemicals Market Trends

Over the forecast period, demand for crop protection chemicals is expected to be driven by the adoption of modern agricultural techniques and an improved understanding of soil patterns and climate uncertainties. Increasing agricultural production due to the adoption of novel farming techniques and awareness regarding soil preservation employing mixed farming methods has enabled the growth and evolution of the crop protection chemicals market.

Also, constant product innovation aimed at catering to crops is expected to be a key factor in driving consumption across application areas, most notably in cotton farming. Another significant advantage of crop protection chemicals is in the prevention of infectious insects. Flies and other pests harm livestock by spreading disease, delivering painful bites, and causing stress. Insecticides play an important role in managing these insects, allowing animals to convert their feed more efficiently into meat and milk, enhancing profitability. Such benefits are driving the market growth of crop protection chemicals.

Key Market Players

The major players in the market are

  • Bayer AG,
  • Syngenta Crop Protection AG,
  • BASF SE,
  • FMC Corporation,
  • Sumitomo Chemical Co., Ltd,
  •  Rotam Crop Sciences Limited,
  •  others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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