Pesticide & Other Agrochemical Manufacturing in the UK - Industry Market Research Report

Pesticide & Other Agrochemical Manufacturing in the UK - Industry Market Research Report

Pesticide & Other Agrochemical Manufacturing in the UK

The performance of the Pesticide and Other Agrochemical Manufacturing industry hinges on a few factors. Of late, the most important have been oil prices and the level of demand from agriculture. Chemical pesticides are an integral part of Britain's agriculture sector and play a big role in boosting output and productivity. Agrochemical manufacturers' product portfolios evolve in line with technological advances, changing land use and trends in the use of pesticides. However, with the rise in technological advances to cut environmental footprints comes growing demand for organic farmers that don't use pesticides, constricting revenue growth. Despite this, industry revenue still grew at a compound annual rate of 3.6% to £1.3 billion over the five years through 2022-23, including a 6% spike in 2022-23.

This industry covers companies that produce pesticides and other agrochemical products, which are generally known as crop-protection products. Predominantly used in the agricultural and horticultural industries, these products play an important role in maintaining the quality, consistency and affordability of food and plants grown in the UK.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.