Global Crop Protection Chemicals Market 2024-2028
The crop protection chemicals market is forecasted to grow by USD 23.3 bn during 2023-2028, decelerating at a CAGR of 3.21% during the forecast period. The report on the crop protection chemicals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of herbicides, growing demand from developing countries, and technological improvements leading to efficient methods of agriculture.
Technavio's crop protection chemicals market is segmented as below:
ByApplication
- Cereals and grains
- Oilseeds and pulses
- Fruits and vegetables
- Turfs and others
ByType
- Herbicides
- Insecticides
- Fungicides
- Rodenticides and others
ByGeography
- APAC
- South America
- Europe
- North America
- Middle East and Africa
This study identifies the implementation of integrated pest management (ipm) as new method of crop protection as one of the prime reasons driving the crop protection chemicals market growth during the next few years. Also, introduction of biopesticides and increasing number of new product launches will lead to sizable demand in the market.
The report on the crop protection chemicals market covers the following areas:
- Crop protection chemicals market sizing
- Crop protection chemicals market forecast
- Crop protection chemicals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crop protection chemicals market vendors that include American Vanguard Corp., BASF SE, Bayer AG, Bharat Rasayan Ltd., BioWorks Inc., Chr Hansen Holding AS, Coromandel International Ltd., Corteva Inc., Dhanuka Agritech Ltd., Dow Chemical Co., DuPont de Nemours Inc., FMC Corp., Nufarm Ltd., Rotam CropSciences Ltd., Sumitomo Chemical Co. Ltd., Syngenta Crop Protection AG, Tata Chemicals Ltd., The Indogulf CropSciences Ltd., UPL Ltd., and Verdesian Life Sciences LLC. Also, the crop protection chemicals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.