Global Pesticides Market Growth 2025-2031

The global Pesticides market size is predicted to grow from US$ 77340 million in 2025 to US$ 111370 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.

Pesticides are chemicals that are used to control, destroy, and prevent the growth of pests and unwanted species of plants and animals. Herbicides, insecticides, and fungicides are collectively known as pesticides. Pesticides act as growth regulators in plants, defoliant for trees and plants, desiccant for fleas, prevents thinning of fruit. Moreover, they prevent the premature falling of fruit. Pesticides are applied to crops before or after harvest to protect the commodity from deterioration during storage and transport. Application of pesticides provides better farm yield and storage and distribution of obtained output. They are also used on animals for controlling insects, arachnids, or other pest infestations.

The global population continues to grow and is expected to reach 10 billion by 2050, which has greatly promoted the increase in food demand. As an important agricultural product to improve food production efficiency, the demand for pesticides has also increased accordingly. With the advancement of science and technology, new high-efficiency, low-toxic and low-residue pesticide products continue to emerge, meeting the needs of modern agriculture for safety and environmental protection.

However, the pesticide market also faces threats and challenges such as strict environmental regulations, inventory cycles and price fluctuations, and rising raw materials.

In terms of market competition, the global pesticide market is highly concentrated, with multinational companies dominating.

This landscape, teeming with titans of the industry, features key players such as Syngenta, Bayer AG, BASF, Corteva, FMC Corporation, UPL, Sumitomo Chemical, Nufarm, Rainbow Chemical, Kumiai Chemical Industry, Hailir Pesticides, Beijing Nutrichem, Nissan Chemical, and Nanjing Red Sun, among others. Notably, in 2023, the top five companies collectively held sway over a formidable 57.36% share of the market, underscoring their commanding presence and influence.

Delving into the taxonomy of pesticides, the market is segmented into four primary categories: Herbicide, Fungicide, Insecticide, and Others. Among these, Herbicide and Fungicide were the most consumed segments in 2023.

Shifting to the downstream applications, The agricultural sector standed as the largest consumer of pesticides. Within the agricultural realm, the deployment of pesticides is a strategic imperative for farmers worldwide. Herbicides, in particular, are instrumental in maintaining weed-free fields, allowing crops to thrive unencumbered by competition for nutrients, sunlight, and space. Similarly, Fungicides and Insecticides are vital for preventing crop losses due to fungal infections and insect infestations, respectively. These interventions not only bolster crop health but also contribute to the economic viability of farming operations by minimizing the need for costly replanting and maximizing harvests.

LP Information, Inc. (LPI) ' newest research report, the “Pesticides Industry Forecast” looks at past sales and reviews total world Pesticides sales in 2024, providing a comprehensive analysis by region and market sector of projected Pesticides sales for 2025 through 2031. With Pesticides sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pesticides industry.

This Insight Report provides a comprehensive analysis of the global Pesticides landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pesticides portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pesticides market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pesticides and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pesticides.

This report presents a comprehensive overview, market shares, and growth opportunities of Pesticides market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Herbicide
Fungicide
Insecticide
Others

Segmentation by Application:
Agricultural
Non-agriculture

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Syngenta
Bayer AG
BASF
Corteva
FMC Corporation
UPL
Sumitomo Chemical
Nufarm
Rainbow Chemical
Kumiai Chemical Industry
Hailir Pesticides
Beijing Nutrichem
Nissan Chemical
Nanjing Red Sun

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pesticides market?

What factors are driving Pesticides market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pesticides market opportunities vary by end market size?

How does Pesticides break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.