Crop Protection Chemical Market Report: Trends, Forecast and Competitive Analysis to 2030
Crop Protection Chemical Trends and Forecast
The future of the global crop protection chemical market looks promising with opportunities in the fruits & vegetables, cereals & grains,and oilseeds & pulses markets. The global crop protection chemical market is expected to reach an estimated $68.3 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for food in worldwide, rising use of this substance in pre- and post-harvest crops, and increasing demand for bio-based pesticides.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Crop Protection Chemical by Segment
The study includes a forecast for the global crop protection chemical by product, application, and region.
Crop Protection Chemical Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Herbicides
- Fungicides
- Insecticides
- Biopesticides
- Others
Crop Protection Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
Crop Protection Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Crop Protection Chemical Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies crop protection chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the crop protection chemical companies profiled in this report include-
- BASF SE
- Syngenta
- Bayer Crop Science
- Corteva
- PI Industries
- Cheminova
- Hansen
Crop Protection Chemical Market Insights
Lucintel forecasts that herbicides is expected to witness highest growth over the forecast period due to its significant use in agricultural fields to minimize unwanted weeds and enhance farming.
Cereals & grains will remain the largest segment due to significant usage of crop protection agents in these crops to improve output and reduce pests and diseases.
APAC is expected to witness highest growth over the forecast period due to continuous population growth, presence of key manufacturers, and existence of major agricultural base in the region.
Features of the Global Crop Protection Chemical Market
Market Size Estimates: Crop protection chemical market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Crop protection chemical market size by product, application, and region in terms of value ($B).
Regional Analysis: Crop protection chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the crop protection chemical market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the crop protection chemical market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the crop protection chemical market size?
Answer: The global crop protection chemical market is expected to reach an estimated $68.3 billion by 2030.
Q.2 What is the growth forecast for crop protection chemical market?
Answer: The global crop protection chemical market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the crop protection chemical market?
Answer: The major drivers for this market are growing demand for food in worldwide, rising use of this substance in pre- and post-harvest crops, and increasing demand for bio-based pesticides.
Q4. What are the major segments for crop protection chemical market?
Answer: The future of the crop protection chemical market looks promising with opportunities in the fruit & vegetable, cereal & grain, and oilseed & pulse applications.
Q5. Who are the key crop protection chemical market companies?
Answer: Some of the key crop protection chemical companies are as follows:
- BASF SE
- Syngenta
- Bayer Crop Science
- Corteva
- PI Industries
- Cheminova
- Hansen
Q6. Which crop protection chemical market segment will be the largest in future?
Answer: Lucintel forecasts that herbicides is expected to witness highest growth over the forecast period due to its significant use in agricultural fields to minimize unwanted weeds and enhance farming.
Q7. In crop protection chemical market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to continuous population growth, presence of key manufacturers, and existence of major agricultural base in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the crop protection chemical market by product (herbicides, fungicides, insecticides, biopesticides, and others), application (cereals & grains, oilseeds & pulses, fruits & vegetables, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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