Crop Protection Chemicals Market by Type (Synthetic [Insecticides, Herbicides, Fungicides], Biological), Formulation (Solid, Liquid), Mode of Application (Seed Treatment, Soil Treatment), Crop Type—Global Forecast to 2030
The research report titled, ‘Crop Protection Chemicals Market by Type (Synthetic [Insecticides, Herbicides, Fungicides], Biological), Formulation (Solid, Liquid), Mode of Application (Seed Treatment, Soil Treatment), Crop Type—Global Forecast to 2030,’ provides an in-depth analysis of the crop protection chemicals market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.
In terms of value, the crop protection chemicals market is expected to reach $84.83 billion by 2030, at a CAGR of 3.3% from 2023 to 2030, while in terms of volume, the market is expected to reach 10,423,115.5 tons by 2030, at a CAGR of 2.5% from 2023 to 2030.
The growth of this market is attributed to the rising demand for low-cost crop protection solutions, the growing need to increase crop yield and quality, growing awareness about environmental safety, increasing adoption of advanced agricultural practices and technologies, and rapidly decreasing agricultural land. Furthermore, an increasing focus on integrated pest management, growing adoption of biological seed treatments, and emerging economies in Asia-Pacific and Latin America are expected to provide significant opportunities for the growth of this market.
The key players operating in the crop protection chemicals market include BASF SE (Germany), Bayer AG (Germany), Corteva, Inc. (U.S.), FMC Corporation (U.S.), Novozymes A/S (Denmark), Nufarm Limited (Australia), Syngenta AG (Switzerland), UPL Limited (India), Sumitomo Chemical Co., Ltd. (Japan), and Jiangsu Yangnong Chemical Co. Ltd (China).
The study offers a comprehensive analysis of the crop protection chemicals market based on type, formulation, mode of application, crop type, and geography.
The crop protection chemicals market is segmented by type (Synthetic Crop Protection Chemicals {Herbicides [glyphosate, acetochlor, 2,4-D, atrazine, and other herbicides], Insecticides [organophosphates, pyrethroids, carbamates, organochlorides, and other insecticides], Fungicides [Triazole, Strobilurins, Chloronitriles, Dithiocarbamates, Phenylamides, Benzimidazoles, and Other Fungicides], Other Synthetic Crop Protection Chemicals} and Biological Crop Protection Chemicals {bioinsecticides, biofungicides, bionematicides, bioherbicides, and other biological crop protection chemicals}), formulation (liquid formulation and dry formulation), mode of application (foliar spray, seed treatment, soil treatment, and other modes of application), crop type (cereals & grains {maize/corn, wheat, and other cereals & grains}, oilseeds & pulses, fruits & vegetables, and other crops), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Among the types studied, in 2023, the synthetic chemicals segment is expected to account for the largest share of the crop protection chemicals market. The large market share of this segment is attributed to its increasing use in developing countries, ease of availability, high efficiency, and lower cost than biological products.
However, the biological chemicals segment is projected to witness significant growth during the forecast period of 2023–2030. The rapid growth of this segment is mainly driven by the increasing adoption of organic farming, growing environmental and public health concerns regarding the use of chemical crop protection products, high demand for chemical residue-free agricultural products, and the initiatives by governments worldwide to promote the use of biological crop protection products.
Among the formulation segments studied for the crop protection chemicals market, in 2023, the liquid formulation segment is expected to account for the larger share. The large market share of this segment is attributed to the uniform & easy application of liquid form, better performance, and higher effective duration (up to 6 months) than dry form (up to 3 months).
Moreover, it is also expected to witness significant growth during the forecast period. The growth of this segment is driven by the increased importance of the latest irrigation technologies, such as drip irrigation and sprinkler irrigation, with a reduction in blockage.
Among the mode of application segments studied for this report, in 2023, the foliar spray segment is expected to account for the largest share of the crop protection chemicals market. The large market share of this segment is attributed to the high efficiency in the application, uniform distribution of chemicals, and minimum to no wastage of crop protection chemicals in the foliar spray mode of application.
However, the seed treatment segment is projected to witness significant growth during the forecast period of 2023–2030. The rapid growth of this segment is mainly driven by the increased germination and uniform seedling emergence, safety, and pest resistance advantages with the use of the seed treatment technique. In this method, microbial pesticides are often applied with chemical pesticides, as chemical pesticides provide early-season control, and microbial pesticides provide extended control.
Among the crop type segments studied for this report, in 2023, the cereals & grains segment is expected to account for the largest share of the crop protection chemicals market. The large market share of this segment is attributed to the growing need to increase cereal & grain production, minimize cereal & grain loss due to pests and diseases, and the increasing use of these crops in animal feed, biofuel, and starch & ethanol production.
Based on geography, the market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The major market share of Latin America is attributed to the increasing population and food requirements, rapid expansion in the agriculture sector, and the growing need to increase crop yield. Also, rising awareness among farmers about the benefits of using high-end agro products and increasing adoption of organic farming practices further support the growth of this market.
Scope of the Report:
Crop Protection Chemicals Market Assessment—by TypeSynthetic Crop Protection Chemicals
Herbicides
Glyphosate
Potassium Glyphosate
Isopropylamine Glyphosate
Other Salts of Glyphosate
Acetochlor
2,4-D
Atrazine
Other Herbicides
Insecticides
Organophosphates
Pyrethroids
Carbamates
Organochlorides
Other Insecticides
Fungicides
Triazole
Strobilurins
Chloronitriles
Dithiocarbamates
Phenylamides
Benzimidazoles
Other Fungicides
Other Synthetic Crop Protection Chemicals
Biological Crop Protection Chemicals
Bioinsecticides
Biofungicides
Bionematicides
Bioherbicides
Other Biological Crop Protection Chemicals
Crop Protection Chemicals Market Assessment—by FormulationLiquid Formulation
Dry Formulation
Crop Protection Chemicals Market Assessment—by Mode of ApplicationFoliar Spray
Seed Treatment
Soil Treatment
Other Modes of Application
Crop Protection Chemicals Market Assessment—by Crop TypeCereals & Grains
Maize/Corn
Wheat
Other Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Other Crops
Crop Protection Chemicals Market Assessment—by GeographyNorth America
U.S.
Canada
Europe
France
Germany
Italy
Spain
U.K.
Rest of Europe (RoE)
Asia-Pacific
China
India
Japan
Australia
Thailand
Vietnam
Indonesia
Malaysia
Rest of Asia-Pacific (RoAPAC)
Latin America
Brazil
Mexico
Argentina
Chile
Rest of Latin America (RoLATAM)
Middle East & Africa
Key Questions Answered in the Report:Which are the high-growth market segments in terms of type, formulation, mode of application, crop type, and geography?
What is the historical market size for crop protection chemicals across the globe?
What are the market forecasts and estimates for 2023–2030?
What are the major drivers, restraints, opportunities, and challenges in the crop protection chemicals market?
Who are the major players in the market, and what are their market shares?
Who are the major players in various countries, and what are their market shares?
How is the competitive landscape for the crop protection chemicals market?
What strategies are adopted by the major players in the crop protection chemicals market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the crop protection chemicals market, and how do they compete with other players?
Crop Protection Chemicals Market - Report SummaryReport Metrics | Details |
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Years Considered | 2021 - 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Page Count | 597 |
Units Referenced | Value (USD Million), Volume (Tons) |
Segments/Key Topics | Market by Type, Market by Formulation, Market by Mode of Application, Market by Crop Type, Market by Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa |
Key Companies Mentioned | BASF SE (Germany), Bayer AG (Germany), Corteva, Inc. (U.S.), FMC Corporation (U.S.), Novozymes A/S (Denmark), Nufarm Limited (Australia), Syngenta AG (Switzerland), UPL Limited (India), Sumitomo Chemical Co., Ltd. (Japan), and Jiangsu Yangnong Chemical Co. Ltd (China). |
FAQs About the Report
What is the focus of the crop protection chemicals market study?This report covers the crop protection chemicals market sizes and forecasts based on type, formulation, mode of application, crop type, and geography. This report also provides the value & volume analysis of various segments and subsegments of the crop protection chemicals market by type at the regional and country levels.
What is the size of the crop protection chemicals market, and at what CAGR is this market projected to grow during 2023–2030?In terms of value, the crop protection chemicals market is expected to reach $84.83 billion by 2030, at a CAGR of 3.3% from 2023 to 2030. In terms of volume, the market is expected to reach 10,423,115.5 tons by 2030, at a CAGR of 2.5% from 2023 to 2030.
Which type category held the major share of the market in 2023?Based on type, in 2023, the synthetic chemicals segment is expected to account for the largest share of the crop protection chemicals market.
Which is the high-growth mode of application segment of the crop protection chemicals market?Based on mode of application, the seed treatment segment is projected to witness significant growth during the forecast period of 2023–2030. The rapid growth of this segment is mainly driven by the increased germination and uniform seedling emergence, safety, and pest resistance advantages with the use of the seed treatment technique. In this method, microbial pesticides are often applied with chemical pesticides, as chemical pesticides provide early-season control, and microbial pesticides provide extended control.
What are the key factors supporting the growth of this market? What are the major opportunities for existing market players and new entrants in the crop protection chemicals market?The growth of this market is driven by the rising demand for low-cost crop protection solutions, the growing need to increase crop yield and quality, growing awareness about environmental safety, increasing adoption of advanced agricultural practices and technologies, and rapidly decreasing agricultural land.
Furthermore, an increasing focus on integrated pest management, the growing adoption of biological seed treatments, and emerging economies in Asia-Pacific and Latin America are expected to provide significant growth opportunities for players operating in this market.
Who are the major players operating in the crop protection chemicals market?The key players operating in the crop protection chemicals market are BASF SE (Germany), Bayer AG (Germany), Corteva, Inc. (U.S.), FMC Corporation (U.S.), Novozymes A/S (Denmark), Nufarm Limited (Australia), Syngenta AG (Switzerland), UPL Limited (India), Sumitomo Chemical Co., Ltd. (Japan), and Jiangsu Yangnong Chemical Co. Ltd (China).
Which regions/countries will likely offer significant growth opportunities for the vendors in this market during the analysis period?Countries from Europe & Asia-Pacific are projected to offer significant growth opportunities for the vendors in this market due to the increasing population and decreasing arable land, the presence of local and regional players, a huge area under organic cultivation, and increased cereals & grains production.