United States Crop Protection Chemicals Market - Growth, Trends, and Forecasts (2023 - 2028)
The United States Crop Protection Chemicals Market is projected to register a CAGR 3.9% during the forecast period.
Key HighlightsGrowing concerns about personal health have led consumers to invest in organic products and to try new ones. The health implications associated with organic foods have become more important than ever as people look for ways to find overall wellness.
Due to the growing demand for food safety and quality, biopesticides are gaining increasing popularity in sustainable agriculture. The biopesticide sector has been driven by a growing awareness of sustainable food production, farmers' concerns about excessive chemical use, and the rising expense of chemical crop protection. According to the US Environmental Protection Agency (EPA), microbial pesticides accounted for around seven of the total biopesticides registered in the United States by the end of 2020. The large number of microbial pesticides registered in the country indicates a huge demand for these products.
Many government associations are coming up with sustainable programs for the development and implementation of biopesticides as part of integrated pest-management programs. The Forest Health Assessment and Applied Sciences Team (FHAAST) Biopesticides Program serves as an up-to-date information source on biopesticides, biologically based products such as semiochemicals and microbial agents, used by State and Private Forestry staffs, nationwide, for short-term control of invasive species.
In addition, some market players are involved in the production of environment-friendly bio-based crop protection chemicals. This would lead to an increase in the use of crop protection products by customers to produce organic crops and keep a balance with the environment. According to the USDA, the United States was a major exporter of organic commodities with the highest percentage for lettuce, apples, and grapes, in 2020. Multiple nematodes (roundworms), such as root-knot, cyst, sting, and lance, prevalent in a wide range of crops grown organically are expected to push the demand for bio-nematicides.
Herbicides Dominates the MarketHerbicides are chemical agents that are used to kill or inhibit the growth of unwanted plants, such as weeds in the home or on the farm, and invasive species. Chemical herbicides have a significant advantage over mechanical weed control in terms of ease of application, which often saves labor costs.
Glyphosate, 2,4-D, atrazine, glufosinate-ammonium, paraquat, pendimethalin, dicamba, fluroxypyr, and metolachlor are the commonly used synthetic herbicides. However, glyphosate is the primary driver of market growth. Glyphosate, sold under the brand name Roundup by Bayer, is the most widely used herbicide. It is a broad-spectrum, non-selective, systemic herbicide that accounts for 60% of the global market for non-selective herbicides. However, due to serious health concerns and the substance's carcinogenic nature, many states, European Union (EU) and many other countries worldwide have prohibited glyphosate. Many herbicides that are still widely used in the United States, in quantities ranging from tens to hundreds of millions of pounds per year, have been banned or are being phased out.
Bio-herbicides that use microbes as biological weed control agents are gaining popularity in integrated pest management techniques, along with synthetic herbicides. Although the segment constitutes only a small part of the industry, it is expected to grow at a significant rate. The Agricultural Chemical Use Program of USDA’s National Agricultural Statistics Service (NASS) conducted a survey in 19 states that accounted for 92.1% of the 93.4 million acres of land planted with corn in the United States in 2021, in which atrazine was the most widely used active ingredient (applied to 65% of planted acres), followed by mesotrione (47%) and glyphosate isopropylamine salt (41%). Thus, the growing need to increase crop yield and quality, control crop yield losses due to weeds in the country is the major factor driving the herbicides market.
United States Crop Protection Chemicals Industry OverviewThe United States Crop Protection Chemicals Market is highly consolidated, with major players occupying large market shares and competing fiercely with local players and private labels. The key players in the market include Bayer AG, BASF SE, Syngenta AG, Corteva Agriscience LLC, and FMC Corporation. Broadening the product portfolio by introducing new and innovative products into the market is the most adopted strategy by these companies. Along with innovations and expansions, investments in R&D and developing new formulas are likely to be crucial strategies in the coming years.
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