Crop Protection Chemicals Market Insights: Size, Share, Growth Analysis & Forecast (2024-2029)
The report covers a comprehensive analysis segmented by Types (Herbicides, Insecticides, Fungicides, Others), by Crop Types (Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Others), by Form (Dry, Liquid), by Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment, Others), by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).
Crop Protection Chemicals Market Snapshot
Crop Protection Chemicals Market Overview
The global Crop Protection Chemicals market is estimated to be at $80.98 Bn in 2024 and is anticipated to reach $100.35 Bn in 2029. The global crop protection chemicals market is registering a CAGR of 4.38% during the forecast period 2024-2029.
Crop protection chemicals, also known as pesticides or agrochemicals, are substances used in agriculture to protect crops from various threats and enhance their growth and yield. These chemicals, used to prevent or remove hazards to crop health to improve yields and quality, include insecticides, herbicides, fungicides, and bactericides. The industry has recently shown an increased interest in sustainable and eco-friendly formulations, driven by growing environmental consciousness.
Biological control and precision agricultural technologies are two components of integrated pest management (IPM) methods that are gaining traction. Conventional chemical pesticides are being replaced by more environmentally friendly options like biocontrol and biopesticides. Drones, artificial intelligence, and data analytics are examples of digital technologies that are being used to enhance precision farming and maximize the use of pesticides. The development of safer and more targeted formulations is being influenced by regulatory scrutiny and shifting consumer preferences. Collaborations and partnerships between agrochemical companies and technology firms are fostering innovation in the industry. In conclusion, the crop protection industry is moving towards more sustainable, efficient, and technology-driven solutions.
​​​Crop Protection Chemicals Market Coverage
| Historical & Forecast Period | 2018-2029 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Units | Million US$ |
| Segments | Types, Crop Types, Form, Mode of Application |
| Geographies | North America, South America, Asia Pacific, Europe, the Middle East, Africa |
| Key Vendors | BASF SE, The Dow Chem. Co., Nufarm Ltd., FMC Corp., Syngenta Group |
Key Geographies of Crop Protection Chemicals Market, 2023
Porter’s 5 Forces Analysis of Crop Protection Chemicals Market
Crop Protection Chemicals Market Trends
Integrated Pest Management (IPM) has become an increasingly popular strategy worldwide for managing pests while reducing the use of pesticides. Integrating pest management (IPM) incorporates various pest control strategies such as biological, cultural, and chemical measures to manage pests while limiting the efficient use of chemicals. This strategy preserves natural ecosystems and reduces chemical inputs, which supports sustainable agriculture. For example, farmers have adopted IPM strategies in California’s almond orchards to combat the navel orange worm, a major pest. This multi-faceted approach has successfully reduced pesticide use while maintaining crop quality, demonstrating the effectiveness of IPM in real-world agricultural settings.
The emergence of digital agriculture technologies, such as precision farming, remote sensing, and data analytics, has transformed crop protection practices. For example, John Deere’s ExactApply nozzle control system, introduced in 2022, uses advanced sensors and AI to adjust sprayer output in real time based on field conditions, vehicle speed, and turn compensation. With the help of these technologies, farmers may more effectively employ crop protection chemicals and increase yields by precisely targeting pest infestations, optimizing pesticide applications, and keeping an eye on crop health in real time. Crop protection chemicals are strictly regulated, and consumers are becoming increasingly aware of the need for safer and more environmentally friendly solutions. As a result, the industry is moving towards sustainable practices, with bio-based crop protection products gaining popularity.
Biologicals, such as biopesticides and bio fungicides, use naturally occurring substances or microorganisms to control pests and diseases while minimizing chemical residues in food and the environment. The trend towards sustainable agriculture is expected to continue, with the use of IPM strategies and digital agriculture technologies becoming increasingly important for crop protection. As farmers and the industry as a whole move towards more sustainable practices, they can expect to see continued innovation in crop protection and the development of new, safer, and more effective solutions.
Crop Protection Chemicals Market Driving Factors
There is a growing demand for food due to the rapid growth of the world’s population. Crop protection chemicals are essential for safeguarding crops from pests, diseases, and weeds, thereby enhancing agricultural productivity and ensuring food security. The growth of commercial agriculture, particularly in emerging economies, is driving the demand for crop protection chemicals. Effective pest management solutions are becoming more necessary as farmers use more advanced farming techniques and cultivate more land.
The continued development of crop protection technologies, such as the creation of new active ingredients, better formulations, and precise application techniques, is driving market growth. The ongoing advancement of crop protection technologies is a key driver of market growth, encompassing innovations in active ingredients, enhanced formulations, and precision application methods. For instance, in 2023, Syngenta introduced Adepidyn, a novel fungicide active ingredient that offers broad-spectrum control against various crop diseases. This breakthrough demonstrates how the development of new active compounds can significantly impact the crop protection market by providing farmers with more effective tools to combat evolving pest and disease challenges. The growing consumer preference for organic and sustainably produced food drives demand for bio-based and eco-friendly crop protection products.
As a result, manufacturers are investing in developing biopesticides, botanical extracts, and other natural solutions that align with these preferences. Numerous reasons, including population expansion, the need for agricultural productivity, technical improvements, climate change, regulatory pressures, evolving agricultural practices, and consumer preferences, are driving the crop protection chemicals industry.
Crop Protection Chemicals Market Challenges
The extended use of crop protection chemicals can unintentionally lead to resistance development in target organisms. This evolutionary change in pests, pathogens, and weeds gradually reduces the effectiveness of agrochemical treatments. As a result, farmers face the dual challenge of decreasing agricultural yields due to insufficient pest control and rising operational costs as they contend with increasingly resilient biological threats. The crop protection chemicals sector is subject to strict regulations to preserve agricultural products, public health, and the environment. Yet, different nations and areas have different legal requirements for product approval, labeling, and registration. This can create compliance challenges for manufacturers and increase the cost and time associated with bringing new products to market.
There is a growing public concern over the potential adverse effects of crop protection chemicals on human health and the environment. Pesticide residues in food, water contamination, and impacts on non-target organisms have raised awareness about the need for safer and more sustainable pest management practices. For instance, in 2022, a significant controversy erupted in France regarding using neonicotinoid pesticides on sugar beet crops. Despite a previous ban on these chemicals due to their harmful effects on bee populations, the French government granted a temporary exemption to sugar beet farmers. This decision sparked widespread protests and debates, highlighting the tension between agricultural productivity and environmental protection.
The shift towards sustainable agriculture practices, including organic farming and integrated pest management, presents a challenge for the crop protection chemicals industry. Consumers are increasingly demanding products that are produced using environmentally friendly methods with minimal chemical inputs. This trend necessitates the development of bio-based, natural, and low-residue crop protection solutions that align with sustainability objectives. The use of crop protection chemicals can have unintended ecological consequences, including harm to beneficial insects, soil organisms, and aquatic ecosystems.
Crop Protection Chemicals Market – Key Industry News
- In April 2024, FMC Corporation partnered with Novonesis in Canada to introduce biological solutions to Canadian farmers.
- In January 2024, Syngenta Group and Enko, a crop health company, introduced a new chemical compound for controlling crop fungal diseases.
- In October 2023, BASF Group invested significantly in a new fermentation facility that produced biological and biotechnology-driven crop protection solutions.
Crop Protection Chemicals Market Competitive Landscape
The market for crop protection chemicals is rather competitive, with several significant competitors that each have their own specializations and advantages. For example, BASF Group emerges with its broad portfolio, including products like F 500 fungicide, designed to combat a range of fungal diseases. The Dow Chemical Company, a division of Dow Inc., provides creative solutions like Enlist Duo, an herbicide that kills difficult weeds without endangering crops. Nufarm Ltd. is known for its extensive range of herbicides, insecticides, and fungicides, including Fury insecticide, which targets pests in various crops.
Tetrino is a powerful insecticide that FMC Corporation employs to control pests, including aphids and whiteflies. Tetrino is one of the company’s innovative crop protection solutions. Products like Actara, a systemic insecticide that works against various pests, and Acuron, a herbicide offering broad-spectrum weed management, are Syngenta Group’s main competitors. To stay competitive in the market, these businesses make use of their vast R&D capacities, international distribution networks, and tactical alliances. They constantly innovate in response to changing agricultural issues and to improve crop yields, which reflects the dynamic and rapidly changing nature of the sector.
Crop Protection Chemicals Market Company Share Analysis, 2023 (%)
Crop Protection Chemicals Market – Key Companies
Reason to Buy from us
Table of Contents
| 1. Introduction |
|---|
| 1.1. Research Methodology |
| 1.2. Scope of the Study |
| 2. Market Overview / Executive Summary |
| 2.1. Global Crop Protection Chemicals Market (2018 – 2022) |
| 2.2. Global Crop Protection Chemicals Market (2023 – 2029) |
| 3. Market Segmentation |
| 3.1. Global Crop Protection Chemicals Market by Types |
| 3.1.1. Herbicides |
| 3.1.2. Insecticides |
| 3.1.3. Fungicides |
| 3.1.4. Others |
| 3.2. Global Crop Protection Chemicals Market by Crop Types |
| . undefined |
| 3.2.1. Fruits & Vegetables |
| 3.2.2. Grains & Cereals |
| 3.2.3. Pulses & Oilseeds |
| 3.2.4. Others |
| 3.3. Global Crop Protection Chemicals Market by Form |
| 3.3.1. Dry |
| 3.3.2. Liquid |
| 3.4. Global Crop Protection Chemicals Market by Mode of Application |
| 3.4.1. Foliar Spray |
| 3.4.2. Seed Treatment |
| 3.4.3. Soil Treatment |
| 3.4.4. Others |
| 4. Regional Segmentation |
| 4.1. North America |
| 4.1.1. The U.S |
| 4.1.2. Canada |
| 4.1.3. Mexico |
| 4.2. South America |
| 4.2.1. Brazil |
| 4.2.2. Argentina |
| 4.2.3. Colombia |
| 4.2.4. Chile |
| 4.2.5. Rest of South America |
| 4.3. Asia Pacific |
| 4.3.1. China |
| 4.3.2. India |
| 4.3.3. Japan |
| 4.3.4. South Korea |
| 4.3.5. Rest of Asia Pacific |
| 4.4. Europe |
| 4.4.1. UK |
| 4.4.2. Germany |
| 4.4.3. Italy |
| 4.4.4. France |
| 4.4.5. Spain |
| 4.4.6. Rest of Europe |
| 4.5. The Middle East |
| 4.5.1. Turkey |
| 4.5.2. UAE |
| 4.5.3. Saudi Arabia |
| 4.5.4. Rest of the Middle East |
| 4.6. Africa |
| 4.6.1. Egypt |
| 4.6.2. South Africa |
| 4.6.3. Rest of Africa |
| 5. Value Chain Analysis of the Global Crop Protection Chemicals Market |
| 6. Porter Five Forces Analysis |
| 6.1. Threats of New Entrants |
| 6.2. Threats of Substitutes |
| 6.3. Bargaining Power of Buyers |
| 6.4. Bargaining Power of Suppliers |
| 6.5. Competition in the Industry |
| 7. Trends, Drivers and Challenges Analysis |
| 7.1. Market Trends |
| 7.1.1. Market Trend 1 |
| 7.1.2. Market Trend 2 |
| 7.1.3. Market Trend 3 |
| 7.2. Market Drivers |
| 7.2.1. Market Driver 1 |
| 7.2.2. Market Driver 2 |
| 7.2.3. Market Driver 3 |
| 7.3. Market Challenges |
| 7.3.1. Market Challenge 1 |
| 7.3.2. Market Challenge 2 |
| 7.3.3. Market Challenge 3 |
| 8. Regulatory Landscape |
| 9. Competitive Landscape |
| 9.1. BASF SE |
| 9.2. The Dow Chem |
| 9.3. Nufarm Ltd. |
| 9.4. FMC Corp. |
| 9.5. Syngenta Group |
| 9.6. Company 6 |
| 9.7. Company 7 |
| 9.8. Company 8 |
| 9.9. Company 9 |
| 9.10. Company 10 |
Crop Protection Chemicals Market – Frequently Asked Questions (FAQs)
What is the current size of the global crop protection chemicals market?
The market size for the global crop protection chemicals market in 2024 is $80.98 Mn.
Who are the major vendors in the global crop protection chemicals market?
The major vendors in the global crop protection chemicals market are BASF SE, and The Dow Chem. Co., Nufarm Ltd., FMC Corp., Syngenta Group.
Which segments are covered under the global crop protection chemicals market segments analysis?
This report offers in-depth insights into each type, crop type, form, and mode of application.