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What Are the Historical and Forecasted Market Size of the Global Crop Protection Chemicals Market?
The Crop Protection Chemicals Market has seen substantial growth in recent years, growing from $70.47 billion in 2024 to an estimated $75.3 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.9%. This growth was propelled by a rise in the demand for agricultural pest and disease control, innovations in pesticides and herbicides, improved farming practices, and an increasing global population.
The Market is expected to continue to grow robustly, reaching a projected size of $102.16 billion in 2029, with a CAGR of 7.9%. This projected growth can be attributed to factors like increasing global food demand, advances in precision agriculture, the emergence of new crop diseases, increasing trade and export demand, and advancements in biotechnology and genetic modification.
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What Are the Main Drivers Behind the Growth of the Crop Protection Chemicals Market?
The Crop Protection Chemicals Market is being extensively driven by the rising need for food due to population growth. As the world’s population expands, the demand for high-yielding crops and effective crop protection increases, pushing up the demand for crop protection chemicals. The Food and Agriculture Organization (FAO) reported in May 2022 that roughly 258 million people across 58 countries face acute food insecurity at crisis levels or worse. Driven by factors such as economic shocks and climate change, this worrying trend is likely to continue into 2023 and beyond, further driving demand for advanced crop protection solutions.
What Are the Primary Market Segments within the Crop Protection Chemicals Market?
1) By Type: Fungicide, Insecticide, Nematicide, Herbicide
2) By Origin: Synthetic, Bio-Based
3) By Mode Of Applications: Foliar Spray, Soil Treatments, Seeds Treatments, Other Mode Of Applications
4) By Applications: Grains And Cereals, Pulses And Oilseeds, Fruits And Vegetables, Commercial Crop
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Which Major Players Operate Within The Crop Protection Chemicals Market?
Leading companies in the Crop Protection Chemicals Market include BASF SE, Bayer CropScience AG, Syngenta International AG, Sumitomo Chemical Company Limited, Nufarm Limited, China National Chemical Corporation, Corteva Inc., UPL Limited, FMC Corporation, American Vanguard Corporation, among others.
What Are the Emerging Trends in the Crop Protection Chemicals Market?
Technological advancements are a key trend shaping the development of the Crop Protection Chemicals Market. Numerous companies in the sector are focusing on creating new technological solutions to promote their growth and meet consumer demand. For instance, in June 2024, Syngenta Crop Protection launched its innovative insecticide PLINAZOLIN technology and disease-targeting TYMIRIUM technology. The new technologies offer advanced solutions for both turf and ornamental crop protection.
Which is the Fastest-Growing Regional Market in the Global Crop Protection Chemicals?
North America was the largest region in the Crop Protection Chemicals Market in 2024, with Asia-Pacific expected to experience the fastest growth rate in the forecast period. The report also covers regional markets in Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Crop Protection Chemicals Market Report 2025 Offer?
Crop Protection Chemicals are employed to control and minimize crop diseases and weed growth. They constitute a type of agrochemical that includes a class of chemical substances designed to prevent the deterioration of crops due to pests and insect infestations. This Crop Protection Chemicals Market research report offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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