Crop Protection Chemicals Market – Global Forecast to 2029
The global market for crop protection chemicals is estimated at USD 79.3 billion in 2024 and is projected to reach USD 101.0 billion by 2029, at a CAGR of 5.0% during the forecast period.
世界の農薬市場は、2024 年に 793 億米ドルと推定され、予測期間中の CAGR は 5.0% で、2029 年までに 1,010 億米ドルに達すると予測されています。
The growth of the crop protection chemicals market is driven by the imperative to increase agricultural productivity amidst a growing global population, mitigate the impacts of climate change on crop health, adopt advanced agricultural technologies, comply with regulatory standards, ensure economic viability in agriculture, meet consumer demands for quality and safety, and capitalize on market opportunities for innovative solutions. These factors collectively underscore the essential role of crop protection chemicals in modern agriculture and their ongoing significance in ensuring food security and sustainability.
The report provides insights on the following pointers:
• Analysis of key drivers (increasing need of food security for the rising population, advancement in farming practices and technologies, and heavy crop loss due to pest attacks), restraints (pesticide residue problems and stringent government regulations) opportunities (rapid growth in the biopesticides market, immense opportunities in developing countries, and integrated pest management (IPM)), and challenges (evolution of biotechnology and increasing acceptance of GM crops and pest resistance).
• Product Development/Innovation: Detailed insights on research & development activities and new product launches in the crop protection chemicals market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the crop protection chemicals market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the crop protection chemicals market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like BASF SE (Germany), Bayer AG (Germany), FMC Corporation (US), Syngenta Group (Switzerland), Corteva (US), UPL (India), Nufarm (Australia), Sumitomo Chemical Co., Ltd (Japan), Albaugh LLC (US), Koppert (Netherlands), Gowan Company (US), American Vanguard Corporation (US), Kumiai Chemical Industry Co., Ltd (Japan), PI Industries (India), Chr. Hansen A/S (Denmark), Certis USA L.L.C (US), Sipcam Oxon Spa (Italy), Biobest Group NV (Belgium), Vestaron Corporation (US), BIONEMA (UK), Wynca Group (China), Lier Chemical Co., Ltd (China), HELM AG (Germany), Jiangsu Yangnong Chemical Co., Ltd (China), Nanjing Red Sun Co., Ltd (China).