A variety of crop protection chemicals is available to control pests and diseases. These chemicals are highly selective and have been designed to cause minimal impact on non-target organisms. For example, they can be used to suppress the growth of weeds and control the growth of fungi on plants. They also exhibit low toxicity and rapidly degrade in the soil.
Market Dynamics:
Growing demand for food due to increasing population is a prime factor driving growth of the crop protection chemicals market. According to the Food and Agriculture Organization (FAO), the world population is expected to grow by over a third, or 2.3 billion, between 2009 and 2050. At the same time, per capita income is also projected to grow across the world. With the increasing per capita income and growing population, the demand for food is also estimated to grow, globally. For instance, as per FAO, the food demand in the United States is expected to increase by 50% to 90% by 2050. Moreover, increasing use of genetically modified crops is again augmenting market growth.
On the other hand, strict regulation regarding the usage of pesticides is projected to hinder the market growth.
Key features of the study:
- This report provides in-depth analysis of the global crop protection chemicals market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global crop protection chemicals market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Bayer CropScience, ChemChina Corporation, BASF SE, Corteva Agriscience, UPL Limited, FMC Corporation, Nufarm Ltd, Sumitomo Chemicals, American Vanguard Corporation, ISAGRO SpA, Bioworks Inc., Ishihara Sangyo Kaisha Ltd, Marrone Bio Innovations Inc., and Syngenta International AG
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global crop protection chemicals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global crop protection chemicals market
Detailed Segmentation:
- Global Crop Protection Chemicals Market, By Origin:
- Global Crop Protection Chemicals Market, By Type:
- Fungicide
- Insecticide
- Nematicide
- Herbicide
- Other types
- Global Crop Protection Chemicals Market, By Application:
- Grains and cereals
- Pulses and Oilseeds
- Fruits and Vegetables
- Commercial Crops
- Other crop types
- Global Crop Protection Chemicals Market, By Geography:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
- Company Profiles:
- Bayer CropScience
- ChemChina Corporation
- BASF SE
- Corteva Agriscience
- UPL Limited
- FMC Corporation
- Nufarm Ltd
- Sumitomo Chemicals
- American Vanguard Corporation
- ISAGRO SpA
- Bioworks Inc.
- Ishihara Sangyo Kaisha Ltd
- Marrone Bio Innovations Inc.
- Syngenta International AG
