Specialty Pesticides Market

Pesticides are chemicals used in industrial agriculture. The pesticides are improves soil fertility, making crops more productive, also protects crops by controlling weeds (herbicides), insect and animal infestation (insecticides and rodenticides), and fungal/mold diseases (fungicides and rodenticides) (fungicides).

Market Dynamics

Specialty pesticides have high specificity, which means that certain specialty pesticides may only be effective on certain pests such as herbicides to kill weeds, fungicides to control mildew and fungi, and rodenticides for killing rodents. This, in turn, may require use of multiple products, which may not be commercially viable.

Agricultural product such as herbicides and pesticides are rapidly increasing in demand around the world. Therefore, demand for food  is also rapidly rising, particularly in East Asia and the South Asia Pacific. Thus, population growth is the primary factor driving demand for agricultural products.

With growing environmental awareness, there has been a significant shift in the consumer base towards organic foods in the recent past. Organic foods are grown without the use of synthetic chemicals, such as pesticides, which is expected to reduce pesticide sales in the future. As specialty pesticides are synthetic chemicals, their residues are harmful to the environment and living organisms. Concerns about this factor are expected to be a major restraint to the market's overall growth. Pesticides are also dangerous to people's health and safety. People in every part of our food system — producers, workers, and consumers — can be exposed to potentially harmful levels of pesticides as a result of their widespread use.

Key features of the study:

• This report provides an in-depth analysis of global specialty pesticides market, its market size (US$ Bn & KT), and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new material type launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the specialty pesticides market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
• Global specialty pesticides market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing global specialty pesticides market

Detailed Segmentation:

• Global Specialty Pesticides Market, By Type:
  • Fungicides
  • Herbicides
  • Insecticides
  • Others
• Global Specialty Pesticides Market, By Application:
  • Grains and Cereals
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Others
• Global Specialty Pesticides Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Europe
    • By Country:
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • South Korea
      • ASEAN
      • Australia
      • Rest of Asia Pacific
  • Latin America
    • By Country:
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • By Sub-region:
      • Middle East
      • Africa
• Company Profiles
  • Syngenta (ChemChina)*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Bayer CropScience LLC
  • BASF
  • Dow AgroScinces
  • ADAMA
  • Nufarm
  • Sumitomo Chemical Co., Ltd.
  • UPL
  • FMC Corporation
  • Huapont Life Sciences Co., Ltd.

“*” marked represents similar segmentation in other categories in the respective section.