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Crop Protection Chemical Trends and Forecast
The future of the global crop protection chemical market looks promising with opportunities in the fruits & vegetables, cereals & grains,and oilseeds & pulses markets. The global crop protection chemical market is expected to reach an estimated $68.3 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for food in worldwide, rising use of this substance in pre- and post-harvest crops, and increasing demand for bio-based pesticides.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Crop Protection Chemical by Segment
The study includes a forecast for the global crop protection chemical by product, application, and region.
Crop Protection Chemical Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Herbicides
• Fungicides
• Insecticides
• Biopesticides
• Others
Crop Protection Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others
Crop Protection Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Crop Protection Chemical Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies crop protection chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the crop protection chemical companies profiled in this report include-
• BASF SE
• Syngenta
• Bayer Crop Science
• Corteva
• PI Industries
• Cheminova
• Hansen
Crop Protection Chemical Market Insights
Lucintel forecasts that herbicides is expected to witness highest growth over the forecast period due to its significant use in agricultural fields to minimize unwanted weeds and enhance farming.
Cereals & grains will remain the largest segment due to significant usage of crop protection agents in these crops to improve output and reduce pests and diseases.
APAC is expected to witness highest growth over the forecast period due to continuous population growth, presence of key manufacturers, and existence of major agricultural base in the region.
Features of the Global Crop Protection Chemical Market
Market Size Estimates: Crop protection chemical market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Crop protection chemical market size by product, application, and region in terms of value ($B).
Regional Analysis: Crop protection chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the crop protection chemical market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the crop protection chemical market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the crop protection chemical market size?
Answer: The global crop protection chemical market is expected to reach an estimated $68.3 billion by 2030.
Q.2 What is the growth forecast for crop protection chemical market?
Answer: The global crop protection chemical market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the crop protection chemical market?
Answer: The major drivers for this market are growing demand for food in worldwide, rising use of this substance in pre- and post-harvest crops, and increasing demand for bio-based pesticides.
Q4. What are the major segments for crop protection chemical market?
Answer: The future of the crop protection chemical market looks promising with opportunities in the fruit & vegetable, cereal & grain, and oilseed & pulse applications.
Q5. Who are the key crop protection chemical market companies?
Answer: Some of the key crop protection chemical companies are as follows:
• BASF SE
• Syngenta
• Bayer Crop Science
• Corteva
• PI Industries
• Cheminova
• Hansen
Q6. Which crop protection chemical market segment will be the largest in future?
Answer: Lucintel forecasts that herbicides is expected to witness highest growth over the forecast period due to its significant use in agricultural fields to minimize unwanted weeds and enhance farming.
Q7. In crop protection chemical market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to continuous population growth, presence of key manufacturers, and existence of major agricultural base in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the crop protection chemical market by product (herbicides, fungicides, insecticides, biopesticides, and others), application (cereals & grains, oilseeds & pulses, fruits & vegetables, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to crop protection chemical market or related to crop protection chemical companies, crop protection chemical market size, crop protection chemical market share, crop protection chemical market growth, crop protection chemical market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Crop Protection Chemical Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Crop Protection Chemical Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Crop Protection Chemical Market by Product
3.3.1: Herbicides
3.3.2: Fungicides
3.3.3: Insecticides
3.3.4: Biopesticides
3.3.5: Others
3.4: Global Crop Protection Chemical Market by Application
3.4.1: Cereals & Grains
3.4.2: Oilseeds & Pulses
3.4.3: Fruits & Vegetables
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Crop Protection Chemical Market by Region
4.2: North American Crop Protection Chemical Market
4.2.1: North American Crop Protection Chemical Market by Product: Herbicides, Fungicides, Insecticides, Biopesticides, and Others
4.2.2: North American Crop Protection Chemical Market by Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others
4.3: European Crop Protection Chemical Market
4.3.1: European Crop Protection Chemical Market by Product:Herbicides, Fungicides, Insecticides, Biopesticides, and Others
4.3.2: European Crop Protection Chemical Market by Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others
4.4: APAC Crop Protection Chemical Market
4.4.1: APAC Crop Protection Chemical Market by Product: Herbicides, Fungicides, Insecticides, Biopesticides, and Others
4.4.2: APAC Crop Protection Chemical Market by Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others
4.5: ROW Crop Protection Chemical Market
4.5.1: ROW Crop Protection Chemical Market by Product: Herbicides, Fungicides, Insecticides, Biopesticides, and Others
4.5.2: ROW Crop Protection Chemical Market by Application: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Crop Protection Chemical Market by Product
6.1.2: Growth Opportunities for the Global Crop Protection Chemical Market by Application
6.1.3: Growth Opportunities for the Global Crop Protection Chemical Market by End Use Industry
6.1.4: Growth Opportunities for the Global Crop Protection Chemical Market by Region
6.2: Emerging Trends in the Global Crop Protection Chemical Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Crop Protection Chemical Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Crop Protection Chemical Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BASF SE
7.2: Syngenta
7.3: Bayer Crop Science
7.4: Corteva
7.5: PI Industries
7.6: Cheminova
7.7: Hansen
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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