Crop Protection Chemicals Market Size By Product (Herbicides, Fungicides, Insecticides, Biopesticides), By Source (Synthetic, Natural), By Crop Type (Cereal and Grains, Fruits and Vegetables, Oilseed and Pulses), By Form (Dry, Liquid), By Application & Forecast, 2023 – 2032

Crop Protection Chemicals Market Size

Crop Protection Chemicals Market was valued at around USD 88.2 billion in 2022 and is estimated to register a CAGR of 4.2% between 2023 and 2032. The primary driver for crop protection chemicals is the need to control and manage pests, diseases, and weeds that can negatively impact crop yields and quality. As global agriculture faces increasing challenges from invasive pests and emerging diseases, the demand for effective chemical solutions grows.
 

As the global population continues to grow, there is increasing pressure on the agricultural sector to produce more food. Farmers turn to crop protection chemicals to maximize crop yields and ensure a consistent food supply. Crop rotation and diversification are common practices in modern agriculture to improve soil health and reduce pest pressure.
 

Stringent regulations and evolving pesticide registration requirements can create hurdles for manufacturers. The environmental impact of crop protection chemicals, including pesticides and herbicides, is a significant concern. The development of resistance in pests, diseases, and weeds to commonly used crop protection chemicals is an ongoing challenge. Thus, the risks associated with Crop protection chemicals may drive down the acceptance rate, further hampering the business growth.
 

COVID-19 Impact

The pandemic influenced changes in consumer food preferences and purchasing patterns. There was an increased demand for certain crops, such as staple foods and vegetables, while demand for non-essential or luxury crops declined. This shift affected the types and quantities of crop protection chemicals needed. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the crop protection chemicals industry growth in the upcoming years.
 

Crop Protection Chemicals Market Trends

There is a growing trend towards the use of biologicals and biopesticides, which are derived from naturally occurring microorganisms, plant extracts, and other biological sources. These products are seen as more environmentally friendly and have fewer negative impacts on non-target organisms. IPM practices are becoming increasingly popular as they focus on holistic pest management strategies that reduce the reliance on chemical pesticides.
 

Based on product type, the market is segmented as Herbicides, Fungicides, Insecticides, Biopesticides, Others. Herbicides held a majority market value of USD 35.2 billion in 2022. The primary driver for herbicides is the need to control weeds, which compete with crops for resources like sunlight, water, and nutrients.
 

Based on source, the market is segmented as Synthetic, Natural. Synthetic held a dominant market share of around 80% in 2022 and is expected to grow at a lucrative pace by 2032. Synthetic chemicals are often favored for their quick and reliable pest control. Farmers demand effective solutions to protect their crops from pests, diseases, and weeds.
 

Based on crop type the crop protection chemicals market is segmented as Cereal and Grains, Fruits and Vegetables, Oilseed and Pulses, Others. Cereal and Grains held a dominant market share in 2022 and is anticipated to grow at 4.2% CAGR by 2032. Cereal crops are staple foods globally, and protecting their yields from pests and diseases is crucial for food security. Thus, the high-quality services and growing usage of Crop protection chemicals are anticipated to expedite the business growth.
 

Based on crop type the market is segmented as Dry, Liquid. Dry held a dominant market share in 2022 and is anticipated to grow by 2032. Dry flowables are easy to mix with water and provide a combination of benefits from both solid and liquid formulations.
 

Based on application the market is segmented as Foliar Spray, Seed Treatment, Soil Treatment, Others. Foliar spray held a dominant market share in 2022 and is anticipated to grow by 2032. Foliar spray allows for direct application to plant foliage, providing effective control of pests and diseases.
 

U.S. dominated the North American region with majority market share and a revenue of USD 35.2 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North America is home to a wide variety of pests and diseases that affect crops. The need to manage these threats drives demand for effective crop protection chemicals. Thus, the above-mentioned variables would augment the crop protection chemicals business growth in the North America positively.
 

Crop Protection Chemicals Market Share

Some of the major industry players operating in the crop protection chemicals market are

• Nippon Paper Industries Co., Ltd.
• Stora Enso
• South African Pulp & Paper Industries
• Mondi plc
• ITC Limited
• Smurfit Kappa Group
• Oji Holding Corporation
• International Paper Group
• Svenska Cellulosa Aktiebolaget

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Crop Protection Chemicals Industry News

• In May 2022, Syngenta launched Victrato, a seed treatment through its seed care segment, which targets nematodes and significant soil-borne fungi, improving the quality and productivity of various crops like soybeans, corn, cereals, cotton, and rice.
   
• In May 2021, China's two centrally-administered, state-owned chemical manufacturers - Sinochem and ChemChina - were being restructured and merged to form a behemoth.
   

Crop protection chemicals market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:

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Market, By Product

• Herbicides
• Fungicides
• Insecticides
• Biopesticides
• Others

Market, By Source

• Synthetic
• Natural

Market, By Crop Type

• Cereal and Grains
• Fruits and Vegetables
• Oilseed and Pulses
• Others

Market, By Form

• Dry
• Liquid

Market, By Application

• Foliar Spray
• Seed Treatment
• Soil Treatment
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt