Pesticides Market

Global Pesticides Market

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Riddhesh

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Riddhesh Dani

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Shruti Bhat

Global Pesticides Market Outlook 2031

The global pesticides market size was USD 85.12 Billion in 2022 and is anticipated to reach USD 183.35 Billion by 2031 expand at substantial CAGR 8.9% during the forecast period, between 2023 to 2031. Pesticides are chemicals that are used to kill insects and weeds. Herbicides, insecticides, termiticides, nematicides, molluscicides, piscicides, avicides, rodenticides, fungicides, and other pesticides are all included in the term, pesticide.

To preserve crops from deterioration during storage and transportation, pesticides are administered before or after harvest. Pesticides are sold by companies that manufacture and supply agricultural and domestic pest control chemicals in the pesticides manufacturing industry (except fertilizers).

Pesticides Market Outlook

The pesticide and other agricultural chemical industry consists of businesses that specialize in the development and manufacture of agricultural and domestic pest control chemicals. Pesticides improve farm produce, storage, and distribution, hence the pesticides market is projected to grow over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities:

  • Increased demand for food grains, limited agricultural land, and increased exports is expected to drive the global pesticides market.
  • Growing emphasis on reducing agricultural production losses and improving the nutritional quality of the product is anticipated to fuel the market.
  • Pesticide use on farms decreased as a result of the development of alternative pest management tactics such as integrated pest management (IPM) and is expected to restrain the growth of market over the forecast period
  • Crop protection policies implemented by various governments and organizations, which result in weed management programs, are expected to have a favorable impact on the global pesticides market.

Scope of The Pesticides Market Report:

The report on the global pesticides market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Pesticides Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Bio pesticides, Synthetic Pesticides, and Others) Crop Types (Vegetables & Fruits, Oilseeds and Pulses, Cereals & Grains, Commercial Crops, Plantation Crops, Turf & Ornamentals, and others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Syngenta, Bayer AG, BASF SE, Dow , FMC Corporation, Sumitomo Chemical Co., Ltd, Wacker Chemie AG, UPL, Jubaili Agrotec , and Aimco Pesticides LTD.

Pesticides Market Segment Insights:

Synthetic segment to hold significant market share

Based on types, the pesticides market is segmented into bio pesticides, synthetic pesticides, and others. The synthetic pesticides segment is expected to account for a considerable share of the pesticides market. Many biopesticides have various mechanisms of action, including as mating disruption, antifeeding, suffocation, and desiccation, whereas most synthetic pesticides are neurotoxic to pests.

Reduced cultivable land, rising food demand, high adoption of genetically modified (GM) crops, and acceptance of innovative agricultural practices all contribute to the use of synthetic pesticides.

Pesticides Market Types

Rising need for food security to drive pesticide use in grain production

Based on crop types, the pesticides market is segmented into vegetables & fruits oilseeds and pulses, cereals & grains, commercial crops, plantation crops, turf & ornamentals, and others. The pesticides market is projected to be dominated by the cereals and grains segment. Pesticide use in grain production increased as a result of rising need for food security, as well as the onset of climate change and the possibility of increased drought.

Several global organizations launched initiatives to raise awareness about the use of pesticides in grain production among farmers. The United Nations launched a project in Lesotho called "Strengthening the capacity of smallholder farmers, extension staff, and agro-dealers on judicious use of herbicides".

Global Pesticides Market Crop Types

Asia Pacific is expected to be the fastest growing region

In terms of regions, the global pesticides market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. During the forecast period, the market in Asia Pacific is expected to drive the global pesticides market. Developing economies such as China and India are concentrating their efforts on improving crop productivity and efficiency in rural areas, due to tremendous growth potential of crops in the region.

Climate variability in Asia Pacific allowed for the development of a diverse range of crops, which is projected to benefit the agricultural industry over the projection period. Wheat, rice, and vegetables are major exports from Asia Pacific. Significant demand for pesticides persists in this region, hence crop-based pesticides are projected to drive the pesticide market in Asia Pacific.

Pesticides Market Regions

Segments

By Types

  • Bio pesticides
  • Synthetic Pesticides
  • Others

By Crop Types

  • Vegetables & Fruits
  • Oilseeds and Pulses
  • Cereals & Grains
  • Commercial Crops
  • Plantation Crops
  • Turf & Ornamentals
  • Others

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

By Key Players

  • Syngenta
  • Bayer AG
  • BASF SE
  • Dow
  • FMC Corporation
  • Sumitomo Chemical Co., Ltd
  • Wacker Chemie AG
  • UPL
  • Jubaili Agrotec
  • Aimco Pesticides LTD

Competitive Landscape

Key players in the global pesticides market are Syngenta, Bayer AG, BASF SE, Dow , FMC Corporation, Sumitomo Chemical Co., Ltd, Wacker Chemie AG, UPL, Jubaili Agrotec , and Aimco Pesticides LTD. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Pesticides Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pesticides Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pesticides Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pesticides Market - Supply Chain
  4.5. Global Pesticides Market Forecast
     4.5.1. Pesticides Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pesticides Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Pesticides Market Absolute $ Opportunity
5. Global Pesticides Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Pesticides Market Size and Volume Forecast by Types
     5.3.1. Bio pesticides
     5.3.2. Synthetic Pesticides
     5.3.3. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Pesticides Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Pesticides Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Pesticides Demand Share Forecast, 2019-2026
7. North America Pesticides Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Pesticides Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Pesticides Market Size and Volume Forecast by Types
     7.4.1. Bio pesticides
     7.4.2. Synthetic Pesticides
     7.4.3. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Pesticides Demand Share Forecast, 2019-2026
8. Latin America Pesticides Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Pesticides Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Pesticides Market Size and Volume Forecast by Types
     8.4.1. Bio pesticides
     8.4.2. Synthetic Pesticides
     8.4.3. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Pesticides Demand Share Forecast, 2019-2026
9. Europe Pesticides Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Pesticides Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Pesticides Market Size and Volume Forecast by Types
     9.4.1. Bio pesticides
     9.4.2. Synthetic Pesticides
     9.4.3. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Pesticides Demand Share Forecast, 2019-2026
10. Asia Pacific Pesticides Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Pesticides Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Pesticides Market Size and Volume Forecast by Types
     10.4.1. Bio pesticides
     10.4.2. Synthetic Pesticides
     10.4.3. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Pesticides Demand Share Forecast, 2019-2026
11. Middle East & Africa Pesticides Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Pesticides Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Pesticides Market Size and Volume Forecast by Types
     11.4.1. Bio pesticides
     11.4.2. Synthetic Pesticides
     11.4.3. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Pesticides Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Pesticides Market: Market Share Analysis
  12.2. Pesticides Distributors and Customers
  12.3. Pesticides Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Syngenta
     12.4.2. Bayer AG
     12.4.3. BASF SE
     12.4.4. Dow
     12.4.5. FMC Corporation
     12.4.6. Sumitomo Chemical Co., Ltd
     12.4.7. Wacker Chemie AG
     12.4.8. UPL

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