Pesticides Market – Global Industry Analysis Outlook and Forecast (2024-2030)

Pesticides Market size was valued at US $ 1.30 Bn. in 2023 and the total revenue is expected to grow at 11.5 % through 2024 to 2030, the Pesticides market is reaching nearly US $ 2.79 Bn in 2030.
Pesticides Market Overview:
Pesticidess are chemicals that are used to kill or control a variety of agricultural pests that can harm crops and livestock, as well as diminish farm productivity. Agricultural chemicals (also known as agrochemicals) are chemical agents used to control crop-harming organisms such as fungicides, herbicides, and insecticides. Pesticides ranks 552 in the Product Complexity Index. In 2023 world trade of Pesticidess is US $ 36.4 Bn, the top importer in Pesticidess were Brazil (US $ 3.75Bn), France (US$ 2.01Bn), and the United States (the US $ 1.58Bn). The top exporters were china (the US $ 5.25Bn), France (US $ 4Bn), and India (the US $ 2.63Bn). The use of Pesticidess s in the farm fields, Home gardening, etc.To know about the Research Methodology :- Request Free Sample Report
Pesticides Market Dynamics:
New Farming Techniques
Pesticides demand is increasing as farmers throughout the globe embrace intensive agricultural techniques to increase production per acre. Intensive farming is a Pesticides Type of agricultural intensification and mechanization that tries to optimize yields from available land by using Pesticidess s and chemical fertilizers in large quantities. These strategies aid in meeting the growing population's demand for food and preventing food shortages. Pesticides demand is driven by intensive farming techniques such as monoculture. Monoculture is the practice of extensively growing one Pesticides Type of crop across a vast region, depleting soil nutrients and making it reliant on Pesticidess.
Used of Alternative Techniques –
Pesticides use has been reduced on farms due to the development of alternative strategies such as integrated pest management (IPM) and crop rotation. IPM farms may use pest-resistant crop Pesticidess Types, predatory insects to kill plant-eating pests, mechanical pest traps, and plugging under harvested crops to eradicate pest nesting places. As people became more aware of the negative consequences of Pesticides use, approaches like these became more frequently employed, limiting the market's expansion.
Increasing Opportunity for Nano-insecticides –
Nanotechnology and nanoparticles are being used by toxicologists and horticulturists all over the world to generate new, ecologically acceptable insecticides. Pharmaceuticals, medical equipment, and chemical industries have all been transformed by nanoparticles. Because a huge number of Pesticidess are non-toxic, most engineers feel that nanotechnology can help make them safer. Insecticides may be made more effective with adequate research and development, resulting in a large reduction in the number of insecticides sprayed on agricultural areas.
Environment-Friendly Options –
Herbicide manufacturers are progressively spending in research and development in order to create environmentally acceptable alternatives. Many countries are considering prohibiting the use of dangerous herbicides like glyphosate, which emit toxic chemicals into the environment. Companies are investing in processes to produce glyphosate replacements that are less hazardous. For example, Syngeta AG, produced "Acuron" in May 2016, a corn herbicide targeted at tough weeds. Companies are likely to continue developing new Pesticides Types of herbicides with low environmental impact.

Opportunities - Brazil’s Pesticides s market will grow the greatest, reaching $7.09 billion. Increased adjuvant use, adoption of bio Pesticides s, expanding the scope of Nano-insecticides, environmentally friendly alternatives, consolidation of major players, safety regulations leading to product development, low prices leading to increased demand for inorganic fungicides in developing countries, and investing in new product development are all market-trend-based strategies for the Pesticides market. Integrating agronomic experience, reinforcing M&A strategies to extend product portfolio, new product launches, and approvals, and investing in research and development are all methods used by players in the Pesticides market.
Pesticides Market Segments:
The Pesticides market is sub-segmented into by Pesticides Type and Crop Pesticides Type.

Based on Pesticides Type, the market is sub-segmented into Bio- Pesticides, Synthetic Pesticides, and others. In 2023, the synthetic Pesticides s category accounted for a considerable portion of the Pesticides s market. Due to enhanced Pesticides utilisation efficiency, the worldwide synthetic Pesticides market is expected to grow throughout the forecast period. Reduced cultivable area, rising food demand, increased adoption of genetically modified (GM) crops, and acceptance of innovative agricultural practises are all factors driving the use of synthetic Pesticidess. According to a study published in the Proceedings of the International Academy of Ecology and Environmental Sciences (IAEES), limiting Pesticides use during the production of fruits, vegetables, and cereals could result in a 78 percent reduction in yield.

Based on Crop Type, the market is sub-segmented into Vegetables & Fruits, Oilseeds & Pulses, Cereals & Grains, Commercial Crops, Plantation Crops, Turfs & Ornamentals and Others. In 2023, the cereals and grains segment accounted for a large portion of the Pesticides market. The growing demand for food security, as well as the start of climate change and the threat of increased drought, have all contributed to an increase in Pesticides use in grain farming. Several international organisations have initiated campaigns to educate farmers about Pesticides use in grain production. For example, the United Nations initiated a project in Lesotho called "Strengthening the capacity of smallholder farmers, extension personnel, and agro-dealers on judicious use of herbicides" to improve farmers' awareness of herbicides and other Pesticides s and preserve community health.
Pesticides Market Regional Insights:
In 2023 the North American region dominating in the Pesticides s Market. Cereals and grains made for a substantial percentage of the Pesticides s market in 2023. Pesticides use in grain production has increased as a result of rising food security demands, as well as the onset of climate change and the danger of increased drought. Several worldwide organisations have launched initiatives to raise awareness about the use of Pesticidess s in grain production among farmers. For example, the UN launched a project called "Strengthening the capacity of smallholder farmers, extension professionals, and agro-dealers on judicious use of herbicides" to raise farmers' awareness of herbicides and other Pesticidess s and protect community health. Pesticidess are widely used in developing countries, and demand is growing as a result of the current food production system, which promotes high agricultural yields. Pesticidess, which are made up of chemicals that can control pests or influence plant growth, are one way for developing countries to boost harvests. As a result, insecticides might be the only way to protect crops.

The objective of the report is to present a comprehensive analysis of the global Pesticides market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Pesticides market dynamics, structure by analyzing the market segments and projecting the global Pesticides market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Pesticides market make the report investor’s guide.
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Pesticides Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
USD 1.30 Billion


Forecast Period 2024 to 2030 CAGR:
11.5%
Market Size in 2030:
USD 2.79 Billion


 Segments Covered:
by Type
Liquid Pesticides Type
Insecticides
Herbicides
Fungicides
Rodenticides
Others
Dry Pesticides Type
Insecticides
Herbicides
Fungicides
Rodenticides
Others


by Product
Liquid Pesticides Products
Bio- Pesticides
Synthetic Pesticides
Others
Dry Pesticides Products
Bio- Pesticides
Synthetic Pesticides
Others


by Crop Type
Liquid Pesticides for Crop Type
Vegetables & Fruits
Oilseeds & Pulses
Cereals & Grains
Commercial Crops
Plantation Crops
Others
Dry Pesticides for Crop Type
Vegetables & Fruits
Oilseeds & Pulses
Cereals & Grains
Commercial Crops
Plantation Crops
Others



Pesticides Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Pesticides Market key player
1.The DOW Chemical Company
2.BASF SE
3. Bayer AG
4. Syngenta AG
5. Sibbiopharm Ltd.
6. Doff Portland Ltd.
7. Aeroxon Insect Control GmbH
8. Zotal Laboratories
9. GVI Life Care Co., Ltd.
10. DAEGIL Co., Ltd.
11. Hebei Maison Chemical Co., Ltd.
12. Aristo Biotech and Life Science Pvt. Ltd.
13. Corteva Agriscience
14. FMC Corporation
15. Adama Agricultural Solutions
16. UPL Limited
17. Nufarm Limited
18. Sumitomo Chemical
19. Arysta LifeScience
20. Nissan Chemical Corporation
21. Nippon Soda Co., Ltd.
22. Makhteshim Agan (Adama)
23. Rallis India Limited
24. Amvac Chemical Corporation
25. Wynca Group
26. Albaugh LLC
27. Lier Chemical
28. Ishihara Sangyo Kaisha Ltd.
29. Zhejiang Wynca Chemical Group
Frequently Asked Questions:
1) What was the market size of Global Pesticides Market markets in 2023?
Ans - Global Pesticides Market Size was worth US$ 1.30 Bn in 2023.

2) What is the market segment of the Pesticides Market?
Ans -The market segments are based on Metal and Application.

3) What is the forecast period considered for Global Pesticides Market?
Ans -The forecast period for Global Pesticides Market is 2024 to 2030.

4) What is the market size of Global Pesticides Market markets in 2030?
Ans – Global Pesticides is estimated as worth US$ 2.79 Bn.

5) Which region is dominated in Global Pesticides Market?
Ans -In 2023, the North America region dominated the Global Pesticides Market.