Latest News- Agricultural Pesticides Market: Herbicides is expected to lead the Type segment during 2025-2029

The Agricultural Pesticides Market is being driven by Increased use of herbicides

The Agricultural Pesticides Market is expected to grow at a CAGR of 4.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 24623.4 million. The agricultural pesticides market is witnessing significant growth due to the increasing demand from farmers to mitigate crop damage caused by pest attacks. Pest infestations represent a major threat to agricultural production, leading to substantial losses. Moreover, the reduction in arable land in various countries is further fueling the need for effective pesticide solutions. In response, market vendors are expanding their product offerings by introducing new agricultural pesticides. One such recent launch is Adama Ltd.'s Isocycloseram, an innovative insecticide introduced on March 9, 2024, offering advanced pest control capabilities. Such product launches not only help vendors broaden their customer base but also bolster their market presence in the global agricultural pesticides industry. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased use of herbicides
• Rise in demand in developing countries
• Shrinking arable land

However, the market also witnesses some limitations, which are as follows:

• Challenging regulatory environment
• Growing concerns related to health risks
• Growing interest in organic products

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Market Scope in Agricultural Pesticides Market Research Report

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Research Analysis Overview

The Agricultural Pesticides Market caters to farmers in controlling various pests, weeds, fungi, insects, and other organisms that threaten the growth of plants, including cash crops and export products. Offerings encompass herbicides for weed management, insecticides for insects, fungicides for fungi, acaricides for mites, bactericides for bacteria, and pest control agents. Organic food production employs non-insecticides and other alternatives. Local pest species require specific pesticides, such as nematicides, molluscicides, piscicides, rodenticides, bactericides, animalicides, and microbicides. Pesticide resistance is a concern, driving innovation in sustainable solutions.

Market Research Overview

The global fertilizers and agricultural chemicals industry encompasses businesses engaged in the production of fertilizers and agrochemicals, including pesticides such as insecticides, herbicides, fungicides, nematicides, and non-insecticides. Key market segments include nitrogenous, phosphatic, and potassic fertilizers, as well as biofertilizers. Market expansion will be fueled by the continuous launch of innovative products by industry players, catering to the demand for organic food products and the need for pest management solutions among farmers and horticulturists. Toxicologists play a crucial role in ensuring the safety and efficacy of these agricultural solutions. According to Technavio, market growth is anticipated due to the increasing product launches and the expanding agricultural sector.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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