Authored By: Sarah
22 Aug 2024

Crop Protection Chemicals Market Size to grow by USD 23.3 billion between 2024-2028

The Crop Protection Chemicals Market is segmented by Application (Cereals and grains, Oilseeds and pulses, Fruits and vegetables, and Turfs and others), Type (Herbicides, Insecticides, Fungicides, and Rodenticides and others), and Geography (APAC, South America, Europe, North America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 23.3 billion, at a CAGR of 3.21% during the forecast period. There are several companies that are contributing to the market as per this report. Implementation of integrated pest management (IPM) as new method of crop protection .

By Application, the Cereals and grains segment is projected to dominate the market size in 2024

In the dynamic agribusiness landscape, the Crop Protection Chemicals Market plays a pivotal role in enhancing agricultural productivity and ensuring food security. This sector encompasses a diverse range of products, including herbicides, insecticides, fungicides, and others, which safeguard crops from various threats. Market growth is driven by factors such as increasing global population, rising demand for food, and technological advancements in crop protection solutions.

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Why is APAC forecasted to hold the largest regional market size in 2024?

In the dynamic agribusiness landscape, the Crop Protection Chemicals Market plays a pivotal role in enhancing agricultural productivity and ensuring food security. This sector encompasses a diverse range of products, including herbicides, insecticides, fungicides, and others, which safeguard crops from various threats. Market growth is driven by factors such as increasing global population, rising demand for food, and technological advancements in crop protection solutions.

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Research Analysis Overview

In the global agriculture sector, crop protection chemicals play a crucial role in ensuring healthy food systems and mitigating food insecurity by enhancing crop yields and safeguarding against environmental challenges such as pests, diseases, and weeds. These chemicals encompass a diverse range of products, including insecticides like Bifenthrin and Imidacloprids, fungicides such as Difenoconazole, and herbicides like Glyphosates. The environmental benefits of these chemicals extend beyond crop protection, as they contribute to soil treatment and seed treatment, fostering a healthy microbiology ecosystem that supports biotechnological advancements. Consumer food preferences continue to evolve, necessitating the development of chemical solutions that cater to these demands while adhering to stringent regulations and minimizing pesticide residue. The market for crop protection chemicals is subject to rigorous pesticide registration requirements and environmental impact assessments, ensuring the safety and sustainability of these essential tools in modern agriculture. Emerging diseases and invasive pests pose ongoing challenges, necessitating the continuous innovation and development of new chemical solutions to maintain crop health and productivity within the context of global agriculture.

Market Research Overview

The global crop protection chemicals market encompasses businesses primarily engaged in the production of agro-industrial and fundamental agrochemicals. This market distinguishes companies that manufacture pesticides, herbicides, and fungicides, excluding those specializing in fertilizers, agricultural chemicals, industrial gases, and diversified chemical products. Technavio determines the market size by aggregating the revenues of industrial and basic agrochemical manufacturers. Market expansion will be fueled by the escalating demand for effective agricultural solutions, particularly in the development of lightweight, resilient crop protection materials. - The Crop Protection Chemicals Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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