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Crop protection chemicals refer to the agricultural products that are mainly used to manage plant diseases and prevent crop damage. These chemicals primarily include herbicides, fungicides and insecticides. Crop protection chemicals aid in monitoring and controlling pests and diseases that may infect, consume, or damage crops. Furthermore, they also assist the farmers in managing crop productivity, improving overall yield, and enhancing food security. As a result, crop protection chemicals are utilized on various crop types, including cereals and grains, oilseeds and pulses, fruits and vegetables, etc. The report under the title, “Global Crop Protection Chemical Market Overview,2027”, gives a brief of the market, segmented by product type, by application, and by country. The segmental analyses have been detailed into herbicide, insecticide, fungicides & bactericides, and others, in terms of products, and in terms of application, the market is classified into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. These segments are analyzed country-wise and the report also covers a detailed discussion about the trends, rules, and regulation across the world.This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
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The crop protection chemicals are designed in a way that is poisonous against the targeted species and the not harm the crop. Even though these chemicals are much protective to the plants, they come with their harm to the environment. The use of crop protection has increased in recent times given the increasing demand for food. The global crop protection chemical market witnessed a growth of around 4%, historically. On the other side, with the increasing awareness about the toxicity of the chemicals, many governments have come forward to restrict the use of such pesticides. With the excessive use of pesticides, traces of cancer, deformities in the immune system, hormonal imbalance, etc. have been studied in humans as well as wildlife. Even though these chemicals come with ample disadvantages, the market holds high potential, is likely to cross a value of USD 78 Billion by the end of 2027. Herbicides are the crop protection chemicals that are generally used to kill weeds, lead the global crop protection market, and in the forecasted period, this segment is likely to record the highest anticipated CAGR. The major advantage of the chemical herbicides is the cost reduction in weed removal which can be done manually otherwise. In general, the use of herbicides is said to be nontoxic to animals or humans, but when sprayed aerially, it can be fatal to the non-target plants too. In the year 2021, the segments of insecticides, and fungicides & bactericides, both held to a market value of more than USD 16 Billion each.
The modernization of the agricultural sector has been a major driver in the market of crop protection at the global level. In terms of application, the use of crop protection chemicals is high in the oilseed & pulse segment. The major hurdle in the market growth is the need for a sustainable approach towards farming. This has given rise to innovation which is likely to bring in reforms in the agricultural practices, promising a better yield and being less toxic to nature. It is already known that the excessive use of pesticides has become a hazard to human health, but also has given birth to super-weed. Superweeds are the weeds or the unwanted plants that grow with the crops but have been tuned to the regular pesticides and now require more toxic formulas to kill. Crop protection chemicals are widely utilized in modern agriculture as an effective and economical solution to enhance crop yield by preventing crops from harmful pests and weeds. Thus, the rise in crop yield helps to ensure food security for the growing populations. According to the Food and Agriculture Organization (FAO), Brazil, China, and the U.S are major consumers of these protection products. High usage of pesticides in these countries can be identified as one of the main causes for rising crop yield. Changes in climatic conditions have accelerated the occurrence and prevalence of plant diseases and pests. Climatic fluctuations have a significant impact on crop production and susceptibility to pest problems. Climate change increases the susceptibility of crops to different pests and diseases, which, in turn, affects crop yield. Therefore, any change in the climate leads to deviation in farming practices, leading to a decline in productivity. Further, irregular rainfall in various regions led to a rise in the fungal population. These factors have increased the dependability of farmers on the products for efficient pest prevention, thereby fueling the growth of the market.
The Asia Pacific is a land of agriculture and also the highest contributor to the crop protection chemical market. However, through the forecasted period, this region is likely to record the lowest anticipated growth rate among the major regions. North America and Middle East & Africa are the two least contributing regions, which in the year 2021 accounted for quite less than 18% and 3% of the global market share respectively.
COVID-19 Impact
The outbreak of COVID-19 has affected public health as well as the global economy. The COVID-19 impact on the global economy has resulted in socio-economic disruptions; along with other industries, the spread of COVID-19 has affected the agriculture input sector. The coronavirus has impacted critical processes in the production and distribution of agrochemicals, from raw material imports to end-product manufacturing. The supply chain was hindered due to the travel restrictions imposed by many different countries globally. The fluctuating prices of chemicals as raw materials along with the inconsistent demand from the consumers during times of economic distress hampered the market growth rate.Major Companies mentioned: Basf SE, Bayer AG, Corteva AgriSciences, FMC Corporation, Huapont Life Sciences, Nufarm, Sumitomo Chemicals, Syngenta AG, UPL
Considered in the report
- Geography: Global
- Base year: 2021
- Historical year: 2016
- Forecasted year: 2027
Regions covered:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Aspects covered in the report
- Market Size by Value for the period (2016-2027F)
- Market Share by Product Type (Herbicide, Insecticide, Fungicides & Bactericides, and Others)
- Market Share by Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others)
- Market Share by Region
- Market Share by Country
- Market Share by Company
Intended Audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Agriculture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.This product will be delivered within 2 business days.
Table of Contents
1. Executive Summary2. Report Methodology4. Economic / Demographic Snapshot12. Market Trends and Developments14. Strategic Recommendations15. Disclaimer
3. Market Structure
5. Global Crop Protection Market Overview
6. North America Crop Protection Market Overview
7. Europe Crop Protection Market Overview
8. Asia Pacific Crop Protection Market Overview
9. South America Crop Protection Market Overview
10. Middle East & Africa Crop Protection Market Overview
11. Market Dynamics
13. Company Profiles
List of Figures
List of Tables