Specialty Pesticides Market Report 2025

This Specialty Pesticides market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The specialty pesticides market size has grown strongly in recent years. It will grow from $142.86 billion in 2024 to $150.13 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increased need for crop protection, expansion of precision farming practices, rise in global population, emergence of resistant pest strains, demand for sustainable agriculture, growing awareness of food safety, expansion of protected cultivation.

The specialty pesticides market size is expected to see strong growth in the next few years. It will grow to $198.22 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to globalization of agriculture, market demand for high-value crops, advancements in biopesticides, rapid expansion of organic farming, global food security concerns, focus on reduced environmental impact, regulatory support for sustainable practices. Major trends in the forecast period include integrated pest management (IPM), innovation in formulations, advancements in seed treatment, biotechnological solutions in pest control, digital agriculture and smart pesticides, investment in research and development, crop-specific solutions.

The growing demand for food is anticipated to drive the expansion of the specialty pesticides market. Food crops are agricultural plants cultivated for human consumption, including fruits, vegetables, grains, and more. Food consumption is on the rise due to population growth and increased affluence in developing countries. Specialty pesticides are utilized to boost food productivity by enhancing yields and reducing losses caused by insects, diseases, and weeds. For example, in April 2024, the USDA, a U.S. federal agency, reported that in 2022, U.S. households dedicated 12.8 percent of their spending to food, an increase from 12.4 percent in 2021. Thus, the growing demand for food will propel the specialty pesticides market.

The rising adoption of precision farming is expected to further fuel the growth of the specialty pesticides market. Precision farming involves employing advanced technology, information, and management practices to optimize various aspects of agriculture on a site-specific level. Technologies such as Variable Rate Technology (VRT) and data analytics enable farmers to use specialty pesticides more efficiently by applying them precisely where needed. This method minimizes environmental impact, enhances crop protection, and boosts overall farm profitability by reducing pesticide usage, in line with sustainable agricultural practices. For instance, in May 2022, PerishableNews.com, a U.S.-based online audio and video media outlet, reported that the Canadian government announced a funding commitment of $435,786 ($560,425) to promote an integrated system for precision farming in fruit orchards. This investment aims to obtain sustainable solutions to tackle emerging challenges in Canada's apple industry. Consequently, the growing adoption of precision farming is driving the expansion of the specialty pesticides market.

Major companies in the specialty pesticides market are focusing on creating new pesticides with specialized formulations to gain a competitive advantage. For example, in April 2022, BASF SE, a Germany-based chemicals firm, introduced Exponus, an insecticide aimed at empowering Indian farmers to protect their crops and increase productivity. Backed by BASF's innovative active ingredient, Broflanilide, Exponus features a novel mode of action categorized under the new IRAC group 30, which includes meta-diamides and isoxazolines. This classification ensures that there is no known cross-resistance with existing products, positioning Exponus as an effective tool in managing insecticide resistance. The insecticide offers powerful, rapid, and versatile control against resilient pests such as caterpillars and thrips, addressing the issue of resistance to current chemistries.

Leading companies in the specialty pesticides market are introducing new insecticides to maintain their market position. For instance, in March 2022, Godrej Agrovet Limited, an India-based agri-business firm, launched a new insecticide called Gracia. Developed in partnership with Japan's Nisan Chemical Corporation, Gracia incorporates Fluxametamide, an isoxazoline compound, providing wide-spectrum protection against chewing and sucking pests across various crops. With its patented chemistry, Gracia features a novel mode of action that inhibits GABA-gated chloride channels in the nervous systems of insects, ensuring effective control, even against pests resistant to current insecticides.

In January 2023, Valent BioSciences LLC, a US-based company specializing in biorational products, acquired FBSciences Holdings, Inc. for an undisclosed amount. This acquisition has enhanced Valent BioSciences' position as a global leader in biorational solutions, allowing it to expand its footprint in the biostimulant market, diversify its product offerings, drive innovation, and promote sustainable agricultural practices. FBSciences Holdings, Inc. is a US-based biotechnology research firm that focuses on discovering and commercializing naturally derived solutions for plant, soil, and climate health, including biostimulants and biopesticides.

Specialty pesticides are agents or substances designed to eliminate, repel, or manage specific types of plant or animal life regarded as pests. These pesticides are extensively utilized in specialty agriculture, which includes fruits and vegetables, tree nuts, dried fruits, horticulture, and nursery crops. Specialty crops are those that are cultivated intensively.

The primary types of specialty pesticides encompass fungicides, insecticides, herbicides, and other specialized formulations available in synthetic and bio-based forms. Herbicides specifically target undesired plants, altering or controlling their growth. They are commonly employed in row-crop farming to manage vegetation, often applied before or during planting to maximize crop yield while minimizing competition from other plants. Specialty pesticides are administered through various modes of application, including foliar spray, soil treatment, seed treatment, and other specialized application methods. These pesticides find applications across diverse sectors such as grains, cereals, oilseeds, pulses, fruits, vegetables, and other areas within agriculture.

The speciality pesticides market research report is one of a series of new reports that provides speciality pesticides market statistics, including speciality pesticides industry global market size, regional shares, competitors with a speciality pesticides market share, detailed speciality pesticides market segments, market trends and opportunities, and any further data you may need to thrive in the speciality pesticides industry. This speciality pesticides market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the speciality pesticides market report are Syngenta Crop Protection AG (ChemChina), Bayer Crop Science LLC, BASF SE, Dow AgroSciences LLC, Sumitomo Chemicals Co. Ltd., Corteva Agriscience Division of DowDuPont, Monsanto Company (Bayer), FMC Corporation, UPL Limited, Nufarm Limited, ADAMA Agricultural Solutions Ltd., Arysta Lifescience Inc., Isagro SPA, Limin Group Co. Ltd., Hailir Pesticides and Chemicals Group Co. Ltd., Shandong Luba Chemical Co. Ltd., Jiangsu Changqing Agrochemical Co. Ltd., Guangdong Zhongxun Agricultural Science Co. Ltd., Zhejiang Heben Pesticide & Chemicals Co. Ltd., Nippon Soda Co. Ltd., Nissan Chemical Corporation, Mitsui Chemicals Agro Inc., Cheminova A/S, DuPont de Nemours Inc., Makhteshim Agan Industries Ltd., Sinochem International Corporation, Jiangsu Huifeng Agrochemical Co. Ltd., Jiangsu Yangnong Chemical Group Co. Ltd., Rotam CropSciences Ltd., Gowan Company LLC, Albaugh LLC.

Asia-Pacific was the largest region in the speciality pesticides market in 2023. The regions covered in the speciality pesticides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the speciality pesticides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The specialty pesticides market consists of sales of organochlorines, organophosphorus, carbamates, pyrethrin, and pyrethroids. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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