The global Crop Protection Chemicals Market is likely to showcase a growth of around 4% during the forecast period. Over year years population has grown rapidly, thereby increasing the demand of food. However, only a strain of land has grown due to limited availability. This has created the demand of effective agrochemicals, as in turn increased the demand crop protection chemicals. For instance, according to the Our World in Data, the global agricultural land per capita has decreased to 0.6 hectare in 2018 compared to 1.4 hectare in 1961.
As the population is increasing worldwide, with this the demand for the agricultural products is also increasing. However, the availability of the landmass for the production of crops and farm products is decreasing due to urbanization and industrialization. Besides this, the people are becoming health conscious, thereby there is an expansion in demand for natural food, fresh fruits, vegetables, and flowers which requires an extremely controlled environment and precise nutritional content in the soil. These aforementioned factors have compelled the farmers to use different types of crop protection solutions for enhancing crop production and improving soil quality. Due to high concern towards agricultural sustainability, soil quality, and environmental safety, the agrochemicals products are rapidly used by the farmers along with the organic manure to improve soil fertility and the health of crops and plants. Owing to such factors, the demand for crop protection chemicals is likely to grow in the near future.
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Based on product type, the market is categorized into synthetic and biopesticides. Of both, in 2020, synthetic pesticides held the dominated position in the market and is likely to maintain its position during the forecast period as well. Due to its low-cost and large production base across the regions. However, during the forecast period, the biopesticides is likely to showcase significant growth due to increasing demand for synthetic chemicals free pesticides among the consumers.
Based on crop, the market is categorized into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. After fruits & vegetables, the cereals and grains category held a significant share in the global crop protection chemicals market. Since cereals & grains are considered as the staple crops across the globe, therefore maintaining a strong demand among people. Further, as the global population is rising resulting in more demand for foods, which eventually increase the pressure to improve the production of these crops. As a result, to bridge the supply-demand gap, utilization of crop protection chemicals is likely to increase to improve the quality and quantity of crops and maintaining the soil health and fertility.
For a better understanding of the market adoption of crop protection chemicals, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. The Asia-Pacific region accounted for a significant share in the market and is expected to showcase substantial growth during the forecast period owing to a large and growing base of the agriculture sector due to increasing population, rapid urbanization resulting in more pressure on farmer to increase the crop yield, and the growing demand for better quality crop protection chemicals for improving health and fertility of the soil.
Global Crop Protection Chemicals Market Segmentation
Market Insight, by Type
- Herbicides
- Insecticides
- Fungicides
- Others
Market Insight, by Product Type
- Synthetic
- Biopesticides
Market Insight, by Form
- Liquid
- Powder
Market Insight, by Mode of Application
- Foliar Spray
- Seed Treatment
- Soil Treatment
- Others
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Market Insight, by Crop Type
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
Market Insight, by Region
- North America Crop Protection Chemicals Market
- The United States
- Canada
- Rest of North America
- Europe Crop Protection Chemicals Market
- Germany
- The United Kingdom
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific Crop Protection Chemicals Market
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of World Crop Protection Chemicals Market
Top Company Profiles
- Bayer AG
- Syngenta AG
- BASF SE
- Corteva Inc.
- FMC Corporation
- UPL Limited
- Nufarm Ltd.
- Sumitomo Chemical Co. Ltd.
- Jiangsu Yangnong Chemical Group Co. Ltd.
- Shandong Weifang Rainbow Chemical Co. Ltd.
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