Navigating the Growth of the Pesticides Market: 11.5% CAGR to Drive Market to USD 2.79 Billion by 2030

Written by falgunimmr  »  Updated on: October 21st, 2024

Pesticides Market size was valued at US$ 56.72 Bn. in 2023 and the total Pesticides revenue is expected to grow at 5 % from 2024 to 2030, reaching nearly US$ 79.81 Bn.

Pesticides Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Pesticides Market .The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Pesticides Market by thorough analysis, and projections are made up to 2030.

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Pesticides Market Scope and Methodology:

This report analyzes the Pesticides Market across different regions and detailed segmentation, providing a definition, description, and forecast. It encompasses various important market factors along with comprehensive qualitative and quantitative investigations. This includes reviewing the competitive landscape, competitor profiles, industry analysis, economic implications, important viewpoints, market trends, and market assessment.

The report delves into past data, focusing on different Pesticides Market scenarios and conducting a comprehensive evaluation of the factors influencing the market, including drivers, constraints, opportunities, challenges, and future trends. The report thoroughly examines market potential, market dynamics, growth opportunities, segmented markets, geographic scenarios, competition analysis, and predictions with the right methodology and assumptions. The study also involves evaluating the value chain, conducting PESTLE analysis, examining the impact, and conducting PORTER’s analysis.

Pesticides Market Regional Insights

The study thoroughly examines the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America. Understanding the intricate dynamics of the global Pesticides Market is an essential component of the regional analysis provided in the report. The report contains details about the import and export of goods, market size, and growth rate for all countries. Furthermore, the report has also presented an overview of the latest advancements in the international Pesticides Market across different countries and regions.

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Pesticides Market Segmentation

by Pesticides Type

Bio- Pesticides

Synthetic Pesticides

Others

The market is divided into bio-pesticides, synthetic pesticides, and other categories based on the type of pesticides. The synthetic pesticides category held a sizable share of the pesticides market in 2023. The global market for synthetic pesticides is anticipated to expand over the course of the forecast period due to improved pesticide utilisation efficiency. The use of synthetic pesticides is being driven by a number of causes, including less cultivable area, growing food demand, greater adoption of genetically modified (GM) crops, and acceptance of novel agricultural practices. Restricting the use of pesticides in the production of fruits, vegetables, and grains may lead to a 78 percent decrease in output, according a study published in the Proceedings of the International Academy of Ecology and Environmental Sciences (IAEES).

by Crop Type

Vegetables & Fruits

Oilseeds & Pulses

Cereals & Grains

Commercial Crops

Plantation Crops

Turfs & Ornamentals

Others

The market is divided into submarkets based on crop type, including Turfs & Ornamentals, Oilseeds & Pulses, Cereals & Grains, Commercial Crops, Plantation Crops, and Vegetables & Fruits. The pesticides market was dominated by the cereals and grains category in 2023. Grain production has seen a rise in the usage of pesticides due to the growing need for food security, the onset of climate change, and the possibility of more drought. A number of global organizations have started initiatives to inform farmers about the use of pesticides in the production of grains. In Lesotho, for instance, the UN launched a project titled "Strengthening the capacity of smallholder farmers, extension personnel, and agro-dealers on judicious use of herbicides" in an effort to raise farmers' knowledge of herbicides and other pesticides and protect community

by Formulation

Liquid

Dry

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Pesticides Market Key Players

1.The DOW Chemical Company

2.BASF SE

3. Bayer AG

4. Syngenta AG

5. Sibbiopharm Ltd.

6. Monsanto Company

7. AGROPHARM Ltd.

8. United Phosphorous Ltd.

9. Doff Portland Ltd.

10.Aeroxon Insect Control GmbH

11.Zotal Laboratories

12.GVI Life Care Co., Ltd.

13.DAEGIL Co., Ltd.

14.Hebei Maison Chemical Co., Ltd.

15.Anhui Xiangfeng Chemical Co., Ltd.

16.Aristo Biotech and Life Science Pvt. Ltd.

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Key questions answered in the Pesticides Market are:

What is Pesticides ?

What is the growth rate of the Pesticides Market ?

What was the Pesticides Market size in 2023?

What are the upcoming opportunities and trends for the Pesticides Market ?

What are the different segments of the Pesticides Market ?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Pesticides Market ?

What segments are covered in the Pesticides Market ?

Which are the factors expected to drive the Pesticides Market growth?

What growth strategies are the players considering to increase their presence in Pesticides ?

Who are the leading companies and what are their portfolios in Pesticides Market ?

Who are the key players in the Pesticides Market?

What is the CAGR at which the Pesticides Market will grow during the forecast period?

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Key Offerings

Past Size and Competitive Landscape

• Past Pricing and price curve by region

• Size, Share, Size Forecast by different segment

• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region

• Segmentation A detailed analysis by segment with their sub-segments and Region

• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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