Pesticides Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Herbicides, Fungicides, Insecticides, Others), By Product (Synthetic Pesticides, Bio Pesticides), By Application (Cereal, Fruits, Plantation Crops, Vegetables, Others), By Formulation (Dry, Liquid), By Region and Competition, 2019-2029F
Global Pesticides Market was valued at USD 1.59 Billion in 2023 and is anticipated t%li%project steady growth in the forecast period with a CAGR of 9.67% through 2029. Pesticides are chemical substances used primarily in agriculture t%li%control pests that damage or hinder the growth of crops. These pests can include insects, weeds, fungi, rodents, and other organisms, posing significant threats t%li%crop yield and quality. Pesticides function by deterring, incapacitating, killing, or otherwise discouraging pests, ensuring the overall health and productivity of agricultural systems.
It is important t%li%note that the use of pesticides must be carefully managed and regulated. Overuse or improper application of pesticides can have detrimental effects on the environment and human health. Pesticides can contaminate soil, water sources, and the air, posing risks t%li%ecosystems and non-target organisms. Additionally, exposure t%li%certain pesticides can have adverse effects on human health, including acute and chronic toxicity.
T%li%mitigate these potential risks, it is crucial t%li%adopt sustainable and integrated pest management practices. This approach aims t%li%minimize pesticide use through the implementation of alternative pest control strategies, such as biological control, crop rotation, and use of resistant crop varieties. Furthermore, education and awareness programs can help farmers and agricultural workers understand the proper handling, application, and disposal of pesticides, ensuring their safe and effective use.
Key Market Drivers
Increasing Crop Loss Due t%li%Pests & Diseases
The escalating issue of crop loss due t%li%pests and diseases is a significant concern for agriculture worldwide and is expected t%li%vigorously drive the global demand for pesticides. As per recent studies, a large proportion of global crop yields are lost annually due t%li%the adverse effects of pests and diseases, a situation exacerbated by climate change and monoculture agricultural practices. These losses not only result in devastating economic consequences for farmers but als%li%pose a threat t%li%global food security, as increasing population rates necessitate higher crop yields. T%li%combat these challenges, farmers are turning t%li%pesticides as a primary line of defense. Pesticides, when used properly, can dramatically reduce crop losses by effectively controlling a broad spectrum of agricultural pests and diseases. Consequently, the pesticide market is expected t%li%witness substantial growth as the global agricultural sector seeks high-quality, efficient solutions t%li%safeguard crop health and boost productivity. However, it's pertinent t%li%als%li%focus on integrated pest management practices that balance pesticide use with environmental sustainability and public health considerations.
Advancements in Integrated Pest Management Solutions
Advancements in Integrated Pest Management (IPM) solutions are poised t%li%significantly boost the global demand for pesticides. IPM is a progressive, eco-friendly approach that emphasizes the sustainable use of pest-control methods, reducing reliance on chemical pesticides, and minimizing environmental impact. However, even within this framework, pesticides continue t%li%play a critical role. The advances in IPM now often integrate biopesticides and other safer pesticide options, leading t%li%a new wave of demand. The increasing global burden of crop diseases and pests, coupled with the need for higher agricultural yields, is als%li%driving this trend. Furthermore, the advent of precision agriculture technologies, which involves the use of GPS, remote sensing, and Internet of Things (IoT) devices, is enabling more targeted and efficient use of pesticides. These technologies ensure that pesticides are deployed only when and where they are most needed, thereby saving costs, increasing crop yields, and reducing environmental impact. As such, the advancements in IPM d%li%not eliminate the need for pesticides, but rather they transform it, linking it with sustainable practices and innovative technologies, and thereby fueling its global demand.
Growing Demand for Bio-Pesticides
The global demand for pesticides is anticipated t%li%escalate, largely driven by the increasing preference for bio-pesticides. As the world becomes more environmentally conscious, the agricultural sector is progressively shifting from synthetic t%li%biological pesticides. Bio-pesticides, derived from natural materials such as animals, bacteria, minerals, and plants, offer a sustainable and eco-friendly solution t%li%pest control. They not only minimize harmful environmental impacts but als%li%pose fewer risks t%li%human health. The rise in organic farming, coupled with stringent regulations on chemical pesticide usage, further propels the demand for bio-pesticides. Additionally, bio-pesticides are effective in pest resistance management, adding t%li%their attractiveness. The growing public awareness and government initiatives promoting the use of organic and environmentally-friendly products are further expected t%li%stimulate the global pesticide market, prominently augmenting the demand for bio-pesticides. Thus, the surging preference for these green alternatives is set t%li%impact the overall pesticide industry positively, driving its growth on a global scale.
High Adoption Rates of GM Crops
The global adoption of genetically modified (GM) crops is predicted t%li%trigger a surge in the demand for pesticides. GM crops, engineered for traits such as pest resistance and higher yield, ironically, might escalate the need for pesticide usage on a global scale. The reason behind this paradox is the potential development of 'super pests' or pesticide-resistant pests. Over time, pests exposed t%li%GM crops could develop resistance t%li%the built-in pesticides, necessitating the use of stronger, more potent chemical pesticides. Additionally, the anticipated increase in agricultural production due t%li%the proliferation of GM crops will inevitably demand more pesticide use t%li%protect these expanded crop areas. Furthermore, the shift towards GM crops might diminish the implementation of alternative, sustainable farming practices such as organic farming or integrated pest management, which typically use fewer or n%li%chemical pesticides. This shift might lead t%li%an increased dependency on pesticides in agriculture. Therefore, while GM crops promise benefits such as improved crop yields and pest resistance, their high adoption rates could inadvertently drive up the global demand for pesticides.
Key Market Challenges
Emergence of Pest Resistance
Pest resistance is a growing issue that has significant ramifications on the global demand for pesticides. Pests, by evolving and adapting t%li%resist chemical pesticides, have necessitated the need for alternative pest management strategies. These evolved pests are not deterred by standard chemical treatments, rendering these pesticides less effective, thereby reducing their global demand. The increasing prevalence of pest resistance highlights an urgent need for sustainable, biological pest control methods. Such alternatives include biopesticides, which utilize organisms or their byproducts t%li%suppress pests, and integrated pest management, a holistic approach focusing on long-term pest prevention through a combination of techniques such as biological control, habitat manipulation, and modification of cultural practices. These practices not only reduce reliance on chemical pesticides but als%li%pose less environmental harm. Additionally, they are deemed as the future of pest control due t%li%their sustainable and eco-friendly nature. These developments collectively contribute t%li%the decrease in pesticide demand globally, as more farmers and agricultural industries shift towards these resilient, green solutions in response t%li%the emergence of pest resistance.
Counterfeit Pesticide
The global pesticide industry is currently grappling with the growing issue of counterfeit pesticides. Counterfeit pesticides, which are typically substandard or falsely labelled versions of authentic products, pose significant threats not only t%li%consumer health and safety but als%li%t%li%the environment. Furthermore, the infiltration of counterfeit pesticides in the market is anticipated t%li%negatively impact the demand for legitimate pesticides on a global scale. This phenomenon can be attributed t%li%several factors. Counterfeit pesticides often retail at lower prices, which may entice cost-conscious consumers, especially in developing markets where regulatory oversight is lacking. The usage of counterfeit pesticides, being less effective or potentially harmful, can lead t%li%crop failures or environmental damage. These adverse results can, in turn, erode confidence in pesticide products overall, leading t%li%reduced demand. Finally, the rise of counterfeit pesticides could discourage innovation in the legitimate pesticide industry. As counterfeiters free-ride on the research and development investments of authentic manufacturers, the latter may become less incentivised t%li%create new, more efficient and environmentally friendly products. This situation can further decrease the demand for legitimate pesticides. Therefore, concerted global efforts are required t%li%combat the menace of counterfeit pesticides and safeguard the integrity of the global pesticide market.
Key Market Trends
Expansion of Arable Land in Emerging Economies
The expansion of arable land in emerging economies is poised t%li%drive a surge in the global demand for pesticides. As these developing nations ramp up their agricultural production t%li%meet both domestic and international demand, the need for cost-effective, efficient farming practices becomes imperative. Pesticides play a significant role in this context, helping t%li%maximize crop yields by controlling pests, diseases, and weeds that could otherwise devastate entire harvests. The increase in arable land coupled with the growing need for high crop productivity may lead t%li%an increased dependency on pesticides. Further, the adoption of modern farming techniques and government support in these economies often entails using pesticides, thus fueling their demand. On a broader scale, this trend could als%li%be motivated by global food security concerns, as the world population continues t%li%grow, elevating the need for enhanced agricultural production. However, this increased demand for pesticides must be balanced with sustainable practices t%li%minimize potential environmental and health impacts. Therefore, the future will likely see an emphasis on the development and use of environmentally friendly, bio-based pesticides in these emerging economies.
Rise in Research & Development Activities In Agrochemicals
The global demand for pesticides is poised t%li%rise significantly, primarily driven by the surge in research and development activities in the agrochemicals sector. As the global population continues t%li%grow, the pressure on the agricultural sector t%li%increase productivity has never been higher. One key strategy t%li%meet this demand is through the application of advanced agrochemicals, including performance-optimized pesticides, t%li%enhance crop yield and protect against pests. Consequently, substantial investments are being funneled int%li%R&D initiatives by agrochemical companies, focusing on the creation of innovative, efficient, and environmentally-friendly pesticides. A key area of research includes the development of bio-pesticides, which are derived from naturally occurring substances and organisms, t%li%replace traditional chemical pesticides. Another focus is on formulating pesticides that target specific pests, reducing the impact on non-target species and the environment. This focus on innovative, targeted, and sustainable products is resulting in a new generation of pesticides, which in turn is expected t%li%propel global demand. The rise in R&D activities in this sector is therefore a primary driver for the increased demand and use of pesticides worldwide, facilitating enhanced agricultural productivity t%li%meet the needs of a growing global population.
Segmental Insights
Type Insights
Based on Type, Fungicides have emerged as the fastest growing segment in the Global Pesticides Market in 2023. This is primarily driven by fungicides, which hold a significant portion of the overall market share. The increasing occurrence of fungal diseases due t%li%climate change and changing weather patterns necessitates the use of fungicides t%li%protect crops from diseases such as powdery mildew, rust, and blight. As global temperatures rise and weather becomes more erratic, the prevalence of fungal pathogens is expected t%li%escalate, driving the demand for fungicides. The expansion of agriculture int%li%new regions and the intensification of farming practices contribute t%li%higher susceptibility of crops t%li%fungal infections, further boosting the demand for fungicides. Advancements in fungicide formulations and technologies, such as the development of environmentally friendly and bio-based fungicides, are attracting farmers wh%li%are increasingly conscious of environmental sustainability and regulatory concerns. The growing adoption of integrated pest management (IPM) practices, which emphasize the use of fungicides as part of a holistic approach t%li%crop protection, is expected t%li%drive the demand for fungicides in the forecast period.
Product Insights
Based on Product, Synthetic Pesticides have emerged as the dominating segment in the Global Pesticides Market in 2023. The growing concerns for the environment and increasing awareness about the detrimental impact of synthetic pesticides on human health have prompted a shift towards biopesticides. These biopesticides, derived from natural sources, offer a safer and more sustainable alternative. Despite the current dominance of synthetic pesticides in the market, it is worth noting that the biopesticides sector is projected t%li%experience substantial growth in the coming years. This growth can be attributed t%li%the increasing demand for eco-friendly and health-conscious pest control solutions. As consumers become more conscious of the potential risks associated with synthetic pesticides, the market is likely t%li%witness a gradual shift towards biopesticides, potentially altering the landscape of market dominance in the future.
Regional Insights
Based on Region, North America have emerged as the dominated region in the Global Pesticides Market in 2023. This is primarily attributed t%li%the high adoption rates of advanced farming practices and technologies, including pesticides, in the region. The United States, in particular, represents a significant share of the North American market. The favorable climate conditions, extensive agricultural land, and robust regulatory framework further contribute t%li%the region's dominance.
Key Market Players
In this report, the Global Pesticides Market has been segmented int%li%the following categories, in addition t%li%the industry trends which have als%li%been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Pesticides Market.
Available Customizations:
Global Pesticides Market report with the given market data, TechSci Research offers customizations according t%li%a company's specific needs. The following customization options are available for the report:
Company Information
It is important t%li%note that the use of pesticides must be carefully managed and regulated. Overuse or improper application of pesticides can have detrimental effects on the environment and human health. Pesticides can contaminate soil, water sources, and the air, posing risks t%li%ecosystems and non-target organisms. Additionally, exposure t%li%certain pesticides can have adverse effects on human health, including acute and chronic toxicity.
T%li%mitigate these potential risks, it is crucial t%li%adopt sustainable and integrated pest management practices. This approach aims t%li%minimize pesticide use through the implementation of alternative pest control strategies, such as biological control, crop rotation, and use of resistant crop varieties. Furthermore, education and awareness programs can help farmers and agricultural workers understand the proper handling, application, and disposal of pesticides, ensuring their safe and effective use.
Key Market Drivers
Increasing Crop Loss Due t%li%Pests & Diseases
The escalating issue of crop loss due t%li%pests and diseases is a significant concern for agriculture worldwide and is expected t%li%vigorously drive the global demand for pesticides. As per recent studies, a large proportion of global crop yields are lost annually due t%li%the adverse effects of pests and diseases, a situation exacerbated by climate change and monoculture agricultural practices. These losses not only result in devastating economic consequences for farmers but als%li%pose a threat t%li%global food security, as increasing population rates necessitate higher crop yields. T%li%combat these challenges, farmers are turning t%li%pesticides as a primary line of defense. Pesticides, when used properly, can dramatically reduce crop losses by effectively controlling a broad spectrum of agricultural pests and diseases. Consequently, the pesticide market is expected t%li%witness substantial growth as the global agricultural sector seeks high-quality, efficient solutions t%li%safeguard crop health and boost productivity. However, it's pertinent t%li%als%li%focus on integrated pest management practices that balance pesticide use with environmental sustainability and public health considerations.
Advancements in Integrated Pest Management Solutions
Advancements in Integrated Pest Management (IPM) solutions are poised t%li%significantly boost the global demand for pesticides. IPM is a progressive, eco-friendly approach that emphasizes the sustainable use of pest-control methods, reducing reliance on chemical pesticides, and minimizing environmental impact. However, even within this framework, pesticides continue t%li%play a critical role. The advances in IPM now often integrate biopesticides and other safer pesticide options, leading t%li%a new wave of demand. The increasing global burden of crop diseases and pests, coupled with the need for higher agricultural yields, is als%li%driving this trend. Furthermore, the advent of precision agriculture technologies, which involves the use of GPS, remote sensing, and Internet of Things (IoT) devices, is enabling more targeted and efficient use of pesticides. These technologies ensure that pesticides are deployed only when and where they are most needed, thereby saving costs, increasing crop yields, and reducing environmental impact. As such, the advancements in IPM d%li%not eliminate the need for pesticides, but rather they transform it, linking it with sustainable practices and innovative technologies, and thereby fueling its global demand.
Growing Demand for Bio-Pesticides
The global demand for pesticides is anticipated t%li%escalate, largely driven by the increasing preference for bio-pesticides. As the world becomes more environmentally conscious, the agricultural sector is progressively shifting from synthetic t%li%biological pesticides. Bio-pesticides, derived from natural materials such as animals, bacteria, minerals, and plants, offer a sustainable and eco-friendly solution t%li%pest control. They not only minimize harmful environmental impacts but als%li%pose fewer risks t%li%human health. The rise in organic farming, coupled with stringent regulations on chemical pesticide usage, further propels the demand for bio-pesticides. Additionally, bio-pesticides are effective in pest resistance management, adding t%li%their attractiveness. The growing public awareness and government initiatives promoting the use of organic and environmentally-friendly products are further expected t%li%stimulate the global pesticide market, prominently augmenting the demand for bio-pesticides. Thus, the surging preference for these green alternatives is set t%li%impact the overall pesticide industry positively, driving its growth on a global scale.
High Adoption Rates of GM Crops
The global adoption of genetically modified (GM) crops is predicted t%li%trigger a surge in the demand for pesticides. GM crops, engineered for traits such as pest resistance and higher yield, ironically, might escalate the need for pesticide usage on a global scale. The reason behind this paradox is the potential development of 'super pests' or pesticide-resistant pests. Over time, pests exposed t%li%GM crops could develop resistance t%li%the built-in pesticides, necessitating the use of stronger, more potent chemical pesticides. Additionally, the anticipated increase in agricultural production due t%li%the proliferation of GM crops will inevitably demand more pesticide use t%li%protect these expanded crop areas. Furthermore, the shift towards GM crops might diminish the implementation of alternative, sustainable farming practices such as organic farming or integrated pest management, which typically use fewer or n%li%chemical pesticides. This shift might lead t%li%an increased dependency on pesticides in agriculture. Therefore, while GM crops promise benefits such as improved crop yields and pest resistance, their high adoption rates could inadvertently drive up the global demand for pesticides.
Key Market Challenges
Emergence of Pest Resistance
Pest resistance is a growing issue that has significant ramifications on the global demand for pesticides. Pests, by evolving and adapting t%li%resist chemical pesticides, have necessitated the need for alternative pest management strategies. These evolved pests are not deterred by standard chemical treatments, rendering these pesticides less effective, thereby reducing their global demand. The increasing prevalence of pest resistance highlights an urgent need for sustainable, biological pest control methods. Such alternatives include biopesticides, which utilize organisms or their byproducts t%li%suppress pests, and integrated pest management, a holistic approach focusing on long-term pest prevention through a combination of techniques such as biological control, habitat manipulation, and modification of cultural practices. These practices not only reduce reliance on chemical pesticides but als%li%pose less environmental harm. Additionally, they are deemed as the future of pest control due t%li%their sustainable and eco-friendly nature. These developments collectively contribute t%li%the decrease in pesticide demand globally, as more farmers and agricultural industries shift towards these resilient, green solutions in response t%li%the emergence of pest resistance.
Counterfeit Pesticide
The global pesticide industry is currently grappling with the growing issue of counterfeit pesticides. Counterfeit pesticides, which are typically substandard or falsely labelled versions of authentic products, pose significant threats not only t%li%consumer health and safety but als%li%t%li%the environment. Furthermore, the infiltration of counterfeit pesticides in the market is anticipated t%li%negatively impact the demand for legitimate pesticides on a global scale. This phenomenon can be attributed t%li%several factors. Counterfeit pesticides often retail at lower prices, which may entice cost-conscious consumers, especially in developing markets where regulatory oversight is lacking. The usage of counterfeit pesticides, being less effective or potentially harmful, can lead t%li%crop failures or environmental damage. These adverse results can, in turn, erode confidence in pesticide products overall, leading t%li%reduced demand. Finally, the rise of counterfeit pesticides could discourage innovation in the legitimate pesticide industry. As counterfeiters free-ride on the research and development investments of authentic manufacturers, the latter may become less incentivised t%li%create new, more efficient and environmentally friendly products. This situation can further decrease the demand for legitimate pesticides. Therefore, concerted global efforts are required t%li%combat the menace of counterfeit pesticides and safeguard the integrity of the global pesticide market.
Key Market Trends
Expansion of Arable Land in Emerging Economies
The expansion of arable land in emerging economies is poised t%li%drive a surge in the global demand for pesticides. As these developing nations ramp up their agricultural production t%li%meet both domestic and international demand, the need for cost-effective, efficient farming practices becomes imperative. Pesticides play a significant role in this context, helping t%li%maximize crop yields by controlling pests, diseases, and weeds that could otherwise devastate entire harvests. The increase in arable land coupled with the growing need for high crop productivity may lead t%li%an increased dependency on pesticides. Further, the adoption of modern farming techniques and government support in these economies often entails using pesticides, thus fueling their demand. On a broader scale, this trend could als%li%be motivated by global food security concerns, as the world population continues t%li%grow, elevating the need for enhanced agricultural production. However, this increased demand for pesticides must be balanced with sustainable practices t%li%minimize potential environmental and health impacts. Therefore, the future will likely see an emphasis on the development and use of environmentally friendly, bio-based pesticides in these emerging economies.
Rise in Research & Development Activities In Agrochemicals
The global demand for pesticides is poised t%li%rise significantly, primarily driven by the surge in research and development activities in the agrochemicals sector. As the global population continues t%li%grow, the pressure on the agricultural sector t%li%increase productivity has never been higher. One key strategy t%li%meet this demand is through the application of advanced agrochemicals, including performance-optimized pesticides, t%li%enhance crop yield and protect against pests. Consequently, substantial investments are being funneled int%li%R&D initiatives by agrochemical companies, focusing on the creation of innovative, efficient, and environmentally-friendly pesticides. A key area of research includes the development of bio-pesticides, which are derived from naturally occurring substances and organisms, t%li%replace traditional chemical pesticides. Another focus is on formulating pesticides that target specific pests, reducing the impact on non-target species and the environment. This focus on innovative, targeted, and sustainable products is resulting in a new generation of pesticides, which in turn is expected t%li%propel global demand. The rise in R&D activities in this sector is therefore a primary driver for the increased demand and use of pesticides worldwide, facilitating enhanced agricultural productivity t%li%meet the needs of a growing global population.
Segmental Insights
Type Insights
Based on Type, Fungicides have emerged as the fastest growing segment in the Global Pesticides Market in 2023. This is primarily driven by fungicides, which hold a significant portion of the overall market share. The increasing occurrence of fungal diseases due t%li%climate change and changing weather patterns necessitates the use of fungicides t%li%protect crops from diseases such as powdery mildew, rust, and blight. As global temperatures rise and weather becomes more erratic, the prevalence of fungal pathogens is expected t%li%escalate, driving the demand for fungicides. The expansion of agriculture int%li%new regions and the intensification of farming practices contribute t%li%higher susceptibility of crops t%li%fungal infections, further boosting the demand for fungicides. Advancements in fungicide formulations and technologies, such as the development of environmentally friendly and bio-based fungicides, are attracting farmers wh%li%are increasingly conscious of environmental sustainability and regulatory concerns. The growing adoption of integrated pest management (IPM) practices, which emphasize the use of fungicides as part of a holistic approach t%li%crop protection, is expected t%li%drive the demand for fungicides in the forecast period.
Product Insights
Based on Product, Synthetic Pesticides have emerged as the dominating segment in the Global Pesticides Market in 2023. The growing concerns for the environment and increasing awareness about the detrimental impact of synthetic pesticides on human health have prompted a shift towards biopesticides. These biopesticides, derived from natural sources, offer a safer and more sustainable alternative. Despite the current dominance of synthetic pesticides in the market, it is worth noting that the biopesticides sector is projected t%li%experience substantial growth in the coming years. This growth can be attributed t%li%the increasing demand for eco-friendly and health-conscious pest control solutions. As consumers become more conscious of the potential risks associated with synthetic pesticides, the market is likely t%li%witness a gradual shift towards biopesticides, potentially altering the landscape of market dominance in the future.
Regional Insights
Based on Region, North America have emerged as the dominated region in the Global Pesticides Market in 2023. This is primarily attributed t%li%the high adoption rates of advanced farming practices and technologies, including pesticides, in the region. The United States, in particular, represents a significant share of the North American market. The favorable climate conditions, extensive agricultural land, and robust regulatory framework further contribute t%li%the region's dominance.
Key Market Players
- Bayer AG
- Syngenta Crop Protection AG
- BASF SE
- China National Chemical Corporation Ltd.
- BioWorks, Inc.
- Pr%li%Farm Group Inc.
- ADAMA Agricultural Solutions Limited
- Certis USA L.L.C.
- The Dow Chemical Company
In this report, the Global Pesticides Market has been segmented int%li%the following categories, in addition t%li%the industry trends which have als%li%been detailed below:
- Pesticides Market, By Type:
- Herbicides
- Fungicides
- Insecticides
- Others
- Pesticides Market, By Product:
- Synthetic Pesticides
- Bi%li%Pesticides
- Pesticides Market, By Application:
- Cereal
- Fruits
- Plantation Crops
- Vegetables
- Others
- Pesticides Market, By Formulation:
- Dry
- Liquid
- Pesticides Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Company Profiles: Detailed analysis of the major companies present in the Global Pesticides Market.
Available Customizations:
Global Pesticides Market report with the given market data, TechSci Research offers customizations according t%li%a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up t%li%five).
1. PRODUCT OVERVIEW
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. VOICE OF CUSTOMER
5. GLOBAL PESTICIDES MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Herbicides, Fungicides, Insecticides, Others)
5.2.2. By Product (Synthetic Pesticidess, Bio Pesticidess)
5.2.3. By Application (Cereal, Fruits, Plantation Crops, Vegetables, Others)
5.2.4. By Formulation (Dry, Liquid)
5.2.5. By Company (2023)
5.2.6. By Region
5.3. Market Map
6. NORTH AMERICA PESTICIDES MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Product
6.2.3. By Application
6.2.4. By Formulation
6.2.5. By Country
6.3. North America: Country Analysis
6.3.1. United States Pesticides Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Product
6.3.1.2.3. By Application
6.3.1.2.4. By Formulation
6.3.2. Mexico Pesticides Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Product
6.3.2.2.3. By Application
6.3.2.2.4. By Formulation
6.3.3. Canada Pesticides Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Product
6.3.3.2.3. By Application
6.3.3.2.4. By Formulation
7. EUROPE PESTICIDES MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Product
7.2.3. By Application
7.2.4. By Formulation
7.2.5. By Country
7.3. Europe: Country Analysis
7.3.1. France Pesticides Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Product
7.3.1.2.3. By Application
7.3.1.2.4. By Formulation
7.3.2. Germany Pesticides Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Product
7.3.2.2.3. By Application
7.3.2.2.4. By Formulation
7.3.3. United Kingdom Pesticides Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Product
7.3.3.2.3. By Application
7.3.3.2.4. By Formulation
7.3.4. Italy Pesticides Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Product
7.3.4.2.3. By Application
7.3.4.2.4. By Formulation
7.3.5. Spain Pesticides Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Product
7.3.5.2.3. By Application
7.3.5.2.4. By Formulation
8. ASIA PACIFIC PESTICIDES MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Product
8.2.3. By Application
8.2.4. By Formulation
8.2.5. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Pesticides Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Product
8.3.1.2.3. By Application
8.3.1.2.4. By Formulation
8.3.2. India Pesticides Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Product
8.3.2.2.3. By Application
8.3.2.2.4. By Formulation
8.3.3. South Korea Pesticides Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Product
8.3.3.2.3. By Application
8.3.3.2.4. By Formulation
8.3.4. Japan Pesticides Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Product
8.3.4.2.3. By Application
8.3.4.2.4. By Formulation
8.3.5. Australia Pesticides Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Product
8.3.5.2.3. By Application
8.3.5.2.4. By Formulation
9. SOUTH AMERICA PESTICIDES MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Product
9.2.3. By Application
9.2.4. By Formulation
9.2.5. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Pesticides Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Product
9.3.1.2.3. By Application
9.3.1.2.4. By Formulation
9.3.2. Argentina Pesticides Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Product
9.3.2.2.3. By Application
9.3.2.2.4. By Formulation
9.3.3. Colombia Pesticides Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Product
9.3.3.2.3. By Application
9.3.3.2.4. By Formulation
10. MIDDLE EAST AND AFRICA PESTICIDES MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Product
10.2.3. By Application
10.2.4. By Formulation
10.2.5. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Pesticides Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Product
10.3.1.2.3. By Application
10.3.1.2.4. By Formulation
10.3.2. Saudi Arabia Pesticides Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Product
10.3.2.2.3. By Application
10.3.2.2.4. By Formulation
10.3.3. UAE Pesticides Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Product
10.3.3.2.3. By Application
10.3.3.2.4. By Formulation
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. PORTERS FIVE FORCES ANALYSIS
13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Products
14. COMPETITIVE LANDSCAPE
14.1. Bayer AG
14.1.1. Business Overview
14.1.2. Company Snapshot
14.1.3. Products & Services
14.1.4. Financials (As Reported)
14.1.5. Recent Developments
14.1.6. Key Personnel Details
14.1.7. SWOT Analysis
14.2. Syngenta Crop Protection AG
14.3. BASF SE
14.4. China National Chemical Corporation Ltd.
14.5. BioWorks, Inc.
14.6. Pro Farm Group Inc.
14.7. ADAMA Agricultural Solutions Limited
14.8. Certis USA L.L.C.
14.9. The Dow Chemical Company
15. STRATEGIC RECOMMENDATIONS
16. ABOUT US & DISCLAIMER
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. VOICE OF CUSTOMER
5. GLOBAL PESTICIDES MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Herbicides, Fungicides, Insecticides, Others)
5.2.2. By Product (Synthetic Pesticidess, Bio Pesticidess)
5.2.3. By Application (Cereal, Fruits, Plantation Crops, Vegetables, Others)
5.2.4. By Formulation (Dry, Liquid)
5.2.5. By Company (2023)
5.2.6. By Region
5.3. Market Map
6. NORTH AMERICA PESTICIDES MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Product
6.2.3. By Application
6.2.4. By Formulation
6.2.5. By Country
6.3. North America: Country Analysis
6.3.1. United States Pesticides Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Product
6.3.1.2.3. By Application
6.3.1.2.4. By Formulation
6.3.2. Mexico Pesticides Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Product
6.3.2.2.3. By Application
6.3.2.2.4. By Formulation
6.3.3. Canada Pesticides Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Product
6.3.3.2.3. By Application
6.3.3.2.4. By Formulation
7. EUROPE PESTICIDES MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Product
7.2.3. By Application
7.2.4. By Formulation
7.2.5. By Country
7.3. Europe: Country Analysis
7.3.1. France Pesticides Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Product
7.3.1.2.3. By Application
7.3.1.2.4. By Formulation
7.3.2. Germany Pesticides Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Product
7.3.2.2.3. By Application
7.3.2.2.4. By Formulation
7.3.3. United Kingdom Pesticides Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Product
7.3.3.2.3. By Application
7.3.3.2.4. By Formulation
7.3.4. Italy Pesticides Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Product
7.3.4.2.3. By Application
7.3.4.2.4. By Formulation
7.3.5. Spain Pesticides Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Product
7.3.5.2.3. By Application
7.3.5.2.4. By Formulation
8. ASIA PACIFIC PESTICIDES MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Product
8.2.3. By Application
8.2.4. By Formulation
8.2.5. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Pesticides Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Product
8.3.1.2.3. By Application
8.3.1.2.4. By Formulation
8.3.2. India Pesticides Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Product
8.3.2.2.3. By Application
8.3.2.2.4. By Formulation
8.3.3. South Korea Pesticides Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Product
8.3.3.2.3. By Application
8.3.3.2.4. By Formulation
8.3.4. Japan Pesticides Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Product
8.3.4.2.3. By Application
8.3.4.2.4. By Formulation
8.3.5. Australia Pesticides Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Product
8.3.5.2.3. By Application
8.3.5.2.4. By Formulation
9. SOUTH AMERICA PESTICIDES MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Product
9.2.3. By Application
9.2.4. By Formulation
9.2.5. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Pesticides Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Product
9.3.1.2.3. By Application
9.3.1.2.4. By Formulation
9.3.2. Argentina Pesticides Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Product
9.3.2.2.3. By Application
9.3.2.2.4. By Formulation
9.3.3. Colombia Pesticides Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Product
9.3.3.2.3. By Application
9.3.3.2.4. By Formulation
10. MIDDLE EAST AND AFRICA PESTICIDES MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Product
10.2.3. By Application
10.2.4. By Formulation
10.2.5. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Pesticides Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Product
10.3.1.2.3. By Application
10.3.1.2.4. By Formulation
10.3.2. Saudi Arabia Pesticides Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Product
10.3.2.2.3. By Application
10.3.2.2.4. By Formulation
10.3.3. UAE Pesticides Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Product
10.3.3.2.3. By Application
10.3.3.2.4. By Formulation
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. PORTERS FIVE FORCES ANALYSIS
13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Products
14. COMPETITIVE LANDSCAPE
14.1. Bayer AG
14.1.1. Business Overview
14.1.2. Company Snapshot
14.1.3. Products & Services
14.1.4. Financials (As Reported)
14.1.5. Recent Developments
14.1.6. Key Personnel Details
14.1.7. SWOT Analysis
14.2. Syngenta Crop Protection AG
14.3. BASF SE
14.4. China National Chemical Corporation Ltd.
14.5. BioWorks, Inc.
14.6. Pro Farm Group Inc.
14.7. ADAMA Agricultural Solutions Limited
14.8. Certis USA L.L.C.
14.9. The Dow Chemical Company
15. STRATEGIC RECOMMENDATIONS
16. ABOUT US & DISCLAIMER
