Agricultural Pesticides Market Size, Share, Growth, and Industry Growth by Type (Herbicides, Insecticides, Fungicides, and Others) By Application (Cereal, Fruits, Plantation Crops, Vegetables, and Others) Regional Forecast To 2033
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AGRICULTURAL PESTICIDES MARKET OVERVIEW
The global Agricultural Pesticides Market, valued at USD 69.04 billion in 2024, is projected to grow steadily to USD 71.17 billion in 2025 and reach USD 90.71 billion by 2033, maintaining a CAGR of 3.08% from 2025 to 2033.
Agricultural pesticides are used to control pests, including weeds. It is used to protect plants from fungi, insects, or weeds.
Factors that positively boost market growth are faster economic growth and increased population globally. Increased awareness about modern farming techniques and the growing need to protect cultivation from fungi, insects, or weeds. Rise in R&D activities and rise in government regulations. All these factors are anticipated to fuel market growth. Increased demand for organic food products an increased number of farmers, and easy availability of the product are expected to surge market growth. A rise in demand for organic food and high order to prevent food wastage and the shortage is estimated to surge market growth. The increased need for fresh vegetables and fruits is predicated to fuel market growth. On the contrary, a rise in awareness about the side effects of pesticides and geopolitical tensions coupled with expired issues is anticipated to harm market growth in the forthcoming years.
AGRICULTURAL PESTICIDES MARKET KEY FINDINGS
- Market Size and Growth: The global agricultural pesticides market was valued at USD 69.04 billion in 2024 and is projected to reach USD 90.71 billion by 2033.
- Key Market Driver: The necessity to increase food production due to population growth is a primary driver, with a projected need to boost food output by 70% by 2050.
- Major Market Restraint: Environmental and health concerns are leading to stricter regulations, such as the UK's initiative to cut pesticide use by 10% by 2030.
- Emerging Trends: The development and adoption of nano-insecticides are emerging trends aimed at improving pesticide efficiency and reducing ecological impact.
- Regional Leadership: The Asia-Pacific region leads in pesticide consumption, accounting for over 30% of the global market, driven by extensive agricultural activities.
- Competitive Landscape: Key players like Albaugh and Hubei Sanonda are expanding their product portfolios and global reach to maintain competitiveness in the market.
- Market Segmentation: The market is segmented by type into herbicides, insecticides, fungicides, and others, and by application into cereals, fruits, plantation crops, vegetables, and others.
- Recent Development: The increased use of generic pesticides by U.S. farmers in 2024, now making up about 80% of the market, signifies a shift towards cost-effective crop protection solutions.
COVID-19 IMPACT
Restricted Transportation and Halt in Import & Export Activities to Harm Market Growth
The outbreak of the Coronavirus pandemic has affected the agriculture input sector. Lockdown restrictions and local transport of raw material to hamper market growth. The market witnessed disruption in the supply chain coupled with disturbance in distributing agrochemical. Further, socio-economic upheavals and halt in import export activities. These factors hampered market growth during the pandemic period.
LATEST TRENDS
Growing Scope of Nano-Insecticides to Drive Market Growth
Increased scope of non-insecticides coupled with horticulturists & toxicologists are adopting nanotechnology. Rapid development of new insecticides associated with increased study to develop non-toxic pesticides is anticipated to fuel market growth. The product is more effective when it is sprayed on agriculture fields. Faster economic growth and increased population globally. Increased awareness about modern farming techniques and the growing need to protect cultivation from fungi, insects, or weeds. Rise in R&D activities and rise in government regulations. All these factors are anticipated to fuel market growth in the forthcoming years.
- Adoption of Nano-Insecticides: The integration of nanotechnology in pesticide formulations has led to the development of nano-insecticides, enhancing efficacy and reducing environmental impact.
- Shift Towards Generic Crop Chemicals: In 2024, U.S. farmers increased the use of generic pesticides, which now constitute approximately 80% of the market, driven by cost-saving measures amid low commodity prices.
AGRICULTURAL PESTICIDES MARKET SEGMENTATION
By Type
Based on type, the market is divided into insecticides, herbicides, fungicides, and others.
Herbicides are expected to be the top part of the segmentation type.
By Application
Based on the application, the market is divided into fruits, cereal, plantation crops, vegetables, and others.
Plantation crops are expected to be the top part of application segmentation.
DRIVING FACTORS
Adoption of Modern Farming Techniques to Fuel Market Growth
Increased adoption of modern farming techniques coupled with high adoption of intensive farming techniques is anticipated to fuel market growth. Growing agriculture mechanization and intensification are estimated to surge market growth. Increased demand for the product among farmers is predicted to drive market growth. Further, the growing population and majority of farmers focus on protecting farms from damage. The increased need for pest management coupled with different pest control methods is estimated to fuel market growth in the forthcoming years. Growing awareness about crop management is anticipated to accelerate market growth in the upcoming years.
- Population Growth and Food Demand: The global population is projected to reach 9.7 billion by 2050, necessitating a 70% increase in food production, thereby driving the demand for agricultural pesticides to enhance crop yields.
- Expansion of Arable Land in Developing Regions: Developing countries are increasing arable land to meet food demands, with Asia-Pacific accounting for over 30% of global pesticide consumption due to intensified farming practices.
Change in Climate Condition and Growing Need to Control Pest to Accelerate Market Growth
Change in climatic condition and an increased need for an economical solution is projected to surge market growth. A rise in the need for effective crop solutions is predicted to drive market growth. Further, several climatic fluctuations and irregular rainfall is estimated to surge market growth. The majority of farmers depend on pesticides to increase crop production. High demand for increased food production rates coupled with a rise in fungal population is anticipated to accelerate market growth in the forthcoming years. Increased research and development activities are projected to expand agricultural pesticides market growth.
RESTRAINING FACTORS
Side Effects of Pesticides and Geopolitical Tensions to Harm Market Growth
A rise in awareness about the side effects of pesticides on the environment and geopolitical tensions coupled with expired issues is anticipated to harm market growth in the forthcoming years.
- Health and Environmental Concerns: The UK government plans to reduce pesticide use on arable farms by 10% by 2030 to protect pollinators, reflecting growing concerns over environmental and health impacts.
- Regulatory Challenges in International Trade: During trade negotiations, the U.S. has criticized the UK's stringent pesticide regulations, viewing them as barriers to American agricultural exports.
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AGRICULTURAL PESTICIDES MARKET REGIONAL INSIGHTS
Increased Population and Adoption of Crop Protection Products in Asia Pacific to Drive Market Share
Asia Pacific is anticipated to account for the highest agricultural pesticides market share due to increased population and growing awareness to adopt crop protection products. The expansion of cultivated areas in the region and the increased need for food crops is anticipated to fuel market growth. Faster economic growth and increased population globally. Increased awareness about modern farming techniques and the growing need to protect cultivation from fungi, insects, or weeds. Rise in R&D activities and rise in government regulations. All these factors are anticipated to fuel market growth. Modern farm inputs adoption and growing exports of agricultural commodities are expected to fuel market growth in the region.
KEY INDUSTRY PLAYERS
Leading Players Adopt New Strategies to Stay Competitive
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
- Albaugh (U.S.): Albaugh, LLC is a significant player in the agrochemical industry, offering a broad portfolio of crop protection products, including herbicides, insecticides, and fungicides, catering to global markets.
- Hubei Sanonda (China): Hubei Sanonda Co., Ltd., established in 1958, is a prominent Chinese pesticide manufacturer, producing a wide range of agrochemical products and serving both domestic and international markets.
List of Top Agricultural Pesticides Companies
- Albaugh (U.S.)
- Hubei Sanonda (China)
- Nufarm (Australia)
- Syngenta AG (Switzerland)
- Land O'Lakes, Inc. (U.S.)
- Schirm GmbH (U.S.)
- Sumitomo Chemical (Japan)
- FMC (U.S.)
- DowDuPont (U.S.)
- SC Johnson (U.S.)
- Jiangsu Good Harvest-Weien Agrochemical (China)
- Agro-Kanesho Co., Ltd. (Japan)
- Bayer AG (Germany)
- Monsanto (U.S.)
- Agrium (Canada)
- Nippon Soda Co., Ltd. (Japan)
- Mitsubishi Corporation (Japan)
- BASF SE (Germany)
- Mitsui & Co., Ltd. (Japan)
- Marubeni Corporation (Japan)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
Attributes | Details |
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Market Size Value In |
US$ 69.04 Billion in 2024 |
Market Size Value By |
US$ 90.71 Billion by 2033 |
Growth Rate |
CAGR of 3.08% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
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By Type
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By Application
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FAQs
The global agricultural pesticides market size is expected to reach USD 90.71 billion by 2033.
The agricultural pesticides market is expected to exhibit a CAGR of 3.08% by 2033.
Drivers of this agricultural pesticides market are adoption of modern farming techniques and change in climate condition and growing need to control pest.
Albaugh, Hubei Sanonda, Nufarm, Syngenta AG, Land OLakes, Inc., Schirm GmbH, Sumitomo Chemical, FMC, DowDuPont, SC Johnson, Jiangsu Good Harvest-Weien Agrochemical, Agro-Kanesho Co., Ltd., Bayer AG, Monsanto, Agrium, Nippon Soda Co., Ltd., Mitsubishi Corporation, BASF SE, Mitsui & Co., Ltd., and Marubeni Corporation are the top companies operating in the agricultural pesticides market.