The global crop protection products market encompasses a wide range of chemical, biological, and natural agents used to safeguard crops from pests, diseases, and weeds. These products include herbicides, insecticides, fungicides, and biopesticides, playing a critical role in ensuring agricultural productivity and food security. The market is driven by the need to increase crop yields to meet growing global food demand, particularly in the face of challenges such as climate change, declining arable land, and pest resistance. Farmers rely on these products to protect crops and optimize output, especially in regions with intensive agriculture. The market is also influenced by stringent regulations governing pesticide usage, as well as a growing demand for eco-friendly and sustainable crop protection solutions, such as organic and biological alternatives. Key players in the market focus on innovation, developing new formulations that are more effective, environmentally safe, and compliant with global regulatory standards.
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Data Bridge Market Research analyzes that the Global Crop Protection Products Market is expected to reach USD 115.52 Million by 2031 from USD 80.07 Million in 2023, growing with a substantial CAGR of 4.74% in the forecast period of 2024 to 2031.
Key Findings of the Study
Fast Changing Climate and Agricultural Practices
Rapid shifts in climate and evolving agricultural practices are significantly driving the demand for crop protection products. Climate change is causing unpredictable weather patterns, which have led to increased pest outbreaks and crop diseases, affecting agricultural productivity worldwide. As temperatures rise and rainfall patterns change, pests and pathogens can thrive in new regions or seasons, attacking crops that were previously unaffected. This phenomenon has amplified the need for effective crop protection strategies to ensure food security and minimize crop losses.
In response to these challenges, farmers are increasingly relying on crop protection products such as herbicides, fungicides, and insecticides to manage pests and diseases. Without these products, crop yields would be severely compromised, impacting food supply and leading to economic losses, particularly in regions dependent on agriculture. In addition, modern agricultural practices such as monoculture can exacerbate the vulnerability of crops to pests and diseases. As a result, crop protection solutions become indispensable in safeguarding these large-scale farming systems.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion
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Segments Covered
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Active Ingredient (Bacillus Thuringiensis (BT), Azoxystrobin, Bifenthrin, Fludioxonil, Acephate, Boscalid, Bendiocarb, 1-Methylcyclopropene, Calcium Chloride, Daminozide, Benzyl Adenine, and Others), Product Type (Herbicides, Insecticides, Fungicides, Plant Growth Regulators, Acaricides, Fumigants, Nemathists, Spread Adhesives, and Others) Origin (Synthetic and Biopesticides), Form (Liquid and Dry), Application (Foliar Spray, Seed Treatment, Soil Treatment, Post-Harvest, Chemigation, and Others), Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Turf & Ornamentals, and Other Crops)
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Countries Covered
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U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Turkey, Netherlands, Belgium, Switzerland, Denmark, Sweden, Poland, Norway, Finland, Rest Of Europe, China, India, Japan, Australia, South Korea, Indonesia, Thailand, Vietnam, Malaysia, Philippines, Taiwan, Singapore, New Zealand, Rest Of Asia-Pacific, Brazil, Argentina, Rest Of South America, South Africa, Egypt, Saudi Arabia, U.A.E, Israel, Oman, Bahrain, Qatar, Kuwait, and Rest of Middle East And Africa,
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Market Players Covered
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Nufarm (Australia), Dow (U.S.), Bayer AG (Germany), Biobest Group NV (Belgium), koppert (Netherland), nissan chemical corporation (U.S.), sumitomo chemical co., ltd. (Japan), BASF (Germany), fmc corporation (U.S.), Nutrichem company limited (China), seipasa sa (Spain), verdesian life sciences (U.S.), ADAMA (India), UPL (India), gowan company (U.S.), bioworks, inc. (U.S.), corteva (U.S.), zhejiang rayfull chemicals co.,ltd. (China), novozymes a/s, part of novonesis group (Denmark), certis usa l.l.c. (U.S.), hektaş (Turkey), valent biosciences llc. (U.S.), and Syngenta Crop Protection AG (Switzerland)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The global crop protection products market is segmented into six notable segments based on active ingredient, product type, origin, form, application, and crop type.
- On the basis of active ingredient, the market is segmented into Bacillus Thuringiensis (BT), azoxystrobin, bifenthrin, fludioxonil, acephate, boscalid, bendiocarb, 1-methylcyclopropene, calcium chloride, daminozide, benzyl adenine, and others
In 2024, the Bacillus Thuringiensis (BT) segment dominates the global crop protection products market
In 2024, the Bacillus Thuringiensis (BT) segment is expected to dominate the market with a market share of 21.24% due to its effectiveness as a natural biopesticide, targeting specific pests without harming beneficial insects, crops, or the environment, aligning with the rising demand for eco-friendly solutions
- On the basis of product type, the market is segmented into herbicides, insecticides, fungicides, plant growth regulators, acaricides, fumigants, nemathists, spread adhesives, and others
In 2024, the herbicides segment dominates the global crop protection products market
In 2024, the herbicides segment is expected to dominate the market with a market share of 43.57% due to their effectiveness in controlling weeds, improving crop yields, and supporting efficient agricultural practices.
- On the basis of origin, the market is segmented into synthetic and biopesticides. In 2024, the synthetic segment is expected to dominate the market with a market share of 92.28%
- On the basis of form the market is segmented into liquid and dry. In 2024, the liquid segment is expected to dominate the market with a market share of 84.81%
- On the basis of application the market is segmented into foliar spray, seed treatment, soil treatment, post-harvest, chemigation, and others. In 2024, the foliar spray segment is expected to dominate the market with a market share of 40.24%
- On the basis of crop type the market is segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, turf & ornamentals, and other crops. In 2024, the cereals & grains segment is expected to dominate the market with a market share of 41.61%
Major Players
Data Bridge Market Research Analyses Bayer AG(Germany), Syngenta Crop Protection AG (Switzerland), Corteva (U.S.), Sumitomo Chemical Co., Ltd., (Japan), and FMC Corporation U.S.), as major market players in this market.
Recent Developments
- In June 2024, The Syngenta and InstaDeep have partnered to accelerate crop seed trait research by leveraging AI Large Language Models. This partnership enhances Syngenta Seeds' R&D capabilities by increasing speed, precision, and efficiency in accelerating trait development. Large Language Models (LLMs) are designed to shorten research cycles and strengthen decision-making processes, delivering valuable solutions to farmers. The combined expertise exemplifies transformative product innovation for corn and soybean crops through collaboration and cutting-edge technology
- In August 2023, The Company had made substantial investments to enhance its portfolio of biological solutions for plant and seed health. Following its acquisition of Valagro in 2020, the company has consistently invested in research and development, while also expanding its range of advanced biological solutions through a series of commercial partnerships and research collaborations. This partnership helps to increase the more global presence
- In August, 2023 BASF launched the xarvio Agro Experts program in Brazil, linking agronomic consultancies with farmers through xarvio FIELD MANAGER. This initiative aimed to enhance digital farming knowledge and support for soybean, corn, and cotton cultivation
- In May 2023, Kubota, and ZEN-NOH announced a collaboration to enhance rice production in Japan. They integrated BASF’s xarvio FIELD MANAGER with Kubota’s KSAS platform to optimize fertilizer use, aiming for increased yields and improved sustainability
- In January 2023, Corteva expanded farmer access to its Enlist herbicide system in 2024, enhancing weed management capabilities. This innovative solution offered effective control of resistant weed species while promoting sustainable agricultural practices. By focusing on maximizing crop yields, the Enlist system empowered growers to tackle tough challenges in modern farming efficiently
- In July 2022 , FMC Corporation (announced the successful completion of its acquisition of BioPhero ApS, a Denmark-based pheromone research and production company, having satisfied all regulatory approvals and conditions following the agreement signed on June 29, 2022
Regional Analysis
On the basis of country, the market is segmented into U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Turkey, Netherlands, Belgium, Switzerland, Denmark, Sweden, Poland, Norway, Finland, Rest Of Europe, China,, India, Japan, Australia, South Korea, Indonesia, Thailand, Vietnam, Malaysia, Philippines, Taiwan, Singapore, New Zealand, Rest Of Asia-Pacific, Brazil, Argentina, Rest Of South America, South Africa, Egypt, Saudi Arabia, U.A.E, Israel, Oman, Bahrain, Qatar, Kuwait, and Rest of Middle East And Africa.
As per Data Bridge Market Research analysis:
North America is the fastest growing and expected to be the dominating region in the market
In 2024, North America is expected to dominate the market due to advanced agricultural practices, strong research and development, and high demand for innovative solutions
For more detailed information about the global crop protection products market report, click here – https://www.databridgemarketresearch.com/reports/global-crop-protection-products-market
