Press release
Pesticides Market Revenue will Reach US$ 188 Bn end of 2031
Pesticides Market 2022-2031
The global pesticides market is expected to witness a CAGR of 5.5% over the assessment period of 2022-2031 and expand around 1.8X in value over the next ten years.
Demand for agricultural products is rising at a rapid pace across the globe. Food demand is increasing rapidly, especially across East Asia and South Asia Pacific. High growth in population is the key factor elevating demand for agricultural products.
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With rising awareness toward environment protection, a huge shift in the consumer base toward organic foods has been observed over the recent past. Demand for bio pesticides has increased at a very rapid pace. With rising awareness among consumers toward environment protection and eco-friendly products, demand for bio-pesticides is expected to rise rapidly in the near future. However, stringent regulations imposed over the use of harmful synthetic chemicals are expected to stunt market growth to some extent going ahead.
Key Players:
The report has profiled some of the important players prevalent in the global like - Bayer Crop Science AG, Marrone Bio Invention, Adama Agricultural Solutions, Certis USA LLC, Dow Inc., Monsanto, Isagro SPA, Camson Bio Technology Ltd, Andermatt Biocontol AG, BASF SE, Som Phytopharma India Ltd, Varsha Bio science & Technology, Syngenta AG , Koppert Biological Systems, BioWorks Inc., Valent Bio science corp, Corteva agriscience, UPL limited, FMC Corporation, Vestaron, Innatrix Inc., Aphea.Bio, Terramerra PlantHealth, Vegalab, Evolution biotechnologies, Seipasa, Novozymes A/S, Nufarm, Bio best Group NV, BioControl AG, Jaivik Crop Care LLP, Parry America Inc., Bionema, Ecodeaz, Greenland Bioscience, Andermatt Biocontrol AG, Oro agri, Futureco Biosciece, Rolfes Agri, Redox Industries limited, Lemandou Chemicals, King Biotech, Awiner Biotech, AgbiTech LLC,Hebei Veyong Bio chemical, Arysta Life sciences, Biofa GmbH, Stokton Ltd, Bio Org Pro, Enviro Bio-Chem,Antofénol and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Pesticides Market.
Market players are involved in acquisitions, mergers, and expansion to gain a string foothold in this competitive space.
In July 2021, Corteva signed an agreement with Andermatt USA to provide U.S. farmers with new bio control solutions.
In Dec 2017, Koppert Biological Systems acquired Brazilian biological control company - BUG Agents Biologicos, which will help Koppert strengthen its position in the macro- biological crop protection market in Latin America.
Key Takeaways from Market Study
Global sales of pesticides are anticipated to reach a value of US$ 188 Bn by the end of 2031.
By virtue of its high food and agricultural production, the East Asian region represents a commanding share in the global consumption of pesticides.
Rising demand for food and agricultural products across the globe is elevating demand for pesticides.
Stringent regulations imposed over various harmful and synthetic chemicals used in the production of pesticides are likely to hinder market growth over the coming years.
Key manufacturers are engaged in market expansion activities through strategic acquisitions, mergers, and collaborations in order to a gain competitive edge in the market.
"Demand for bio-pesticides is increasing at a much higher rate as compared to conventional pesticides, owing to rising awareness about the environment among consumers," says a Persistence Market Research analyst.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Pesticides Market Manufacturers
Pesticides Market Distributors/Traders/Wholesalers
Pesticides Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Pesticides Market - Report Highlights
A detailed overview of parent market of Pesticides Market
Changing Pesticides Market dynamics in the industry
In-depth segmentation of the Pesticides Market
Historical, current, and projected Pesticides Market size regarding volume and value
Recent industry trends and developments in Pesticides Market
Competitive landscape of the Pesticides Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Pesticides Market performance
Must-have information for Pesticides Market players to sustain and enhance their market footprint
Key Questions Answered in the Pesticides Market Report
How is the Pesticides Market expected to grow over the projected period?
What direction is the Pesticides Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Pesticides Market in future?
What are the key market drivers in the Pesticides Market?
What are significant opportunities and improvement areas for Pesticides Market manufacturers?
What are the key developments and trends taking over the Pesticides Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Pesticides Market?
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About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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