North America Crop Protection Chemicals Market Set to Surge, Projected Worth Reaches $14.08 Billion by 2030-Exclusive Insights from Meticulous Research®

[Redding, California, 14-03-2024 ] : Meticulous Research®, a leading provider of market intelligence, unveils its latest report titled "North America Crop Protection Chemicals Market by Type (Synthetic [Herbicides, Insecticides], Biological [Bioinsecticides, Bioherbicides]), Formulation (Liquid, Dry), Mode of Application (Seed Treatment, Soil Treatment), Crop Type-Forecast to 2030," forecasting the North America crop protection chemicals market to escalate to a value of $14.08 billion by 2030, showcasing a robust CAGR of 4.0% from 2023 to 2030 in terms of value, and 1,299,600.5 tons by 2030, demonstrating a substantial CAGR of 3.0% in terms of volume over the same period.

Crop protection chemicals, pivotal in modern agriculture for safeguarding crops against pests, diseases, and weeds, are witnessing extensive usage in North America, encompassing the U.S. and Mexico, owing to the region's expansive agricultural landscape and diverse crop portfolio. With North American farmers facing an array of challenges such as pests, diseases, and weeds, the demand for effective crop protection solutions is on the rise.

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Market Dynamics

Driving the North America crop protection chemicals market's growth trajectory are factors including the surge in organic farming, heightened demand for organic food, escalating environmental awareness, governmental initiatives promoting biopesticides, increasing preference for cost-effective crop protection solutions, and the alarming decline in arable land. Moreover, the growing adoption of integrated pest management and biological seed treatments presents significant growth avenues. Nevertheless, challenges such as low adoption rates of biological chemicals and stringent regulatory frameworks pose hindrances to market expansion.

Key Players and Market Segmentation

Prominent players shaping the North America crop protection chemicals market include BASF SE, Bayer AG, Corteva, Inc., FMC Corporation, Novozymes A/S, Nufarm Limited, Syngenta AG, Sumitomo Chemical Co., Ltd., American Vanguard Corporation, UPL Limited, ADAMA Agricultural Solutions Ltd., Pro Farm Group, Gowan Company LLC, BioWorks, Inc., and Vive Crop Protection, Inc.

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The report provides a comprehensive analysis based on type, formulation, mode of application, crop type, and country, offering insights into historical data, current estimations, and future projections.

Market Assessment:

Type: Synthetic Crop Protection Chemicals (Herbicides, Insecticides, Fungicides, Others), Biological Crop Protection Chemicals (Bioinsecticides, Biofungicides, Bionematicides, Bioherbicides, Others)

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