Press release
Pesticides Market to Expand from $1.30 Bn in 2023 to $2.79 Bn by 2030 at 11.5% CAGR
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ:The Pesticides Market is experiencing a significant increase in demand, driven by the growing need for effective agricultural solutions and pest management. Valued at $1.30 billion in 2023, the market is expected to expand substantially, reaching nearly $2.79 billion by 2030, with a compound annual growth rate (CAGR) of 11.5%. This growth is fueled by factors such as rising agricultural production, the need to enhance crop yields, and the ongoing battle against pests and diseases affecting crops. Advances in pesticide formulations and the development of new, more effective products are also contributing to the market's expansion. As the global population grows and the demand for food increases, the need for efficient pest control solutions is driving the upward trend in the pesticides market.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The size of the pesticides market was estimated at US$ 1.30 billion in 2023, and it is projected that total revenue will increase at a rate of 11.5% from 2024 to 2030, when the market is predicted to reach US$ 2.79 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/110794/
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐ฒ๐ฉ๐
Bio- Pesticides
Synthetic Pesticides
Others
The market is divided further into synthetic pesticides, biopesticides, and other categories. The synthetic pesticides category held a sizable share of the pesticides market in 2023. The global market for synthetic pesticides is anticipated to expand over the course of the forecast period due to improved pesticide utilisation efficiency. The use of synthetic pesticides is being driven by a number of causes, including less cultivable area, growing food demand, greater adoption of genetically modified (GM) crops, and acceptance of novel agricultural practices. Restricting the use of pesticides in the production of fruits, vegetables, and grains may lead to a 78 percent decrease in output, according a study published in the Proceedings of the International Academy of Ecology and Environmental Sciences (IAEES).
๐๐ฒ ๐๐ซ๐จ๐ฉ ๐๐ฒ๐ฉ๐
Vegetables & Fruits
Oilseeds & Pulses
Cereals & Grains
Commercial Crops
Plantation Crops
Turfs & Ornamentals
Others
The market is divided into submarkets based on crop type, including Turfs & Ornamentals, Oilseeds & Pulses, Cereals & Grains, Commercial Crops, Plantation Crops, and Vegetables & Fruits. The pesticides market was dominated by the cereals and grains category in 2023. Grain production has seen a rise in the usage of pesticides due to the growing need for food security, the onset of climate change, and the possibility of more drought. A number of global organizations have started initiatives to inform farmers about the use of pesticides in the production of grains. In Lesotho, for instance, the UN launched a project titled "Strengthening the capacity of smallholder farmers, extension personnel, and agro-dealers on judicious use of herbicides" in an effort to raise farmers' knowledge of herbicides and other pesticides and protect community.
๐๐ฒ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง
Liquid
Dry
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Pesticides Market is on a robust growth trajectory, with its size increasing from $1.30 billion in 2023 to an anticipated $2.79 billion by 2030. This significant expansion, driven by a compound annual growth rate (CAGR) of 11.5%, reflects the escalating demand for pest control solutions in agriculture. The market's growth is supported by the need to enhance crop productivity, safeguard crops from pests and diseases, and improve food security. Innovations in pesticide technologies and formulations, along with the rising adoption of integrated pest management (IPM) practices, are further propelling market expansion. As the global population continues to grow and agricultural challenges become more complex, the pesticides market is positioned to play a crucial role in meeting the demands of modern agriculture.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/110794/
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Pesticides market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Pesticides, are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The approach that gives investors relevant information by combining SWOT and descriptive analysis is covered in the report. The study's main objective is to provide a comprehensive picture of the Pesticides market. The process of gathering data uses a variety of methods, such as surveys and questionnaires. Following this, mathematical, statistical, and numerical approaches are used to evaluate the data. It takes a combination of qualitative and quantitative research approaches to identify Pesticides market trends, so gathering and processing data is crucial.By carefully examining the situation of buyer-direct, RD initiatives, innovative forms of development, cutting-edge industry techniques, and market consolidations and acquisitions, the research evaluates the potential futures of the market. The research includes methods, organizational charts, portfolios, and a critical evaluation of well-known corporate executives. Pesticides Doors underwent a thorough PESTLE study and SWOT analysis in order to provide microeconomic variables and detect market trends.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/110794/
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1.The DOW Chemical Company
2.BASF SE
3. Bayer AG
4. Syngenta AG
5. Sibbiopharm Ltd.
6. Monsanto Company
7. AGROPHARM Ltd.
8. United Phosphorous Ltd.
9. Doff Portland Ltd.
10.Aeroxon Insect Control GmbH
11.Zotal Laboratories
12.GVI Life Care Co., Ltd.
13.DAEGIL Co., Ltd.
14.Hebei Maison Chemical Co., Ltd.
15.Anhui Xiangfeng Chemical Co., Ltd.
16.Aristo Biotech and Life Science Pvt. Ltd.
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:https://www.maximizemarketresearch.com/market-report/pesticides-market/110794/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Pesticides?
โข What is the growth rate of the Pesticides?
โข Which are the factors expected to drive the Pesticides market growth?
โข What are the different segments of the Pesticides?
โข What growth strategies are the players considering to increase their presence in Pesticides?
โข What are the upcoming industry applications and trends for the Pesticides?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Pesticides?
โข What major challenges could the Pesticides face in the future?
โข What segments are covered in the Pesticides?
โข Who are the leading companies and what are their portfolios in Pesticides?
โข What segments are covered in the Pesticides?
โข Who are the key players in the Pesticides market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Pesticides Market Current Situation And Growth
The global pesticides market is expected to witness a CAGR of 5.5% over the assessment period of 2021-2031 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.
With rising awareness towardโฆ