Press release
Speciality Pesticides Market Size, Share, Growth, Forecast 2024 To 2033
Speciality Pesticides Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=7976&type=smp
According to The Business Research Company's, The speciality pesticides market size has grown strongly in recent years. It will grow from $132.26 billion in 2023 to $142.96 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increased need for crop protection, expansion of precision farming practices, rise in global population, emergence of resistant pest strains, demand for sustainable agriculture, growing awareness of food safety, expansion of protected cultivation.
The speciality pesticides market size is expected to see strong growth in the next few years. It will grow to $191.72 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to globalization of agriculture, market demand for high-value crops, advancements in biopesticides, rapid expansion of organic farming, global food security concerns, focus on reduced environmental impact, regulatory support for sustainable practices. Major trends in the forecast period include integrated pest management (ipm), innovation in formulations, advancements in seed treatment, biotechnological solutions in pest control, digital agriculture and smart pesticides, investment in research and development, crop-specific solutions.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/specialty-flours-global-market-report
Market Drivers and Trends:
The increasing adoption of precision farming is expected to propel the growth of specialty pesticides market going forward. Precision farming refers to the use of advanced technology, information, and management practices to optimize various aspects of farming on a site-specific basis. Precision farming technologies, such as Variable Rate Technology (VRT) and data analytics, allow farmers to optimize the use of specialty pesticides, applying them specifically where needed. This approach reduces environmental impact, improves crop protection, and enhances overall farm profitability by minimizing pesticide usage, aligning with sustainable agricultural practices. For instance, in May 2022, according to the Canadian government official website, the Canadian government disclosed a funding commitment of $435,786 ($560,425) to advance an integrated system for precision farming in fruit orchards. This investment is directed at acquiring sustainable solutions to address emerging challenges within Canada's apple industry. Therefore, the increasing adoption of precision farming is driving the growth of specialty pesticides market.
Major companies operating in the specialty pesticides market are developing new pesticides with specialized formulation to gain a competitive edge in the market. For instance, in April 2022, BASF SE, a Germany-based chemicals company launched Exponus, an insecticide designed to empower Indian farmers in safeguarding their crops and enhancing productivity. Fueled by BASF's innovative active ingredient, Broflanilide, Exponus stands out with its novel mode of action, classified under the new IRAC group 30, representing meta-diamides and isoxazolines. This classification ensures no known cross-resistance with existing products, making Exponus a superior tool in insecticide resistance management. The insecticide delivers powerful, quick, and versatile control against resilient pests like caterpillars and thrips, addressing the challenge of resistance to prevailing chemistries.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Syngenta Crop Protection AG (ChemChina), Bayer Crop Science LLC, BASF SE, Dow AgroSciences LLC, Sumitomo Chemicals Co. Ltd., Corteva Agriscience Division of DowDuPont, Monsanto Company (Bayer), FMC Corporation, UPL Limited, Nufarm Limited, ADAMA Agricultural Solutions Ltd., Arysta Lifescience Inc., Isagro SPA, Limin Group Co. Ltd., Hailir Pesticides and Chemicals Group Co. Ltd., Shandong Luba Chemical Co. Ltd., Jiangsu Changqing Agrochemical Co. Ltd., Guangdong Zhongxun Agricultural Science Co. Ltd., Zhejiang Heben Pesticide & Chemicals Co. Ltd., Nippon Soda Co. Ltd., Nissan Chemical Corporation, Mitsui Chemicals Agro Inc., Cheminova A/S, DuPont de Nemours Inc., Makhteshim Agan Industries Ltd., Sinochem International Corporation, Jiangsu Huifeng Agrochemical Co. Ltd., Jiangsu Yangnong Chemical Group Co. Ltd., Rotam CropSciences Ltd., Gowan Company LLC, Albaugh LLC
Speciality Pesticides Market 2024 Key Insights:
• The speciality pesticides market size is expected to see strong growth in the next few years. It will grow to $191.72 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.
• Rising Global Food Demand To Drive Market Growth
• Product Innovations Transforming The Specialty Pesticides Market
• Asia-Pacific was the largest region in the speciality pesticides market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=7976&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Speciality Pesticides Market Size, Share, Growth, Forecast 2024 To 2033 here
News-ID: 3745339 • Views: …
More Releases from The Business Research Company
Surgical Meshes Market Landscape to 2034: Key Forces Shaping the Next Decade of …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Surgical Meshes Market Size By 2025?
In the past few years, the market size of surgical meshes has seen significant growth. It is projected to expand from $2.03 billion in 2024 to $2.18 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 7.3%.…
Rehabilitation Equipment Market Poised to Hit $23.97 Billion by 2029 with Accele …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Rehabilitation Equipment Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a significant growth in the size of the rehabilitation equipment market. Projected to increase from $17.36 billion in 2024, it is expected to reach $18.49 billion in 2025, with a compound annual…
Future of the Pediatric Neurology Device Market: Strategic Analysis and Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Pediatric Neurology Device Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for pediatric neurology devices has seen significant expansion in recent years, climbing from $2.5 billion in 2024 to an anticipated $2.65 billion in 2025, reflecting a compound annual growth rate (CAGR)…
Key Trends Influencing the Growth of the Orthokeratology Lens Market in 2025: In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Orthokeratology Lens Market Through 2025?
The market for orthokeratology lenses has seen a significant increase in size over recent years. It's projected to expand from $2.56 billion in 2024 to $2.75 billion in 2025, with a compound annual growth rate (CAGR) of…
More Releases for Pesticide
Key Factor Supporting Pesticide Adjuvant Market Development in 2025: Increasing …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Pesticide Adjuvant Market Size By 2025?
The market for pesticide adjuvants has experienced significant growth lately. Its size is predicted to increase from $4.53 billion in 2024 to $4.91 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.2%. This growth in the…
Rising Pesticide Adoption Fuels Growth In Pesticide Inert Ingredients Market Dri …
What combination of drivers is leading to accelerated growth in the pesticide inert ingredients market?
The increase in the use of pesticides is anticipated to fuel the expansion of the pesticide inert ingredients market in the future. Pesticides are substances designed to destroy, deter, diminish, or repel various pests. The integration of these inert elements with different active components in pesticide production enhances the durability of pesticide items. For example, data…
Key Trend Reshaping the Pesticide Adjuvant Market in 2025: Innovative Pesticide …
What Are the Projections for the Size and Growth Rate of the Pesticide Adjuvant Market?
The size of the pesticide adjuvant market has been experiencing significant growth in recent times. The market is projected to increase from a value of $4.53 billion in 2024 to $4.91 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.2%. This impressive growth during the historical period can be credited to factors such…
Pesticide And Other Agricultural Chemicals Market Report 2024 - Pesticide And Ot …
"The Business Research Company recently released a comprehensive report on the Global Pesticide And Other Agricultural Chemicals Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your…
Global Pesticide and Other Agricultural Chemicals Market, Global Pesticide and O …
The pesticides and other agricultural chemicals manufacturing market comprises of the sales of pesticide and other agricultural chemicals by several entities (organizations, sole traders or partnerships) that express and formulate agricultural and household pest control chemicals (excluding fertilizers), pesticides and other agricultural chemicals.
According to the report analysis, ‘Pesticide And Other Agricultural Chemicals Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that Bayer AG; Syngenta AG; BASF SE;…
Special Pesticide (Specialty Pesticide) Market Overview, Opportunities and Regio …
Summary
Special Pesticide (Specialty Pesticide) Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region.
The Report provide in-depth analysis and the best research material of the various market. This new report on the Global Special Pesticide (Specialty Pesticide) Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected…
