Press release
Pesticides Market to Grow from USD 1.30 Billion in 2023 to USD 2.79 Billion by 2030
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe global pesticides market was valued at US $ 1.30 Bn. in 2023 and is projected to grow at a CAGR of 11.5% from 2024 to 2030, reaching US $ 2.79 Bn by the end of the forecast period. Factors such as the growing global population, increasing food demand, and rising awareness about sustainable farming practices are driving the market's expansion.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's pesticides market is growing due to its agriculture-focused economy and increasing demand for crop protection solutions. Companies like ๐๐๐๐ ๐๐ have partnered with local distributors to introduce eco-friendly pesticides that cater to Vietnam's rice and coffee plantations. Government initiatives to promote sustainable farming practices further boost the market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/110794/
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's pesticides market is influenced by the country's strong agricultural sector, especially in rice and fruit cultivation. ๐๐ฒ๐ง๐ ๐๐ง๐ญ๐ has launched innovative pesticides tailored to Thailand's climate and crop requirements. The government's efforts to regulate chemical use and encourage organic farming are shaping market trends.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's focus on advanced farming technologies and precision agriculture presents significant opportunities for the pesticides market. Companies like ๐๐ฎ๐ฆ๐ข๐ญ๐จ๐ฆ๐จ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ are investing in bio-based pesticides to meet consumer demand for environmentally friendly solutions. The adoption of smart farming techniques is a key driver in Japan.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
China's pesticides market is characterized by its dominance in production and export. Companies like ๐๐ก๐ข๐ง๐ ๐๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง (๐๐ก๐๐ฆ๐๐ก๐ข๐ง๐) are leading the market with a focus on research and development. Mergers and acquisitions among domestic and global players are consolidating the market further.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's market for pesticides is driven by its high-tech agriculture sector and focus on food security. Companies like ๐๐ ๐๐ก๐๐ฆ have developed innovative crop protection solutions, including bio-pesticides. Government policies aimed at reducing pesticide residues in food are driving demand for sustainable options.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/110794/
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's urban farming initiatives and emphasis on food security create a niche market for advanced pesticides. Collaborations between ๐๐๐ฒ๐๐ซ ๐๐ซ๐จ๐ฉ๐๐๐ข๐๐ง๐๐ and local agritech startups have introduced innovative solutions for vertical farming. The government's support for research in sustainable agriculture enhances market opportunities.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains a key player in the global pesticides market, with a focus on innovation and precision agriculture. Companies like ๐๐จ๐ซ๐ญ๐๐ฏ๐ ๐๐ ๐ซ๐ข๐ฌ๐๐ข๐๐ง๐๐ and ๐ ๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are introducing bio-based and eco-friendly pesticides. Federal incentives to promote sustainable farming practices further boost market growth.
๐๐๐ฌ๐ญ๐ข๐๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's pesticides market is shaped by stringent regulations and a focus on sustainable farming. Companies like ๐๐๐๐ ๐๐ and ๐๐ฒ๐ง๐ ๐๐ง๐ญ๐ are leading the market with organic and bio-pesticides. The region's emphasis on reducing chemical residues in food supports the adoption of advanced crop protection solutions.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/110794/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
Liquid Pesticides Type
Insecticides
Herbicides
Fungicides
Rodenticides
Others
Dry Pesticides Type
Insecticides
Herbicides
Fungicides
Rodenticides
Others
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Liquid Pesticides Products
Bio- Pesticides
Synthetic Pesticides
Others
Dry Pesticides Products
Bio- Pesticides
Synthetic Pesticides
Others
Bio-pesticides, synthetic pesticides, and other subcategories make up the market. The synthetic pesticides category held a significant share of the pesticides market in 2023. The global market for synthetic pesticides is anticipated to expand during the forecast period as a result of improved pesticide usage efficiency. The use of synthetic pesticides is influenced by a number of factors, including less cultivable area, greater demand for food, increased adoption of genetically modified (GM) crops, and acceptance of novel agricultural practices. Limiting the use of pesticides in the production of fruits, vegetables, and grains could reduce yield by 78%, per a study published in the Proceedings of the International Academy of Ecology and Environmental Sciences (IAEES).
๐๐ฒ ๐๐ซ๐จ๐ฉ ๐๐ฒ๐ฉ๐
Liquid Pesticides for Crop Type
Vegetables & Fruits
Oilseeds & Pulses
Cereals & Grains
Commercial Crops
Plantation Crops
Others
Dry Pesticides for Crop Type
Vegetables & Fruits
Oilseeds & Pulses
Cereals & Grains
Commercial Crops
Plantation Crops
Others
The market is further divided into Commercial Crops, Plantation Crops, Turfs & Ornamentals, Cereals & Grains, Oilseeds & Pulses, and Vegetables & Fruits. The market for pesticides was dominated by the cereals and grains category in 2023. The use of pesticides in grain farming has increased due to the growing demand for food security, the onset of climate change, and the danger of more drought. Campaigns to inform farmers about the use of pesticides in grain production have been started by a number of international organizations.
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/pesticides-market/110794/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1.The DOW Chemical Company
2.BASF SE
3. Bayer AG
4. Syngenta AG
5. Sibbiopharm Ltd.
6. Doff Portland Ltd.
7. Aeroxon Insect Control GmbH
8. Zotal Laboratories
9. GVI Life Care Co., Ltd.
10. DAEGIL Co., Ltd.
11. Hebei Maison Chemical Co., Ltd.
12. Aristo Biotech and Life Science Pvt. Ltd.
13. Corteva Agriscience
14. FMC Corporation
15. Adama Agricultural Solutions
16. UPL Limited
17. Nufarm Limited
18. Sumitomo Chemical
19. Arysta LifeScience
20. Nissan Chemical Corporation
21. Nippon Soda Co., Ltd.
22. Makhteshim Agan (Adama)
23. Rallis India Limited
24. Amvac Chemical Corporation
25. Wynca Group
26. Albaugh LLC
27. Lier Chemical
28. Ishihara Sangyo Kaisha Ltd.
29. Zhejiang Wynca Chemical Group
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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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