Press release
New Crop Protection Generics Market Set to Revolutionize Sustainable Farming with Innovative, Cost-Effective Solutions | Top key players - BASF, Nufarm, ADAMA.
The New Crop Protection Generics Market reached US$ 67.95 billion in 2024 and is expected to reach US$ 98.12 billion by 2032, growing at a CAGR of 4.7% during the forecast period 2025-2032.The New Crop Protection Generics Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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The New Crop Protection Generics Market comprises off-patent, cost-effective crop protection products such as herbicides, insecticides, and fungicides. These generics offer farmers affordable alternatives to branded pesticides, helping control pests and diseases while enhancing crop yield. Driven by rising agricultural demand and regulatory approvals, this market supports sustainable farming with innovative, accessible solutions worldwide.
Major players in the New Crop Protection Generics Market
The prominent players in New Crop Protection Generics market research report are: UPL, BASF, Nufarm, ADAMA, FMC Corporation, Bayer AG, Albaugh LLC, AMVAC Chemical Corporation, Wynca Group, Sumitomo Chemical Co., Ltd., Coromandel International Limited and Syngenta.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
In May 2024, Coromandel International Ltd. expanded its portfolio by launching five new generic formulations, highlighting its focus on sustainable farming innovation. A key highlight is Prachand, developed through collaboration with ISK Japan, designed to protect paddy crops from pests and prevent potential yield losses of up to 70%. Additionally, Coromandel introduced a formulation targeting the fall armyworm, further strengthening its crop protection offerings and reinforcing its leadership in the agricultural sector.
In September 2023, ADAMA Ltd. launched two new products, Cosayr and Lapidos, featuring in-house produced Chlorantraniliprole (CTPR). Aimed at paddy and sugarcane farmers, these products effectively tackle major pests to improve crop yield and quality. Lapidos provides broad-spectrum protection during early growth stages, while Cosayr specifically targets pests like stem borers and leaf folders in rice cultivation.
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Market Segments
By Type: Herbicides, Insecticides, Fungicides, Insect Growth Regulators, Others.
By Mode of Application: Foliar Spray, Seed Treatment, Soil Treatment, Post-harvest, Others.
By Crop Type: Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Commercial Crops, Others.
By Formulation: Liquid, Granular, Powder, Emulsifiable Concentrates.
By Distribution Channel: Retailers, Distributors, E-commerce, Cooperative Societies.
The New Crop Protection Generics industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global New Crop Protection Generics Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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