Dublin, May 08, 2024 (GLOBE NEWSWIRE) -- The "Global Crop Protection Chemicals Market 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global market for crop protection chemicals is expected to grow from $87.6 billion in 2023 to $114.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2028.
Market Dynamics
- Market Drivers
- Rising Population and Growing Demand for Food
- Actions by Governmental and Regulatory Organizations
- Technological Advances
- Increased Demand for Environmentally Friendly Solutions
- Emerging Market
- Integrated Pest Management for Agriculture's Sustainable Intensification
- Market Restraints
- Rise of Organic Farming
- Crop Protection Chemicals and Pesticide Resistance
- Volatility in Raw Material Prices
- Market Opportunities
- Growing Demand for Biopesticides
- Use of Crop Protection Chemicals in Precision Farming
The report analyzes key categories and regions to determine the present and future crop protection chemical market status and forecasted market growth from 2023 to 2028. This report also discusses the market strategies of key companies, ESG development, patents and market-driving forces.
The global crop protection chemical market is segmented into the following categories:
- Type (herbicides, insecticides, fungicides, others)
- Form (liquid, dry/solid)
- Source (synthetic, natural/bio-based)
- Application technique (foliage spray, granular application, seed treatment, others)
- Crop type (cereal and grains, fruits and vegetables, oilseed and pulses, others)
The report includes:
- 58 data tables and 38 additional tables
- An overview of the global market for crop protection chemicals
- Analysis of global market trends, featuring revenue data for 2022, estimates for 2023, forecasts for 2024 and 2026, and projected CAGRs through 2028
- Evaluation of the current market size and revenue growth prospects, along with a market share analysis by type, form, source, crop type, application technique, and region
- Discussion of advances in the agricultural sector, such as the incorporation of biobased substrates into crop protection chemicals, and other emerging technologies
- Information on government regulations and mandates, and other economic trends
- Insight into overcoming challenges related to commercialization
- A look at ESG trends
- Analysis of key companies' market shares, proprietary technologies, alliances and patents
- Profiles of the leading players
- Adama
- BASF SE
- Bayer AG
- CHR. Hansen A/S
- Corteva
- FMC Corp.
- Nufarm
- Sumitomo Chemical Co. Ltd.
- Syngenta
- UPL
Key Attributes
| Report Attribute | Details |
| No. of Pages | 124 |
| Forecast Period | 2023-2028 |
| Estimated Market Value (USD) in 2023 | $87.6 Billion |
| Forecasted Market Value (USD) by 2028 | $114.7 Billion |
| Compound Annual Growth Rate | 5.5% |
For more information about this report visit https://www.researchandmarkets.com/r/q8tric
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