Crop Protection Chemicals Market Share, Size & Trend Report

Crop Protection Chemicals Market Share, Size & Trend Analysis Report By Product (Herbicides, Fungicides, Insecticides, Others), By Application, And Segment Forecasts To 2022

  • Published Date: Mar, 2018
  • Base Year for Estimate: 2016
  • Report ID: 978-1-68038-567-0
  • Format: Electronic (PDF)
  • Historical Data: 2014-2016
  • Number of Pages: 85

Industry Insights

Global crop protection chemicals market size was estimated at USD 53.6 billion in 2014. Rapidly increasing population, increasing awareness regarding food & health safety, reduced arable land and necessity for enhanced crop yield is expected to drive demand over the forecast period.

Consumer awareness regarding food safety and environmental concern has resulted in increased demand for Biopesticides. Moreover, with phasing out of certain pesticides including glyphosate, atrazine, and chlorpyrifos, the demand for biopesticides is expected to increase in the near future.

North America crop protection chemicals market

Biopesticides are primarily derived from plants, animals, bacteria and certain minerals and control pests by nontoxic mechanisms. Furthermore, the volume required per hectare of land is less and is highly effective as compared to its counterparts, which is likely to propel demand for the product over the next seven years.

The global agricultural industry has been witnessing incredible advancements both in terms of farming methods as well as regulatory intervention to promote safer and sustainable practices in food production. Such involvement has prompted numerous agrochemical companies to invest in R&D to develop greener crop protection chemicals, and also move towards a sustainable farming ecosystem. These factors are anticipated to drive the crop protection chemicals market during the forecast period.

Stringent regulations against the use of synthetic pesticides owing to adverse environmental impact are expected to hamper market growth. Majority of the products are closely regulated by major regulatory bodies including U.S. EPA as well as the European Commission.

Product insights

The demand for herbicides in the Asia Pacific was USD 2.51 billion in 2016 and is expected to grow at a CAGR of 6.6% over the forecast period. The rise in production of grains and cereals coupled with the adoption of superior farming practices in the Asian countries is likely to have a positive impact on the industry growth over the projected period.

Insecticide accounted for the 20.7% of the European crop protection chemicals industry in 2016 and is expected to grow at a CAGR of 6.1% over the forecast period. Stringent government regulations imposed by the EU on the use of harmful chemicals for agricultural applications is expected to hamper growth of insecticides in the region.

Insecticides are widely used across the cultivation of staple crops, due to them being prone to the risk of insect infestation. Evolution of integrated pest management practices across industrialized economies has drastically reduced the dependent of farmers on insecticides. However, their demand is understood to be strong across the developing world.

Application insights

Crop protection chemicals demand for fruits and vegetables is expected to grow at a CAGR of 7.0% over the forecast period, owing to rising demand from food processing industry. Changing consumer dietary habits, which demand healthy and good quality fruits and vegetables are expected to propel demand.

In 2010, cotton production in these three countries was nearly 75,000 thousand bales, which rose to approximately 78,000 thousand bales by 2017. With the end-use markets for cotton remaining strong in its demand, the consumption of crop protection chemicals is projected to grow at a CAGR of 8.6% over the forecast period.

Global crop protection chemicals market

The demand for crop protection compounds for rice was USD 5.37 billion in 2016. Rice has been a primary food, especially in the Asian countries including China, India, South Korea and Japan. China was the largest rice producer in 2016, followed by India, which in turn makes it the largest consumer for rice protection elements for the same year.

Regional insights

The demand for herbicides in Europe stood at USD 8.08 billion in 2016. High product demand for fruits and vegetables to combat weed is expected to have a positive impact on the industry growth. Furthermore, growing demand for the product to wipe out invasive plant species in undesirable places is expected to drive the crop protection chemicals market.

North America region is home to the largest agricultural industry in the form of the U.S. and is characterized by high technological advancements in farming methods, and a robust regulatory framework influencing industry dynamics. The U.S. FDA, and EPA regulate the market in the U.S., which are empowered by the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA) and Food Quality Protection Act (FQPA). Over the forecast period, the region is expected to grow at a CAGR of 7.5%. Growth should be driven by product development and advent of sustainable farming practices.

The Asia Pacific accounted for a significant share in the market as the region is one of the major producers of agricultural products including cotton, rice and maize. The region primarily produces various types of subtropical and tropical fruits. Moreover, the principal crops grown in the region are rice, pulses, and wheat which demand crop protection chemicals for better quality and yield, thus driving the product demand.

Crop protection chemicals market share insights

The key players in the industry include Marrone Bio Innovations, BASF SE, Nufarm Ltd, FMC Corp, BioWorks, DuPont, Monsanto, Natural Industries, Dow AgroSciences, Syngenta AG, Sumitomo Chemical, Novozymes A/S, and Valent Biosciences.

BASF is a prime example of a company integrating both their manufacturing & supply operations. Such integration enables companies to improve their supply efficiency, bring-down costs (thereby placing their products in the market at competitive prices), and engage with customers directly. The third factor is of high importance, when looking at cultivating brand loyalty among the customer base and also gaining first-hand insights into requirements arising from these users.

In October 2017, Bayer got engaged in an agreement to sell its selected Crop Science businesses to BASF SE for 7.2 billion. This asset sold by the company is inclusive of Bayer’s glufosinate-ammonium business and the associated LibertyLink technology used for herbicide tolerance.

Report Scope



Base year for estimation


Actual estimates/Historical data

2012 – 2015

Forecast period

2017 - 2022

Market representation                                    

Revenue in USD billion, Volume in kilo tons, and CAGR from 2017 to 2022

Regional scope

North America, Europe, Asia Pacific, and rest of the world

Report coverage        

Volume forecast, Revenue forecast, company share, competitive landscape, and growth factors and trends

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Segments covered in the report

This report forecasts revenue and revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2012 to 2022. For the purpose of this study, Grand View Research has segmented the global crop protection chemicals market report on the basis of product, application, and region:

  • Product Outlook (Volume, Kilotons, Revenue, USD Million, 2012 - 2022)

    • Herbicides

    • Fungicides

    • Insecticides

    • Others

  • Application Outlook (Volume, Kilotons, Revenue, USD Million, 2012 - 2022)

    • Fruits & vegetables

    • Cereals

    • Maize

    • Cotton

    • Rice

    • Others

  • Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2012 - 2022)

    • North America

    • Europe

    • Asia Pacific

    • Rest of the world

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