Global Crop Protection Chemicals Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Crop Protection Chemicals industry revenue is expected to be around $87.2 billion in 2025 and expected to showcase growth with 6.2% CAGR between 2025 and 2034. The rise in food security challenges and scarcity of arable land highlights the significance of these vital chemicals in enhancing crop productivity and safeguard against pests and diseases. They symbolize a component essential for thriving and environmentally friendly farming practices, in todays world by showcasing their potential to bring about significant changes.
Crop Protection Chemicals encompass a range of products used in farming like herbicides to kill weeds and insecticides to combat pests that threaten crop yields and fungicides to protect against diseases that can harm plants in agriculture fields. Lately there has been a rise in the use of based pesticides as a more environmentally friendly approach with a focus on sustainability and eco consciousness, within the agricultural industry.
Market Key Insights
- The Crop Protection Chemicals market is projected to grow from $82.1 billion in 2024 to $150 billion in 2034. This represents a CAGR of 6.2%, reflecting rising demand across Crop Disease Prevention, Crop Yield Enhancement and Pest Control.
- BASF SE, Bayer AG, Corteva Inc are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Crop Protection Chemicals market and are expected to observe the growth CAGR of 4.0% to 6.0% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 7.1% to 8.6%.
- Transition like Adoption of Biopesticides has greater influence in United States and China market's value chain; and is expected to add $3 billion of additional value to Crop Protection Chemicals industry revenue by 2030.
- The Crop Protection Chemicals market is set to add $67.7 billion between 2024 and 2034, with manufacturer targeting Fungicides & Herbicides Product Type projected to gain a larger market share.
- With Increasing demand for food and agricultural products, and Technological advancements in crop protection, Crop Protection Chemicals market to expand 82% between 2024 and 2034.