Pesticides Market

Pesticides Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The pesticides market was estimated to be US$ 105.34 Billion in 2022.

The pesticides market is expected to grow at a CAGR of 5.7% between 2023 to 2032.

The global pesticide market is driven by several factors, including the increasing demand for food due to population growth, rising prevalence of pests and diseases in crops, and growth in the horticulture and floriculture sectors.

The conventional chemical pesticide segment is currently the largest in the global pesticide market, accounting for a significant share of the overall market. The reason for this is that conventional chemical pesticides have been used in agriculture for many decades and have been widely adopted by farmers worldwide.

Asia-Pacific region is the largest market for pesticides due to the increasing demand for food due to a growing population.

Adama Agricultural Solutions, BASF SE, Bayer AG, Corteva Agriscience, FMC Corporation, Gharda Chemicals Limited, Nufarm Limited, Pi Industries Limited, Rallis India Limited, Sumitomo Chemical Co., Ltd., Syngenta AG, UPL Limited, Valent BioSciences LLC, WinField United, Yangnong Chemical Co., Ltd., among others, are the leading players in this market.