Goldstein Market
Date of publication: 28 March 2020
Crop Protection Chemicals Market Worth $ 89.6 Billion by 2024
According to Goldstein Research, global crop protection chemicals market size is expected to reach USD 89.6 billion by 2024
The continued rise in demand for food grains, rising impact of pests, weeds & crop diseases tends to drive the growth of global crop protection chemicals market. According to Goldstein Research, global crop protection chemicals market size is expected to reach USD 89.6 billion by 2024 from an estimated market size of USD 60.5 billion in 2016, growing at a CAGR of 5.2% during the forecast period through 2024.  Rising investments in agriculture and simultaneous growth in biofertilizer industry are the two major factors which are bolstering the demand for crop protection chemicals.
 
Further, Global crop protection chemicals market segmentation has been done on the basis of chemical type, crop type, and geography. Based on the chemical type, herbicides segment accounted for +40.0% market share in 2016. Geographically, global crop protection chemicals industry is dominated by Latin America region, with 25.0% market share in 2016. Latin America is one of the largest players in the global agricultural crop trade, with high exports to countries across the globe. Latin America is closely followed by the Asia Pacific due to the large area under agriculture, and increasing awareness towards the adoption of crop protection chemicals.
 
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Market Segmentation

Global Crop Protection Chemicals Market can be segmented as follows:

By Chemical Type

  • Insecticides Market Analysis
  • Pesticides Market Analysis
  • Herbicides Market Analysis
  • Others (Seed Treatment, Bio-pesticide etc) Market Analysis

By Crop Type

  • Cereals and Grains Market Analysis
  • Pulses and Oilseeds Market Analysis
  • Fruits and Vegetables Market Analysis
  • Other Crop Types Market Analysis

By Region

  • North America Crop Protection Chemicals Market Analysis, 2016-2024
  • Europe Crop Protection Chemicals Market Analysis, 2016-2024
  • Middle East and Africa Crop Protection Chemicals Market Analysis, 2016-2024
  • Latin America Crop Protection Chemicals Market Analysis, 2016-2024
  • Asia Pacific Crop Protection Chemicals Market Analysis, 2016-2024
  • Rest of the World Crop Protection Chemicals Market Analysis, 2016-2024
 
Moreover, rising animal feed market and biofuels market, changing dietary preferences of the population and food security issues also upsurging the demand for crop protection products. Globally, 10.8% of the population in 2015 was undernourished. World population would grow by over a third by 2050, and 70% of it will be residing in urban areas. Given limited land availability, productivity levels need to be increased to feed the population. 
 
The Report is Available at :https://www.goldsteinresearch.com/report/global-crop-protection-chemicals-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
 
“Global Crop Protection Chemicals Market Outlook 2024” by Goldstein Research contains detailed overview of the global crop protection chemicals market in terms of market segmentation by chemical type and crop type.
 
Major Key players competitive outlook included in the Crop Protection Chemicals Market Report are BASF, Syngenta, Monsanto, DuPont, Bayer Crop Science, DowAgroSciences
 
Further, Global Crop Protection Chemicals Market Report highlights the major player company profiles that include financial analysis, geographical revenue distribution, business strategy, and recent developments. The report discusses the estimated and forecast market share and market size per segment and per geographic region. The report also encompasses the market dynamics including growth drivers, market opportunities, risk analysis, challenges, SWOT analysis, PESTLE analysis, market attractiveness, and BPS (Base Point Scale) analysis, to help the clients to assess the market trends and future prospects.
 

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