Crop Protection Chemicals Industry Size, Share, Sector Overview: Growth and Forecast Through 2032
The global crop protection chemicals industry was valued at USD 64.18 billion in 2024 and is expected to rise from USD 67.18 billion in 2025 to USD 97.01 billion by 2032, registering a CAGR of 5.39% during 2025–2032. The U.S. crop protection chemicals market is forecasted to reach approximately USD 11.14 billion by 2032, driven by the rapid adoption of modern agricultural technologies and precision farming practices. The Asia Pacific region held the dominant market share of 29.15% in 2024, supported by a vast agricultural base and increasing food production requirements.
The COVID-19 pandemic had a positive impact on global demand for crop protection solutions, leading to a 2.50% growth rate in 2020—higher than the pre-pandemic average between 2017 and 2019. Market growth is expected to stabilize and return to its long-term trend post-pandemic as agricultural activities normalize worldwide.
Crop protection products—particularly herbicides, fungicides, and insecticides—are essential in preventing yield losses caused by pests and diseases. According to the Royal Society of Chemistry, nearly 800 active chemical ingredients are registered globally for crop protection applications.
Ongoing research emphasizes the development of safer, more selective, and lower-dose compounds to replace older, less efficient formulations. These innovations aim to enhance pest resistance management, broaden pest control coverage, and meet regional and international regulatory standards.
Crop protection chemicals remain indispensable in modern agriculture, helping farmers maintain high productivity levels amid increasing pest resistance and changing climatic conditions. Herbicides, fungicides, and insecticides dominate the product landscape, collectively accounting for the majority of global sales.
Recent R&D initiatives focus on environmentally sustainable formulations and next-generation bio-based solutions, reflecting the industry’s transition toward eco-friendly and precision-based farming systems. Innovations target improved selectivity, lower toxicity, and broad-spectrum effectiveness—aligning with global sustainability goals and evolving regulatory frameworks.
Information Source: https://www.fortunebusinessinsights.com/industry-reports/crop-protection-chemicals-market-100080
Market Segmentation: By Type: Herbicides, Fungicides, Insecticides, Others By Crop Type: Cereals, Fruits & Vegetables, Oilseeds & Pulses, Others By Application: Seed Treatment, Soil Treatment, Foliar Spray, Others By Region: North America, South America, Europe, Asia Pacific, Middle East & Africa
Market Drivers and Challenges: 1. Rising Need for Enhanced Agricultural Productivity Global population growth continues to drive demand for higher crop yields, prompting the widespread adoption of Integrated Pest Management (IPM) systems. IPM combines biological control methods, resistant crop varieties, and precision agriculture to reduce chemical dependency. For instance, India’s Directorate of Plant Protection reported productivity gains of 40.14% in rice and 26.63% in cotton through IPM adoption.
- Emergence of Pesticide-Resistant Pests Although pest-induced crop losses have declined from 13.6% during the Green Revolution era to 10.8% in the early 2000s, pesticide resistance remains a persistent challenge. This trend underscores the need for innovative and sustainable pest management technologies that can provide long-term effectiveness without harming ecosystems.
Regional Insights: Asia Pacific: Valued at USD 16.54 billion in 2020, Asia Pacific continues to lead the global market, supported by a strong agricultural foundation, large population base, and growing emphasis on food security. Rising urbanization, expanding agri-tech adoption, and the cultivation of high-value crops further accelerate regional market growth. North America & Europe: In both regions, sustainability-focused agriculture and strict pesticide regulations are shaping market dynamics. The regulatory push toward bio-based and low-toxicity alternatives is prompting chemical manufacturers to invest in green chemistry and biological pest control innovations to align with consumer expectations and government policies.
Competitive Landscape: The global crop protection chemicals market is moderately consolidated, with key multinational corporations focusing on strategic partnerships, acquisitions, and innovative product launches. Companies are actively investing in low-toxicity, environmentally friendly, and precision-targeted chemical solutions to enhance sustainability and expand global reach.
Major Players in the Market Include: Rotam CropSciences Ltd. (China) UPL Ltd. (India) ChemChina (China) Corteva, Inc. (United States) Syngenta AG (Switzerland) Nufarm (Australia) Sumitomo Chemical Co., Ltd. (Japan) FMC Corporation (United States) BASF SE (Germany) Bayer CropScience (Germany)
Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/crop-protection-chemicals-market-100080
Recent Developments: May 2020 – FMC Corporation acquired the intellectual property and technology rights for Fluindapyr, a novel fungicide, from Isagro S.p.A. for USD 60 million, strengthening its fungicide portfolio and market competitiveness. March 2020 – Corteva Agriscience entered a partnership with AgPlenus to develop next-generation herbicides, addressing herbicide resistance and expanding its innovative product pipeline.