Global Crop Protection Chemicals Market Report and Forecast 2024-2032

Global Market Likely to be Driven by Increased Need for Food Amid Growing Global Population

Nearly eight hundred chemicals are registered for use in crop protection across the global several leading companies are engaged in discovering, developing and selling new products. Crop protection chemicals offer farmers a cost-effective way of enhancing yield and quality of crops; these also make harvesting simpler and help maintain consistent yields from year to year.  Classes of crop protection chemicals include herbicides, insecticides and fungicides. Without crop protection chemicals, agriculture would be less efficient; for example, herbicides help regulate growth of weeds which would otherwise hamper crop growth. In crops such as cotton, losses could amount up to eighty percent due to insects and weeds. Crops like potatoes and vines are particularly high-risk as these grow in parts of the world where weather conditions could sometimes be conducive to fungal epidemics. The destruction of entire crops is of major concern to consumers as well as farmers; farmers lose income and consumers are confronted with rising prices. Modern products are devised to be highly selective in their action to minimise impact on non-target organisms. So, a product designed to regulate fungi growth would do so without causing damage to the plant itself. An important aspect of the selectivity of a crop protection chemical is that it does not impact the consumer or the environment. Modern solutions are also safer than their older alternatives.

Sustainable and Selective Action Mechanism Solutions Likely to Drive Market Growth

Sugarcane is expected to play a vital role in Indian agriculture and economy, farmers always seek solutions that may enable increased productivity. It has been reported that losses over nearly 18,000 cr are incurred due to weeds in sugarcane, making farmers suffer greatly. Effective herbicides could prevent such losses and enhance produce. Farmers seek novel active ingredients that offer better targeted protection against some of the most difficult and damaging sucking pests. Companies are accelerating investment to deliver plant health innovations that support farmers, across the world, to grow productively and sustainably. Such solutions are expected to drive the global crop protection chemicals market. For example, in 2020, Syngenta Crop Protection announced the launch of Spiropidion - a new insect control technology that sought to help farmers protect their crops against damaging sucking pests in an effective and environmentally-friendly manner. Sucking pests, such as aphids, whiteflies, and scales, damage high value fruit and vegetables like tomatoes, oranges and melons, and important crops like cotton and soybean. Spiropidion (safe to natural beneficial insects and pollinators) offered farmers a new tool for Integrated Pest Management (IPM) programs.

Crop Protection Chemicals Market Report Snapshots

Crop Protection Chemicals Market Size

Crop Protection Chemicals Market Growth

Crop Protection Chemicals Companies