Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Pesticide And Other Agricultural Chemicals Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Pesticide And Other Agricultural Chemicals Market?
The market size for pesticides and other agricultural chemicals has seen significant growth recently. It is predicted to increase from $104.46 billion in 2024 to $113.13 billion in 2025, with a compound annual growth rate (CAGR) of 8.3%.
What Are the Expected Market Growth Trends for the Pesticide And Other Agricultural Chemicals Market Through 2029?
The market size of pesticide and other agricultural chemicals is forecasted to expand to $156.05 billion by 2029, with a compound annual growth rate (CAGR) of 8.4%.
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What Are the Key Business Drivers in the Pesticide And Other Agricultural Chemicals Market Landscape?
The key Drivers in the pesticide and other agricultural chemicals market are:
• Intensification of global population growth leading to greater food demand
• Increase in farming activities and crop production to meet population demand
• Escalation in trade volumes driven by the growing food demand
• Increased acquisition of arable land making for higher volumes of crop production
How Is the Pesticide And Other Agricultural Chemicals Market Divided Across Key Categories?
The pesticide and other agricultural chemicalsmarket covered in this report is segmented –
1) By Type: Herbicides, Insecticides, Fungicides, Other Pesticide and Other Agricultural Chemicals
2) By Origin: Synthetic, Bio-Based
3) By Application: Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Other Applications
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What Are the Ongoing Trends in the Pesticide And Other Agricultural Chemicals Market?
The key trends in the pesticide and other agricultural chemicals market are:
• The pursuit of advanced agrochemical formulations is a major trend among companies in the industry.
• The development of non-branded insecticides, such as those using chlorantraniliprole as the active ingredient, is a notable emerging trend.
• Solutions aimed at controlling specific pests that affect particular crop types are becoming increasingly prevalent.
• Methods to improve agricultural productivity through effective pest management, including using off-patent active ingredients, are emerging as a key trend.
Which Companies are Expanding in the Pesticide And Other Agricultural Chemicals Industry?
The key players in the pesticide and other agricultural chemicals market are:
• Mitsui Chemicals Inc.
• BASF SE
• Marubeni Corporation
• Bayer AG
• Nutrien Ltd.
• Syngenta AG
• Sumitomo Chemical Co. Ltd.
• Corteva Inc.
• China National Chemical Corporation
• DuPont de Nemours Inc.
• Nippon Soda Co. Ltd.
• Bharat Rasayan Limited
• Sinochem International Corporation
• FMC Corporation
• Adama Agricultural Solutions
• Nufarm Limited
• Nissan Chemical Corporation
• Arysta Lifescience Corporation
• PI Industries Ltd.
• Meghmani Organics Limited
• Crystal Crop Protection Pvt. Ltd.
• Gowan Co. LLC
• Isagro S.p.A.
• Rallis India Limited
• Albaugh LLC
• UPL Limited
• Rotam Agrochemical Company Ltd.
• Wynca Group
• Insecticides India Limited
• Drexel Chemical Co. Inc.
• Willowood Limited
Which is the Largest Region the Global Pesticide And Other Agricultural Chemicals Market?
Asia-Pacific was the largest region in the pesticide and other agricultural chemicals market in 2024
