Global Pesticide And Other Agricultural Chemicals Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

The pesticides and other agricultural chemicals market consists of the sales of pesticide and other agricultural chemicals by entities (organizations, sole traders or partnerships) that formulate and prepare agricultural and household pest control chemicals (except fertilizers). The pesticides and other agricultural chemicals market is segmented into herbicides, insecticides, fungicides and other pesticide and other agricultural chemicals.

Global Pesticide And Other Agricultural Chemicals Market Size And Drivers:

The global pesticide and other agricultural chemicals market is expected to grow from $80.27 billion in 2020 to $84.82 billion in 2021 at a compound annual growth rate (CAGR) of 5.7The market is expected to reach $109.75 billion in 2025 at a CAGR of 7%. World population is growing and is expected to reach 10 billion by 2050; this is expected to significantly boost the pesticide and other agricultural chemicals market during the forecast period. Increase in population creates more demand for food.

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Trends In The Global Pesticide And Other Agricultural Chemicals Market

Toxicologists globally are adopting nanotechnology in the development of new, environmentally friendly insecticides. Nanoparticles have revolutionized the pharmaceuticals and chemicals industries. Pesticidal nanoformulations are ultrafine particles with enhanced permeability, stability, and solubility. Most engineers believe that nanotechnology can help make insecticides much safer. Nano sized insecticides can be sprayed in lesser amounts on agricultural fields in comparison with conventional forms.

Global Pesticide And Other Agricultural Chemicals Market Segments:
The global pesticide and other agricultural chemicals market is further segmented based on type, origin, application and geography.
By Type: Herbicides, Insecticides, Fungicides, Other Pesticide And Other Agricultural Chemicals.
By Origin: Synthetic, Bio-Based.
By Application: Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Others.
By Geography: The global pesticide and other agricultural chemicals market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global pesticide and other agricultural chemicals market, accounting for 27% of the total market.

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Pesticide And Other Agricultural Chemicals Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides pesticide and other agricultural chemicals market overviews, analyzes and forecasts market size and growth for the global pesticide and other agricultural chemicals market, pesticide and other agricultural chemicals market share, pesticide and other agricultural chemicals market players, pesticide and other agricultural chemicals market segments and geographies, pesticide and other agricultural chemicals market’s leading competitors’ revenues, profiles and market shares. The pesticide and other agricultural chemicals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.