Insecticides Market Report 2023

Insecticides Global Market Report 2023 – By Type (Synthetic Insecticides, Bio-insecticides), By Form (Sprays, Baits, Strips), By Application (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

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Insecticides are substances that are used to kill insects, including ovicides and larvicides, which are used for insect eggs and larvae, respectively, to control pests that affect cultivated crops. Insecticides work by either disrupting the nervous system or damaging exoskeletons.

The main types of insecticides are synthetic insecticides and bio-insecticides. The principal agents of insect control are synthetic insecticides. In general, they easily penetrate insects and are harmful to a wide variety of species. The major forms of insecticides are sprays, baits, and strips that are used on cereals and grains, oilseeds and pulses, fruits and vegetables, and other applications.

The global insecticides market is segmented -

1) By Type: Synthetic Insecticides, Bio-insecticides

3) By Form: Sprays, Baits, Strips

2) By Application: Cereals and Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Applications

The global insecticides market size will grow from $19.5 billion in 2022 to $20.95 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global insecticides is expected to grow from $28.25 billion in 2027 at a CAGR of 7.8%.

The world population is growing and is expected to reach 10 billion by 2050, which is expected to significantly boost the insecticide market. An increase in the population creates more demand for food. Crop production, farming activities, and trade volumes will have to increase to meet the increased population. Additionally, farmers and commercial farming companies will increase acquisitions of arable land to increase crop production, which is expected to increase the demand for herbicides. To meet the food demand that may rise from 59% to 98%, farmers have to increase agricultural productivity through fertilizers and advanced technologies in farming. Thus, the increase in demand for food for the growing population will promote the growth of the insecticides market.

Major players in the insecticides market are Adama Agricultural Solutions Ltd., American Vanguard Corporation, BASF SE, Bayer CropScience AG, FMC Corporation, NuFarm Limited, Syngenta International AG, Sumitomo Chemical Co., Ltd., Monsanto Company andArysta Lifescience.

The growth of the agrochemicals market is likely to be limited by the issues raised by various environmentalists and eco-friendly organizations. Usage of insecticides may cause serious health risks to humans, animals, and the environment. For instance, beekeepers in the USA reported annual hive losses of about 30% over the last 10 years, and this was primarily attributed to the rise in insecticides used in the country. Therefore, increased awareness of the diseases and problems caused by insecticides is expected to harm the growth of the market in the forecast period.

Companies in the insecticides industry are developing new products and improving product composition to make them safer for workers, farmers, plants, and the soil. Every year, companies globally introduce new products or brands to cater to different sets of audiences, industries, and industries. This translates to changes in the base solution, mode of application, and residue formation of the insecticide. For instance, in May 2020, Marrone Bio Innovations, Inc., an international leader in sustainable bioprotection and plant health solutions, announced the approval of the FDA for REGALIA MAXX bio fungicide that can be used indoors and outdoors on cannabis and hemp in Canada. Also, Marrone developed Venerate XC, a chemical user-friendly liquid microbial-based solution, that is used in integrated pest management (IPM) with a minimal four-hour re-entry interval (REI) and is under the MRL (maximum residue level) tolerance. The product is also non-toxic to fish, birds, and honeybees.

Asia-Pacific was the largest region in the insecticides market in 2022. South America was the second-largest region in the insecticides market report. The regions covered in the insecticides analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the insecticides market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia.

The insecticides market consists of the sales of organic insecticides, inorganic insecticides, and miscellaneous compounds. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The insecticides market research report is one of a series of new reports from The Business Research Company that provides insecticides market statistics, including insecticides industry global market size, regional shares, competitors with an insecticides market share, detailed insecticides market segments, market trends and opportunities, and any further data you may need to thrive in the insecticides industry. This insecticides market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Insecticides Market Characteristics

    3. Insecticides Market Trends And Strategies

    4. Insecticides Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Insecticides Market

    4.2 Ukraine-Russia War Impact On Insecticides Market

    4.3 Impact Of High Inflation On Insecticides Market

    5. Insecticides Market Size And Growth

    5.1. Global Insecticides Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Insecticides Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Insecticides Market Segmentation

    6.1. Global Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Synthetic Insecticides

    Bio-insecticides

    6.2. Global Insecticides Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Cereals and Grains

    Oilseeds & Pulses

    Fruits & Vegetables

    Other Applications

    6.3. Global Insecticides Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Sprays

    Baits

    Strips

    7. Insecticides Market Regional And Country Analysis

    7.1. Global Insecticides Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Insecticides Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Insecticides Market

    8.1. Asia-Pacific Insecticides Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Insecticides Market

    9.1. China Insecticides Market Overview

    9.2. China Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Insecticides Market

    10.1. India Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Insecticides Market

    11.1. Japan Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Insecticides Market

    12.1. Australia Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Insecticides Market

    13.1. Indonesia Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Insecticides Market

    14.1. South Korea Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Insecticides Market

    15.1. Western Europe Insecticides Market Overview

    15.2. Western Europe Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Insecticides Market

    16.1. UK Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Insecticides Market

    17.1. Germany Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Insecticides Market

    18.3. France Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Insecticides Market

    19.1. Eastern Europe Insecticides Market Overview

    19.2. Eastern Europe Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Insecticides Market

    20.1. Russia Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Insecticides Market

    21.1. North America Insecticides Market Overview

    21.2. North America Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Insecticides Market

    22.1. USA Insecticides Market Overview

    22.2. USA Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Insecticides Market

    23.1. South America Insecticides Market Overview

    23.2. South America Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Insecticides Market

    24.1. Brazil Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Insecticides Market

    25.1. Middle East Insecticides Market Overview

    25.2. Middle East Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Insecticides Market

    26.1. Africa Insecticides Market Overview

    26.2. Africa Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Insecticides Market Competitive Landscape And Company Profiles

    27.1. Insecticides Market Competitive Landscape

    27.2. Insecticides Market Company Profiles

    27.2.1.  Adama Agricultural Solutions Ltd

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. American Vanguard Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. BASF SE

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Bayer CropScience AG

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. FMC Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Insecticides Market

    29. Insecticides Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Insecticides Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Insecticides Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Insecticides Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Insecticides Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27:  Adama Agricultural Solutions Ltd Financial Performance
  • Table 28: American Vanguard Corporation Financial Performance
  • Table 29: BASF SE Financial Performance
  • Table 30: Bayer CropScience AG Financial Performance
  • Table 31: FMC Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Insecticides Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Insecticides Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Insecticides Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Insecticides Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Insecticides Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27:  Adama Agricultural Solutions Ltd Financial Performance
  • Figure 28: American Vanguard Corporation Financial Performance
  • Figure 29: BASF SE Financial Performance
  • Figure 30: Bayer CropScience AG Financial Performance
  • Figure 31: FMC Corporation Financial Performance
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