Summary

Pesticide Market Trends and Forecast
The future of the pesticide market looks promising with opportunities in the insecticides, fungicides, and herbicides. The global pesticide market is expected to reach an estimated $82.9 billion by 2027 with a CAGR of 2.7% from 2021 to 2027. The major drivers for this market are increasing demand for food for rising population, limited availability of arable land, and increasing awareness of using pesticides.

Emerging Trends in the Pesticide Market
Emerging trends, which have a direct impact on the dynamics of the industry, include development of nano-pesticides to reduce environmental pollution and development of formulated technology for weed control system.
A total of 71 figures / charts and 50 tables are provided in this 121-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the pesticide market report, please download the report brochure.

Pesticide Market by Segment
The study includes a forecast for the global pesticide market by application and region as follows:
Pesticide Market by Application [Value ($B) shipment analysis for 2016 – 2027]:
• Insecticides
• Fungicides
• Herbicides
Pesticide Market by Region [Value ($B) analysis for 2016 – 2027]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pesticide Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pesticide companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pesticide companies profiled in this report includes.
• Syngenta
• BASF
• Bayer
• Monsanto
• Dow Chemicals
Pesticide Market Insight
• Herbicides segment is expected to remain as the largest market. Increasing demand for weed management and food security are expected to drive pesticides demand, which would spur growth for this segment over the forecast period.
• North America is expected to remain the largest market and is expected to witness the highest growth over forecast period due to limited availability of arable land, demand for healthy diet, and priority for food safety.
Features of Pesticide Market
• Market Size Estimates:Pesticide market size estimation in terms of value ($B)
• Trend and Forecast Analysis:Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis:Market size by application and regions.
• Regional Analysis:Pesticide market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities:Analysis of growth opportunities in different application and regions for the pesticide market.
• Strategic Analysis:This includes M&A, new product development, and competitive landscape for the pesticide market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the pesticide market size?
Answer:The global pesticide market is expected to reach an estimated $82.9 billion by 2027
Q2. What is the growth forecast for pesticide market?
Answer:The pesticide market is expected to grow at a CAGR of 2.7% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the pesticide market?
Answer: The major drivers for this market are increasing population, limited availability of arable land, and increasing awareness of using pesticides
Q4. What are the major applications or end use industries for pesticide?
Answer:Herbicides is the major application for pesticide.
Q5. What are the emerging trends in pesticide market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include development of nano-pesticides to reduce environmental pollution and development of formulated technology for weed control system.
Q6. Who are the key pesticide companies?
Answer:Some of the key pesticide companies are as follows:
• Syngenta
• BASF
• Bayer
• Monsanto
• Dow Chemicals
Q7. In pesticide market, which region is expected to be the largest in next 5 years?
Answer:North America is expected to remain the largest region and witness the good growth over next 5 years
Q8. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global pesticide market by application (insecticides, fungicides, and herbicides) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

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