Summary

Vietnam pesticides market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the rising demands for crop protection and increasing instances of crop failure from pest attacks. The greater need to enhance crop production for feeding the rapidly growing population in the country and reduce dependency on imports is driving the growth of the Vietnam pesticides market. The extensive adoption rate of modern agricultural practices and policy support from government agencies has elevated the demand for agrochemicals, including pesticides, which is expected to boost the Vietnam pesticide market growth. Increasing deforestation and urbanization practices have resulted in the decline of arable land, leading to a greater demand for crop protection chemicals such as pesticides, which is expected to boost the market growth. Advancements in new and innovative technologies to increase the lifespan of crops with better quality in cultivable land and rising demand for pesticides for genetically modified crops are expected to boost the Vietnam pesticide market in the coming years. Additionally, increasing awareness among farmers regarding the harmful impact of chemically infused pesticides has led to a greater demand for organic products that can save crops and protect environments and surge in the production of pesticides, which is aiding the market growth. Various campaigns and movements started by regulatory bodies and people to save the environment from synthetic pesticides and uptake in organic foods are further increasing the adoption of organic pesticides.
The Vietnam pesticides market is segmented into type, form, product type, crop type, source, competitional landscape, and regional distribution. By form, the market is differentiated between liquid and dry form. The dry form is expected to dominate the Vietnam pesticide market during the forecast period on account of enhanced feasibility and accessibility of the dry forms of pesticides. Based on product type, the market is distinguished between chemicals and organic. The organic segment is expected to register the fastest growth in the Vietnam pesticides market due to rising environmental awareness and emergence of many market players in this segment.
Leading players in the Vietnam pesticides market are Pesticides Joint Stock Company Vietnam (VIPESCO), Can Tho Fertilizer & Chemical Joint Stock Company, Baconco Vietnam Co., Ltd., Isagro Vietnam Co. Ltd., BASF Vietnam Company Limited, Vietnam Fumigation Joint Stock Company, Phu Nong Co., Ltd., UPL Vietnam Co., Ltd., Bayer Vietnam, Syngenta Vietnam Ltd., etc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
• To analyze the historical growth in the market size of Vietnam pesticides market from 2017 to 2021.
• To estimate and forecast the market size of Vietnam pesticides market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast Vietnam pesticides market based on type, form, product type, crop type, source, regional distribution, competitional landscape.
• To identify dominant region or segment in the Vietnam pesticides market.
• To identify drivers and challenges for Vietnam pesticides market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam pesticides market.
• To identify and analyze the profile of leading players operating in Vietnam pesticides market.
• To identify key sustainable strategies adopted by market players in Vietnam pesticides market.
Report Scope:
In this report, Vietnam pesticides market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Vietnam Pesticides Market, By Type:
o Herbicides
 Glyphosate
 Dicamba
 2,4-D
 Others
o Insecticides
 Dimethoate
 Cypermethrin
 Lambda-Cyhalothrin
 Others
o Fungicides
 Propiconazole
 Epoxiconazole
 Tebuconazole
 Others
o Others
• Vietnam Pesticides Market, By Form:
o Liquid
o Dry
• Vietnam Pesticides Market, By Product Type:
o Chemical
o Organic
• Vietnam Pesticides Market, By Crop Type:
o Oilseeds & Pulses
o Grains & Cereals
o Fruits & Vegetables
o Others
• Vietnam Pesticides Market, By Source:
o Domestic
o Import
• Vietnam Pesticides Market, By Region:
o Northern Region
o Central Region
o Southern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam Pesticides market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).

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