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Agricultural Pesticides Market Size 2025-2029

The agricultural pesticides market size is forecast to increase by USD 24.62 billion at a CAGR of 4.1% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increased use of herbicides is a major factor driving market expansion, as farmers seek to enhance crop yields and protect their crops from pests and weeds. Additionally, the continuous launch of new pesticide products is contributing to market growth. These pesticides include herbicides, insecticides, fungicides, acaricides, bactericides, and other pest control agents. 
However, the regulatory environment poses a challenge for market participants. Farmers continue to seek effective and sustainable pesticide solutions to maintain yields and ensure the production of fresh fruits and vegetables and other agricultural products. Strict regulations regarding the use of agricultural pesticides, particularly those with potential health and environmental risks, are increasing. Producers must comply with these regulations to maintain market access and mitigate potential legal and reputational risks. Overall, the market is expected to continue its growth trajectory, with a focus on innovation and regulatory compliance.

What will be the Size of the Agricultural Pesticides Market During the Forecast Period?

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The market encompasses a range of products used by farmers to manage pests, weeds, fungi, insects, and other organisms that threaten the health and productivity of plants. The market is driven by the need to protect cash crops and export products from damage caused by local pest species.
However, the rise of organic food production and increasing concerns over pesticide resistance have led to growing demand for non-insecticidal and alternative pest management solutions. Farmers continue to seek effective and sustainable pesticide solutions to maintain yields and ensure the production of fresh fruits and vegetables and other agricultural products. Despite these challenges, the market is expected to grow due to the ongoing demand for food production and the need to mitigate losses from pests and diseases.

How is this Agricultural Pesticides Industry segmented and which is the largest segment?

The agricultural pesticides industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Herbicides
  Insecticides
  Fungicides and bactericides
  Others


Product

  Synthetic pesticides
  Biopesticides


Geography

  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil
    Argentina


  Europe

    Germany
    UK
    France


  North America

    US


  Middle East and Africa

By Type Insights

The herbicides segment is estimated to witness significant growth during the forecast period. The market encompasses a range of products used for managing pests, weeds, fungi, and insects in plants and crops. Herbicides, a significant segment, are employed to eradicate unwanted weeds and herbs, preserving crop yield. Notable herbicides include glyphosate, bio-herbicides, 2,4-D, paraquat, acetochlor, and atrazine. Glyphosate, a widely used herbicide, is available in gel and powder forms. However, herbicide resistance among pests and crops poses a significant challenge to market growth. This resistance is observed in various pests, including weeds, fungi, insects, and even nematodes. Other pesticide categories include insecticides, fungicides, nematicides, and rodenticides. Organic food production and modern farming techniques, including intensive farming and precision agriculture, also influence market dynamics. Climatic conditions, fluctuations, and irregular rainfall impact crop production and pest management strategies. Pesticide resistance, local pest species, and regulations governing the use of agrochemicals are key factors shaping the market landscape.

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The herbicides segment was valued at USD 42.23 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC experiences significant growth due to the expanding agricultural sector and increasing population. With approximately 30% of the world's arable land and nearly 60% of the global human population, APAC is the leading consumer of pesticides. The market expansion is fueled by th