Pesticides Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Herbicides, Fungicides, Insecticides, Others), By Product (Synthetic Pesticides, Bio Pesticides), By Application (Cereal, Fruits, Plantation Crops, Vegetables, Others), By Formulation (Dry, Liquid), By Region and Competition, 2020-2030F

Market Overview

The Global Pesticides Market, valued at USD 1.67 Billion in 2024, is projected to experience a CAGR of 9.77% to reach USD 2.92 Billion by 2030. Pesticides are chemical or biological agents designed to prevent, destroy, repel, or mitigate pests, including unwanted plant species, insects, and fungi, predominantly employed to safeguard agricultural yields and enhance productivity. The global pesticides market growth is primarily supported by the increasing necessity to meet the food demands of a growing global population and the escalating prevalence of crop diseases and pest infestations that cause significant agricultural losses. Furthermore, continuous technological advancements in product formulations and application methodologies contribute to market expansion.

A significant challenge impeding market expansion is the increasingly stringent environmental regulations and mounting pressure to reduce the use of conventional chemical pesticides, driving demand for more sustainable solutions. According to the Food and Agriculture Organization, total pesticides use in agriculture globally was 3.73 million tonnes of active ingredients in 2023. Furthermore, the 2024 CropLife 100 survey indicated that crop protection products recorded overall revenue of $15.3 billion among surveyed agricultural retailers in 2024, a decrease from $15.7 billion in 2023.

Key Market Drivers

The increasing global food demand and expanding population represent a fundamental driver for the pesticides market. As the world's population continues to grow, so does the imperative to maximize agricultural output from finite arable land. This escalating demand places immense pressure on crop production systems, requiring efficient strategies to prevent yield losses. Farmers globally must ensure high productivity and safeguard harvests against myriad threats to meet this critical need, directly fueling the requirement for crop protection solutions. According to the United Nations, in July 2024, their report "Hunger numbers stubbornly high for three consecutive years as global crises deepen: UN report" indicated that approximately 2.33 billion people globally faced moderate or severe food insecurity in 2023. This widespread food insecurity underscores the persistent challenge of providing adequate nourishment, intensifying reliance on pesticides to enhance agricultural efficiency and secure food supplies.

Concurrently, the persistent challenge of increasing pest resistance and the emergence of new pest species significantly influences the pesticides market. Pests continuously evolve, developing resistance to existing chemical treatments, which necessitates the development and adoption of novel pesticide formulations and active ingredients. This biological adaptation creates an ongoing demand for innovative crop protection products that can overcome resistance mechanisms and effectively control emerging threats. According to ResearchGate, in February 2024, the article "GLOBAL AGRICULTURAL LOSSES AND THEIR CAUSES" stated that 38% of agricultural losses are solely caused by insect pests while 34% are due to weeds, highlighting the substantial and continuous threat posed by these biological factors. This drives continuous research and development within the industry, ensuring that effective solutions remain available to protect crops from evolving and new infestations. Overall, in 2024, Syngenta Group reported full-year sales of $28.8 billion, reflecting the significant economic activity within this essential sector.

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Key Market Challenges

The challenging factor impeding the global pesticides market expansion is the increasingly stringent environmental regulations and mounting pressure to reduce the use of conventional chemical pesticides. This directly constrains market growth by significantly increasing the costs and time associated with product development and regulatory compliance for manufacturers. The necessity to adhere to stricter environmental standards often leads to the withdrawal of certain active ingredients, thereby limiting the range of conventional products available and shifting investment priorities towards more sustainable, yet often more complex, solutions.

This regulatory environment profoundly impacts the market by escalating the financial commitment required to introduce new products. According to a 2024 infographic from CropLife International members, the overall costs of bringing a new pesticide to market have surpassed $300 million. Specifically, registration costs represented $42 million of these overall costs for the 2014-2019 period, accounting for 13.9% of the total development expenditure. These rising expenses and extended regulatory timelines directly translate into higher barriers to entry and slower innovation for conventional pesticides, thereby restricting their market presence and hindering the overall growth trajectory of the global pesticides market.

Key Market Trends

The global pesticides market is experiencing an accelerated shift towards bio-based and sustainable solutions, driven by increasing environmental consciousness and evolving regulatory frameworks. This trend signifies a strategic industry pivot towards products with reduced ecological footprints and improved safety profiles. Industrial associations are actively supporting this transformation; CropLife Europe member companies committed €4 billion towards innovation in biopesticides as part of their 2030 objectives, underscoring the substantial financial backing for this segment. This is further evidenced by corporate actions, as Bayer announced in September 2023 an approximate $236 million investment for a new product safety complex in Monheim, Germany, aimed at advancing sustainable crop protection products and minimizing agriculture's environmental impact. This strategic focus on biologically derived alternatives and environmentally compatible formulations is fundamentally reshaping product development and market dynamics.

Concurrently, the increasing adoption of precision agriculture techniques is fundamentally optimizing pesticide application through data-driven methodologies. This trend leverages advanced technologies for more efficient and accurate pesticide delivery, thereby minimizing waste and boosting efficacy. The 2024 CropLife/Purdue Precision Survey indicated that precision pesticide applications were profitable for most participating dealers, with approximately one-third already offering crop inputs via unmanned aerial vehicles or drones, a figure projected to reach 50% within three years. Such technological integration promotes judicious input use. For instance, at DevCon 2025 in September 2025, Syngenta unveiled AI-driven solutions, incorporating satellite imagery and predictive modeling for pest management, to enable the targeted application of crop protection products exclusively to infested zones. This systematic approach enhances both the economic viability and environmental sustainability of farming.

Segmental Insights

The Fungicides segment is experiencing rapid growth within the Global Pesticides Market, driven primarily by the escalating prevalence of crop diseases worldwide. Fungal pathogens are responsible for a substantial portion of crop losses, and their incidence is being exacerbated by changing climatic conditions, which create more favorable environments for fungal spread and intensify disease outbreaks across diverse agricultural regions. Concurrently, the increasing global population necessitates higher agricultural productivity from finite arable land, placing immense pressure on farmers to protect yields and minimize post-harvest losses. Fungicides are therefore essential for safeguarding crops and ensuring food security, making them a critical component of modern intensive farming practices.

Regional Insights

North America leads the global pesticides market due to its highly developed agricultural sector, characterized by advanced farming practices and widespread adoption of modern crop protection technologies. The region's extensive agricultural land, particularly for staple crops like corn and soybeans, necessitates efficient pest management to maximize yields and ensure food security. Furthermore, a robust regulatory framework, primarily driven by agencies such as the Environmental Protection Agency (EPA) and the United States Department of Agriculture (USDA), fosters continuous innovation in pesticide formulations and application methods, supporting the development of effective yet regulated solutions for a dynamic agricultural landscape. This combination of advanced farming, significant crop production, and a strong regulatory environment underpins North America's market dominance.

Recent Developments

• In July 2025, Bayer expanded its collaboration with the M2i Group, a French pheromone specialist company, to globally distribute pheromone-based biological crop protection solutions. This development marked a significant partnership in the biological pesticides sector, extending the exclusive distribution of M2i's pheromone gels to the Asia-Pacific, Latin America, and United States regions. Building upon successful product launches in Europe and Africa, this reinforced Bayer's commitment to delivering biological crop protection solutions on a global scale, enhancing the range of sustainable tools available to farmers.

• In August 2024, Syngenta India launched two new crop protection products, Miravis® Duo and Reflect® Top, specifically designed for the Indian agricultural market. Miravis® Duo, a fungicide featuring ADEPIDYN® technology, was made available for crops like tomato, chili, groundnut, and grape, offering control over diseases such as powdery mildew and anthracnose. Reflect® Top, another fungicide utilizing Double Binding Technology, was tailored for rice cultivation, providing defense against sheath blight and ensuring extended disease control. These introductions aimed to enhance crop output for farmers.

• In May 2024, BASF introduced its new insecticide, Cimegra®, in Australia, marking a significant product launch within the global pesticides market. This product, powered by the novel active ingredient Broflanilide®, offers an advanced solution for crop protection. Cimegra® provides effective and long-lasting control against tough insect pests, such as the Diamondback moth, particularly in Brassica vegetables. Its unique mode of action, categorized under IRAC group 30 MoA, addresses resistance management, expanding the company's presence in the insecticide sector by delivering high-efficacy products that meet agricultural needs.

• In February 2024, Corteva Agriscience announced the launch of its new Enversa™ herbicide, with expected availability for the 2025 growing season in the United States, following its U.S. Environmental Protection Agency registration in December 2023. This versatile solution was developed to control difficult broadleaf and grass weeds in various crops, including soybeans, cotton, corn, sorghum, peanuts, and sugar beets. Enversa™ herbicide incorporates a proprietary encapsulated acetochlor component, which establishes a residual barrier in the soil, providing extended weed control and crop safety in the global pesticides market.

Key Market Players

• Bayer AG
• Syngenta Crop Protection AG
• BASF SE
• China National Chemical Corporation Ltd.
• BioWorks, Inc.
• Pro Farm Group Inc.
• ADAMA Agricultural Solutions Limited
• Certis USA L.L.C.
• The Dow Chemical Company

Report Scope:

In this report, the Global Pesticides Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Pesticides Market, By Type:

o   Herbicides

o   Fungicides

o   Insecticides

o   Others

• Pesticides Market, By Product:

o   Synthetic Pesticides

o   Bio Pesticides

• Pesticides Market, By Application:

o   Cereal

o   Fruits

o   Plantation Crops

o   Vegetables

o   Others

• Pesticides Market, By Formulation:

o   Dry

o   Liquid

• Pesticides Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Pesticides Market.

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Global Pesticides Market report 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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