Global pesticides market is projected
to grow from around $ 75 billion in 2017 to $ 90 billion by 2023. Growth in the
market is anticipated on account of shrinking area under cultivation leading to
need for higher productivity per acre and increasing demand for nutritional
food items, globally. Rising focus towards the eradication of crop production
losses and increase the nutritional qualities of the product is further
expected to aid market growth in the coming years. Crop protection measures of various
governments and organizations leading to weed management programs, coupled with
emergence of new trends such as development of Nano pesticides to reduce the
effect of pesticide application on environment are anticipated to positively
influence the global pesticides market over the coming years.
Years Considered for this Report:
Historical Years: 2013 – 2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019 – 2023
Objective of the Study:
- The
primary objective of the study is to evaluate and forecast the global pesticides
market.
- To
categorize the market on the basis of type, application, formulation,
competition and region.
- To
scrutinize the detailed market segmentation and forecast the market size,
in terms of value, on the basis of five regions, namely – Asia-Pacific, North
America, Europe, Middle East & Africa and South America.
- To
identify major drivers, challenges and trends in the global pesticides market.
- To
evaluate pricing analysis in the global pesticides market.
- To
identify and profile major companies operating in the global pesticides market.
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Some of the major players
operating in the global pesticides market are Syngenta International AG, Bayer
AG, BASF SE, DowDuPont Inc., Monsanto Company, Nufarm Limited, Sumitomo
Chemical Co., Ltd., Sinochem Group, China National Chemical Corporation
(ChemChina), and FMC Corporation, among others.
To extract data for the global pesticides
market, primary research surveys were conducted with pesticide manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also enquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for the global pesticides
market over the coming years.
TechSci Research calculated the
global pesticides market size using a bottom-up approach, wherein
manufacturers’ value sales data for different types (synthetic and bio pesticides)
was recorded and forecast for the future years. TechSci Research sourced these
values from industry experts and company representatives and externally
validated through analyzing historical sales data of respective manufacturers
to arrive at the overall market size. Various secondary sources such as company
websites, association reports, company annual reports, FAO, etc., were also studied
by TechSci Research.
Key
Target Audience:
- Pesticide manufacturers, distributors and
other stakeholders
- Major end users of pesticides
- Organizations, forums and alliances related to
pesticides
- Government bodies such as regulating
authorities and policy makers
- Market research and consulting firms
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as pesticide manufacturers, customers and policy makers. The
report also provides useful insights about which market segments should be
targeted over the coming years in order to strategize investments and
capitalize on growth opportunities.
Report Scope:
In this report, the global pesticides
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, by Type:
- Synthetic Pesticides
- Bio Pesticides
- Market, by Application:
- Cereal
- Fruits
- Plantation Crops
- Vegetables
- Others
- Market, by Region:
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Malaysia
- Bangladesh
- Kazakhstan
- Myanmar
- Rest of Asia-Pacific
- Europe
- Germany
- Italy
- France
- Spain
- United Kingdom
- Rest of Europe
- North America
- United States
- Canada
- Mexico
- Rest of North America
- Middle East & Africa
- KSA
- UAE
- Iran
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
Competitive Landscape
Company Benchmarking: Benchmarking of
leading players on the basis of product type offered by them.
Company
Profiles: Detailed analysis of major companies operating in the global pesticides market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
Following customization options are available for the report:
Channel Partner Analysis
- Detailed list of distributors and dealers
across all the regions.
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Customer Profiling
In case you can’t find what you are looking for,
then please get in touch with our custom research team at
sales@techsciresearch.com