Technavio has been monitoring the agricultural pesticides market and it is poised to grow by USD 24.60 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Agricultural Pesticides Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
- What was the value of the agricultural pesticides market in 2019?
- Technavio says that the value of the market was at USD 68.03 billion in 2019 and is projected to reach USD 92.63 billion by 2024.
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of over 6%, the market growth will accelerate during the forecast period.
- What is the key factor driving the market?
- The increased use of herbicides is one of the key factors driving the market growth.
- Who are the top players in the market?
- ADAMA Ltd., BASF SE, Bayer AG, DuPont de Nemours Inc., FMC Corp., NACL Industries Ltd., Novozymes AS, Nufarm Ltd., Sumitomo Chemical Co. Ltd., and Syngenta AG are some of the major market participants.
- Which region is expected to hold the highest market share?
- APAC
- What is the year-over-year growth rate of the global market?
- The year-over-year growth rate for 2020 is estimated at 5.72%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ADAMA Ltd., BASF SE, Bayer AG, DuPont de Nemours Inc., FMC Corp., NACL Industries Ltd., Novozymes AS, Nufarm Ltd., Sumitomo Chemical Co. Ltd., and Syngenta AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased use of herbicides has been instrumental in driving the growth of the market.
Agricultural Pesticides Market 2020-2024: Segmentation
Agricultural Pesticides Market is segmented as below:
- Type
- Herbicides
- Insecticides
- Fungicides
- Others
- Geography
- APAC
- South America
- Europe
- North America
- MEA
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Agricultural Pesticides Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our agricultural pesticides market report covers the following areas:
- Agricultural Pesticides Market size
- Agricultural Pesticides Market trends
- Agricultural Pesticides Market analysis
This study identifies the introduction of integrated pest management as one of the prime reasons driving the agricultural pesticides market growth during the next few years.
Agricultural Pesticides Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the agricultural pesticides market, including some of the vendors such as ADAMA Ltd., BASF SE, Bayer AG, DuPont de Nemours Inc., FMC Corp., NACL Industries Ltd., Novozymes AS, Nufarm Ltd., Sumitomo Chemical Co. Ltd., and Syngenta AG. Backed with competitive intelligence and benchmarking, our research reports on the agricultural pesticides market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Agricultural Pesticides Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist agricultural pesticides market growth during the next five years
- Estimation of the agricultural pesticides market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the agricultural pesticides market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of agricultural pesticides market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Herbicides Market size and forecast 2019-2024
- Insecticides Market size and forecast 2019-2024
- Fungicides Market size and forecast 2019-2024
- Others Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- North America Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers Demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ADAMA Ltd.
- BASF SE
- Bayer AG
- DuPont de Nemours Inc.
- FMC Corp.
- NACL Industries Ltd.
- Novozymes AS
- Nufarm Ltd.
- Sumitomo Chemical Co. Ltd.
- Syngenta AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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