The Global Crop Protection Chemicals Market is forecast to grow at a CAGR of 5.2% from USD 64.70 Billion in 2019 to USD 96.96 Billion in 2027.
New York, NY -- (SBWIRE) -- 02/01/2021 -- Crop Protection Chemicals Market
The Global Crop Protection Chemicals Market is forecast to grow at a CAGR of 5.2% from USD 64.70 Billion in 2019 to USD 96.96 Billion in 2027. Crop protection chemicals are used to improve crop productivity and also protect the crops from insects, pests, fungi, and weeds. They are used in fruits & vegetables, cereals & grains, oilseeds & pulses, and other crops. The advent of the latest farming practices and demand for bio-based and natural agrochemicals will act as an opportunity for the market vendors. However, lack of awareness regarding the dosage in the crop protection chemicals, and the availability of counterfeit chemicals, are expected to hamper the market growth.
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
Get a FREE Report Sample with Table of Contents and Figures @ https://www.reportsanddata.com/sample-enquiry-form/3460
Growing worldwide population is a significant factor driving the growth of the market. Population across the globe is presently growing at a rate of about 1.05% per year. The existing average increase in population is anticipated at 81 million people each year. World population has increased. It is projected that it will take another approximately 40 years to grow by another 50% to reach 9 billion by the year 2037. This trend indicates a growing demand for food products worldwide. Food demand is likely to increase in the range of 59.0% to 98.0% by 2050. One of the ways, this demand could be met by improving productivity on existing agricultural lands by use pesticides such as fungicides to prevent crop damage.
North America accounted for around USD 17.11 billion in 2019 and is expected to be one of the key revenue-generating regions for the market. A large share of the region's value comes from the U.S. Owing to factors such as the early development of the technology, awareness related to the bio-based food products, and super-nutritious edible products.
The global Crop Protection Chemicals market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Crop Protection Chemicals market are listed below:
BASF SE, The Dow Chemical Company, E.I. Dupont De Nemours and Company, Syngenta AG, FMC Corporation, Nufarm Limited, Monsanto Company, Sumitomo Chemical Co., Ltd, Adama Agricultural Solutions Ltd., and Bayer Cropscience AG, among others.
Type Outlook (Revenue, USD Billion; 2017-2027)
Origin Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Food & Beverage
To get an exclusive discount on the report, visit @ https://www.reportsanddata.com/discount-enquiry-form/3460
Radical Features of the Crop Protection Chemicals Market Report:
Valuable insights into the Crop Protection Chemicals market to impart an in-depth understanding of the business verticle
An 8-year forecast estimation along with an analysis of key elements of the market
Technological advancements, regulatory framework, and recent developments covered in the report
Growth analysis and projections until 2027
Statistical analysis of the key players operating in the Crop Protection Chemicals industry
Table Of Contents:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Crop Protection Chemicals Market Segmentation & Impact Analysis
Chapter 5. Crop Protection Chemicals Market, By Type Insights & Trends
Chapter 6. Crop Protection Chemicals Market, By Application Insights & Trends
Chapter 7. Crop Protection Chemicals Market, By End Use Insights & Trends
Chapter 8. Crop Protection Chemicals Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
To Get This Report at a Lucrative Price, Click @ https://www.reportsanddata.com/checkout-form/3460
Thank you for reading our report. To know more about customization options, please get in touch with us. Our team will ensure the report is tailored to suit your requirements.
Have a Look at Related Reports:
Eye Care Products Market Size
Left Ventricular Assist Device (LVAD) Market Share
Cancer Stem Cell Therapeutics Market Analysis
About Reports and Data:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.