Sustainable Crop Protection Chemicals Market Size & Share, by Type (Bioinsecticides, Biopesticides), End User (Farmers, Agricultural Cooperatives, Agribusinesses) - Global Supply & Demand Analysis & Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5590
  • Published Date: Jan 31, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Sustainable Crop Protection Chemicals Market size is anticipated to reach USD 20 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of sustainable crop protection chemicals was over USD 10 Billion. The market is experiencing a significant boost due to the escalating regulatory emphasis on sustainable agriculture practices worldwide. Governments and regulatory bodies are increasingly recognizing the detrimental impact of traditional chemical pesticides on ecosystems, human health, and the overall environment. In response to these concerns, stringent regulations are being implemented to encourage the adoption of sustainable crop protection solutions. According to a report, the global biopesticides sales are projected to reach USD 10 billion by 2025. Regulatory frameworks are evolving to restrict the use of conventional pesticides with harmful residues, encouraging the agricultural industry to shift towards sustainable alternatives.

Sustainable crop protection chemicals refer to agricultural chemicals and pesticides that are designed to minimize environmental impact, reduce toxicity to non-target organisms, and promote overall sustainability in agriculture. These chemicals aim to strike a balance between effective pest control and environmental responsibility. Growing awareness of the environmental impact of conventional pesticides has led to increased demand for eco-friendly and sustainable alternatives.


Sustainable Crop Protection Chemicals Market.PNG
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Sustainable Crop Protection Chemicals Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~8%

Base Year Market Size (2023)

~ USD 10 Billion

Forecast Year Market Size (2036)

~ USD 20 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Sustainable Crop Protection Chemicals Market: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Consumer Awareness and Demand for Sustainable Agriculture Practices: Consumer awareness regarding the environmental impact of traditional farming practices have significantly increased, leading to a surge in demand for sustainable crop protection chemicals. Consumers are increasingly seeking food produced through environmentally friendly methods, driving farmers and agrochemical companies to adopt sustainable solutions. A study reported that 73% of global consumers are willing to pay more for products that come from sustainable and environmentally friendly sources. This shift in consumer preferences is influencing agricultural practices, pushing for the adoption of sustainable crop protection chemicals to meet the rising demand for eco-friendly produce.
  • Climate Change Impact on Pest Dynamics: The changing climate and its impact on pest dynamics are driving the need for adaptable and resilient crop protection measures. Shifts in temperature and precipitation patterns influence pest behavior, making it essential for farmers to adopt sustainable crop protection chemicals that can effectively address emerging pest challenges associated with climate change. This underscores the urgency for sustainable crop protection solutions that can mitigate the evolving risks associated with climate-induced changes in pest populations.
  • Government Incentives and Subsidies for Sustainable Agriculture: Governments worldwide are increasingly providing incentives and subsidies to promote sustainable agricultural practices, including the use of eco-friendly crop protection chemicals. Financial support encourages farmers to transition to sustainable alternatives, fostering the growth of the sustainable crop protection chemicals market. For instance, the European Union's Common Agricultural Policy (CAP) allocated approximately USD 39 billion for the 2014-2020 period, with a significant portion dedicated to agri-environmental measures promoting sustainable farming practices. Government support initiatives contribute to the widespread adoption of sustainable crop protection chemicals by making them more economically viable for farmers.

Challenges

  • Efficacy and Performance Concerns: One of the primary challenges facing sustainable crop protection chemicals is the perception that they may not be as effective as their conventional counterparts. Farmers are often concerned about the ability of sustainable alternatives to provide adequate pest control and ensure high crop yields. Research and development efforts must focus on enhancing the efficacy of sustainable crop protection chemicals. Formulations need to be optimized to deliver reliable pest control without compromising on performance. Demonstrating the effectiveness of these solutions through field trials and case studies can help build confidence among farmers.
  • Cost Implications
  • Limited Availability and Accessibility


Sustainable Crop Protection Chemicals Segmentation

Type (Bioinsecticides, Biopesticides)

The biopesticides segment in the sustainable crop protection chemicals market is estimated to gain the largest revenue share of 63% in the year 2036. Government initiatives, including incentives and subsidies, are encouraging farmers to adopt biopesticides. Financial support programs aim to make biopesticides more economically viable for farmers, facilitating their integration into mainstream agricultural practices. Under the Common Agricultural Policy (CAP) of the European Union, subsidies for farmers adopting agri-environmental measures, which includes the use of biopesticides, accounted for a significant portion of the total CAP budget. This financial support is pivotal in incentivizing farmers to transition towards sustainable and bio-based pest control methods. The biopesticides segment is experiencing substantial growth driven by regulatory backing, consumer preferences for residue-free products, technological advancements, environmental awareness, the adoption of IPM practices, and government support.

End User (Farmers, Agricultural Cooperatives, Agribusinesses)

The farmers segment in the sustainable crop protection chemicals market is expected to garner a significant share in the year 2036. Consumer preferences for sustainably produced agricultural products have a direct impact on farmers' choices. As the demand for eco-friendly and responsibly cultivated produce rises, farmers are adopting sustainable crop protection practices to align with consumer expectations. A study reported that 73% of global consumers are willing to pay more for sustainable and environmentally friendly products. This consumer demand incentivizes farmers to adopt sustainable practices, including the use of eco-friendly crop protection chemicals, to meet market expectations. Farmers recognize the critical role of soil health in ensuring long-term agricultural sustainability. Sustainable crop protection chemicals contribute to maintaining soil health by reducing chemical residues and promoting a balanced and resilient ecosystem.

Our in-depth analysis of the global sustainable crop protection chemicals market includes the following segments:

                Type

  • Bioinsecticides
  • Biopesticides

  

   

                End User

  • Farmers
  • Agricultural Cooperatives
  • Agribusinesses

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Sustainable Crop Protection Chemicals Industry - Regional Synopsis

APAC Market Forecast

The sustainable crop protection chemicals market in the Asia Pacific region is projected to hold the largest revenue share of 40% by the end of 2036. Educational initiatives and training programs play a crucial role in increasing awareness and understanding of sustainable crop protection practices among farmers. These programs facilitate the adoption of new technologies and methods. In Vietnam, for example, the Ministry of Agriculture and Rural Development has implemented training programs reaching over 200,000 farmers. These programs focus on sustainable agriculture practices, including the use of eco-friendly crop protection chemicals, enhancing farmers' knowledge and skills. The sustainable crop protection chemicals market in the Asia Pacific region is further being driven by government initiatives, consumer demand for safe food, climate change impacts, technological advancements, research investments, and educational programs.

North American Market Statistics

The sustainable crop protection chemicals market in the North America region is projected to hold the second largest share during the forecast period. Government support and stringent regulations promoting sustainable agriculture practices are pivotal in shaping the adoption of eco-friendly crop protection solutions in North America. Regulatory frameworks and financial incentives encourage farmers to shift towards sustainable alternatives. Increasing consumer awareness and demand for organic and sustainably produced food are driving farmers in North America to adopt sustainable crop protection chemicals. The shift in consumer preferences towards healthier and environmentally friendly choices is influencing farming practices. A report revealed that the organic sector in the United States witnessed a steady growth of 5.6% in 2019. This growth signifies the rising demand for organic products, which often involve the use of sustainable crop protection, in response to consumer preferences. Technological advancements, particularly in precision agriculture, are accelerating the adoption of sustainable crop protection chemicals.

Research Nester
Sustainable Crop Protection Chemicals Market size.PNG
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Companies Dominating the Sustainable Crop Protection Chemicals Market

top-features-companies
    • Bayer CropScience
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BASF SE
    • Syngenta AG
    • Corteva Agriscience
    • FMC Corporation
    • Marrone Bio Innovations
    • Certis USA
    • Valent BioSciences
    • Isagro S.p.A.
    • Bioworks Inc.

In-the-news

In The News

  • BASF acquired ASL, a leading French manufacturer of specialty lubricants for the automotive and industrial sectors. This acquisition strengthens BASF's position in the high-performance lubricants market and expands its geographical reach.
  • BASF successfully closed the acquisition of a range of businesses and assets from Bayer, including crop protection, biotech and digital farming activities, seeds, non-selective herbicides, and nematicide seed treatments. This significantly expanded BASF's agricultural solutions portfolio and created new opportunities for growth.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5590
  • Published Date: Jan 31, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for farming sector is the major factor driving the market growth.

The market size of sustainable crop protection chemicals is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market Bayer CropScience, BASF SE, Syngenta AG, Corteva Agriscience, FMC Corporation, Marrone Bio Innovations, and others.

The farmers segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Sustainable Crop Protection Chemicals Market Report Scope
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