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Report ID: SQMIG15C2035
Report ID:
SQMIG15C2035 |
Region:
Global |
Published Date: February, 2024
Pages:
260
|
Tables:
90 |
Figures:
76
Crop Protection Chemicals Market size was valued at USD 42.6 billion in 2021 and is poised to grow from USD 43.24 billion in 2022 to USD 66.7 billion by 2030, growing at a CAGR of 5.6% in the forecast period (2023-2030).
The global agricultural industry has been witnessing incredible advancements both in terms of farming methods as well as regulatory intervention to promote safer and sustainable practices in food production. Such involvement has prompted numerous agrochemical companies to invest in R&D to develop greener crop protection chemicals, and also move towards a sustainable farming ecosystem.
However, from a developmental perspective, the industry has been a witness to companies engaging in commercializing bio-based chemicals from plant, mineral, bacteria, and animal sources. One such arena in which the industry has made significant advancements is biopesticides. Today, there are over 1,500 registered biopesticides with over 300 active ingredients considered to have pesticide properties.
US Crop Protection Chemicals Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15C2035