The global crop protection chemicals market was valued at USD 64.18 billion in 2024 and is anticipated to increase from USD 67.18 billion in 2025 to approximately USD 97.01 billion by 2032, reflecting a CAGR of 5.39% during 2025–2032. The United States market is expected to reach around USD 11.14 billion by 2032, fueled by the growing integration of advanced agricultural technologies and modern farming practices. In 2024, the Asia Pacific region dominated the global landscape, contributing 29.15% of the overall market share.
The outbreak of COVID-19 had a measurable yet ultimately positive influence on the market. In 2020, global demand rose by 2.50% compared to the average annual growth rate between 2017 and 2019. This surge was largely attributed to the agricultural sector’s resilience and the critical function of crop protection products in safeguarding global food security. After pandemic restrictions were lifted, the market gradually resumed its steady, long-term growth trajectory.
During the peak of the pandemic, the United Nations World Economic Situation and Prospects Report highlighted a 3.2% decline in global GDP, a contraction surpassing that of the Great Depression. Nearly 90% of industries worldwide experienced operational halts, disrupting supply chains, altering consumption habits, and increasing unemployment.
The agrochemical sector also faced temporary production and transportation constraints due to border closures. Nevertheless, as governments prioritized food production and supply continuity, the crop protection industry recovered faster than many other sectors.
Information Source: https://www.fortunebusinessinsights.com/industry-reports/crop-protection-chemicals-market-100080
Market Dynamics
Role of Crop Protection Chemicals
Crop protection products such as herbicides, fungicides, and insecticides are essential in reducing yield losses caused by pests and diseases. As per the Royal Society of Chemistry, more than 800 active chemical ingredients are currently registered for use in global crop protection formulations.
In recent years, research and development efforts have concentrated on creating eco-friendly, efficient, and safer formulations that can replace older, high-toxicity variants. Modern innovations emphasize target-specific activity, low application rates, broad-spectrum control, and compliance with stringent global regulatory standards.
Market Segmentation
The global crop protection chemicals market is categorized as follows:
Market Drivers and Challenges
The increasing demand for higher crop productivity is accelerating the adoption of Integrated Pest Management (IPM) practices. IPM integrates biological control, resistant crop varieties, and precision agriculture to reduce dependency on chemical pesticides. For example, India’s Directorate of Plant Protection reported productivity gains of 40.14% in rice and 26.63% in cotton following IPM implementation.
However, while global pest-related yield losses have decreased—from 13.6% during the Green Revolution to 10.8% in the early 2000s—the rise of pesticide-resistant pest species poses an ongoing challenge. This trend underscores the need for innovative and more resilient pest control technologies.
Regional Insights