Leading Crop Protection Chemicals Product Markets Databank
The Crop Protection Chemicals market was valued at $64,821.4 Million in 2020, and is projected to reach $75,522.5 Million by 2029 growing at a CAGR of 1.76% from 2021 to 2029. Herbicides segment is expected to be the highest contributor to this market, with $49,852.5 Million in 2020, and is anticipated to reach $59,065.1 Million by 2029, registering a CAGR of 1.95%. Biopesticides segment is anticipated to reach $3,037.4 Million by 2029 with the highest CAGR of 8.78%. Herbicides and Fungicides segments collectively expected to account for about 90.4% share of the Crop Protection Chemicals market in 2020, with the former constituting around 76.9% share. Biopesticides and Herbicides segments are expected to witness significant growth rates at a CAGR of 8.78% and 1.95% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 79.1% in the overall Crop Protection Chemicals market in 2020, and is anticipated to reach 82.2% by 2029.
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