Australia Crop Protection Chemicals (Pesticides) Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.98 Billion |
| Market Size (2029) | USD 2.64 Billion |
| CAGR (2024 - 2029) | 5.90 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Crop Protection Chemicals (Pesticides) Market Analysis
The Australia Crop Protection Chemicals Market size is estimated at USD 1.98 billion in 2024, and is expected to reach USD 2.64 billion by 2029, growing at a CAGR of 5.90% during the forecast period (2024-2029).
Australia has a thriving agricultural industry that plays a significant role in the country's economy. The vast land area, diverse climate, and advanced farming practices contribute to Australia's agricultural success.
- The Australian cultivation area witnessed a notable growth of 22.9%, from 22.2 million ha to 27.3 million ha in 2022. This increase in agricultural land can be attributed to the need to meet the rising demand for food. Therefore, there is a corresponding increase in the demand for efficient pest control methods, leading to the market's growth.
- The Australian Pesticides and Veterinary Medicines Authority (APVMA) regulates crop protection chemicals' use in Australia and is responsible for registering and approving pesticides and other agricultural chemicals. The APVMA ensures that these chemicals are safe for human health and the environment and effective in protecting crops.
- Increasing demand for food, pests and diseases, government support, technological advancements, increasing exports, and climate change rate drive the Australian crop protection chemicals market. Australia is a mature market for pesticides. Crops like wheat, barley, sugarcane, canola, cotton, vegetables, and fruits are largely grown in Australia and are major users of crop protection chemicals.
Australia Crop Protection Chemicals (Pesticides) Market Trends
Herbicides dominated the Australia Crop Protection Chemicals Market
- Weeds are a significant biosecurity issue affecting all crops, reducing yields, and costing Australian producers a vast amount of time and money. This has led to increased demand for herbicides, which occupied the highest share of 57.4% by value in the overall crop protection chemicals market in the country in 2024.
- Of the 2,700 species of established plants, 429 have been declared noxious or are under some form of legislative control in Australia. Due in part to changes in land and water use, many of these introduced plants have spread and are causing harmful impacts that class them as weeds. Weed infestations result in significant costs and pose serious threats to primary production, amenity landscapes, and the natural environment. The total annual economic cost of weeds to Australia has been estimated to be over USD 4.00 billion. The economic impact of weeds on tourism and landscape amenity, although not quantified, is thought to be of a similar magnitude.
- The Australian Weeds Committee provides a mechanism for identifying and resolving weed issues at the national level. The Committee facilitates coordination between the Australian government and the states and territories and with other agencies and groups participating in the Australian Weeds Strategy. All levels of the Australian government are represented on the Committee.
- The market, which is anticipated to witness a CAGR of 7..0% during the forecast period (2023-2029), may be further boosted by the increasing interest and awareness of farmers about crop protection, as well as efforts from governments and agricultural institutions to educate them on identifying weeds and their proper management.
Sugarcane is the Highest Produced Crop in Australia
- Pesticides are used widely in the sugarcane industry in Australia to prevent or mitigate losses from such conditions. Several companies, such as Syngenta and Bayer, have products primarily aimed at control of these diseases. To keep the production of sugarcane growing, the use of crop protection chemicals is vital. Thus, demand among sugarcane cultivators will drive the market during the forecast period.
- Along with wheat and cotton, sugarcane is one of the region's most popular and widely cultivated plants. Sugarcane was the highest-produced crop in Australia in 2021, with a production of 31.1 million metric tons. However, sugarcane production is often restricted by dangerous diseases, such as red rot, sour rot, and rust.
- With the increasing land being converted to agricultural production, particularly sugarcane, inputs of pesticides into the Great Barrier Reef area have increased with time. However, the use of organochlorines such as hexachlorocyclohexane (HCH) and dichlorodiphenyltrichloroethane (DDT) have ceased. The quantities of the insecticide chlorpyrifos and herbicides atrazine, diuron, and 2,4-D applied in the Herbert catchment have increased in the last few years.
Australia Crop Protection Chemicals (Pesticides) Industry Overview
The crop protection chemicals market in Australia is consolidated, with major players, including Syngenta International AG, Bayer CropScience AG, Corteva AgriScience, BASF SE, and UPL Limited, accounting for more than 50% share in the global market. New product launches, mergers and acquisitions, and partnerships are the major strategies these leading companies adopt in the market. These companies also focus on investing in innovations, collaborations, and expansions to increase their market share.
Australia Crop Protection Chemicals (Pesticides) Market Leaders
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Syngenta AG
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Bayer Crop Science AG
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BASF SE
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Corteva Agriscience
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UPL Limited
*Disclaimer: Major Players sorted in no particular order
Australia Crop Protection Chemicals (Pesticides) Market News
- April 2022: The Australian Pesticides and Veterinary Medicines Authority (APVMA) proposed to approve Bayer CropScience Xivana Prime 20 SC Fungicide in grapevines to control downy mildew.
- May 2022: UPL Australia launched "Uplift" a new broadspectrum fungicide combining two highly active fungicides to control the major fungal diseases in wheat and barley.
- November 2021: Syngenta crop protection launched PLINAZOLIN® technology, the trademark of a new active ingredient that protects plant health with outstanding performance on a wide range of harmful pests that affect key crops.
Australia Crop Protection Chemicals (Pesticides) Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of Substitute Products
4.4.4 Threat of New Entrants
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Function
5.1.1 Herbicide
5.1.2 Fungicide
5.1.3 Insecticide
5.1.4 Nematicide
5.1.5 Molluscicide
5.2 Application Mode
5.2.1 Chemigation
5.2.2 Foliar
5.2.3 Fumigation
5.2.4 Seed Treatment
5.2.5 Soil Treatment
5.3 Crop Type
5.3.1 Commercial Crops
5.3.2 Fruits and Vegetables
5.3.3 Grains and Cereals
5.3.4 Pulses and Oilseeds
5.3.5 Turf and Ornamentals
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Bayer CropScience AG
6.3.2 Syngenta International AG
6.3.3 BASF SE
6.3.4 Corteva Agriscience
6.3.5 UPL Limited
6.3.6 ADAMA Agricultural Solutions
6.3.7 FMC Corporation
6.3.8 Nufarm Ltd
6.3.9 Sumitomo Chemicals
6.3.10 American Vanguard Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Australia Crop Protection Chemicals (Pesticides) Industry Segmentation
Pesticides are used to control a variety of agricultural pests that damage crops and reduce farm productivity.
The Australia Crop Protection Chemicals Market is segmented by Function (Fungicide, Herbicide, Insecticide, Molluscicide, Nematicide), by Application Mode (Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment) and by Crop Type (Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental)
The report also offers the market sizing in terms of value (USD) and volume (metric ton).
| Function | |
| Herbicide | |
| Fungicide | |
| Insecticide | |
| Nematicide | |
| Molluscicide |
| Application Mode | |
| Chemigation | |
| Foliar | |
| Fumigation | |
| Seed Treatment | |
| Soil Treatment |
| Crop Type | |
| Commercial Crops | |
| Fruits and Vegetables | |
| Grains and Cereals | |
| Pulses and Oilseeds | |
| Turf and Ornamentals |
Australia Crop Protection Chemicals (Pesticides) Market Research FAQs
How big is the Australia Crop Protection Chemicals Market?
The Australia Crop Protection Chemicals Market size is expected to reach USD 1.98 billion in 2024 and grow at a CAGR of 5.90% to reach USD 2.64 billion by 2029.
What is the current Australia Crop Protection Chemicals Market size?
In 2024, the Australia Crop Protection Chemicals Market size is expected to reach USD 1.98 billion.
Who are the key players in Australia Crop Protection Chemicals Market?
Syngenta AG, Bayer Crop Science AG, BASF SE, Corteva Agriscience and UPL Limited are the major companies operating in the Australia Crop Protection Chemicals Market.
What years does this Australia Crop Protection Chemicals Market cover, and what was the market size in 2023?
In 2023, the Australia Crop Protection Chemicals Market size was estimated at USD 1.86 billion. The report covers the Australia Crop Protection Chemicals Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Australia Crop Protection Chemicals Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Australia Crop Protection Chemicals Industry Report
Statistics for the 2024 Australia Crop Protection Chemicals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Australia Crop Protection Chemicals analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
