Market Size of Fruit & Vegetable Crop Protection Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.90 % |
Fastest Growing Market | North America |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Fruit & Vegetable Crop Protection Market Analysis
The globalcrop protection market for fruit & vegetablesisestimated to register a CAGR of 3.9% during the forecast period, 2020-2025. Growing population, decliningarable land,food security, and the need for augmented agricultural productivityare the significantfactors, which are driving the demand for higher agricultural output, thusaugmenting the growth of the pesticide industry, globally. Increasing R&D cost, low per capita use of crop protection chemicals in several developing economies and ban in pesticides in certain regions are the major factors, which act as restraints to the market. The market is highly consolidated, with a few players dominating the market across different geographical regions. The market players are mostly focusing upon R&D, mergers, and acquisitions, and new product launches to increase their market share.
Fruit & Vegetable Crop Protection Industry Segmentation
Fruits are the ripened seed-bearing parts of a plant that are fleshy and edible. Whereas, the herbaceous, edible part of a plant like roots, stems, leaves or flowers are defined as vegetables. Both are sources of nutrients for the consumer. Crop protection chemicals like herbicides, fungicides, insecticides, nematicides, and molluscicides that are used particularly on fruits and vegetables are considered in the scope.
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Bio-based |
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Herbicides | |
Fungicides | |
Insecticides | |
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Fruit & Vegetable Crop Protection Market Size Summary
The global fruit and vegetable crop protection market is experiencing growth driven by factors such as increasing population, diminishing arable land, and the pressing need for food security and enhanced agricultural productivity. These elements are fueling the demand for higher agricultural output, thereby boosting the pesticide industry worldwide. However, challenges such as rising research and development costs, low per capita usage of crop protection chemicals in developing regions, and pesticide bans in certain areas are restraining market expansion. The market is characterized by a high level of consolidation, with a few key players dominating across various geographical regions. These companies are primarily focusing on research and development, mergers and acquisitions, and the launch of new products to expand their market presence.
In the context of biopesticides, there is a growing interest from major agrochemical companies, driven by the less toxic nature of these products compared to conventional synthetic pesticides. This trend suggests that the biopesticides sector may outperform traditional crop protection sectors. Countries like India, China, and Japan are significant players in the market, with Japan leading in pesticide usage per hectare. In India, the extensive use of synthetic pesticides addresses substantial crop losses due to pests and diseases, supported by factors such as rising food grain demand, limited arable land, and increased exports. The competitive landscape is marked by numerous mergers and acquisitions, with major industry players like Adama Agricultural Solutions Ltd., BASF SE, Bayer Cropscience AG, Corteva Agriscience, and Syngenta International AG making significant investments in research and development to maintain their market dominance.
Fruit & Vegetable Crop Protection Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of Substitute Products
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1.4.4 Threat of New Entrants
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1.4.5 Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Origin
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2.1.1 Synthetic
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2.1.2 Bio-based
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2.2 Type
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2.2.1 Herbicides
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2.2.2 Fungicides
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2.2.3 Insecticides
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2.2.4 Other Types
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 Spain
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2.3.2.3 United Kingdom
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Australia
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2.3.3.4 Japan
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Africa
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2.3.5.1 South Africa
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2.3.5.2 Rest of Africa
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Fruit & Vegetable Crop Protection Market Size FAQs
What is the current Fruit & Vegetable Crop Protection Market size?
The Fruit & Vegetable Crop Protection Market is projected to register a CAGR of 3.9% during the forecast period (2024-2029)
Who are the key players in Fruit & Vegetable Crop Protection Market?
Adama Agricultural Solutions Ltd., BASF SE, Bayer Cropscience AG, Corteva Agriscience and Syngenta International AG are the major companies operating in the Fruit & Vegetable Crop Protection Market.