Market Size of north america insecticide Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 8.42 Billion |
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Market Size (2029) | USD 10.60 Billion |
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Largest Share by Application Mode | Foliar |
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CAGR (2024 - 2029) | 4.72 % |
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Largest Share by Country | United States |
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Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Insecticide Market Analysis
The North America Insecticide Market size is estimated at 8.42 billion USD in 2024, and is expected to reach 10.60 billion USD by 2029, growing at a CAGR of 4.72% during the forecast period (2024-2029).
8.42 Billion
Market Size in 2024 (USD)
10.60 Billion
Market Size in 2029 (USD)
5.68 %
CAGR (2017-2023)
4.72 %
CAGR (2024-2029)
Largest Segment by Application Mode
56.31 %
value share, Foliar, 2023
Foliar applications hold a major share of the insecticide market as they provide targeted applications, allowing farmers to focus on areas with high pest pressure.
Largest Segment by Crop Type
45.03 %
value share, Grains & Cereals, 2023
Grains and cereals consume a large portion of insecticides as their production can be affected by various pests, including insects that feed on foliage, grains, and stems.
Largest Segment By Country
90.74 %
value share, United States, 2023
Insecticides play a crucial role in the agricultural productivity of the United States due to the increased infestation of insects such as aphids, beetles, and caterpillars.
Leading Market Player 1
11 %
market share, FMC Corporation, 2022
FMC has entered into a long-term agreement with UPL, under which FMC grants access to its insecticide active ingredient to use in UPL's product formulations.
Leading Market Player 2
8.71 %
market share, Corteva Agriscience, 2022
Corteva Agriscience has launched a new insecticide, Lumivia CPL, in Canada for seed treatment with a new mode of action to control pest damage in the early season.
The rising pest challenges are expected to propel the growth of the market
- The North American insecticide market accounted for 22.8% of the market value of the global insecticide market in 2022. The North American insecticide market is expected to witness growth in all segments. It is anticipated to register a CAGR of 4.7% during 2023-2029 due to the rising demand for crop protection and improved agriculture productivity.
- Foliar applications held a significant value share in the insecticide market of North America, accounting for 56.3% in 2022 due to their effectiveness in controlling insect pests.
- The chemigation segment accounted for 7.6% of North America's insecticide market value in 2022. The insecticide market in the chemigation segment is driven by its potential benefits, including the precise and uniform application of insecticides, reduced labor costs, and enhanced pest control efficacy.
- The seed treatment method has been gaining popularity in the region, and it is expected to be one of the fastest-growing segments at a CAGR of 4.9% in the insecticide market during the forecast period (2023-2029). Seed treatment involves coating seeds with insecticides before planting, which provides protection to emerging seedlings from early pest pressures and diseases. It has become an attractive option for farmers due to its targeted and efficient approach to pest management.
- The insecticide market in the soil treatment segment is anticipated to register a CAGR of 4.6% during 2023-2029. The growth in soil treatment can be attributed to its advantages, such as providing long-lasting protection against certain pests and promoting better pest management by targeting insects at different stages of their life cycles.
Understand The Key Trends Shaping This Market
Increasing pest pressure, expansion of cultivation, and rising demand for quality produce are driving the growth of the market
- North America accounted for a 22.8% share in 2022 of the global insecticide market. The region is witnessing significant growth due to the increasing demand for crop protection solutions. Factors such as growing population, rising food demand, expanding agricultural activities, and the increasing need to protect crops from insect pests are driving the market.
- The United States is a dominant player in the North American insecticide market. It has one of the largest and most technologically advanced agricultural sectors in the world, producing a wide range of crops and commodities. As a result, the US demand for insecticides to protect crops from damaging pests and insects has been substantial.
- Mexico is expected to register a CAGR of 6.2% during the forecast period (2023-2029), making it the fastest-growing country in the North American insecticide market. The growing agricultural activities, a diverse range of crops, and changing climatic conditions are driving the use of insecticides in Mexico to protect crops and ensure optimal yields.
- Canada is anticipated to register a CAGR of 3.0% during the forecast period (2023-2029). The rising pest pressure in significantly cultivated crops and the growing need to protect crops from insect pests are anticipated to fuel the growth of the Canadian insecticide market.
- The insecticide market in the Rest of North America was valued at USD 65.5 million in 2022. The fruit and vegetable crops segment dominated the market, with a 4.3% market share in the same year. The market in this regional segment is being driven by the growing awareness of the economic benefits of protecting crops from insect pests. As a result, the Rest of North America insecticide market is expected to register a CAGR of 4.7% during the forecast period (2023-2029).
North America Insecticide Industry Segmentation
Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment are covered as segments by Application Mode. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type. Canada, Mexico, United States are covered as segments by Country.
- The North American insecticide market accounted for 22.8% of the market value of the global insecticide market in 2022. The North American insecticide market is expected to witness growth in all segments. It is anticipated to register a CAGR of 4.7% during 2023-2029 due to the rising demand for crop protection and improved agriculture productivity.
- Foliar applications held a significant value share in the insecticide market of North America, accounting for 56.3% in 2022 due to their effectiveness in controlling insect pests.
- The chemigation segment accounted for 7.6% of North America's insecticide market value in 2022. The insecticide market in the chemigation segment is driven by its potential benefits, including the precise and uniform application of insecticides, reduced labor costs, and enhanced pest control efficacy.
- The seed treatment method has been gaining popularity in the region, and it is expected to be one of the fastest-growing segments at a CAGR of 4.9% in the insecticide market during the forecast period (2023-2029). Seed treatment involves coating seeds with insecticides before planting, which provides protection to emerging seedlings from early pest pressures and diseases. It has become an attractive option for farmers due to its targeted and efficient approach to pest management.
- The insecticide market in the soil treatment segment is anticipated to register a CAGR of 4.6% during 2023-2029. The growth in soil treatment can be attributed to its advantages, such as providing long-lasting protection against certain pests and promoting better pest management by targeting insects at different stages of their life cycles.
| Application Mode | |
| Chemigation | |
| Foliar | |
| Fumigation | |
| Seed Treatment | |
| Soil Treatment |
| Crop Type | |
| Commercial Crops | |
| Fruits & Vegetables | |
| Grains & Cereals | |
| Pulses & Oilseeds | |
| Turf & Ornamental |
| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
Need A Different Region Or Segment?
North America Insecticide Market Size Summary
The North American insecticide market is poised for significant growth, driven by the increasing demand for crop protection and enhanced agricultural productivity. The market is characterized by a diverse range of application methods, with foliar applications holding a substantial share due to their effectiveness in pest control. The chemigation segment is gaining traction for its precise and efficient application benefits, while seed treatment is emerging as a rapidly growing method, offering targeted protection to seedlings. Soil treatment is also expected to see steady growth, providing long-lasting pest protection. The region's market expansion is fueled by factors such as a growing population, rising food demand, and the need to safeguard crops from pest infestations, particularly in the United States, Mexico, and Canada.
The United States dominates the North American insecticide market, supported by its advanced agricultural sector and substantial crop production. Mexico is anticipated to be the fastest-growing country in the region, driven by expanding agricultural activities and the need to combat pest-related yield losses. Canada is also experiencing growth due to rising pest pressures on cultivated crops. The market is fragmented, with major players like Bayer AG, Corteva Agriscience, FMC Corporation, Nufarm Ltd, and Syngenta Group leading the charge. These companies are actively engaging in partnerships and technological advancements to develop eco-friendly and effective pest management solutions, reflecting the industry's ongoing innovation and adaptation to changing agricultural needs.
North America Insecticide Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Application Mode
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1.1.1 Chemigation
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1.1.2 Foliar
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1.1.3 Fumigation
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1.1.4 Seed Treatment
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1.1.5 Soil Treatment
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1.2 Crop Type
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1.2.1 Commercial Crops
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1.2.2 Fruits & Vegetables
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1.2.3 Grains & Cereals
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1.2.4 Pulses & Oilseeds
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1.2.5 Turf & Ornamental
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1.3 Country
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1.3.1 Canada
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1.3.2 Mexico
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1.3.3 United States
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1.3.4 Rest of North America
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North America Insecticide Market Size FAQs
How big is the North America Insecticide Market?
The North America Insecticide Market size is expected to reach USD 8.42 billion in 2024 and grow at a CAGR of 4.72% to reach USD 10.60 billion by 2029.
What is the current North America Insecticide Market size?
In 2024, the North America Insecticide Market size is expected to reach USD 8.42 billion.
