Market Overview

Global Agricultural Pesticides Market 2018-2022| Increased Use of Herbicides to Boost Demand| Technavio

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Technavio
analysts forecast the global agricultural pesticides market to grow at a
CAGR of nearly 5% during the forecast period, according to their
latest market research report.

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Technavio has published a new market research report on the global agricultural pesticides market fr ...

Technavio has published a new market research report on the global agricultural pesticides market from 2018-2022. (Graphic: Business Wire)

The introduction of integrated pest management is one of the major
trends being witnessed in the global
agricultural pesticides market 2018-2022
. Integrated pest
management approach involves specific procedures for the elimination of
pests in an agricultural environment. It can create an inhospitable
environment for pests with approaches such as systematic resistance and
proper operation design.

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only:
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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global agricultural pesticides market is the increased
use of herbicides:

Global agricultural pesticides market:
Increased use of herbicides

Players in the market invest heavily in the development of new
categories of herbicides that are more effective and
environment-friendly. Most of the modern herbicides are formulated to
decompose within a short span after application. Applications of
herbicides are spread across different types of crops, including
cereals, grains, fruits, vegetables, oilseeds, and pulses. The shift in
consumers' preference toward fruits and green vegetables, fueled by the
rising awareness regarding health and fitness, fuels the use of
herbicides in agricultural applications.

According to a senior analyst at Technavio for research on specialty
chemicals, "Constant protests regarding the imposition of a ban on
harmful herbicides have a drawn public attention. However, the presence
of such harmful herbicides in the market is attributed to their lower
cost as compared with their substitute products. Several industry
players are developing bio-based herbicides; it is a clean and expensive
solution for weed control."

Global agricultural pesticides market:
Segmentation analysis

The global agricultural pesticides market research report provides
market segmentation by type (herbicides, insecticides, and fungicides)
and by region (the Americas, EMEA, and APAC). It provides an in-depth
analysis of the prominent factors influencing the market, including
drivers, opportunities, trends, and industry-specific challenges.

The herbicides segment held the largest market share in 2017, accounting
for nearly 43% of the market. This type segment is expected to dominate
the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 44% of
the market share. The market share occupied by this region is
anticipated to increase during 2018-2022.

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  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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