Market Forecast by Countries (United States, Canada), By Origin (Synthetic, Bio-based), By Type (Fungicide, Insecticide, Nematicide, Herbicide, Others Types), By Application (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops, Other Applications) And Competitive Landscape
Product Code: ETC406122 | Publication Date: Aug 2022 | Updated Date: Jun 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
North America Crop Protection Chemicals Market report thoroughly covers the market by countries, origin, type and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America crop protection chemicals market is expected to witness a steady growth from 2024 to 2030. This can be attributed to the increasing demand for food security and rising concerns over pest and disease management in agricultural practices. The use of crop protection chemicals is essential in ensuring higher crop yields, as they help safeguard crops from pests, diseases, and weeds.
According to 6Wresearch, North America Crop Protection Chemicals Market size is expected to grow at a significant CAGR of 6.4% during 2024-2030. One of the major drivers for this market is the growing population in North America, which has led to an increase in demand for food production. With limited arable land available and challenges such as climate change, farmers are increasingly relying on crop protection chemicals to maximize their yields and meet the demand for food. Additionally, government initiatives promoting sustainable agriculture practices and the use of environmentally friendly chemicals are expected to drive market growth in the region.
However, the market also faces challenges such as the high cost of crop protection chemicals and increasing concerns over their potential negative impact on human health and the environment. This has led to a rise in demand for organic or natural alternatives, which may restrict the North America Crop Protection Chemicals Market growth.
Some key players in the North America crop protection chemicals market include BASF SE, Bayer CropScience AG, Syngenta International AG, Corteva Agriscience, FMC Corporation, Adama Ltd., Nufarm Limited, and UPL Limited, among others. These companies are constantly investing in research and development to introduce new and innovative products to cater to the changing needs of farmers and meet regulatory requirements.
Governments in North America have also taken initiatives to promote sustainable agriculture and reduce the use of harmful chemicals in crop production. For instance, the US Environmental Protection Agency has introduced various regulations such as the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) to ensure the safe and responsible use of crop protection chemicals.
According to Dhaval, Research Manager, 6Wresearch, with its large agricultural sector and extensive use of modern farming techniques, the United States is undoubtedly the largest consumer of crop protection chemicals in North America. The country's demand for these products can be attributed to various factors such as increasing population, rising food demands, and the need for high productivity from limited arable land. The use of genetically modified crops and advanced farming technologies has also contributed to the growing demand for crop protection chemicals in the country.
Currently, the synthetic segment dominates the North America crop protection chemicals market, accounting for a major share of the overall revenue. This can be attributed to the widespread use of synthetic chemicals in agriculture due to their effectiveness and low cost compared to bio-based alternatives.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Crop Protection Chemicals Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Crop Protection Chemicals Market Revenues & Volume, 2020 & 2030F |
3.3 North America Crop Protection Chemicals Market - Industry Life Cycle |
3.4 North America Crop Protection Chemicals Market - Porter's Five Forces |
3.5 North America Crop Protection Chemicals Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 North America Crop Protection Chemicals Market Revenues & Volume Share, By Origin, 2020 & 2030F |
3.7 North America Crop Protection Chemicals Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.8 North America Crop Protection Chemicals Market Revenues & Volume Share, By Form, 2020 & 2030F |
4 North America Crop Protection Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Crop Protection Chemicals Market Trends |
6 North America Crop Protection Chemicals Market, 2020 - 2030 |
6.1 North America Crop Protection Chemicals Market, Revenues & Volume, By Origin, 2020 - 2030 |
6.2 North America Crop Protection Chemicals Market, Revenues & Volume, By Type, 2020 - 2030 |
6.3 North America Crop Protection Chemicals Market, Revenues & Volume, By Application, 2020 - 2030 |
7 United States Crop Protection Chemicals Market, 2020 - 2030 |
7.1 United States Crop Protection Chemicals Market, Revenues & Volume, By Origin, 2020 - 2030 |
7.2 United States Crop Protection Chemicals Market, Revenues & Volume, By Type, 2020 - 2030 |
7.3 United States Crop Protection Chemicals Market, Revenues & Volume, By Application, 2020 - 2030 |
8 Canada Crop Protection Chemicals Market, 2020 - 2030 |
8.1 Canada Crop Protection Chemicals Market, Revenues & Volume, By Origin, 2020 - 2030 |
8.2 Canada Crop Protection Chemicals Market, Revenues & Volume, By Type, 2020 - 2030 |
8.3 Canada Crop Protection Chemicals Market, Revenues & Volume, By Application, 2020 - 2030 |
9 North America Crop Protection Chemicals Market Key Performance Indicators |
10 North America Crop Protection Chemicals Market - Opportunity Assessment |
10.1 North America Crop Protection Chemicals Market Opportunity Assessment, By Countries, 2020 & 2030F |
10.2 North America Crop Protection Chemicals Market Opportunity Assessment, By Origin, 2020 & 2030F |
10.3 North America Crop Protection Chemicals Market Opportunity Assessment, By Type, 2020 & 2030F |
10.4 North America Crop Protection Chemicals Market Opportunity Assessment, By Application, 2020 & 2030F |
11 North America Crop Protection Chemicals Market - Competitive Landscape |
11.1 North America Crop Protection Chemicals Market Revenue Share, By Companies, 2023 |
11.2 North America Crop Protection Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |