PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605918
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605918
Asia Pacific crop protection chemicals market size is expected to reach USD 37.45 billion by 2034, according to a new study by Polaris Market Research. The report "Asia Pacific Crop Protection Chemicals Market Size, Share, Trends, Industry Analysis Report: By Type (Herbicides, Insecticides, Fungicides & Bactericides, and Others), Origin, Form, Application, Crop Type, and Country (China, Japan, India, Malaysia, Indonesia, Australia, Vietnam, South Korea, and Rest of Asia Pacific) - Market Forecast, 2025- 2034." gives a detailed insight into current market dynamics and provides analysis on future market growth.
Asia Pacific region is dealing with a substantial rise in food demand driven by its vast and rapidly expanding population. This demographic surge has significantly heightened the pressure on agricultural productivity to meet the escalating need for food supplies. To mitigate these challenges, farmers across the region are increasingly relying on crop protection chemicals. These chemicals play a pivotal role in enhancing crop yields by safeguarding plants from pests, diseases, and weeds, which are major contributors to crop losses and reduced agricultural output.
The adoption of crop protection chemicals represents a critical strategy for farmers in Asia Pacific region to boost food production and ensure food security. By effectively managing pests and diseases, these chemicals enable farmers to maintain healthy crop growth and optimize yield potential. The strategic use of crop protection chemicals emerges as an essential component in the region's agricultural landscape, helping to meet the increasing food demands of a growing population while addressing challenges posed by environmental factors and evolving agricultural practices.
Asia Pacific crop protection chemicals market is experiencing heightened concerns over pest proliferation, necessitating increased pesticide application. The region has seen significant usage of fungicides, herbicides, and insecticides, which hold a substantial share of the market. Factors such as climate change impacts and the development of resistance among pests are driving the demand for more effective pest management solutions.
The rising prices of key active ingredients underscore challenges in the market, attributed to limited supply and escalating demand for crop protection chemicals. Herbicides are gaining popularity, partly due to labor shortages impacting manual weeding practices. Governments are responding with regulatory shifts aimed at promoting the development of innovative, environmentally sustainable crop protection technologies, signaling a potential shift towards eco-friendly solutions in the future.
The cereals and grains segment leads the Asia Pacific crop protection chemicals market, driven by extensive cultivation of staple foods such as rice and wheat, particularly in India and China.
The herbicides segment emerged as the dominant in the Asia Pacific crop protection chemicals market in 2024, driven by challenges from economically damaging weeds threatening agricultural productivity and crop yields.
China dominated the market in 2024 due to its expansive agricultural sector, which is critical for ensuring food security and meeting the demands of a growing population through effective pest and weed management solutions.
Asia Pacific key market players include ADAMA Agricultural Solutions Ltd; BASF SE; Bayer AG; Corteva Agriscience; FMC Corporation; Jiangsu Yangnong Chemical Co. Ltd; Rainbow Agro; Sumitomo Chemical Co. Ltd; Syngenta Group; and UPL Limited.
Polaris Market Research has segmented the Asia Pacific crop protection chemicals market report based on type, origin, form, application, crop type, and region: