BRICS Crop Protection Chemical Market Size, Share, and Growth Analysis, By Use (Herbicides, Insecticides), By Source (Natural, Synthetic), By Crop Type, By Application, By Form - Industry Forecast 2025-2032

BRICS Crop Protection Chemical Market size was valued at USD 30.2 billion in 2023 and is poised to grow from USD 32.13 billion in 2024 to USD 52.78 billion by 2032, growing at a CAGR of 6.4% during the forecast period (2025-2032).

The crop protection chemicals market is gaining significance as the global population rises, intensifying the demand for agricultural productivity and food security. Farmers are increasingly reliant on these products due to shrinking arable land and escalating crop losses attributed to pests and diseases. Crop protection chemicals, particularly pesticides, play a vital role in mitigating yield losses and ensuring effective crop management. Currently, approximately 800 active ingredients are registered globally for crop protection purposes, reflecting the sector's expansion. Key market drivers include the urgent need to enhance agricultural output, secure food supplies, and address pest-related challenges. As these factors converge, the crop protection chemicals market is positioned for sustainable growth in response to global agricultural demands.

Top-down and bottom-up approaches were used to estimate and validate the size of the BRICS Crop Protection Chemical market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

BRICS Crop Protection Chemical Market Segments Analysis

BRICS Crop Protection Chemical Market is segmented by Use, Source, Crop Type, Application, Form and Country. Based on Use, the market is segmented into Herbicides, Insecticides and Fungicides. Based on Source, the market is segmented into Natural and Synthetic. Based on Crop Type, the market is segmented into Cereal and Grains, Oilseed and Pulses and Fruits and Vegetables. Based on Application, the market is segmented into Spraying, Dusting, Seed Treatment, Soil Treatment, Volatilization and Others. Based on Form, the market is segmented into Solid and Liquid. Based on Country, the market is segmented into Brazil, Russia, India, China, and South Africa.

Driver of the BRICS Crop Protection Chemical Market

The BRICS Crop Protection Chemical market is primarily driven by the significant utilization of crop protection chemicals in contemporary agriculture, which play a crucial role in enhancing crop yields by combating pests and weeds. As the global population continues to rise, the demand for increased food production becomes essential for ensuring food security. Major consumers of these protective products include Brazil, China, and the United States, as reported by the Food and Agriculture Organization. The widespread application of pesticides and herbicides is a key factor contributing to the growing crop yields, thereby propelling the market in these emerging economies.

Restraints in the BRICS Crop Protection Chemical Market

The growth of the BRICS crop protection chemical market is significantly hindered by the escalating resistance of pests to specific chemicals. This resistance has escalated due to a notable decline in the effectiveness of various active ingredients. Factors contributing to this resistance include alterations in the metabolic processes of insects, heightened reproductive rates, and the broader dissemination of pest populations. As pests adapt and develop resilience against these protection chemicals, the market faces challenges in maintaining efficacy, thereby affecting its overall expansion and posing a substantial constraint on future developments within the sector.

Market Trends of the BRICS Crop Protection Chemical Market

As of October 2023, the BRICS Crop Protection Chemical market is witnessing a notable upward trend driven by heightened agricultural productivity demands and increasing pest challenges. With nearly 40% of global crops subjected to destruction from pests and diseases annually, the reliance on crop protection chemicals is surging. The global pesticide usage has seen an increase of 4.2 million tons since 2000, reflecting a robust market expansion. Significant investments targeting agricultural innovation and technology are spurring the development of new, effective products, alongside advanced farming techniques. This momentum is set to enhance crop yields and secure food supply chains across the BRICS nations.