Insecticide Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Insecticide Market is segmented by Application Mode (Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment), by Crop Type (Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental) and by Region (Africa, Asia-Pacific, Europe, North America, South America). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by application mode and crop types.

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Insecticide Market Size

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Insecticide Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 36.70 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 45.56 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Application Mode Foliar
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 4.42 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region South America

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Insecticide Market Analysis

The Insecticide Market size is estimated at 36.70 billion USD in 2024, and is expected to reach 45.56 billion USD by 2029, growing at a CAGR of 4.42% during the forecast period (2024-2029).

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36.70 Billion

Market Size in 2024 (USD)

45.56 Billion

Market Size in 2029 (USD)

4.27 %

CAGR (2017-2023)

4.42 %

CAGR (2024-2029)

Largest Segment by Application Mode

55.55 %

value share, Foliar, 2023

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The foliar method ensures effective protection against widespread pest attacks. It allows precise targeting of insecticides to the foliage where many pests feed and cause damage.

Largest Segment by Crop Type

41.52 %

value share, Grains & Cereals, 2023

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The most important grains and cereals grown globally are wheat, rice, maize, barley, rye, and sorghum, which can be affected by various pests that may hurt yields.

Largest Segment By Region

45.99 %

value share, South America, 2023

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The insecticide market in South America is witnessing significant expansion due to the need to manage insect pests and effectively minimize crop losses.

Fastest-growing Segment by Country

6.45 %

Projected CAGR, France, 2024-2029

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Insect pests are a major threat to France's agriculture as climate change in the country favors pest infestation, so farmers rely on insecticides.

Leading Market Player

9.87 %

market share, FMC Corporation, 2022

Icon image

FMC Corporation and UPL Ltd have formed a strategic partnership to expand growers' access to Rynaxypyr active and the manufacturing capacity for this vital molecule.

The rising pest pressure and the need to protect crops from damaging insects are driving the demand for insecticides

  • Insecticide use is increasing through different application modes to protect crops from insect pests. In 2022, the foliar segment held the major share, accounting for 4.4% of the overall insecticide market. This could be attributed to increasing pest pressure and its effectiveness in controlling insects, rapid action, and targeted control.
  • In terms of value, the seed treatment method in the global insecticide market is expected to record a CAGR of 4.6% between 2023 and 2029. This method is being majorly adopted because it protects against many pests that attack seeds or seedlings, such as aphids, thrips, wireworms, and beetles, at the very beginning of a crop's life cycle.
  • Soil treatment in the insecticide market is expected to record a 4.3% CAGR between 2023 and 2029. The main pests affecting the root growth of economically significant crops such as wheat, soybean, oil palm, cocoa, and coffee are slugs, wireworms, fungi gnats, and soil mealybugs. Therefore, to protect crops from these pests, the demand for insecticides in terms of soil treatment is expected to increase.
  • Farmers are becoming more and more aware of the chemigation method. By combining insecticide application with irrigation, farmers can save time and labor, making it a convenient choice for farmers managing large-scale agricultural operations. Due to these factors, the insecticide market value in this application mode is projected to record a 3.8% CAGR during the forecast period (2023-2029).
  • The global insecticide market in these application methods is expected to witness significant growth and is projected to record a 4.4% CAGR from 2023 to 2029.
Global Insecticide Market

The expansion of cropland areas with changes in climate conditions is contributing to the growth of the market

  • The increase in global population and the need for higher food production have led to the expansion of agricultural production, which, in turn, boosted the demand for insecticides to protect the crops from damaging pests. During the historical period (2017-2022), the insecticide market grew by USD 6,142.1 million.
  • South America was one of the major regions in agriculture production, with a 4.7% market value in 2022. The vast production of soybeans, corn, sugarcane, and other crops creates a significant demand for insecticides to manage pests effectively. The rise of infestation of insects such as southern armyworm (Spodoptera eridania) has driven the growth of the market.
  • Asia-Pacific holds the second-largest insecticide market value share, and the market is anticipated to grow fastest in the region, registering a CAGR of 4.8% during the forecast period (2023-2029). Insect pests that could damage crops are spreading due to the changing climate. Consequently, the demand for insecticides is expected to rise as they are efficient tools for addressing these pests and ensuring crop productivity.
  • North America is projected to register a CAGR of 4.8% during the forecast period (2023-2029). The need to protect the crops, coupled with the introduction or spread of invasive pests, could lead to increased demand for insecticides to manage and control these new threats.
  • However, Europe and Africa have a substantial agricultural sector and play a vital role in the global insecticide market. These regions are projected to register CAGRs of 4.1% and 3.3%, respectively, during the period.
  • The global insecticide market is projected to register a CAGR of 4.6% during 2023-2029. The rapidly expanding agriculture sector with a changing climate is driving the growth of the market.

Global Insecticide Market Trends

Increased pest proliferation due to global warming is increasing the usage of insecticides

  • The average global consumption of chemical insecticides is 918.7 g per hectare of agricultural land. It has been increasing over the years owing to factors like the intensification of agriculture, increasing pest populations, and the need for higher yield and crop productivity to ensure global food security. According to the data provided by the Food and Agriculture Organization, 40% of global crop production is lost to pests annually, resulting in an average economic loss of around USD 70.0 billion.
  • Europe witnessed higher insecticide applications compared to other regions of the world, with Germany having a higher per-hectare consumption of 3,028.0 g, which may be attributed to its highly intensive agricultural practices, with a significant focus on maximizing crop yields. Intensive agriculture often involves the use of higher inputs, including insecticides, to manage pests and ensure optimal crop production. Europe is followed by Asia-Pacific, with an average insecticide application of 975.1 g per hectare.
  • Among the North American countries, the United States witnessed the largest consumption of insecticides per hectare, with 791.7 g in 2022, attributed to the large area under the cultivation of crops and increased exposure to insect pest infestations due to constantly changing climatic conditions.
  • Changing climatic conditions due to global warming have created favorable conditions for certain pests, resulting in severe outbreaks. For instance, a locust outbreak in 2020 severely affected 23 countries, i.e., nine in East Africa, 11 in North Africa and the Middle East, and three in South Asia, causing an estimated loss of USD 8.5 billion. These circumstances necessitate farmers to use higher amounts of insecticides in agriculture.
Global Insecticide Market

Imidacloprid is the most affordable insecticide with a broad spectrum of activity

  • Lambda-cyhalothrin belongs to the class of pyrethroid insecticides, which are synthetic chemicals modeled after natural pyrethrins found in chrysanthemum flowers. Lambda-cyhalothrin is used to control pests such as aphids, thrips, leafhoppers, whiteflies, and various caterpillar species in crops like cotton, corn, soybean, vegetables, and fruits. This active ingredient acts as a neurotoxin, targeting the nervous system of insects. It disrupts the normal functioning of nerve cells, leading to paralysis and, ultimately, the death of the pests. In 2022, it was priced at USD 22.7 thousand per metric ton.
  • Cypermethrin is a non-synthetic pyrethroid used to control flea beetles, boxelder bugs, cockroaches, termites, ladybugs, scorpions, and yellow jackets. It was priced at USD 21.0 thousand in 2022. Brazil ranks among the top three importers of cypermethrin globally, with the European Union being a major exporter to Brazil under the EU-Mercosur deal.
  • Emamectin benzoate is an insecticide belonging to the chemical class of avermectins. It kills the pests by targeting the nervous system. It binds to specific receptors in nerve cells, leading to paralysis and the eventual death of the pests. Emamectin benzoate is majorly used in European countries to control various insect pests in agriculture. It was priced at USD 17.3 thousand per metric ton.
  • Imidacloprid is a neonicotinoid insecticide used to effectively manage various pests, including aphids, leafhoppers, whiteflies, thrips, and certain beetle species. This active ingredient was priced at USD 17.17 thousand per metric ton in 2022. Malathion is the most affordable chemical among the insecticides. It was valued at USD 12.5 thousand per metric ton in 2022.
Global Insecticide Market

Insecticide Industry Overview

The Insecticide Market is fragmented, with the top five companies occupying 30.73%. The major players in this market are ADAMA Agricultural Solutions Ltd., Bayer AG, Corteva Agriscience, FMC Corporation and Syngenta Group (sorted alphabetically).

Insecticide Market Leaders

  1. ADAMA Agricultural Solutions Ltd.

  2. Bayer AG

  3. Corteva Agriscience

  4. FMC Corporation

  5. Syngenta Group

Insecticide Market Concentration

Other important companies include BASF SE, Jiangsu Yangnong Chemical Co. Ltd, Nufarm Ltd, Sumitomo Chemical Co. Ltd, UPL Limited.

*Disclaimer: Major Players sorted in alphabetical order.

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Insecticide Market News

  • January 2023: Bayer formed a new partnership with Oerth Bio to enhance crop protection technology and create more eco-friendly crop protection solutions.
  • September 2022: FMC launched Talstar Plus Insecticide to protect Indian farmers of groundnut, cotton, and sugarcane crops from sucking and chewing pests.
  • September 2022: FMC India launched Corprima, an insecticide that combines the company's Rynaxypyr insect control technology to provide crop protection against fruit borers, a major problem for Indian farmers.

Free with this Report

Along with the report, We also offer a comprehensive and exhaustive data pack with 50+ graphs on insecticide, fungicides, and herbicides consumption per hectare and the average price of active ingredients used in insecticides, fungicides, herbicides, nematicides, and molluscicides. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.

Global Insecticide Market
Global Insecticide Market
Global Insecticide Market
Global Insecticide Market

Insecticide Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Consumption Of Pesticide Per Hectare

    2. 2.2. Pricing Analysis For Active Ingredients

    3. 2.3. Regulatory Framework

      1. 2.3.1. Argentina

      2. 2.3.2. Australia

      3. 2.3.3. Brazil

      4. 2.3.4. Canada

      5. 2.3.5. Chile

      6. 2.3.6. China

      7. 2.3.7. France

      8. 2.3.8. Germany

      9. 2.3.9. India

      10. 2.3.10. Indonesia

      11. 2.3.11. Italy

      12. 2.3.12. Japan

      13. 2.3.13. Mexico

      14. 2.3.14. Myanmar

      15. 2.3.15. Netherlands

      16. 2.3.16. Pakistan

      17. 2.3.17. Philippines

      18. 2.3.18. Russia

      19. 2.3.19. South Africa

      20. 2.3.20. Spain

      21. 2.3.21. Thailand

      22. 2.3.22. Ukraine

      23. 2.3.23. United Kingdom

      24. 2.3.24. United States

      25. 2.3.25. Vietnam

    4. 2.4. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Application Mode

      1. 3.1.1. Chemigation

      2. 3.1.2. Foliar

      3. 3.1.3. Fumigation

      4. 3.1.4. Seed Treatment

      5. 3.1.5. Soil Treatment

    2. 3.2. Crop Type

      1. 3.2.1. Commercial Crops

      2. 3.2.2. Fruits & Vegetables

      3. 3.2.3. Grains & Cereals

      4. 3.2.4. Pulses & Oilseeds

      5. 3.2.5. Turf & Ornamental

    3. 3.3. Region

      1. 3.3.1. Africa

        1. 3.3.1.1. By Country

          1. 3.3.1.1.1. South Africa

          2. 3.3.1.1.2. Rest of Africa

      2. 3.3.2. Asia-Pacific

        1. 3.3.2.1. By Country

          1. 3.3.2.1.1. Australia

          2. 3.3.2.1.2. China

          3. 3.3.2.1.3. India

          4. 3.3.2.1.4. Indonesia

          5. 3.3.2.1.5. Japan

          6. 3.3.2.1.6. Myanmar

          7. 3.3.2.1.7. Pakistan

          8. 3.3.2.1.8. Philippines

          9. 3.3.2.1.9. Thailand

          10. 3.3.2.1.10. Vietnam

          11. 3.3.2.1.11. Rest of Asia-Pacific

      3. 3.3.3. Europe

        1. 3.3.3.1. By Country

          1. 3.3.3.1.1. France

          2. 3.3.3.1.2. Germany

          3. 3.3.3.1.3. Italy

          4. 3.3.3.1.4. Netherlands

          5. 3.3.3.1.5. Russia

          6. 3.3.3.1.6. Spain

          7. 3.3.3.1.7. Ukraine

          8. 3.3.3.1.8. United Kingdom

          9. 3.3.3.1.9. Rest of Europe

      4. 3.3.4. North America

        1. 3.3.4.1. By Country

          1. 3.3.4.1.1. Canada

          2. 3.3.4.1.2. Mexico

          3. 3.3.4.1.3. United States

          4. 3.3.4.1.4. Rest of North America

      5. 3.3.5. South America

        1. 3.3.5.1. By Country

          1. 3.3.5.1.1. Argentina

          2. 3.3.5.1.2. Brazil

          3. 3.3.5.1.3. Chile

          4. 3.3.5.1.4. Rest of South America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)

      1. 4.4.1. ADAMA Agricultural Solutions Ltd.

      2. 4.4.2. BASF SE

      3. 4.4.3. Bayer AG

      4. 4.4.4. Corteva Agriscience

      5. 4.4.5. FMC Corporation

      6. 4.4.6. Jiangsu Yangnong Chemical Co. Ltd

      7. 4.4.7. Nufarm Ltd

      8. 4.4.8. Sumitomo Chemical Co. Ltd

      9. 4.4.9. Syngenta Group

      10. 4.4.10. UPL Limited

  7. 5. KEY STRATEGIC QUESTIONS FOR CROP PROTECTION CHEMICALS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. INSECTICIDE CONSUMPTION PER HECTARE, GRAMS, GLOBAL, 2017 - 2022
  1. Figure 2:  
  2. ACTIVE INGREDIENT PRICE PER METRIC TON, USD, GLOBAL, 2017 - 2022
  1. Figure 3:  
  2. INSECTICIDE VOLUME METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 4:  
  2. INSECTICIDE VALUE USD, GLOBAL, 2017 - 2029
  1. Figure 5:  
  2. INSECTICIDE MARKET BY APPLICATION MODE, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 6:  
  2. INSECTICIDE MARKET BY APPLICATION MODE, USD, GLOBAL, 2017 - 2029
  1. Figure 7:  
  2. VALUE SHARE OF INSECTICIDE BY APPLICATION MODE, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 8:  
  2. VOLUME SHARE OF INSECTICIDE BY APPLICATION MODE, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 9:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 10:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, USD, GLOBAL, 2017 - 2029
  1. Figure 11:  
  2. VALUE SHARE OF CHEMIGATION BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 12:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 13:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, USD, GLOBAL, 2017 - 2029
  1. Figure 14:  
  2. VALUE SHARE OF FOLIAR BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 15:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 16:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, USD, GLOBAL, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF FUMIGATION BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 18:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 19:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, USD, GLOBAL, 2017 - 2029
  1. Figure 20:  
  2. VALUE SHARE OF SEED TREATMENT BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 21:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 22:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, USD, GLOBAL, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF SOIL TREATMENT BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 24:  
  2. INSECTICIDE MARKET BY CROP TYPE, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 25:  
  2. INSECTICIDE MARKET BY CROP TYPE, USD, GLOBAL, 2017 - 2029
  1. Figure 26:  
  2. VALUE SHARE OF INSECTICIDE BY CROP TYPE, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 27:  
  2. VOLUME SHARE OF INSECTICIDE BY CROP TYPE, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 28:  
  2. INSECTICIDE CONSUMED BY COMMERCIAL CROPS, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 29:  
  2. INSECTICIDE CONSUMED BY COMMERCIAL CROPS, USD, GLOBAL, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF COMMERCIAL CROPS BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
  1. Figure 31:  
  2. INSECTICIDE CONSUMED BY FRUITS & VEGETABLES, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 32:  
  2. INSECTICIDE CONSUMED BY FRUITS & VEGETABLES, USD, GLOBAL, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF FRUITS & VEGETABLES BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
  1. Figure 34:  
  2. INSECTICIDE CONSUMED BY GRAINS & CEREALS, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 35:  
  2. INSECTICIDE CONSUMED BY GRAINS & CEREALS, USD, GLOBAL, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF GRAINS & CEREALS BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
  1. Figure 37:  
  2. INSECTICIDE CONSUMED BY PULSES & OILSEEDS, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 38:  
  2. INSECTICIDE CONSUMED BY PULSES & OILSEEDS, USD, GLOBAL, 2017 - 2029
  1. Figure 39:  
  2. VALUE SHARE OF PULSES & OILSEEDS BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
  1. Figure 40:  
  2. INSECTICIDE CONSUMED BY TURF & ORNAMENTAL, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 41:  
  2. INSECTICIDE CONSUMED BY TURF & ORNAMENTAL, USD, GLOBAL, 2017 - 2029
  1. Figure 42:  
  2. VALUE SHARE OF TURF & ORNAMENTAL BY APPLICATION MODE, %, GLOBAL, 2022 VS 2029
  1. Figure 43:  
  2. INSECTICIDE MARKET BY REGION, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 44:  
  2. INSECTICIDE MARKET BY REGION, USD, GLOBAL, 2017 - 2029
  1. Figure 45:  
  2. VALUE SHARE OF INSECTICIDE BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 46:  
  2. VOLUME SHARE OF INSECTICIDE BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 47:  
  2. INSECTICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 48:  
  2. INSECTICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 50:  
  2. VOLUME SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 51:  
  2. INSECTICIDE CONSUMED BY SOUTH AFRICA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 52:  
  2. INSECTICIDE CONSUMED BY SOUTH AFRICA, USD, GLOBAL, 2017 - 2029
  1. Figure 53:  
  2. VALUE SHARE OF SOUTH AFRICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 54:  
  2. INSECTICIDE CONSUMED BY REST OF AFRICA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 55:  
  2. INSECTICIDE CONSUMED BY REST OF AFRICA, USD, GLOBAL, 2017 - 2029
  1. Figure 56:  
  2. VALUE SHARE OF REST OF AFRICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 57:  
  2. INSECTICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 58:  
  2. INSECTICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 59:  
  2. VALUE SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 60:  
  2. VOLUME SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 61:  
  2. INSECTICIDE CONSUMED BY AUSTRALIA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 62:  
  2. INSECTICIDE CONSUMED BY AUSTRALIA, USD, GLOBAL, 2017 - 2029
  1. Figure 63:  
  2. VALUE SHARE OF AUSTRALIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 64:  
  2. INSECTICIDE CONSUMED BY CHINA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 65:  
  2. INSECTICIDE CONSUMED BY CHINA, USD, GLOBAL, 2017 - 2029
  1. Figure 66:  
  2. VALUE SHARE OF CHINA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 67:  
  2. INSECTICIDE CONSUMED BY INDIA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 68:  
  2. INSECTICIDE CONSUMED BY INDIA, USD, GLOBAL, 2017 - 2029
  1. Figure 69:  
  2. VALUE SHARE OF INDIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 70:  
  2. INSECTICIDE CONSUMED BY INDONESIA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 71:  
  2. INSECTICIDE CONSUMED BY INDONESIA, USD, GLOBAL, 2017 - 2029
  1. Figure 72:  
  2. VALUE SHARE OF INDONESIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 73:  
  2. INSECTICIDE CONSUMED BY JAPAN, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 74:  
  2. INSECTICIDE CONSUMED BY JAPAN, USD, GLOBAL, 2017 - 2029
  1. Figure 75:  
  2. VALUE SHARE OF JAPAN BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 76:  
  2. INSECTICIDE CONSUMED BY MYANMAR, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 77:  
  2. INSECTICIDE CONSUMED BY MYANMAR, USD, GLOBAL, 2017 - 2029
  1. Figure 78:  
  2. VALUE SHARE OF MYANMAR BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 79:  
  2. INSECTICIDE CONSUMED BY PAKISTAN, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 80:  
  2. INSECTICIDE CONSUMED BY PAKISTAN, USD, GLOBAL, 2017 - 2029
  1. Figure 81:  
  2. VALUE SHARE OF PAKISTAN BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 82:  
  2. INSECTICIDE CONSUMED BY PHILIPPINES, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 83:  
  2. INSECTICIDE CONSUMED BY PHILIPPINES, USD, GLOBAL, 2017 - 2029
  1. Figure 84:  
  2. VALUE SHARE OF PHILIPPINES BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 85:  
  2. INSECTICIDE CONSUMED BY THAILAND, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 86:  
  2. INSECTICIDE CONSUMED BY THAILAND, USD, GLOBAL, 2017 - 2029
  1. Figure 87:  
  2. VALUE SHARE OF THAILAND BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 88:  
  2. INSECTICIDE CONSUMED BY VIETNAM, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 89:  
  2. INSECTICIDE CONSUMED BY VIETNAM, USD, GLOBAL, 2017 - 2029
  1. Figure 90:  
  2. VALUE SHARE OF VIETNAM BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 91:  
  2. INSECTICIDE CONSUMED BY REST OF ASIA-PACIFIC, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 92:  
  2. INSECTICIDE CONSUMED BY REST OF ASIA-PACIFIC, USD, GLOBAL, 2017 - 2029
  1. Figure 93:  
  2. VALUE SHARE OF REST OF ASIA-PACIFIC BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 94:  
  2. INSECTICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 95:  
  2. INSECTICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 96:  
  2. VALUE SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 97:  
  2. VOLUME SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 98:  
  2. INSECTICIDE CONSUMED BY FRANCE, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 99:  
  2. INSECTICIDE CONSUMED BY FRANCE, USD, GLOBAL, 2017 - 2029
  1. Figure 100:  
  2. VALUE SHARE OF FRANCE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 101:  
  2. INSECTICIDE CONSUMED BY GERMANY, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 102:  
  2. INSECTICIDE CONSUMED BY GERMANY, USD, GLOBAL, 2017 - 2029
  1. Figure 103:  
  2. VALUE SHARE OF GERMANY BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 104:  
  2. INSECTICIDE CONSUMED BY ITALY, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 105:  
  2. INSECTICIDE CONSUMED BY ITALY, USD, GLOBAL, 2017 - 2029
  1. Figure 106:  
  2. VALUE SHARE OF ITALY BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 107:  
  2. INSECTICIDE CONSUMED BY NETHERLANDS, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 108:  
  2. INSECTICIDE CONSUMED BY NETHERLANDS, USD, GLOBAL, 2017 - 2029
  1. Figure 109:  
  2. VALUE SHARE OF NETHERLANDS BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 110:  
  2. INSECTICIDE CONSUMED BY RUSSIA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 111:  
  2. INSECTICIDE CONSUMED BY RUSSIA, USD, GLOBAL, 2017 - 2029
  1. Figure 112:  
  2. VALUE SHARE OF RUSSIA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 113:  
  2. INSECTICIDE CONSUMED BY SPAIN, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 114:  
  2. INSECTICIDE CONSUMED BY SPAIN, USD, GLOBAL, 2017 - 2029
  1. Figure 115:  
  2. VALUE SHARE OF SPAIN BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 116:  
  2. INSECTICIDE CONSUMED BY UKRAINE, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 117:  
  2. INSECTICIDE CONSUMED BY UKRAINE, USD, GLOBAL, 2017 - 2029
  1. Figure 118:  
  2. VALUE SHARE OF UKRAINE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 119:  
  2. INSECTICIDE CONSUMED BY UNITED KINGDOM, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 120:  
  2. INSECTICIDE CONSUMED BY UNITED KINGDOM, USD, GLOBAL, 2017 - 2029
  1. Figure 121:  
  2. VALUE SHARE OF UNITED KINGDOM BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 122:  
  2. INSECTICIDE CONSUMED BY REST OF EUROPE, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 123:  
  2. INSECTICIDE CONSUMED BY REST OF EUROPE, USD, GLOBAL, 2017 - 2029
  1. Figure 124:  
  2. VALUE SHARE OF REST OF EUROPE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 125:  
  2. INSECTICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 126:  
  2. INSECTICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 127:  
  2. VALUE SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 128:  
  2. VOLUME SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 129:  
  2. INSECTICIDE CONSUMED BY CANADA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 130:  
  2. INSECTICIDE CONSUMED BY CANADA, USD, GLOBAL, 2017 - 2029
  1. Figure 131:  
  2. VALUE SHARE OF CANADA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 132:  
  2. INSECTICIDE CONSUMED BY MEXICO, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 133:  
  2. INSECTICIDE CONSUMED BY MEXICO, USD, GLOBAL, 2017 - 2029
  1. Figure 134:  
  2. VALUE SHARE OF MEXICO BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 135:  
  2. INSECTICIDE CONSUMED BY UNITED STATES, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 136:  
  2. INSECTICIDE CONSUMED BY UNITED STATES, USD, GLOBAL, 2017 - 2029
  1. Figure 137:  
  2. VALUE SHARE OF UNITED STATES BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 138:  
  2. INSECTICIDE CONSUMED BY REST OF NORTH AMERICA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 139:  
  2. INSECTICIDE CONSUMED BY REST OF NORTH AMERICA, USD, GLOBAL, 2017 - 2029
  1. Figure 140:  
  2. VALUE SHARE OF REST OF NORTH AMERICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 141:  
  2. INSECTICIDE MARKET BY COUNTRY, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 142:  
  2. INSECTICIDE MARKET BY COUNTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 143:  
  2. VALUE SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 144:  
  2. VOLUME SHARE OF INSECTICIDE BY COUNTRY, %, GLOBAL, 2017 VS 2023 VS 2029
  1. Figure 145:  
  2. INSECTICIDE CONSUMED BY ARGENTINA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 146:  
  2. INSECTICIDE CONSUMED BY ARGENTINA, USD, GLOBAL, 2017 - 2029
  1. Figure 147:  
  2. VALUE SHARE OF ARGENTINA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 148:  
  2. INSECTICIDE CONSUMED BY BRAZIL, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 149:  
  2. INSECTICIDE CONSUMED BY BRAZIL, USD, GLOBAL, 2017 - 2029
  1. Figure 150:  
  2. VALUE SHARE OF BRAZIL BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 151:  
  2. INSECTICIDE CONSUMED BY CHILE, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 152:  
  2. INSECTICIDE CONSUMED BY CHILE, USD, GLOBAL, 2017 - 2029
  1. Figure 153:  
  2. VALUE SHARE OF CHILE BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 154:  
  2. INSECTICIDE CONSUMED BY REST OF SOUTH AMERICA, METRIC TON, GLOBAL, 2017 - 2029
  1. Figure 155:  
  2. INSECTICIDE CONSUMED BY REST OF SOUTH AMERICA, USD, GLOBAL, 2017 - 2029
  1. Figure 156:  
  2. VALUE SHARE OF REST OF SOUTH AMERICA BY CROP TYPE, %, GLOBAL, 2022 VS 2029
  1. Figure 157:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2017-2022
  1. Figure 158:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2017-2022
  1. Figure 159:  
  2. MARKET SHARE OF MAJOR PLAYERS, %, GLOBAL 2022

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. Africa, Asia-Pacific, Europe, North America, South America are covered as segments by Region.

  • Insecticide use is increasing through different application modes to protect crops from insect pests. In 2022, the foliar segment held the major share, accounting for 4.4% of the overall insecticide market. This could be attributed to increasing pest pressure and its effectiveness in controlling insects, rapid action, and targeted control.
  • In terms of value, the seed treatment method in the global insecticide market is expected to record a CAGR of 4.6% between 2023 and 2029. This method is being majorly adopted because it protects against many pests that attack seeds or seedlings, such as aphids, thrips, wireworms, and beetles, at the very beginning of a crop's life cycle.
  • Soil treatment in the insecticide market is expected to record a 4.3% CAGR between 2023 and 2029. The main pests affecting the root growth of economically significant crops such as wheat, soybean, oil palm, cocoa, and coffee are slugs, wireworms, fungi gnats, and soil mealybugs. Therefore, to protect crops from these pests, the demand for insecticides in terms of soil treatment is expected to increase.
  • Farmers are becoming more and more aware of the chemigation method. By combining insecticide application with irrigation, farmers can save time and labor, making it a convenient choice for farmers managing large-scale agricultural operations. Due to these factors, the insecticide market value in this application mode is projected to record a 3.8% CAGR during the forecast period (2023-2029).
  • The global insecticide market in these application methods is expected to witness significant growth and is projected to record a 4.4% CAGR from 2023 to 2029.
Application Mode
Chemigation
Foliar
Fumigation
Seed Treatment
Soil Treatment
Crop Type
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
Turf & Ornamental
Region
Africa
By Country
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Myanmar
Pakistan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Netherlands
Russia
Spain
Ukraine
United Kingdom
Rest of Europe
North America
By Country
Canada
Mexico
United States
Rest of North America
South America
By Country
Argentina
Brazil
Chile
Rest of South America
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Market Definition

  • Function - Insecticides are chemicals used to control or prevent insects from damaging the crop and prevent yield loss.
  • Application Mode - Foliar, Seed Treatment, Soil Treatment, Chemigation, and Fumigation are the different type of application modes through which crop protection chemicals are applied to the crops.
  • Crop Type - This represents the consumption of crop protection chemicals by Cereals, Pulses, Oilseeds, Fruits, Vegetables, Turf, and Ornamental crops.
Keyword Definition
IWM​ Integrated weed management (IWM) is an approach to incorporate multiple weed control techniques throughout the growing season to give producers the best opportunity to control problematic weeds.​
Host​ Hosts are the plants that form relationships with beneficial microorganisms and help them colonize.​
Pathogen​ A disease-causing organism.​
Herbigation​ Herbigation is an effective method of applying herbicides through irrigation systems.​
Maximum residue levels (MRL)​ Maximum Residue Limit (MRL) is the maximum allowed limit of pesticide residue in food or feed obtained from plants and animals.
IoT​ The Internet of Things (IoT) is a network of interconnected devices that connect and exchange data with other IoT devices and the cloud.​
Herbicide-tolerant varieties (HTVs)​ Herbicide-tolerant varieties are plant species that have been genetically engineered to be resistant to herbicides used on crops.​
Chemigation​ Chemigation is a method of applying pesticides to crops through an irrigation system.​
Crop Protection​ Crop protection is a method of protecting crop yields from different pests, including insects, weeds, plant diseases, and others that cause damage to agricultural crops.​
Seed Treatment​ Seed treatment helps to disinfect seeds or seedlings from seed-borne or soil-borne pests. Crop protection chemicals, such as fungicides, insecticides, or nematicides, are commonly used for seed treatment.
Fumigation​ Fumigation is the application of crop protection chemicals in gaseous form to control pests.
Bait ​A bait is a food or other material used to lure a pest and kill it through various methods, including poisoning.
Contact Fungicide​ Contact pesticides prevent crop contamination and combat fungal pathogens.​ They act on pests (fungi) only when they come in contact with the pests.
Systemic Fungicide​ A systemic fungicide is a compound taken up by a plant and then translocated within the plant, thus protecting the plant from attack by pathogens.​
Mass Drug Administration (MDA)​ Mass drug administration is the strategy to control or eliminate many neglected tropical diseases​.
Mollusks​ Mollusks are pests that feed on crops, causing crop damage and yield loss. Mollusks include octopi, squid, snails, and slugs.
Pre-emergence Herbicide​ Preemergence herbicides are a form of chemical weed control that prevents germinated weed seedlings from becoming established.​
Post-emergence Herbicide​ Postemergence herbicides are applied to the agricultural field to control weeds after emergence (germination) of seeds or seedlings.​
Active Ingredients​ Active ingredients are the chemicals in pesticide products that kill, control, or repel pests.​
United States Department of Agriculture (USDA)​ The Department of Agriculture provides leadership on food, agriculture, natural resources, and related issues​.
Weed Science Society of America (WSSA) ​ The WSSA, a non-profit professional society, promotes research, education, and extension outreach activities related to weeds​.
Suspension concentrate​ Suspension concentrate (SC) is one of the formulations of crop protection chemicals with solid active ingredients dispersed in water.​
Wettable powder​ A wettable powder (WP) is a powder formulation that forms a suspension when mixed with water prior to spraying. ​
Emulsifiable concentrate ​ Emulsifiable concentrate (EC) is a concentrated liquid formulation of pesticide that needs to be diluted with water to create a spray solution.​
Plant-parasitic nematodes ​ Parasitic Nematodes feed on the roots of crops, causing damage to the roots. These damages allow for easy plant infestation by soil-borne pathogens, which results in crop or yield loss.
Australian Weeds Strategy (AWS)​ The Australian Weeds Strategy, owned by the Environment and Invasives Committee, provides national guidance on weed management.​
Weed Science Society of Japan (WSSJ) ​ WSSJ aims to contribute to the prevention of weed damage and the utilization of weed value by providing the chance for research presentation and information exchange.​
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Insecticide Market Research FAQs

The Global Insecticide Market size is expected to reach USD 36.70 billion in 2024 and grow at a CAGR of 4.42% to reach USD 45.56 billion by 2029.

In 2024, the Global Insecticide Market size is expected to reach USD 36.70 billion.

ADAMA Agricultural Solutions Ltd., Bayer AG, Corteva Agriscience, FMC Corporation and Syngenta Group are the major companies operating in the Global Insecticide Market.

In the Global Insecticide Market, the Foliar segment accounts for the largest share by application mode.

In 2024, South America accounts for the largest share by region in the Global Insecticide Market.

In 2023, the Global Insecticide Market size was estimated at 36.70 billion. The report covers the Global Insecticide Market historical market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. The report also forecasts the Global Insecticide Market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023.

Insecticides Industry Report

Statistics for the 2023 Insecticide market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Insecticide analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Insecticide Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029