Insecticides Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Insecticides Market is segmented by Origin (Synthetic Insecticides and Bio-insecticides), Application (Grains and Cereals, Oilseed, Commercial Crops, Fruits and Vegetables, and Other Crop Types), Insect Pest Type (Sucking Pest and Biting and Chewing Pest), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers market size and forecasts in terms of value in USD million for all the above segments.

Market Snapshot

growth of market
Study Period: 2017-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: 5 %

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Market Overview

The insecticides market is projected to register a CAGR of 5.0% during the forecast period (2022-2027). Temporarily disruption in operations during the initial days of the COVID-19 lockdown resulted in the partial decline of the market. However, the operations resumed in a phased manner from the beginning of April 2020 as per instructions from government bodies across the world. Since the product falls under the essentials category, companies operating in the industry do not foresee any major impact on the business due to the pandemic.

The number of pests in different crops across the world is rising, and there is a tremendous increase in the number of insecticide-resistant pests. Insecticides can be used to control a variety of pests; however, over time, they lose their effectiveness as pests develop resistance. This results in a significant decrease in sensitivity to a pesticide, which reduces the field performance of pesticides. Reliance on insecticide-based pest management of insect pests often leads to the development of insecticide resistance. This pushes the insecticide manufacturers to invest more in their R&D activities.

The demand for professional pest management products is being driven by factors such as economic growth, urbanization, and the emergence of new pests and diseases. Consumers are increasingly looking for targeted and effective solutions with minimal environmental impact. Strict Regulations with regulations with respect to insecticides and high costs associated with molecule development may act as a barrier to the market in the years to come. However, given the profitability of the market, companies may still invest in insecticide development in the given period.

Scope of the Report

All active ingredients that are used to control insect pests, including biological insecticides and antimicrobial insecticides, have been considered within the research scope. The study also includes insecticides applied by owners or operators and commercial applicators, to farms and facilities that are involved in the production of raw agricultural commodities, fiber, mainly food and tobacco.

The insecticides market is segmented by origin (synthetic insecticides and bio-insecticides), application (grains and cereals, oilseed, commercial crops, fruits and vegetables, and other crop types), insect pest type (sucking pest and biting and chewing pest), and geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers market size and forecasts in terms of value in USD million for all the above segments.

Synthetic Insecticides
Grains and Cereals
Pulses and Oilseeds
Commercial Crops
Fruits and Vegetables
Turf and Ornmental
Insect Pest Type
Sucking Pest Insecticides
Biting and Chewing Pest Insecticides
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
South America
Rest of South America
South Africa
Rest of Africa

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Key Market Trends

Need for Increased Agricultural Productivity Amid Declining Farm Land

According to the FAO, global food demand is expected to increase from 50% to 90% by 2050, owing to the expected increase in the global population by over a third, or 2.3 billion people, between 2009 and 2050. Due to the increasing population globally, the global food production needs are likely to increase by about 70% by 2050 to meet the growing food demand. This implies that there must be a significant increase in the production of certain food commodities. For instance, the production of cereals must reach around 3 billion metric ton by 2050, an increase from nearly 2.1 billion metric ton in 2018. The increased demand for food security has impacted the insecticide market affirmatively. This can be attributed to the high productivity of farms where appropriate usage of insecticides is practiced.

Many factors, from climate change to the outbreak of pests and lack of investment, have also restricted the production of food products. The percentage of the arable land area is falling in major countries such as the United States, which indicates the need to enhance agricultural productivity to meet the population's rising demand. Thus, farmers are focusing on increasing productivity by reducing the damage caused by pests. Hence, the market for crop protection chemicals is expected to grow around the world.

global insecticides market industry1

Asia-Pacific is the Fastest-growing Market for Insecticides

The rise in the number of resistant pests, increasing food demand, and the need for increased agricultural productivity are the major factors driving the insecticide market in the Asia-Pacific region. China captures the largest share in the Asia-Pacific insecticides market. However, the use of insecticides on agricultural crops in the country has declined in recent years, as the increased use of chemical insecticides, leading to environmental degradation, is causing severe soil pollution.

Farmers are anticipated to increase production by improving productivity through the use of pesticides to control the damage caused by pests. The lack of appropriate application of insecticides, along with the adverse climatic conditions, will reduce the yield by 30.0%. With the rising awareness regarding the impact of chemical insecticides on the health of humans, the gradual shift toward the usage of eco-friendly, natural insecticides and bioinsecticides by farmers has been observed in the region.

The region is also characterized by highly evolved technological advancements, which, in conjunction with increasing investments in R&D of biological insect control products, would serve the increasing domestic demand for quality food. The aforementioned factors can be attributed to the growth of the market in the region.

Insecticide Market

Competitive Landscape

The insecticides market is consolidated, with major players holding 47.0% of the market share and others holding the remaining 53.0%. Syngenta AG, Bayer CropScience, FMC Corporation, ADAMA Agricultural Solutions Ltd, and BASF SE are the major players in the market studied. Players are likely to make efforts to make the market studied more consolidated in the future, as they have been expanding their business by adopting various strategies, such as mergers and acquisitions, expansions, partnerships, and product launches.

Recent Developments

In 2021, the Crop Science division at Bayer Vietnam launched Vayego 200SC, a new multi-insecticide and liquid formula containing tetraniliprole, an active ingredient discovered and developed by Bayer. The product works against caterpillars and addresses the diverse protection needs of modern farmers.

In March 2021, Corteva Agriscience expanded the R&D center in Germany to strengthen crop protection studies and develop insect-resistant varieties.

In February 2021, Syngenta Crop Protection collaborated with an artificial intelligence (AI) company, Insilico Medicine, to increase the invention and development of new, more effective crop protection solutions that protect crops from diseases and pests.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat from Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Origin

      1. 5.1.1 Synthetic Insecticides

      2. 5.1.2 Bio-insecticides

    2. 5.2 Application

      1. 5.2.1 Grains and Cereals

      2. 5.2.2 Pulses and Oilseeds

      3. 5.2.3 Commercial Crops

      4. 5.2.4 Fruits and Vegetables

      5. 5.2.5 Turf and Ornmental

    3. 5.3 Insect Pest Type

      1. 5.3.1 Sucking Pest Insecticides

      2. 5.3.2 Biting and Chewing Pest Insecticides

    4. 5.4 Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Spain

        5. Italy

        6. Russia

        7. Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.4.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.4.5 Africa

        1. South Africa

        2. Rest of Africa


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Adama Agricultural Solutions Ltd

      2. 6.3.2 American Vanguard Corporation

      3. 6.3.3 BASF SE

      4. 6.3.4 Bayer CropScience AG

      5. 6.3.5 Corteva Agriscience

      6. 6.3.6 FMC Corporation

      7. 6.3.7 Isagro SpA

      8. 6.3.8 NuFarm Limited

      9. 6.3.9 Syngenta AG

      10. 6.3.10 Sumitomo Chemical Co. Ltd

      11. 6.3.11 UPL Limited

    4. *List Not Exhaustive


**Subject to Availability

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Frequently Asked Questions

The Insecticides Market market is studied from 2017 - 2027.

The Insecticides Market is growing at a CAGR of 5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2021.

Syngenta International AG, Bayer CropScience AG, BASF SE, FMC Corporation, ADAMA Agricultural Solutions Ltd are the major companies operating in Insecticides Market.

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