Market Size of north america crop protection chemicals Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 24.51 Billion |
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Market Size (2029) | USD 31.00 Billion |
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Largest Share by Function | Herbicide |
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CAGR (2024 - 2029) | 4.81 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Crop Protection Chemicals Market Analysis
The North America Crop Protection Chemicals Market size is estimated at 24.51 billion USD in 2024, and is expected to reach 31.00 billion USD by 2029, growing at a CAGR of 4.81% during the forecast period (2024-2029).
24.51 Billion
Market Size in 2024 (USD)
31.00 Billion
Market Size in 2029 (USD)
5.95 %
CAGR (2017-2023)
4.81 %
CAGR (2024-2029)
Largest Segment By Function
52.06 %
value share, Herbicide, 2023
The rise in weed infestations in major crops has greatly impacted the increasing domestic and international demand driving the herbicide market.
Fastest-growing Segment by Function
5.05 %
Projected CAGR, Herbicide, 2024-2029
The rise in weed infestations in major crops has greatly impacted the increasing domestic and international demand driving the herbicide market.
Largest Segment by Crop Type
44.22 %
value share, Grains & Cereals, 2023
North America's various climate zones provide favorable conditions for a wide range of grain and cereal crops like wheat, maize, barley, oats, and sorghum.
Largest Segment by Country
83.27 %
value share, United States, 2023
Increased concerns for food security have facilitated farmers' efficient and sustainable food production while minimizing pests' impact on the market.
Leading Market Player
25.06 %
market share, Bayer AG, 2022
Bayer has partnered with Oerth Bio with an aim to develop next-generation crop protection products based on Oerth Bio's innovative protein degradation technology.
There is a dominance of herbicides in the market
- Agriculture plays a vital role in all the countries that encompass North America, as it contributes significantly to the country's GDP. The region's diverse climate and fertile land enable the cultivation of various crops, including wheat, corn, soybean, canola, and various fruits and vegetables. However, infestation of various diseases and insects on the crops has become a growing concern to the farmers. The adoption of various pest control practices has been considered an effective solution. North America occupied the second-highest share of 26.2% by value of the overall crop protection chemicals market in 2022.
- Weed attacks on crops are the most common across the region. Catchweed bedstraw, field bindweed, and horsetail are some common weeds that are considered crop-devastating. With the growing demand for maize and wheat domestically as well as internationally, the management of weeds has become imperative. This, in turn, has increased the demand for herbicides, which occupied the highest share of 52.5% by value in 2022.
- Pest infestation in oilseed and ornamental crops poses a major threat to agricultural productivity in the region. The common insect species are the bean leaf beetle, grape colaspis, leafhopper, and aphid. The optimum solution is to apply neonicotinoid pesticides on seeds directly, and application of imidacloprid or thiamethoxam. The insecticide market occupied the second-highest share of 34.0% by value in 2022.
- Increased concerns for food security and various developments have facilitated efficient methods of cultivation minimizing the impact of pests on their crops. This has driven the market, which is anticipated to register a CAGR of 4.8% during the forecast period (2023-2029).
Understand The Key Trends Shaping This Market
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The United States dominated the market due to the increased demand to protect crops from pests and diseases
- North America is diverse in terms of agriculture, as a wide range of crops are cultivated across different countries. The region's diverse climate and fertile land enable the cultivation of crops such as wheat, corn, soybean, canola, and various fruits and vegetables. The region occupied the second-highest share of 24.6% by value of the overall crop protection chemicals market value in 2022.
- The United States occupied the highest share of 82.4% by value in 2022. Agriculture in the United States is highly diverse, and a wide range of crops, such as wheat, maize, and soybean, are grown in the region. It is a major producer and exporter of wheat and corn. However, yield losses due to weeds and pests are a major threat to the production and the economic well-being of farmers in the country. In 2022, herbicides occupied the highest share of 53.3% in the country.
- At the same time, Canada and Mexico occupied shares of 7.8% and 5.1% by value in 2022. Pulse production in Canada has grown rapidly in recent years, where farmers seed an average of 3.5 million hectares of pulses per year. Similarly, Canada's total oilseed production rose by approximately 6% from the previous year, mainly due to the increased plantation area of Canola and yield recovery in 2021. The high yields are attributed to proper pest management practices adopted in the country.
- The market is anticipated to witness a CAGR of 4.8% during the forecast period 2023-2029, mainly due to increasing pest and disease infestation in major crop-producing countries of the region and the subsequent awareness of farmers about crop protection and better management practices for effective pest control.
