Vietnam Crop Protection Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Vietnam Crop Protection Chemicals Market is segmented by Function (Fungicide, Herbicide, Insecticide, Molluscicide, Nematicide), by Application Mode (Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment) and by Crop Type (Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental). 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 function, application mode, and crop types.

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Vietnam Crop Protection Chemicals Market Size

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Vietnam Crop Protection Chemicals Market Summary
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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 558.74 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 682.95 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Function Fungicide
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 4.10 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Function Molluscicide

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Vietnam Crop Protection Chemicals Market Analysis

The Vietnam Crop Protection Chemicals Market size is estimated at 558.74 million USD in 2024, and is expected to reach 682.95 million USD by 2029, growing at a CAGR of 4.10% during the forecast period (2024-2029).

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558.74 Million

Market Size in 2024 (USD)

682.95 Million

Market Size in 2029 (USD)

-2.85 %

CAGR (2017-2023)

4.10 %

CAGR (2024-2029)

Largest Segment By Function

38.18 %

value share, Fungicide, 2023

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The fungicide market in Vietnam is currently witnessing growth, influenced by factors such as the heavy reliance on fungicides to protect crops from fungal diseases.

Fastest-growing Segment by Function

6.81 %

Projected CAGR, Molluscicide, 2024-2029

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In 2019, 33 molluscicides were authorized for use in Vietnam. The most commonly used molluscicides include Niclosamide and Metaldehyde.

Largest Segment by Crop Type

64.71 %

value share, Grains & Cereals, 2023

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Grains and cereals face numerous challenges, particularly pests and diseases. To address these challenges, farmers heavily rely on crop protection chemical products.

Leading Market Player

26.14 %

market share, UPL limited, 2022

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UPL entered into a long-term agreement with FMC under which FMC grants access to its insecticide active ingredient (rysynazypyr) for use in UPL's product formulations.

Second Leading Market Player

23.20 %

market share, Syngenta Group, 2022

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Syngenta launched Victrato, a new seed treatment chemical to fight harmful nematodes and illnesses that affect various crops, including soybean, corn, cereal, cotton, and rice.

The demand for pesticides is driven by the need for effective control of pests and diseases

  • The market for crop protection chemicals in Vietnam was valued at USD 519.4 million in 2022. The country is a significant producer and exporter of diverse agricultural commodities.
  • In 2022, fungicides dominated the market with a share of 38.2% of the Vietnamese crop protection chemicals market. Farmers in the country rely on fungicides to protect crops from fungal diseases and ensure optimal yields. The market is driven by the cultivation of major crops such as grains, cereals, pulses, oilseeds, fruits, and vegetables, which are susceptible to fungal infections like rust, Fusarium wilt, root rot, powdery mildew, and common blight. Insecticides and herbicides held shares of 32.9% and 21.5% in 2022.
  • Nematode infestations pose a threat to crops like rice, coffee, vegetables, and fruit orchards. Rice, which covers 80% of cultivated land, suffers annual yield losses of up to 10-20%, increasing the need for nematicide application. Such factors may lead to the growth of this segment.
  • The growth of the crop protection chemicals market in Vietnam is closely linked to the ongoing agricultural development and the expansion of commercial crop cultivation in the country. Vietnam has witnessed significant progress in the agricultural sector, particularly in crops like natural rubber, for which it ranks as the third-largest global producer.
  • The harvested area for natural rubber experienced a notable increase of 9.1% from 2018, reaching 752.1 thousand hectares in 2022. As the agricultural sector continues to expand, there will be a corresponding increase in the demand for various crop protection chemicals to safeguard crops and enhance yields. Thus, the market is expected to record a CAGR of 4.0% during the forecast period (2023-2029).
Vietnam Crop Protection Chemicals Market

Vietnam Crop Protection Chemicals Market Trends

Due to climate change, pest infestations have been increasing in the country, driving the crop protection chemicals market

  • Vietnam's agricultural sector holds great importance in the country's economy. However, the sector encounters notable difficulties in the form of weeds, insect pests, and fungal diseases, leading to substantial crop losses each year. To combat these challenges, the country used an average of 1.1 kilograms of crop protection chemicals per hectare of agricultural land in 2022.
  • In Vietnam, fungicides have become the dominant type of chemical pesticide, being extensively used in the agricultural sector. The average consumption of fungicides per hectare of agricultural land in the country was 0.6 kilograms in 2022. Factors such as shifting climate conditions have played a role in the increased reliance on fungicides in Vietnam. The prevalence of fungal diseases poses a significant threat to various crop varieties, causing significant yield losses and compromising the overall quality of harvested crops. As a result, Vietnamese farmers heavily depend on fungicides to control and effectively manage these diseases.
  • In Vietnam, herbicides hold the second position in terms of pesticide consumption. In 2022, the average amount of herbicides applied per hectare was 0.2 kilograms. However, the adoption of herbicide-tolerant crops, including genetically modified varieties, and the need to control weeds and minimize yield losses lead to higher application rates and the use of multiple herbicides.
  • The presence of insects is growing due to shifting weather patterns and rising insect populations that have developed resistance. Both these factors have driven the demand for insecticides to combat the growing pest issues. In 2022, insecticides ranked as the third most consumed type of pesticide in Vietnam, with an average application rate of 0.2 kilograms per hectare.
Vietnam Crop Protection Chemicals Market

Vietnam is an import-dependent country for crop protection chemicals' active ingredients, as there are limited companies producing active ingredients for pesticides

  • Vietnam is an import-dependent country for crop protection chemicals' active ingredients, as there are limited companies producing active ingredients for pesticides. In 2018, a flood in the country disrupted supply chains, both domestically and internationally. As a result, transportation routes were affected, leading to increased demand and a limited supply of active ingredients. As a result, the prices of active ingredients increased in 2018.
  • Cypermethrin is a synthetic pyrethroid insecticide, which was valued at USD 21.1 thousand per metric ton in 2022. It controls a wide range of lepidoptera, coleoptera, diptera, and hemipteran pests that affect cereals and pulses in Vietnam. Similarly, imidacloprid is a systemic insecticide, which was valued at USD 17.2 thousand per metric ton in 2022. It is used to control sucking and chewing insects in various crops.
  • Azoxystrobin is a broad-spectrum fungicide that is active against fungal pathogens, including oomycetes, ascomycetes, deuteromycetes, and basidiomycetes. Owing to the increase in infestation of fungi like Fusarium and Trichoderma, the price of azoxystrobin increased from USD 4.0 thousand per metric ton in 2017 to USD 4.6 thousand per metric ton in 2022.
  • Pendimethalin is a selective pre-emergence herbicide, which was valued at USD 3.3 thousand per metric ton in 2022. It provides broad-spectrum control of annual grasses and broadleaf weeds in potato, tobacco, sorghum, rice, and sugarcane. Vietnam imported around 3.0 thousand metric ton of pendimethalin from India in 2022.
  • An increase in pest infestations and diseases and the dependence on imports for the active ingredients of crop protection chemicals in the country may influence the prices of these active ingredients.
Vietnam Crop Protection Chemicals Market

Vietnam Crop Protection Chemicals Industry Overview

The Vietnam Crop Protection Chemicals Market is fairly consolidated, with the top five companies occupying 83.39%. The major players in this market are Bayer AG, FMC Corporation, Nufarm Ltd, Syngenta Group and UPL limited (sorted alphabetically).

Vietnam Crop Protection Chemicals Market Leaders

  1. Bayer AG

  2. FMC Corporation

  3. Nufarm Ltd

  4. Syngenta Group

  5. UPL limited

Vietnam Crop Protection Chemicals Market Concentration

Other important companies include ADAMA Agricultural Solutions Ltd, BASF SE, Corteva Agriscience, Wynca Group (Wynca Chemicals).

*Disclaimer: Major Players sorted in alphabetical order.

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Vietnam Crop Protection Chemicals 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.
  • August 2022: BASF and Corteva Agriscience collaborated to provide soybean farmers with the weed control of the future. By working together, BASF and Corteva aim to satisfy farmers' demand for specialized weed control solutions that are distinct from those that are currently available or being developed.
  • May 2022: UPL partnered with Bayer for Spirotetramat insecticide to develop new pest management solutions. Through this long-term global data access and supply agreement with Bayer, specifically for addressing farmer demands regarding resistance management and difficult-to-control sucking pests, UPL will develop, register, and distribute new unique solutions, including Spirotetramat, using its experience in insecticides and worldwide research and development network.

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.

Vietnam Crop Protection Chemicals Market
Vietnam Crop Protection Chemicals Market
Vietnam Crop Protection Chemicals Market
Vietnam Crop Protection Chemicals Market

Vietnam Crop Protection Chemicals 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. 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. Function

      1. 3.1.1. Fungicide

      2. 3.1.2. Herbicide

      3. 3.1.3. Insecticide

      4. 3.1.4. Molluscicide

      5. 3.1.5. Nematicide

    2. 3.2. Application Mode

      1. 3.2.1. Chemigation

      2. 3.2.2. Foliar

      3. 3.2.3. Fumigation

      4. 3.2.4. Seed Treatment

      5. 3.2.5. Soil Treatment

    3. 3.3. Crop Type

      1. 3.3.1. Commercial Crops

      2. 3.3.2. Fruits & Vegetables

      3. 3.3.3. Grains & Cereals

      4. 3.3.4. Pulses & Oilseeds

      5. 3.3.5. Turf & Ornamental

  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. Nufarm Ltd

      7. 4.4.7. Syngenta Group

      8. 4.4.8. UPL limited

      9. 4.4.9. Wynca Group (Wynca Chemicals)

  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. PESTICIDE CONSUMPTION PER HECTARE, GRAMS, VIETNAM, 2017 - 2022
  1. Figure 2:  
  2. ACTIVE INGREDIENT PRICE PER METRIC TON, USD, VIETNAM, 2017 - 2022
  1. Figure 3:  
  2. CROP PROTECTION CHEMICALS VOLUME METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 4:  
  2. CROP PROTECTION CHEMICALS VALUE USD, VIETNAM, 2017 - 2029
  1. Figure 5:  
  2. CROP PROTECTION CHEMICALS MARKET BY FUNCTION, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 6:  
  2. CROP PROTECTION CHEMICALS MARKET BY FUNCTION, USD, VIETNAM, 2017 - 2029
  1. Figure 7:  
  2. VALUE SHARE OF CROP PROTECTION CHEMICALS BY FUNCTION, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 8:  
  2. VOLUME SHARE OF CROP PROTECTION CHEMICALS BY FUNCTION, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 9:  
  2. CONSUMPTION OF FUNGICIDE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 10:  
  2. CONSUMPTION OF FUNGICIDE, USD, VIETNAM, 2017 - 2029
  1. Figure 11:  
  2. VALUE SHARE OF FUNGICIDE BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 12:  
  2. CONSUMPTION OF HERBICIDE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 13:  
  2. CONSUMPTION OF HERBICIDE, USD, VIETNAM, 2017 - 2029
  1. Figure 14:  
  2. VALUE SHARE OF HERBICIDE BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 15:  
  2. CONSUMPTION OF INSECTICIDE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 16:  
  2. CONSUMPTION OF INSECTICIDE, USD, VIETNAM, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF INSECTICIDE BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 18:  
  2. CONSUMPTION OF MOLLUSCICIDE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 19:  
  2. CONSUMPTION OF MOLLUSCICIDE, USD, VIETNAM, 2017 - 2029
  1. Figure 20:  
  2. VALUE SHARE OF MOLLUSCICIDE BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 21:  
  2. CONSUMPTION OF NEMATICIDE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 22:  
  2. CONSUMPTION OF NEMATICIDE, USD, VIETNAM, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF NEMATICIDE BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 24:  
  2. CROP PROTECTION CHEMICALS MARKET BY APPLICATION MODE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 25:  
  2. CROP PROTECTION CHEMICALS MARKET BY APPLICATION MODE, USD, VIETNAM, 2017 - 2029
  1. Figure 26:  
  2. VALUE SHARE OF CROP PROTECTION CHEMICALS BY APPLICATION MODE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 27:  
  2. VOLUME SHARE OF CROP PROTECTION CHEMICALS BY APPLICATION MODE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 28:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 29:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, USD, VIETNAM, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF CHEMIGATION BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 31:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 32:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, USD, VIETNAM, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF FOLIAR BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 34:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 35:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, USD, VIETNAM, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF FUMIGATION BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 37:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 38:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SEED TREATMENT, USD, VIETNAM, 2017 - 2029
  1. Figure 39:  
  2. VALUE SHARE OF SEED TREATMENT BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 40:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 41:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, USD, VIETNAM, 2017 - 2029
  1. Figure 42:  
  2. VALUE SHARE OF SOIL TREATMENT BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 43:  
  2. CROP PROTECTION CHEMICALS MARKET BY CROP TYPE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 44:  
  2. CROP PROTECTION CHEMICALS MARKET BY CROP TYPE, USD, VIETNAM, 2017 - 2029
  1. Figure 45:  
  2. VALUE SHARE OF CROP PROTECTION CHEMICALS BY CROP TYPE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 46:  
  2. VOLUME SHARE OF CROP PROTECTION CHEMICALS BY CROP TYPE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 47:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY COMMERCIAL CROPS, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 48:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY COMMERCIAL CROPS, USD, VIETNAM, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF COMMERCIAL CROPS BY FUNCTION, %, VIETNAM, 2022 VS 2029
  1. Figure 50:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY FRUITS & VEGETABLES, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 51:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY FRUITS & VEGETABLES, USD, VIETNAM, 2017 - 2029
  1. Figure 52:  
  2. VALUE SHARE OF FRUITS & VEGETABLES BY FUNCTION, %, VIETNAM, 2022 VS 2029
  1. Figure 53:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY GRAINS & CEREALS, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 54:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY GRAINS & CEREALS, USD, VIETNAM, 2017 - 2029
  1. Figure 55:  
  2. VALUE SHARE OF GRAINS & CEREALS BY FUNCTION, %, VIETNAM, 2022 VS 2029
  1. Figure 56:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY PULSES & OILSEEDS, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 57:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY PULSES & OILSEEDS, USD, VIETNAM, 2017 - 2029
  1. Figure 58:  
  2. VALUE SHARE OF PULSES & OILSEEDS BY FUNCTION, %, VIETNAM, 2022 VS 2029
  1. Figure 59:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY TURF & ORNAMENTAL, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 60:  
  2. CROP PROTECTION CHEMICALS CONSUMED BY TURF & ORNAMENTAL, USD, VIETNAM, 2017 - 2029
  1. Figure 61:  
  2. VALUE SHARE OF TURF & ORNAMENTAL BY FUNCTION, %, VIETNAM, 2022 VS 2029
  1. Figure 62:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, VIETNAM, 2017-2022
  1. Figure 63:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, VIETNAM, 2017-2022
  1. Figure 64:  
  2. MARKET SHARE OF MAJOR PLAYERS, %, VIETNAM 2022

Vietnam Crop Protection Chemicals Industry Segmentation

Fungicide, Herbicide, Insecticide, Molluscicide, Nematicide are covered as segments by Function. 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.

  • The market for crop protection chemicals in Vietnam was valued at USD 519.4 million in 2022. The country is a significant producer and exporter of diverse agricultural commodities.
  • In 2022, fungicides dominated the market with a share of 38.2% of the Vietnamese crop protection chemicals market. Farmers in the country rely on fungicides to protect crops from fungal diseases and ensure optimal yields. The market is driven by the cultivation of major crops such as grains, cereals, pulses, oilseeds, fruits, and vegetables, which are susceptible to fungal infections like rust, Fusarium wilt, root rot, powdery mildew, and common blight. Insecticides and herbicides held shares of 32.9% and 21.5% in 2022.
  • Nematode infestations pose a threat to crops like rice, coffee, vegetables, and fruit orchards. Rice, which covers 80% of cultivated land, suffers annual yield losses of up to 10-20%, increasing the need for nematicide application. Such factors may lead to the growth of this segment.
  • The growth of the crop protection chemicals market in Vietnam is closely linked to the ongoing agricultural development and the expansion of commercial crop cultivation in the country. Vietnam has witnessed significant progress in the agricultural sector, particularly in crops like natural rubber, for which it ranks as the third-largest global producer.
  • The harvested area for natural rubber experienced a notable increase of 9.1% from 2018, reaching 752.1 thousand hectares in 2022. As the agricultural sector continues to expand, there will be a corresponding increase in the demand for various crop protection chemicals to safeguard crops and enhance yields. Thus, the market is expected to record a CAGR of 4.0% during the forecast period (2023-2029).
Function
Fungicide
Herbicide
Insecticide
Molluscicide
Nematicide
Application Mode
Chemigation
Foliar
Fumigation
Seed Treatment
Soil Treatment
Crop Type
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
Turf & Ornamental
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Market Definition

  • Function - Crop Protection Chemicals are apllied to control or prevent pests, including insects, fungi, weeds, nematodes, and mollusks, from damaging the crop and to protect the crop yield.
  • 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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Vietnam Crop Protection Chemicals Market Research FAQs

The Vietnam Crop Protection Chemicals Market size is expected to reach USD 558.74 million in 2024 and grow at a CAGR of 4.10% to reach USD 682.95 million by 2029.

In 2024, the Vietnam Crop Protection Chemicals Market size is expected to reach USD 558.74 million.

Bayer AG, FMC Corporation, Nufarm Ltd, Syngenta Group and UPL limited are the major companies operating in the Vietnam Crop Protection Chemicals Market.

In the Vietnam Crop Protection Chemicals Market, the Fungicide segment accounts for the largest share by function.

In 2024, the Molluscicide segment accounts for the fastest growing by function in the Vietnam Crop Protection Chemicals Market.

In 2023, the Vietnam Crop Protection Chemicals Market size was estimated at 558.74 million. The report covers the Vietnam Crop Protection Chemicals Market historical market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. The report also forecasts the Vietnam Crop Protection Chemicals Market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023.

Vietnam Crop Protection Chemicals Industry Report

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

Vietnam Crop Protection Chemicals Market Report Snapshots

Vietnam Crop Protection Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029