Vietnam Insecticide Market Size and Share

Vietnam Insecticide Market Summary
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Vietnam Insecticide Market Analysis by Mordor Intelligence

The Vietnam insecticide market size reached USD 186.98 million in 2025 and is projected to climb to USD 220.46 million by 2030, reflecting a 3.34% CAGR. Rising pest pressure on rice, expanding fruit and vegetable acreage, and supportive digital distribution channels keep demand steady even as integrated pest management (IPM) programs temper overall volume growth. E-commerce platforms deliver genuine products at lower prices, countering the historic dominance of informal retail networks. Simultaneously, drone spraying cooperatives and QR-code authentication tools are improving application precision and brand trust, encouraging a gradual shift toward premium formulations. Multinational companies maintain strong footholds, yet nimble domestic suppliers gain share in cost-sensitive rural districts, creating a balanced but competitive ecosystem within the Vietnam insecticide market.

Key Report Takeaways

  • By application mode, foliar spraying led with 58.2% of the Vietnam insecticide market share in 2024, while seed treatment is forecast to post a 3.60% CAGR through 2030.
  • By crop type, grains and cereals captured 64.6% share of the Vietnam insecticide market size in 2024; fruits and vegetables are advancing at a 3.55% CAGR to 2030.

Segment Analysis

By Application Mode: Foliar Dominance with Seed Treatment Upside

Foliar spraying generated 58.2% of the Vietnam insecticide market share in 2024, and remains central to rice pest control during panicle initiation. Flooded paddies favor overhead boom or drone sprays that reach canopy tops where planthoppers congregate. Regular monsoon cycles produce predictable infestation peaks, reinforcing foliar reliance. Systemic seed dressings prevent early seedling losses and cut subsequent foliar cycles, explaining their fastest-growing 3.60% CAGR trajectory to 2030. 

Manufacturers showcase color-coated seed treatments that double as germination markers, easing adoption. Chemigation and fumigation serve niche greenhouse and orchard uses, together representing under 10% of the Vietnam insecticide market but offering premium margins through specialized service plans. Drone-optimized low-drift formulations help foliar retain relevance by mitigating neighbor exposure concerns. Field trials funded by BASF in Dong Thap demonstrated a 15% deposit improvement on lower leaves, translating to a 4% yield benefit, thus sustaining farmer confidence in foliar technology.

Vietnam Insecticide Market: Market Share by Application Mode
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By Crop Type: Rice-Centric Base and Diversifying Fruit Potential

Grains and cereals commanded 64.6% of the Vietnam insecticide market size in 2024, driven principally by rice’s three-crop annual calendar that demands roughly six insecticide applications per hectare. Government export ambitions anchor rice acreage, providing a stable baseline demand. Fruits and vegetables expanding under regional trade pacts are forecast at a 3.55% CAGR, gradually lifting their share in the Vietnam insecticide market. High farm-gate prices for dragon fruit, mango, and longan justify precision sprays and residue-compliant products, inviting premium formulations from multinationals. 

Commercial crops such as coffee and pepper in the Central Highlands sustain a specialist tier where insect damage directly affects export grade. Pulse and oilseed cultivation grows modestly under crop rotation programs that manage soil fertility, generating incremental yet resilient demand. Turf and ornamental segments stay nascent but pick up as urbanization and hospitality investments demand manicured landscapes. Each crop group exhibits a unique pest spectrum, compelling suppliers to maintain diverse active ingredient portfolios and technical advisory capacity.

Vietnam Insecticide Market: Market Share by Crop Type
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Geography Analysis

The Mekong Delta anchors more than half of the national rice output, making it the largest consumer of insecticides in Vietnam; intensive triple-cropping schedules coupled with high humidity generate perennial brown planthopper and stem borer challenges. Growers here favor fast-acting foliar mixtures that align with tight planting windows. Dependable waterways shorten distribution lead times, enabling just-in-time deliveries that reduce on-farm storage costs. However, environmental sensitivities around river ecosystems spur demand for low-toxicity options, a trend that multinationals leverage through stewardship campaigns.

In the Red River Delta, the average rice plot size is below 0.5 hectares, so farmers prefer smaller package sizes and multi-crop labels. Diversity in crop rotations, especially vegetables in peri-urban belts, creates a mosaic of pest dynamics that raises demand for broad-spectrum yet residue-smart solutions. Retail stores cluster around township markets, but e-commerce adoption grows fastest here owing to dense 4G coverage and higher smartphone penetration, reinforcing digital sales channels for the Vietnam insecticide market.

The Central Highlands contributes disproportionately to export earnings through coffee, pepper, and fruit. Orchards face seasonal outbreaks of berry borer and fruit fly, demanding advanced monitoring and baiting technologies. Altitude moderates humidity, extending the residual life of certain chemistries and reducing spray frequency, but export residue limits are strict. Growers thus invest in integrated programs that blend pheromone traps with selective insecticides. Drone services are popular because hilly terrain restricts tractor access, driving specialized formulation demand.

Competitive Landscape

The Vietnam insecticide market is moderate. Multinationals BASF SE, Bayer AG, Syngenta Group, Wynca Group (Wynca Chemicals), and UPL Limited capitalize on robust R&D pipelines, rigorous stewardship support, and established networks. Their collective focus on formulation upgrades, such as micro-encapsulation and drone-ready concentrates, helps retain high-value segments. Domestic players like Loc Troi Group and Sitto Vietnam prize quick product registration cycles and cost-effective packaging, anchoring them in price-sensitive rural corners of the Vietnam insecticide market.

Strategic competition revolves around field demonstrations, digital advisory platforms, and integrated offerings rather than simple price warfare. Syngenta’s 2024 launch of a mobile pest advisory app added decision support for 25,000 farmers, leading to a reported 10% lift in cross-sell rates for its foliar range. BASF invested USD 12 million in a Ho Chi Minh City technical center to speed tropical-climate formulation testing, shortening launch lead-times. Domestic firms respond by bundling crop loans with product sales, protecting customer bases through financial stickiness.

Regulation tightens entry barriers. Post-2024 amendments require environmental impact dossiers for active ingredients, a hurdle that smaller importers struggle to clear. Yet, anti-counterfeit drives benefit legitimate brands across the Vietnam insecticide market, boosting replacement demand for authentic products and improving revenue certainty. Consolidation activity remains plausible as local firms seek foreign technology and capital, while global majors aim for deeper rural penetration.

Vietnam Insecticide Industry Leaders

  1. Bayer AG

  2. Syngenta Group

  3. UPL Limited

  4. Wynca Group (Wynca Chemicals)

  5. BASF SE

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Insecticide Market Concentration
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Recent Industry Developments

  • May 2024: FMC Corporation received recognition from Vietnam's Ministry of Agriculture for contributions to sustainable agriculture development, highlighting the company's integrated pest management training programs and reduced-risk product introductions.
  • November 2024: Corteva Agriscience partnered with the Western Highlands Agriculture and Forestry Science Institute to develop integrated pest management solutions for coffee and pepper cultivation in the Central Highlands, establishing a USD 8 million research collaboration focused on sustainable crop protection technologies and resistance management strategies.
  • January 2023: Vietnam's Plant Protection Department approved 23 new insecticide formulations for registration, including several biological control products and reduced-risk synthetic chemistries designed to support the country's integrated pest management objectives while maintaining efficacy against key pests.

Table of Contents for Vietnam Insecticide Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study
  • 1.3 Research Methodology

2. REPORT OFFERS

3. EXECUTIVE SUMMARY & KEY FINDINGS

4. KEY INDUSTRY TRENDS

  • 4.1 Consumption Of Pesticide Per Hectare
  • 4.2 Pricing Analysis For Active Ingredients
  • 4.3 Regulatory Framework
    • 4.3.1 Vietnam
  • 4.4 Value Chain & Distribution Channel Analysis
  • 4.5 Market Drivers
    • 4.5.1 Escalating brown planthopper outbreaks
    • 4.5.2 Rapid switch to hybrid rice varieties demanding higher insecticide use
    • 4.5.3 Government-backed "one must do, five reductions" IPM refresh widening acceptance
    • 4.5.4 E-commerce ag-input platforms lowering last-mile prices for smallholder farmers
    • 4.5.5 Emergence of drone-based precision spraying cooperatives
    • 4.5.6 Cross-border counterfeit clampdown raising branded product sales
  • 4.6 Market Restraints
    • 4.6.1 Growing pesticide residue rejections
    • 4.6.2 Rapid resistance development to pyrethroids in fruit orchards
    • 4.6.3 Expansion of organic certification zones
    • 4.6.4 Shrinking arable land due to industrial conversion

5. MARKET SIZE AND GROWTH FORECASTS (VALUE AND VOLUME)

  • 5.1 Application Mode
    • 5.1.1 Chemigation
    • 5.1.2 Foliar
    • 5.1.3 Fumigation
    • 5.1.4 Seed Treatment
    • 5.1.5 Soil Treatment
  • 5.2 Crop Type
    • 5.2.1 Commercial Crops
    • 5.2.2 Fruits & Vegetables
    • 5.2.3 Grains & Cereals
    • 5.2.4 Pulses & Oilseeds
    • 5.2.5 Turf & Ornamental

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments)
    • 6.4.1 BASF SE
    • 6.4.2 Bayer AG
    • 6.4.3 Corteva Agriscience
    • 6.4.4 FMC Corporation
    • 6.4.5 Nufarm Ltd
    • 6.4.6 Syngenta Group
    • 6.4.7 UPL Limited
    • 6.4.8 Wynca Group (Wynca Chemicals)
    • 6.4.9 Sumitomo Chemical Co.
    • 6.4.10 PI Industries Ltd.
    • 6.4.11 Jiangsu Flag Chemical Industry Co., Ltd.
    • 6.4.12 Sipcam-Oxon Group
    • 6.4.13 Nihon Nohyaku Co., Ltd.
    • 6.4.14 Nutrichem Co., Ltd.

7. KEY STRATEGIC QUESTIONS FOR CROP PROTECTION CHEMICALS CEOS

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Vietnam Insecticide Market Report Scope

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.
Application Mode
Chemigation
Foliar
Fumigation
Seed Treatment
Soil Treatment
Crop Type
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
Turf & Ornamental
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 - 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
research-methodology
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