North America Crop Protection Chemicals Market Overview
According to SPER Market Research, the North America Crop Protection Chemicals Market is estimated to reach USD 34.16 billion by 2033 with a CAGR 12.03%.
Crop protection is the use of insecticides to protect a crop from pests by controlling their population and safeguarding them so that crop and yield are not harmed. Pesticides are an essential element of agriculture, and while the industry is mature, there is growing awareness and desire for biopesticides to reduce environmental harm. Certain pesticides, such as glyphosate, atrazine, and chlorpyrifos, are being phased out, which will increase demand for biopesticides. Biopesticides are generated from animals, plants, microorganisms, and minerals and aid in pest management through non-poisonous means.
Exploring the Growth Drivers of the North America Crop Protection Chemicals Industry
Several growth drivers influence the Crop Protection Chemicals Market in North America. Crop protection market drivers include rising food demand, shrinking arable land due to urbanization, rising population, the need for higher crop production, increased food and health safety awareness, and advancements in farming practices and technology. The expanding population in North America drives food demand, which drives crop protection chemical demand to boost agricultural productivity and production. Biotechnology, precision agriculture, and other agricultural technologies are driving the development of more effective, efficient, and environmentally friendly crop protection agents. Also, North American governments are assisting farmers through subsidies and other programs, which is encouraging the uptake of crop protection chemicals.
What challenges does the North America Crop Protection Chemicals Market face?
Several challenges are faced by the North American Crop Protection Chemicals Market. Crop protection chemicals are subject to tight controls imposed by government agencies, and there is rising concern about their possible influence on the environment and public health. As a result, enterprises in this industry face increased regulatory restrictions, which may limit their ability to develop and introduce new products. Also, overuse of crop protection chemicals has resulted in pest and disease resistance, making control difficult. This resistance poses a huge issue for farmers and the crop protection chemicals sector, since it diminishes the efficacy of existing chemicals and increases the demand for new and more inventive solutions.
In what ways has the COVID-19 pandemic affected North America Crop Protection Chemicals Market?
The COVID-19 epidemic has had both beneficial and negative consequences on the crop protection chemical market in North America. The pandemic has affected global supply lines, causing delays in crop protection chemical manufacture and distribution. This has resulted in chemical shortages and price increases for others. The epidemic has also had a substantial impact on agriculture, causing supply chain disruptions, labor shortages, and decreased demand for certain products. This has resulted in a drop in crop protection chemical demand. Despite lower agricultural demand, the epidemic has resulted in increased food demand as individuals spend more time at home and consume more meals there. This has largely compensated for the reduction.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Origin, By Type, By Crop Type
|
| Regions covered | Canada, Mexico, United States, Rest of North America
|
| Companies Covered | Adama Agricultural Solutions Ltd., BASF SE, Bayer Crop Science, Corteva Agriscience, FMC Corporation, Monsanto Company, Nufarm Ltd, Sumitomo Chemical Co., Ltd., Syngenta AG, The Dow Chemical Company
|
Key Target Audience
- Agricultural Companies
- Farmers
- Government Agencies
- Industry Associations and Trade Groups
North America Crop Protection Chemicals Market Segmentation:
1. By Origin:
- North America Crop Protection Chemicals Market Value Share and Forecast, By Origin, 2023-2033
- Bio-based
- Synthetic
2. By Type:
- North America Crop Protection Chemicals Market Value Share and Forecast, By Type, 2023-2033
- Fungicide
- Herbicide
- Insecticide
- Other Crop Protection Chemicals
3. By Crop Type:
- North America Crop Protection Chemicals Market Value Share and Forecast, By Crop Type, 2023-2033
- Cereals and Grains
- Fruits and Vegetables
- Pulses and Oilseeds
- Turf and Ornamentals
4. By Region:
- Canada
- Mexico
- United States
- Rest of North America
Key Topics Covered in the Report
- North America Crop Protection Chemicals Market Size (FY’2023-FY’2033)
- Overview of North America Crop Protection Chemicals Market
- Segmentation of North America Crop Protection Chemicals Market By Origin (Bio-based, Synthetic)
- Segmentation of North America Crop Protection Chemicals Market By Type (Fungicide, Herbicide, Insecticide, Other Crop Protection Chemicals)
- Segmentation of North America Crop Protection Chemicals Market By Crop Type (Cereals and Grains, Fruits and Vegetables, Pulses and Oilseeds, Turf and Ornamentals)
- Growth Analysis of North America Crop Protection Chemicals Market
- Problems and Challenges in North America Crop Protection Chemicals Market
- Competitive Landscape in the North America Crop Protection Chemicals Market
- Impact of COVID-19 and Demonetization on North America Crop Protection Chemicals Market
- Details on Recent Investment in North America Crop Protection Chemicals Market
- Competitive Analysis of North America Crop Protection Chemicals Market
- Key Players in the North America Crop Protection Chemicals Market
- SWOT Analysis of North America Crop Protection Chemicals Market
- North America Crop Protection Chemicals Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Crop Protection Chemicals Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Crop Protection Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Crop Protection Chemicals Market
7. North America Crop Protection Chemicals Market, By Origin (USD Million)
7.1. North America Crop Protection Chemicals Market Value Share and Forecast, By Origin, 2023-2033
7.2. Bio-based
7.3. Synthetic
8. North America Crop Protection Chemicals Market, By Type (USD Million)
8.1. North America Crop Protection Chemicals Market Value Share and Forecast, By Type, 2023-2033
8.2. Fungicide
8.3. Herbicide
8.4. Insecticide
8.5. Other Crop Protection Chemicals
9. North America Crop Protection Chemicals Market, By Crop Type (USD Million)
9.1. North America Crop Protection Chemicals Market Value Share and Forecast, By Crop Type, 2023-2033
9.2. Cereals and Grains
9.3. Fruits and Vegetables
9.4. Pulses and Oilseeds
9.5. Turf and Ornamentals
10. North America Crop Protection Chemicals Market Forecast, 2019-2033 (USD Million)
10.1. North America Crop Protection Chemicals Market Size and Market Share
11. North America Crop Protection Chemicals Market, By Origin, 2019-2033 (USD Million)
11.1. North America Crop Protection Chemicals Market Size and Market Share by Origin (2019-2026)
11.2. North America Crop Protection Chemicals Market Size and Market Share by Origin (2027-2033)
12. North America Crop Protection Chemicals Market, By Type, 2019-2033 (USD Million)
12.1. North America Crop Protection Chemicals Market Size and Market Share by Type (2019-2026)
12.2. North America Crop Protection Chemicals Market Size and Market Share by Type (2027-2033)
13. North America Crop Protection Chemicals Market, By Crop Type, 2019-2033 (USD Million)
13.1. North America Crop Protection Chemicals Market Size and Market Share by Crop Type (2019-2026)
13.2. North America Crop Protection Chemicals Market Size and Market Share by Crop Type (2027-2033)
14. North America Crop Protection Chemicals Market, By Region, 2019-2033 (USD Million)
14.1. North America Crop Protection Chemicals Market Size and Market Share by Region (2019-2026)
14.2. North America Crop Protection Chemicals Market Size and Market Share by Region (2027-2033)
14.3. Canada
14.4. Mexico
14.5. United States
14.6. Rest of North America
15. Company Profile
15.1. Adama Agricultural Solutions Ltd.
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. BASF SE
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Bayer Crop Science
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Corteva Agriscience
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. FMC Corporation
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Monsanto Company
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Nufarm Ltd
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Sumitomo Chemical Co., Ltd.
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Syngenta AG
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. The Dow Chemical Company
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
