Thailand Crop Protection Chemicals Market Growth, Size, Trends, Revenue and Future Outlook
Thailand Crop Protection Chemicals Market Size- By Product Type, By Origin, By Crop Type, By Form, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2023 | Report ID: AGRI2335 | Pages: 1 - 104 | Formats*: |
| Category : Agriculture | |||
Thailand Crop Protection Chemicals Market Introduction and Overview
According to SPER Market Research, the Thailand Crop Protection Chemicals Market is estimated to reach USD 1.49 billion by 2033 with a CAGR of 5.52%.
The report includes an in-depth analysis of the Thailand Crop Protection Chemicals market, including market size and trends, product mix, distribution channels, and supplier analysis. Crop protection chemicals, often termed agrochemicals, encompass agricultural products employed to prevent crop harm and regulate plant ailments. They fall into categories including fungicides, herbicides, and insecticides. These chemicals facilitate the surveillance and management of crop diseases and pests, which can undermine or infect crops. They additionally aid farmers in augmenting yield, optimizing crop output, and bolstering food security. Consequently, they find application across diverse crop varieties, encompassing cereals, fruits, vegetables, oilseeds, and pulses.
- June 2022: Best Agrolife, a prominent agrochemical enterprise in Thailand, introduced a comprehensive collection of agricultural products encompassing insecticides, fungicides, and pesticides. The product range includes Ronfen, AxeMan, Warden, and Tombo.
- May 2022: Bayer Thai has allocated a total investment of 26.7 million THB (equivalent to USD 0.76 million) towards the implementation of the "Better Farms, Better Lives 2.0" initiative. This endeavor is geared towards assisting smallholder farmers in enhancing their crop yields, decreasing production expenses, and advancing their technical expertise. The program, "Better Farms, Better Lives 2.0," is specifically designed to provide benefits to 26,000 smallholder farmers situated across 11 provinces within the central and north eastern regions of the country.
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Market Opportunities and Challenges
Numerous opportunities and challenges are presented by the crop protection chemicals sector in Thailand. The requirement for improved crop production and quality is one of the opportunities, driving the market for efficient crop protection solutions. This is owing to the rising need for food caused by population expansion. Innovative and effective agrochemical products have more opportunities as a result of the use of improved agricultural technologies and practises. A demand for high-quality produce is also created by the rising export-oriented agriculture sector, which encourages farmers to spend money on crop protection chemicals to satisfy international standards.
But there are obstacles in this environment. A significant problem is finding a balance between increased productivity and environmental sustainability, which encourages the creation and use of environmentally friendly and biologically based solutions. Manufacturers and importers may find it difficult to comply with strict safety regulations, which necessitate ongoing watchfulness to ensure appropriate use and adherence. The market for traditional crop protection chemicals is becoming more competitive due to the emergence of alternative farming methods like organic farming and consumer preferences for produce grown without pesticides.
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Market Competitive Landscape
The crop protection chemicals market in Thailand is characterized by consolidation, with a small number of key players holding significant influence. The top three prominent global pesticide companies in Thailand include Corteva Agriscience, Syngenta, ADAMA Agriculture Solutions, as well as BASF SE and Bayer Crop Science AG. Local traders also play a dominant role in the market landscape. Market participants primarily prioritize the development of innovative and high-quality products, alongside the advancement of new technologies to enhance product efficacy. Major players adopt strategies such as launching new products, forming partnerships, and engaging in mergers and acquisitions to drive growth and maintain their market position.
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 Product Type, By Origin, By Crop Type, By Form, By Application |
| Regions covered | Central Thailand, Eastern Thailand, Northern Thailand, Southern Thailand, Western Thailand |
| Companies Covered | ADAMA Agriculture Solutions, AG-AGRO Co. Ltd, Arysta Lifescience Co. Ltd, BASF SE, Bayer Crop Science AG, Corteva Agrisicence, Sahaikaset Agrochemicals Co. Ltd, Sotus International Co. Ltd, Sumitomo Corporation, Syngenta International AG, Others |
COVID-19 Impact on Thailand Crop Protection Chemicals Market
The market for crop protection agents in Thailand was greatly affected by the COVID-19 outbreak. Agricultural activities were impacted by supply chain disruptions, labour shortages, and logistical difficulties that hampered product distribution. Additional pressure came from fluctuating demand brought on by market uncertainty and farmers' lower purchasing power. Despite these difficulties, agriculture's necessity helped to some measure sustain the market. The popularity of digitalization and remote advising services increased. While underscoring the sector's critical role in ensuring food security, the crisis highlighted the need for resilient supply chains and creative strategies to maintain consistent access to crop protection technologies.
Key Target Audience
- Agricultural Cooperatives
- Agricultural Extension Services
- Agricultural Retailers and Distributors
- Agrochemical Manufacturers
- Environmental and Consumer Advocacy Groups
- Farmers and Agricultural Producers
- Financial Institutions and Investors
- Pest Management Consultants
- Others
Our in-depth analysis of the Thailand Crop Protection Chemicals Market includes the following segments:
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Key Topics Covered in the Report
- Thailand Crop Protection Chemicals Market Size (FY’2023-FY’2033)
- Overview of Thailand Crop Protection Chemicals Market
- Segmentation of Thailand Crop Protection Chemicals Market By Product Type (Fungicides, Herbicides, Insecticides, Others)
- Segmentation of Thailand Crop Protection Chemicals Market By Origin (Natural, Synthetic)
- Segmentation of Thailand Crop Protection Chemicals Market By Crop Type (Cereal and Grains, Fruits and Vegetables, Oilseed and Pulses, Others)
- Segmentation of Thailand Crop Protection Chemicals Market By Form (Gas, Liquid)
- Segmentation of Thailand Crop Protection Chemicals Market By Application (Foliar Spray, Seed Treatment, Soil Treatment, Others)
- Statistical Snap of Thailand Crop Protection Chemicals Market
- Expansion Analysis of Thailand Crop Protection Chemicals Market
- Problems and Obstacles in Thailand Crop Protection Chemicals Market
- Competitive Landscape in the Thailand Crop Protection Chemicals Market
- Impact of COVID-19 and Demonetization on Thailand Crop Protection Chemicals Market
- Details on Current Investment in Thailand Crop Protection Chemicals Market
- Competitive Analysis of Thailand Crop Protection Chemicals Market
- Prominent Players in the Thailand Crop Protection Chemicals Market
- SWOT Analysis of Thailand Crop Protection Chemicals Market
- Thailand Crop Protection Chemicals Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Thailand Crop Protection Chemicals Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Thailand Crop Protection Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Crop Protection Chemicals Market
7. Thailand Crop Protection Chemicals Market, By Product Type (USD Million)
7.1. Thailand Crop Protection Chemicals Market Value Share and Forecast, By Product Type, 2023-20337.2. Fungicides7.3. Herbicides7.4. Insecticides7.5. Others
8. Thailand Crop Protection Chemicals Market, By Origin (USD Million)
8.1. Thailand Crop Protection Chemicals Market Value Share and Forecast, By Origin, 2023-20338.2. Natural8.3. Synthetic
9. Thailand Crop Protection Chemicals Market, By Crop Type (USD Million)
9.1. Thailand Crop Protection Chemicals Market Value Share and Forecast, By Crop Type, 2023-20339.2. Cereal and Grains9.3. Fruits and Vegetables9.4. Oilseed and Pulses9.5. Others
10. Thailand Crop Protection Chemicals Market, By Form (USD Million)
10.1. Thailand Crop Protection Chemicals Market Value Share and Forecast, By Form, 2023-203310.2. Gas10.3. Liquid
11. Thailand Crop Protection Chemicals Market, By Application (USD Million)
11.1. Thailand Crop Protection Chemicals Market Value Share and Forecast, By Application, 2023-203311.2. Foliar Spray11.3. Seed Treatment11.4. Soil Treatment11.5. Others
12. Thailand Crop Protection Chemicals Market Forecast, 2019-2033 (USD Million)
12.1. Thailand Crop Protection Chemicals Market Size and Market Share
13. Thailand Crop Protection Chemicals Market, By Product Type, 2019-2033 (USD Million)
13.1. Thailand Crop Protection Chemicals Market Size and Market Share By Product Type (2019-2026)13.2. Thailand Crop Protection Chemicals Market Size and Market Share By Product Type (2027-2033)
14. Thailand Crop Protection Chemicals Market, By Origin, 2019-2033 (USD Million)
14.1. Thailand Crop Protection Chemicals Market Size and Market Share By Origin (2019-2026)14.2. Thailand Crop Protection Chemicals Market Size and Market Share By Origin (2027-2033)
15. Thailand Crop Protection Chemicals Market, By Crop Type, 2019-2033 (USD Million)
15.1. Thailand Crop Protection Chemicals Market Size and Market Share By Crop Type (2019-2026)15.2. Thailand Crop Protection Chemicals Market Size and Market Share By Crop Type (2027-2033)
16. Thailand Crop Protection Chemicals Market, By Form, 2019-2033 (USD Million)
16.1. Thailand Crop Protection Chemicals Market Size and Market Share By Form (2019-2026)16.2. Thailand Crop Protection Chemicals Market Size and Market Share By Form (2027-2033)
17. Thailand Crop Protection Chemicals Market, By Application, 2019-2033 (USD Million)
17.1. Thailand Crop Protection Chemicals Market Size and Market Share By Application (2019-2026)17.2. Thailand Crop Protection Chemicals Market Size and Market Share By Application (2027-2033)
18. Thailand Crop Protection Chemicals Market, By Region, 2019-2033 (USD Million)
18.1. Thailand Crop Protection Chemicals Market Size and Market Share By Region (2019-2026)18.2. Thailand Crop Protection Chemicals Market Size and Market Share By Region (2027-2033)18.3. Central Thailand18.4. Eastern Thailand18.5. Northern Thailand18.6. Southern Thailand18.7. Western Thailand
19. Company Profile
19.1. ADAMA Agriculture Solutions
19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments
19.2. AG-AGRO Co. Ltd
19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments
19.3. Arysta Lifescience Co. Ltd
19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments
19.4. BASF SE
19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments
19.5. Bayer Crop Science AG
19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments
19.6. Corteva Agrisicence
19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments
19.7. Sahaikaset Agrochemicals Co. Ltd
19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments
19.8. Sotus International Co. Ltd
19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments
19.9. Sumitomo Corporation
19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments
19.10. Syngenta International AG
19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments
19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. 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.
Frequently Asked Questions About This Report
Thailand Crop Protection Chemicals Market is projected to reach USD 1.49 billion by 2033, growing at a CAGR of 5.52% during the forecast period.
Thailand Crop Protection Chemicals Market grew in market size from 2022. The Market is expected to reach USD 1.49 billion by 2033, at a CAGR of 5.52% during the forecast period.
Thailand Crop Protection Chemicals Market CAGR of 5.52% during the forecast period.
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Thailand Crop Protection Chemicals Market size is USD 1.49 billion from 2023 to 2033.
Thailand Crop Protection Chemicals Market Segment is covered By Product Type, By Origin, By Crop Type, By Form, By Application
The Asia-Pacific is anticipated to have the highest market share in the Thailand Crop Protection Chemicals Market.
The key players in the market include Companies Covered ADAMA Agriculture Solutions, AG-AGRO Co. Ltd, Arysta Lifescience Co. Ltd, BASF SE, Bayer Crop Science AG, Corteva Agrisicence, Sahaikaset Agrochemicals Co. Ltd, Sotus International Co. Ltd, Sumitomo Corporation, Syngenta International AG, Others.
Crop protection chemicals, often termed agrochemicals, encompass agricultural products employed to prevent crop harm and regulate plant ailments. They fall into categories including fungicides, herbicides, and insecticides. These chemicals facilitate the surveillance and management of crop diseases and pests, which can undermine or infect crops.
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