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World - Pesticides - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Nov 15, 2018

Global Pesticide Market: Rising Demand for Food to Secure Moderate But Robust Market Growth

IndexBox has just published a new report "World - Pesticides - Market Analysis, Forecast, Size, Trends and Insights". Here is a summary of the report’s key findings.

Pesticides consumption is growing globally 

Pesticides are chemical substances that are used globally for pest control to improve agricultural output. Essentially, pesticides are used during the crop production process to prevent weeds infestation (herbicides), fungi (fungicides)  or disease (disinfectants) spread, and to save the harvest from insects (insecticides). 

According to IndexBox estimates, in 2017, approx. 6.8M tonnes of pesticides were consumed worldwide, an increase of 5% against the previous year. The total consumption volume increased at an average annual rate of +4.0% from 2007 to 2017 and observed an increase every year since 2007. The majority of world pesticide consumption comes from the agricultural sector which has been expanding alongside the population and disposable income growth worldwide. 

The global population has increased by over 12% since 2007 and has been driving agricultural production, especially in large countries with a developed agrarian sector, such as China. 

The most prominent rate of growth with regard to pesticide consumption was recorded in 2016, when consumption increased by 6% against the previous year: after almost ideal long-term weather conditions were predicted, expectation remained high in terms of grain production and the acreage of harvested area in Australia, China, and South America surged as a result. The 2014-2015 slowdown occurred as a result of the global downturn in main grains supply expectations following a prolonged dry period and poor monsoon rainfall. Over the period under review, global pesticide consumption attained its peak figure volume in 2017, and is likely to continue its growth in the near future. 

The global pesticide market revenue amounted to $40B in 2017, rising by 7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.5% over the period from 2007 to 2017; however, it experienced a sharp drop in demand in the 2014/2015 grain season due to relatively low production expectations and an associated pesticide price fall; the deep slump of the oil price was also a factor, affecting the prices for numerous commodities and chemical raw materials.

China is the leading consumer of pesticides worldwide

China (842K tonnes) constituted the country with the largest volume of pesticide consumption, comprising approx. 12% of total consumption. China is the largest wheat, soybean and rice producer in the world and the second largest corn producer, which explains its remarkable demand for pesticides. Moreover, pesticide consumption in China exceeded the figures recorded by the world’s second largest consumer, the U.S. (419K tonnes), twofold. India (342K tonnes) ranked third in terms of total consumption, with a 5% share. India and the USA also feature amongst the largest grain producers globally; the rest of the market is divided relatively evenly. In China, pesticide consumption expanded at an average annual rate of +3.5% over the period from 2007-2017. Nonetheless, the fastest growing consuming countries were Brazil (+14% per year) and Australia (+8.7% per year).

Herbicides are the most popular pesticides

Herbicides, anti-sprouting products and plant-growth regulators (2.9M tonnes) account for 42% of total consumption and are the most popular type of pesticides. According to numerous research findings, weeds are incredibly harmful to crop yield, especially in the early stage, and may account for up to 40% of yield reduction. Herbicides, aimed at harmless weed control, as well as being relatively cost-efficient, are therefore useful in terms of output and cost.

The consumption of disinfectants (1.1M tonnes), which are used to protect crops and livestock from harmful diseases directly or to sterilize microorganisms, is almost threefold less than that of herbicides. Weeds require a much larger scale of pesticide chemical use due to higher resistance to approved herbicides, therefore comprising a larger share of consumption. Insecticides and fungicides take up to 14% and 13% of the market share respectively.

From 2007 to 2017, the annual CAGR of the volume of herbicides consumption stood at +5.4%. For the other types, the average yearly rates were as follows: disinfectants (+3.1% per year), insecticides (+4.3% per year) and fungicides (+3.8% per year). The rates of growth, apart from those for herbicides, do not differ much and reflect regular patterns of consumption growth associated with agriculture sector expansion throughout the period. Approved herbicides, although still useful and practical, are becoming less efficient due to the growing resistance of weeds, which causes farmers to use larger amounts for the same harvested area.

Global pesticide consumption is expected to decelerate, but continue strong growth

Global demand for pesticides is strongly correlated with livestock and grain demand. Food products derived from meat and grains traditionally assume a large share in diet worldwide. With the population growing worldwide and set to increase by 8% by 2025, global per capita GDP is likely to increase by over 25%, and the demand for pesticides is equally expected to follow an upward trend. The demand for food products is most substantial in the emerging Asian countries, such as China and India, and the USA. Therefore, global grain and meat demand would be driven by these markets, which would then generate further pesticide consumption growth. 

Despite growing concerns regarding the environmental impact of using pesticides, the market is growing and is expected to sustain its growth in the immediate term. Research and development in this industrial sector are expanding, thereby securing the improvement of pesticide substances and compounds towards being more effective and environmentally-friendly. This will guarantee market growth in the near future.

At the same time, global population growth is decelerating, and the agricultural sector is slowly adopting genetically modified crops, which in the long term might significantly affect the industry. Nevertheless, the regulation of genetically modified products and the costs of associated research and development make the possible effects relatively insignificant in the medium term. 

The market is not deviating significantly from the underlying trend, and its performance is forecasted to decelerate, though not substantially, relative to the 2007-2017 period. It is expected to continue an upward consumption trend over the next eight years, expanding with an anticipated CAGR of +2.6%, which is projected to bring the market volume to 8.4M tonnes by the end of 2025.

Do you want to know more about the global pesticide market? Get the latest trends and insight from our report. It includes a wide range of statistics on 

  • pesticide market share
  • pesticide prices
  • pesticide industry
  • pesticide sales
  • pesticide import
  • pesticide export
  • pesticide market forecast
  • pesticide price forecast
  • key pesticide producers

Source: IndexBox AI Platform

Product coverage:
• Prodcom 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201190 - Other insecticides
• Prodcom 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
• Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201430 - Disinfectants based on quaternary ammonium salts put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201450 - Disinfectants based on halogenated compounds put up in forms or packings for retail sale or as preparations
• Prodcom 20201490 - Disinfectants put up in forms or packings for retail sale or as preparations or articles (excluding those based on quaternary ammonium salts, those based on halogenated compounds)
• Prodcom 20201930 - Goods of HS
• Prodcom 20201980 - Rodenticides and other plant protection products put up for retail sale or as preparations or articles (excluding insecticides, fungicides, herbicides and disinfectants)
• Prodcom 20201515 - Inorganic fungicides, bactericides and seed treatments, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201530 - Fungicides, bactericides and seed treatments based on dithiocarbamates, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201545 - Fungicides, bactericides and seed treatments based on benzimidazoles, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201560 - Fungicides, bactericides and seed treatment based on triazoles or diazoles, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201575 - Fungicides, bactericides and seed treatments based on diazines or morpholines, put up in forms or packings for retail sale or as preparations or articles
• Prodcom 20201590 - Other fungicides, bactericides and seeds treatments (ex: Captan,...)

This report provides an in-depth analysis of the global pesticide market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
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