United States Crop Protection Chemicals Market Size & Share | 2027

 

Market Overview

The US crop protection chemicals market is projected to register a CAGR of 3.8% during the forecast period (2022-2027).

The rapid proliferation of COVID-19 at home and abroad and the subsequent shutdown of parts of the economy led to unprecedented and simultaneous supply and demand shocks to the food system. Most critically, the USDA initially aided through the Coronavirus Food Assistance Program, which is estimated to provide up to USD 16 billion to US farmers and ranchers to help them deal with the significant income losses they incurred during the pandemic. According to the US Department of Agriculture (USDA), soybean witnessed the highest rate of application of insecticides in terms of volume. The volume was 4,075 metric ton in 2017, followed by corn at 750.7 metric ton. Neonicotinoids and chlorpyrifos are the major insecticides used by farmers in Minnesota. However, due to the rising concerns regarding the harmful effects of the use of synthetic insecticides, the government restricted the use of neonicotinoids in the state, mainly to ensure permissible use of the bee-harming insecticide. By product type, the market is broadly segmented into herbicides, insecticides, fungicides, nematicides, and other crop protection chemicals. Herbicides held the largest market share in terms of value in 2020, with USD 3.68 billion, followed by insecticides and fungicides. The growing demand for food is constantly increasing the need for agricultural productivity, which accelerates the demand and need for crop protection chemicals. The improved scientific and technological trends in the crop protection chemicals market are likely to be major drivers positively impacting the market during the forecast period.

Scope of the Report

Crop protection chemicals have been defined as commercially manufactured agrochemicals used for preventing the destruction of crops by pests, diseases, and weeds, thereby improving the yield and quality of the crops. The market studied includes agrochemicals applied by farmers and large commercial growers in crops and non-crop agricultural practices. The US crop protection chemicals market is segmented by origin (synthetic and bio-based), product (herbicides, insecticides, fungicides, nematicides, and other crop protection chemicals), and application (grains and cereals, pulses and oilseeds, fruits and vegetables, turfs and ornamentals, and other applications). The report offers the market size and forecasts in value (USD million) for all the above segments. Read Full report

Comments

Post a Comment

Popular Posts

Aviation Industry Set to Soar: Market to Hit USD 395.76 Billion by 2030 Amid Stable Growth

The aviation industry is projected to grow from USD 343.54 billion in 2025 to USD 395.76 billion by 2030, registering a compound annual growth rate (CAGR) of 2.87% during the forecast period of 2025 to 2030. Market Overview The global aviation industry is a vital part of the transportation sector, playing a critical role in global trade, tourism, and connectivity. As consumer demand for air travel rebounds post-pandemic and commercial fleets undergo modernization, the aviation market is undergoing transformative shifts. Emerging markets, technological innovation, and sustainability efforts are reshaping the aviation industry outlook, contributing to measurable aviation industry growth worldwide. Key Trends in the Aviation Industry Rise of Sustainable Aviation Fuel (SAF) One of the leading aviation industry trends is the growing emphasis on sustainability. Major aviation industry companies are investing in SAF to reduce carbon emissions, in line with international environmental goals. D...
Read more

Recreational Boating Market Set to Reach USD 36.82 Billion by 2030: Key Growth Drivers and Trends

  Market Overview The global recreational boating market is projected to expand from USD 28.71 billion in 2025 to USD 36.82 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.1% during the forecast period. This growth is primarily driven by increasing participation in water-based leisure activities, technological advancements in boat manufacturing, and a rising preference for sustainable boating options. Key Trends Technological Advancements in Boat Design and Functionality Innovations such as smart navigation systems, integrated IoT devices, and electric propulsion are enhancing the boating experience, making it more convenient and eco-friendly. Surge in Watersports and Fishing Activities An increasing number of individuals are engaging in watersports and fishing, driving demand for specialized recreational boats tailored to these activities. Shift Towards Sustainable Boating Solutions The adoption of electric and hybrid-powered boats is on the rise, aligning wi...
Read more

Kuwait Dairy Products Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Kuwait Dairy Products Market Analysis: The Kuwait Dairy Products Market is projected to experience significant growth in the coming years. According to estimates, the market size is expected to increase from USD 1.06 billion in 2024 to USD 1.42 billion by 2029, with a compound annual growth rate (CAGR) of 5.91% during the forecast period of 2024–2029. During the initial phase of business and community shutdowns, there was a surge in demand for dairy products in Kuwait. However, the disrupted supply chains, including dairy snacks, posed a major challenge. As a result of the lockdown, Kuwait and other Middle Eastern countries closed their borders or implemented trade barriers, affecting the availability of dairy products. The Kuwaiti dairy industry is closely regulated by the government, which ensures compliance with health and hygiene regulations that align with both GCC and international standards. Additionally, the industry is characterized by active foreign trade, involving both expo...
Read more

Coffee Machine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Coffee Machine Market Analysis: 1. In 2020, the coffee machine market was valued at approximately USD 5.11 billion, and experts predict that it will experience a compound annual growth rate (CAGR) of over 4.5% from 2022 to 2027. However, the market faced challenges due to the COVID-19 pandemic, which led to restrictions on manufacturing activities and disrupted supply chains. As a result, coffee machine manufacturers in the United States and Europe had to temporarily halt production due to the lockdown in China, where they sourced various input supplies. Despite this setback, the market’s growth was sustained by the expansion of commercial infrastructure and the increasing number of offices. 2. The coffee industry has been undergoing significant transformations, driven by innovations, new product launches, and the surging demand from consumers. The rising popularity of instant non-alcoholic beverages, particularly coffee, in restaurants and office cafeterias has been a key factor drivi...
Read more