Pesticide and Agricultural Chemicals Market Expected to Reach $170.03B by 2030
The global pesticide and agricultural chemicals market is projected to grow from $113.13 billion in 2025 to $170.03 billion by 2030, achieving an 8.6% CAGR. This expansion is driven by evolving agricultural practices, increasing global food demand, and rising pest resistance. Future growth factors include sustainable agriculture, precision farming technologies, and bio-based agrochemicals. Asia-Pacific currently holds the largest market share, leading regional growth in this vital sector.
The pesticide and agricultural chemicals market is poised for significant expansion, with its value forecasted to increase from $113.13 billion in 2025 to $170.03 billion by 2030, demonstrating an impressive compound annual growth rate (CAGR) of 8.6%. Historical market growth has been fueled by factors such as advancements in commercial farming, growing pest resistance, increasing global food demand due to population growth, and continued reliance on chemical crop protection. Looking forward, the market's robust growth will be supported by wider adoption of sustainable agriculture practices, a greater demand for higher crop yields, the integration of precision farming technologies, and an increased use of bio-based agrochemicals. Additionally, a stronger focus on food security and intensified efforts in yield protection and disease control are crucial drivers. Emerging trends highlight a rising preference for bio-based pesticides, more extensive use of selective herbicides, and the implementation of integrated pest management (IPM) strategies. The primary function of these chemicals is to protect crops from insects, weeds, and diseases, thereby safeguarding quality and output. The increasing prevalence of crop diseases and pest infestations remains a major catalyst for market growth, with Asia-Pacific holding the largest regional market share.
