China Crop Protection Chemicals Market Growth 2024, Rising Trends, Revenue, Industry Share, CAGR Status, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research
Crop Protection Chemicals: An Overview
Crop protection chemicals encompass a wide range of substances designed to combat pests and weeds in agriculture. However, their use poses environmental risks, as many of these chemicals contain harmful compounds that can lead to adverse health effects such as skin infections, cancer, and respiratory illnesses. Despite these concerns, chemical pesticides play a pivotal role in enhancing crop yields and ensuring pest control in modern agricultural practices.
China Crop Protection Chemicals Market Outlook
According to SPER Market Research, the China Crop Protection Chemicals Market, segmented by origin, product type, and crop type, is projected to achieve a market value of USD XX billion by 2033, growing at a CAGR of 4.1%.
The market is driven by China’s efforts to meet the rising demand for food security amidst a growing population. Crop protection chemicals help safeguard crops from harmful weeds and pests, significantly boosting agricultural productivity. As per the Food and Agriculture Organization (FAO), the United States, China, and Brazil are the top consumers of these chemicals, contributing to higher agricultural outputs in these regions.
Key Market Challenges
- Genetically Modified (GM) Crops: Advances in biotechnology have introduced pest-resistant GM seeds, reducing the reliance on traditional chemical pesticides.
- Pest Resistance: Over time, pests have developed resistance to various crop protection chemicals, leading to decreased efficacy of some active substances. This resistance arises from changes in pest metabolism, high reproduction rates, and uncontrolled pest populations.
Impact of the COVID-19 Pandemic
The pandemic significantly disrupted the global production and distribution of agrochemicals. China, a key producer of pesticide active ingredients, experienced factory shutdowns that caused supply shortages. Even as production resumed in early 2020, global lockdowns continued to restrict the movement of raw materials, leading to a decline in crop pesticide sales and market value.
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Geographic Insights
Although China is a major player, the European market is anticipated to grow at the fastest rate during the forecast period. This growth is fueled by:
- Increased preference for natural over synthetic products.
- Strong governmental support for sustainable farming practices.
- Rising consumer awareness of health concerns related to synthetic chemicals.
Key Market Players
Prominent companies driving the crop protection chemicals market include:
- BASF SE
- Bayer China Ltd
- Corteva Agriscience
- Jiangsu Huifeng Bio Agriculture Co. Ltd
- Jiangsu Yangnong Chemical Co. Ltd
China Crop Protection Chemicals Market Segmentation:
By Origin: Based on the Origin, China Crop Protection Chemicals Market is segmented as; Bio-Based, Synthetic.
By Product Type: Based on the Product Type, China Crop Protection Chemicals Market is segmented as; Fungicides, Herbicides, Insecticides, Other Product Types.
By Crop Type: Based on the Crop Type, China Crop Protection Chemicals Market is segmented as; Commercial Crops, Fruits and Vegetables, Grains and Cereals, Pulses and Oilseeds, Other Crop Types.
By Region: This research also includes data for East China, North and Northeast China, Northwest China, South Central China, Southwest China.
For More Information, refer to below link: –
China Agrochemicals Market Outlook
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