Microencapsulated Pesticides Market Size was valued at USD 290.78 billion in 2023. The Microencapsulated Pesticides Market industry is anticipated to grow from USD 315.20 billion in 2024 to USD 618.74 billion by 2032, exhibiting a CAGR of 8.80% during the forecast period (2024-2032). Pest is a term used for insects or any other organisms which are generally harmful to crops and animals. Many pests attack plants to feed on them. The direct cause damage to plants by feeding on foliage and burrow in stem, roots, and fruits, which may result in the death of the plant. Some pests act as a transmitter of bacterial, fungal or viral infection in plants such as aphids causing viral disease in sugar beets and potatoes. Many pests are an animal parasite, which results in a reduced yield of livestock or death of the animal. Hence it is critically important to manage and kill pests.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 290.78 Billion |
| Market Size 2024 | USD 315.20 Billion |
| Market Size 2032 | USD 618.74 Billion |
| Compound Annual Growth Rate (CAGR) | 8.80% (2024-2032) |
| Base Year | 2024 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Market Forecast Units | Value (USD million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, Technology, Crop Type, Mode of Application, and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea |
| Key Companies Profiled | BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), ADAMA Agricultural Solutions Ltd. (Israel), Belchim Crop Protection (Belgium), Reed Pacific Pty Limited (Australia), UPL Corporation Ltd. (India), EcoSafe Natural Products Inc. (Canada), GAT Microencapsulation Gmbh (Austria), China National Chemical Corporation (China), McLaughlin Gormley King Company (US), and BotanoCap Ltd. (Israel) |
| Key Market Opportunities | Used for insects or any other organisms which are generally harmful to crops and animals |
| Key Market Drivers | Used to increase the efficiency of pesticides, Most suitable options in the no-tillage farming system |
Microencapsulated Pesticides Market Highlights:
Frequently Asked Questions (FAQ) :
Microencapsulated pesticides market is expected to reach USD 618.74 million by 2032.
Microencapsulated pesticides market is expected to exhibit a strong 8.80% CAGR over the forecast period from 2024 to 2032.
Leading players in the microencapsulated pesticides market BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), McLaughlin Gormley King Company (US), and BotanoCap Ltd. (Israel), among others.
Major applications of microencapsulated pesticides market include foliar spray, fertigation, and others.
Used to increase the efficiency of pesticides and most suitable options in the no-tillage farming system is a major driver for the microencapsulated pesticides market.
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