Global Insecticides Market Size & Outlook, 2022-2030
Global insecticides market, 2018-2030 (US$M)
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Global insecticides market highlights
- The global insecticides market generated a revenue of USD 11,753.4 million in 2022 and is expected to reach USD 18,537.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.9% by 2030.
- In terms of segment, cereals & grains accounted for a revenue of USD 4,915.3 million in 2022.
- Fruits & Vegetables is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Latin America was the largest revenue generating market in 2022.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 11,753.4 million |
| Market revenue in 2030 | USD 18,537.6 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Cereals & grains |
| Fastest growing segment | Fruits & Vegetables |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables |
Other key industry trends
- In terms of revenue, the North America accounted for 18.1% of the global insecticides market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 101.6 million by 2030.
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Insecticides Market Scope
Insecticides Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global insecticides market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insecticides market will help companies and investors design strategic landscapes.
Cereals & grains was the largest segment with a revenue share of 41.82% in 2022. Horizon Databook has segmented the Global insecticides market based on cereals & grains, oilseeds & pulses, fruits & vegetables covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Insecticides Application Outlook (Revenue, USD Million, 2018-2030)
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
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Our clientele includes a mix of insecticides market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global insecticides market , including forecasts for subscribers. This global databook contains high-level insights into Global insecticides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global insecticides market size, by region, 2018-2030 (US$M)
Top 10 countries: Insecticides market size, 2022 (US$M)
Global insecticides market share, by application, 2022 & 2030 (%, US$M)
Insecticides market: Opportunity assessment by country
Global insecticides market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 3,248.0 | 3,523.0 | 3,523.6 | 3,663.5 | 3,836.2 | 4,025.6 | 4,229.3 | 4,448.4 | 4,684.4 | 4,938.6 | 5,212.6 | 5,508.3 | 5,827.5 | 5.3% |
| Europe | 2,102.8 | 1,918.4 | 2,044.4 | 2,119.2 | 2,199.8 | 2,288.8 | 2,384.4 | 2,487.1 | 2,597.5 | 2,716.2 | 2,844.0 | 2,981.6 | 3,129.9 | 4.4% |
| North America | 1,993.7 | 1,974.7 | 1,949.6 | 2,032.5 | 2,124.0 | 2,225.0 | 2,334.2 | 2,452.3 | 2,580.0 | 2,718.4 | 2,868.2 | 3,030.7 | 3,207.0 | 5.2% |
| MEA | 488.3 | 482.9 | 485.9 | 508.5 | 532.8 | 558.9 | 586.4 | 615.5 | 646.1 | 678.5 | 712.5 | 748.4 | 786.3 | 4.9% |
| Asia Pacific | 2,877.7 | 2,810.3 | 2,679.3 | 2,860.1 | 3,060.6 | 3,283.1 | 3,526.8 | 3,794.1 | 4,087.6 | 4,410.2 | 4,765.1 | 5,155.9 | 5,586.9 | 7.7% |
| Overall | 10,710.5 | 10,709.3 | 10,682.7 | 11,183.7 | 11,753.4 | 12,381.4 | 13,061.1 | 13,797.4 | 14,595.6 | 15,461.8 | 16,402.5 | 17,425.0 | 18,537.6 | 5.9% |
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