Market Research Crop Protection Chemicals Market Is Expected to Re
Crop Protection Chemicals Market Is Expected to Reach USD 77.53
Billion By 2022
The global crop protection chemicals market is expected to grow at a CAGR of 5.5% from 2017 to
2022 to reach USD 77.53 billion by 2022, according to the latest publication from Meticulous
Research®. The report provides in-depth analysis of crop protection chemicals market in four major
geographies with country level analysis and emphasizes on the current market trends, market size,
market share, recent developments, and forecast till 2022. The study offers a comprehensive analysis
of crop protection chemicals market by type, use, crop types, application, form, and geography.
Growth of crop protection chemicals market is primarily attributed to the rising need to ensure food
safety of growing population across the globe. World population is expected to grow by 2.3 billion
people, between 2009 and 2050. While there is significant drop in the amount of land being used for
the agricultural practices in developed countries, according to FAO, arable land in developed
countries is expected to decline by 8% by 2050. This would create additional burden on the
agricultural sector to increase the production significantly.
Technological advancements in terms of advanced application methods also aids in the growth of
crop protection chemicals market. However, there is a rising concern about the chemical residues in
the food and harmful environmental effects of some of the crop protection chemicals which results
in banning or prohibiting the use of certain chemicals in agriculture. For instance, the most commonly
used crop protection chemical DDT was banned when it was discovered that it has impacted the
reproduction ability of several fish-eating birds.
Browse In-Depth report on: https://www.meticulousresearch.com/product/crop-protection-
chemicals-market-global-forecast-to-2022/