Crop Protection Chemicals Market Size, Growth | Global Forecast To 2030

Chemanalyst27 Feb, 2023Business

According to ChemAnalyst report, ?Crop protection chemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030?, crop protection chemicals market has shown normal growth in the past five years and is anticipated to achieve a CAGR of 4.55% during the forecast period. Surging population coupled with the advancement in farming techniques such as precision farming, smart plantation etc. and increasing demand of biobased crop protection chemicals is projected to drive the demand of crop protection chemicals for the forecast period. In addition, growing food security requirements in emerging economies like China and India is expected to push the demand further during the forecast period. Furthermore, declining arable land and the need for augmented agricultural productivity worldwide are other factors responsible for demand growth.