Insecticides Market

By Type;

Organophosphates and Pyrethroids

By Product;

Systematic Insecticide, Ingested Insecticide and Contact Insecticide

By Form;

Sprays, Baits and Strips

By Application;

Cereals & Grains and Oil Seeds & Pulses

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn765016236 Published Date: August, 2025 Updated Date: September, 2025

Insecticides Market Overview

Insecticides Market (USD Million)

Insecticides Market was valued at USD 24,785.47 million in the year 2024. The size of this market is expected to increase to USD 37,763.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Insecticides Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 24,785.47 Million
Market Size (2031)USD 37,763.20 Million
Market ConcentrationMedium
Report Pages353
24,785.47
2024
37,763.20
2031

Major Players

  • AMVAC Chemical Corp.
  • UPL Ltd.
  • Bayer AG
  • BASF SE
  • FMC Corp.
  • Corteva Agriscience
  • Nufarm Ltd.
  • Bioworks, Inc.
  • Syngenta Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Insecticides Market

Fragmented - Highly competitive market without dominant players


The Insecticides Market is an essential segment of modern agriculture, ensuring crops are safeguarded against destructive pests. Rising food consumption needs have fueled stronger reliance, with over 40% of agricultural practices utilizing insecticides to limit crop losses. Their widespread role in protecting yields underlines their importance in global farming systems.

Key Market Drivers
Growing demand for higher productivity has significantly strengthened the use of insecticides. More than 55% of farmers prefer synthetic solutions for their fast and targeted impact on infestations. At the same time, eco-conscious innovations are gaining traction, with adoption levels surpassing 30%, signaling the sector’s gradual move toward sustainable practices.

Importance of Insecticides
Uncontrolled pest attacks can result in crop damage of nearly 35%, reinforcing the value of insecticide use. With close to 50% adoption across farming communities, these products are seen as indispensable tools to secure long-term agricultural output. Their integration within modern pest management strategies highlights their evolving role in balanced farming.

Outlook
The insecticides market shows strong growth potential, backed by adoption levels above 45% across multiple crop categories. The dual focus on innovation and sustainability positions the industry as a crucial driver of resilient farming. With these advancements, insecticides will continue serving as a backbone of agricultural productivity.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Form
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Insecticides Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Food Security
        2. Advancements in Insecticide Formulations
        3. Increasing Adoption of Integrated Pest Management (IPM)
        4. Expansion of Agriculture into New Territories
      2. Restraints
        1. Stringent Regulations
        2. Development of Pest Resistance
        3. Growing Concerns About Environmental Impact
        4. High Costs Associated with Research and Development
      3. Opportunities
        1. Increasing Demand for Organic Products
        2. Technological Advancements in Application Techniques
        3. Emerging Markets in Developing Countries
        4. Focus on Sustainable Agriculture
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Insecticides Market, By Type, 2021 - 2031 (USD Million)
      1. Organophosphates
      2. Pyrethroids
    2. Insecticides Market, By Product, 2021 - 2031 (USD Million)
      1. Systematic Insecticide
      2. Ingested Insecticide
      3. Contact Insecticide
    3. Insecticides Market, By Form, 2021 - 2031 (USD Million)
      1. Sprays

      2. Baits

      3. Strips

    4. Insecticides Market, By Application, 2021 - 2031 (USD Million)
      1. Cereals & Grains
      2. Oil Seeds & Pulses
    5. Insecticides Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AMVAC Chemical Corp.
      2. UPL Ltd.
      3. Bayer AG
      4. BASF SE
      5. FMC Corp.
      6. Corteva Agriscience
      7. Nufarm Ltd.
      8. Bioworks, Inc.
      9. Syngenta Group
  7. Analyst Views
  8. Future Outlook of the Market