Pesticide Market Size | Industry Trends & Growth Insights 2025

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Code: MTA10292

Publication Date: Oct 2025

What is the size of Pesticide Market?

According to 6Wresearch internal database and industry insights, the Global Pesticide Market was valued at USD 83.7 Billion in 2024 and is expected to reach USD 112.4 Billion by 2031, growing at a compound annual growth rate of 5.50% during the forecast period (2025-2031).

The main drivers of this growth are the increasing demand for higher agricultural productivity, the expansion of commercial farming, the rising prevalence of pest infestations, and continuous development of bio-based and eco-friendly pesticide formulations that support sustainable agriculture.

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Growth Factors for Pesticide Industry

Escalating global population leading to increased needs for higher crop yields.
Increasing trend for bio-based and organic pesticides in sustainable production practices.
Increasing levels of pest resistance are creating innovation in new active ingredients.
Growing development in commercial and high-value crop production.
Government support for integrated pest management and food security.

Pesticide Market Trends

Pesticide market trends show a major shift towards bio-based and environmentally friendly pesticides due to environmental pressures and regulatory movements. Digital farming solutions with AI and precision spraying are improving application efficiency. Additionally, the rise of integrated pest management (IPM) practices is contributing to the adoption of selective and low-toxicity pesticide products.

Emerging Developments in the Pesticide Market

The Pesticide market developments show greater advances in biotechnology and nanotechnology for more effective and targeted pesticide formulations. Companies are investing in research and development (R&D) for microencapsulation and controlled-release products to reduce the negative impacts on the environment. There are also partnerships between Agri-chemical companies and technology firms in collective efforts to create smart pesticide application methods, to create better crop protection results.