Product Code: ETC025850 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Insecticides Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 11.41% in 2028, following an initial rate of 9.51%, before easing to 10.59% at the end of the period.
Vietnam's Insecticides market is anticipated to experience a high growth rate of 11.19% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam insecticides market has experienced substantial growth in recent years and is expected to continue its expansion from 2025 to 2031. The market`s growth can be attributed to the increasing demand for crop protection solutions, the expansion of agricultural activities, and the rising awareness about the importance of pest control in ensuring food security. As Vietnam agricultural sector continues to develop, the use of insecticides has become integral to safeguarding crops and enhancing agricultural productivity.
Vietnam has seen significant growth in agricultural activities, driven by increased demand for food and the government`s efforts to boost agricultural productivity. Insecticides play a crucial role in protecting crops from pests and diseases, leading to a rise in their adoption. The prevalence of various pests and diseases poses a significant threat to agricultural output. Insecticides offer an effective means to control pests, minimize crop losses, and ensure a stable food supply. With advancements in agricultural technologies, farmers are increasingly adopting modern farming practices. Integrated pest management strategies, which include the use of insecticides as part of a comprehensive approach, have gained popularity. The horticulture and floriculture sectors have witnessed considerable growth in Vietnam. Insecticides are vital in protecting high-value horticultural and ornamental crops from pests, contributing to market growth.
The use of chemical insecticides can have environmental implications, such as soil and water contamination and the potential harm to non-target organisms. As environmental awareness increases, there is a growing demand for more eco-friendly and sustainable pest control solutions. The insecticides market is subject to strict regulations and oversight by government authorities. Adhering to regulatory requirements and obtaining necessary licenses can pose challenges for manufacturers and distributors. Over time, pests may develop resistance to certain insecticides, reducing their effectiveness. Additionally, concerns about pesticide residues on food products may impact consumer confidence and influence market dynamics. Negative perceptions surrounding chemical insecticides, including concerns about health risks and ecological impacts, may influence public attitudes and influence policymakers` decisions.
The Covid-19 pandemic had a mixed impact on the Vietnam insecticides market. During the pandemic, disruptions in the supply chain and logistics posed challenges for manufacturers and distributors, leading to temporary shortages of insecticide products. However, the pandemic also highlighted the importance of food security, driving the government`s emphasis on agricultural productivity and crop protection. This increased focus on agriculture may have resulted in a rise in demand for insecticides to protect crops and ensure a stable food supply. Additionally, lockdowns and travel restrictions may have influenced changes in pest dynamics and agricultural practices, affecting the demand for specific types of insecticides. Farmers may have had to adapt their pest management strategies, leading to shifts in insecticide preferences.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Insecticides Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Insecticides Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Insecticides Market - Industry Life Cycle |
3.4 Vietnam Insecticides Market - Porter's Five Forces |
3.5 Vietnam Insecticides Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.6 Vietnam Insecticides Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
3.7 Vietnam Insecticides Market Revenues & Volume Share, By Forms, 2021 & 2031F |
4 Vietnam Insecticides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Insecticides Market Trends |
6 Vietnam Insecticides Market, By Types |
6.1 Vietnam Insecticides Market, By Crop Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Insecticides Market Revenues & Volume, By Crop Type, 2021-2031F |
6.1.3 Vietnam Insecticides Market Revenues & Volume, By Cereals & grains, 2021-2031F |
6.1.4 Vietnam Insecticides Market Revenues & Volume, By Oilseeds & pulses, 2021-2031F |
6.1.5 Vietnam Insecticides Market Revenues & Volume, By Fruits & vegetables, 2021-2031F |
6.1.6 Vietnam Insecticides Market Revenues & Volume, By Other crop types, 2021-2031F |
6.2 Vietnam Insecticides Market, By Formulation |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Insecticides Market Revenues & Volume, By Wettable powder, 2021-2031F |
6.2.3 Vietnam Insecticides Market Revenues & Volume, By Emulsifiable concentrate, 2021-2031F |
6.2.4 Vietnam Insecticides Market Revenues & Volume, By Suspension concentrate, 2021-2031F |
6.2.5 Vietnam Insecticides Market Revenues & Volume, By Oil emulsion in water, 2021-2031F |
6.2.6 Vietnam Insecticides Market Revenues & Volume, By Microencapsulated suspension, 2021-2031F |
6.2.7 Vietnam Insecticides Market Revenues & Volume, By Granules, 2021-2031F |
6.3 Vietnam Insecticides Market, By Forms |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Insecticides Market Revenues & Volume, By Sprays, 2021-2031F |
6.3.3 Vietnam Insecticides Market Revenues & Volume, By Baits, 2021-2031F |
6.3.4 Vietnam Insecticides Market Revenues & Volume, By Strips, 2021-2031F |
7 Vietnam Insecticides Market Import-Export Trade Statistics |
7.1 Vietnam Insecticides Market Export to Major Countries |
7.2 Vietnam Insecticides Market Imports from Major Countries |
8 Vietnam Insecticides Market Key Performance Indicators |
9 Vietnam Insecticides Market - Opportunity Assessment |
9.1 Vietnam Insecticides Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.2 Vietnam Insecticides Market Opportunity Assessment, By Formulation, 2021 & 2031F |
9.3 Vietnam Insecticides Market Opportunity Assessment, By Forms, 2021 & 2031F |
10 Vietnam Insecticides Market - Competitive Landscape |
10.1 Vietnam Insecticides Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Insecticides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |