Pesticides, sometimes referred to as crop protection chemicals, are substances used to prevent, control, or get rid of pests that can damage crops and lower agricultural productivity. Due to their ability to shield crops from insects, weeds, diseases, and other harmful organisms, these chemicals are essential to modern agriculture.
According to SPER market research, ‘North America Crop Protection Chemicals Market- By Origin, By Type, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Crop Protection Chemicals Market is predicted to reach USD 34.16 billion by 2033 with a CAGR of 12.03%.
Demand for organic farming, harmful effects of chemical pesticides, rise in the interest in bio-products, pests and climate change - are major drivers behind growth in crop protection chemicals. Moreover, in order to increase agricultural productivity and expand the market, the countries in this region mainly concentrate on three factors: the expanding population, the reduction in the amount of arable land overall, and food security. This cleared the path for the recent rise in bio- pesticides. Because biological pesticides have a small environmental impact and are ecologically sustainable, they have become a significant category of crop protection agents. Apart from this, farmers are shifting their farms to organic cultivation practices, which has necessitated the use of bio-pesticides. Consequently, the demand for and production of bio-pesticides has increased due to the organic farming industry's quick adoption.
The other reason for rising demand for North America Crop Protection is prevalence of plant diseases and pests due to changing environmental and climate conditions. Climate change has a significant impact on crop productivity and insect susceptibility. Climate change makes crops more susceptible to various pests and diseases, reducing crop productivity. As a result, each change in the climate causes a shift in agricultural practices, resulting in lower output.
However, the increased resistance of pests towards certain crop protection chemicals is a major factor hindering the growth. There has been significant decline in quality in ingredients used in pesticide which has led to enhanced resistance to pests. This has led to change in metabolic pattern in insects, increasing reproductive rates and extreme pest increment. Also, there has been decline in crop protection due to regulatory regimes, number of chemicals being banned as well as due to unnatural weather pattern.
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The COVID-19 pandemic has led to a surge in interest in environmental solutions which are sustainable and more biological. There was a significant disparity in the number of workers needed for the production of bio-pesticides compared to the supply due to a temporary scarcity of migrant labourers combined with distribution bottlenecks. Although the COVID-19 pandemic temporarily slowed market growth, it is expected to spur investment—particularly in biological one—as people's interests in food security, sustainable crop production, and stronger supply chains grow.
Both globally and in North America, there is an increasing demand for organic farming. Growing higher-quality crops becomes essential due to growing awareness of improved farming methods and the US being one of the biggest exporters of particular crop categories. Many other large companies have introduced new herbicides, especially in the US and Canada, with specific properties meant for use with specific crops. Farmers in the area have been gradually switching to using eco-friendly, natural, and bio-insecticides as a result of growing awareness on how chemical pesticides cause to human health. Additionally, some of the market key players are Adama Agricultural Solutions Ltd., BASF SE, Bayer Crop Science, The Dow Chemical Company.
For More Information, refer to below link:-
North America Crop Protection Chemicals Market Outlook
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