Market Size of asia pacific insecticide Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 12.19 Billion |
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Market Size (2029) | USD 14.77 Billion |
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Largest Share by Application Mode | Foliar |
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CAGR (2024 - 2029) | 3.91 % |
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Largest Share by Country | Indonesia |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Insecticide Market Analysis
The Asia Pacific Insecticide Market size is estimated at 12.19 billion USD in 2024, and is expected to reach 14.77 billion USD by 2029, growing at a CAGR of 3.91% during the forecast period (2024-2029).
12.19 Billion
Market Size in 2024 (USD)
14.77 Billion
Market Size in 2029 (USD)
5.75 %
CAGR (2017-2023)
3.91 %
CAGR (2024-2029)
Largest Segment by Application Mode
57.88 %
value share, Foliar, 2023
Foliar insecticide application provides a more targeted approach to control various insect pests like fall armyworms in major crops, resulting in market growth for foliar mode.
Largest Segment by Crop Type
49.34 %
value share, Grains & Cereals, 2023
Severe crop losses in major crops, including rice by brown plant hopper, and the need for higher production to meet food security needs have led to a rise in insecticide usage.
Largest Segment By Country
37.49 %
value share, Indonesia, 2023
The government is promoting precision agriculture to boost its GDP, as agriculture plays a significant role in the country's economy. This move will drive the crop protection chemicals market
Leading Market Player 1
8.14 %
market share, Syngenta Group, 2022
Syngenta invests more in expanding its product portfolio by adding new products like Spiropidion, Nelvium, and Evicent, resulting in the growth of company strength in the market.
Leading Market Player 2
6.19 %
market share, FMC Corporation, 2022
FMC strengthens its market growth with its expanding product portfolio by adding new products like Talstar Plus and Corprima to provide effective solutions in the region.
The market is being driven by growing yield losses due to increasing pest infestations
- In most of the countries in the region, agriculture has a key role to play and contributes substantially to GDP. Nevertheless, there is a significant risk to crop production due to the infestations of insects that result in reduced yields, financial losses for farmers, and concerns about food security. The diversity of climate and soil in Asia-Pacific allows for the cultivation of different crops.
- Various application methods are adopted in the region to manage insect infestation. The foliar application method occupied the highest share of 57.8% by value in 2022. It has been observed that the use of foliar spraying with chlorantraniliprole, emamectin benzoate, and spinetoram as part of an integrated pest management strategy has been quite effective in the region.
- The soil treatment method occupied the third highest share of 9.6% by value in 2022. It has been observed that insecticide application on soil appeared to be the easiest, safest, and most efficient way of controlling insects. In terms of agricultural pests, approximately 95% have passed some portion of their lives in the soil, and therefore, it is essential for them to be held underground, as already mentioned.
- Nevertheless, there are several drawbacks to the health of consumers, workers, and the environment from using foliar pesticides. Chemigation uses pesticides in soil with drip irrigation systems and may remove several drawbacks common to foliar insecticide applications. Chemigation occupied a share of 7.3% by value in 2022.
- Owing to the increase in research and innovation, which are aimed to bring out the safest and most effective method of application, the market is anticipated to register a CAGR of 3.86% during the forecast period (2023-2029).
The rising threat of pests with changing climate is contributing to the growth of the market
- Asia-Pacific accounted for 17.4% of the market share of the global insecticide market in 2022. Asia-Pacific is one of the important markets for insecticides due to its large agricultural sector and the prevalence of pests in the region. Insecticides are widely used in the region to protect crops from insects and pests, ensuring higher yields.
- Countries such as India, China, Japan, and Australia hold a substantial share of the market due to the wide adoption of insecticides to protect crops and the rise in awareness about the effects of insects on crop yield and productivity.
- The expansion of agriculture activities, such as adapting modern agriculture practices and increasing the area under agricultural cultivation, contributes to the market's growth. The region witnessed an increase in acreage under cultivation to 662.2 million hectares in 2022 from 624.5 million hectares in 2019. As agriculture increases, effective solutions are needed to protect crops from pests.
- The changing climate is leading to the spread of insect pests that can damage crops. Due to this, the demand for insecticides may increase in the coming years.
- China is expected to grow fastest in the region at a CAGR of 5.69% during the forecast period (2023-2029) because the farmers in the country are expected to increase the usage of insecticide owing to the rising threat of pests and increasing crop losses.
- The Asia-Pacific insecticide market is forecasted to record a CAGR of 3.86% during 2023-2029 due to the increasing demand for insecticides due to the expansion of the agriculture sector, the rising need to protect crops, and the changing climate.
Asia Pacific Insecticide Industry Segmentation
Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment are covered as segments by Application Mode. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type. Australia, China, India, Indonesia, Japan, Myanmar, Pakistan, Philippines, Thailand, Vietnam are covered as segments by Country.
- In most of the countries in the region, agriculture has a key role to play and contributes substantially to GDP. Nevertheless, there is a significant risk to crop production due to the infestations of insects that result in reduced yields, financial losses for farmers, and concerns about food security. The diversity of climate and soil in Asia-Pacific allows for the cultivation of different crops.
- Various application methods are adopted in the region to manage insect infestation. The foliar application method occupied the highest share of 57.8% by value in 2022. It has been observed that the use of foliar spraying with chlorantraniliprole, emamectin benzoate, and spinetoram as part of an integrated pest management strategy has been quite effective in the region.
- The soil treatment method occupied the third highest share of 9.6% by value in 2022. It has been observed that insecticide application on soil appeared to be the easiest, safest, and most efficient way of controlling insects. In terms of agricultural pests, approximately 95% have passed some portion of their lives in the soil, and therefore, it is essential for them to be held underground, as already mentioned.
- Nevertheless, there are several drawbacks to the health of consumers, workers, and the environment from using foliar pesticides. Chemigation uses pesticides in soil with drip irrigation systems and may remove several drawbacks common to foliar insecticide applications. Chemigation occupied a share of 7.3% by value in 2022.
- Owing to the increase in research and innovation, which are aimed to bring out the safest and most effective method of application, the market is anticipated to register a CAGR of 3.86% during the forecast period (2023-2029).
| Application Mode | |
| Chemigation | |
| Foliar | |
| Fumigation | |
| Seed Treatment | |
| Soil Treatment |
| Crop Type | |
| Commercial Crops | |
| Fruits & Vegetables | |
| Grains & Cereals | |
| Pulses & Oilseeds | |
| Turf & Ornamental |
| Country | |
| Australia | |
| China | |
| India | |
| Indonesia | |
| Japan | |
| Myanmar | |
| Pakistan | |
| Philippines | |
| Thailand | |
| Vietnam | |
| Rest of Asia-Pacific |
Asia Pacific Insecticide Market Size Summary
The Asia Pacific insecticide market is a significant segment within the global agricultural sector, driven by the region's extensive agricultural activities and the pressing need to combat pest infestations that threaten crop yields and food security. The market is characterized by a diverse range of application methods, with foliar application being the most prevalent due to its effectiveness in integrated pest management strategies. The region's varied climate and soil conditions support the cultivation of numerous crops, making insecticides essential for protecting these crops from pests. The market is witnessing a steady growth trajectory, fueled by advancements in research and innovation aimed at developing safer and more effective pest control solutions. Countries such as India, China, Japan, and Australia are key players in this market, leveraging insecticides to enhance agricultural productivity and mitigate the impact of pest-related losses.
The demand for insecticides in the Asia Pacific region is further amplified by the expansion of agricultural activities and the increasing prevalence of insect pests, exacerbated by climate change. This has led to a rise in per-hectare insecticide consumption, particularly in countries like Japan and Vietnam, where intensive crop production techniques are being adopted. The market is fragmented, with major companies like ADAMA Agricultural Solutions Ltd, Corteva Agriscience, FMC Corporation, Syngenta Group, and UPL Limited playing pivotal roles. The market dynamics are influenced by factors such as rising demand, import tariffs, and fluctuations in exchange rates, which affect the pricing of active ingredients like cypermethrin and imidacloprid. As the region continues to face challenges from pest infestations, the reliance on chemical insecticides is expected to persist, driving market growth in the coming years.
Asia Pacific Insecticide Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Application Mode
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1.1.1 Chemigation
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1.1.2 Foliar
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1.1.3 Fumigation
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1.1.4 Seed Treatment
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1.1.5 Soil Treatment
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1.2 Crop Type
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1.2.1 Commercial Crops
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1.2.2 Fruits & Vegetables
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1.2.3 Grains & Cereals
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1.2.4 Pulses & Oilseeds
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1.2.5 Turf & Ornamental
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1.3 Country
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1.3.1 Australia
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1.3.2 China
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1.3.3 India
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1.3.4 Indonesia
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1.3.5 Japan
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1.3.6 Myanmar
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1.3.7 Pakistan
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1.3.8 Philippines
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1.3.9 Thailand
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1.3.10 Vietnam
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1.3.11 Rest of Asia-Pacific
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Asia Pacific Insecticide Market Size FAQs
How big is the Asia Pacific Insecticide Market?
The Asia Pacific Insecticide Market size is expected to reach USD 12.19 billion in 2024 and grow at a CAGR of 3.91% to reach USD 14.77 billion by 2029.
What is the current Asia Pacific Insecticide Market size?
In 2024, the Asia Pacific Insecticide Market size is expected to reach USD 12.19 billion.
