North America Insecticide Market Size

The North America insecticide market is projected to experience growth across all segments, driven by increasing demand for crop protection and enhanced agricultural productivity. The market's expansion is supported by the effectiveness of foliar applications and the rising popularity of seed treatment methods. The United States, with its advanced agricultural sector, plays a dominant role, while Mexico is anticipated to be the fastest-growing country in the region. Canada and the Rest of North America also show promising growth due to rising pest pressures and the economic benefits of pest management.

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Market Size of north america insecticide Industry

North America Insecticide Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 8.42 Billion
svg icon Market Size (2029) USD 10.60 Billion
svg icon Largest Share by Application Mode Foliar
svg icon CAGR (2024 - 2029) 4.72 %
svg icon Largest Share by Country United States

Major Players

North America Insecticide Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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North America Insecticide Market Analysis

The North America Insecticide Market size is estimated at 8.42 billion USD in 2024, and is expected to reach 10.60 billion USD by 2029, growing at a CAGR of 4.72% during the forecast period (2024-2029).

8.42 Billion

Market Size in 2024 (USD)

10.60 Billion

Market Size in 2029 (USD)

5.68 %

CAGR (2017-2023)

4.72 %

CAGR (2024-2029)

Largest Segment by Application Mode

56.31 %

value share, Foliar, 2023

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Foliar applications hold a major share of the insecticide market as they provide targeted applications, allowing farmers to focus on areas with high pest pressure.

Largest Segment by Crop Type

45.03 %

value share, Grains & Cereals, 2023

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Grains and cereals consume a large portion of insecticides as their production can be affected by various pests, including insects that feed on foliage, grains, and stems.

Largest Segment By Country

90.74 %

value share, United States, 2023

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Insecticides play a crucial role in the agricultural productivity of the United States due to the increased infestation of insects such as aphids, beetles, and caterpillars.

Leading Market Player 1

11 %

market share, FMC Corporation, 2022

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FMC has entered into a long-term agreement with UPL, under which FMC grants access to its insecticide active ingredient to use in UPL's product formulations.

Leading Market Player 2

8.71 %

market share, Corteva Agriscience, 2022

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Corteva Agriscience has launched a new insecticide, Lumivia CPL, in Canada for seed treatment with a new mode of action to control pest damage in the early season.

The rising pest challenges are expected to propel the growth of the market

  • The North American insecticide market accounted for 22.8% of the market value of the global insecticide market in 2022. The North American insecticide market is expected to witness growth in all segments. It is anticipated to register a CAGR of 4.7% during 2023-2029 due to the rising demand for crop protection and improved agriculture productivity.
  • Foliar applications held a significant value share in the insecticide market of North America, accounting for 56.3% in 2022 due to their effectiveness in controlling insect pests.
  • The chemigation segment accounted for 7.6% of North America's insecticide market value in 2022. The insecticide market in the chemigation segment is driven by its potential benefits, including the precise and uniform application of insecticides, reduced labor costs, and enhanced pest control efficacy.
  • The seed treatment method has been gaining popularity in the region, and it is expected to be one of the fastest-growing segments at a CAGR of 4.9% in the insecticide market during the forecast period (2023-2029). Seed treatment involves coating seeds with insecticides before planting, which provides protection to emerging seedlings from early pest pressures and diseases. It has become an attractive option for farmers due to its targeted and efficient approach to pest management.
  • The insecticide market in the soil treatment segment is anticipated to register a CAGR of 4.6% during 2023-2029. The growth in soil treatment can be attributed to its advantages, such as providing long-lasting protection against certain pests and promoting better pest management by targeting insects at different stages of their life cycles.
North America Insecticide Market

Increasing pest pressure, expansion of cultivation, and rising demand for quality produce are driving the growth of the market

  • North America accounted for a 22.8% share in 2022 of the global insecticide market. The region is witnessing significant growth due to the increasing demand for crop protection solutions. Factors such as growing population, rising food demand, expanding agricultural activities, and the increasing need to protect crops from insect pests are driving the market.
  • The United States is a dominant player in the North American insecticide market. It has one of the largest and most technologically advanced agricultural sectors in the world, producing a wide range of crops and commodities. As a result, the US demand for insecticides to protect crops from damaging pests and insects has been substantial.
  • Mexico is expected to register a CAGR of 6.2% during the forecast period (2023-2029), making it the fastest-growing country in the North American insecticide market. The growing agricultural activities, a diverse range of crops, and changing climatic conditions are driving the use of insecticides in Mexico to protect crops and ensure optimal yields.
  • Canada is anticipated to register a CAGR of 3.0% during the forecast period (2023-2029). The rising pest pressure in significantly cultivated crops and the growing need to protect crops from insect pests are anticipated to fuel the growth of the Canadian insecticide market.
  • The insecticide market in the Rest of North America was valued at USD 65.5 million in 2022. The fruit and vegetable crops segment dominated the market, with a 4.3% market share in the same year. The market in this regional segment is being driven by the growing awareness of the economic benefits of protecting crops from insect pests. As a result, the Rest of North America insecticide market is expected to register a CAGR of 4.7% during the forecast period (2023-2029).

North America 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. Canada, Mexico, United States are covered as segments by Country.

  • The North American insecticide market accounted for 22.8% of the market value of the global insecticide market in 2022. The North American insecticide market is expected to witness growth in all segments. It is anticipated to register a CAGR of 4.7% during 2023-2029 due to the rising demand for crop protection and improved agriculture productivity.
  • Foliar applications held a significant value share in the insecticide market of North America, accounting for 56.3% in 2022 due to their effectiveness in controlling insect pests.
  • The chemigation segment accounted for 7.6% of North America's insecticide market value in 2022. The insecticide market in the chemigation segment is driven by its potential benefits, including the precise and uniform application of insecticides, reduced labor costs, and enhanced pest control efficacy.
  • The seed treatment method has been gaining popularity in the region, and it is expected to be one of the fastest-growing segments at a CAGR of 4.9% in the insecticide market during the forecast period (2023-2029). Seed treatment involves coating seeds with insecticides before planting, which provides protection to emerging seedlings from early pest pressures and diseases. It has become an attractive option for farmers due to its targeted and efficient approach to pest management.
  • The insecticide market in the soil treatment segment is anticipated to register a CAGR of 4.6% during 2023-2029. The growth in soil treatment can be attributed to its advantages, such as providing long-lasting protection against certain pests and promoting better pest management by targeting insects at different stages of their life cycles.
Application Mode
Chemigation
Foliar
Fumigation
Seed Treatment
Soil Treatment
Crop Type
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
Turf & Ornamental
Country
Canada
Mexico
United States
Rest of North America
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North America Insecticide Market Size Summary

The North American insecticide market is poised for significant growth, driven by the increasing demand for crop protection and enhanced agricultural productivity. The market is characterized by a diverse range of application methods, with foliar applications holding a substantial share due to their effectiveness in pest control. The chemigation segment is gaining traction for its precise and efficient application benefits, while seed treatment is emerging as a rapidly growing method, offering targeted protection to seedlings. Soil treatment is also expected to see steady growth, providing long-lasting pest protection. The region's market expansion is fueled by factors such as a growing population, rising food demand, and the need to safeguard crops from pest infestations, particularly in the United States, Mexico, and Canada.

The United States dominates the North American insecticide market, supported by its advanced agricultural sector and substantial crop production. Mexico is anticipated to be the fastest-growing country in the region, driven by expanding agricultural activities and the need to combat pest-related yield losses. Canada is also experiencing growth due to rising pest pressures on cultivated crops. The market is fragmented, with major players like Bayer AG, Corteva Agriscience, FMC Corporation, Nufarm Ltd, and Syngenta Group leading the charge. These companies are actively engaging in partnerships and technological advancements to develop eco-friendly and effective pest management solutions, reflecting the industry's ongoing innovation and adaptation to changing agricultural needs.

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North America Insecticide Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Application Mode

      1. 1.1.1 Chemigation

      2. 1.1.2 Foliar

      3. 1.1.3 Fumigation

      4. 1.1.4 Seed Treatment

      5. 1.1.5 Soil Treatment

    2. 1.2 Crop Type

      1. 1.2.1 Commercial Crops

      2. 1.2.2 Fruits & Vegetables

      3. 1.2.3 Grains & Cereals

      4. 1.2.4 Pulses & Oilseeds

      5. 1.2.5 Turf & Ornamental

    3. 1.3 Country

      1. 1.3.1 Canada

      2. 1.3.2 Mexico

      3. 1.3.3 United States

      4. 1.3.4 Rest of North America

North America Insecticide Market Size FAQs

The North America Insecticide Market size is expected to reach USD 8.42 billion in 2024 and grow at a CAGR of 4.72% to reach USD 10.60 billion by 2029.

In 2024, the North America Insecticide Market size is expected to reach USD 8.42 billion.

North America Insecticide Market Report Snapshots