Opportunities and Risks in the Crop Protection Chemicals Market
The Centre for Agriculture and Bioscience International (CABI) reports that around 40% of global crop yields are lost each year to pests, pathogens, and weeds, including the destructive Fall Armyworm (FAW). Climate change has exacerbated these threats, endangering key crops such as maize, wheat, bananas, and coffee, with far-reaching impacts on household incomes, national economies, and global food security. These challenges highlight the importance of effective crop protection solutions in mitigating risks and ensuring agricultural resilience.
The crop protection chemicals market is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2034. Following this growth trajectory, the market is projected to reach USD 72,356.82 million by 2034, up from an estimated USD 51,583.52 million in 2024.
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The Centre for Agriculture and Bioscience International (CABI) reports that around 40% of global crop yields are lost each year to pests, pathogens, and weeds, including the destructive Fall Armyworm (FAW). Climate change has exacerbated these threats, endangering key crops such as maize, wheat, bananas, and coffee, with far-reaching impacts on household incomes, national economies, and global food security. These challenges highlight the importance of effective crop protection solutions in mitigating risks and ensuring agricultural resilience.
The crop protection chemicals market is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2034. Following this growth trajectory, the market is projected to reach USD 72,356.82 million by 2034, up from an estimated USD 51,583.52 million in 2024.
Request Sample Copy: https://wemarketresearch.c...
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