According to the Centre for Agriculture and Bioscience International (CABI), approximately 40% of global crop yields are lost annually to pests, pathogens, and weeds, including the highly destructive Fall Armyworm (FAW). Climate change has intensified these threats, jeopardizing essential crops like maize, wheat, bananas, and coffee. This poses significant challenges to household incomes, national economies, and global food security, underscoring the critical need for effective crop protection strategies to mitigate risks and enhance 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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