Syngenta Group

Agrochemical Market Seen at $387.7B by 2031 as Resistance Spreads

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Agrochemical Market Seen at $387.7B by 2031 as Resistance Spreads

SHERIDAN – October 29, 2026 -- The global agrochemical market will reach US$387.7 billion by 2031, according to a new Wissen Research report. It attributes the growth to crop protection demand, shifting regulation and wider use of precision technologies such as agricultural drones.

Farmers are applying more product each year. The Food and Agriculture Organization (FAO) reported global agricultural pesticide use of 3.92 million tonnes of active ingredients in 2024. That is 5% above 2023 and 18% above the level a decade earlier. Repeated use of identical active ingredients also selects for resistant weeds, insects and pathogens, pushing growers toward alternative modes of action and rotation strategies.

Plant Growth Regulator Market to Hit $5.33B by 2031, MarketsandMarkets Says

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Plant Growth Regulator Market to Hit $5.33B by 2031, MarketsandMarkets Says

Delray Beach, Fla. – September 25, 2026 -- The global plant growth regulator market is valued at USD 3.72 billion in 2026 and is projected to reach USD 5.33 billion by 2031, expanding at a compound annual growth rate of 7.4%, according to MarketsandMarkets.

Asia Pacific outpaces global growth as regulators drive bio-based formulations

Asia Pacific is set to post the fastest regional CAGR at 8.8% between 2026 and 2031, fueled by a large agricultural base and rising use of crop-productivity inputs. Europe, led by Germany, France, Italy and Spain, holds a significant market share as regulatory pressure pushes suppliers toward bio-based and environmentally safe formulations for high-value fruit, vegetable and cereal production.