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