Value of the global crop protection market 2016-2023
The global market for crop protection products was worth about 77.85 billion U.S. dollars in 2023, as shown by this statistic. Crop protection products include pesticides, such as herbicides, insecticides, and fungicides, as well as biotechnology products, such as genetically modified crops. These products are used to protect crops from pests, diseases, and weeds, and to enhance crop quality and yield. The value of the global crop protection market has increased steadily from 2016 to 2023.