Pesticide Preparations Market Size Estimated to Reach $165.3bn by 2025
"The Increase in the Demand for Bio Pesticides and Increase in the Adoption of Genetically Modified (GM) Crops Are Creating Higher Opportunities for the Growth of Market for the Forecast Period 2020-2025." Pesticide Preparations Market size is estimated to reach $165.3bn by 2025, growing at a CAGR of 11.5% during the forecast period 2020-2025. Pesticides are substances that help to control pests, including weeds. Most Pesticides are intended to serve as plant protection products, which in general, protect plants from weeds, fungi, or insects. Increase in the demand for food across the world, growing demand for bio pesticides, increase in the adoption of herbicide-resistant crops, growing acceptance of new farming practices and increase in the adoption of genetically modified (GM) crops are the factors that are set to drive the growth of the global market for the forecast period 2020-2025. By Type- Segment Analysis Based on the Type, the Chemical Pesticide segment held the ...