In 2022, the market value of insecticides worldwide was 19.5 billion U.S. dollars. It is forecast that the global insecticides market value will increase to 28.5 billion U.S. dollars by 2027.
Market value of insecticides worldwide in 2020 and 2022, with a forecast for 2023 and 2027
(in billion U.S. dollars)
*Forecast in January 2023 based on a CAGR of 7.4 percent compared to 2022.
**Forecast based on a CAGR of 7.8 percent from 2022-2028.
This statistic has been assembled using several editions of the press release from the source.
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BRC. (January 31, 2023). Market value of insecticides worldwide in 2020 and 2022, with a forecast for 2023 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/606103/value-of-the-global-insecticide-market/
BRC. "Market value of insecticides worldwide in 2020 and 2022, with a forecast for 2023 and 2027 (in billion U.S. dollars)." Chart. January 31, 2023. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/606103/value-of-the-global-insecticide-market/
BRC. (2023). Market value of insecticides worldwide in 2020 and 2022, with a forecast for 2023 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/606103/value-of-the-global-insecticide-market/
BRC. "Market Value of Insecticides Worldwide in 2020 and 2022, with a Forecast for 2023 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jan 2023, https://www.statista.com/statistics/606103/value-of-the-global-insecticide-market/
BRC, Market value of insecticides worldwide in 2020 and 2022, with a forecast for 2023 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/606103/value-of-the-global-insecticide-market/ (last visited September 19, 2024)
Market value of insecticides worldwide in 2020 and 2022, with a forecast for 2023 and 2027 (in billion U.S. dollars) [Graph], BRC, January 31, 2023. [Online]. Available: https://www.statista.com/statistics/606103/value-of-the-global-insecticide-market/