Vietnam Pesticides Market By Type, By Form, By Product Type, By Crop Type, By Source, By Region, Competition Forecast & Opportunities, 2027

The Vietnam pesticides market is expected to grow at an impressive CAGR in the forecast period, 2023-2027. Pesticides are chemical substances used to eradicate pests or stop their reproduction in order to safeguard animals and agricultural crops. When pests invade farms, they can lower agricultural output quality and quantity, which lowers farm productivity. The damage is frequently borne by the farmers and results in food shortages as well as have an impact on their financial situation. The pests that must be eliminated to save the crops are fungi, insects, and undesirable herbs.

The market is driven by the factors such as growing food requirements and the need to secure the crops from getting infected by pests. The negative consequences of using crop protection products with chemical infusions, such as insecticides, fungicides, and herbicides on crops, are now well known to farmers. They have a negative impact on animal grazing over fodder, soil quality, soil aging, and nutrient content in agricultural areas. Therefore, the launch of eco-friendly products is expected to create numerous growth opportunities for the market players in the forecast period.

The Vietnam pesticides market is segmented into type, form, product type, crop type, source, competitive landscape, and regional distribution. Based on form, the market is bifurcated into liquid and dry forms. Dry forms are expected to capture the highest market share in the forecast period, 2023-2027. They are easily soluble in dry forms and have a longer shelf life than other forms.

The major market players operating in the Vietnam pesticides market are: Pesticides Joint Stock Company Vietnam (VIPESCO), Can Tho Fertilizer & Chemical Joint Stock Company, Baconco Vietnam Co., Ltd., Isagro Vietnam Co. Ltd., BASF Vietnam Company Limited, Vietnam Fumigation Joint Stock Company, Phu Nong Co., Ltd., UPL Vietnam Co., Ltd., Bayer Vietnam, Syngenta Vietnam Ltd.

Years considered for this report:

• Historical Years: 2017-2020
• Base Year: 2021
• Estimated Year: 2022E
• Forecast Period: 2023F-2027F

Objective of the Study:

• To analyze the historical growth in the market size of the Vietnam pesticides market from 2017 to 2021.

• To estimate and forecast the market size of Vietnam pesticides market from 2022E to 2027F and growth rate until 2027F.

• To classify and forecast the Vietnam pesticides market based on type, from, product type, crop type, source, region, and company.

• To identify the dominant region or segment in the Vietnam pesticides market.

• To identify drivers and challenges for the Vietnam pesticides market.

• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Vietnam pesticides market.

• To identify and analyze the profiles of leading players operating in the Vietnam pesticides market.

• To identify key sustainable strategies adopted by market players in Vietnam pesticides market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of the Vietnam pesticides market using a bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Market research and consulting firms

• Government bodies such as regulating authorities and policy makers

• Organizations, forums, and alliances

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Vietnam pesticides market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Vietnam Pesticides Market, By Type:

• Herbicides
  • Glyphosate
  • Dicamba
  • 2,4-D
  • Others
• Insecticides
  • Dimethoate
  • Cypermethrin
  • Lambda-Cyhalothrin
  • Others
• Fungicides
  • Propiconazole
  • Epoxiconazole
  • Tebuconazole
  • Others
• Others

Vietnam Pesticides Market, By Form:

• Liquid
• Dry

Vietnam Pesticides Market, By Product Type:

• Chemical
• Organic

Vietnam Pesticides Market, By Crop Type:

• Oilseeds & Pulses
• Grains & Cereals
• Fruits & Vegetables
• Others

Vietnam Pesticides Market, By Source:

• Domestic
• Import

Vietnam Pesticides Market, By Region:

• Northern Region
• Central Region
• Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Pesticides market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).