Thailand Agrochemical and Pesticide Market Size, Share, 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Thailand agrochemical and pesticide market size at USD 869.21 million in 2022. During the forecast period between 2023 and 2029, Thailand agrochemical and pesticide market size is expected to grow at a CAGR of 5.12% reaching a value of USD 1,023.16 million by 2029. The rising adoption of biopesticides and organic agricultural practices is a major element driving the expansion of Thailand's agrochemical and pesticide business. This transition is being driven by growing concerns about environmental sustainability and customer demand for pesticide-free vegetables. Another trend is the increased emphasis on integrated pest management (IPM) strategies, which advocate a balanced approach to pest control through the use of cultural, biological, and chemical treatments. There has been an increased emphasis on the research and development of novel pesticide formulati...