Global Agrochemicals Market Size, Forecasts, And Opportunities – Includes Agrochemicals Market Research
Learn about the global agrochemicals market through The Business Research Company, which provides information on agrochemicals market size, agrochemicals market drivers and restraints, agrochemicals market players, the COVID-19 impact on the agrochemicals market, and more.
The global agrochemicals market size is expected to grow from $221.47 billion in 2021 to $238.63 billion in 2022 at a compound annual growth rate (CAGR) of 7.7%. The global agrochemical market size is expected to grow to $292.56 billion in 2026 at a CAGR of 5.2%.
The increasing population and consequent rise in food demand are expected to propel the growth of the agrochemicals market going forward.
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The agrochemical market consists of sales of agrochemicals by entities (organizations, sole traders, and partnerships) that are used on farmlands to improve the nutrients in the field or crops. Agrochemicals are pesticides, herbicides, or fertilizers that have been used for the management of ecosystems in agricultural sectors. Rudimentary variations of agrochemicals have been used for millennia to improve crop yields and control the populations of agricultural pests.
Global Agrochemicals Market Segments Include:
By Fertilizer Type: Nitrogen Fertilizer, Phosphatic Fertilizer, Potassic Fertilizer, Others
By Pesticide Type: Fungicides, Herbicides, Insecticides, Others
By Application: Crop Based, Non-Crop Based
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the agrochemicals market in 2021
Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the agrochemical market. Major companies operating in the agrochemicals sector are looking for partnerships to strengthen their position in the market.
Major Market Players: Adama Agricultural Solutions, Agrium Inc, BASF SE, Bayer AG, Yara International ASA, The Mosaic Company, Israel Chemical Company, FMC Corporation, E.I. du Pont Nemours and Company, Monsanto Company, Dow AgroSciences LLC, Land O’ Lakes Inc, Sumitomo Chemical Co Ltd, Zuari Agro Chemicals Ltd, Gharda Chemicals Limited, and Huntsman International LLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Agrochemicals Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides agrochemicals market overviews, analyzes and forecasts market size, share, agrochemicals market players, agrochemicals market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s agrochemicals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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