info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

Agrochemicals Market Accruals to Quadruple By 2030

Global Agrochemicals Market is predicted to reach USD 458.4 billion at a CAGR of 4.50% during the forecast period:


Market Research Future (MRFR) has published a cooked research report on the “Global Agrochemicals Market” that contains information from 2023 to 2030. The Global Agrochemicals Market is estimated to register a CAGR of 4.50% during the forecast period of 2023 to 2030.


MRFR recognizes the following agrochemical companies as the key players in the Global Agrochemicals Market— The Mosaic Company, Bayer CropScience Limited, The Dow Chemical Company, BASF SE, Monsanto Company, Syngenta AG, Adama Agricultural Solutions Ltd, Nufarm Limited, Arysta Lifescience Corporation and Crystal Crop Protection Pvt. Ltd. 


Agrochemicals Market Highlights


The Global Agrochemicals Market is accounted to register a CAGR of 4.50% during the forecast period and is estimated to reach USD 458.4 Billion by 2030.


The Global Agrochemicals Market refers to the worldwide market for agricultural chemicals or agrochemicals, which are chemical substances used in agricultural practices to enhance crop productivity and protect plants from pests, diseases, and weeds.


The Global Agrochemicals Market is driven by various factors, including the growing global population, increasing food demand, shrinking arable land, and the need for enhanced agricultural productivity. Farmers and agricultural producers rely on agrochemicals to protect their crops and maximize yields, thereby ensuring food security and economic stability.


Segment Analysis


The Global Agrochemicals Market has been segmented based on product type and crop type.


On the basis of product type, the market is segmented into potassic, nitrogenous and phosphatic. The nitrogenous fertilizers are used more frequently, the surrounding areas, particularly water bodies, suffer. This is propelling the market for agrochemicals, positively impacting the market growth.


Based on crop type, the market has been segmented into food grains, cash crops, plantation crops and horticulture crops. The total demand is expected to increased population, despite declining per capita direct consumption of food grains.  The majority of the increase is associated with wheat, as a result of upward revisions for Australia and the Russian Federation that increased the forecast for wheat.


Regional Analysis


The Global Agrochemicals Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Agrochemicals Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Agrochemicals Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Agrochemicals Market comprises of Middle East, Africa, and Latin America.


The North American agrochemicals market, including the United States and Canada, is characterized by advanced agricultural practices, high mechanization, and large-scale farming. The region has a significant demand for agrochemicals to support its extensive crop production, including corn, soybeans, wheat, and fruits.


Europe: Europe has a well-established agrochemicals market, with countries like Germany, France, the United Kingdom, and Spain being major consumers. Strict regulations on pesticide usage and a growing focus on organic farming and sustainable agriculture influence the market dynamics.


The Asia-Pacific region is a significant market for agrochemicals, driven by the large population, increasing food demand, and expanding agricultural practices. The market is characterized by a mix of small-scale and large-scale farming, diverse crop types, and varying regulatory environments.


Furthermore, the rest of the world's Global Agrochemicals Market is divided into the Middle East, Africa, and Latin America. Latin America is a major player in the global agrochemicals market, known for its extensive agricultural production and favorable climatic conditions.


Key Findings of the Study



  • The Global Agrochemicals Market is expected to reach USD 458.4 Billion by 2030, at a CAGR of 4.50% during the forecast period.

  • The Asia-Pacific region is a significant market for agrochemicals, driven by the large population, increasing food demand, and expanding agricultural practices. The market is characterized by a mix of small-scale and large-scale farming, diverse crop types, and varying regulatory environments.

  • Based on product type, the market is segmented into potassic, nitrogenous holding the largest market in 2022.

  • The Mosaic Company, Bayer CropScience Limited, The Dow Chemical Company, BASF SE, Monsanto Company, Syngenta AG, Adama Agricultural Solutions Ltd, Nufarm Limited, Arysta Lifescience Corporation and Crystal Crop Protection Pvt. Ltd. 

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Companies Covered 15
Pages 137
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.