Agrochemicals Market Research Report - Global Forecast till 2030

Agrochemicals Market Research Report by Type (Fertilizers, Pesticides, and others), Mode of Application (Foliar, Fertigation, and Others), Crop Type (Cereals & Grains, Oilseed & Pulses, Fruits & Vegetables and others) and Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2030

ID: MRFR/AGR/0759-HCR | September 2022 | Region: Global | 137 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of the Global Agrochemicals Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Agrochemicals Market, by Type

6.1 Introduction

6.2 Fertilizers

6.2.1 Market Estimates & Forecast, 2022–2030

6.2.2 Market Estimates & Forecast, by Region, 2022–2030

6.3 Pesticides

6.3.1 Market Estimates & Forecast, 2022–2030

6.3.2 Market Estimates & Forecast, by Region, 2022–2030

6.3.3 Herbicides

6.3.3.1 Market Estimates & Forecast, by Region, 2022–2030

6.3.4 Insecticides

6.3.4.1 Market Estimates & Forecast, by Region, 2022–2030

6.3.5 Fungicides

6.3.5.1 Market Estimates & Forecast, by Region, 2022–2030

6.3.6 Others

6.3.6.1 Market Estimates & Forecast, by Region, 2022–2030

6.4 Others

6.4.1 Market Estimates & Forecast, 2022–2030

6.4.2 Market Estimates & Forecast, by Region, 2022–2030

7. Global Agrochemicals Market, by Mode of Application

7.1 Introduction

7.2 Foliar

7.2.1 Market Estimates & Forecast, 2022–2030

7.2.2 Market Estimates & Forecast, by Region, 2022–2030

7.3 Fertigation

7.3.1 Market Estimates & Forecast, 2022–2030

7.3.2 Market Estimates & Forecast, by Region, 2022–2030

7.4 Others

7.4.1 Market Estimates & Forecast, 2022–2030

7.4.2 Market Estimates & Forecast, by Region, 2022–2030

8. Global Agrochemicals Market, by Crop Type

8.1 Introduction

8.2 Cereals & Grains

8.2.1 Market Estimates & Forecast, 2022–2030

8.2.2 Market Estimates & Forecast, by Region, 2022–2030

8.3 Oilseed & Pulses

8.3.1 Market Estimates & Forecast, 2022–2030

8.3.2 Market Estimates & Forecast, by Region, 2022–2030

8.4 Fruits & Vegetables

8.4.1 Market Estimates & Forecast, 2022–2030

8.4.2 Market Estimates & Forecast, by Region, 2022–2030

8.5 Others

8.5.1 Market Estimates & Forecast, 2022–2030

8.5.2 Market Estimates & Forecast, by Region, 2022–2030

9. Global Agrochemicals Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2022–2030

9.2.2 Market Estimates & Forecast, by Type, 2022–2030

9.2.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.2.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2022–2030

9.2.5.2 Market Estimates & Forecast, by Type, 2022–2030

9.2.5.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.2.5.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2022–2030

9.2.6.2 Market Estimates & Forecast, by Type, 2022–2030

9.2.6.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.2.6.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, 2022–2030

9.2.7.2 Market Estimates & Forecast, by Type, 2022–2030

9.2.7.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.2.7.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.3 Europe

9.3.1 Market Estimates & Forecast, 2022–2030

9.3.2 Market Estimates & Forecast, by Type, 2022–2030

9.3.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.3.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2022–2030

9.3.5.2 Market Estimates & Forecast, by Type, 2022–2030

9.3.5.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.2.5.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.3.6 France

9.3.6.1 Market Estimates & Forecast, 2022–2030

9.3.6.2 Market Estimates & Forecast, by Type, 2022–2030

9.3.6.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.3.6.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2022–2030

9.3.7.2 Market Estimates & Forecast, by Type, 2022–2030

9.3.7.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.3.7.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2022–2030

9.3.8.2 Market Estimates & Forecast, by Type, 2022–2030

9.3.8.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.3.8.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.3.9 UK

9.3.9.1 Market Estimates & Forecast, 2022–2030

9.3.9.2 Market Estimates & Forecast, by Type, 2022–2030

9.3.9.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.3.9.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2022–2030

9.3.10.2 Market Estimates & Forecast, by Type, 2022–2030

9.3.10.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.3.10.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2022–2030

9.4.2 Market Estimates & Forecast, by Type, 2022–2030

9.4.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.4.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2022–2030

9.4.5.2 Market Estimates & Forecast, by Type, 2022–2030

9.4.5.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.4.5.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2022–2030

9.4.6.2 Market Estimates & Forecast, by Type, 2022–2030

9.4.6.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.4.6.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2022–2030

9.4.7.2 Market Estimates & Forecast, by Type, 2022–2030

9.4.7.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.4.7.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2022–2030

9.4.8.2 Market Estimates & Forecast, by Type, 2022–2030

9.4.8.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.4.8.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2022–2030

9.4.9.2 Market Estimates & Forecast, by Type, 2022–2030

9.4.9.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.4.9.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.5 Rest of the World (RoW)

9.5.1 Market Estimates & Forecast, 2022–2030

9.5.2 Market Estimates & Forecast, by Type, 2022–2030

9.5.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.5.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.5.5 South America

9.5.5.1 Market Estimates & Forecast, 2022–2030

9.5.5.2 Market Estimates & Forecast, by Type, 2022–2030

9.5.5.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.5.5.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.5.6 The Middle East

9.5.6.1 Market Estimates & Forecast, 2022–2030

9.5.6.2 Market Estimates & Forecast, by Type, 2022–2030

9.5.6.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.5.6.4 Market Estimates & Forecast, by Crop Type, 2022–2030

9.5.7 Africa

9.5.7.1 Market Estimates & Forecast, 2022–2030

9.5.7.2 Market Estimates & Forecast, by Type, 2022–2030

9.5.7.3 Market Estimates & Forecast, by Mode of Application, 2022–2030

9.5.7.4 Market Estimates & Forecast, by Crop Type, 2022–2030

10. Company Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis

(Expansions/Mergers and Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

11. Company Profiles

11.1 Syngenta AG

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Bayer CropScience

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 BASF SE

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 Corteva

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Monsanto

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 United Phosphorus Limited

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 China National Chemical Corp

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 ADAMA Agricultural Solutions

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Nufarm Limited

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

11.10 Sumitomo Chemical

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Strategy

11.10.5 Key Developments

11.10.6 SWOT Analysis

11.11 The Mosaic Company

11.11.1 Company Overview

11.11.2 Financial Updates

11.11.3 Product/Business Segment Overview

11.11.4 Strategy

11.11.5 Key Developments

11.11.6 SWOT Analysis

11.12 Arysta LifeScience Corporation

11.12.1 Company Overview

11.12.2 Financial Updates

11.12.3 Product/Business Segment Overview

11.12.4 Strategy

11.12.5 Key Developments

11.12.6 SWOT Analysis

11.13 Crystal Crop Protection Pvt. Ltd.

11.13.1 Company Overview

11.13.2 Financial Updates

11.13.3 Product/Business Segment Overview

11.13.4 Strategy

11.13.5 Key Developments

11.13.6 SWOT Analysis

11.14 Yara

11.14.1 Company Overview

11.14.2 Financial Updates

11.14.3 Product/Business Segment Overview

11.14.4 Strategy

11.14.5 Key Developments

11.14.6 SWOT Analysis

11.15 Murugappa Group

11.15.1 Company Overview

11.15.2 Financial Updates

11.15.3 Product/Business Segment Overview

11.15.4 Strategy

11.15.5 Key Developments

11.15.6 SWOT Analysis

12. Conclusion

 

LIST OF TABLES

Table 1 Global Agrochemicals Market, by Region, 2022–2030 (USD Million)

Table 2 Global Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 3 Global Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 4 Global Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 5 North America: Agrochemicals Market, by Country, 2022–2030 (USD Million)

Table 6 North America: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 7 North America: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 8 North America: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 9 US: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 10 US: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 11 US: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 12 Canada: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 13 Canada: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 14 Canada: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 15 Mexico: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 16 Mexico: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 17 Mexico: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 18 Europe: Agrochemicals Market, by Country, 2022–2030 (USD Million)

Table 19 Europe: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 20 Europe: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 21 Europe: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 22 Germany: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 23 Germany: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 24 Germany: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 25 France: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 26 France: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 27 France: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 28 Italy: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 29 Italy: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 30 Italy: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 31 Spain: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 32 Spain: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 33 Spain: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 34 UK: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 35 UK: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 36 UK: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 37 Rest of Europe: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 38 Rest of Europe: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 39 Rest of Europe: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 40 Asia-Pacific: Agrochemicals Market, by Country, 2022–2030 (USD Million)

Table 41 Asia-Pacific: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 42 Asia-Pacific: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 43 Asia-Pacific: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 44 China: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 45 China: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 46 China: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 47 India: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 48 India: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 49 India: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 50 Japan: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 51 Japan: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 52 Japan: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 53 Rest of Asia-Pacific: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 54 Rest of Asia-Pacific: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 55 Rest of Asia-Pacific: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 56 Rest of the World (RoW): Agrochemicals Market, by Country, 2022–2030 (USD Million)

Table 57 Rest of the World (RoW): Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 58 Rest of the World (RoW): Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 59 Rest of the World (RoW): Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 60 South America: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 61 South America: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 62 South America: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 63 Middle East: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 64 Middle East: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 65 Middle East: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

Table 66 Africa: Agrochemicals Market, by Type, 2022–2030 (USD Million)

Table 67 Africa: Agrochemicals Market, by Mode of Application, 2022–2030 (USD Million)

Table 68 Africa: Agrochemicals Market, by Crop Type, 2022–2030 (USD Million)

 

LIST OF FIGURES

FIGURE 1 Global Agrochemicals Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Agrochemicals Market

FIGURE 4 Value Chain of Global Agrochemicals Market

FIGURE 5 Share of Global Agrochemicals Market in 2022, by Country (%)

FIGURE 6 Global Agrochemicals Market, by Region, 2022–2030,

FIGURE 7 Global Agrochemicals Market Size, by Type, 2022

FIGURE 8 Share of Global Agrochemicals Market, by Type, 2022–2030 (%)

FIGURE 9 Global Agrochemicals Market Size, by Crop Type, 2022

FIGURE 10 Share of Global Agrochemicals Market, by Crop Type, 2022–2030 (%)

FIGURE 11 Global Agrochemicals Market Size, by Mode of Application, 2022

FIGURE 12 Share of Global Agrochemicals Market, by Mode of Application, 2022–2030 (%)

Agrochemicals Market

Agrochemicals Market Size is anticipated to reach USD 458.78 Billion by 2030, registering a CAGR of 4.50% during 2022-2030.

Segmentation

Based on Type Pesticides Fertilizers
Based on Product Type Potassic Nitrogenous Phosphatic
Based on Crop Type Bifurcated Into Food Grains Cash Crops Plantation Crops Horticulture Crops
Based on Region North America Europe Asia Pacific Rest Of The World

Key Players

  • The Mosaic Company (US)
  • Bayer CropScience Limited (Germany)
  • The Dow Chemical Company (US)
  • BASF SE (Germany)
  • Monsanto Company (US)
  • Syngenta AG (Switzerland)
  • Adama Agricultural Solutions Ltd (Israel)
  • Nufarm Limited (Australia)
  • Arysta Lifescience Corporation (Japan)
  • Crystal Crop Protection Pvt. Ltd. (India)

Drivers

  • Growing adoption of agrochemicals in developing countries
  • The advanced technologies in the agriculture sector
Speak to Analyst Request a Free Sample

Agrochemicals Market Overview


According to the research reports by MRFR, the agrochemicals market is anticipated to register a healthy CAGR of over 4.50% during the assessment era. The report predicts that the market will attain a size of approximately USD 458.78 billion by the end of during the forecast 2022-2030.


Agrochemicals or agricultural chemicals refer to chemical products used in agriculture to support plant growth. The inorganic pesticides and fertilizers improve the crop's production. The primary function of agrochemicals is to manage the agricultural ecosystem, and the majority of these applications are used in agriculture. The global market for agrochemicals has registered enormous growth in the last few years. The market's growth is mainly credited to the rapid growth in the human population across the globe.


Furthermore, the factors such as scarcity of land and water, growing adoption of agrochemicals in developing countries, and advanced technologies in the agriculture sector are also anticipated to boost the market's growth over the forecasted era. Moreover, the growing effect of urbanization is also anticipated to catalyze the growth of the agrochemicals market over the coming years. On the other hand, the increasing environmental hazards from fertilizers and pesticides, growing usage of biofertilizers, and growing demand for organic food products are projected to impede the growth of the agrochemicals market over the coming years.


COVID-19 Analysis of Agrochemical Market


As the COVID-19 impacts the various sectors very badly, it shows a negative impact on the agrochemical market too for a while. Before the spread of the coronavirus, the crop protection sector, the agrochemical business is in high demand along with its increasing growth. For the benefits of the agrochemical products, most of the farmers are preferring in their farming to prevent the damaging of crops and to increase productivity.


But due to the spread of the COVID-19, the government has imposed the lockdown which leads to various disruptions to the agriculture sector like the supply chain disruptions, lack of labor, restriction for market access, transportation bans, and lack of inventories in some regions. Most of the fertilizer and pesticide manufacturers are also facing a lot of issues like shortage of raw materials and lack of manpower that results in the reduction of manufacturing agrochemical products. After the completion of lockdowns, the rules and regulations by the government are removed and the agricultural activities have normalized and they can deliver their products to their targets. Rapidly the growth towards the agrochemical global market increases.


Market Dynamics:



  • Drivers:


Currently, the global population is more than 7 billion and is increasing more. The increasing population needs more production of crops during the review period. Apart, scarcity of land and water is also demanding that people use fertilizers and pesticides that help in growing multiple crops in certain areas which propel the growth of the agrochemical market. The growing adoption of agrochemicals in developing countries leads to boost the market growth. The advanced technologies in the agriculture sector may increase the growth. The increased effect of urbanization demands the farmers to use various agrochemicals as fertilizers and pesticides in farming for gaining land productivity and to maintain soil health.



  • Restraint:


Growing environmental hazards from fertilizers and pesticides may restrain the growth of the agrochemicals market during the assessment period. The growing demand for organic food products and rising usage of biofertilizers are hindering chemical fertilizers consumption and hence declines the market growth.



  • Opportunities:


Owing to the overuse of land for agricultural productivity, the land may lose its nutrients which are important to the growth of the crop. Nitrogenous fertilizers can solve this problem and increases market growth. With increasing investments in the agricultural sector, there will be a chance to develop fertilizing technology to improve crop yield by avoiding the pest attack and diseases caused by them. These factors may have an opportunity to accelerate the agrochemical market growth.



  • Challenges:


The overuse of agrochemicals in farming causes environmental deterioration and is also a challenge to aquatic and terrestrial ecosystems.


Global Agrochemicals market segment fertilizers product, by type 2016, (%)
Agrochemicals Market Segment Fertilizers Product by type 2016
Agrochemical Market Research Report – Forecast to 2027


Segment Overview:


The global agrochemical market has been divided into segments based on type, product type, crop type, and region.


Based on Type


The global agrochemical market based on type is divided into two types as pesticides and fertilizers.


Based on Product Type


Based on the fertilizers product type, the agrochemical market is classified into three types as potassic, nitrogenous, and phosphatic. Out of these segments, nitrogenous fertilizers are expected to account for the largest share of their rising usage in farming. These are used in the production of ammonium nitrate and urea. These help in yield enhancement.


Based on the pesticides product type, the market is segmented into fungicides, insecticides, herbicides, and bio-pesticides. Among these pesticides, the herbicides segment is predicted to account for the significant share of its growing adoption across the world. As the lack of workers in the developing countries to hand weed fields, they are facing a lot of problems. Herbicides solve the problem of shortage of hand weeders and also increase crop yields.


Based on Crop Type


The agrochemical market by crop type is bifurcated into food grains, cash crops, plantation crops, and horticulture crops. Among them, the food grains segment is holding the largest agrochemical market share for the reason soil nutrient deficiencies may cause a reduction in yield production and less bioavailable nutrients in the crops like rice and other cereals. By using fertilizers, the rice crop yield increases and contains nutrients in harvested grains.


According to the report of the Food and Agriculture Organization of the United Nations, the production of cereal crops increases from 2000 to 2050 by 60%.


Based on Region


Regionally, the agrochemical market analysis is divided into Asia-Pacific, Europe, Latin America, North America, and the Middle East & Africa. Out of these regions, Asia-Pacific holds the significant market share for the presence of emerging economies like India and China which are highly subjected to farming and agro-based industries.


Regional Analysis


Globally, the agrochemical market region-wise is analyzed into Asia-Pacific, Latin America, North America, Europe, and the Middle East & Africa. Among these regions, Asia-Pacific is dominating the largest agrochemical market share for the presence of emerging economies like India and China which are mostly subjected to farming and agro-based industries and are highly populated for the food grain market. And is expected that the demand for food grains may accelerate the growth of the agrochemical global market in this region.


Moreover, these countries are the largest exporters and importers. The presence of the majority of the population in the Asia-Pacific region and the changing diet towards the globe are the major drivers to increase the growth in this region. The Middle East & Africa has emerged as the leading regions followed by Europe and North America. Due to the high consumption of bio-pesticides, growing food demand, and eco-friendly pesticides awareness, North America is anticipated to witness tremendous growth during the review period. Due to the growing expenditure in innovation and rising purchasing power of consumers, the demand for agrochemicals is expected to grow in various like Italy, Germany, Spain, France, U.K, and Russia.


Competitive Landscape


The prominent key players in the agrochemical market trends are the following:



  • The Mosaic Company (US)

  • Bayer CropScience Limited (Germany)

  • The Dow Chemical Company (US)

  • BASF SE (Germany)

  • Monsanto Company (US)

  • Syngenta AG (Switzerland)

  • Adama Agricultural Solutions Ltd (Israel)

  • Nufarm Limited (Australia)

  • Arysta Lifescience Corporation (Japan)

  • Crystal Crop Protection Pvt. Ltd. (India)


Recent Developments



  • March 2022- UPL Ltd has announced the merger with at least two American firms, FMC Corp. and CF Industries Holdings Inc., as an element of the group's plan to guarantee a fair distribution of businesses and assets among its members. Mumbai-based UPL, valued at over β‚Ή55,000 crores, is one of the biggest agrochemicals companies in the world. The firm manufactures specialty chemicals, chemical intermediates, and industrial chemicals and provides crop protection solutions. The firm's promoters are considering various options but inclining towards a merger because it may fetch much better value for their 28.24% stake and public shareholders.


Report Overview:


Globally, the agrochemical market research report includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market scenario includes the agrochemical market drivers, restraints, challenges, and opportunities. The agrochemical global market forecast segments are type, product type, crop type, and region.


Segmentation Table


The agrochemical global market outlook has been segmented globally based on the type, product type, crop type, and region.


By Type


Pesticides and fertilizers.


By Product Type


By fertilizers, segments are potassic, nitrogenous, and phosphatic and by pesticides, the segments are fungicides, insecticides, herbicides, and bio-pesticides.


By Crop Type


Cash crops, plantation crops, food grains, and horticulture crops.


By Region


Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are the four main geographies included in this market.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 458.78 Billion
  CAGR   4.50%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Mode of Application, Crop Type, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   The Mosaic Company (US), Bayer CropScience Limited (Germany), The Dow Chemical Company (US), BASF SE (Germany), Monsanto Company (US), Syngenta AG (Switzerland), Adama Agricultural Solutions Ltd (Israel), Nufarm Limited (Australia), Arysta Lifescience Corporation (Japan), Crystal Crop Protection Pvt. Ltd. (India)
  Key Market Opportunities   Owing to the overuse of land for agricultural productivity
  Key Market Drivers   Growing adoption of agrochemicals in developing countries, The advanced technologies in the agriculture sector


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

Agrochemicals market is expected to garner a revenue of USD 458.78 billion by 2030.

Leading players in the agrochemicals market include The Mosaic Company (US), Bayer CropScience Limited (Germany), The Dow Chemical Company (US), BASF SE (Germany), Monsanto Company (US), Syngenta AG (Switzerland), Adama Agricultural Solutions Ltd (Israel), Nufarm Limited (Australia), Arysta Lifescience Corporation (Japan), Crystal Crop Protection Pvt. Ltd. (India).

Asia-Pacific is expected to dominate the global agrochemicals Market.

Agrochemicals market is expected to exhibit a strong 4.50% CAGR over the forecast period from 2022 to 2030.