The Agrochemicals Market is expected to register a CAGR of 4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by product type (fertilizers, pesticides, plant growth regulators, and others). The report further presents analysis based on crop type (cereals and grains, fruits and vegetables, oilseeds and pulses, and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Agrochemicals Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Agrochemicals Market Segmentation
Product type- Fertilizers
- Pesticides
- Plant growth regulators
- Cereals and Grains
- Fruits and Vegetables
- Oilseeds and Pulses
- Foliar Spray
- Soil Treatment
- Seed Treatment
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Agrochemicals Market Growth Drivers- Rising Global Population Driving Increased Agrochemical Consumption: The rising global population and the increasing need for food are the key factors driving global consumption of agrochemicals. Economically, farmers have to raise more crops as demand is getting high and this often leads to use of agrochemicals to raise productivity.
- Urbanization and Land Shortage Boosting Demand for Agrochemicals: With urban and industrial expansion shortening the supply of arable land, it has become increasingly important to increase output from the existing land. This is where agrochemicals come in handy by facilitating intensive cultivation on the available small acreage.
- Emerging Pest Strains Fueling Innovation and Research in Agrochemicals: New infestations of crops and new strains of pests that can resist the already available chemicals call for constant change in the agrochemicals that are used, hence increasing the research work in the industry.
- Growing Popularity of Biological and Natural Agrochemical Products: The use of biological and natural products occurring in nature in agriculture is gaining momentum. Some of these biological agents are biopesticides, biostimulants, and other bio-based products, which are becoming more widely used owing to their safety and environmental advantages.
- Integration of Precision Agriculture Technologies with Agrochemicals: One of the foremost trends has been the application of agrochemicals in conjunction with precision agriculture technologies. Smart spraying equipment, drone application systems, and chemical usage management AI systems are some of the innovations that come within this definition.
- Nanoformulations Enhancing Agrochemical Performance and Sustainability: The use of nanoformulations of agrochemicals is something new. This provide advantages like better performance, controlled release and less pollution.
- Customizing Agrochemicals for Precision Agriculture Growth: There is a substantial scope for developing agrochemicals which will be customized for precision agriculture. These include the formulations which can work with variable rate application systems, drone spraying systems, and AI enabled farm management systems.
- Rising Demand for Biological and Hybrid Agrochemicals in Sustainable Agriculture: Opportunities these days are also for biological agrochemicals and their hybrids as the trend is with sustainable agriculture.
- Developing Agrochemicals to Combat Climate Change and Extreme Weather: Global warming in agriculture breeds the opportunity to create specific types of agrochemicals engineered to counter extreme weathers for crops.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Agrochemicals Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Agrochemicals Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Biopesticides and bio-based solutions is expected to be the key market trends
Based on product type, the fertilizers segment is expected to witness the fastest growth during the forecast period
Based on geography, Asia Pacific held the largest share of the agrochemicals market due to the well-established agriculture industry across the region, coupled with continuous growth and development
Growing global population is driving the market growth
Bayer CropScience; Syngenta; BASF; Corteva Agriscience; UPL Limited; FMC Corporation; Nufarm;Adama Agricultural Solutions; Sumitomo Chemical; Nutrien; Nippon Soda; Coromandel International; Isagro S.p.A.; Nissan Chemical Corporation; Rallis India
The Agrochemicals Market is estimated to witness a CAGR of 4% from 2023 to 2031
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Agrochemicals Market - By Pesticide Type
1.3.2 Agrochemicals Market - By Crop Application
1.3.3 Agrochemicals Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AGROCHEMICALS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. AGROCHEMICALS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AGROCHEMICALS MARKET - GLOBAL MARKET ANALYSIS
6.1. AGROCHEMICALS - GLOBAL MARKET OVERVIEW
6.2. AGROCHEMICALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AGROCHEMICALS MARKET - REVENUE AND FORECASTS TO 2028 - PESTICIDE TYPE
7.1. OVERVIEW
7.2. PESTICIDE TYPE MARKET FORECASTS AND ANALYSIS
7.3. FERTILIZERS
7.3.1. Overview
7.3.2. Fertilizers Market Forecast and Analysis
7.4. PESTICIDES (HERBICIDES
7.4.1. Overview
7.4.2. Pesticides (Herbicides Market Forecast and Analysis
7.5. INSECTICIDES
7.5.1. Overview
7.5.2. Insecticides Market Forecast and Analysis
7.6. FUNGICIDES
7.6.1. Overview
7.6.2. Fungicides Market Forecast and Analysis
7.7. OTHERS)
7.7.1. Overview
7.7.2. Others) Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. AGROCHEMICALS MARKET - REVENUE AND FORECASTS TO 2028 - CROP APPLICATION
8.1. OVERVIEW
8.2. CROP APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CEREALS AND GRAINS
8.3.1. Overview
8.3.2. Cereals and Grains Market Forecast and Analysis
8.4. OILSEEDS AND PULSES
8.4.1. Overview
8.4.2. Oilseeds and Pulses Market Forecast and Analysis
8.5. FRUITS AND VEGETABLES
8.5.1. Overview
8.5.2. Fruits and Vegetables Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. AGROCHEMICALS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Agrochemicals Market Overview
9.1.2 North America Agrochemicals Market Forecasts and Analysis
9.1.3 North America Agrochemicals Market Forecasts and Analysis - By Pesticide Type
9.1.4 North America Agrochemicals Market Forecasts and Analysis - By Crop Application
9.1.5 North America Agrochemicals Market Forecasts and Analysis - By Countries
9.1.5.1 United States Agrochemicals Market
9.1.5.1.1 United States Agrochemicals Market by Pesticide Type
9.1.5.1.2 United States Agrochemicals Market by Crop Application
9.1.5.2 Canada Agrochemicals Market
9.1.5.2.1 Canada Agrochemicals Market by Pesticide Type
9.1.5.2.2 Canada Agrochemicals Market by Crop Application
9.1.5.3 Mexico Agrochemicals Market
9.1.5.3.1 Mexico Agrochemicals Market by Pesticide Type
9.1.5.3.2 Mexico Agrochemicals Market by Crop Application
9.2. EUROPE
9.2.1 Europe Agrochemicals Market Overview
9.2.2 Europe Agrochemicals Market Forecasts and Analysis
9.2.3 Europe Agrochemicals Market Forecasts and Analysis - By Pesticide Type
9.2.4 Europe Agrochemicals Market Forecasts and Analysis - By Crop Application
9.2.5 Europe Agrochemicals Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Agrochemicals Market
9.2.5.1.1 Germany Agrochemicals Market by Pesticide Type
9.2.5.1.2 Germany Agrochemicals Market by Crop Application
9.2.5.2 France Agrochemicals Market
9.2.5.2.1 France Agrochemicals Market by Pesticide Type
9.2.5.2.2 France Agrochemicals Market by Crop Application
9.2.5.3 Italy Agrochemicals Market
9.2.5.3.1 Italy Agrochemicals Market by Pesticide Type
9.2.5.3.2 Italy Agrochemicals Market by Crop Application
9.2.5.4 United Kingdom Agrochemicals Market
9.2.5.4.1 United Kingdom Agrochemicals Market by Pesticide Type
9.2.5.4.2 United Kingdom Agrochemicals Market by Crop Application
9.2.5.5 Russia Agrochemicals Market
9.2.5.5.1 Russia Agrochemicals Market by Pesticide Type
9.2.5.5.2 Russia Agrochemicals Market by Crop Application
9.2.5.6 Rest of Europe Agrochemicals Market
9.2.5.6.1 Rest of Europe Agrochemicals Market by Pesticide Type
9.2.5.6.2 Rest of Europe Agrochemicals Market by Crop Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Agrochemicals Market Overview
9.3.2 Asia-Pacific Agrochemicals Market Forecasts and Analysis
9.3.3 Asia-Pacific Agrochemicals Market Forecasts and Analysis - By Pesticide Type
9.3.4 Asia-Pacific Agrochemicals Market Forecasts and Analysis - By Crop Application
9.3.5 Asia-Pacific Agrochemicals Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Agrochemicals Market
9.3.5.1.1 Australia Agrochemicals Market by Pesticide Type
9.3.5.1.2 Australia Agrochemicals Market by Crop Application
9.3.5.2 China Agrochemicals Market
9.3.5.2.1 China Agrochemicals Market by Pesticide Type
9.3.5.2.2 China Agrochemicals Market by Crop Application
9.3.5.3 India Agrochemicals Market
9.3.5.3.1 India Agrochemicals Market by Pesticide Type
9.3.5.3.2 India Agrochemicals Market by Crop Application
9.3.5.4 Japan Agrochemicals Market
9.3.5.4.1 Japan Agrochemicals Market by Pesticide Type
9.3.5.4.2 Japan Agrochemicals Market by Crop Application
9.3.5.5 South Korea Agrochemicals Market
9.3.5.5.1 South Korea Agrochemicals Market by Pesticide Type
9.3.5.5.2 South Korea Agrochemicals Market by Crop Application
9.3.5.6 Rest of Asia-Pacific Agrochemicals Market
9.3.5.6.1 Rest of Asia-Pacific Agrochemicals Market by Pesticide Type
9.3.5.6.2 Rest of Asia-Pacific Agrochemicals Market by Crop Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Agrochemicals Market Overview
9.4.2 Middle East and Africa Agrochemicals Market Forecasts and Analysis
9.4.3 Middle East and Africa Agrochemicals Market Forecasts and Analysis - By Pesticide Type
9.4.4 Middle East and Africa Agrochemicals Market Forecasts and Analysis - By Crop Application
9.4.5 Middle East and Africa Agrochemicals Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Agrochemicals Market
9.4.5.1.1 South Africa Agrochemicals Market by Pesticide Type
9.4.5.1.2 South Africa Agrochemicals Market by Crop Application
9.4.5.2 Saudi Arabia Agrochemicals Market
9.4.5.2.1 Saudi Arabia Agrochemicals Market by Pesticide Type
9.4.5.2.2 Saudi Arabia Agrochemicals Market by Crop Application
9.4.5.3 U.A.E Agrochemicals Market
9.4.5.3.1 U.A.E Agrochemicals Market by Pesticide Type
9.4.5.3.2 U.A.E Agrochemicals Market by Crop Application
9.4.5.4 Rest of Middle East and Africa Agrochemicals Market
9.4.5.4.1 Rest of Middle East and Africa Agrochemicals Market by Pesticide Type
9.4.5.4.2 Rest of Middle East and Africa Agrochemicals Market by Crop Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Agrochemicals Market Overview
9.5.2 South and Central America Agrochemicals Market Forecasts and Analysis
9.5.3 South and Central America Agrochemicals Market Forecasts and Analysis - By Pesticide Type
9.5.4 South and Central America Agrochemicals Market Forecasts and Analysis - By Crop Application
9.5.5 South and Central America Agrochemicals Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Agrochemicals Market
9.5.5.1.1 Brazil Agrochemicals Market by Pesticide Type
9.5.5.1.2 Brazil Agrochemicals Market by Crop Application
9.5.5.2 Argentina Agrochemicals Market
9.5.5.2.1 Argentina Agrochemicals Market by Pesticide Type
9.5.5.2.2 Argentina Agrochemicals Market by Crop Application
9.5.5.3 Rest of South and Central America Agrochemicals Market
9.5.5.3.1 Rest of South and Central America Agrochemicals Market by Pesticide Type
9.5.5.3.2 Rest of South and Central America Agrochemicals Market by Crop Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AGROCHEMICALS MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAYER CROPSCIENCE LIMITED
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CF INDUSTRIES HOLDINGS, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. E. I. DU PONT DE NEMOURS AND COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ICL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MONSANTO COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NUTRIEN LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SYNGENTA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THE MOSAIC COMPANY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YARA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. BASF SE
2. Bayer CropScience Limited
3. CF Industries Holdings, Inc.
4. E. I. du Pont de Nemours and Company
5. ICL
6. Monsanto Company
7. Nutrien Ltd.
8. Syngenta
9. The Mosaic Company
10. Yara
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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