0
2021
Agrochemicals Market

Agrochemicals Market

by Type [Fertilizers {Synthetic Fertilizers (Nitrogenous, Phosphatic, Potassic, Others), Bio Fertilizers}, and Pesticides {Herbicides (Synthetic Herbicides, Bio Herbicides), {Insecticides (Synthetic Insecticides, Bio Insecticides), {Fungicides (Synthetic Fungicides, Bio Fungicides), Others]: Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A00430
Pages: 393
Sep 2021 | 30195 Views
Author(s) : Yamini Parihar , Eswara Prasad
Tables: 331
Charts: 61
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Agrochemicals Market

Request Now !

Agrochemicals Market Outlook - 2021–2030

The global agrochemicals market size was valued at $231.0 billion in 2020, and is projected to reach $315.3 billion by 2030, growing at a CAGR of 2.9% from 2021 to 2030.

The agrochemicals market has little impact due to the wake of the COVID-19 pandemic, owing to the disruptions in the supply chain for various agrochemical products. The agrochemical sector is expected to recover soon owing to the increase of food grain production in both developed and developing economies.

Agrochemicals are engineered chemical or biological formulations used for improvements in the quality and yield of crops. Agrochemicals are classified into fertilizers and pesticides. Fertilizers enhance the quality of the crop by providing essential nutrients to the crop and soil whereas pesticides protect the crops and control, kill, or repel pests and weeds that can harm the crop. Considering the current global population scenario, it is extremely important to increase the production of crops within the present arable land to feed the global population. Thus, agrochemicals play an important role in the agriculture industry, assisting farmers in enhancing their crop quality as well as quantity.

Agrochemicals-Market-2021-2030

The major factors driving the global agrochemicals market include high population and subsequent increase in the demand for food, soil degradation, limited agricultural land, and increase in awareness in the consumers regarding the benefits of agrochemicals. However, the market growth may be hampered by the potential harm of using synthetic pesticides such as 2, 4-D and atrazine herbicide. Agrochemicals, when used in higher concentration, result in surface water pollution and adversely affect the environment. Thus, the production of bio-based fertilizers and pesticides have created numerous opportunities for the key market players.

Agrochemicals Market, by Type

By type, the market was dominated by fertilizers segment dominated the market growth in 2020. However, pesticides segment is expected to grow at higher CAGR during the forecast period. This can be attributed to the rise in population that drives the demand for food, which ultimately drives the demand for insecticides for reducing damages to crops. 

Agrochemicals Market
By Type

Your browser does not support the canvas element.

Pesticides is projected as the most lucrative natural synthetic

Get more information on this report : Request Sample Pages

Agrochemicals Market, by region

By region, Asia-Pacific has the dominant market share in 2020 and is anticipated to maintain its dominance during the forecast period. This is attributed to numerous factors such as a huge consumer base and the presence of key players in the region. Moreover, Asia-Pacific is anticipated to grow at a noteworthy rate owing to rise in end users in developing countries such as China, Australia, and India. 

Agrochemicals Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific is projected as the most lucrative market.

Get more information on this report : Request Sample Pages

Covid-19 Impact Analysis 

  • The unfavorable global effects of the coronavirus are already evident and have impacted the demand for agrochemicals in 2020. 
  • The World Health Organization declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread to over 100 nations and has resulted in massive deaths all across the world. Exports & imports, global manufacturing, tourism, and financial sectors have all been heavily damaged.
  • The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the virus has added danger factors to the international economy's already declined development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis. 

Key Benefits For Stakeholders

  • The report provides an in-depth analysis and agrochemicals market forecast along with the current and future market trends.
  • This report highlights the key drivers, opportunities, and restraints of the agrochemicals market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the agrochemicals industry for strategy building.
  • A comprehensive analysis of the factors that drive and restrain the market growth is provided.
  • The qualitative data in this report aims on agrochemicals market trends, dynamics, and developments.
  • The agrochemicals market size is provided in terms of revenue.

Agrochemicals Market Report Highlights

Aspects Details
BY TYPE
  • Fertilizers
    • Synthetic Fertilizers
    • Nitrogenous
    • Urea
    • Ammonia
    • Calcium Ammonium Nitrate
    • Others
    • Phosphatic
    • DAP
    • MAP
    • TSP
    • Others
    • Potassic
    • Potassium Chloride
    • Potassium Sulfate
    • Potassium Magnesium Sulfate
    • Others
    • Biofertilizers
  • PESTICIDES
    • Herbicides
    • Synthetic Herbicides
    • Glyphosate
    • Atrazine
    • Acetochlor
    • 2,4-D
    • Paraquat
    • Others
    • Bioherbicides
    • Insecticides
    • Synthetic Insecticides
    • Organophosphates
    • Pyrethroids
    • Methyl carbamate
    • Neonicotinoids
    • Others
    • Bioinsecticides
    • Fungicides
    • Synthetic Fungicides
    • Dithiocarbamates
    • Benzimidazoles
    • Chloronitriles
    • Triazoles
    • Phenylamides
    • Strobilurins
    • Others
    • Bio fungicides
  • Others
BY REGION
  • North America  (U.S, Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (India, China, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Argentina, Rest of LAMEA)
Key Market Players AGRIUM INC, BASF SE, BAYER AG, DOW AGROSCIENCES LLC, E. I. DU PONT NEMOURS AND COMPANY, MONSANTO COMPANY, SUMITOMO CHEMICAL CO, SYNGENTA AG, THE MOSAIC CO
 

Loading Table Of Content...


 
 

According to the perspectives of the CXOs of leading companies, rise in demand for food supplies and innovative products is the major driving factor for the global agrochemicals market. In addition, Asia-Pacific is the largest revenue contributor due to the presence of agriculture-based nations such as India and China, and holds numerous growth opportunities for the agrochemicals market. The agrochemicals market in India is being driven by rise in demand for consumption, quality, and quantity of food and is projected to continue with the growing economy as both are directly related. Moreover, companies like BASF are focusing more on introducing innovative products to the market as the competition among agrochemicals market players is intense.

Among the analyzed geographical regions, Asia-Pacific is expected to account for the highest revenue in the global agrochemicals market throughout the forecast period (2021-2030) followed by Europe, North America, and LAMEA.

 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The key factors are growth in demand for food, soil degradation, and increased adoption of bio-agrochemicals.

A. The market share of Agrochemicals market $231.0 billion in 2020.

A. Increased use of bio-based fertilizers and pesticides are the ongoing trends in the agrochemicals markets.

A. LAMEA will provide more business opportunities for Agrochemicals market in future.

A. Business expansion and acquisition are the key growth strategies of Agrochemicals market players.

A. The leading players in the market are BASF SE, Bayer AG, FMC Corporation, Gharda Chemicals Ltd., ICL Group Ltd., Mosaic, Nutrien Ltd., Sumitomo Chemical Co., Ltd., Syngenta, and Yara International ASA.

A. Fertilizer segment based on application holds the maximum market share of the Agrochemicals market.

A. Food and agriculture industry the potential customers of Agrochemicals industry.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Agrochemicals Market

Start reading instantly.
This Report and over 18,758+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Enterprise
    License/PDF

  • $9,870
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers