United States Agrochemicals Market, By Type (Fertilizers, Nitrogenous Fertilizers (Urea, Ammonium Nitrate, Ammonium Sulfate, Ammonia, Calcium Ammonium Nitrate, Other Nitrogenous Fertilizers), Phosphatic Fertilizers (Diammonium Phosphate, Monoammonium Phosphate, Triple Superphosphate, Other Phosphatic Fertilizers), Potassic Fertilizers (Potassium Chloride, Potassium Sulfate, Other Potassic Fertilizers); Pesticides (Insecticides, Herbicides, Fungicides, Nematicides, Other Pesticide Types), Adjuvants, Plant Growth Regulators); By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
United States Agrochemicals Market Size to Grow at Steady CAGR to Surpass USD 42.8 Billion by 2030
United States Agrochemicals Market is thriving due to an increasing focus on enhanced agricultural productivity, advancements in agrochemical formulations, rising adoption of GM crops, and growing awareness about crop protection practices.
BlueWeave Consulting, a leading strategic consulting, and market research firm, in its recent study, estimated United States Agrochemicals Market size by value at USD 34.52 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United States Agrochemicals Market size to expand at a CAGR of 3.13% reaching a value of USD 42.84 billion in 2030. United States Agrochemicals Market is driven by an increasing demand for high crop yield and quality. Technological advancements in agriculture, such as precision farming, boost agrochemical usage. The need for pest and disease control, along with the adoption of genetically modified crops, further supports market growth. Additionally, government initiatives promoting sustainable agriculture practices and the expansion of bio-based agrochemicals contribute to the market's development, addressing environmental and health concerns.
Opportunity – Growing Adoption of Bio-based Agrochemicals
United States Agrochemicals Market is witnessing growth due to the increasing adoption of bio-based agrochemicals. These eco-friendly alternatives to traditional synthetic chemicals are gaining popularity among farmers due to rising environmental concerns and regulatory pressures. Bio-based agrochemicals offer benefits like reduced chemical residue in crops and lower environmental impact, aligning with sustainable agriculture practices. The growing consumer demand for organic produce further accelerates the shift towards bio-based agrochemicals, driving market expansion.
Impact of Escalating Geopolitical Tensions on United States Agrochemicals Market
Escalating geopolitical tensions impact United States Agrochemicals Market by disrupting global supply chains, leading to increased costs for raw materials and delays in production. Trade restrictions and sanctions can limit access to key imports, causing price volatility and supply shortages. Additionally, heightened uncertainty may deter investments in the agrochemicals sector, while shifting trade dynamics could alter export and import patterns, further influencing market stability and growth. Overall, geopolitical instability can challenge the market's resilience and profitability.
Cereals & Grains Are Leading Crop Types in US Agrochemicals Market
The cereals & grains segment is the largest crop type of United States Agrochemicals Market, due to the extensive cultivation of crops, such as corn, wheat, and rice, which require significant agrochemical inputs for pest control, soil fertility, and crop protection. A high demand for cereals and grains in both domestic consumption and export drives substantial investments in agrochemicals for cereals and crops, making it the leading segment in the market. The other major crop type segments in United States Agrochemicals Market include oilseeds & pulses and fruits & vegetables.
Competitive Landscape
United States Agrochemicals Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include ADAMA Ltd., Sumitomo Chemical, BASF SE, Marubeni Corporation, Clariant AG, Croda International Plc, Evonik Industries AG, Helena Agri-Enterprises, LLC, Solvay, Syngenta, Corteva Agriscience, FMC Corporation, DOW Chemical, and DuPont. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United States Agrochemicals Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United States Agrochemicals Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in United States Agrochemicals Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the Market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. United States Agrochemicals Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Intensive Agricultural Practices
- 3.2.1.2. Growing Population and Food Demand
- 3.2.1.3. Favorable Government Policies
- 3.2.2. Restraints
- 3.2.2.1. Environmental Concerns
- 3.2.2.2. Rising Input Costs
- 3.2.2.3. Resistance to Agrochemicals
- 3.2.3. Opportunities
- 3.2.3.1. Adoption of Bio-based Agrochemicals
- 3.2.3.2. Precision Agriculture
- 3.2.3.3. Product Diversification
- 3.2.4. Challenges
- 3.2.4.1. Various Regulatory Hurdles
- 3.2.4.2. High Competition
- 3.2.4.3. Supply Chain Disruptions
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. United States Agrochemicals Market: Marketing Strategies
- 5. United States Agrochemicals Market Overview
- 5.1. Market Size & Forecast, 2019–2030
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.1.1. Fertilizers
- 5.2.1.1.1. Nitrogenous Fertilizers
- 5.2.1.1.1.1. Urea
- 5.2.1.1.1.2. Ammonium Nitrate
- 5.2.1.1.1.3. Ammonium Sulfate
- 5.2.1.1.1.4. Ammonia
- 5.2.1.1.1.5. Calcium Ammonium Nitrate
- 5.2.1.1.1.6. Other Nitrogenous Fertilizers
- 5.2.1.1.2. Phosphatic Fertilizers
- 5.2.1.1.2.1. Diammonium Phosphate
- 5.2.1.1.2.2. Monoammonium Phosphate
- 5.2.1.1.2.3. Triple Superphosphate
- 5.2.1.1.2.4. Other Phosphatic Fertilizers
- 5.2.1.1.3. Potassic Fertilizers
- 5.2.1.1.3.1. Potassium Chloride
- 5.2.1.1.3.2. Potassium Sulfate
- 5.2.1.1.3.3. Other Potassic Fertilizers
- 5.2.1.2. Pesticides
- 5.2.1.2.1. Insecticides
- 5.2.1.2.2. Herbicides
- 5.2.1.2.3. Fungicides
- 5.2.1.2.4. Nematicides
- 5.2.1.2.5. Other Pesticide Types
- 5.2.1.3. Adjuvants
- 5.2.1.4. Plant Growth Regulators
- 5.2.2. By Crop Type
- 5.2.2.1. Cereals & Grains
- 5.2.2.2. Oilseeds & Pulses
- 5.2.2.3. Fruits & Vegetables
- 5.2.2.4. Others
- 6. Competitive Landscape
- 6.1. List of Key Players and Their Offerings
- 6.2. United States Agrochemicals Company Market Share Analysis, 2023
- 6.3. Competitive Benchmarking, By Operating Parameters
- 6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 7. Impact of Escalating Geopolitical Tensions on United States Agrochemicals Market
- 8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 8.1. ADAMA Ltd
- 8.2. Sumitomo Chemical
- 8.3. BASF SE
- 8.4. Marubeni Corporation
- 8.5. Clariant AG
- 8.6. Croda International Plc
- 8.7. Evonik Industries AG
- 8.8. Helena Agri-Enterprises, LLC
- 8.9. Solvay
- 8.10. Syngenta
- 8.11. Corteva Agriscience
- 8.12. FMC Corporation
- 8.13. DOW Chemical
- 8.14. DuPont
- 8.15. Other Prominent Players
- 9. Key Strategic Recommendations
- 10. Research Methodology
- 10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
- 10.2. Quantitative Research
- 10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.4. Breakdown of Primary Research Respondents, By Region
- 10.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 United States Agrochemicals Segmentation
- Figure 2 United States Agrochemicals Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 United States Agrochemicals Market Share, By Type, By Value (USD Million), 2019–2030
- Figure 5 United States Agrochemicals Market Share, By Crop Type, By Value, 2019–2030
- List of Tables
- Table 1 United States Agrochemicals Market Share, By Type, By Value (USD Million), 2019–2030
- Table 2 United States Agrochemicals Market Share, By Crop Type, By Value, 2019–2030
- Table 3 ADAMA Ltd Company Overview
- Table 4 ADAMA Ltd Financial Overview
- Table 5 Sumitomo Chemical Company Overview
- Table 6 Sumitomo Chemical Financial Overview
- Table 7 BASF SE Company Overview
- Table 8 BASF SE Financial Overview
- Table 9 Marubeni Corporation Company Overview
- Table 10 Marubeni Corporation Financial Overview
- Table 11 Clariant AG Company Overview
- Table 12 Clariant AG Financial Overview
- Table 13 Croda International Plc Company Overview
- Table 14 Croda International Plc Financial Overview
- Table 15 Evonik Industries AG Company Overview
- Table 16 Evonik Industries AG Financial Overview
- Table 17 Helena Agri-Enterprises, LLC Company Overview
- Table 18 Helena Agri-Enterprises, LLC Financial Overview
- Table 19 Solvay Company Overview
- Table 20 Solvay Financial Overview
- Table 21 Syngenta Company Overview
- Table 22 Syngenta Financial Overview
- Table 23 Corteva Agriscience Company Overview
- Table 24 Corteva Agriscience Financial Overview
- Table 25 FMC Corporation Company Overview
- Table 26 FMC Corporation Financial Overview
- Table 27 DOW Chemical Company Overview
- Table 28 DOW Chemical Financial Overview
- Table 29 DuPont Company Overview
- Table 30 DuPont Financial Overview
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