Agrochemicals Market, by Origin (Synthetic and Organic), by Product Type (Insecticides, Fungicides, Herbicides, and Others (Rodenticides, etc.)), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others (Ornamental, etc.)), by Ap

Agrochemicals Market, by Origin (Synthetic and Organic), by Product Type (Insecticides, Fungicides, Herbicides, and Others (Rodenticides, etc.)), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others (Ornamental, etc.)), by Application (Foliar Treatment, Soil Treatment, Seed Treatment, and Others (Hydroponics, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Agrochemicals are used to manage the agriculture ecosystem and increase the crop yield by decreasing the growth of fungi, weeds, and insects that hinder the growth of agricultural produce. Agrochemical refers to pesticides including insecticides, herbicides, fungicides, and nematicides. It includes synthetic fertilizers, liming and acidifying agents, hormones, and soil conditioners. Agrochemicals also include chemical agents, such as antibiotics and hormones, which are used for livestock.
Market Dynamics
Surging global population is boosting the demand for food. On the other hand, urbanization is reducing agricultural land, thus driving the need to increase crop production in limited agricultural land. Moreover, rising awareness regarding the advantages of agrochemicals are expected to propel the adoption of agrochemicals throughout the forecast period.
Factors such as continuous advancements in the technology used in agriculture have led to a shift in farming practices. Furthermore, with the course of time, with the advent of the era of globalization, liberalization, and privatization, the manufacturing and service industries became the forefront of employment for the masses and increasingly brought them into the fold of urbanization for livelihood and consumption. This shift required more land to be diverted from agriculture to other commercial and residential uses, and, as a result, it reduced more area from under the fold of agricultural and other related practices. Thus, this trend has increased the demand for more agrochemicals to produce more food in less land.
However, increasing environmental concerns due to prolonged use of synthetic chemicals, rising health-risks caused by high toxicity of such chemicals, and deteriorating quality of air, water, and soil caused by excessive use of synthetic agrochemicals are impeding the global agrochemicals market.
Conversely, increasing cultivable land area for horticultural crops such as fruits, vegetables, and floriculture plants, rising inclination toward organic farming, and growing use of bio pesticides are creating opportunities in the agrochemicals market. Moreover, increasing R&D activities and cutting-edge innovations in farming technologies and growing awareness among farmers about the appropriate use of agrochemicals are creating lucrative opportunities in the market.
Key features of the study:
This report provides in-depth analysis of global agrochemicals market, and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global agrochemicals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include ADAMA Ltd., Arysta Life Science, Bayer AG, Isagro Spa, K+S Aktiengesellschaft, Nufarm, Nutrien Ltd, OCI Nitrogen, Sociedad Quimica Y Minera De Chile, and The Mosaic Company.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global agrochemicals market report caters to various stakeholders in this industry including investors, suppliers, caffeine manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global agrochemicals market
Detailed Segmentation:
Global Agrochemicals Market, By Origin:
Synthetic
Organic
Global Agrochemicals Market, By Product Type:
Insecticides
Fungicides
Herbicides
Others (Rodenticides, etc.)
Global Agrochemicals Market, By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others (Ornamental, etc.)
Global Agrochemicals Market, By Application:
Foliar Treatment
Soil Treatment
Seed Treatment
Others (Hydroponics, etc.)
Global Agrochemicals Market, By Region:
North America
By Origin:
Synthetic
Organic
By Product Type:
Insecticides
Fungicides
Herbicides
Others (Rodenticides, etc.)
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others (Ornamental, etc.)
By Application:
Foliar Treatment
Soil Treatment
Seed Treatment
Others (Hydroponics, etc.)
By Country:
U.S.
Canada
Europe
By Origin:
Synthetic
Organic
By Product Type:
Insecticides
Fungicides
Herbicides
Others (Rodenticides, etc.)
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others (Ornamental, etc.)
By Application:
Foliar Treatment
Soil Treatment
Seed Treatment
Others (Hydroponics, etc.)
By Country:
U.K.
Italy
France
Germany
Spain
Russia
Rest of Europe
Asia Pacific
By Origin:
Synthetic
Organic
By Product Type:
Insecticides
Fungicides
Herbicides
Others (Rodenticides, etc.)
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others (Ornamental, etc.)
By Application:
Foliar Treatment
Soil Treatment
Seed Treatment
Others (Hydroponics, etc.)
By Country:
China
India
Japan
ASEAN
Australia
Rest of Asia Pacific
Latin America
By Origin:
Synthetic
Organic
By Product Type:
Insecticides
Fungicides
Herbicides
Others (Rodenticides, etc.)
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others (Ornamental, etc.)
By Application:
Foliar Treatment
Soil Treatment
Seed Treatment
Others (Hydroponics, etc.)
By Country:
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
By Origin:
Synthetic
Organic
By Product Type:
Insecticides
Fungicides
Herbicides
Others (Rodenticides, etc.)
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others (Ornamental, etc.)
By Application:
Foliar Treatment
Soil Treatment
Seed Treatment
Others (Hydroponics, etc.)
By Sub-Region:
Middle East
Africa
Company Profiles
ADAMA Ltd.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Arysta Life Science
Bayer AG
Isagro Spa
K+S Aktiengesellschaft
Nufarm
Nutrien Ltd
OCI Nitrogen
Sociedad Quimica Y Minera De Chile
The Mosaic Company
“*” marked represents similar segmentation in other categories in the respective section.