Agrochemicals Market Size, Share & Trends Analysis Report By Product (Fertilizers, Plant Growth Regulators), By Application (Cereal & Grains, Fruits & Vegetables), By Region, And Segment Forecasts, 2021 - 2028

Agrochemicals Market Growth & Trends

The global agrochemicals market size is anticipated to reach USD 272.0 billion by 2028, according to a new report by Grand View Research, Inc., registering a CAGR of 2.8% over the forecast period. The global market is predominantly driven by the increasing demand for crop protection products in the agricultural field across the globe. Approximately 25% of the world crop output is lost every year due to diseases and attacks by pests & weeds. Hence, agrochemicals play a vital role in enhancing crop yield and production. Growing food demand, increasing adoption of precision farming methods, shrinking arable land due to increasing population, and rapid urbanization & industrialization across the globe are some also among the key factors driving the market.

Manufacturing companies are majorly focusing on acquisition to enhance their product portfolios and global reach. For instance, in October 2020, Syngenta Group through its Syngenta Crop Protection business division acquired Valagro, a leading biological company. This acquisition helped Syngenta in enhancing its position as one of the major global companies shaping the fast-growing biologicals market. In December 2019, Biopreparáty, spol. s r.o, a Czech company engaged in biological plant protection products, and the European division on UPL came into an exclusive distribution agreement for Polyversum WP biological fungicide. Due to the COVID-19 outbreak, there was a disruption in the domestic and international supply chain and global trading systems.

In response to concerns over food safety and food security across the globe, various nations imposed policy measures to curb adverse impacts on their agricultural markets. According to the Food and Agriculture Organization (FAO) and Secretariat of the Committee on Commodity Problems (CCP), agricultural trade has proved resilient to the pandemic despite disruptions. Asia Pacific is expected to grow at the fastest CAGR from 2021 to 2028, in terms of revenue, on account of the increasing production of agricultural commodities in countries, such as India, China, Japan, and Australia. China is one of the major consumers, exporters, and producers of pesticides in the world.

According to the University of Melbourne and Zhejiang researcher Baojing Gu, China is the major agricultural user of pesticides in the world. It uses approximately 30% of the global pesticides & fertilizers and supplies over 90% of the global technical raw material requirements. The key market players are adopting various strategies including acquisitions, mergers, geographical expansion, and product portfolio expansion to enhance their market position and to increase their customer base. For instance, in April 2020, Sumitomo Chemical completed the acquisition of four subsidiaries of Nufarm in South America. This acquisition helped Sumitomo in enhancing its sales network of agrochemical products in South America.

Agrochemicals Market Report Highlights

  • The fertilizer segment accounted for the maximum revenue share in 2020 owing to its extensive consumption of fertilizers in the global agricultural sector for the enhancement of crop production
  • It also helps in providing nutrients to the crops; thus, farmers incorporate various types of fertilizers, such as nitrogen fertilizers and diammonium phosphate, in their agricultural practices
  • The herbicides sub-segment held a significant market share in 2020. Herbicides are the most extensively used pesticides in the world. They are mainly used to control weed formation in the agricultural cropland
  • According to the FAO, in 2019, the total consumption of herbicides was more than 2 million tons, more than 2 folds compared to insecticides
  • The cereals & grains application segment led the market in 2020 owing to the high production of grains and cereals compared to other crops
  • Moreover, the demand for these products is increasing across the world owing to the increasing population. Cereals and grains cover vast cropland and thus the requirement for fertilizers and pesticides is more in this segment
Profiled Companies

BASF SE
Bayer AG
The DOW Chemical Company
Solvay SA
Croda International PLC
Evonik Industries AG
Clariant AG
Nufarm
Huntsman International LLC
Ashland Inc.
Land O’ Lakes Inc.
Helena Agri-Enterprises, LLC
FMC Corporation
Stepan Company
ADAMA Ltd.

Please note The report will be delivered in 2-3 business days upon order notification.


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Agrochemicals Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Global Chemical Industry
3.2. Market Segmentation & Scope
3.3. Penetration & Growth Prospect Mapping
3.4. Industry Value Chain Analysis
3.5. Regulatory Framework
3.6. Technology Overview
3.7. Agrochemicals Market - Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.8. Business Environment Analysis: Agrochemicals Market
3.8.1. Industry Analysis - Porter’s
3.8.1.1. Supplier Power
3.8.1.2. Buyer Power
3.8.1.3. Substitution Threat
3.8.1.4. Threat from New Entrants
3.8.1.5. Competitive Rivalry
3.8.2. PESTEL Analysis
3.8.2.1. Political Landscape
3.8.2.2. Environmental Landscape
3.8.2.3. Social Landscape
3.8.2.4. Technology Landscape
3.8.2.5. Economic Landscape
3.8.2.6. Legal Landscape
Chapter 4. COVID-19 Impact Analysis
4.1. Impact of COVID-19 on Global Agrochemicals Market
Chapter 5. Agrochemicals Market: Product Estimates & Trend Analysis
5.1. Agrochemicals Market: Product Movement Analysis, 2020 & 2028
5.2. Fertilizers
5.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
5.3. Crop Protection Chemicals
5.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
5.4. Plant Growth Regulators
5.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
5.5. Others
5.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
Chapter 6. Agrochemicals Market: Application Estimates & Trend Analysis
6.1. Agrochemicals Market: Crop Movement Analysis, 2020& 2028
6.2. Cereals & Grains
6.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
6.3. Oilseeds & Pulses
6.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
6.4. Fruits & Vegetables
6.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
6.5. Others
6.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
Chapter 7. Agrochemicals Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2020 & 2028
7.2. North America
7.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.2.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.2.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.2.4. U.S.
7.2.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.2.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.2.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.2.5. Canada
7.2.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.2.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.2.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.2.6. Mexico
7.2.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.2.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.2.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.3. Europe
7.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.3.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.3.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.3.4. Germany
7.3.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.3.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.3.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.3.5. France
7.3.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.3.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.3.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.3.6. U.K.
7.3.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.3.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.3.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.3.7. Italy
7.3.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.3.7.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.3.7.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.4. Asia Pacific
7.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.4.4. China
7.4.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.4.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.4.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.4.5. Japan
7.4.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.4.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.4.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.4.6. India
7.4.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.4.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.4.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.4.7. Australia
7.4.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.4.7.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.4.7.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.5. Central & South America
7.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.5.4. Brazil
7.5.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.5.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.5.5. Argentina
7.5.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.5.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.5.6. Colombia
7.5.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million)
7.5.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.5.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.6. Middle East & Africa
7.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.6.4. Saudi Arabia
7.6.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.6.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.6.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.6.5. UAE
7.6.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.6.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.6.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
7.6.6. South Africa
7.6.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (000’ Tons)
7.6.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (000’ Tons)
7.6.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (000’ Tons)
Chapter 8. Agrochemicals Market: Competitive Analysis
8.1. Key Players, Recent Developments & Their Impact on the Industry
8.2. Major Deals & Strategic Alliance Analysis
8.3. Vendor Landscape
8.3.1. Raw Product Suppliers
8.3.2. List of Manufacturers
8.3.3. End User Industries
8.4. Public Companies
8.4.1. List of Key companies with their geographical analysis
8.5. Private Companies
8.5.1. List of Key Emerging Companies and Their Geographical Presence
Chapter 9. Company Profiles
9.1. BASF SE
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Bayer AG
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. The DOW Chemical Company
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.4. Solvay SA
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.5. Croda International PLC
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.6. Evonik Industries AG
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.7. Clariant AG
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.8. Nufarm
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Huntsman International LLC
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Ashland Inc.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
9.11. Land O’ Lakes Inc.
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
9.12. Helena Agri-Enterprises, LLC
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Strategic Initiatives
9.13. FMC Corporation
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Strategic Initiatives
9.14. Stepan Company
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Strategic Initiatives
9.15. ADAMA Ltd.
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Strategic Initiatives

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