Global E-Commerce Of Agricultural Chemicals Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global E-Commerce Of Agricultural Chemicals Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

E-commerce of agricultural chemicals products provides online direct sales and service platforms for agricultural chemicals products for large-scale growers, professional cooperatives, agricultural enterprises, farming bases, family farms, and professional groups for the unified prevention and control of diseases and insect pests.

Market Overview:

The latest research study on the global E-Commerce Of Agricultural Chemicals Products market finds that the global E-Commerce Of Agricultural Chemicals Products market reached a value of USD 35150.19 million in 2022. It’s expected that the market will achieve USD 102515.41 million by 2028, exhibiting a CAGR of 19.53% during the forecast period.

The impact of COVID-19 on agricultural chemicals products manufacturing companies

Affected by the COVID-19 epidemic, a few agricultural chemicals products manufacturing plants have stopped working. Any ongoing problems, such as raw material procurement, factory processing, transportation, etc., will directly cause customers to fail to receive products on time, affecting product inventory and sales. Due to the decline in demand, the epidemic has caused many agricultural chemicals products companies around the world to stop production. Therefore, these reasons may affect the development of the e-commerce of agricultural chemicals products market.

Impacts from the long-term

Due to the particularity of the transaction, e-commerce of agricultural chemicals products needs to strengthen the construction of relevant industry associations and alliances, and restrict behaviors that do not meet the specifications. And strengthen quality and safety supervision and penalties for companies that sell counterfeit products, and increase the punishment of illegal behaviors, especially during the COVID-19 pandemic.
The epidemic has brought a direct challenge to logistics and distribution. The e-commerce of agricultural chemicals products companies uses various methods such as local warehouse storage and delivery to ensure timely delivery of goods. In the future, e-commerce of agricultural chemicals products needs to further increase investment in logistics infrastructure construction, improve transportation and distribution efficiency, and reduce logistics transportation costs.

Developing countries are increasingly adopting agricultural chemicals products

The continuous advancement of agricultural technology has led to changes in agricultural practices. With the increase in the import and export of agricultural products in different regions, especially in the developing regions, new pests are emerging one after another, leading to an increase in demand for new agricultural chemicals products that protect crops.
The globalization of the agrochemical industry has had a huge impact on the Asian crop protection market. With the highest population growth rate, increased demand for food production and economic growth, the demand for multi-channel sales of various agricultural chemicals products such as herbicides and pesticides has also increased. This factor has also promoted the development of the e-commerce of agricultural chemicals products market.

Product compatibility

Certain agricultural chemicals products may not be suitable for e-commerce sales. Not all agricultural chemicals products are suitable for e-commerce, especially if shipping is the only option for delivering products to customers. If there are finally mixed products that can and cannot be shipped in the online store, the company needs to ensure that the products that do not meet the shipping conditions are clearly marked as such. Such factors may limit the development of the e-commerce of agricultural chemicals products market.

Region Overview:

In 2021, the share of the E-Commerce Of Agricultural Chemicals Products market in Latin America stood at 26.06%.

Company Overview:

Nutrien is one of the major players operating in the E-Commerce Of Agricultural Chemicals Products market, holding a share of 10.96% in 2022.

Nutrien

As a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through both its physical stores and online platforms.

Syngenta Group

Syngenta Group is one of the world's leading agricultural technology and innovation companies. Swiss-based and Chinese-owned, the group draws strength from its four business units – Syngenta Crop Protection headquartered in Switzerland, Syngenta Seeds headquartered in the United States, ADAMA headquartered in Israel, and Syngenta Group China – that provide industry-leading ways to serve customers everywhere.

Segmentation Overview:

Among different product types, Business-to-Business (B2B) segment is anticipated to contribute the largest market share in 2027.

Business-to-Business (B2B)

Business-to-business (B2B) refers to agrochemical products companies selling their products to channel partners, distributors and farms through e-commerce.

Business-to-Consumer (B2C)

Business-to-consumer (B2C) refers to agrochemical products companies selling their products directly to farmers through e-commerce.

B2B2C

B2B2C refers to agrochemical products companies selling their products to farmers on the same e-commerce platform through distributors.

Application Overview:

In the E-Commerce Of Agricultural Chemicals Products market, 73.7% of the total value was generated through the Distribution Channel segment by application in 2021.

Key Companies in the global E-Commerce Of Agricultural Chemicals Products market covered in Chapter 3:

The Mosaic Company
Nutrien
BASF
Gowan
FMC
Syngenta
Bayer
Adama
Nufarm
Corteva
Yara International

In Chapter 4 and Chapter 14.2, on the basis of types, the E-Commerce Of Agricultural Chemicals Products market from 2018 to 2029 is primarily split into:

Business-to-Business (B2B)
Business-to-Consumer (B2C)
B2B2C

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the E-Commerce Of Agricultural Chemicals Products market from 2018 to 2029 covers:

Direct Channel
Distribution Channel

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)