The global agrochemicals market is estimated to surpass US$ 103,383.4 Mn by the end of 2027 in terms of revenue, exhibiting a CAGR of 6.2% during the forecast period (2021 to 2027).

Agrochemicals are chemical products that have been specially engineered for use in agriculture to increase crop yield and protect crops from pests, insects, weeds, fungi, and other pests. Agrochemicals can be produced in both, chemical as well as biological methods. Synthetic agrochemicals are a threat for the environment and are gradually being replaced by bio-based pesticides and fertilizers. An evolution in synthetic chemical manufacture has vastly improved pesticide processes to accommodate for the enormously growing global population and the consequent increases in food demands.

Coherent Market Insights have included a latest addition of global market research report titled Agrochemicals Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively.

Top Key Players in Agrochemicals  market: 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.

The scope of the Report:

The report segments the global Agrochemicals Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Agrochemicals Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

Key Trends and Analysis of the Global Agrochemicals Market:

• Among regions, the agrochemicals market is estimated to grow significantly in the Asia Pacific region due to the rise in globalization of the agrochemical industry. With the highest rate of population growth, the need for more food production is increasing, and economic growth, the demand for various agrochemicals such as herbicides and pesticides is increasing.
• Based on crop type, the use of agrochemicals is the highest for the cereals & grains segment as soil nutrient deficiencies can cause decreased yield and less bioavailable nutrients in crops such as rice. Various essential mineral supplementation through fertilizers increases rice crop yield and nutrient content in harvested grains. For instance, according to the Food and Agriculture Organization of the United Nations, the production of cereal crops will increase by 60% from 2000 to 2050.

Key Takeaways of the Market:

• The agrochemicals market in North-America is expected grow at a high pace owing to the presence of large population and lack of cultivatable land, prevailing advanced infrastructures, constant technological developments, and growing demand for agricultural produce
• Fertilizers dominated the global agrochemicals market in the product type segment. Nitrogenous and phosphate fertilizers were most widely used due to their easy availability and low prices. However, the new trend of organic farming, which involves the complete elimination of chemical-based fertilizers, has increased the demand for bio fertilizers.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected] 

The global agrochemicals market is estimated to surpass US$ 103,383.4 Mn by the end of 2027 in terms of revenue, exhibiting a CAGR of 6.2% during the forecast period (2021 to 2027).

Agrochemicals are chemical products that have been specially engineered for use in agriculture to increase crop yield and protect crops from pests, insects, weeds, fungi, and other pests. Agrochemicals can be produced in both, chemical as well as biological methods. Synthetic agrochemicals are a threat for the environment and are gradually being replaced by bio-based pesticides and fertilizers. An evolution in synthetic chemical manufacture has vastly improved pesticide processes to accommodate for the enormously growing global population and the consequent increases in food demands.

Coherent Market Insights have included a latest addition of global market research report titled Agrochemicals Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively.

Top Key Players in Agrochemicals  market: 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.

The scope of the Report:

The report segments the global Agrochemicals Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Agrochemicals Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

Key Trends and Analysis of the Global Agrochemicals Market:

• Among regions, the agrochemicals market is estimated to grow significantly in the Asia Pacific region due to the rise in globalization of the agrochemical industry. With the highest rate of population growth, the need for more food production is increasing, and economic growth, the demand for various agrochemicals such as herbicides and pesticides is increasing.
• Based on crop type, the use of agrochemicals is the highest for the cereals & grains segment as soil nutrient deficiencies can cause decreased yield and less bioavailable nutrients in crops such as rice. Various essential mineral supplementation through fertilizers increases rice crop yield and nutrient content in harvested grains. For instance, according to the Food and Agriculture Organization of the United Nations, the production of cereal crops will increase by 60% from 2000 to 2050.

Key Takeaways of the Market:

• The agrochemicals market in North-America is expected grow at a high pace owing to the presence of large population and lack of cultivatable land, prevailing advanced infrastructures, constant technological developments, and growing demand for agricultural produce
• Fertilizers dominated the global agrochemicals market in the product type segment. Nitrogenous and phosphate fertilizers were most widely used due to their easy availability and low prices. However, the new trend of organic farming, which involves the complete elimination of chemical-based fertilizers, has increased the demand for bio fertilizers.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]