The agrochemicals market is expected to generate sales of

JERSEY CITY, NJ, Sept. 16, 2022 (GLOBE NEWSWIRE) — Verified Market Research recently published a report: “agrochemicals marketBy fertilizer type (nitrogen fertilizers, phosphate fertilizers, potassium fertilizers), by pesticide type (fungicides, herbicides, insecticides), by crop type (cereals and grains, oilseeds, and legumes), and by geography.

According to the latest study by Verified Market Research, the agrochemicals market was valued at US$240.3 billion in 2021 and is projected to reach US$309.7 billion by 2030, growing at a CAGR of 3.6% from 2022 to 2030.

Download PDF brochure:

Browse the detailed table of contents onagrochemicals market

202 pages


37 – Numbers

report scope

Overview of the global agrochemicals market

Increasing demand for pesticides and overconsumption of liquid form agrochemicals are two major factors expected to drive demand for agrochemicals in the global market. Global food consumption has increased due to population growth, which has increased demand for agricultural products. This has contributed to an increase in the use of agrochemicals to improve crop production and advances in the agricultural sector. As a result, the use of agrochemicals, including fertilizers and pesticides, has become essential to meet food needs. This also increases global demand for new agricultural advances. Agrochemicals play an important role in increasing crop yield and quality.

Rapid urbanization and industrialization has led to a reduction in arable land as the number of industries, houses, highways and other infrastructure investment structures has increased. In addition, increasing population demand for more food, increasing technological advancement in agribusiness, lack of availability of arable land, increasing environmental concerns, and advances in crop breeding and management around the world are affecting the market growth and leading to increased utilization of agrochemicals . Economic growth increases people’s standard of living and their purchasing power. Increasing income causes a change in the eating habits of the population. Due to people’s changing eating habits, the market for agrochemicals has grown faster than the population.

Important Developments

  • In October 2020, Syngenta Group announced the acquisition of Valagro, a leading biological company, by its Syngenta Crop Protection business unit. Syngenta Crop Protection is one of the key global companies poised to shape the fast-growing biologics market, which is expected to nearly double in size over the next five years.
  • In April 2020, Sumitomo Chemical completed the acquisition of four South American Nufarm subsidiaries. As a result of this acquisition, Sumitomo Chemical can expand its development and sales network for crop protection products in South America, including Brazil, the world’s largest market for crop protection products.
  • Timeline FX, an advanced cross-spectrum spring crop foliar herbicide, was introduced by Adama in February 2022. The herbicide was developed with three active ingredients with complementary modes of action, as well as a built-in adjuvant to provide growers with a range of different applications.

key figures

Global Agrochemicals Market study report provides valuable insights focused on the global market. The main players in the market are

  • Clariant
  • BASF
  • Hunter International
  • Bayer
  • dow
  • Solvay
  • nufarm
  • Evonik Industries
  • Croda International
  • Helena Agri company
  • Ashland
  • Country O’Lakes

Based on the research, Verified Market Research has segmented the global agrochemicals market into fertilizer type, pesticide type, crop type, and geography.

  • Agrochemicals Market by Fertilizer Type
    • nitrogen fertilizer
    • phosphate fertilizer
    • potassium fertilizer
  • Agrochemicals Market by Pesticide Type
    • fungicides
    • herbicides
    • insecticides
    • Other
  • Agrochemicals Market by Crop Type
    • cereals and grains
    • oilseeds and legumes
    • fruits and vegetables
    • Other
  • Agrochemicals Market by Geography
    • North America
    • Europe
      • Germany
      • France
      • United Kingdom
      • rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • THE LINE
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Bionematicides market By type (microbes, biochemicals), by application (foliar spray, soil treatment), by crop type (cotton, corn), by geography and prognosis

biopesticide market By type (bioinsecticide, biofungicides, bionematicides, bioherbicides), by source (microbes, biochemicals, beneficial insects), by application type (foliar spray, soil treatment, seed treatment), by formulation (dry, liquid), by crop application (cereals and grains, oilseeds and legumes , fruits and vegetables), by geography and forecast

fertigation and chemigation market By input type (fertilizers, insecticides, fungicides, herbicides), by application (agricultural irrigation, landscape irrigation, greenhouse irrigation), by irrigation type (sprinkler irrigation, drip irrigation), by geography and forecast

Organic Fertilizer Market By source (mineral, plant, animal), by crop type (cereals and grains, vegetables and fruits, oilseeds and legumes), by form (liquid, dry), by geography and forecast

The 7 best manufacturers of agricultural machinery Driving workhorses for mechanizing tasks

Visualize Agrochemicals Market with verified market information -:

Verified market information is ours BI-enabled platform for narrative storytelling in this market. VMI provides detailed forecast trends and accurate insights into over 20,000 emerging and niche markets, helping you make critical revenue decisions for a bright future.

VMI provides a holistic view and global competitive landscape in terms of region, country, segment and major players of your market. Present your market report and findings with an integrated presentation feature that saves over 70% of your time and resources for investor, sales and marketing, R&D, and product development meetings. VMI enables data delivery in Excel and interactive PDF formats with 15+ key market indicators for your market.

about us

Verified Market Research is a leading global research and advisory firm serving more than 5000 clients. Verified Market Research offers advanced analytical research solutions while providing information-enriched research studies. We provide insights into strategy and growth analysis, data needed to achieve business goals and critical revenue decisions.

Our 250 analysts and SMEs offer a high level of expertise in data collection and control, using industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, domain knowledge and years of collective experience to produce informative and accurate research results.

We examine more than 14 categories covering Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communications Technology, Software & Services, Information Security, Mining, Minerals & Metals as well as Building & Construction, Agribusiness and Medical Devices from over 100 countries.


Leave a Comment