Agrochemicals Market

The IMARC Group provides extensive analysis of the agrochemicals industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on agrochemicals market size, analysis, share, trends, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

  • Historical market data from 2016-2021
  • CAGR of the market during the forecast period 2022-2027
  • Detailed information on factors that will drive market growth during the next five years
  • Precise estimation of the Keyword market size and its contribution to the parent market
  • Upcoming market trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on key players
  • Comprehensive details of factors that will challenge the growth of smart meters market key players

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The global agrochemicals market size reached US$ 266.7 Billion in 2021. Agrochemicals are chemical compounds that protect and improve the quality of farm products. They assist in safeguarding the produce from pests, weeds, and fungi and enhancing the overall yield. They also aid in preventing diseases and mitigating nutrient deficiencies in plants. As a result, they are extensively applied on the crops of grains, cereals, oilseeds, pulses, fruits, and vegetables worldwide.

Agrochemicals Market Trends:

The thriving agriculture sector and the increasing preference for natural food products among individuals represent one of the key factors strengthening the market growth. Moreover, due to the considerable rise in concerns about agriculture sustainability and soil health, leading players are introducing environment-friendly, more efficient, and cost-effective agrochemical variants. This, in confluence with the escalating demand for exotic flowers, fruits and vegetables that are grown in controlled environments and specific nutritional content in the soil, is acting as another growth-inducing factor. Furthermore, inflating income levels and the implementation of favorable government policies are driving the market. Looking forward, IMARC Group expects the global agrochemicals market to reach US$ 339.4 Billion by 2027, exhibiting a growth rate (CAGR) of 4.01% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • BASF SE
  • Bayer AG
  • Corteva Inc.
  • Dow Inc.FMC Corporation
  • Nufarm Ltd
  • Nutrien Ltd
  • Syngenta Group
  • The Archer-Daniels-Midland Company
  • Yara International ASA.

Market Segmentation:

Breakup by Fertilizer Type:

  • Nitrogen Fertilizer
  • Phosphatic Fertilizer
  • Potassic Fertilizer
  • Others

Breakup by Pesticide Type:

  • Fungicides
  • Herbicides
  • Insecticides
  • Others

Breakup by Crop Type:

  • Cereals and Grains
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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