How big is the agrochemicals market ?

The global agrochemicals market was valued at US$ 238.4 billion in 2022. It is projected to reach US$ 321.1 billion by 2032.

What are agrochemicals?

Agrochemicals are chemicals used in agriculture to improve crop yields, protect crops against weeds, diseases, and pests, and enhance soil fertility.

How does the agrochemicals market contribute to modern agriculture?

Agrochemicals play a crucial role in modern agriculture by increasing crop yields, ensuring food security, and preventing damage from pests.

What types of agrochemical products are available?

Agrochemicals are categorized into three main types: fertilizers, pesticides, and plant growth regulators.

What are the applications of agrochemicals?

Agrochemicals are used in various applications, including cereal and grains, oilseeds and pulses, fruits and vegetables, and other agricultural sectors.

What factors are driving the growth of the agrochemicals market?

The increasing global population, changing food consumption patterns, rise in food demand, growth in animal husbandry and feed sectors, and technological advancements in agriculture are key drivers for the agrochemicals market.

Who are the key players in the agrochemicals market?

The major companies operating in the agrochemicals market include BASF SE, The DOW Chemical Company, Bayer CropScience AG, Adama Agricultural Solutions, Corteva Agriscience AG, and more.

Agrochemicals Market Size, Share & Trends

Global Agrochemicals Market, By Product Type (Fertilizers, Pesticides, and Plant Growth Regulators), By Application (Cereal & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

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