Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Agrochemicals Market Size
The global agrochemicals market size reached a value of around USD 239.92 billion in 2023. The market is further expected to grow at a CAGR of 3.1% between 2024 and 2032, reaching a value of around USD 314.87 billion by 2032.
| Global Agrochemicals Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 239.92 |
| Market Size 2032 | USD Billion | 314.87 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 3.1% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 3.6% |
| CAGR 2024-2032 - Market by Country | India | 4.1% |
| CAGR 2024-2032 - Market by Country | China | 3.4% |
| CAGR 2024-2032 - Market by Product | Pesticides | 3.5% |
| CAGR 2024-2032 - Market by Nature | Bio Based | 3.8% |
| Market Share by Country 2023 | France | 3.2% |
Agrochemicals Market Outlook
- The United States, according to FAO, dominated the world market in fertiliser production in 2021 with 54.4 million tonnes, hence clearly depicting its leadership in the agricultural sector and capacity to support either domestic or international agricultural demand.
- As per agrochemicals market analysis, it was closely followed by India at 52.6 million tonnes due to its considerably large agrarian base and the critical role of fertilisers in enhancing crop yield in economies that are primarily agrarian in nature.
- Russia was the third largest with 51.9 million tons, drawing from vast natural resources and immense industrial infrastructure to hold a strong position within the world fertiliser market.
- Canada: 36.5 MMT due to the large amount of resources and high technology in the manufacture of fertilisers.
Agrochemicals Market Report Snapshots
Agrochemicals Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2023, the agrochemicals market attained a value of USD 239.92 billion.
The market is projected to grow at a CAGR of 3.10% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 314.87 billion by 2032.
The major drivers of the market include the rising demand for fertilisers, increasing usage of crop protection products, and growing production of advanced agrochemicals.
Rise in food demand and development of crop-specific agrochemicals are key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major applications of agrochemicals in the market are crop based and non-crop based. Crop based are further divided into grains and cereals, pulses and oilseeds, and fruits and vegetables whereas non-crop based are sub-divided into turf and ornamental grass, among others.
The various products of agrochemicals in the market are fertilisers, pesticides, adjuvants, and plant growth regulators, among others.
The primary natures of agrochemicals are bio-based and synthetic.
The major players in the agrochemicals market are Solvay S.A., Clariant AG, Evonik Industries AG, Ashland Global Holdings Inc., BASF SE, Corteva AgriScience, The Mosaic Company, Nutrien Ltd., Nufarm Ltd, and Yara International ASA, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124