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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Key Trends in the Market
Agrochemicals, also known as agricultural chemicals or agrichemicals, are chemical substances used in agriculture to enhance crop production and protect plants from pests and diseases, among others. These chemicals play a crucial role in modern agriculture by improving crop yield, quality, and overall efficiency of agricultural practices. Agrochemicals are essential in sustaining food production to meet the demands of a growing global population.
- A crucial One of the crucial Australia agrochemical market trends is the increasing demand for fertilisers, pesticides, and other crop protection products, to protect crops and promote their growth and production. To keep up with the rise in demand for crops, farmers are also increasing the usage of chemical supplements to provide optimal nutrients to the crops and increase their yield.
- Growing investments by the Australian government to enhance pest management, improve crop yield, and surge the profitability of farmers are likely to propel the Australia agrochemicals market growth in the forecast period.
- Organic products that are grown without artificial fertilisers and synthetic chemicals are witnessing strong demand in Australia amid growing environmental concerns. Hence, the rising demand for bio-based solutions that can improve crop yield, enhance the health of crops, and control pests is expected to drive the Australia agrochemicals market demand in the coming years.
Australia Agrochemicals Market Report Snapshots
Australia Agrochemicals Market Size
Australia Agrochemicals Market Trends
Australia Agrochemicals Market Analysis
Australia Agrochemicals Companies
*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.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 3.00 billion.
The market is projected to grow at a CAGR of 3.2% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach nearly USD 4.00 billion by 2034.
Increasing population and growing attempts to boost crop yields are the major drivers of the market.
Technological advancements, rising dependency on fertilisers, and the increasing use of crop protection chemicals in agriculture are the key trends of the market.
The various types of agrochemicals include fertiliser, crop protection chemicals, and plant growth regulators, among others.
Cereal and grains, oilseeds and pulses, and fruits and vegetables, among others, are the different applications of agrochemicals.
The key market players in the market are BASF SE, Bayer Crop Science AG, Syngenta Crop Protection AG, Corteva Agriscience, FMC Corporation, ADAMA Agricultural Solutions Limited, Nufarm Ltd., Yara International ASA, Nutrien Ltd., and Sumitomo Chemical Co., Ltd., among others.
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