According to the recent study the Agrochemical Market is projected to reach an estimated $489 billion by 2030 at a CAGR of 3.4% from 2024 to 2030. Growth in this market is primarily driven by growing population, limited agricultural land, and increase in awareness in the consumers regarding the benefits of agrochemicals.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in agrochemical market by product type (fertilizer and pesticide) and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Fertilizer will remain
the largest segment and it is expected to witness the highest growth over the
forecast period due to its better cleansing and moisturizing properties due to
growing demand for nitrogen fertilizers by farmers including synthetic ammonia,
nitric acid, ammonium nitrate, and urea.
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Agrochemical Market
Asia Pacific is expected
to remain the largest region and witness the highest growth over the forecast
period due to increasing population and growing demand for sustainable
production of food.
Bayer, BASF, Yara
International, Compass Minerals, Syngenta, Agrium Inc., DOW Agrosciences
(Corteva), Monsanto, The Mosaic, Sumitomo Chemical are the major suppliers in the agrochemical providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
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Lucintel
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Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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