Agrochemicals Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030

The report on the global agrochemicals market provides qualitative and quantitative analysis for the period from 2021-2030. The report predicts the global agrochemicals market to grow with a CAGR of Over 3% over the forecast period from 2023-2030. The study on agrochemicals market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.

The report on agrochemicals market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global agrochemicals market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global agrochemicals market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• High population growth has boosted food consumption across the globe, which has surged the demand for agricultural products.
• Increased demand for crop protection chemicals to increase the productivity of crops is expected to drive the growth of the market.

2) Restraints

• Increase the usage of biofertilizers, which, in turn, hamper the agrochemicals market in the near future.

3) Opportunities

• The crop-specific nutrient management through precision farming is expected to create ample growth opportunities for the market.

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global agrochemicals market is segmented on the basis of type, and crop type.

The Global Agrochemicals Market by Type

• Fertilizers
• Pesticides

The Global Agrochemicals Market by Crop Type

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

Company Profiles

The companies covered in the report include

• IFFCO
• Adama Agricultural Solutions
• Mosaic
• Sumitomo Chemical Co., Ltd.
• BASF SE
• Dow AgroSciences (acquired by Corteva Agriscience)
• ICL GROUP LTD
• Yara
• Bayer AG
• OCP Group

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the agrochemicals market.
2. Complete coverage of all the segments in the agrochemicals market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global agrochemicals market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.