Agrochemicals are also called as agricultural chemicals which includes, fungicides, insecticides, nematicides and herbicides. To increase quality, productivity of crops agrochemicals are used which also protect crops from insects and pests.

Presence of major players and new product launch has powered the demand for market growth. Growing demand for chemicals for protection of crops has further, fruitful the demand for market growth. Rising incidence of pest infestations and damage of crop is expected to drive the demand for Agrochemicals market growth in coming years.

The report “Agrochemicals Market, By Product (Crop Protection Chemicals, Fertilizers, Plant Growth Regulators and Others), By Application (Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

• In February 2021, Bayer AG launched new innovative “Vayego 200SC” insecticide solution which works against caterpillars and help farmers to protect their crops in an efficient way.
• In July 2018, Crystal Crop launched new fungicides “Pluton” and “Azotrix” for tomato crops and two herbicides “Penadril Plus” for chilli, cotton, soyabean and “Penoxa” for checking weeds in paddy field. The company has also launched new products among insecticides such as “Umpire” for sugarcane and “Lunox” & “Neo Super” to kill lepidopteran pests.

Analyst View:

Introduction of new agrochemical products has given positive impact on market growth. Growing strategic partnerships and collaborations of key players is further, expected to boost the demand for Agrochemicals market growth in future. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Agrochemicals Market, By Product (Crop Protection Chemicals, Fertilizers, Plant Growth Regulators and Others), By Application (Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Agrochemicals Market was valued at US$ 243.4 Billion in 2024 and is projected to grow at a CAGR of 3.60% to reach US$ 347.5 Billion by 2034.The Agrochemicals Market is segmented based on Product, Application and Region.

• Based on Product, Agrochemicals Market is segmented into Crop Protection Chemicals, Fertilizers, Plant Growth Regulators and Others.
• Based on Application, Agrochemicals Market is segmented into Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and Others.
• By Region, the Agrochemicals Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Agrochemicals Market:

The prominent players operating in the Agrochemicals Market includes, BASF SE, Bayer AG, Clariant AG, The DOW Chemical Company, Evonik Industries AG, Huntsman International LLC., Solvay, Ashland Inc., FMC Corp., Nufarm and Others.

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