Market Overview:
The global agrochemicals market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Agrochemicals are specialized chemicals and compounds used for protecting and improving the quality of farm products. They are used in agricultural fields and commercial plantation units for protecting the produce from pests, weeds and fungi and enhancing the overall yield. Some of the commonly used agrochemicals include nitrogen, phosphatic and potassic fertilizers, insecticides, herbicides, fungicides, rodenticides, molluscicides, nematicides and pesticides. They are added to soil to mitigate nutrient deficiencies and prevent diseases in the plants. Agrochemicals are usually water-insoluble and sprayed with surfactants or solvents to improve the application performance and bio-efficacy of the product. They are widely applied on the crops of cereals, grains, oilseeds, pulses, fruits and vegetables.
Agrochemicals Market Trends:
Significant growth in the agriculture industry across the globe is one of the key factors creating a positive outlook for the market. Due to the rising concerns regarding agricultural sustainability, soil health and environmental safety, agrochemicals are rapidly being used along with organic manure to improve soil fertility and plant health. Moreover, the escalating demand for exotic fruits, vegetables and flowers that require highly controlled environments and specific nutritional content in the soil is resulting in the increasing adoption of agrochemicals. Various product innovations, such as the development of sustainable bio-based agrochemicals, are acting as other growth-inducing factors. In comparison to the traditionally used synthetic chemicals, these variants are environment-friendly, more efficient and cost-effective. In line with this, the increasing preference for natural food products among the masses, is also contributing to the rising demand for agrochemicals. Other factors, including rising expenditure capacities of the consumers, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global agrochemicals market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on fertilizer type, pesticide type and crop type.
Breakup by Fertilizer Type:
- Nitrogen Fertilizer
- Phosphatic Fertilizer
- Potassic Fertilizer
- Others
Breakup by Pesticide Type:
- Fungicides
- Herbicides
- Insecticides
- Others
Breakup by Crop Type:
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Bayer AG, Corteva Inc., Dow Inc., FMC Corporation, Nufarm Ltd, Nutrien Ltd, Syngenta Group, The Archer-Daniels-Midland Company and Yara International ASA.
Report Coverages:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Fertilizer Type, Pesticide Type, Crop Type, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
BASF SE, Bayer AG, Corteva Inc., Dow Inc., FMC Corporation, Nufarm Ltd, Nutrien Ltd, Syngenta Group, The Archer-Daniels-Midland Company and Yara International ASA. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global agrochemicals market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global agrochemicals market?
- What are the key regional markets?
- What is the breakup of the market based on the fertilizer type?
- What is the breakup of the market based on the pesticide type?
- What is the breakup of the market based on the crop type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global agrochemicals market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Agrochemicals Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Fertilizer Type
6.1 Nitrogen Fertilizer
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Phosphatic Fertilizer
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Potassic Fertilizer
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Pesticide Type
7.1 Fungicides
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Herbicides
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Insecticides
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Crop Type
8.1 Cereals and Grains
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Oilseeds and Pulses
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Fruits and Vegetables
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BASF SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Bayer AG
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Corteva Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Dow Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 FMC Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Nufarm Ltd
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Nutrien Ltd
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Syngenta Group
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 SWOT Analysis
14.3.9 The Archer-Daniels-Midland Company
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Yara International ASA
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Agrochemicals Market: Major Drivers and Challenges
Figure 2: Global: Agrochemicals Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Agrochemicals Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Agrochemicals Market: Breakup by Fertilizer Type (in %), 2020
Figure 5: Global: Agrochemicals Market: Breakup by Pesticide Type (in %), 2020
Figure 6: Global: Agrochemicals Market: Breakup by Crop Type (in %), 2020
Figure 7: Global: Agrochemicals Market: Breakup by Region (in %), 2020
Figure 8: Global: Agrochemicals (Nitrogen Fertilizer) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Agrochemicals (Nitrogen Fertilizer) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Agrochemicals (Phosphatic Fertilizer) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Agrochemicals (Phosphatic Fertilizer) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Agrochemicals (Potassic Fertilizer) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Agrochemicals (Potassic Fertilizer) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Agrochemicals (Other Fertilizer Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Agrochemicals (Other Fertilizer Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Agrochemicals (Fungicides) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Agrochemicals (Fungicides) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Agrochemicals (Herbicides) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Agrochemicals (Herbicides) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Agrochemicals (Insecticides) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Agrochemicals (Insecticides) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Agrochemicals (Other Pesticide Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Agrochemicals (Other Pesticide Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Agrochemicals (Cereals and Grains) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Agrochemicals (Cereals and Grains) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Agrochemicals (Oilseeds and Pulses) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Agrochemicals (Oilseeds and Pulses) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Agrochemicals (Fruits and Vegetables) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Agrochemicals (Fruits and Vegetables) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Agrochemicals (Other Crop Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Agrochemicals (Other Crop Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: North America: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: North America: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: United States: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: United States: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Canada: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Canada: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Asia-Pacific: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Asia-Pacific: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: China: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: China: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Japan: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Japan: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: India: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: India: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: South Korea: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: South Korea: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Australia: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Australia: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Indonesia: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Indonesia: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Others: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Others: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Europe: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Europe: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Germany: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Germany: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: France: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: France: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: United Kingdom: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: United Kingdom: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Italy: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Italy: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Spain: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Spain: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Russia: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Russia: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Latin America: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Latin America: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Brazil: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Brazil: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Mexico: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Mexico: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Others: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Others: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Middle East and Africa: Agrochemicals Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Middle East and Africa: Agrochemicals Market: Breakup by Country (in %), 2020
Figure 80: Middle East and Africa: Agrochemicals Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Global: Agrochemicals Industry: SWOT Analysis
Figure 82: Global: Agrochemicals Industry: Value Chain Analysis
Figure 83: Global: Agrochemicals Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Agrochemicals Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Agrochemicals Market Forecast: Breakup by Fertilizer Type (in Million US$), 2021-2026
Table 3: Global: Agrochemicals Market Forecast: Breakup by Pesticide Type (in Million US$), 2021-2026
Table 4: Global: Agrochemicals Market Forecast: Breakup by Crop Type (in Million US$), 2021-2026
Table 5: Global: Agrochemicals Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Agrochemicals Market: Competitive Structure
Table 7: Global: Agrochemicals Market: Key Players