PUBLISHER: Visiongain | PRODUCT CODE: 1518912
PUBLISHER: Visiongain | PRODUCT CODE: 1518912
The global Agrochemicals market is projected to grow at a CAGR of 3.7% by 2034
The Agrochemicals Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Growing Global Population and Food Demand Driving the Demand for Agrochemicals
The ever-increasing global population is one of the most significant drivers for the agrochemicals market. By 2050, the world's population is projected to reach 9.7 billion, substantially increasing the demand for food. To meet this demand, agricultural productivity must rise significantly, necessitating the use of agrochemicals such as fertilisers and pesticides. For instance, in countries like India and China, where the population is vast and still growing, the reliance on agrochemicals is crucial to achieving food security. This increased demand for food pushes farmers to adopt modern agricultural practices that often involve the extensive use of agrochemicals to enhance crop yields and protect against pests and diseases.
Stringent Regulations and Environmental Concerns Regarding Synthetic Agrochemicals
The European Union (EU) has proposed stringent new regulations aimed at reducing the use and risk of pesticides, marking a significant step towards achieving the objectives outlined in the Farm to Fork Strategy. These rules are designed to foster a fair, healthy, and environmentally respectful food system. Central to the proposal are legally binding EU-level targets to cut the use and risk of chemical pesticides by 50% by 2030, alongside reducing the use of more hazardous pesticides. Member States are mandated to establish their own reduction targets within specified parameters and develop strategies to collectively achieve the EU-wide goals.
In enforcing environmentally friendly pest control practices, the EU introduces a robust framework mandating Integrated Pest Management (IPM). This approach requires that farmers prioritize alternative pest control methods before resorting to chemical pesticides as a last resort. Additionally, the regulations include a blanket ban on pesticide use in sensitive areas such as public parks, gardens, playgrounds, and ecologically fragile zones, with a buffer zone of 3 meters around these areas. To support farmers during this transition, the EU's Common Agricultural Policy (CAP) will cover the costs of compliance with these new requirements for a period of 5 years.
What Questions Should You Ask before Buying a Market Research Report?
How is the agrochemicals market evolving?
What is driving and restraining the agrochemicals market?
How will each agrochemicals submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
How will the market shares for each agrochemicals submarket develop from 2024 to 2034?
What will be the main driver for the overall market from 2024 to 2034?
Will leading agrochemicals markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
Who are the leading players and what are their prospects over the forecast period?
What are the agrochemicals projects for these leading companies?
How will the industry evolve during the period between 2024 and 2034? What are the implications of agrochemicals projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the agrochemicals market?
Where is the agrochemicals market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the agrochemicals market today, and over the next 10 years:
Our 406-page report provides 120 tables and 212 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them - NOW.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
Forecasts to 2034 and other analyses reveal commercial prospects
In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
You will find original analyses, with business outlooks and developments.
Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising agrochemicals prices and recent developments.
Segments Covered in the Report
Formulation
Liquid
Granular/ Powder
Pesticide Type
Herbicides
Insecticides
Fungicides
Fertilizer Type
Nitrogenous
Phosphatic
Potassic
Other Fertilizer Types
Product Type
Pesticides
Fertilizers
Plant Growth Regulators
Soil Conditioners
Other Product Type
Crop Type
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Turf and Ornamentals
Cotton and Sugarcane
Other Crop Type
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 20 leading national markets:
North America
U.S.
Canada
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East
Saudi Arabia
Israel
Turkey
Rest of Middle East
Africa
Egypt
South Africa
Nigeria
Rest of Africa
The report also includes profiles and for some of the leading companies in the Agrochemicals Market, 2024 to 2034, with a focus on this segment of these companies' operations.
Leading companies profiled in the report
Adama Ltd,
BASF SE
Bayer AG
Compass Minerals International, Inc.
Corteva, Inc.
EuroChem Group AG
Isagro SpA
K+S AG,
Nufarm Limited
Nutrien Ltd.
Sociedad Quimica y Minera de Chile S.A. (SQM)
Sumitomo Chemical Co., Ltd.
Syngenta Group
UPL Limited.
Overall world revenue for Agrochemicals Market, 2024 to 2034 in terms of value the market will surpass US$245.4 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Agrochemicals Market, 2024 to 2034 report help you?
In summary, our 400+ page report provides you with the following knowledge:
Revenue forecasts to 2034 for Agrochemicals Market, 2024 to 2034 Market, with forecasts for formulation, pesticide type, fertilizer type, product type, and crop type, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2034 for five regional and 25 key national markets - See forecasts for the Agrochemicals Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market - including company profiles for 14 of the major companies involved in the Agrochemicals Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Agrochemicals Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.