Philippines Agrochemicals Market Research Report Information by Type, by Category, by Crop Type, by Application, by Distribution Channel Forecast to 2032

Description

List of Tables

Philippines Agrochemicals Market Research Report Information by Type (Fertilizer and Crop Protection Chemicals), by Category (Bio Agrochemicals/Organic and Synthetic Agrochemicals), by Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, and Others), by Application (Soil, Foliar, Fertigation, and Others), by Distribution Channel (Online and Offline) Forecast to 2032

Market Overview

The Philippines agrochemicals market is expected to increase significantly during the research period, with a CAGR of 5.87%. The market was anticipated to be worth USD 1,713.87 million in 2023, rising to USD 2,825.36 million by the end of the forecast period (2024-2032).

The expanding population in the country has boosted demand for various sorts of crops, which has increased the use of agrochemicals to produce a wide variety of crops, which will enhance market growth in the next years. According to MRFR study, the Philippines' total population in 2023 was around 112.89 million. Despite an overall decline in population growth, a modest increase in the Filipino population is expected soon.

The Philippines' agrochemicals market is expected to increase at a CAGR of 5.87% over the projected period, with numerous main drivers driving overall demand. The growing need to improve crop yields, as well as the increasing demand for better pest and disease management, are significant drivers of the Philippine agrochemical market. As the country faces issues such as limited fertile land and a growing population, agricultural output must be optimized.

Market Segmentation

The Philippines agrochemicals market is divided into fertilizer and crop protection chemicals.

The market is divided into two categories: bio/organic agrochemicals and synthetic agrochemicals. Crop types have divided the market into cereals and grains, fruits and vegetables, oilseeds and pulses, and others.

The Philippines agrochemicals market is divided into soil, foliar, fertigation, and other applications. The market has been divided into two segments based on distribution channel: online and offline.

Major Players

BASF SE, Corteva, Inc., Syngenta AG, Sumitomo Chemicals Company, Bayer AG, FMC Corporation, UPL Limited, Adama Agricultural Solutions Lt, Agrotiger Phils., Corporation, and Atlas Fertilizer Corporation are the market's leading companies.

1 EXECUTIVE SUMMARY

1.1.1 PHILIPPINES AGROCHEMICALS MARKET, BY TYPE
1.1.2 PHILIPPINES AGROCHEMICALS MARKET, BY CATEGORY
1.1.3 PHILIPPINES AGROCHEMICALS MARKET, BY CROP TYPE
1.1.4 PHILIPPINES AGROCHEMICALS MARKET, BY MODE OF APPLICATION
1.1.5 PHILIPPINES AGROCHEMICALS MARKET, BY DISTRIBUTION CHANNEL

2 MARKET INTRODUCTION

2.1 SCOPE OF THE STUDY
2.2 RESEARCH OBJECTIVE
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING NEED TO ENHANCE THE CROP YIELD
- 4.2.2 SURGING DEMAND FOR PEST AND DISEASE MANAGEMENT
4.3 RESTRAINTS
- 4.3.1 NEGATIVE IMPACTS OF SYNTHETIC CHEMICALS
4.4 OPPORTUNITY
- 4.4.1 TECHNOLOGICAL ADVANCEMENTS & NEW PRODUCT LAUNCH
- 4.4.2 ORGANIC CHEMICALS CREATING PROMISING PROSPECTS
4.5 CHALLENGES
- 4.5.1 HEALTH & SAFETY CONCERN

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURING / PRODUCTION/ PROCESSING
- 5.1.3 PACKING
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.2.1.1 RAW MATERIAL SUPPLIERS
  - 5.2.1.2 MANUFACTURERS
  - 5.2.1.3 DISTRIBUTION CHANNEL
  - 5.2.1.4 END USER
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 BARGAINING POWER OF SUPPLIERS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF RIVALRY
5.1 COVID-19 IMPACT ANALYSIS
- 5.1.1 IMPACT ON PRODUCTION
- 5.1.2 IMPACT ON SUPPLY CHAIN
- 5.1.3 IMPACT ON RAW MATERIAL AVAILABILITY
- 5.1.4 IMPACT ON APPLICATION AREAS
- 5.1.5 IMPACT ON PRICING
- 5.1.6 IMPACT ON SALES CHANNEL
- 5.1.7 IMPACT ON MANUFACTURERS, & ECONOMIES
5.2 OVERVIEW OF TITANIUM DIOXIDE IN AGRICULTURE

6 PHILIPPINES AGROCHEMICALS MARKET, BY TYPE

6.1 INTRODUCTION
6.2 FERTILIZER
- 6.2.1 ORGANIC
- 6.2.2 NON-ORGANIC
6.3 CROP PROTECTION CHEMICALS
- 6.3.1 INSECTICIDES
- 6.3.2 FUNGICIDES
- 6.3.3 HERBICIDES
- 6.3.4 PLANT-GROWTH STIMULANTS
- 6.3.5 OTHERS

7 PHILIPPINES AGROCHEMICALS MARKET, BY CATEGORY

7.1 INTRODUCTION
7.2 BIO AGROCHEMICALS/ORGANIC
7.3 SYNTHETIC AGROCHEMICALS

8 PHILIPPINES AGROCHEMICALS MARKET, BY CROP TYPE

8.1 INTRODUCTION
8.2 CEREALS & GRAINS
8.3 FRUITS & VEGETABLES
8.4 OILSEEDS & PULSES
8.5 OTHERS

9 PHILIPPINES AGROCHEMICALS MARKET, BY MODE OF APPLICATION

9.1 INTRODUCTION
9.2 SOIL
9.3 FOLIAR
9.4 FERTIGATION
9.5 OTHERS

10 PHILIPPINES AGROCHEMICALS MARKET, BY DISTRIBUTION CHANNEL

10.1 INTRODUCTION
10.2 ONLINE
10.3 OFFLINE

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 COMPETITION DASHBOARD
- 11.2.1 PRODUCT PORTFOLIO
- 11.2.2 REGIONAL PRESENCE
- 11.2.3 STRATEGIC ALLIANCES
- 11.2.4 INDUSTRY EXPERIENCES
11.3 MARKET SHARE ANALYSIS, 2023
11.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS
11.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
11.6 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
11.7 LIST OF KEY PLAYERS/BRANDS, BY REGION
11.8 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.8.1 PRODUCT LAUNCH
- 11.8.2 STRATEGIC COLLABORATION
- 11.8.3 EXPANSION
- 11.8.4 INVESTMENT
- 11.8.5 R&D & APPROVAL

12 COMPANY PROFILES

12.1 BASF SE
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGY
12.2 CORTEVA, INC.
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGY
12.3 SYNGENTA AG
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGY
12.4 SUMITOMO CHEMICALS COMPANY
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGY
12.5 BAYER AG
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGY
12.6 FMC CORPORATION
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGY
12.7 UPL LIMITED
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGY
12.8 ADAMA AGRICULTURAL SOLUTIONS LTD
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGY
12.9 AGROTIGER PHILIPPINES CORPORATION
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGY
12.10 ATLAS FERTILIZER CORPORATION
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGY

13 APPENDIX

13.1 REFERENCES
13.2 RELATED REPORTS
13.3 DATA CITATIONS

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT
TABLE 2 PHILIPPINES AGROCHEMICALS MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 3 PHILIPPINES AGROCHEMICALS MARKET, BY CATEGORY, 2018-2032 (USD MILLION)
TABLE 4 PHILIPPINES AGROCHEMICALS MARKET, BY CROP TYPE, 2018-2032 (USD MILLION)
TABLE 5 PHILIPPINES AGROCHEMICALS MARKET, BY MODE OF APPLICATION, 2018-2032 (USD MILLION)
TABLE 6 PHILIPPINES AGROCHEMICALS MARKET, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 7 COMPARATIVE ANALYSIS
TABLE 8 GLOBAL PHILIPPINES AGROCHEMICALS MARKET, KEY PLAYERS, BY REGION
TABLE 9 PRODUCT LAUNCH
TABLE 10 STRATEGIC COLLABORATION
TABLE 11 EXPANSION
TABLE 12 INVESTMENT
TABLE 13 R&D & APPROVAL
TABLE 14 BASF SE: PRODUCTS OFFERED
TABLE 15 BASF SE: KEY DEVELOPMENTS
TABLE 16 CORTEVA, INC.: PRODUCTS OFFERED
TABLE 17 CORTEVA, INC.: KEY DEVELOPMENTS
TABLE 18 SYNGENTA AG: PRODUCTS OFFERED
TABLE 19 SYNGENTA AG: KEY DEVELOPMENTS
TABLE 20 SUMITOMO CHEMICALS COMPANY: PRODUCTS OFFERED
TABLE 21 BAYER AG: PRODUCTS OFFERED
TABLE 22 FMC CORPORATION: PRODUCTS OFFERED
TABLE 23 FMC CORPORATION: KEY DEVELOPMENTS
TABLE 24 UPL LIMITED: PRODUCTS OFFERED
TABLE 25 ADAMA AGRICULTURAL SOLUTIONS LTD: PRODUCTS OFFERED
TABLE 26 AGROTIGER PHILIPPINES CORPORATION: PRODUCTS OFFERED
TABLE 27 ATLAS FERTILIZER CORPORATION: PRODUCTS OFFERED
TABLE 28 ATLAS FERTILIZER CORPORATION: KEY DEVELOPMENTS

LIST OF FIGURES

FIGURE 1 PHILIPPINES AGROCHEMICALS MARKET, BY TYPE, 2023
FIGURE 2 PHILIPPINES AGROCHEMICALS MARKET, BY CATEGORY, 2023
FIGURE 3 PHILIPPINES AGROCHEMICALS MARKET, BY CROP TYPE, 2023
FIGURE 4 PHILIPPINES AGROCHEMICALS MARKET, BY MODE OF APPLICATION, 2023
FIGURE 5 PHILIPPINES AGROCHEMICALS MARKET, BY DISTRIBUTION CHANNEL, 2023
FIGURE 6 PHILIPPINES AGROCHEMICALS MARKET: STRUCTURE
FIGURE 7 PHILIPPINES AGROCHEMICALS MARKET: MARKET GROWTH FACTOR ANALYSIS (2022-2032)
FIGURE 8 GLOBAL BIOPESTICIDES MARKET ANALYSIS & FORECAST (2021-2032)
FIGURE 9 DRIVER IMPACT ANALYSIS (2023-2032)
FIGURE 10 RESTRAINT IMPACT ANALYSIS (2022-2032)
FIGURE 11 VALUE CHAIN ANALYSIS: PHILIPPINES AGROCHEMICALS MARKET
FIGURE 12 SUPPLY CHAIN ANALYSIS: PHILIPPINES AGROCHEMICALS MARKET
FIGURE 13 PORTER'S FIVE FORCES MODEL: PHILIPPINES AGROCHEMICALS MARKET
FIGURE 14 PHILIPPINES AGROCHEMICALS MARKET, BY TYPE, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 15 PHILIPPINES AGROCHEMICALS MARKET, BY TYPE, 2023 (% SHARE)
FIGURE 16 PHILIPPINES AGROCHEMICALS MARKET, BY CATEGORY, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 17 PHILIPPINES AGROCHEMICALS MARKET, BY CATEGORY, 2023 (% SHARE)
FIGURE 18 PHILIPPINES AGROCHEMICALS MARKET, BY CROP TYPE, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 19 PHILIPPINES AGROCHEMICALS MARKET, BY CROP TYPE, 2023 (% SHARE)
FIGURE 20 PHILIPPINES AGROCHEMICALS MARKET, BY MODE OF APPLICATION, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 21 PHILIPPINES AGROCHEMICALS MARKET, BY MODE OF APPLICATION, 2023 (% SHARE)
FIGURE 22 PHILIPPINES AGROCHEMICALS MARKET, BY DISTRIBUTION CHANNEL, SEGMENT ATTRACTIVENESS ANALYSIS
FIGURE 23 PHILIPPINES AGROCHEMICALS MARKET, BY DISTRIBUTION CHANNEL, 2023 (% SHARE)
FIGURE 24 COMPETITOR DASHBOARD: PHILIPPINES AGROCHEMICALS MARKET
FIGURE 25 PHILIPPINES AGROCHEMICALS MARKET: COMPETITIVE ANALYSIS, 2023
FIGURE 26 BASF SE: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 27 BASF SE: SWOT ANALYSIS
FIGURE 28 CORTEVA, INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 29 CORTEVA, INC.: SWOT ANALYSIS
FIGURE 30 SYNGENTA AG: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 31 SYNGENTA AG: SWOT ANALYSIS
FIGURE 32 SUMITOMO CHEMICALS COMPANY: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 33 SUMITOMO CHEMICALS COMPANY: SWOT ANALYSIS
FIGURE 34 BAYER AG: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 35 BAYER AG: SWOT ANALYSIS
FIGURE 36 FMC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 37 FMC CORPORATION: SWOT ANALYSIS
FIGURE 38 UPL LIMITED: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 39 UPL LIMITED: SWOT ANALYSIS
FIGURE 40 ADAMA AGRICULTURAL SOLUTIONS LTD: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 41 ADAMA AGRICULTURAL SOLUTIONS LTD: SWOT ANALYSIS
FIGURE 42 AGROTIGER PHILIPPINES CORPORATION: SWOT ANALYSIS
FIGURE 43 ATLAS FERTILIZER CORPORATION: SWOT ANALYSIS