Agrochemicals Market research report lends a hand to business in every sphere of trade to take first-rate decisions, tackle the toughest business questions and diminish the risk of failure. It also offers better market insights to them with which they can drive business into right direction. The report focuses on many aspects related to Data Bridge Market Research industry and market. Some of the marketing strategies are new product launches, expansions, agreements, partnerships, joint ventures, and acquisitions. Every bit of market is touched in the first class Agrochemicals market report as businesses can achieve extreme benefits with the different segments covered in the market report.
Recent Development
- Timeline® FX, an advanced cross-spectrum spring foliar herbicide for cereals, was introduced by Adama in February 2022. The product is designed with three Active Ingredients with complementary modes of action and a built-in adjuvant to provide growers with the broadest application window of any herbicide for controlling broadleaf and grass weeds in cereal crops.
- Yara and Lantmännen signed a commercial agreement in January 2022 to bring fossil-free fertilizers to market. The companies’ collaboration resulted in a commercial contract for green fertilizers manufactured by Yara and marketed by Lantmännen in Sweden beginning in 2023.
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Market Analysis and Size
Agrochemicals are chemical or biological formulations that have been engineered to improve crop quality and yield. Fertilizers and pesticides are two types of agrochemicals. Fertilizers enhance the quality of crop by providing essential nutrients to the crop and soil, whereas pesticides protect crops by controlling, killing, or repelling pests and weeds that can harm the crop. Given the current global population scenario, increasing crop production within the existing arable land is critical to feed the world’s population. Data Bridge Market Research analyses that the agrochemicals market was valued at USD 209.4 billion in 2021 is expected to reach the value of USD 302.38 billion by 2029, at a CAGR of 4.70% during the forecast period of 2022 to 2029.
Agrochemicals are specialized chemicals and compounds that are used to protect and improve the quality of agricultural products. They are used in commercial plantation agricultural fields and units to protect produce from pests, weeds, and fungi while also increasing yield. Nitrogen, and potassic fertilizers, insecticides, herbicides, fungicides, rodenticides, phosphatic,molluscicides, nematicides, and pesticides are the most commonly used agrochemicals.
Competitive Landscape with Key Players:
- Bayer AG (Germany)
- BASF SE (Germany)
- Yara (Norway)
- Compass Minerals (US)
- Syngenta Crop Protection AG (Switzerland)
- ADAMA (Israel)
- Sumitomo Chemicals Co. Ltd. (Japan)
- Nufarm (Australia)
- UPL (India)
- K+S Aktiengesellschaft (Germany)
- ICL (Israel)
Global Agrochemicals Market Scope and Market Size
agrochemicals market is segmented on the basis of crop type, mode of application, form, and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Crop Type
- Cereals
- Pulses and oilseeds
- Fruits and vegetables
- Lawns and turfs
- Others
On the basis of crop type, the agrochemicals market is segmented into cereals, pulses and oilseeds, fruits and vegetables, lawns and turfs, and others.
Mode of Application
- Foliar
- Fertigation
- Others
Based on mode of application, the agrochemicals market is segmented into foliar, fertigation, and others.
Form
- Paints and coatings
- Pesticides
- Chemicals
- Gasoline
- Printing
- Rubber
- Leather
Based on the form, the agrochemicals market is segmented into paints and coatings, pesticides, chemicals, gasoline, printing, rubber and leather.
Type
- Pesticides
- Fertilisers
Based on the type, the agrochemicals market is segmented pesticides and fertilizers.
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Research objectives
To perceive the most influencing pivoting and hindering forces in the Global Agrochemicals Market and its footprint in the international market.
Learn about the market policies that are being endorsed by ruling respective organizations.
To understand the structure of Global Agrochemicals Market by identifying its various subsegments.
Focuses on the key Global Agrochemicals Market players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Global Agrochemicals Market, with respect to key regions (along with their respective key countries).
To strategically profile the key players and comprehensively analyze their growth strategies
To analyze the Agrochemicals with respect to individual growth trends, future prospects, and their contribution to the total market.
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Reasons to purchase this report?
Following are the reasons to consider this Global Agrochemicals Market:
This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
The report analyzes various factors which act as drivers and restraints to development the overall Global Agrochemicals Market.
This report not only analyzes present market condition but it likewise estimates how the Global Agrochemicals Market is going to perform for estimated time period .
It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
About Data Bridge Market Research:
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