Agrochemicals Market, by Type (Fertilizers and Pesticides), Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA), Global Opportunity Analysis and Industry Forecast, 2018-2026

Global Agrochemicals Market Forecast 2026:

The Agrochemicals Market size was over $ 237.8 Billion in 2018 and is anticipated to reach $328.0 billion by 2026, at a CAGR of 4.1%. Asia-Pacific market share in global market is predicted to reach $ 176.8 Billion by 2026. North American market is growing at a CAGR of 3.8% during forecast.

Agrochemicals are the chemical substances which are used in the agricultural farmland to increase the deficiency of nutrient in the field or crop. They also enhance the growth of the crops by killing the harmful insects. Agrochemicals improve the quantity and the quality of the farm products. These are used in all kinds of agricultural fields such as horticulture, dairy farming, livestock, grain farming, shifting cultivation, commercial plantation and many more.

Agrochemicals Market Synopsis

Rapidly growing population across the globe and increased use of advanced fertilizers by farmers to provide additional nutrients to crops are expected to accelerate the growth of the agrochemicals market. 

On the other hand, the bulk storage of agrochemicals may cause a significant risk to the people’s health as well as the environment, which is a growth-restricting factor for the market.

According to the regional analysis of the market, the Asia-Pacific agrochemicals market is anticipated to have enormous opportunities for market investors and generate a revenue of $176.8 billion at a CAGR of 4.1% during the forecast period.

Agrochemicals Market Driving Factors:

Increasing population, coupled with the rise in use of advanced pesticides leads to the growth of agrochemicals industry

The key driver for the growth of the agrochemicals market is the increasing population. As the population increases, the demand for food supplies is also increasing proportionally. With the use of these agrochemicals, the farmers increase the crop production without any failure. With the increased use of fertilizers, the crops will get additional nutrients which help in the improvement of crop yields.

Market Restraints:

Stringent government regulations, coupled with bulk storage issues are some of the major threats affecting the growth of agrochemicals industry

Agrochemicals products are toxic in nature, and if stored in bulk then they cause a significant risk to the environment and the health of the people, due to which the farmer never prefers to purchase them in bulk. Many governments in several countries have imposed harsh and strict rules with regards to the use of agrochemicals, as they cause an adverse impact on the person who handles it and on the environment where it is been used.

Agrochemicals Market, by Type

Fertilizer segment is predicted to be most lucrative till the end of 2026

Source Research Dive Analysis

Fertilizers segment is considered to be the most profitable segment and holds the largest market share throughout the forecast period. Agrochemicals market size for fertilizers was valued at $171.4 billion in 2018, and is predicted to grow at a CAGR of 3.5% in the forecast period. Fertilizers are a great source for plant nutrients. They cater the nutrient requirements to the plant. The most important elements which are used in fertilizers are nitrogen fertilizers, potassium fertilizers, and phosphorous fertilizers. These fertilizers are available in different forms like granular, powder and liquid. With the use of these fertilizers, the yield of the crop improved, due to which the farmers prefer them significantly.

Agrochemicals Market, by Region:

Asia-Pacific Agrochemicals Market 2026:

Asia-Pacific region will have enormous opportunities for the market investors to grow over the coming years

Source Research Dive Analysis

Asia-Pacific region accounted for the highest agrochemicals market share in 2018. Major agriculture based countries like China and India have contributed to the dominant market share in this region. Most of the countries in this region are holding the most arable land across the globe, and are also using best farming techniques. Asia-Pacific agrochemicals market size is predicted to grow at a CAGR of 4.1% by generating a revenue of $176.8 billion by 2026.

Key participants in the agrochemicals market

Key players profiled in this report include Bayer AG, Agrium Inc., Dow AgroSciences LLC, BASF, Monsanto Company, E. I. du Pont Nemours and Company, Syngenta AG, Sumitomo Chemical Co, Yara International ASA., and The Mosaic Co., among many others.

Report Scope:

Source Research Dive Analysis

1. Research Methodology

1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters

1.4.1. Assumptions
1.4.2. Forecast parameters

1.5. Data sources

1.5.1. Primary
1.5.2. Secondary

2. Executive Summary

2.1. 360° summary
2.2. Component trends

3. Market overview

3.1. Market segmentation & definitions
3.2. Key takeaways

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market

3.4. Market dynamics

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

3.5. Technology landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Pricing overview

3.8.1. By type
3.8.2. By region

3.9. Market value chain analysis

3.9.1. Stress point analysis
3.9.2. Raw material analysis
3.9.3. Manufacturing process
3.9.4. Distribution channel analysis
3.9.5. Operating vendors

3.9.5.1. Raw material suppliers
3.9.5.2. Product manufacturers
3.9.5.3. Product distributors

3.10. Strategic overview

4. Agrochemicals market, by Component

4.1. Fertilizers

4.1.1. Market size and forecast, by region, 2017-2028
4.1.2. Comparative market share analysis, 2018 & 2028

4.2. Pesticides

4.2.1. Market size and forecast, by region, 2017-2028
4.2.2. Comparative market share analysis, 2018 & 2028

5. Agrochemicals market, by Region

5.1. North Region

5.1.1. Market size and forecast, by type, 2017-2028
5.1.2. Market size and forecast, by application, 2017-2028
5.1.3. Market size and forecast, by end-use, 2017-2028
5.1.4. Market size and forecast, by country, 2017-2028
5.1.5. Comparative market share analysis, 2018 & 2028
5.1.6. U.S

5.1.6.1. Market size and forecast, by type, 2017-2028
5.1.6.2. Market size and forecast, by application, 2017-2028
5.1.6.3. Market size and forecast, by end-use, 2017-2028
5.1.6.4. Comparative market share analysis, 2018 & 2028

5.1.7. Canada

5.1.7.1. Market size and forecast, by type, 2017-2028
5.1.7.2. Market size and forecast, by application, 2017-2028
5.1.7.3. Market size and forecast, by end-use, 2017-2028
5.1.7.4. Comparative market share analysis, 2018 & 2028

5.2. Europe

5.2.1. Market size and forecast, by type, 2017-2028
5.2.2. Market size and forecast, by application, 2017-2028
5.2.3. Market size and forecast, by end-use, 2017-2028
5.2.4. Market size and forecast, by country, 2017-2028
5.2.5. Comparative market share analysis, 2018 & 2028
5.2.6. Germany

5.2.6.1. Market size and forecast, by type, 2017-2028
5.2.6.2. Market size and forecast, by application, 2017-2028
5.2.6.3. Market size and forecast, by end-use, 2017-2028
5.2.6.4. Comparative market share analysis, 2018 & 2028

5.2.7. France

5.2.7.1. Market size and forecast, by type, 2017-2028
5.2.7.2. Market size and forecast, by application, 2017-2028
5.2.7.3. Market size and forecast, by end-use, 2017-2028
5.2.7.4. Comparative market share analysis, 2018 & 2028

5.2.8. Spain

5.2.8.1. Market size and forecast, by type, 2017-2028
5.2.8.2. Market size and forecast, by application, 2017-2028
5.2.8.3. Market size and forecast, by end-use, 2017-2028
5.2.8.4. Comparative market share analysis, 2018 & 2028

5.2.9. Russia

5.2.9.1. Market size and forecast, by type, 2017-2028
5.2.9.2. Market size and forecast, by application, 2017-2028
5.2.9.3. Market size and forecast, by end-use, 2017-2028
5.2.9.4. Comparative market share analysis, 2018 & 2028

5.2.10. Rest of Europe

5.2.10.1. Market size and forecast, by type, 2017-2028
5.2.10.2. Market size and forecast, by application, 2017-2028
5.2.10.3. Market size and forecast, by end-use, 2017-2028
5.2.10.4. Comparative market share analysis, 2018 & 2028

5.3. Asia-Pacific

5.3.1. Market size and forecast, by type, 2017-2028
5.3.2. Market size and forecast, by application, 2017-2028
5.3.3. Market size and forecast, by end-use, 2017-2028
5.3.4. Market size and forecast, by country, 2017-2028
5.3.5. Comparative market share analysis, 2018 & 2028
5.3.6. China

5.3.6.1. Market size and forecast, by type, 2017-2028
5.3.6.2. Market size and forecast, by application, 2017-2028
5.3.6.3. Market size and forecast, by end-use, 2017-2028
5.3.6.4. Comparative market share analysis, 2018 & 2028

5.3.7. India

5.3.7.1. Market size and forecast, by type, 2017-2028
5.3.7.2. Market size and forecast, by application, 2017-2028
5.3.7.3. Market size and forecast, by end-use, 2017-2028
5.3.7.4. Comparative market share analysis, 2018 & 2028

5.3.8. Japan

5.3.8.1. Market size and forecast, by type, 2017-2028
5.3.8.2. Market size and forecast, by application, 2017-2028
5.3.8.3. Market size and forecast, by end-use, 2017-2028
5.3.8.4. Comparative market share analysis, 2018 & 2028

5.3.9. South Korea

5.3.9.1. Market size and forecast, by type, 2017-2028
5.3.9.2. Market size and forecast, by application, 2017-2028
5.3.9.3. Market size and forecast, by end-use, 2017-2028
5.3.9.4. Comparative market share analysis, 2018 & 2028

5.3.10. Australia

5.3.10.1. Market size and forecast, by type, 2017-2028
5.3.10.2. Market size and forecast, by application, 2017-2028
5.3.10.3. Market size and forecast, by end-use, 2017-2028
5.3.10.4. Comparative market share analysis, 2018 & 2028

5.3.11. Rest of Asia-Pacific

5.3.11.1. Market size and forecast, by type, 2017-2028
5.3.11.2. Market size and forecast, by application, 2017-2028
5.3.11.3. Market size and forecast, by end-use, 2017-2028
5.3.11.4. Comparative market share analysis, 2018 & 2028

5.4. LAMEA

5.4.1. Market size and forecast, by type, 2017-2028
5.4.2. Market size and forecast, by application, 2017-2028
5.4.3. Market size and forecast, by end-use, 2017-2028
5.4.4. Market size and forecast, by country, 2017-2028
5.4.5. Comparative market share analysis, 2018 & 2028
5.4.6. Latin America

5.4.6.1. Market size and forecast, by type, 2017-2028
5.4.6.2. Market size and forecast, by application, 2017-2028
5.4.6.3. Market size and forecast, by end-use, 2017-2028
5.4.6.4. Comparative market share analysis, 2018 & 2028

5.4.7. Saudi Arabia

5.4.7.1. Market size and forecast, by type, 2017-2028
5.4.7.2. Market size and forecast, by application, 2017-2028
5.4.7.3. Market size and forecast, by end-use, 2017-2028
5.4.7.4. Comparative market share analysis, 2018 & 2028

5.4.8. Africa

5.4.8.1. Market size and forecast, by type, 2017-2028
5.4.8.2. Market size and forecast, by application, 2017-2028
5.4.8.3. Market size and forecast, by end-use, 2017-2028
5.4.8.4. Comparative market share analysis, 2018 & 2028

6. Company profiles

6.1. Bayer AG

6.1.1. Business overview
6.1.2. Financial performance
6.1.3. Product portfolio
6.1.4. Recent strategic moves & developments
6.1.5. SWOT analysis

6.2. Agrium Inc.

6.2.1. Business overview
6.2.2. Financial performance
6.2.3. Product portfolio
6.2.4. Recent strategic moves & developments
6.2.5. SWOT analysis

6.3. Dow AgroSciences LLC

6.3.1. Business overview
6.3.2. Financial performance
6.3.3. Product portfolio
6.3.4. Recent strategic moves & developments
6.3.5. SWOT analysis

6.4. BASF

6.4.1. Business overview
6.4.2. Financial performance
6.4.3. Product portfolio
6.4.4. Recent strategic moves & developments
6.4.5. SWOT analysis

6.5. Monsanto Company.

6.5.1. Business overview
6.5.2. Financial performance
6.5.3. Product portfolio
6.5.4. Recent strategic moves & developments
6.5.5. SWOT analysis

6.6. E. I. du Pont Nemours and Company.

6.6.1. Business overview
6.6.2. Financial performance
6.6.3. Product portfolio
6.6.4. Recent strategic moves & developments
6.6.5. SWOT analysis

6.7. Syngenta AG

6.7.1. Business overview
6.7.2. Financial performance
6.7.3. Product portfolio
6.7.4. Recent strategic moves & developments
6.7.5. SWOT analysis

6.8. Sumitomo Chemical Co

6.8.1. Business overview
6.8.2. Financial performance
6.8.3. Product portfolio
6.8.4. Recent strategic moves & developments
6.8.5. SWOT analysis

6.9. Yara International ASA

6.9.1. Business overview
6.9.2. Financial performance
6.9.3. Product portfolio
6.9.4. Recent strategic moves & developments
6.9.5. SWOT analysis

6.10. The Mosaic Co.

6.10.1. Business overview
6.10.2. Financial performance
6.10.3. Product portfolio
6.10.4. Recent strategic moves & developments
6.10.5. SWOT analysis

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