Agrochemical Market Size, Share, Trend, Industry Analysis, Leading Key Players and Business Opportun

Agrochemicals Market Research Report- Forecast to 2023

Agrochemicals Market to Achieve High Growth Rates Owing To Augmented Crop Production Cycles

Page |1

Copyright Š 2017 Market Research Future.

Agrochemicals Market Research Report- Forecast to 2023

1 Summary Global Agrochemical Market Research Report by Type [Fertilizers (Potassic, Nitrogenous, Phosphatic), Pesticides (Fungicides, Insecticides, Herbicides, Bio-Pesticides)], Crop Type (Food Grains, Cash Crops, Horticulture Crops) Region - Forecast till 2023

Key Players: Some of the prominent players operating in the Global Agrochemicals Market are The Mosaic Company (the U.S.), Bayer CropScience Limited (Germany), The Dow Chemical Company (the U.S.), BASF SE (Germany), Monsanto Company (the U.S.), Syngenta AG (Switzerland), Adama Agricultural Solutions Ltd (Israel), Nufarm Limited (Australia), Arysta LifeScience Corporation (Japan) and Crystal Crop Protection Pvt. Ltd. (India) among others.

Page |2

Copyright Š 2017 Market Research Future.

Agrochemicals Market Research Report- Forecast to 2023

2 Market Overview The major driver is that the global population is currently at more than 7 billion and still increasing. It is possible that the food demand increases in the forecast period. Additionally, scarcity for land and water is allowing the people to use fertilizers and pesticides which will help to grow multiple crops in a certain area. In contrast, due to the rising environmental hazards from these fertilizers and pesticides it is anticipated that it is possible to foresee a decline in the usage of fertilizers and pesticides in the forecast period. By over using the land for agricultural productivity, land loses essential nutrients which are pivotal in the growth of a crop. This is the key driver for nitrogenous fertilizers market increasing growth rate. The global crop output is diminished due to the pest attack and diseases caused by them. There is an opportunity to develop in fertilizing technology to boost farm production with increasing government investments in agriculture sector to improve the crop yield. Secondly, bio-pesticides are new age crop protection products manufactured from natural substances like plants, animals, bacteria and certain minerals and they are ecofriendly and easy to use.

Intended Audience:

Agrochemicals Manufacturers Traders and Distributors of Agrochemicals Production Process Industries Potential Investors Raw Material Suppliers Nationalized Laboratory

Page |3

Copyright Š 2017 Market Research Future.

Agrochemicals Market Research Report- Forecast to 2023

3 Sample Pages Regional Analysis: The Global Agrochemcials Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific holds the highest share in the Global Agrochemicals Market.

The economies of emerging nations in this area, including India and China, are mostly subjected to farming and agro-based industries. Food grain market is the key segment for this region. Additionally, India & China are the largest importers and exporters. A majority of the global population is in the Asia Pacific region and changing diet are the key factors for this market growth rate. It is anticipated that the demand for food grains in this region is the major driver for the agro based chemical industries market to grow in the forecast period.

The Middle East & Africa has emerged as the leading market region for Agrochemicals followed by North America and Europe. North American Agrochemicals Market is predicted to witness a tremendous growth on account of high consumption bio-pesticides, increasing food demand, and eco-friendly pesticides awareness. In North American region, the U.S. is predicted to be the major contributor in the regional growth of Argochemicals Market and is expected to see a significant demand for bio-pesticides during the forecast period, 2017 to 2023. As of 2016, the U.S accounts for the largest market share and is followed by Mexico and Canada in terms of value & volume and is estimated to grow with the moderate CAGR on account of growth.

Segments

The Global Agrochemicals Market is categorized on the basis of type, product type, and region. On the basis of type, the market is bifurcated into fertilizers and pesticides. On the basis of fertilizers product type the market is segmented into potassic, nitrogenous, phosphatic. On the basis of pesticides product type, the market is segmented into fungicides, insecticides, herbicides, bio-pesticides. On the basis of crop type, the market is segmented into food grains, cash crops, plantation crops, horticulture crops. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Page |4

Copyright Š 2017 Market Research Future.

Agrochemicals Market Research Report- Forecast to 2023

Page |5

Copyright Š 2017 Market Research Future.