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Agrochemical Industry Trends, Latest Insights And Key Competitors - The Mosaic Company, Dow AgroSciences LLC, FMC Corporation, BASF SE
The global agrochemical market report by the business research company identifies the increasing population and consequent rise in food demand to be a major growth driver for the agrochemical market. Food refers to the substance consisting of protein, carbohydrates, fat, and other nutrients used in the body of an organism for sustaining growth, and vital processes and furnishing energy. The steady growth in the population is directly proportional to food demand and growth in the agrochemicals market. For instance, according to United Nations, a US-based intergovernmental organization, the world's population has been expected to increase by 2 billion people in the next 30 years, from 7.7 billion in 2021 to 9.7 billion in 2050. Also, according to Intechnopen, a UK-based publisher of journals and books, the global demand for food has been expected to increase by 70% by 2050. Therefore, the increasing population and consequent rise in food demand will drive the growth of the home infusion therapy market.The global agrochemicals market size is expected to grow from $221.47 billion in 2021 to $238.63 billion in 2022 at a compound annual growth rate (CAGR) of 7.7%. The global agrochemical market size is expected to grow to $292.56 billion in 2026 at a CAGR of 5.2%.
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North America was the largest region in the agrochemicals market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global agrochemicals market forecast period. The regions covered in the global agrochemical market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the agrochemicals market are Adama Agricultural Solutions, Agrium Inc, BASF SE, Bayer AG, Yara International ASA, The Mosaic Company, Israel Chemical Company, FMC Corporation, E.I. du Pont Nemours and Company, Monsanto Company.
The global agrochemicals market is segmented -
1) By Fertilizer Type: Nitrogen Fertilizer, Phosphatic Fertilizer, Potassic Fertilizer, Others
2) By Pesticide Type: Fungicides, Herbicides, Insecticides, Others
3) By Application: Crop Based, Non-Crop Based
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The Agrochemical Market Report Contents Include
1. Executive Summary
2. Agrochemical Market Characteristics
3. Agrochemical Market Trends And Strategies
4. Impact Of Covid-19 On Agrochemical
5. Agrochemical Market Size And Growth
....
26. Africa Agrochemical Market
27. Agrochemical Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Agrochemical Market
29. Agrochemical Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the agrochemical market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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