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Global Agrochemicals Market: An Insight into Growth Drivers, Projected Size, and Emerging Trends
Agrochemicals Market
Explore the emerging trends and transformative potential of the AgroScience industry, enriched by a detailed analysis of market size, key players, and growth drivers.
What Is The Projected Market Size Of The Global AgroScience Market And Its Growth Rate?
- The AgroScience market size exhibited robust growth from $242.52 billion in 2024 to $256.72 billion in 2025, with a CAGR of 5.9%. This growth can be attributed to population growth, climate change, environmental concerns, and globalization.
- The market size is forecasted to further grow to $329.55 billion by 2029 at a CAGR of 6.4%, driven by consumer health and wellness trends, disease and pest pressure, food security concerns, and demographic shifts.
What Is Driving The Growth In The AgroScience Market?
The surge in the agroscience market is being propelled by the growing adoption of sustainable agriculture worldwide. Agricultural communities are increasingly adopting sustainable practices aimed at critical habitat preservation, watershed protection, and the enhancement of soil health and water quality. For instance, in the UK, 133 thousand hectares of agricultural land, representing 2.2% of arable land, were used to grow crops for bioenergy in 2023, contributing significantly to biofuel production. The increase in sustainable farming practices is thereby fuelling the growth of the agroscience market.
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Who Are the Key Players Driving AgroScience Market Growth?
- Agrinos Inc.
- Nutrien Inc.
- Arysta LifeScience Corporation (United Phosphorus Ltd.)
- BASF SE
- Corteva Agriscience Inc.
- Novozymes A/S
- BioWorks Inc.
- Dow AgroSciences LLC
- And many more.
What Are The Key Trends In The AgroScience Market?
- Investment and funding
- Digital agriculture and precision farming
- Advancements in biotechnology
- Climate-smart agriculture
- Vertical farming and controlled environment agriculture
- Smart machinery and robotics
- AI and machine learning
What Are The Segments Of The Global AgroScience Market?
- By Product: Biopesticides, Biostimulants, GM Seeds
- By Active Ingredient: Acid-based biostimulants, Extract-based biostimulants
- By Application: Crops, Food and Vegetable
Which Region Leads The AgroScience Market?
North America held the largest share in the agroscience market in 2024 and is expected to maintain its dominance in the coming years. The report covers regional insights into the agroscience market in Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The AgroScience Market Global Market Report?
- Market Size Analysis: Analyze the AgroScience Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AgroScience Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AgroScience Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AgroScience Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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