Select Page

Agrochemicals Market Overview:
Agrochemicals is an important agricultural support industry and boosts agriculture, while preventing, reducing and eliminating the impact of disasters to increase food output and safety. Agrochemical consists of herbicides, insecticides, bactericides, and plant growth regulators. The importance of agrochemicals is majorly for enhancing food and nutrition security for the population. Moreover, low per hectare yield as compared to the global average and increasing pest attacks further strengthen the need for crop protection via use of agrochemicals.
Agrochemicals belongs to group of speciality chemical which includes fertilizer, herbicides, fungicides, hormones and other growth agents in chemical synthesis. The basic function of agrochemicals is to protect the crop and improve quality of soil and crop. Agrochemicals also used acts as growth agent in plants. The growing need for processed food and advanced packaging technique has improved the food & beverage sector, thereby, increasing the demand for food grain, oilseeds and vegetables. This in turn drives the agrochemical market growth.
Get Free Sample Copy of This Report Now @ https://www.marketresearchfuture.com/sample_request/749
Agrochemicals Key Players:
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.
Agrochemicals Market Regional Analysis:
The market has been covered across major regions of the world, including North America, Latin America, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC). Asia Pacific has emerged as a prominent market for agrochemicals in recent years. Increased focus on modernizing agricultural process coupled with the urgency to increase agricultural productivity has augured well for agrochemical suppliers in the region. India and China collectively represent more than one-third of the global population. This also indicates towards a noteworthy food demand in these countries.
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 agrochemicals market and is expected to see a significant demand for bio-pesticides during the forecast period, 2018 to 2023.
As of 2017, 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. In Europe, the demand for agrochemicals is predicted to grow in various countries such as Italy, Germany, Spain, U.K, France, and Russia on account of increasing expenditure in innovation and growing purchasing power of consumers. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness substantial growth owing to increasing demand for food supply to expanding population as well as involvement of new technologies and chemical free crops use bio-pesticides awareness in agrochemicals market.
Agrochemicals Market Segmental Analysis:
MRFR’s report include a detailed segmental analysis of the market based on product type, and crop type. On the basis product type, the market has been segmented into fertilizers and pesticides. The fertilizer segment has been further sub-segmented into phosphatic, nitrogenous and potassic. The pesticides segment is further sub-segmented into bio-pesticides, insecticides, fungicides and herbicides. On the basis of crop type, the market is segmented into horticulture crops, plantation crops, cash crops and food grains.
Agrochemicals belongs to group of speciality chemical which includes fertilizer, herbicides, fungicides, hormones and other growth agents in chemical synthesis. The basic function of agrochemicals is to protect the crop and improve quality of soil and crop. Agrochemicals also used acts as growth agent in plants. The growing need for processed food and advanced packaging technique has improved the food & beverage sector, thereby, increasing the demand for food grain, oilseeds and vegetables. This in turn drives the agrochemical market growth.
Agrochemicals Market Competitive Analysis:
Agrochemical Market is high fragmented market with tier 1 and tier 2 players. The market participants are acquiring small players in the market and collaborating with distributors to meet the global demand. Acquisition is the key strategies adopted by significant players to maintain their market share. Increasing R&D activities to develop efficient and easy cultivation of agriculture products is major focus by key players in market. For instance, BASF had invested USD 2 Bllion in R&D activities in 2017. Companies are relocating business owing to easy availability of resources, favourable climatic condition and balance import-export policies.
Agrochemicals Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Agrochemicals Market
Agrochemicals Market Table of Content to be Continue…….,
Request Brochure of Report @ https://www.marketresearchfuture.com/reports/agrochemical-market-749
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com