Agrochemicals Market to be Worth $338.49 Billion by 2030

1. Agrochemicals Market to be Worth $338.49 Billion by 2030

2. Global Agrochemicals Market – 2023-2030 Meticulous Research®, a prominent global market research firm, has released a report titled "Agrochemicals Market by Type (Fertilizers, Synthetic Chemicals, Biological Chemicals, Biostimulants, Plant Growth Regulators), Form (Dry, Liquid), Mode of Application (Seed Treatment, Soil Treatment, Fertigation), Crop Type - Global Forecast to 2030.' The market for agrochemicals is anticipated to achieve a valuation of $338.49 billion by 2030, with a projected CAGR of 4.0% from 2023 to 2030. Key drivers of market growth include the increasing demand for cost-effective crop protection solutions, the imperative to improve crop yield and quality, the rise in organic farming practices and consumer demand for organic food, growing awareness about environmental safety, and heightened emphasis on soil management practices. Government initiatives promoting biopesticides, integrated pest management strategies, and opportunities in emerging markets such as Asia-Pacific and Latin America are expected to further propel market expansion. Nevertheless, the market faces challenges such as stringent regulatory frameworks, persistent high demand for synthetic fertilizers, limited farmer education and awareness regarding advanced agrochemicals, and lengthy processes for product registration and approval." For more details, download the sample report here : https://www.meticulousresearch.com/download-sample-report/cp_id=5698 Key Players Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Global Agrochemicals Market – 2023-2030 Key players in the agrochemicals market include: BASF SE (Germany), Bayer AG (Germany), Corteva, Inc. (U.S.), FMC Corporation (U.S.), Novozymes A/S (Denmark), Nufarm Limited (Australia), Syngenta AG (Switzerland), UPL Limited (India), Sumitomo Chemical Co., Ltd. (Japan), Jiangsu Yangnong Chemical Co. Ltd. (China), Loveland Products, Inc. (U.S.), Eastman Chemical Company (U.S.), Evonik Industries AG (Germany), American Vanguard Corporation (U.S.), Koppert B.V. (Netherlands), Gowan Company LLC (U.S.), Biolchim SPA (Italy), Lallemand Inc. (Canada), ADAMA Agricultural Solutions Ltd. (Israel), Isagro S.p.A. (Italy), Market Segmentation The report provides historical market data (2021 and 2022), current estimates (2023), and forecasts for 2030, segmented by type, form, mode of application, crop type, and geography. 1.By Type: •Fertilizers •Synthetic Crop Protection Chemicals •Biological Crop Protection Chemicals •Biostimulants •Plant Growth Regulators •Soil Conditioners •Other Types In 2023, the fertilizers segment is expected to hold the largest market share due to the high demand for fertilizers such as anhydrous ammonia, ammonium nitrate, and urea. Government initiatives and the growing awareness of sustainable agricultural practices also contribute to this segment's dominance. 2.By Form: •Dry Form •Liquid Form The dry form segment is expected to hold the larger market share in 2023. This is attributed to the high adoption of dry form agrochemicals, particularly synthetic fertilizers, due to their long-lasting effects, high efficiency, cost-effectiveness, and easy storage. 3.By Mode of Application: •Seed Treatment •Foliar Spray •Soil Treatment Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Global Agrochemicals Market – 2023-2030 •Fertigation •Other Modes of Application The soil treatment segment is anticipated to account for the largest share in 2023, driven by its benefits such as precise agrochemical placement, reduced wastage, enhanced root development, and cost- effective implementation of biological treatments. 4.By Crop Type: •Cereals & Grains •Oilseeds & Pulses •Fruits & Vegetables •Other Crops The cereals & grains segment is expected to hold the largest share in 2023 due to the increasing need to boost production, minimize losses from pests and diseases, and the rising use of these crops in animal feed and biofuel production. 5.By Geography: In 2023, Asia-Pacific is projected to hold the largest market share due to rapid population growth, increasing demand for quality agricultural products, and significant investments in organic farming practices. The region is also expected to experience the fastest growth during the forecast period. Report Highlights •Historical market data (2021 and 2022), current estimates (2023), and forecasts up to 2030. •Analysis of key drivers, restraints, opportunities, and challenges in the agrochemicals market. •Detailed competitive landscape and strategies of major players. •Examination of high-growth market segments by type, form, mode of application, crop type, and geography. •Insights into the major players' market shares and local emerging players in various countries. BUY FULL REPORT: https://www.meticulousresearch.com/Checkout/82104767 Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com