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Global Agrochemicals Market (Fertilizers, Herbicides, Fungicides & Insecticides): Insights & Forecast With Potential Impact Of COVID-19 (2022-2026)

Published on: Mar 2022 | From USD $1700 | Published By: KONCEPT ANALYTICS | Number Of Pages: 118

The global agrochemicals market is expected to reach US$305.71 billion in 2026, progressing at a CAGR of 3.98%, over the period 2021-2026. Growth in the agrochemicals market has accrued due to rising demand of food supplies across the globe, expanding railway network, growing deficit in arable lands, escalating animal husbandry sector and surging sales of mineral fertilizers. The market is anticipated to experience certain trends like increasing number of agrochemicals going off patent, accelerating adoption of biopesticides, favorable government policies and rising adoption of precision farming. The growth of the market would be challenged by rapid growth of organic food industry, safety issues with the use of agrochemicals and high development cost of agrochemicals.

The global agrochemicals market has been segmented on the basis of product and application. According to product, the market can be bifurcated into fertilizers, pesticides and others which include plant growth regulators, liming and acidifying agents, adjuvants, etc. Whereas, in terms of application, the global agrochemicals market can be split into cereals & grains, fruits & vegetables, oilseeds & pulses and others which include non-crop based applications.

The fastest growing regional market is Asia Pacific due to the surge in awareness among end-users regarding the benefits of agrochemicals, rising population base along with increasing demand for food, limited agricultural land, issues such as soil erosion and degradation and growing consumer demand for sustainable production of food. Further, the outbreak of COVID-19 pandemic negatively impacted the market growth in 2020, due to weakened global demand conditions and halted manufacturing activities across the region.

Scope of the report:

• The report provides a comprehensive analysis of the global agrochemicals market segmented on the basis of product, application and region with potential impact of COVID-19.
• The major regional and country markets (Asia Pacific, Europe, North America and Rest of the World) have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (BASF SE, Bayer AG, Sumitomo Chemical Co., Ltd., The Syngenta Group, Corteva, Inc., and FMC Corporation) are also presented in detail.

Key Target Audience:

• Agrochemical Manufacturers, Distributors and Other Stakeholders
• Raw Material Suppliers
• Traders, Importers & Exporters
• Farming Communities, Crop Protection & Other Agricultural Associations
• Research and Academic Institutes

1. Market Overview

1.1 Introduction
1.2 Classification of Agrochemicals
1.3 Some Majorly Used Agrochemicals
1.4 Manufacturing Process of Pesticide
1.5 Advantages of Agrochemicals
1.6 Disadvantages of Agrochemicals
1.7 Strategies for Agrochemical Management

2. Impact of COVID-19

2.1 Decline in Industrial Production
2.2 Impact on Chemical Industry
2.3 Reduction in Agrochemical Production

3. Global Market Analysis

3.1 Global Agrochemicals Market by Value
3.2 Global Agrochemicals Market Forecast by Value
3.3 Global Agrochemicals Market by Product
3.3.1 Global Fertilizer Market by Value
3.3.2 Global Fertilizer Market Forecast by Value
3.3.3 Global Fertilizer Market by Form
3.3.4 Global Fertilizer Form Market by Value
3.3.5 Global Fertilizer Form Market Forecast by Value
3.3.6 Global Pesticides Market by Value
3.3.7 Global Pesticides Market Forecast by Value
3.3.8 Global Pesticides Market by Origin
3.3.9 Global Pesticides Origin Market by Value
3.3.10 Global Pesticides Origin Market Forecast by Value
3.3.11 Global Pesticides Market by Type
3.3.12 Global Pesticides Type Market by Value
3.3.13 Global Pesticides Type Market Forecast by Value
3.4 Global Agrochemicals Market by Application
3.4.1 Global Agrochemicals Applications Market by Value
3.4.2 Global Agrochemicals Applications Market Forecast by Value
3.5 Global Agrochemicals Market by Region

4. Regional Market Analysis

4.1 Asia Pacific
4.1.1 Asia Pacific Agrochemicals Market by Value
4.1.2 Asia Pacific Agrochemicals Market Forecast by Value
4.2 Europe
4.2.1 Europe Agrochemicals Market by Value
4.2.2 Europe Agrochemicals Market Forecast by Value
4.3 North America
4.3.1 North America Agrochemicals Market by Value
4.3.2 North America Agrochemicals Market Forecast by Value
4.3.3 The U.S. Agrochemicals Market by Value
4.3.4 The U.S. Agrochemicals Market Forecast by Value
4.3.5 The U.S. Agrochemicals Market by Product
4.3.6 The U.S. Agrochemicals Product Market by Value
4.3.7 The U.S. Agrochemicals Product Market Forecast by Value
4.4 RoW
4.4.1 RoW Agrochemicals Market by Value
4.4.2 RoW Agrochemicals Market Forecast by Value

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Rising Demand of Food Supplies Across the Globe
5.1.2 Expanding Railway Network
5.1.3 Growing Deficit in Arable Lands
5.1.4 Escalating Animal Husbandry Sector
5.1.5 Surging Sales of Mineral Fertilizers
5.2 Key Trends and Developments
5.2.1 Increasing Number of Agrochemicals Going Off-Patent
5.2.2 Accelerating Adoption of Biopesticides
5.2.3 Rising Adoption of Precision Farming
5.2.4 Favorable Government Policies
5.3 Challenges
5.3.1 Rapid Growth of Organic Food Industry
5.3.2 Safety Issues with the Use of Agrochemicals
5.3.3 High Development Cost of Agrochemicals

6. Competitive Landscape

6.1 Global Market
6.1.1 Revenue Comparison of Key Players
6.1.2 Market Capitalization Comparison of Key Players
6.1.3 R&D Comparison of Key Players
6.1.4 Global Agrochemicals Market Share by Key Players
6.1.5 Global Herbicide Market Share by Key Players
6.1.6 Global Fungicide Market Share by Key Players
6.1.7 Global Insecticide Market Share by Key Players

7. Company Profiles

7.1 BASF SE
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 Bayer AG
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Sumitomo Chemical Co., Ltd.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.4 The Syngenta Group
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.5 Corteva, Inc.
7.5.1 Business Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.6 FMC Corporation
7.6.1 Business Overview
7.6.2 Financial Overview
7.6.3 Business Strategies

List of Figures

Grouping of Agrochemicals
Classification of Agrochemicals
Manufacturing Process of Technical Grade Pesticide
Advantages of Agrochemicals
Disadvantages of Agrochemicals
Strategies For Agrochemical Management
Industrial Production in China (2019-2020)
India Pesticides Production Volume (2018-2020)
Global Agrochemicals Market by Value (2016-2020)
Global Agrochemicals Market Forecast by Value (2021-2025)
Global Agrochemicals Market by Product (2020)
Global Fertilizers Market by Value (2016-2020)
Global Fertilizers Market Forecast by Value (2021-2025)
Global Fertilizer Market by Form (2020)
Global Fertilizer Form Market by Value (2016-2020)
Global Fertilizer Form Market Forecast by Value (2021-2025)
Global Pesticides Market by Value (2016-2020)
Global Pesticides Market Forecast by Value (2021-2025)
Global Pesticides Market by Origin (2020)
Global Pesticides Origin Market by Value (2016-2020)
Global Pesticides Origin Market Forecast by Value (2021-2025)
Global Pesticides Market by Type (2020)
Global Pesticides Type Market by Value (2016-2020)
Global Pesticides Type Market Forecast by Value (2021-2025)
Global Agrochemicals Market by Application (2020)
Global Agrochemicals Applications Market by Value (2016-2020)
Global Agrochemicals Applications Market Forecast by Value (2021-2025)
Global Agrochemicals Market by Region (2020)
Asia Pacific Agrochemicals Market by Value (2016-2020)
Asia Pacific Agrochemicals Market Forecast by Value (2021-2025)
Europe Agrochemicals Market by Value (2016-2020)
Europe Agrochemicals Market Forecast by Value (2021-2025)
North America Agrochemicals Market by Value (2016-2020)
North America Agrochemicals Market Forecast by Value (2021-2025)
The U.S. Agrochemicals Market by Value (2016-2020)
The U.S. Agrochemicals Market Forecast by Value (2021-2025)
The U.S. Agrochemicals Market by Product (2020)
The U.S. Agrochemicals Product Market by Value (2016-2020)
The U.S. Agrochemicals Product Market Forecast by Value (2021-2025)
RoW Agrochemicals Market by Value (2016-2020)
RoW Agrochemicals Market Forecast by Value (2021-2025)
Global Population (2016-2020)
Length of the Railway Network Worldwide (2015-2020)
Arable Land & Land in Permanent Crops Worldwide (2000-2030)
Global Animal Feed Production (2016-2020)
Global Mineral Fertilizers Market (2020-2024)
Agrochemicals going Off-Patent Worldwide (2018-2023)
Global Bioinsecticides Market (2016-2025)
Global Precision Farming Market Forecast (2018-2023)
Global Organic Food Market Forecast (2020-2025)
Global Agrochemicals Market Share by Key Players (2020)
Global Herbicide Market Share by Key Players
Global Fungicide Market Share by Key Players (2020)
Global Insecticide Market Share by Key Players
BASF SE Sales and Net Loss (Income) (2016-2020)
BASF SE Sales by Segment (2020)
BASF SE Sales by Region (2020)
Bayer AG Sales and Net Income (Loss) (2016-2020)
Bayer AG Sales by Segment (2020)
Bayer AG Sales by Region (2020)
Sumitomo Chemical Co., Ltd. Sales Revenue and Net Income (2016-2020)
Sumitomo Chemical Co., Ltd. Sales Revenue by Segments (2020)
The Syngenta Group Sales and Net Profit/Loss (2016-2020)
The Syngenta Group Sales by Segment (2020)
The Syngenta Group Sales by Region (2020)
Corteva, Inc. Net Sales and Net Income (Loss) (2016-2020)
Corteva, Inc. Net Sales by Segment (2020)
Corteva, Inc. Net Sales by Region (2020)
FMC Corporation Revenue and Net Income (2016-2020)
FMC Corporation Revenue by Region (2020)

List of Tables

Worldwide Percentage Change in Chemical Production by Type (2019-2020)
Revenue Comparison of Key Players (2020)
Market Capitalization Comparison of Key Players (2021)
R&D Comparison of Key Players (2020)

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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