出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年3月
農薬市場 : 種類 (肥料、殺虫剤)、作物の種類 (穀類と穀類、油糧種子と豆類、果物と野菜)、肥料の種類、殺虫剤の種類 (殺虫剤、除草剤、殺菌剤、殺線虫剤)、地域別 – 2028年までの世界予測
Agrochemicals Market by Type (Fertilizers, Pesticides), Crop Type (Cerelas & Grains, Oilseeds & Pulses, Fruits & Vegetables), Fertilizers Type, Pesticide Type (Insecticides, Herbicides, Fungicides, Nematicides) and Region – Global Forecast to 2028
| ページ数 | 375 |
| 図表数 | 363 |
| 種別 | 英文調査報告書 |
| 価格 |
The global market for agrochemicals has been estimated to be USD 235.2 billion in 2023 and is projected to grow at a rate of 3.7% between 2023 and 2028.
The agrochemicals market is projected to grow at an exponential rate due to factors such as rising demands for food, climate change induced pest damage, growing population, declining arable land and demand for high crop yields.
Key players in the agrochemicals market include Bayer AG (Germany), BASF (Germany), UPL (India), Syngenta (Switzerland), EuroChem Group (Switzerland), Nufarm (Australia), K+S aktiengesellschaft (Germany), Corteva (US), Sumitomo Chemicals Co., Ltd. (Japan), ADAMA (Israel), Compass Minerals (US), Nutrien Ltd (Canada), Sociedad Química y Minera de Chile (Chile), Yara (Norway), Isagro S.P.A (Italy), OCP Group (Casablanca), Verdesian Life Sciences (US), Jiangsu Yangnong Chemical Co., Ltd (China), Agrolac (Spain), Atticus, LLC (US), Lianyungang Liben Crop Science Co., Ltd (China), Valent USA. LLC (US), Lier Chemicals Co., Ltd. (China), and Spicam Oxon (Italy).
“Herbicides segment is estimated to account for the largest share in 2023 with a CAGR of 3.6%.”
Herbicides are widely used to effectively manage weeds at a cheap cost. They make up the main section of crop protection chemicals for most countries in all regions. Additionally, the use of Pesticides in agriculture has changed because of GMOs. Herbicide use has increased because of genetically modified (GM) crops that are herbicide resistant.
The main causes driving the worldwide herbicide market are changing climatic conditions, dwindling arable land, and rising food consumption. Integrated pest management is opening the door for pest control without endangering the environment, despite several regulatory norms limiting the use of Herbicides. This presents a fantastic opportunity for herbicide producers to capitalize on the market potential to produce green Herbicides, which are expanding more quickly.
As per USDA in 2021, broadleaf weeds can be controlled annually and perennially with the help of the herbicide dicamba. Farmers may adopt genetically modified dicamba-tolerant (DT) seeds despite federal and state bans on their use. For instance, federal regulations in 2019 mandated that fields in areas with endangered plant species maintained buffers on all sides of the field and restricted the use of dicamba to cotton fields from one hour after dawn to two hours before sunset, 60 days after cotton was planted. Some states placed additional limitations or extensions for the use of dicamba.
“Phosphatic Fertilizers is projected to witness the growth of 3.9% during the forecast period.”
A crucial nutrient needed for plant growth is phosphorus. Food production is restricted if soils lack phosphorus unless the nutrient is added as fertiliser. In order to increase food production, phosphorus needs to be present in sufficient amounts. The growth of seeds, plants, and roots are all aided by it. Among the most crucial elements for plant life, phosphorus ranks with nitrogen and potassium. Phosphorus in soil is depleted for a number of reasons, including being washed away by rain. Therefore, phosphorus-based fertilisers are essential to modern agriculture. Phosphate rock is used to make commercial phosphate fertilisers.
According to the US Geological Survey’s (USGS) in 2020, the world consumption of phosphate fertilizers is projected to increase from 47 million metric tons (MT) of nutrient-rich rock in 2019 to 50 million MT in 2023. Africa, India, and South America will account for about three-quarters of that growth in phosphate demand.
“Fertilizers to dominate the agrochemicals market in 2023.”
The fertilizers market is becoming extremely popular since they are critical for increasing crop output by giving crops vital nutrients, such as nitrogen, phosphate, potassium, and others. The demand for fertilizers, particularly in the agricultural sector, has risen quickly because of rising food consumption brought on by a growing population. Fertilizer demand is anticipated to rise because of this. Additionally, the fertilizer industry is fragmented, with numerous fertilizer businesses active globally. Industry participants establish joint ventures and strategic alliances because fertilizers enhance agricultural yield.
Pesticide and fertilizer use, production, and consumption have risen exponentially globally over the past few decades, according to a 2022 UNEP report on “Environmental and health implications of Pesticides and fertilizers and means of limiting them.” As a result, the need for fertilizers is anticipated to increase, particularly for NPK fertilizers.
Break-up of Primaries:
By Value Chain: Demand side – 41%, Supply side – 59%
By Designation: Managers – 24%, CXOs – 31%, and Executives- 45.0%
By Region: Europe – 29%, Asia Pacific – 32%, North America – 24%, RoW – 15%
Leading players profiled in this report:
• Bayer AG (Germany)
• BASF SE (Germany)
• Syngenta (Switzerland)
• UPL (India)
• Compass Minerals (US)
• EuroChem Group (Switzerland)
• OCP Group (Casablanca)
• K+S AKTIENGESELLSCHAFT (Germany)
• Sociedad Química y Minera de Chile (Chile)
• Sumitomo Chemicals (Japan)
• ADAMA Ltd (Israel)
• Nufarm (Australia)
• Nutrien Ltd (Canada)
• Yara (Norway)
• ICL (Israel)
• Corteva (US)
• Marrone Bio Innovations, Inc. (US)
• The Mosaic Company (China)
• Jiangsu Yangnong Chemical Co., Ltd (China)
• Agrolac (Spain)
• FMC Corporation (US)
• Nippon Soda Co. Ltd (Japan)
• Isagro SPA (Italy)
• Nissan Chemicals Corporation (Japan)
• Terramera Inc. (Canada)
Research Coverage:
The report segments the agrochemicals market based on core phase, shell material, application, method, technology and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the agrochemicals market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
• To get a comprehensive overview of the agrochemicals market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them.
• To gain insights about the major countries/regions in which the agrochemicals market is flourishing.
目次
1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 MARKET DEFINITION 28
1.3 STUDY SCOPE 29
FIGURE 1 MARKET SEGMENTATION 29
1.3.1 REGIONS COVERED 30
1.3.2 INCLUSIONS & EXCLUSIONS 30
1.4 YEARS CONSIDERED 32
1.5 CURRENCY CONSIDERED 32
TABLE 1 USD EXCHANGE RATES, 2017–2022 33
1.6 UNIT CONSIDERED 33
1.7 STAKEHOLDERS 33
1.8 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 2 RESEARCH DESIGN 35
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 36
2.1.2 PRIMARY DATA 36
2.1.2.1 Key data from primary sources 37
2.1.2.2 Key industry insights 37
2.1.2.3 Breakdown of primary interviews 38
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 38
2.2 MARKET SIZE ESTIMATION 38
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (FERTILIZERS) 39
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (PESTICIDES) 40
2.2.1 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH 41
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY (DEMAND-SIDE) 41
2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 41
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 42
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY, BY TYPE (SUPPLY-SIDE) 42
2.3 GROWTH RATE FORECAST ASSUMPTIONS 42
2.4 DATA TRIANGULATION 43
FIGURE 9 DATA TRIANGULATION 43
2.5 RESEARCH ASSUMPTIONS 44
TABLE 2 RESEARCH ASSUMPTIONS 44
2.6 LIMITATIONS AND RISK ASSESSMENT 45
TABLE 3 LIMITATIONS AND RISK ASSESSMENT 45
2.7 RECESSION IMPACT 45
2.7.1 MACROECONOMIC INDICATORS OF RECESSION 45
FIGURE 10 RECESSION INDICATORS 46
FIGURE 11 GLOBAL INFLATION RATES, 2011–2021 46
FIGURE 12 GLOBAL GDP, 2011–2021 (USD TRILLION) 47
FIGURE 13 RECESSION INDICATORS AND THEIR IMPACT ON AGROCHEMICALS MARKET 48
FIGURE 14 AGROCHEMICALS MARKET: EARLIER FORECAST VS. RECESSION FORECAST 49
3 EXECUTIVE SUMMARY 50
TABLE 4 AGROCHEMICALS MARKET SNAPSHOT, 2023 VS. 2028 51
FIGURE 15 AGROCHEMICALS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 51
FIGURE 16 AGROCHEMICALS MARKET, BY CROP TYPE, 2023 VS. 2028 52
FIGURE 17 AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023 VS. 2028 (USD MILLION) 53
FIGURE 18 AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023 VS. 2028 (USD MILLION) 53
FIGURE 19 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE IN 2022 54
4 PREMIUM INSIGHTS 55
4.1 OPPORTUNITIES FOR PLAYERS IN AGROCHEMICALS MARKET 55
FIGURE 20 RISE IN GLOBAL FOOD DEMAND AND DECLINING SOIL FERTILITY TO DRIVE MARKET GROWTH 55
4.2 AGROCHEMICALS MARKET, BY TYPE AND REGION 56
FIGURE 21 ASIA PACIFIC TO LEAD MARKET IN 2023 56
4.3 ASIA PACIFIC: AGROCHEMICALS MARKET, BY TYPE AND KEY COUNTRIES 57
FIGURE 22 CHINA AND FERTILIZERS SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARE IN 2023 57
4.4 AGROCHEMICALS MARKET: MAJOR REGIONAL SUBMARKETS 58
FIGURE 23 CHINA ACCOUNTED FOR LARGEST SHARE IN 2022 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MACROECONOMIC INDICATORS 59
5.2.1 REDUCTION IN ARABLE LAND 59
FIGURE 24 CROPLAND AREA PER CAPITA, BY REGION, 2000–2020 (HA) 60
FIGURE 25 GLOBAL PER CAPITA ARABLE LAND, 2002–2022 (HA) 61
5.2.2 GROWING ADOPTION OF PESTICIDES AGAINST PEST ATTACKS AND CROP DAMAGE 61
FIGURE 26 PESTICIDE USAGE PER HECTARE OF CROPLAND, BY COUNTRY, 2019 (TONS) 62
5.2.3 INCREASED RELIANCE ON FERTILIZERS FOR PRODUCTIVITY ENHANCEMENT 63
FIGURE 27 FERTILIZER CONSUMPTION, 2008–2020 (MILLION TONS PER HECTARE OF ARABLE LAND) 63
5.3 MARKET DYNAMICS 64
5.3.1 INTRODUCTION 64
FIGURE 28 MARKET DYNAMICS 64
5.3.2 DRIVERS 65
5.3.2.1 Impact of abiotic stressors and growing cases of plant diseases 65
5.3.2.2 Rising demand for high crop productivity 65
5.3.2.3 Favorable government policies, subsidies, and regulations 66
5.3.3 RESTRAINTS 66
5.3.3.1 Increasing resistance of insect pests against agrochemicals 66
5.3.3.2 High cost associated with liquid agrochemicals 67
5.3.4 OPPORTUNITIES 67
5.3.4.1 Increasing research and development on innovative adjuvant products 67
5.3.4.2 Drift potential of UAVs with adjuvants in aerial application 67
5.3.4.3 Crop-specific nutrient management through precision farming 68
5.3.5 CHALLENGES 69
5.3.5.1 Rising cost of raw materials 69
FIGURE 29 PRICE OF FERTILIZERS, BY TYPE, 2016–2023 (USD PER METRIC TON) 69
5.3.5.2 Reluctant adoption of chemical pesticides 69
6 INDUSTRY TRENDS 71
6.1 INTRODUCTION 71
6.2 REGULATORY FRAMEWORK 72
6.2.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
TABLE 8 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 9 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
6.3 REGULATORY FRAMEWORK 76
6.3.1 NORTH AMERICA 76
6.3.1.1 US 77
6.3.1.2 Canada 79
6.3.1.3 Mexico 81
6.3.2 EUROPE 82
6.3.2.1 Data requirements for plant protection products 83
6.3.2.2 UK 85
6.3.2.3 France 87
6.3.2.4 Russia 87
6.3.2.5 Germany 88
6.3.2.6 Spain 89
6.3.2.7 Italy 91
6.3.3 ASIA PACIFIC 91
6.3.3.1 China 91
6.3.3.2 Australia & New Zealand 93
6.3.3.2.1 Approval of active constituents 93
6.3.3.3 Japan 95
6.3.3.4 India 95
6.3.3.4.1 Data requirements for technical ingredients 96
6.3.4 SOUTH AMERICA 97
6.3.4.1 Argentina 97
6.3.4.2 Brazil 97
6.3.5 REST OF THE WORLD 98
6.3.5.1 Middle East 98
6.3.5.2 Saudi Arabia 98
6.3.5.3 Nigeria 101
6.3.5.4 Kenya 102
6.3.5.5 Egypt 102
6.3.5.6 UAE 102
6.3.5.7 South Africa 103
6.4 PATENT ANALYSIS 103
FIGURE 30 NUMBER OF PATENTS APPROVED GLOBALLY, 2012–2022 104
TABLE 10 LIST OF MAJOR PATENTS GRANTED, 2012–2022 104
FIGURE 31 JURISDICTIONS WITH HIGHEST PATENT APPROVALS, 2012–2022 106
6.5 VALUE CHAIN ANALYSIS 107
FIGURE 32 VALUE CHAIN ANALYSIS 107
6.5.1 RESEARCH AND PRODUCT DEVELOPMENT 108
6.5.2 MATERIAL SOURCING AND ACQUISITIONS 108
6.5.3 AGROCHEMICAL MANUFACTURING 108
6.5.4 DISTRIBUTION AND SALES MANAGEMENT 108
6.5.5 END-USER INDUSTRY 109
6.6 TRENDS/DISRUPTIONS IMPACTING BUYERS 109
FIGURE 33 YC-YCC: REVENUE SHIFT FOR AGROCHEMICALS MARKET 109
6.7 ECOSYSTEM ANALYSIS 110
FIGURE 34 ECOSYSTEM ANALYSIS 110
6.7.1 UPSTREAM 111
6.7.1.1 Active ingredient manufacturers and agrochemical raw material providers and manufacturers 111
6.7.2 DOWNSTREAM 111
6.7.2.1 Startups/Emerging companies 111
6.7.2.2 Regulatory bodies 111
6.7.2.3 End users 111
TABLE 11 ECOSYSTEM ANALYSIS 112
6.8 TRADE ANALYSIS 113
TABLE 12 IMPORT VALUE OF INSECTICIDES, FUNGICIDES, HERBICIDES, NEMATICIDES, AND PLANT GROWTH REGULATORS, BY COUNTRY, 2022 (USD THOUSAND) 113
FIGURE 35 IMPORT VALUE OF INSECTICIDES, FUNGICIDES, HERBICIDES, NEMATICIDES, AND PLANT GROWTH REGULATORS FOR KEY COUNTRIES, 2017–2021 (USD THOUSAND) 114
TABLE 13 EXPORT VALUE OF INSECTICIDES, FUNGICIDES, HERBICIDES, NEMATICIDES, AND PLANT GROWTH REGULATORS, BY COUNTRY, 2022 (USD THOUSAND) 114
FIGURE 36 EXPORT VALUE OF INSECTICIDES, FUNGICIDES, HERBICIDES, NEMATICIDES, AND PLANT GROWTH REGULATORS FOR KEY COUNTRIES, 2017–2021 (USD THOUSAND) 115
TABLE 14 IMPORT VALUE OF MINERAL OR CHEMICAL NITROGENOUS FERTILIZERS, BY COUNTRY, 2021 (USD THOUSAND) 115
FIGURE 37 IMPORT VALUE OF MINERAL OR CHEMICAL NITROGENOUS FERTILIZERS FOR KEY COUNTRIES, 2017–2021 (USD THOUSAND) 116
TABLE 15 EXPORT VALUE OF MINERAL OR CHEMICAL NITROGENOUS FERTILIZERS, BY COUNTRY, 2022 (USD THOUSAND) 116
FIGURE 38 EXPORT VALUE OF CHEMICAL OR MINERAL FERTILIZERS FOR KEY COUNTRIES, 2017–2021 (USD THOUSAND) 117
6.9 KEY CONFERENCES & EVENTS, 2023–2024 117
TABLE 16 CONFERENCES & EVENTS, 2023–2024 117
6.10 CASE STUDY ANALYSIS 120
6.10.1 USE CASE 1: BAYER LAUNCHED LUNA FLEX IN US TO CONTROL CROP DISEASES 120
6.10.2 USE CASE 2: BASF LAUNCHED VORAXOR TO PROTECT CEREAL CROPS FROM WEED DAMAGE IN AUSTRALIA 120
6.11 PRICING ANALYSIS 121
6.11.1 INTRODUCTION 121
6.11.2 AVERAGE SELLING PRICE FOR KEY PLAYERS, BY TYPE (USD/KG) 121
FIGURE 39 AVERAGE SELLING PRICE FOR KEY PLAYERS, BY TYPE (USD/KG) 121
FIGURE 40 AVERAGE SELLING PRICE, BY TYPE, 2018–2022 (USD/KG) 121
FIGURE 41 AVERAGE SELLING PRICE, BY REGION, 2018–2022 (USD/KG) 122
6.12 TECHNOLOGY ANALYSIS 122
6.12.1 RNA-BASED PESTICIDES 122
6.12.2 NANO-AGROCHEMICALS 122
6.12.3 PESTICIDE SPRAYING TECHNOLOGY IN AGRICULTURE 123
6.12.3.1 Robotics leading to innovations in agrochemicals market 123
6.13 PORTER’S FIVE FORCES ANALYSIS 123
TABLE 17 PORTER’S FIVE FORCES ANALYSIS 123
6.13.1 INTENSITY OF COMPETITIVE RIVALRY 123
6.13.2 BARGAINING POWER OF SUPPLIERS 124
6.13.3 BARGAINING POWER OF BUYERS 124
6.13.4 THREAT FROM NEW ENTRANTS 124
6.13.5 THREAT FROM SUBSTITUTES 125
6.14 KEY STAKEHOLDERS & BUYING CRITERIA 126
6.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 126
FIGURE 42 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE 126
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE 126
6.14.2 BUYING CRITERIA 126
FIGURE 43 KEY BUYING CRITERIA FOR AGROCHEMICALS 127
TABLE 19 KEY BUYING CRITERIA FOR AGROCHEMICALS 127
7 AGROCHEMICALS MARKET, BY CROP TYPE 128
7.1 INTRODUCTION 129
FIGURE 44 AGROCHEMICALS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION) 129
TABLE 20 AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 130
TABLE 21 AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 130
7.2 CEREALS & GRAINS 130
TABLE 22 CEREALS & GRAINS: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 131
TABLE 23 CEREALS & GRAINS: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 131
TABLE 24 CEREALS & GRAINS: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 25 CEREALS & GRAINS: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 132
7.2.1 CORN 132
7.2.1.1 Growing demand for pesticides to address problems related to corn growth 132
7.2.2 WHEAT 133
7.2.2.1 Decreasing crop quality 133
7.2.3 RICE 133
7.2.3.1 Rising fungal diseases in rice 133
7.2.4 OTHER CEREALS & GRAINS 134
7.3 OILSEEDS & PULSES 134
TABLE 26 OILSEEDS & PULSES: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 135
TABLE 27 OILSEEDS & PULSES: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 135
TABLE 28 OILSEEDS & PULSES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 135
TABLE 29 OILSEEDS & PULSES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 136
7.3.1 SOYBEAN 136
7.3.1.1 Rise in seedling diseases 136
7.3.2 SUNFLOWER 137
7.3.2.1 Fertilizers enrich soil quality of sunflower crops 137
7.3.3 OTHER OILSEEDS & PULSES 137
7.4 FRUITS & VEGETABLES 137
TABLE 30 FRUITS & VEGETABLES: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 138
TABLE 31 FRUITS & VEGETABLES: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 139
TABLE 32 FRUITS & VEGETABLES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 139
TABLE 33 FRUITS & VEGETABLES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 140
7.4.1 APPLES 140
7.4.1.1 Fertilizers combat scab problems in apples 140
7.4.2 CUCUMBER 140
7.4.2.1 Growing demand for cucumber due to its nutritional value 140
7.4.3 GRAPES 141
7.4.3.1 Growing fungal infection in grapes 141
7.4.4 PEARS 141
7.4.4.1 Increasing insect infestation in pears 141
7.4.5 POTATOES 141
7.4.5.1 High nutrient requirement of potato crops 141
7.4.6 BANANA 142
7.4.6.1 Growing problem of weeds in banana cultivation 142
7.4.7 AVOCADO 142
7.4.7.1 Rising need to address mineral deficiency 142
7.4.8 TOMATOES 142
7.4.8.1 Increasing prevalence of pests such as fruit worms 142
7.4.9 CUCURBITS 143
7.4.9.1 High potassium requirement of cucurbits 143
7.4.10 OTHER FRUITS & VEGETABLES 143
7.5 OTHER CROP TYPES 144
TABLE 34 OTHER CROP TYPES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 144
TABLE 35 OTHER CROP TYPES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 145
8 AGROCHEMICALS MARKET, BY FERTILIZER TYPE 146
8.1 INTRODUCTION 147
FIGURE 45 AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023 VS. 2028 (USD MILLION) 147
TABLE 36 AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2018–2022 (USD MILLION) 148
TABLE 37 AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023–2028 (USD MILLION) 148
8.2 NITROGENOUS FERTILIZERS 148
TABLE 38 NITROGENOUS FERTILIZERS: AGROCHEMICALS MARKET, BY SUBTYPE, 2018–2022 (USD MILLION) 149
TABLE 39 NITROGENOUS FERTILIZERS: AGROCHEMICALS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 150
TABLE 40 NITROGENOUS FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 150
TABLE 41 NITROGENOUS FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 150
8.2.1 UREA 151
8.2.1.1 Cheap availability of urea in developing nations 151
8.2.2 AMMONIUM NITRATE 151
8.2.2.1 Plants readily consume nitrogen in nitrate form 151
8.2.3 AMMONIUM SULFATE 152
8.2.3.1 Easy utilization and mixing ability of ammonium sulfate 152
8.2.4 AMMONIA 153
8.2.4.1 High affordability of blended ammonia-based fertilizers 153
8.2.5 CALCIUM AMMONIUM NITRATE 153
8.2.5.1 Enhanced water ventilation and permeability offered to crops 153
8.2.6 OTHER NITROGENOUS FERTILIZERS 154
8.3 PHOSPHATIC FERTILIZERS 154
TABLE 42 PHOSPHATIC FERTILIZERS: AGROCHEMICALS MARKET, BY SUBTYPE, 2018–2022 (USD MILLION) 155
TABLE 43 PHOSPHATIC FERTILIZERS: AGROCHEMICALS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 156
TABLE 44 PHOSPHATIC FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 156
TABLE 45 PHOSPHATIC FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 156
8.3.1 DIAMMONIUM PHOSPHATE 157
8.3.1.1 pH regulation property of diammonium phosphate enhances soil quality 157
8.3.2 MONOAMMONIUM PHOSPHATE (MAP) 157
8.3.2.1 Increasing application of MAP as under-root fertilizer 157
8.3.3 TRIPLE SUPERPHOSPHATE (TSP) 158
8.3.3.1 Rising demand for improved soil fertility 158
8.3.4 OTHER PHOSPHATIC FERTILIZERS 159
8.4 POTASSIC FERTILIZERS 159
TABLE 46 POTASSIC FERTILIZERS: AGROCHEMICALS MARKET, BY SUBTYPE, 2018–2022 (USD MILLION) 160
TABLE 47 POTASSIC FERTILIZERS: AGROCHEMICALS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 160
TABLE 48 POTASSIC FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 160
TABLE 49 POTASSIC FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 161
8.4.1 POTASSIUM CHLORIDE 161
8.4.1.1 Growing need to build disease-resistant crops 161
8.4.2 POTASSIUM SULFATE 161
8.4.2.1 Increasing use of potassium sulfate in optimum crop development 161
8.4.3 OTHER POTASSIC FERTILIZERS 162
9 AGROCHEMICALS MARKET, BY PESTICIDE TYPE 163
9.1 INTRODUCTION 164
FIGURE 46 AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023 VS. 2028 (USD MILLION) 164
TABLE 50 AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2018–2022 (USD MILLION) 165
TABLE 51 AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023–2028 (USD MILLION) 165
9.2 INSECTICIDES 165
9.2.1 RISING NEED TO IMPROVE AGRICULTURAL PRODUCTIVITY 165
TABLE 52 INSECTICIDES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 166
TABLE 53 INSECTICIDES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 166
9.3 HERBICIDES 167
9.3.1 GROWING NEED TO ADDRESS CROP DAMAGE 167
TABLE 54 HERBICIDES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 167
TABLE 55 HERBICIDES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 168
9.4 FUNGICIDES 168
9.4.1 CLIMATE CHANGES TO LEAD TO FUNGAL DISEASES 168
TABLE 56 FUNGICIDES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 169
TABLE 57 FUNGICIDES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 169
9.5 NEMATICIDES 169
9.5.1 RISING APPLICATION OF NEMATICIDES TO INCREASE CROP YIELD 169
TABLE 58 NEMATICIDES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 170
TABLE 59 NEMATICIDES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 170
9.6 OTHER PESTICIDE TYPES 171
TABLE 60 OTHER PESTICIDE TYPES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 172
TABLE 61 OTHER PESTICIDE TYPES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 172
10 AGROCHEMICALS MARKET, BY TYPE 173
10.1 INTRODUCTION 174
FIGURE 47 AGROCHEMICALS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 174
TABLE 62 AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 174
TABLE 63 AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 175
TABLE 64 AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (KILOTONS) 175
TABLE 65 AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (KILOTONS) 175
10.2 FERTILIZERS 175
10.2.1 INCREASING GOVERNMENT SUPPORT TO DEVELOP INNOVATIVE FERTILIZERS 175
TABLE 66 FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 176
TABLE 67 FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 176
TABLE 68 FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (KILOTONS) 177
TABLE 69 FERTILIZERS: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (KILOTONS) 177
10.3 PESTICIDES 177
10.3.1 GROWING NEED TO PREVENT FOOD SHORTAGE 177
TABLE 70 PESTICIDES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 178
TABLE 71 PESTICIDES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 178
TABLE 72 PESTICIDES: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (KILOTONS) 179
TABLE 73 PESTICIDES: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (KILOTONS) 179
11 AGROCHEMICALS MARKET, BY REGION 180
11.1 INTRODUCTION 181
FIGURE 48 AGROCHEMICALS MARKET: GEOGRAPHICAL ANALYSIS 181
TABLE 74 AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 182
TABLE 75 AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 182
TABLE 76 AGROCHEMICALS MARKET, BY REGION, 2018–2022 (KILOTONS) 182
TABLE 77 AGROCHEMICALS MARKET, BY REGION, 2023–2028 (KILOTONS) 183
11.2 NORTH AMERICA 183
TABLE 78 NORTH AMERICA: AGROCHEMICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 184
TABLE 79 NORTH AMERICA: AGROCHEMICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 184
TABLE 80 NORTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 185
TABLE 81 NORTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 185
TABLE 82 NORTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (KILOTONS) 185
TABLE 83 NORTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (KILOTONS) 185
TABLE 84 NORTH AMERICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 186
TABLE 85 NORTH AMERICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 186
TABLE 86 NORTH AMERICA: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2018–2022 (USD MILLION) 186
TABLE 87 NORTH AMERICA: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023–2028 (USD MILLION) 187
TABLE 88 NORTH AMERICA: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2018–2022 (USD MILLION) 187
TABLE 89 NORTH AMERICA: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023–2028 (USD MILLION) 187
11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 188
FIGURE 49 NORTH AMERICA: INFLATION RATES IN KEY COUNTRIES, 2017–2021 188
FIGURE 50 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2023 189
11.2.2 US 189
11.2.2.1 High intensification and sub-optimal frequency of crop rotation 189
TABLE 90 US: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 191
TABLE 91 US: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 191
TABLE 92 US: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 191
TABLE 93 US: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 191
11.2.3 CANADA 192
11.2.3.1 Growing food supply requirements and increase in cultivable land 192
TABLE 94 CROPS INFESTED BY INSECT PESTS IN CANADA 193
TABLE 95 CANADA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 194
TABLE 96 CANADA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 194
TABLE 97 CANADA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 194
TABLE 98 CANADA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 195
11.2.4 MEXICO 195
11.2.4.1 Rising demand for genetically modified corn 195
TABLE 99 MEXICO: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 197
TABLE 100 MEXICO: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 197
TABLE 101 MEXICO: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 197
TABLE 102 MEXICO: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 197
11.3 ASIA PACIFIC 198
FIGURE 51 ASIA PACIFIC: AGROCHEMICALS MARKET SNAPSHOT 199
TABLE 103 ASIA PACIFIC: AGROCHEMICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 200
TABLE 104 ASIA PACIFIC: AGROCHEMICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 200
TABLE 105 ASIA PACIFIC: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 200
TABLE 106 ASIA PACIFIC: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 201
TABLE 107 ASIA PACIFIC: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (KILOTONS) 201
TABLE 108 ASIA PACIFIC: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (KILOTONS) 201
TABLE 109 ASIA PACIFIC: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 201
TABLE 110 ASIA PACIFIC: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 202
TABLE 111 ASIA PACIFIC: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2018–2022 (USD MILLION) 202
TABLE 112 ASIA PACIFIC: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023–2028 (USD MILLION) 202
TABLE 113 ASIA PACIFIC: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2018–2022 (USD MILLION) 203
TABLE 114 ASIA PACIFIC: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023–2028 (USD MILLION) 203
11.3.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 203
FIGURE 52 ASIA PACIFIC: INFLATION RATES IN KEY COUNTRIES, 2017–2021 204
FIGURE 53 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 205
11.3.2 CHINA 205
11.3.2.1 Limited land area and unsuitable climate 205
TABLE 115 CHINA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 207
TABLE 116 CHINA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 207
TABLE 117 CHINA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 207
TABLE 118 CHINA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 208
11.3.3 JAPAN 208
11.3.3.1 Growing technological advancements in pest management 208
TABLE 119 JAPAN: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 209
TABLE 120 JAPAN: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 209
TABLE 121 JAPAN: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 209
TABLE 122 JAPAN: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 210
11.3.4 INDIA 210
11.3.4.1 Increased pressure to improve farm yield 210
TABLE 123 INDIA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 211
TABLE 124 INDIA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 211
TABLE 125 INDIA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 212
TABLE 126 INDIA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 212
11.3.5 AUSTRALIA & NEW ZEALAND 212
11.3.5.1 Rising need to combat pesticide-resistant weeds 212
TABLE 127 AUSTRALIA & NEW ZEALAND: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 213
TABLE 128 AUSTRALIA & NEW ZEALAND: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 213
TABLE 129 AUSTRALIA & NEW ZEALAND: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 214
TABLE 130 AUSTRALIA & NEW ZEALAND: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 214
11.3.6 REST OF ASIA PACIFIC 214
TABLE 131 REST OF ASIA PACIFIC: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 215
TABLE 132 REST OF ASIA PACIFIC: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 215
TABLE 133 REST OF ASIA PACIFIC: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 216
TABLE 134 REST OF ASIA PACIFIC: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 216
11.4 EUROPE 216
TABLE 135 EUROPE: AGROCHEMICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 217
TABLE 136 EUROPE: AGROCHEMICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 218
TABLE 137 EUROPE: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 218
TABLE 138 EUROPE: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 218
TABLE 139 EUROPE: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (KILOTONS) 218
TABLE 140 EUROPE: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (KILOTONS) 219
TABLE 141 EUROPE: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 219
TABLE 142 EUROPE: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 219
TABLE 143 EUROPE: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2018–2022 (USD MILLION) 219
TABLE 144 EUROPE: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023–2028 (USD MILLION) 220
TABLE 145 EUROPE: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2018–2022 (USD MILLION) 220
TABLE 146 EUROPE: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023–2028 (USD MILLION) 220
11.4.1 EUROPE: RECESSION IMPACT ANALYSIS 221
FIGURE 54 EUROPE: INFLATION RATES IN KEY COUNTRIES, 2017–2021 221
FIGURE 55 EUROPE: RECESSION IMPACT ANALYSIS 222
11.4.2 GERMANY 222
11.4.2.1 Rising demand for food grains from beer industry 222
TABLE 147 GERMANY: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 223
TABLE 148 GERMANY: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 223
TABLE 149 GERMANY: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 223
TABLE 150 GERMANY: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 224
11.4.3 UK 224
11.4.3.1 Declining soil quality 224
TABLE 151 UK: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 225
TABLE 152 UK: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 225
TABLE 153 UK: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 225
TABLE 154 UK: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 225
11.4.4 FRANCE 226
11.4.4.1 Increasing need for enhanced agricultural productivity 226
TABLE 155 FRANCE: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 227
TABLE 156 FRANCE: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 227
TABLE 157 FRANCE: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 227
TABLE 158 FRANCE: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 227
11.4.5 ITALY 228
11.4.5.1 Boost in utilization of yield-enhancing agricultural inputs 228
TABLE 159 ITALY: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 228
TABLE 160 ITALY: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 229
TABLE 161 ITALY: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 229
TABLE 162 ITALY: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 229
11.4.6 SPAIN 230
11.4.6.1 Surge in demand for fruits, cereals, and vegetables 230
TABLE 163 SPAIN: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 230
TABLE 164 SPAIN: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 231
TABLE 165 SPAIN: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 231
TABLE 166 SPAIN: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 231
11.4.7 REST OF EUROPE 231
TABLE 167 REST OF EUROPE: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 232
TABLE 168 REST OF EUROPE: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 233
TABLE 169 REST OF EUROPE: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 233
TABLE 170 REST OF EUROPE: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 233
11.5 SOUTH AMERICA 234
FIGURE 56 SOUTH AMERICA: AGROCHEMICALS MARKET SNAPSHOT 235
TABLE 171 SOUTH AMERICA: AGROCHEMICALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 235
TABLE 172 SOUTH AMERICA: AGROCHEMICALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 236
TABLE 173 SOUTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 236
TABLE 174 SOUTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 236
TABLE 175 SOUTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (KILOTONS) 236
TABLE 176 SOUTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (KILOTONS) 237
TABLE 177 SOUTH AMERICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 237
TABLE 178 SOUTH AMERICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 237
TABLE 179 SOUTH AMERICA: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2018–2022 (USD MILLION) 238
TABLE 180 SOUTH AMERICA: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023–2028 (USD MILLION) 238
TABLE 181 SOUTH AMERICA: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2018–2022 (USD MILLION) 238
TABLE 182 SOUTH AMERICA: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023–2028 (USD MILLION) 239
11.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 239
FIGURE 57 SOUTH AMERICA: INFLATION RATES IN KEY COUNTRIES, 2017–2021 240
FIGURE 58 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 240
11.5.2 BRAZIL 241
11.5.2.1 High demand for soybean in Europe and Asian countries 241
TABLE 183 BRAZIL: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 242
TABLE 184 BRAZIL: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 242
TABLE 185 BRAZIL: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 243
TABLE 186 BRAZIL: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 243
11.5.3 ARGENTINA 243
11.5.3.1 Ease in regulatory frameworks 243
TABLE 187 ARGENTINA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 244
TABLE 188 ARGENTINA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 245
TABLE 189 ARGENTINA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 245
TABLE 190 ARGENTINA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 245
11.5.4 REST OF SOUTH AMERICA 245
TABLE 191 REST OF SOUTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 246
TABLE 192 REST OF SOUTH AMERICA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 246
TABLE 193 REST OF SOUTH AMERICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 247
TABLE 194 REST OF SOUTH AMERICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 247
11.6 REST OF THE WORLD (ROW) 247
TABLE 195 REST OF THE WORLD: AGROCHEMICALS MARKET, BY REGION, 2018–2022 (USD MILLION) 248
TABLE 196 REST OF THE WORLD: AGROCHEMICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 249
TABLE 197 REST OF THE WORLD: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 249
TABLE 198 REST OF THE WORLD: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 249
TABLE 199 REST OF THE WORLD: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (KILOTONS) 249
TABLE 200 REST OF THE WORLD: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (KILOTONS) 250
TABLE 201 REST OF THE WORLD: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 250
TABLE 202 REST OF THE WORLD: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 250
TABLE 203 REST OF THE WORLD: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2018–2022 (USD MILLION) 251
TABLE 204 REST OF THE WORLD: AGROCHEMICALS MARKET, BY FERTILIZER TYPE, 2023–2028 (USD MILLION) 251
TABLE 205 REST OF THE WORLD: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2018–2022 (USD MILLION) 251
TABLE 206 REST OF THE WORLD: AGROCHEMICALS MARKET, BY PESTICIDE TYPE, 2023–2028 (USD MILLION) 252
11.6.1 REST OF THE WORLD: RECESSION IMPACT ANALYSIS 252
FIGURE 59 REST OF THE WORLD: INFLATION RATES IN KEY COUNTRIES, 2017–2021 253
FIGURE 60 REST OF THE WORLD: RECESSION IMPACT ANALYSIS 253
11.6.2 AFRICA 254
11.6.2.1 Growing demand for improved productivity and output 254
TABLE 207 AFRICA: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 255
TABLE 208 AFRICA: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 255
TABLE 209 AFRICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 255
TABLE 210 AFRICA: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 255
11.6.3 MIDDLE EAST 256
11.6.3.1 Increasing government subsidies 256
TABLE 211 MIDDLE EAST: AGROCHEMICALS MARKET, BY TYPE, 2018–2022 (USD MILLION) 256
TABLE 212 MIDDLE EAST: AGROCHEMICALS MARKET, BY TYPE, 2023–2028 (USD MILLION) 256
TABLE 213 MIDDLE EAST: AGROCHEMICALS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 257
TABLE 214 MIDDLE EAST: AGROCHEMICALS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 257
12 COMPETITIVE LANDSCAPE 258
12.1 OVERVIEW 258
12.2 STRATEGIES ADOPTED BY KEY PLAYERS 259
TABLE 215 STRATEGIES ADOPTED BY KEY PLAYERS 259
12.3 MARKET SHARE ANALYSIS 261
TABLE 216 INTENSITY OF COMPETITIVE RIVALRY 261
12.4 REVENUE ANALYSIS OF KEY PLAYERS 262
FIGURE 61 REVENUE ANALYSIS OF KEY PLAYERS, 2017–2021 (USD BILLION) 262
12.5 EVALUATION QUADRANT FOR KEY PLAYERS, 2022 263
12.5.1 STARS 263
12.5.2 EMERGING LEADERS 263
12.5.3 PERVASIVE PLAYERS 263
12.5.4 PARTICIPANTS 264
FIGURE 62 EVALUATION QUADRANT FOR KEY PLAYERS, 2022 264
12.6 PRODUCT FOOTPRINT FOR KEY PLAYERS 265
TABLE 217 COMPANY FOOTPRINT, BY TYPE 265
TABLE 218 COMPANY FOOTPRINT, BY CROP TYPE 266
TABLE 219 COMPANY FOOTPRINT, BY REGION 267
TABLE 220 OVERALL COMPANY FOOTPRINT 267
12.7 EVALUATION QUADRANT FOR STARTUPS/SMES, 2022 268
12.7.1 PROGRESSIVE COMPANIES 268
12.7.2 STARTING BLOCKS 268
12.7.3 RESPONSIVE COMPANIES 268
12.7.4 DYNAMIC COMPANIES 268
FIGURE 63 EVALUATION QUADRANT FOR STARTUPS/SMES, 2022 269
12.8 COMPETITIVE BENCHMARKING OF SMES/STARTUPS/OTHER PLAYERS 270
TABLE 221 DETAILED LIST OF OTHER PLAYERS 270
TABLE 222 COMPETITIVE BENCHMARKING OF OTHER PLAYERS 271
12.9 COMPETITIVE SCENARIO 272
12.9.1 PRODUCT LAUNCHES 272
TABLE 223 PRODUCT LAUNCHES, 2019–2022 272
12.9.2 DEALS 277
TABLE 224 DEALS, 2018–2023 277
12.9.3 OTHERS 280
TABLE 225 OTHERS, 2019–2020 280
13 COMPANY PROFILES 282
13.1 KEY PLAYERS 282
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
13.1.1 BAYER AG 282
TABLE 226 BAYER AG: BUSINESS OVERVIEW 282
FIGURE 64 BAYER AG: COMPANY SNAPSHOT 283
TABLE 227 BAYER AG: PRODUCT LAUNCHES 284
TABLE 228 BAYER AG: DEALS 285
13.1.2 BASF SE 287
TABLE 229 BASF SE: BUSINESS OVERVIEW 287
FIGURE 65 BASF SE: COMPANY SNAPSHOT 288
TABLE 230 BASF SE: PRODUCT LAUNCHES 289
TABLE 231 BASF SE: DEALS 290
TABLE 232 BASF SE: OTHERS 291
13.1.3 SYNGENTA 292
TABLE 233 SYNGENTA: BUSINESS OVERVIEW 292
FIGURE 66 SYNGENTA: COMPANY SNAPSHOT 293
TABLE 234 SYNGENTA: PRODUCT LAUNCHES 295
TABLE 235 SYNGENTA: DEALS 296
TABLE 236 SYNGENTA: OTHERS 296
13.1.4 EUROCHEM GROUP 298
TABLE 237 EUROCHEM GROUP: BUSINESS OVERVIEW 298
FIGURE 67 EUROCHEM GROUP: COMPANY SNAPSHOT 299
TABLE 238 EUROCHEM GROUP: DEALS 300
13.1.5 CORTEVA 302
TABLE 239 CORTEVA: BUSINESS OVERVIEW 302
FIGURE 68 CORTEVA: COMPANY SNAPSHOT 303
TABLE 240 CORTEVA: PRODUCT LAUNCHES 304
TABLE 241 CORTEVA: DEALS 305
13.1.6 UPL 305
TABLE 242 UPL: BUSINESS OVERVIEW 306
FIGURE 69 UPL: COMPANY SNAPSHOT 307
TABLE 243 UPL: PRODUCT LAUNCHES 310
TABLE 244 UPL: DEALS 311
13.1.7 COMPASS MINERALS 312
TABLE 245 COMPASS MINERALS: BUSINESS OVERVIEW 312
FIGURE 70 COMPASS MINERALS: COMPANY SNAPSHOT 313
TABLE 246 COMPASS MINERALS: PRODUCT LAUNCHES 314
TABLE 247 COMPASS MINERALS: DEALS 314
13.1.8 K+S AKTIENGESELLSCHAFT 315
TABLE 248 K+S AKTIENGESELLSCHAFT: BUSINESS OVERVIEW 315
FIGURE 71 K+S AKTIENGESELLSCHAFT: COMPANY SNAPSHOT 316
TABLE 249 K+S AKTIENGESELLSCHAFT: DEALS 317
TABLE 250 K+S AKTIENGESELLSCHAFT: OTHERS 318
13.1.9 SOCIEDAD QUÍMICA Y MINERA DE CHILE 319
TABLE 251 SOCIEDAD QUIMICA Y MINERA DE CHILE: BUSINESS OVERVIEW 319
FIGURE 72 SOCIEDAD QUIMICA Y MINERA DE CHILE: COMPANY SNAPSHOT 320
13.1.10 SUMITOMO CHEMICALS CO., LTD. 322
TABLE 252 SUMITOMO CHEMICALS CO., LTD.: BUSINESS OVERVIEW 322
FIGURE 73 SUMITOMO CHEMICAL CO., LTD.: COMPANY SNAPSHOT 323
TABLE 253 SUMITOMO CHEMICALS CO., LTD.: PRODUCT LAUNCHES 324
TABLE 254 SUMITOMO CHEMICALS CO., LTD.: DEALS 324
13.1.11 ADAMA 326
TABLE 255 ADAMA: BUSINESS OVERVIEW 326
FIGURE 74 ADAMA: COMPANY SNAPSHOT 327
TABLE 256 ADAMA: PRODUCT LAUNCHES 329
TABLE 257 ADAMA: DEALS 330
13.1.12 NUFARM 331
TABLE 258 NUFARM: BUSINESS OVERVIEW 331
FIGURE 75 NUFARM: COMPANY SNAPSHOT 332
TABLE 259 NUFARM: PRODUCT LAUNCHES 333
13.1.13 NUTRIEN LTD. 335
TABLE 260 NUTRIEN LTD.: BUSINESS OVERVIEW 335
FIGURE 76 NUTRIEN LTD.: COMPANY SNAPSHOT 335
13.1.14 YARA 337
TABLE 261 YARA: BUSINESS OVERVIEW 337
FIGURE 77 YARA: COMPANY SNAPSHOT 338
TABLE 262 YARA: OTHERS 339
13.1.15 ICL 340
TABLE 263 ICL: BUSINESS OVERVIEW 340
FIGURE 78 ICL: COMPANY SNAPSHOT 340
13.1.16 ISAGRO S.P.A. 342
TABLE 264 ISAGRO S.P.A.: BUSINESS OVERVIEW 342
FIGURE 79 ISAGRO S.P.A.: COMPANY SNAPSHOT 343
13.2 STARTUPS/SMES/OTHER PLAYERS 345
13.2.1 OCP GROUP 345
TABLE 265 OCP GROUP: BUSINESS OVERVIEW 345
TABLE 266 OCP GROUP: DEALS 346
TABLE 267 OCP GROUP: OTHERS 346
13.2.2 VERDESIAN LIFE SCIENCES 347
TABLE 268 VERDESIAN LIFE SCIENCES: BUSINESS OVERVIEW 347
TABLE 269 VERDESIAN LIFE SCIENCES: PRODUCTS OFFERED 347
13.2.3 JIANGSU YANGNONG CHEMICAL CO., LTD. 348
TABLE 270 JIANGSU YANGNONG CHEMICAL CO., LTD.: BUSINESS OVERVIEW 348
13.2.4 AGROLAC 350
TABLE 271 AGROLAC: BUSINESS OVERVIEW 350
13.2.5 ATTICUS, LLC 352
TABLE 272 ATTICUS, LLC: BUSINESS OVERVIEW 352
13.2.6 LIANYUNGANG LIBEN CROP SCIENCE CO., LTD. 353
TABLE 273 LIANYUNGANG LIBEN CROP SCIENCE CO., LTD.: BUSINESS OVERVIEW 353
13.2.7 VALENT U.S.A. LLC 354
TABLE 274 VALENT U.S.A. LLC: BUSINESS OVERVIEW 354
13.2.8 LIER CHEMICAL CO., LTD. 355
TABLE 275 LIER CHEMICAL CO., LTD.: BUSINESS OVERVIEW 355
13.2.9 SIPCAM OXON 356
TABLE 276 SIPCAM OXON: BUSINESS OVERVIEW 356
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS 357
14.1 INTRODUCTION 357
14.2 ADJACENT MARKETS 357
14.2.1 LIMITATIONS 357
14.2.2 MARKET DEFINITION 357
14.2.3 MARKET OVERVIEW 357
14.2.4 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION 358
TABLE 277 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2017–2020 (USD MILLION) 358
TABLE 278 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2021–2027 (USD MILLION) 358
14.2.5 AGRICULTURAL BIOLOGICALS MARKET, BY REGION 359
TABLE 279 AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2017–2020 (USD MILLION) 359
TABLE 280 AGRICULTURAL BIOLOGICALS MARKET, BY REGION, 2021–2027 (USD MILLION) 360
14.3 CROP PROTECTION MARKET 360
14.3.1 LIMITATIONS 360
14.3.2 MARKET DEFINITION 360
14.3.3 MARKET OVERVIEW 361
14.3.4 CROP PROTECTION CHEMICALS MARKET, BY TYPE 361
TABLE 281 CROP PROTECTION CHEMICALS MARKET, BY TYPE, 2016–2019 (USD MILLION) 361
TABLE 282 CROP PROTECTION CHEMICALS MARKET, BY TYPE, 2020–2025 (USD MILLION) 362
14.3.5 CROP PROTECTION CHEMICALS MARKET, BY REGION 362
TABLE 283 CROP PROTECTION CHEMICALS MARKET, BY REGION, 2016–2019 (USD MILLION) 362
TABLE 284 CROP PROTECTION CHEMICALS MARKET, BY REGION, 2020–2025 (USD MILLION) 363
15 APPENDIX 364
15.1 DISCUSSION GUIDE 364
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 371
15.3 CUSTOMIZATION OPTIONS 373
15.4 RELATED REPORTS 373
15.5 AUTHOR DETAILS 374