Agrochemicals Market Evolution: From Tradition to Technology
The Agrochemicals Market is Pivoting Towards Sustainable Farming Practices

The agrochemicals market primarily consists of crop protection chemicals including herbicides, insecticides and fungicides that are used to maximize crop yields and quality. These chemicals play a vital role in boosting global food production. However, there is a growing need to transition towards more sustainable agricultural systems given environmental and health concerns related to excessive use of agrochemicals.

The Global Agrochemicals Market is estimated to be valued at US$ 81.27 Bn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030.

Key Takeaways

Key players operating in the Agrochemicals market are ADAMA Ltd., Arysta Life Science, Bayer AG, Isagro Spa, K+S Aktiengesellschaft, Nufarm, Nutrien Ltd, OCI Nitrogen, Sociedad Quimica Y Minera De Chile, and The Mosaic Company among others.