Agricultural Chemical Trends and Forecast
The future of the global agricultural chemical market looks promising with opportunities in the foliar and fertigation markets. The global agricultural chemical market is expected to grow with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are surge in cultivation of crops and rapid yield growth and general publicÄX%$%Xs increasing inclination towards natural food products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Agricultural Chemical by Segment
The study includes a forecast for the global agricultural chemical by crop type, type, application, and region.
Agricultural Chemical Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:
• Cereals
• Pulses & Oilseeds
• Fruits & Vegetables
• Lawns & Turfs
Agricultural Chemical Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Pesticides
• Fertilizers
Agricultural Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Foliar
• Fertigation
• Others
Agricultural Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Agricultural Chemical Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural chemical companies profiled in this report include-
• Bayer
• BASF
• Yara
• Compass Mineral
• Syngenta Crop Protection
• Adama
• Sumitomo Chemicals
• Nufarm
• UPL
• ICL
Agricultural Chemical Market Insights
Lucintel forecasts that cereals is expected to witness highest growth over the forecast period.
Within this market, foliar will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Agricultural Chemical Market
Market Size Estimates: Agricultural chemical market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Agricultural chemical market size by crop type, type, application, and region in terms of value ($B).
Regional Analysis: Agricultural chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different crop types, types, applications, and regions for the agricultural chemical market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural chemical market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for agricultural chemical market?
Answer: The global agricultural chemical market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the agricultural chemical market?
Answer: The major drivers for this market are surge in cultivation of crops and rapid yield growth and general publicÄX%$%Xs increasing inclination towards natural food products.
Q3. What are the major segments for agricultural chemical market?
Answer: The future of the agricultural chemical market looks promising with opportunities in the foliar and fertigation markets.
Q4. Who are the key agricultural chemical market companies?
Answer: Some of the key agricultural chemical companies are as follows:
• Bayer
• BASF
• Yara
• Compass Mineral
• Syngenta Crop Protection
• Adama
• Sumitomo Chemicals
• Nufarm
• UPL
• ICL
Q5. Which agricultural chemical market segment will be the largest in future?
Answer: Lucintel forecasts that cereals is expected to witness highest growth over the forecast period.
Q6. In agricultural chemical market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the agricultural chemical market by crop type (cereals, pulses & oilseeds, fruits & vegetables, and lawns & turfs), type (pesticides and fertilizers), application (foliar, fertigation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Agricultural Chemical Market, Agricultural Chemical Market Size, Agricultural Chemical Market Growth, Agricultural Chemical Market Analysis, Agricultural Chemical Market Report, Agricultural Chemical Market Share, Agricultural Chemical Market Trends, Agricultural Chemical Market Forecast, Agricultural Chemical Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.